Today 04/14/21 two of the three main US stock indices, S&P 500 (SPX) and the Dow Jones Industrial Average (DJI) made new all-time highs. This is a bullish “Rule of the majority” signal. Additionally, the VIX indicator made a new low in its decline from its high made in March 2020. These factors are atContinue reading “Stock Bulls are Running Out of Time”
Category Archives: Time
Market Resting Time
On 04/09/21 the S&P 500 (SPX) achieved a gain of 88.4% from the 03/23/20 bottom, this is one of the farthest and fastest gains in US stock market history. In 1999 the Nasdaq Composite had a faster and larger move; however, this was primarily because of concentrated buying in the technology sector. You have toContinue reading “Market Resting Time”
Major Stock Market Top Could be in Place
Today 03/31/21 was the end of the quarter. Sometimes the end of a quarter can be a point at which a trend changes. If the trend has been up during the quarter, fund managers would likely want to hold profitable positions. The best performance figures could be recorded on the final day of the quarter. Continue reading “Major Stock Market Top Could be in Place”
Potential Lunar Cycle Turn
Sometimes markets can have turns on solar anniversaries such the bull markets for the Dow Jones Industrial Average (DJI) and S&P 500 (SPX) which began on 10/10/02 and ended on 10/11/07. Other times lunar anniversaries can signal a change in market direction. The new moon on 03/13/21 could mark a significant top for the USContinue reading “Potential Lunar Cycle Turn”
Potential Fibonacci Ratio Time Forecast
There are various techniques used for Fibonacci time analysis that are grouped into two categories, Fibonacci sequence, and Fibonacci ratio. The Fibonacci sequence is as follows (1,1,2,3,5,8,13,21,34,55,89,144 – – – to infinity). An example of this method can be seen in my 08/22/20 blog “Forecast – Bull Market Termination Date -2021” The other method involvesContinue reading “Potential Fibonacci Ratio Time Forecast”
Dow Jones Industrial Average – 55 – Year Anniversary
On February 9, 1966, the Dow Jones Industrial Average (DJI) reached the climax of a mega 34- year bull market. The peak at DJI 1,000 was not decisively broken for 16- years. Toady February 9, 2021 the DJI made another new all-time high of the secular bull market that began in March 2009. Significant topsContinue reading “Dow Jones Industrial Average – 55 – Year Anniversary”
Analogy Between S&P 500 in 2010 and 2021
The actions of the S&P 500 (SPX) in early 2010 could provide a road map for January to February 2021. The current SPX bull move began in March 2020 which corresponds with the March low in 2009, the rally off that major bottom was powerful and had two peaks, January, and April 2010. The dailyContinue reading “Analogy Between S&P 500 in 2010 and 2021”
Gold Update – January 2021
Posts on this site forecasted a possible precious metals buying opportunity in late December 2020. Gold in particular had a bullseye date for a potential turn on 12/29/20. It was noted that if the precious metals were declining into this date it could have been a significant bottom. The daily Gold chart courtesy of TradingContinue reading “Gold Update – January 2021”
Turn of the Year – Turn of the Market
Today 01/04/21 in the first minute of trading on the first trading day of the new year the S&P 500 (SPX) made a new all-time high then had a sharp decline. The SPX began the day up 8 points it ended the day down 55 points. Important Fibonacci resistance based on the SPX March 2009Continue reading “Turn of the Year – Turn of the Market”
History of January Stock Market Tops
Occasionally stock market turns come at the cusp of a new year. Sometimes like in late 2018 the turn could be a bottom. Usually, the turns come at a top. The main reason is tax deferment. Fund managers and individuals with unrealized stock gains sell early in the new year deferring the taxes on theContinue reading “History of January Stock Market Tops”