On the top is a chart of GLD with a weekly oscillator in the chart below.
GLD is as over bought now on a weekly basis as it was twice before on this chart.
Past performance is not indicative of future results.
Monday, January 27, 2014
GLD Weekly Oscillator
On the top is a chart of GLD with a weekly oscillator in the chart below.
GLD is as over bought now on a weekly basis as it was twice before on this chart.
Past performance is not indicative of future results.
Tuesday, January 7, 2014
Mid Term Years are BEST
Mid term years has had one of the best stock market advances.
During the current election year cycle the mid term years are 2014-2015.
So how do we use this information?
Years ago I read a STREET SMART REPORT by Sy Harding that first introduced me to this concept. I then read his book BEAT THE MARKET THE EASY WAY, and it is worth reading, and I learned much more about this.
Sy Harding explains how to catch this move as does Yale and Jeff Hirsch of the Stock Trader's Almanac.
You should all do your own research by looking at the patterns of all mid term years going back as far as you can.
I have another twist on this. The Year 5 phenomenon. The 5th year of a decade has a remarkable bullish record. Go back 100 years and see for yourself. Then see which years are also mid term years. Look at those mid term years in particular. Note the patterns. There is a good probability that those patterns may repeat themselves again in 2014-2015. Note the quote by Mark Twain, "History doesn't repeat itself, but it does rhyme".
Byron Wien Unveils His 10 Surprise Predictions For 2014
http://www.businessinsider.com/byron-wiens-10-surprises-for-2014-2014-1
The #1 prediction is:
"We experience a Dickensian market with the best of times and the worst of times. The worst comes first as geopolitical problems coupled with euphoric extremes lead to a sharp correction of more than 10%. The best then follows with a move to new highs as the Standard & Poor's 500 approaches a 20% total return by year end."
Knowing that Byron Wien is a seasoned Investment Strategist, I believe that he is very well aware of the mid term year pattern and the Year 5 phenomenon. Whether his specific prediction is accurate or not, only time will tell. But it is worth your time to seriously do your own research and learn about this!
Past performance is not indicative of future results.
During the current election year cycle the mid term years are 2014-2015.
So how do we use this information?
Years ago I read a STREET SMART REPORT by Sy Harding that first introduced me to this concept. I then read his book BEAT THE MARKET THE EASY WAY, and it is worth reading, and I learned much more about this.
Sy Harding explains how to catch this move as does Yale and Jeff Hirsch of the Stock Trader's Almanac.
You should all do your own research by looking at the patterns of all mid term years going back as far as you can.
I have another twist on this. The Year 5 phenomenon. The 5th year of a decade has a remarkable bullish record. Go back 100 years and see for yourself. Then see which years are also mid term years. Look at those mid term years in particular. Note the patterns. There is a good probability that those patterns may repeat themselves again in 2014-2015. Note the quote by Mark Twain, "History doesn't repeat itself, but it does rhyme".
Byron Wien Unveils His 10 Surprise Predictions For 2014
http://www.businessinsider.com/byron-wiens-10-surprises-for-2014-2014-1
The #1 prediction is:
"We experience a Dickensian market with the best of times and the worst of times. The worst comes first as geopolitical problems coupled with euphoric extremes lead to a sharp correction of more than 10%. The best then follows with a move to new highs as the Standard & Poor's 500 approaches a 20% total return by year end."
Knowing that Byron Wien is a seasoned Investment Strategist, I believe that he is very well aware of the mid term year pattern and the Year 5 phenomenon. Whether his specific prediction is accurate or not, only time will tell. But it is worth your time to seriously do your own research and learn about this!
Past performance is not indicative of future results.
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