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”
Category Archives: Time
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?”
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”
The Best Buying Opportunity Since March?
Presidential elections cause anxiety among traders and investors and there’s reason to be concern because whoever is the US president can have effect on the long-term economy and the stock market. Near term- over the next two to three months its doubtful whoever is elected US President in 2020 will be able to change theContinue reading “The Best Buying Opportunity Since March?”
The Bullish Season
November is statistically the most bullish month for US stocks. This bullish season can last at least until the end of the year and sometimes continue into late April. My 10/28/20 post “Door Open for Lower Stocks” discussed the reasons why the S&P 500 (SPX) could continue to decline. On 10/30/20 the SPX did makeContinue reading “The Bullish Season”
Could Silver be in an Emerging Bull Market?
From March to August 2020 the precious metals group of Gold, Silver and Platinum had powerful moves up. Gold made a new all-time high when it broke above its 2011 peak. Silver in five months retraced seven years of bear market progress. These could be the first signs of a new multi-year bull market forContinue reading “Could Silver be in an Emerging Bull Market?”
Stock Market Seasonal Patterns – Part Two
My previous post “Stock Market Seasonal Patterns” noted that US stocks have a seasonal bearish period from late August until at least early October. On September 21st, the S&P 500 (SPX) broke below Fibonacci support – a .236 retrace of the March to September rally. This break opens the door to the next support levelContinue reading “Stock Market Seasonal Patterns – Part Two”