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”

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”

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?”

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?”