Time for a Stock Market Six Month Cycle Low

The all important 6 month and 10-12 month cycles are coming into the idealized time window for a low. Whether last week was it is doubtful at the moment. Indicators on cycles all the way down to 4 weeks are not yet on buy signals. 4 week cycle indicators are on the cusp. This report shows you where things stand and what needs to happen to trigger the next big move.

Last week the swing trade chart pick list showed an average gain of 1.2% on an average holding period of 10 calendar days. Unfortunately, one pick was an absolute disaster, crushing the list average. 8 picks were stopped out. 4 remain. One will be closed as of Monday’s open.

Technical screens of 8700 listed issues generated 79 charts with swing trade signals based on Friday’s close. 74 of those were buy signals. Only 5 were sell signals. After visual review of those 79 charts, I have selected 10 additions to the swing trade chart pick list.

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These reports are not investment advice. They are for informational purposes, for an audience of investment and trading professionals, and other experienced investors and traders. Chart pick performance changes week to week and past performance may not indicate future results, as you know. Trading involves risk, and these reports assume that you understand those risks and manage them according to your tolerance. 

Lee Adler

I’ve been publishing The Wall Street Examiner and its predecessor since October 2000. I also publish LiquidityTrader.com, and was lead analyst for Sure Money Investor, of blessed memory. I developed David Stockman's Contra Corner for Mr. Stockman. I’ve had a wide variety of finance related jobs since 1972, including a stint on Wall Street in both sales, analytical, and trading capacities. Prior to starting the Wall Street Examiner I was a commercial real estate appraiser in Florida for 15 years. I was considered an expert in the analysis of failed properties that ended up in the hands of bank REO divisions, the FDIC, and the RTC. Remember those guys? I also worked in the residential mortgage and real estate businesses in parts of the 1970s and 80s. I have been charting stocks and markets and doing analytical work since I was a teenager. I'm not some Ivory Tower academic, Wall Street guy. My perspective comes from having my boots on the ground and in the trenches, as a real estate broker, mortgage broker, trader, account rep, and analyst. I've watched most of the games these Wall Street wiseguys play from right up close. I know the drill from my 55 years of paying attention. And I'm happy to share that experience with you, right here. 

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