Trading Week starting 09 /04 / 2023

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The 18.6 Year Cycle Hasn’t Failed for 231 Years

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  The 18.6 Year Cycle Hasn’t Failed for 231 Years Stock markets… bond markets… real estate… all follow cycles. And I have been researching them for decades. For instance, did you know that every 18.6 years… since 1792… stock markets peaked, fell, and entered panics in consistent cycles? Take a look at the chart below. It tracks commodity cycles since 1792. (Click here to expand image) Or did you know that at the bottom of the cycle, new industries emerge, led by next-generation entrepreneurs? The cycle predicts that, too.
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GDX Optix reversed from an extreme

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  Following a sharp rise from early fall into January and a reasonable pullback, many believe that gold stocks are poised for another significant leg up. And given the volatile nature of this sector and its current oversold status, it is possible. Still, several objective indicators suggest this admittedly intriguing sector may struggle in the months ahead. GDX Optix reversed from an extreme : Gold stock trader optimism understandably rose sharply as GDX rallied from September into January. Unfortunately, it may have gotten a bit overdone. The chart and table below highlight those times when: The 50-day average for GDX Optix dropped below 60 While GDX was above its 150-day moving average GDX Breath signaled an overbought condition : The chart and table below highlight when the GDX Breadth (% > 200 Day Avg) indicator was above 94%. The most recent unfavorable signal occurred on 2023-01-26, and the results above also suggest the potential for poor GDX performance as...
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