Boom

Back on Monday stocks were coming off a week where it dropped over 7% and was down over 12% for the month.

I offered that despite those 2 data points that stocks were not beginning a prolonged bear market.

Well Stocks rallied on Wednesday.

The Dow was up over 1,000 points – which was 4.99% on the day.
The S&P almost 5.00 %
The Nasdaq gained over 5.84%
And the Russell – 4.96%

The Nasdaq & the Russell have completed swing lows. The Dow and the S&P still need to do so and will likely do so on Thursday. So it looks like stocks are on their way to forming their daily cycle low. But I believe that stocks are not only forming their daily cycle low, but also their intermediate, yearly and 4 year cycle low, which I detail in my Special Report, The Multi-Year Cycle Low.

In my special year-end report we will look at:
* The current multi-year equity cycle.
* The cycle translation and what the means going forward.
* Signals that the bottom is near.

I would like to make the Special Year-End Report available here. The Multi-Year Cycle Low Special Report and a complementary 6 week trial subscription to the Likesmoney Premium Site is available for $15.

The complementary subscription will give you full access to the premium site. It includes:

1) The Weekend Report, which is posted usually Sunday mornings. It discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles – Which includes the Likesmoney Cycle Tracker.

2) The Mid-Week Update. Posted on Wednesday’s is a review of the daily and weekly charts for the above mentioned asset classes.

3)The Weekend Updates take a look of the daily & weekly charts of the Dax, GYX, NATGAS & XLE.

4) Weekly Update of the Bullish Percentile Bingo

5) Frequent (just about daily) updates of my proprietary FAS Buy/Sell Indicator

The goal of the Weekend Report is to develop an on-going framework of expectations using cycle analysis.

For the Likesmoney Multi-Year Cycle Low Special Report and 6 week trial subscription offer click here.

Current subscribers can access the report here.

One response to “Boom”

  1. Koen Huysman Avatar
    Koen Huysman

    Hoping that you will be right once with the long bull in miners.,.

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