Market timers , We’re still expecting a market turnaround at the end of this month, starting around the 24th. The market is currently following the 4 year election cycle better than any other factor seasonal, so here it is for a preview…
Presidential Cycle Seasonal Proejction
The charts this month has lots of opportunities. ATT looks good, CAT looks bad. CVX looks a bit depressed from where it should be, Citibank is on track. JPM seems like it’s ready to pop … If you are expecting bad times ahead, you’d pay attention to Disney, Walmart, Caterpillar and Dupont, and put a MACD trigger on the downward seasonal expectations. Seasonally those stocks go down; if there is a market crash, that decline on top of seasonal expectations should lead to some nice trading profits. Here’s a courtesy look at the recent DJIA newsletter with pure price projections. This type of inside information is how traders make money.
May DJIA Newsletter