Lee AdlerCycle screening measures screamed higher in a pattern similar to October-November 2020. That led to a breakout and long upleg. It doesn’t guarantee the same outcome here, but we need to be cognizant, and prepared for the possibility.
The moment of truth has arrived. Are you ready. Here’s what to expect and how to prepare.
It’s not great, but there are benchmarks that would signal that this pattern may be turning bullish. Subscribers, click here to download the report. Short…
This report will be posted on Wednesday morning instead of Tuesday this week. I will be on the road all day. I usually travel by…
As of Friday, the average gain of open picks and those closed last week was +8.1% with an average holding period of 18 days. This was a strong performance compared to recent weeks, especially so given the rotten market action. The list was on the right side of that.
Short term cycles look to be headed for a breather. But don’t expect much downside. The 13 week cycle has an updated projection.
The withholding data is the real deal. It continues to show the US economy growing rapidly. Inflation will continue to run very hot, and the Fed will remain under pressure to reduce QE. That showed up this week in Powell’s statement that the Fed will stop saying the bad word, “transitory” because people misunderstand what the Fed means by it. We know otherwise.
Subscribers, click here to download the report. Last week was bad, no doubt about it. But it wasn’t a catastrophe yet. This report tells you…
This Friday’s screens had 26 buys and 136 sells. 9 of the buys were inverse ETFs, meaning that only 17 of the signals were bullish and 145 were bearish. This is a big number that indicates downside thrust, but it can also mean that it’s time for a minor bounce first.
This report examines and illustrates the most important line items on the Fed’s weekly balance sheet. It tells you what to look for to recognize when the markets will crash. Because that’s coming.
Short term cycles look to be headed for a breather. But don’t expect much downside. The 13 week cycle has an updated projection.
The 13 week cycle up phase aborted early and the pullback has negated the base breakout. When that happens there’s usually a recovery before a second high that confirms the top. I want to remain optimistic that this will only result in a mild correction/consolidation. As long as the 10-12 month cycle indicators continue to signal an up phase, that’s where I’ll give the benefit of the doubt.