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December 5, 2022

Contrary Thinker Stock Watch

Contrary Thinker Stock Watch

Arlo Technologies is an American company that makes wireless surveillance cameras. Prior to an initial public offering (IPO) on the New York Stock Exchange in August 2018, Arlo was a brand of such products by Netgear, which retained majority control after the IPO.

CHPT ChargePoint Holdings Inc ChargePoint is an American electric vehicle infrastructure company based in Campbell, California. ChargePoint operates the largest online network of independently owned EV charging stations operating in 14 countries and makes the technology used in it.

COMB seeks to deliver a broad, diversified basket of commodities in an actively managed structure. … Utilizing a common structure in the commodity space, the fund’s futures exposure is held in a Cayman Islands subsidiary while the collateral is actively managed with investments in short-term US fixed income securities.

CTI BioPharma focuses on the acquisition, development and commercialization of therapies for blood-related cancers that offer unique benefits to patients.CTI develops novel therapies for patients with rare blood-related cancers by uncovering the underlying scientific drivers of their disease.

EVGO EVgo is an electric vehicle DC fast charging station network in the United States, with more than 850 charging locations as of August 2022

GRU provides exposure to the following grains: corn, wheat, soybeans, and soybean meal. The composition is determined annually and is announced in the fourth quarter of the current year. The Index Administrator selects commodities primarily on the liquidity and the value of the global production. Each component is rolled into the next available contract month in advance of the month in which expiration of the contract occurs. Although GRU is marketed under Elements brand, the ETN comes with credit risk tied to the Swedish Export Credit Corp.

Nokia Corporation is a Finnish multinational telecommunications, information technology, and consumer electronics corporation, established in 1865. Nokia’s main headquarters are in Espoo, Finland, in the greater Helsinki metropolitan area, but the company’s actual roots are in the Tampere region of Pirkanmaa.

LM Ericsson, commonly known as Ericsson, is a Swedish multinational networking and telecommunications company headquartered in Stockholm

Rocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft engineering and design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets. It also designs, manufactures, and sells Electron small orbital launch vehicles and the Photon satellite platforms, as well as developing the Neutron 8-ton payload class launch vehicle; conducts remote launch activities; and designs and manufactures a range of components and subsystems for the Photon family of spacecraft and broader merchant spacecraft components. The company serves commercial, aerospace prime contractors, and government customers. The company was founded in 2006 and is headquartered in Long Beach, California.

Talon Metals Corp. is a British Virgin Islands-based mineral exploration company Nickel Copper Cobalt Talon Metals Corp. is a TSX-listed base metals company in a joint venture with Rio Tinto on the high-grade tamarack nickel, copper, and cobalt projects located in the State of Minnesota, the United States. The Company focuses on exploration and mine management team. Talon Metals produces nickel within the United States for use in batteries in electric vehicles.

ZS is a management consulting and technology firm focused on transforming global healthcare and beyond. We leverage our leading-edge analytics, plus the power of data, science and products to help our clients make more intelligent decisions, deliver innovative solutions and improve outcomes for all.

July 16, 2021

Why Join Contrary Thinker? Because Chance favors the Collective Mind.

On three different media!

It is just not about the services. The two market analysis newsletters meld into a system and actionable ideas. It’s just not about getting ETF and Option trade ideas on your phone. Plus, it is singularly just not about systems and indicators available on TradeStation’s TradingApp Store. It is about Collaboration in our private group in the space LinkedIn provides me.

Back in 2003, I read a magazine article, “Why Collaborate?” It pointed to the trend of sharing as nothing more than a meaningless fade and something only used for sales/marketing, aka social media marketing (SMM).

Today, collaboration remains widely doubted when it comes to trading, investing, and risk management. The aftereffects of WFC linger. Plus, the “Great Bull Market” has created a cottage industry of “do it yourself” types with little or professional know-how, all caught up in the work-a-holic “hustle culture of social media. Where the trend bails them out of mistakes, at least it did until twice in 2018 and 2020 in a big way. The decade of market timing has started, only a few have noticed.

