Author Archive: PMI

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Intermediate-term Forecast for December 7, 2019

| December 6, 2019

Stock Market Commentary We are 9 weeks into the second rally phase of the intermediate-term cycle that began in August. The move up to new highs reconfirms the current bullish trend and favors additional intermediate-term strength. S&P 500 Index Weekly Chart Analyses The following technical and cycle analyses provide intermediate-term forecasts for the S&P 500 […]

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Short-term Forecast for December 6, 2019

| December 6, 2019

Stock Market Commentary A cycle low signal was generated today, indicating that a new short-term cycle has begun. We are 4 sessions into the alpha phase rally of the short-term cycle that began on December 3. The magnitude and duration of the last beta phase rally signal the likely transition to a bullish short-term trend […]

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Short-term Forecast for December 5, 2019

| December 5, 2019

Stock Market Commentary We are 5 sessions into the beta phase decline of the short-term cycle that began in early October. The magnitude and duration of the last beta phase rally signal the likely transition to a bullish short-term trend and favor additional strength during the next rally phase. S&P 500 Index Daily Chart Analyses […]

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Short-term Forecast for December 4, 2019

| December 4, 2019

Stock Market Commentary We are 4 sessions into the beta phase decline of the short-term cycle that began in early October. The magnitude and duration of the last beta phase rally signal the likely transition to a bullish short-term trend and favor additional strength during the next rally phase. S&P 500 Index Daily Chart Analyses […]

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Short-term Forecast for December 3, 2019

| December 3, 2019

Stock Market Commentary We are 3 sessions into the beta phase decline of the short-term cycle that began in early October. The magnitude and duration of the last beta phase rally signal the likely transition to a bullish short-term trend and favor additional strength during the next rally phase. S&P 500 Index Daily Chart Analyses […]

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Short-term Forecast for December 2, 2019

| December 2, 2019

Stock Market Commentary The decline today indicates that the beta phase decline of the current short-term cycle has begun. We are 2 sessions into the beta phase decline of the short-term cycle that began in early October. The magnitude and duration of the last beta phase rally signal the likely transition to a bullish short-term […]

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Intermediate-term Forecast for November 30, 2019

| November 29, 2019

Stock Market Commentary We are 8 weeks into the second rally phase of the intermediate-term cycle that began in August. The move up to new highs reconfirms the current bullish trend and favors additional intermediate-term strength. S&P 500 Index Weekly Chart Analyses The following technical and cycle analyses provide intermediate-term forecasts for the S&P 500 […]

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Short-term Forecast for November 29, 2019

| November 29, 2019

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

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Short-term Forecast for November 27, 2019

| November 27, 2019

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

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Short-term Forecast for November 26, 2019

| November 26, 2019

Stock Market Commentary The advance during the last 2 sessions indicates that the beta phase rally of the current cycle is likely still in progress. We are 25 sessions into the beta phase rally of the short-term cycle that began in early October. The magnitude and duration of the current beta phase rally signal the […]

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