Author Archive: PMI

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Short-term Forecast for July 13, 2020

| July 13, 2020

Stock Market Commentary We are 10 sessions into the alpha phase rally of the short-term cycle that began on June 27. An extended alpha phase rally that moves up to new highs would reconfirm the current bullish short-term trend and forecast additional gains. Alternatively, a quick reversal followed by an extended alpha phase decline that […]

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Intermediate-term Forecast for July 11, 2020

| July 10, 2020

Stock Market Commentary We are 16 weeks into the rally phase of the intermediate-term cycle that began in March. The magnitude of the last decline phase signals the likely transition to a bearish intermediate-term trend and favors additional losses during the next decline phase. S&P 500 Index Weekly Chart Analyses The following technical and cycle […]

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Short-term Forecast for July 10, 2020

| July 10, 2020

Stock Market Commentary We are 9 sessions into the alpha phase rally of the short-term cycle that began on June 27. An extended alpha phase rally that moves up to new highs would reconfirm the current bullish short-term trend and forecast additional gains. Alternatively, a quick reversal followed by an extended alpha phase decline that […]

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Short-term Forecast for July 9, 2020

| July 9, 2020

Stock Market Commentary We are 8 sessions into the alpha phase rally of the short-term cycle that began on June 27. An extended alpha phase rally that moves up to new highs would reconfirm the current bullish short-term trend and forecast additional gains. Alternatively, a quick reversal followed by an extended alpha phase decline that […]

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Short-term Forecast for July 8, 2020

| July 8, 2020

Stock Market Commentary We are 7 sessions into the alpha phase rally of the short-term cycle that began on June 27. An extended alpha phase rally that moves up to new highs would reconfirm the current bullish short-term trend and forecast additional gains. Alternatively, a quick reversal followed by an extended alpha phase decline that […]

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Short-term Forecast for July 7, 2020

| July 7, 2020

Stock Market Commentary We are 6 sessions into the alpha phase rally of the short-term cycle that began on June 27. An extended alpha phase rally that moves up to new highs would reconfirm the current bullish short-term trend and forecast additional gains. Alternatively, a quick reversal followed by an extended alpha phase decline that […]

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Short-term Forecast for July 6, 2020

| July 6, 2020

Stock Market Commentary We are 5 sessions into the alpha phase rally of the short-term cycle that began on June 27. An extended alpha phase rally that moves up to new highs would reconfirm the current bullish short-term trend and forecast additional gains. Alternatively, a quick reversal followed by an extended alpha phase decline that […]

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Intermediate-term Forecast for July 4, 2020

| July 4, 2020

Stock Market Commentary We are 15 weeks into the rally phase of the intermediate-term cycle that began in March. The magnitude of the last decline phase signals the likely transition to a bearish intermediate-term trend and favors additional losses during the next decline phase. S&P 500 Index Weekly Chart Analyses The following technical and cycle […]

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Short-term Forecast for July 2, 2020

| July 2, 2020

Stock Market Commentary A cycle low signal was generated today, indicating that a short-term low likely formed on June 26. We are 4 sessions into the alpha phase rally of the short-term cycle that began on June 27. An extended alpha phase rally that moves up to new highs would reconfirm the current bullish short-term […]

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Short-term Forecast for July 1, 2020

| July 1, 2020

Stock Market Commentary We are 6 sessions into the beta phase decline of the short-term cycle that began on May 14. A quick rebound followed by an extended alpha phase rally that moves up to new highs would reconfirm the current bullish short-term trend and forecast additional gains. Alternatively, an extended beta phase decline that […]

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