The point is being open to “teamwork” because it is essential. The internet has broken down the bastions of Wall Street to allow groups outside the boardrooms to develop ideas and methods that can compete with the big boys.

All of that is simply anecdotal evidence to support the notion that collaboration is worth investing your time in. The fact that so many new software apps and add-ons are coming to market that support collaboration spaces and direct messaging – confirms this notion. But to assume that it is all available for free via the public stream of Twitter or Facebook is naïve, which will become clearer as the market becomes more dominated by experienced market timers.

While it is a historical FACT that collaborating in teams, groups, guilds, associations, or corporations historically and today spearheads our capitalistic system, cynicism remains.

Nothing has been invented without group collaboration independent of the abstract model of capitalism of Ann Rand’s Fountain Head.

So, the question is: HOW do you want to leverage your time? And WHO do you want to collaborate with?

If you are a professional advisor (RIA) or a private capital manager, a family capital manager, or a trader, Contrary Thinker provides you with a professional private group to participate in.

Thus, providing you with just not static and isolated ideas in newsletter format or on a blog that the analyst group thinks is good for you and your people. Rather, you have access to good analysis for your people, fits your objectives, fills gaps, and assists you in leveraging your time by allowing you to do what you do best. How? By collaborating through feedback, questions, and request.

Thank you for visiting with us in the private space LinkedIn provides my team and me to communicate and support new friends and existing members.

Please accept this letter as a friendly reminder not to let your visitors pass run out and become a full member to Contrary Thinker today.


Take the 45-day subscription trial, which includes the eBook of MarketMap’s 2021/22 cycles, the Special Report “Traits of a Market Panic to make a Fortune PLUS eligible for a long-term discount when you subscribe. 
Includes all of the ETF trade recommendations! and CT will be adding Options and Futures shortly.

If you are a systems trader with TradeStation™ renting any of my products from the  TradingApp™ Store is the same as becoming a Contrary Thinker membership. Check them out here.  All the same bennies plus the system from the App Store. 

On the go, most of the time?  Would you like an inexpensive way to get the trade ideas published here on the blog but on your phone? Get the Trade Exchange app for free, use this URL to sign up for free to have access to Contrary Thinker’s trading ideas, and if you take a trade idea(s), you only pay for the ones that are winners. You’ve got it, only if it is a winner; and Jack is a low-risk trader who swings for the fences 10 to 1 give to take.


Membership benefits and services
MarketMap-2021 Annual Scenario Planner provides historical parallelism based on 160 years of data, repetitive extra market events and their effect on markets, tidal cycles peaks and lows, market cycles for predicting time frames for lows astrological cycles to isolate cresting cycles. 
Volatility Reports fine-tunes MarektMap’s longer-term scenario planner for the implementation of hedges and long positions. The research publication uses advanced price-based systems buy and short bias signals, traditional Technical Analysis, and new volatility modeling for market dynamics timing, including sectors and newer ETFs.
Both publications share curated news media to add backstories that fit with the ongoing market-based research. 

Great and Many Thanks,

Jack F. Cahn, CMT

Contrary Thinker since 1989,
Copyright 1989-2020

Contrary Thinker 1775 E Palm Canyon Drive, Suite 110- box 176 Palm Springs, CA
92264 USA. 760-459-4681 OR

25/1 Poinsettia Court Mooloolaba, QLD Australia 4557 614-2811-9889

— Contrary Thinker does not assume the risk of its clients’ trading futures and offers no warranties expressed or implied. The opinions expressed here are my own and grounded in sources I believe to be reliable but not guaranteed.

— Pricing is subject to change without notice. My indicators and strategies can be withdrawn for private use without notice at any time.

–Trading futures and options involve the risk of loss. Please consider carefully whether futures or options are appropriate for your financial situation. Use only risk capital when trading futures or options

May 8, 2021

Chart Gallery 5.10.21

Charts Support the Following Summary Outlook

From early May into the end of July, volatility should spike across all markets.  The composite index Contrary Thinker developed represents just not the S&P but the world index, the bonds, the metals, China, etc.

By industry standard definition, volatility is bearish or perceived risk and fear by the general marketplace.

