Author Archives: Mark Rivest

Bullish Booster Shot for US Stocks

On 12/04/20 all three main US stock indices made new all-time highs which is a bullish momentum signal.  Additionally, underneath the surface the number of new 52 – week highs for both the New York Stock Exchange (NYSE) and the Nasdaq Composite registered bullish signals. The 09/05/20 post “NYSE-New – 52 – Week Highs” illustratedContinue reading “Bullish Booster Shot for US Stocks”

Possible Gold and Silver Bottoming Levels

Prior posts on this website have shown the Exchange Traded Fund (ETF) GLD to illustrate Gold and the ETF – SLV  to illustrate Silver.  If I make a recommendation to buy Gold and Silver the physical metals will also be recommended.  Therefore, occasionally I’ll  post charts of Gold in US dollars – Trading View symbolContinue reading “Possible Gold and Silver Bottoming Levels”

Gold’s Lunar and Fibonacci Time Cycles

The broad seasonal patterns for Gold and Silver were illustrated in the 11/26/20 post “Important Silver and Gold Bottom in December 2020?” Today’s post focuses on more precise timing indicators – Lunar and Fibonacci time cycle.  Some people laugh when you tell them you and can discover market turns by examining lunar phases. The studyContinue reading “Gold’s Lunar and Fibonacci Time Cycles”

Important Silver and Gold Bottom in December 2020?

The next seasonal bottom for both Silver and Gold comes in mid-December afterwards seasonal patterns are bullish until at least February. The updated Silver seasonal chart shows the bullseye for a potential Silver bottom is mid-December. Seasonal patterns can be broad, a possible bottom could come from mid- December to early January. The iShares SilverContinue reading “Important Silver and Gold Bottom in December 2020?”

Could Zoom Still Make a New All-Time High?

Recent posts about Zoom Video Communications Inc. (ZM) noted that because of ZM’s recent decline while the S&P 500 (SPX) rallied, increased the risk of buying ZM.  An abundance of evidence is needed to take a trading position and this stock still lacks enough evidence to make a long recommendation. ZM does continue to beContinue reading “Could Zoom Still Make a New All-Time High?”

NYSE – New – 52 – Week Highs – Update

The 09/08/20 post “NYSE – New – 52 – Week Highs” illustrated the history of NYSE 52 – week highs of the secular bull market in US stocks since March 2009.  Separating the bull market into five phases showed that the maximum number of NYSE – new 52 – week highs occurred in phase 2. Continue reading “NYSE – New – 52 – Week Highs – Update”

Qualcomm in 2000 and Zoom in 2020

This is an educational post to explain stock market momentum. The 11/17/20 blog “Zoom Update – Part Two” noted that Zoom Video Communications Inc. (ZM) could be a signal for a looming bear market similar to Qualcomm Inc. (QCOM) in 2000. The daily QCOM and S&P 500 (SPX) chart courtesy of Trading View illustrates whatContinue reading “Qualcomm in 2000 and Zoom in 2020”

Zoom Update – Part Two

The 11/08/20 post  “Zoom Update” noted that Zoom Video Communications Inc. (ZM) had broken below an important support level.  The post also noted a recommendation to go long would require abundant evidence.  ZM lacked enough evidence and no recommendation to buy ZM was issued. Since 11/08/20 ZM has continued to decline, while the S&P 500Continue reading “Zoom Update – Part Two”

Tis the Season to be Bullish

Of the four market dimensions of price, time, sentiment, and momentum the most dominate currently for US stocks is the time dimension.  During the seasonally bearish months of September and October US stocks had declines.  Then upon entering the most bullish month of November, stocks rallied strongly.  The 11/10/20 post “S&P 500 Could be inContinue reading “Tis the Season to be Bullish”