Carvana … Targets Higher

November 14, 2026 By in CVNA, Transportation, Up-Thrust Leave a comment

Watch for ‘Alternation’

The next Carvana earnings release isn’t until the middle of February next year, link here.

That’s plenty of time for price action to move into a potential set-up.

Depending on what happens next, the chart shows the potential to move higher into a Fibonacci 61.8% projection.

That projection just so happens to be near resistance, and possible up-thrust condition (not advice, not a recommendation).

Carvana CVNA, Daily Close

Now, we watch to see what happens next.

There’s also a Fibonacci count in-effect … to be covered in another update.

Stay Tuned

Notice:

On or before January 1st, of 2027, this site will go private and no longer be available to the public.

Charts by StockCharts, TC2000

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Silver Hits Target … Down

November 13, 2026 By in SLV Leave a comment

So, Now What?

Before getting to the chart, let’s take a trip down memory lane.

Back on March 4th, of this year, when SLV, was still at nosebleed levels of 75.34, we had this (emphasis added):

“Putting aside the YouTube ‘silver to the moon’ hype, ‘dollar destruction’, and ‘economic collapse’ narratives, along with every other form of hysteria or mania du jour, we’re going to try something novel; like just looking at the chart of silver (SLV), itself“.

That exercise showed probability of a bull move, was not imminent; which ultimately proved to be correct.

Then, in June, enough price action had elapsed to enable a downside ‘measured move’ target, link here.

As that post says, two separate methods were used to generate a nearly identical target.

All of which, brings us to now.

Silver SLV, Weekly

The chart has SLV in two downward trading channels, having met measured move in the vicinity of SLV 46.

It also shows a Fibonacci projection all the way down to approximately SLV 31 (not advice, not a recommendation).

If that’s met, it then puts this (projected) decline on par with the the last bear market, from April of 2011 to March of 2020.

Notice:

On or before January 1st, of 2027, this site will go private and no longer be available to the public.

Stay Tuned

Charts by StockCharts, TC2000

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Oil & Gas … Yesterday, and Today

November 12, 2026 By in DRIP, Oil, Oil & Gas, XOP Leave a comment

Target, Met?

The XOP chart, shows today’s price action super-imposed on yesterday’s chart.

Did XOP meet the target well enough for a test? (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts, TC2000

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Oil & Gas … Upside Test

November 11, 2026 By in Oil & Gas, XOP 1 Comment

Testing The Break

The day after the wedge ‘throw-over’, labeled as No. 1, on the chart was this post, link here.

Three days after that, labeled as No. 5, was the last of the upside before the largest (oil price) collapse since 2020, link here.

The chart shows a potential area for the ‘test’ (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts, TC2000

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

The Top 1%

November 10, 2026 By in Linda Raschke, The Top 1% Leave a comment

Linda Raschke, is Back

This just out:

Nearly an hour and a half with master trader, Linda Raschke, link here.

There’s not a full list of time stamps (yet), but here are a few:

10:30: Retail Trader does have an edge

12:40: Reduce (or eliminate) the number of indicators

13:00: Price is always one step ahead.

Stay Tuned

Charts by StockCharts, TC2000

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

DoorDash Channel(s)

November 9, 2026 By in DASH, DASH-26-08, Up-Thrust Leave a comment

Right Side Contact?

The up-thrust on DASH (magenta arrow), was co-incident with its conference call.

Then, there was a huge thrust lower on heavy volume.

After that, price action limped higher and now appears to be in contact (blue arrow) with the right-side trend and channel line (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts, TC2000

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

The Top 1%

November 8, 2026 By in Jeff Wade, Linda Raschke, Mark Minervini, The Top 1%, Tom Hougaard Leave a comment

Brief & Brutal

Maybe the reason for “The Top 1%”, earlier (link here), was because we have this, for today’s post. 🙂

In any event, there’s a pattern.

Whether it’s Linda Raschke, Tom Hougaard, Mark Minervini, or today’s Jeff Wade, the pattern is this:

Is it possible to become part of the Top 1%?

Yes.

Is it probable?

No.

That is, unless one is willing to do whatever it takes.

‘Whatever it takes’, is different for every person as outlined by Tom Hougaard at this link.

For those who may have thought ‘Scum & Villainy’ was a bit much on this comment, I submit timestamp 39:50 in Hougaard’s speech, above.

Enough said.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Oil & Gas Sector Collapse

November 7, 2026 By in Oil, Oil & Gas, Wyckoff, XOP 4 Comments

XOP Wipeout

Oil & Gas Exploration sector XOP, collapsed by – 14.72%, this past week.

Prior to that melt-down, two scenarios were presented for the sector.

One, was a commodity style blow-off move, and the other, an immediate reversal.

The potential chosen, was dictated by the tape itself in this post, and shown on the chart.

Oil & Gas Exploration XOP, Weekly

The ‘measured move’ target from the wedge breakdown is shown. What’s not known is if, and when, price action will get there (not advice, not a recommendation).

Note: We’ve already had the ‘fast’ move.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

A.I. Bubble … Deflating

November 6, 2026 By in APP, Artificial Intelligence, Semiconductors, SOXS, SOXS-26-20, SOXX Leave a comment

In The channel

The segment of price action at left, shows the SOXX maintaining a downward trading channel (not advice, not a recommendation).

Channels can remain active for longer than expected.

One recent example is Applovin (APP).

It just broke out of a down-channel that was in-effect for five months.

Stay Tuned

Charts by StockCharts, TC2000

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

The Top 1%

November 5, 2026 By in Livermore, Mark Minervini, The Top 1% 1 Comment

Mark Minervini

Posts covering The Top 1%, are typically reserved for the weekend.

However, with so much happening, two days away is a long time.

I don’t want the interview to get lost in the chaos.

With that said, approximate time stamps below:

6:30: Volatility contraction pattern

6:45: Debunking efficient market theory

10:27: There’s a price for everything

11:02: Economic depression

19:13: Large position size and concentration

21:33: The goal is to make every decision a quality decision

22:44: Set-ups

24:10: Volatility contraction, timeless principle

33:40: ‘If you’re so smart …’

36:00: Criteria … this is what ‘should’ happen

39:27: Jesse Livermore

42:00: Mindset

48:50: Self-proclaimed gurus

52:20: Goal setting: Oriented, milestone, reward

53:20: ‘Breathing’

54:50: ‘Make your bed’

58:00: Position size and volume

1:01:30: Outside for a year

1:03)40: ‘All-in’ move

1:05:10: I’m not the man

1:06:40: A life worth emulating

Stay Tuned

Charts by StockCharts, TC2000

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279