Wednesday, January 24, 2018

S&P500 another 130% Says...

The last time the market was this overbought stocks rallied nearly another 130%, says technician

Monday, January 22, 2018

Picasso Cycle Update

In this update only the date/s 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/s that is most important rather than if that date is a projected high or low.
One important reason is because in some cases a date may invert 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. 

Picasso Dates, always +/- 
Aug 4-12 L  - low was SPY 8/11
Aug 8/18-23 H - highs were made on 8/16 & 8/22
Aug 30-Sept 7 L - a low was made on 8/29
Sept 13-22 H  - a high was made on 9/14
Sept 29-Oct 5 L - a low was made on 9/25 (left translation of this cycle date)
Oct 11-17 H - up into 10/18 and high made on 10/23
Oct 10/24-31L  - Low on 10/25
Nov 11/6-9H  - High on 11/7
Nov 24-27L - Low was early on 11/15 and out of sync with the cycles 
Dec 3-9H - High was later on 12/12
Dec 25L - Low on 12/26 then later again on 12/29
Jan 2-7H <--- adjusted the date
Jan 22L - High on 1/9 & low on 1/10...then higher on continued momentum and strength 
Feb 3-11H
  

Comments:

Long term indicators appear positive, so far and the ADL is still making new ATHs.   The LT cycles suggested a low in August +/-, which we had, & a high in late November/early December +/-.   Well, we are now past this time frame and this is where we need to be careful and keep an eye on our indicators for any changes in the trend in 2018.
-Looking out into 2018 the Picasso LT cycles suggest a mid year low.
-This also coincides with the four year Presidential cycle (2017-2020) where there is usually a low in the second year, (2nd yr is 2018), and a high in the third year, (3rd yr is 2019).  It is widely known that the mid-term years are the best years for the stock market.  
***Keep in mind that nothing works 100% of the time!
The "key" is to be able to recognize when the second year low is in and when the third year high is in. 


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.

Thursday, January 11, 2018

Jeffrey A. Hirsch webinar

Free Webinar: Why the Dow Could Reach 29000 in 2018

Please register for my free Why the Dow Could Reach 29000 in 2018 on Wednesday January 17, 2018 @ 1:00 PM EST at: 
 
 
Jeffrey A. Hirsch, Chief Market Strategist at Probabilities Fund Management, LLC and editor of the Stock Trader’s Almanac and Almanac Investor e-newsletter will reveal his forecast for 2018. He will discuss potential impacts of this year’s upcoming midterm election and his January Indicator Trifecta; and how his 2010 forecast for DJIA 38,820 by 2025 is right on track. 
 
So far two legs of the Trifecta are positive for 2018. The Santa Claus Rally and the First Five Days posted gains. If his full-month January Barometer is up it would lend further support to the bullish case. 
 
In addition, Jeff will teach you many other seasonal indicators, patterns and strategies, including the 4-year election cycle, the ins and outs of his Best Six Months Switching Strategy and his Tactical Seasonal Sector Rotation Strategy. Jeff will explain in clear language all there is to know about market seasonality and how he rotates in and out of sectors with the highest probability for maximum returns using fundamental and technical analysis in conjunction with seasonal and cyclical trading strategies, economic trends, and historical patterns as well as current seasonal and cyclical investing opportunities in highly correlated ETFs and his current top-ranked small-, mid- and large-cap stocks.
 
If you are unable to attend, but would like to view the video archive, please still register. Approximately 24 hours after the webinar we will email all that registered a link to the video.
 

Yours truly,
Jeffrey A. Hirsch
CEO: Hirsch Holdings | Editor: Stock Trader’s Almanac & Almanac Investor

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Hirsch Holdings Inc., 84 Clinton Ave Nyack, NY 10960
Pursuant to the provisions of Rule 206 (4) of the Investment Advisers Act of 1940, readers should recognize that not all recommendations made in the future will be profitable or will equal the performance of any recommendations referred to in this Email issue. The information presented in this Almanac Investor has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. The security portfolio of the editor, its employees, or affiliated companies may, in some instances, include securities mentioned in this Alert. Additional disclosures can be found at www.stocktradersalmanac.com.
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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.

Wednesday, January 3, 2018

Picasso Cycle Update

In this update only the date/s 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/s that is most important rather than if that date is a projected high or low.
One important reason is because in some cases a date may invert 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. 

Picasso Dates, always +/- 
Aug 4-12 L  - low was SPY 8/11
Aug 8/18-23 H - highs were made on 8/16 & 8/22
Aug 30-Sept 7 L - a low was made on 8/29
Sept 13-22 H  - a high was made on 9/14
Sept 29-Oct 5 L - a low was made on 9/25 (left translation of this cycle date)
Oct 11-17 H - up into 10/18 and high made on 10/23
Oct 10/24-31L  - Low on 10/25
Nov 11/6-9H  - High on 11/7
Nov 24-27L - Low was early on 11/15 and out of sync with the cycles 
Dec 3-9H - High was later on 12/12
Dec 25L - Low on 12/26 then later again on 12/29
Jan 2-7H <--- adjusted the date
Jan 22L
  

Comments:

Long term indicators appear positive, so far and the ADL is still making new ATHs.   The LT cycles suggested a low in August +/-, which we had, & a high in late November/early December +/-.   Well, we are now past this time frame and this is where we need to be careful and keep an eye on our indicators for any changes in the trend in 2018.
-Looking out into 2018 the Picasso LT cycles suggest a mid year low. 
-This also coincides with the four year Presidential cycle (2017-2020) where there is usually a low in the second year, (2nd yr is 2018), and a high in the third year, (3rd yr is 2019).  It is widely known that the mid-term years are the best years for the stock market.  
***Keep in mind that nothing works 100% of the time!
The "key" is to be able to recognize when the second year low is in and when the third year high is in. 


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.