9/17/2012 Dollar - Harami formation after an extended decline warns of possible reversal. (click to enlarge)
Intermarket analysis helps us to see from another angle what the market believes about the news we are inundated with daily. Actions of the dollar and oil at the
first time target, Pluto stations and Pluto-Uranus square, confirmed the August 14th hypothesis of when the fall 2012 uptrend would start to stall. For example, action of the dollar on September 17, 2012 (http://www.mariarinehart.com/101040639), warned that the market at that time may not be giving much credence to QE3. On September 18, we ended our long call on AAPL.
For more on oil, see our Trader Planet article on OPEC and oil at
and Growth Stocks
Financial astrology provides another look at stocks by identifying potential catalysts.
See our September 2012 article at Market Watch for YHOO,
The follow-up article is the study of Saturn as a measurement of progress at TraderPlanet
Growth and the Saturn Cycle (YHOO and NFLX)
The Market is Not Right or Wrong, the Market is the Answer
This blog is an interpretation of the market’s dance. It is not possible
to always get it right, and at times the market will confound, requiring the need to step back and simply wait and watch for more info to present itself. At times new information not understood before will require adjusting the previous assumptions. For
example, in the Fall of 2012, the hypothesis on this blog was that the correction would be deeper because of the perception then that we were at a late stage of a four-year market cycle; however, market action soon disproved this hypothesis,
and a market follow-thru in late November was acknowledged. In retrospect, Fall 2012 signalled the long awaited Great Rotation from bonds to equities.
In December, it was time to begin following the developments in China, and early
leaders such as autos and semiconductors pointing to a nascent global recovery. Despite the overall bullish senitiment on this blog since December 2012, we cannot forget oil's impact on the recovery, and what might be termed as the oil paradox: rise
in oil while indicative of global demand and growth, poses pressure to growth in a consumer driven economy when it reaches levels that are unsustainable for the consumer and industry as we've seen time and again.
For more on the
The Oil Paradox: Crude Oil Prices Nearing Crossroads
***Finally this blog is for entertainment and learning only. Thus,
stocks mentioned are simply for demonstration of ideas shared, and not to be construed as a recommendation to buy or sell. The blogger combines financial astrology with traditional TA and intermarket analysis. Hope you enjoy, but please do your own homework
and make your own mistakes and successes. You can always follow us on Twitter @RinehartMaria.
Edited July 2, 2013 -