Surf City

Surf City is a pseudonym for a 60-year-old retired Information Technology Executive and Software start-up Entrepreneur living near the beach in California.   He has been an active investor and trader since the mid-1980s. Analytical by nature, his sound investments over the years allowed him to retire at a relatively early age of 55. In addition to the standard Technical Analysis tools of Edwards and Magee, Surf is a disciple of Walter Bressert’s Cycle Methodology and Stan Weinstein’s Stage 4 Market analysis.  Surf combines these skills to develop his unique “Cycle Price Channels.”  Some call them “Surf’s ForkCycles.

Surf City Articles

The USD has had a bullish run out of it’s Intermediate and Yearly Cycle Low (YCL) in early February but it is now deep in my timing band to start seeking out its next 5-6 Month Intermediate Cycle Low (ICL). While I don’t want to overplay...
Gold update: While I don’t care much for Cycle anomalies (i.e. short of long cycle), I am not going to fight them. Therefore, I am very bullish on Gold given the short ICL that has been left behind but the yellow metal has disappointed...
First, let’s start off this weekend’s update remembering that gold is the ultimate cycle driver across the broader PM complex. Friday’s late afternoon post shows you this and how volatility in the Stock Market can impact silver and the...
Here are a few charts on the USD, Gold, Silver and GDX showing the Thursday’s reversals.  One day does not make a trend. However, today Friday is a new trading day. Let’s see what it brings…?
Both Gold and GDX surged to a new high on Friday, shifting the odds towards a right translated Trading Cycle #1 (TC1).  This is not surprising as the first TC of any new Intermediate Cycle never fails by making a lower low.  If it does ...
By now you know that my swing trading approach is to focus on the 5-6 Month Intermediate Cycle Low (ICL) to establish positions.  It seems that everything that I track has the 5-6 month low to low cycle.  Sometimes the ICLs come sooner at...
While we are not out of the woods just yet, evidence it beginning to build, from a Price and Time perspective, that an Intermediate Cycle low has been left behind. Gold’s daily and weekly charts look constructive thus far as are the COT...
As you know, for Gold and the PM complex, I have been expecting a 5-6 month Intermediate Cycle Low (ICL) in the December timeframe and the Fed’s FMOC meeting seems to provide the catalyst on a number of occasions.
Today I would like to step back and take a longer-term perspective on where gold is likely headed in 2018.  My first chart is a 20+ year weekly showing that gold is at a major inflection point in my long-term uptrend channel. It shows a...
Cycle Status/Outlook: Short term bullish after another new ATH on the SPX this week on day 21. We are slightly lower on day 23 but a 21 day high shifts the odds in favor of a right translated cycle that will make a higher low.

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Palladium, platinum and silver are the most common substitutes for gold that closely retain its desired properties.