Category Archives: CDE

Cadence Design … Reversal Ready

September 23, 2025 By in 2007 - 2008, CDE, Spring-to-Up-Thrust, Up-Thrust, Wyckoff 5 Comments

Repeating Pattern

During the last multi-year, market melt-down from ’07 – ’09, Cadence Design Systems (CDNS) crashed over -90%, in a relatively ‘well-behaved’ collapse.

‘Well-behaved’; straight down, sideways, then straight down again.

Looking at the current price action on a closing basis, we see the ominous (potential) pattern of Spring-to-Up-Thrust.

Cadence Design Systems, CDNS, Daily Close

Other Wyckoff ‘spring’ set-ups are noted.

However, this time around, we may be in up-thrust (reversal) condition.

The next earnings release is late October; there’s time to assess action (if/when short) before any Kabuki theater (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

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 & Solar

September 7, 2024 By in Artificial Intelligence, Bonds, CDE, Federal Reserve, GORO, Great Depression 2.0, HL, Interest Rates, NEXA, PAAS, SLV, Solar Power, TLT, ZeroHedge 2 Comments

Looks Like Demand Has Evaporated

Those who ‘drank the Kool-Aide’ about silver being bolstered to astronomical heights because, you know, ‘solar energy’, must be a little upset by now.

Just like the fabled ‘interest rate cut’, it’s not happening.

Although for interest rates, we’re just shy of two weeks away to find out; meanwhile, since the last report, the bond market has been bid up again, pushing rates down (again), so, we’ll see.

Back to silver.

We have yet another so-called ‘green energy’ company going bankrupt. That’s not so much news, except for this statement from the report (paraphrasing):

‘Solar demand has declined across the entire industry’

Um, it’s called an economic depression (not advice, not a recommendation).

While we’re talking collapse, let’s just throw in the Chat GPT (Artificial Intelligence) collapse as well, link here.

With all of that as the backdrop, let’s see what silver is up to these days.

Silver, SLV ETF, Weekly

A terminating wedge with an MACD crossover.

We’re at the spot with price could go either way. There has been no wedge breakout to the upside, or down.

If we do get an upside breakout, the position of the MACD is set-up for a potential bearish divergence.

Covered many times on this site; the possibility that precious metals could move higher as a result of the miners imploding.

Adding to that idea are the components of tracking SILJ, silver miner EFT. How many of these outfits have an actual P/E?

PAAS does not, HL … no, CDE … no, NEXA … no, GORO … no, and on it goes.

Stay Tuned

Charts by StockCharts

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