Contrary Thinker is S-T, I-T, and L-T on the following:

Bullish on Interest Rates (lower bond prices). 

Bullish on the USD, it’s more than a technical point of view backing up the dollar to move. It is based on the nation’s sense of self-preservation. If any Sovereign Nation losses control of its debt it will lose its freedom.  In the face of all of the people that can only think of buying without any regard for buying power are not thinking like big money and old money here in the USA. Nor are they understanding the “full faith and taxing power of the Treasury.

Bullish on the Aussie Dollar, S-T pullback underway.

Bullish on Commodities, on a new term basis, there may be a pullback buying opportunity.

Bearish on the Euro and Pound Sterling

Bearish n the US stock markets, the Nasdaq and the Russell have already made their ATHs, along with the FANG sector and the Tech sector.

Bearish on the World Stock Index, net the USA, the Pac Rim, and Asian Emerging Marfekts have already made their ATH. The EU market is mixed with a number still a good distance off their historical highs, with little chance of making new ATHs this cycle like the FTSE, while the Dax has posted up its ATH recently.

Bearish on Gold and Silver. Late last week the bullish sentiment jumped all over the higher prices with the trope, the same old story that is repeated during bull markets and bears. The inferred breakout looks like the move that occurred in January of this year.  A head fake, the market will tip its hand early this week.

Crude Oil and Carbon Energy, S-T bearish and leaving the longer-term for fresh look after the expected “hyper-correlated” downturn.

Bitcoin and Cryptocurrencies, bearish. The first nine charts in the Galley feature how all of the markets made long-term peaks on irrational – panic – buying. The bonds are the leading example of what to expect after a FOMO peak. Regarding Bitcoin and others, they have no economic function, they serve no purpose in fiance or they do not feed people or build infrastructure. Plus, they are too volatile to be a currency for any country, and the supply is unlimited with new brands hitting the street weekly.  As Buffet warned they are “risky and worthless. I can say almost with certainty that they will come to a bad ending.”

The second patch of charts features cycles both mundane (math-based) and others that are Galatic. They all suggest a trend starting this week and going into late July. Rates and the dollar up everything else down.

Click to Enlarge COT Table below for change dates and acceleration periods

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November 3, 2020

Market Internals Election Day 2020

“buy the rumor sell the news”,  “buy the recession sell the recovery”

Did you ever wonder why traders say that? Are they merely words, hip, trending with no substance?  Maybe one reason is smart money needs a liquid market to buy and sell into, respectively. Because dumb money thinks the market is the economy.

The public becomes brainwashed by the media both network and social promotion with the intuitive line of good news for the economy is good news for the market moreover the market factors in the news, the market is a discounting system. Otherwise, how can the market be explained?  Well, the market is not a discounting system.

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October 19, 2020

Fourth Quarter Chart Gallery Primary Markets

October 19, 2020 Recap

The bull markets are done, dusted, and bronzed.

Bonds: As I go to press, the bonds are testing the 174 12/ to 171 28/ I-T support zone, sitting at 174 1/.  The context, the tension in the background from an I-T point of view supports that if a break occurs here of support, the next target is L-T 144-152.  The tidal cycles and trends following the system are short and continue to support the downturn, as seen on the next chart in the gallery.  The cycle is down, the MA crossover is down, the smooth CMB index is down, and the smoothed RSI is down.

From an Elliott Wave point of view, the secondary peak in August was the end of the I-T counter trend wave (2), which leaves the long government bonds on the brink of the best part of a trend, wave three.

Euro Dollar outlook, from a secular point of view, the very long term bull market that ensued after its creations are in a long term correction of the mistakes it was founded upon. From the Brexit to Greece and others, the theme during debt contractions is “separations,” and that does not bode well for a union of states that does not have a common language.

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September 10, 2020

Recap of major markets

Today 9/3/2020 the markets are flashing “DANGER” and no one is paying attention, NO ONE. Today 9/10/20 the majority continue to find a rationalization for more bull market.
Recap of major markets, click to enlarge charts
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September 28, 2019

Chart Gallery Big Turn September 28, 2019

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July 22, 2019

Risk Opportunity Assessment and the Timing of Change

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