Author Archive: PMI

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Short-term Forecast for November 13, 2019

| November 13, 2019

Stock Market Commentary The duration of the advance from October indicates that the beta phase rally of the current short-term cycle is likely in progress. We are 16 sessions into the beta phase rally of the short-term cycle that began in early October. The beta high (BH) of the current cycle is overdue and it […]

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Short-term Forecast for November 12, 2019

| November 12, 2019

Stock Market Commentary We are 29 sessions into the alpha phase rally of the short-term cycle that began in early October. The alpha high (AH) of the current cycle is overdue and it could form at any time. The magnitude and duration of the current alpha phase rally signal the likely transition to a bullish […]

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Short-term Forecast for November 11, 2019

| November 11, 2019

Stock Market Commentary We are 28 sessions into the alpha phase rally of the short-term cycle that began in early October. The alpha high (AH) of the current cycle is overdue and it could form at any time. The magnitude and duration of the current alpha phase rally signal the likely transition to a bullish […]

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Intermediate-term Forecast for November 9, 2019

| November 8, 2019

Stock Market Commentary We are 5 weeks into the second rally phase of the intermediate-term cycle that began in August. A move up to new highs would reconfirm the current bullish trend and favor additional intermediate-term strength. Alternatively, a quick reversal followed by an extended decline phase that returns to the last intermediate-term cycle low […]

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Short-term Forecast for November 8, 2019

| November 8, 2019

Stock Market Commentary We are 27 sessions into the alpha phase rally of the short-term cycle that began in early October. The alpha high (AH) of the current cycle is overdue and it could form at any time. The magnitude and duration of the current alpha phase rally signal the likely transition to a bullish […]

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Short-term Forecast for November 7, 2019

| November 7, 2019

Stock Market Commentary We are 26 sessions into the alpha phase rally of the short-term cycle that began in early October. The alpha high (AH) of the current cycle is overdue and it could form at any time. The magnitude and duration of the current alpha phase rally signal the likely transition to a bullish […]

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Short-term Forecast for November 6, 2019

| November 6, 2019

Stock Market Commentary We are 25 sessions into the alpha phase rally of the short-term cycle that began in early October. The alpha high (AH) of the current cycle is overdue and it could form at any time. The magnitude and duration of the current alpha phase rally signal the likely transition to a bullish […]

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Short-term Forecast for November 5, 2019

| November 5, 2019

Stock Market Commentary We are 24 sessions into the alpha phase rally of the short-term cycle that began in early October. The alpha high (AH) of the current cycle is overdue and it could form at any time. The magnitude and duration of the current alpha phase rally signal the likely transition to a bullish […]

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Short-term Forecast for November 4, 2019

| November 4, 2019

Stock Market Commentary We are 23 sessions into the alpha phase rally of the short-term cycle that began in early October. The alpha high (AH) of the current cycle is overdue and it could form at any time. The magnitude and duration of the current alpha phase rally signal the likely transition to a bullish […]

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Intermediate-term Forecast for November 2, 2019

| November 1, 2019

Stock Market Commentary We are 4 weeks into the second rally phase of the intermediate-term cycle that began in August. A move up to new highs would reconfirm the current bullish trend and favor additional intermediate-term strength. Alternatively, a quick reversal followed by an extended decline phase that returns to the last intermediate-term cycle low […]

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