The price of olive oil has been tracked by the St. Louis Federal Reserve since January of 1990 (Note: There may be other sources of olive oil prices going back further than 1990). Regardless, by looking at the long term chart, one can see the price is cyclical. This cyclical nature makes it ripe for…
The chart included here (click to expand) is providing a stark warning to investors that although we likely have more room to run to the upside in the markets, a downturn is ahead (or sideways action at best). This chart is a harmonic cycle (pink line) pulled from the Brave Butters Kelley index (you can…
The chart included here is of the Dow Jones Industrial Average (Ticker: DJI) with the well known Kitchin cycle overlaid in red. This cycle was uncovered by Joseph Kitchin in the 1920s. You can read more about it here. In essence, it’s an economic cycle that forecasts market turns. At the moment, we are nearing…
The chart included here is of Apple Inc. (Ticker: AAPL). Click chart to expand and examine more closely. This chart is being used to illustrate a high probability scenario for the general marketplace into early October. Historically, Apple comes under pressure between August 27th and October 10th each year which can weigh on the indexes,…
The charts included with this article cover years 2021-2024. The charts are daily charts of Nvidia (Ticker: NVDA). In studying several astronomical cycles related to Nvidia, a pattern has emerged relating to the stock price and the sun moving through the earth signs of Taurus, Virgo, and Capricorn. Charting enthusiasts will note that as the…
4 sectors are currently outperforming the market and have been doing so quietly for some time without much fanfare: These 4 sectors indicate Wall Street is moving to “risk off” mode. However, the industrial sector (chart included here, Ticker: XLI), as well as the financial sector, is threatening to break out. If the industrial sector…
The 3 charts included here are ones all investors should be taking careful note of. (Click the chart above to expand). These charts represent the PERFORMANCE of the groups listed in the charts in comparison to the general stock market (The S&P 500: SPY / or the Vanguard Total Stock Market ETF: VTI) What we’re…
We took up a position in NVIDIA (Ticker: NVDA) at $109.35/share yesterday. Why? For only one reason – the downside momentum was overdone (See chart included here). There’s a problem with our cautious optimism, however. There’s likely more downside ahead – and soon. So in the immediate term, is this a “dead cat” bounce or…
Traders and investors should be watching for bullishness into the fall for several airline stocks as well as the US Global Jets ETF (Ticker: JETS). We are sharing here with our readers the weekly JETS chart with the EquiPreict forecast model (blue) overlaid on the current momentum cycle (red) of the JETS ETF. Charting enthusiasts…
The chart included here is of the Johnson & Johnson stock price (Ticker: JNJ). We have also sent out this alert in advance to our subscribers here at EquiPredict. The chart has been selected to illustrate the point that a market cycle top in the EquiPredict model is forming. This market top is being observed…
