Paul Macrae Montgomery

Paul Macrae Montgomery (RIP) was innovative and was able to think out of the box when it came to human behavior and financial behavior in the markets.

There are many links online where you can read more about Paul.
Each one is very interesting and informative.

Here is a link to one article written in Barron's
https://bit.ly/2R9iDVQ

One item of interest that Paul followed was the Lunar and Solar Eclipse.
This is timely to mention now because they are coming up now in January 2019.

The Solar Eclipse will occur on Sunday January 6th.
The Lunar Eclipse will occur on Monday January 21st.

The Solar Eclipse seems to be a bullish event.
With the DJIA advancing 746.94 points today, it wasn't a total surprise including the recent rally off the December 2018 low.

The Lunar Eclipse seems to be a bearish event.
But that will remain to be seen.

In the prior post it was noted that the Picasso Cycle bottomed in late December and the next change in trend is suggested to be in March 2019 +/-.  As in the past these dates can sometimes change as we get closer to them.

So far, the market bottomed in the intra-day low on Dec 26,2018.  So we will see if that low will be challenged in this upcoming event of the Lunar Eclipse.

***NOTE: On occasion these two dates might invert.  Be aware of this.  


 ***Keep in mind that nothing works 100% of the time!

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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.