In this update only the dates will be mentioned with an "H" for high and a "L" for low.
The chart amplitude can and will be misleading at times.
In addition, it is the date that is most important rather than if that
date is a projected high or low with amplitude as sometimes shown on the
One important reason is because in some cases a date may invert and the amplitude and the "H" or "L" may not mean anything.
A low may actually turn out to be a high and visa versa.
Also it is very important that other tools always be used to confirm any potential ST Cycle Date.
The Picasso short term cycle dates have not been posted here for almost two months. This is because the cycles have not been suggesting any short term swings. Instead they have displayed much volatility and noise. Hopefully this has all past.
Picasso Dates, always +/-
Dec 5 H
Dec 9-14 L (Dec 14*)
Dec 17-30 H (Dec 30*)
Jan 5-6 L
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has been posted for Educational Purposes Only. Do your own work and
consult with Professionals before making any investment decisions. Past performance is not indicative of future results
That's because that has been the pattern when a new president from a different party takes office, said Tom McClellan, editor of the McClellan Market Report.
After the election, hopefulness and euphoria usually sends stocks higher because "everybody assumes that whatever's wrong is going to get changed or fixed by the new guy even though nobody's doing anything yet in terms of governing," he said in an interview with "Closing Bell" on Tuesday.
However, the morning after the inauguration, people realize the problems still exist and it will take longer to fix them, he noted.
"That tends to bum everyone out and so they sell their stocks."
And that's not the only thing that can discourage investors, according to McClellan.
Typically, a new president from a different party finds that things are worse than he said during the campaign, and the only solution is whatever package of tax cuts or tax hikes or spending he wants to get through Congress, McClellan explained.
"Investors don't like to hearing that things are worse than we expected and that tends to depress prices during the first year of a new term."
Trump will be sworn in as the 45th president of the United States on Jan. 20.
Keep following JustSignals using Twitter, @StockTwits or Follow By Email. Just submit your email address in the box on the Blog homepage
This has been posted for Educational Purposes Only. Do your own work and consult with Professionals before making any investment decisions. Past performance is not indicative of future results