Market Timing 07 (Nov 22 - Dec 24)

[winston]

The Next Market Rally Could Go Higher and Longer Than Anyone is Expecting

by Sean Michael Cummings

It’s pretty rare for the market to rise for eight days in a row. We’ve only seen those win streaks 13 times over the past 33 years.

But a string of eight consecutive up days tends to signal more gains ahead.

We have a serious sentiment washout. And we have a good risk-to-reward setup after the recent win streak.

The next market rally could go higher and longer than anyone is expecting… so make sure your portfolio is positioned to benefit.

Source: Daily Wealth

https://dailytradealert.com/2023/11/14/ ... expecting/

[behappyalways]

When large funds close, the cycle is just about to favor them.
https://twitter.com/leadlagreport/statu ... 0525175076

[winston]

S&P 500 Rally May Be at Risk After a 9.6% Gain in Three Weeks

by Joanna Ossinger

Concerns about the gauge include the fact that stocks often rally on signs of softness in the US economy because that means the Federal Reserve is less likely to continue raising rates.

But in the end, weaker data also is just that — weaker.

In addition, some technical indicators are starting to look stretched.

Eventually, the stock market is going to realize that a decline in inflation does not mean that the era of ‘free money’ has returned.

Source: Bloomberg

https://finance.yahoo.com/news/p-500-ra ... 38846.html

[winston]

The S&P 500 is Staging a Furious Rally (market could soar more than anyone expects)

by Sean Michael Cummings

Burry closed his large short position.

Since 1927, we’ve only had five RSI whipsaws like the one we saw this month. And 80% of these cases led to outperformance.

Only two weeks ago, stocks were just about as hated as they could get.

That’s starting to change already. And it tells us the market could be poised to soar more than anyone expects.

Source: Daily Wealth

https://dailytradealert.com/2023/11/21/ ... e-expects/

[winston]

Why We Won’t See a Stock Market Crash Anytime Soon

by Marc Lichtenfeld

There are a lot of moving parts that affect the economy and markets, but as long as unemployment stays very low, I have a hard time envisioning “everything” crashing.

Lots of people say they’re going to buy when prices go lower, but in reality, most investors are too scared to do so because they’re afraid of further losses.

It’s not until stocks have recovered in a big way that they finally feel comfortable investing their cash.

Another way to avoid fearing a crash is to take any money out of the market that you’ll need within around three years.

This way, your long-term money will still be invested and growing while the funds you’ll need in the short term to pay bills will be protected.

Source: Wealthy Retirement

https://dailytradealert.com/2023/11/29/ ... time-soon/

[winston]

JPMorgan says S&P 500 will fall next year amid 'challenging macro backdrop'

by Josh Schafer

Equities are now richly valued with volatility near the historical low, while geopolitical and political risks remain elevated

Source: Yahoo Finance

https://finance.yahoo.com/news/jpmorgan ... 0Wednesday.

[winston]

SPY: Is a Correction on the Horizon?

If the Fed successfully facilitates a "soft landing" for the economy, implementing rate cuts while avoiding a recession, this could potentially set off a stock market rally.

Conversely, investors might encounter unexpected skepticism if economic growth continues at its current pace and inflation returns in the following months.

With the current bullish trend and the anticipated positive impact of the holiday season, stocks could maintain their rally, even reaching previous high levels.

Source: The INO.com Team

https://www.ino.com/blog/2023/11/spy-is ... =blogclick

[winston]

History is Signaling a Double-Digit Rally for U.S. Stocks

by Chris Igou

The fear we saw in October is starting to fade. And the market’s “fear gauge” shows a new run higher is likely starting.

Specifically, it suggests a double-digit rally is underway.

Source: Daily Wealth

https://tradesoftheday.com/2023/12/01/h ... -s-stocks/

[winston]

2024

We believe that [in 2024] the U.S. economy will achieve a soft landing, and that will lead stocks to soar.

That doesn’t mean everything will be “smooth sailing” next year.

After all, 2024 will be Year 2 of this new bull market, and typically, the second year of bull markets are choppy. But they always bring net positive returns.

That means we need to continue to embrace our buy-all-dips strategy and not let short-term volatility deter us.

We are approaching Year 2 of the AI Boom. And as with the dot-com boom of the 1990s, the AI Boom will last for several years and will produce huge returns for tech investors.

Source: investor Place

[winston]

Prepare for the S&P 500 to plunge 23% by mid-2024 - and the US economy to sink into recession, JPMorgan's top charts guru says

by Theron Mohamed

The S&P 500 is likely to tumble 23% to 3,500 points by mid-2024, JPMorgan's charts guru says.

Jason Hunter, the bank's head of technical strategy, views a US recession as very likely.

Hunter sees cash and Treasury bonds are safer bets than stocks today.

Source: Business Insider

https://finance.yahoo.com/news/prepare- ... 29749.html