| To: northam who wrote (39983) | 5/7/2024 5:47:14 PM | | From: northam | | | | SPX Cycles Long Range Projection Chart. Today the Weekly W-S-2 put in another cycle high at 5200.23, the projected high is 5353.73, the high is due Friday. The Weekly is very close to W-2 (Overdue) territory.
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| From: humble1 | 5/9/2024 6:08:46 AM | | | | | | | Wednesday, May 8, 2024: Cramer says ‘more and more’ cracks beginning to emerge in the stock market. |
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| To: northam who wrote (39989) | 5/9/2024 8:47:05 PM | | From: northam | | | | SPX Cycles Long Range Projection Chart. Today the Weekly W-S-2 put in a new cycle high at 5215.30, the projected high is 5353.73, the high is due tomorrow, however, the Weekly today at the close has entered W-2 (Overdue) territory, however, the duration requirements have not yet been reached, the W-2 is currently projected to be confirmed at the close on 5/17/24, the projected high will be 5506.18, the high will be due 6/7/24.
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| From: humble1 | 5/10/2024 3:44:40 AM | | | | | |
Bullish Candles on the Weekly SPX, The latest being confirmation of last week’s Hammer looking good. Could have wave3 of Wave3 from 10/13/22 now in progress.
The implications of that count are bull for many months.
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| To: northam who wrote (39992) | 5/10/2024 10:01:45 PM | | From: northam | | | | SPX Cycles Long Range Projection Chart. The Weekly W-S-2 put in another cycle high at 5239.66. Next week there is the possibility of a W-2 (Overdue) getting confirmed at the close on Friday, projected high 5506.18, the high will be due 6/7/24.
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| From: humble1 | 5/12/2024 10:02:26 AM | | | | | | Why I like the R2K and think it could double (or more) in 1-2 years:
bloomberg.com
Guess what. That anxiety is ALL in the market; they will simply and easily roll over the $600 Billion. It’s called refinancing or whatever, Banks/Lenders love it. Meanwhile, profits are rising and controlled 2-3% inflation is good for them. |
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| From: humble1 | 5/14/2024 1:37:08 AM | | | | | | M-T-W: Three days of inflation anxiety.
M: A report from the New York Federal Reserve showed that consumers’ expectations for inflation over the short and long term grew in April. The results put pressure on the major averages and weighed on stocks.
T: Another market catalyst will emerge Tuesday morning as the first of two key inflation reports will be released. The producer price index reading for April will be issued at 8:30 a.m. Eastern. Economists polled by Dow Jones anticipate that the PPI gained 0.3% from the previous month.
W: The closely watched consumer price index will be out Wednesday, and economists expect that it rose 0.4% in April on a month-over-month basis, or 3.4% from 12 months earlier. |
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