Tag: 2020 Equity Outlook

05/30/20 Weekly Re-Lay: “Stock Indices have rallied since spiking lower into mid-month and setting the stage for subsequent rallies into late-month.  The S+P 500 and Nasdaq 100 remain strong and could see additional spike highs on Monday.  However, a pair of sell-offs is now likely in June – a type of ‘a-b-c’ correction that should last into (at least) June […]

05/27/20 Weekly Re-Lay Alert: “Stock Indices are fulfilling the latest phases of their ~2-month advances from the March 23 cycle low – triggered by the bullish daily trend and daily 21 MAC signals generated on May 14/15.  They have rallied to new 1 – 2 month highs, fulfilling the weekly trend patterns in the DJIA, ESM & NQM and the […]

05/23/20 Weekly Re-Lay: “Stock Indices have rallied since spiking lower into mid-month.  The S+P 500 and Nasdaq 100 remain strong and could see additional new rebound highs in the coming days.  At the same time, the Transports and others remain in an overall corrective phase ushered in by their April 29 peaks.  The May 18 action signaled new strength… Stock […]

05/20/20 Weekly Re-Lay Alert: “Stock Indices remain mixed with the Transports, NYA and Russell 2000 in corrective phases (below their April 29/30 peaks) as the S+P 500 & Nasdaq 100 remain strong and progressively setting new highs – consistent with their weekly uptrends and intermediate outlook. The latest short-term buy signals, on May 13/14, projected rallies to new highs in […]

05/09/20 Weekly Re-Lay: “Stock Indices sold off into May 4 but could not turn their daily trends down.  They tested daily support levels and held, soon triggering new 3 – 5 day buy signals… At week’s end, the DJIA, ESM & NQM turned their weekly trends up – reinforcing what has been suspected for the next correction… that those indexes […]

05/06/20 Weekly Re-Lay Alert: “Stock Indices are intensifying a type of tug-of-war near recent highs with weaker stocks dropping to progressively lower lows as stronger stocks pull back to higher lows… and then stronger stocks rallying to progressively higher highs as the weaker stocks rebound to lower highs.  That type of divergence could continue into mid-month and potentially longer. Equities […]

05/02/20 Weekly Re-Lay: “Stock Indices are a ‘tale of two realities’.  For days, it looks like the best of times with some stocks (and indexes) rallying to new rebound highs.  Soon after, it looks like the worst of times, with other stocks and indexes dropping to new intra-year and multi-year lows.  The biggest takeaway from this is that it is […]

04/25/20 Weekly Re-Lay: “Stock Indices remain in a positive multi-week trend after fulfilling the outlook for a plunge from Feb. 12/13 into Mar. 23 – 27 (fulfilling the 2-Year & 40-Year Cycle).  They have since rallied and are fulfilling intermediate upside targets but are likely to retest those levels in the coming days… The DJTA, NYA, Russell 2000 and weaker […]

04/11/20 Weekly Re-Lay: “Stock Indices remain in a positive structure on a 2 – 4 week basis after fulfilling the Perfect Storm of sell signals and corresponding 2-Year Cycle and 40-Year Cycle parallels – projecting drops from Feb. 12/13 into March 23 – 27 (in 2020, just like 1980).  This overall rebound could stretch into April 20 – 27… Stock […]

04/08/20 Weekly Re-Lay Alert: “Stock Indices continue to rally and reaffirm signs of an intermediate low after bottoming on the 2-year anniversary of the 2018 DJIA low close – March 23. March 23 – 27 was also the 40-year anniversary of the late-March 1980 low – the focus and objective for the 40-Year Cycle signal from Feb. 12/13.  The primary […]