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Skin of Its Teeth 12/9/24

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DrStool Dean of Stock Proctology

DrStool

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That's by what the market is hanging on to the uptrend. An hourly close below 6080 would break it. But it's still a way to go before hitting more significant trend support. 

17wwct

Cycles are in gear to the upside. A 6 month cycle high is due shortly, but projections point much higher.  Non subscribers can click here to access.

Technical Trader subscribers click here to download the full report.

Cycles are aligning for an upward trend. A 6-month cycle high is expected shortly, but projections suggest even greater potential. Non subscribers can click here to access.

Cycle Analysis:
The 6-month cycle projection has increased to xxxx, though it’s worth noting that the 13-week cycle projection of xxxx appears more realistic. There are still x-x weeks left in the current up phase. Non subscribers can click here to access.

Short-term cycles are in sync, with projected highs of xxxx expected this week. Any mild correction could pave the way for a breakout toward the 13-week cycle projection. Non subscribers can click here to access.

Cycle Screening Measures:
Data was weak last week, no longer supporting the rally. A down day on Monday would break the pattern of higher lows. If the market holds, the pattern remains neutral to modestly bullish. However, the 6-month cycle measures have flipped to xxxxxxxxxx, signaling at least a xxxxxxxxxxxx. Smoothed, lagged measures are on the verge of triggering xxxxxx if the market holds steady this week. Non subscribers can click here to access.

Trend Channel Analysis:
The lower trendline of the sharpest short-term channel is rising from xxxx to xxxxx this week. If the market closes above xxxx on Friday, it will remain in an intermediate-term uptrend. Support at xxxx is the next level, with a potential drop to a significant support cluster around xxxx if broken. Non subscribers can click here to access.

Long-Term Weekly Chart:
The market is rising in the mid-channel, with clearance to xxxx by year-end. Channel support rises from xxxx to xxxx by mid-January. Non subscribers can click here to access.

Monthly Chart (12/2/24):
The lower channel bound sits at xxxx this month, with the upper bound around xxxx, setting the stage for potential price action in the coming weeks. Non subscribers can click here to access.

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DrStool Dean of Stock Proctology

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The screens revealed 116 charts that met minimum long-term structural buy criteria and 97 that met minimum long-term structural sell criteria. Among the buy signals, 93 met intermediate buy criteria, while 36 of the long-term sell signals met intermediate sell criteria. After further screening, 10 short-term buy signals and 5 short-term sell signals (including sell short opportunities) were identified. Based on a visual review, 2 buys and 2 short sales will be added to the list on Monday.non-subscribers can click here for access.

Technical Trader subscribers click here to download the full report.

Seven picks were removed from the list last week based on prior instructions. Stops are being maintained on 4 others, while the remainder will be held this week. The strategy incorporates risk management through small position sizes and diversification, though your approach may vary. non-subscribers can click here for access.

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As of December 6, the open and closed picks yielded an average gain of 7.1% with an average holding period of 27 calendar days, compared to 6.8% the previous week with a holding period of 23 calendar days.non-subscribers can click here for access.

For a complete list of open and new picks with charts, non-subscribers can click here for access.

Including open picks as of December 6, and those closed last week, the list had an average gain of 7.1% on average holding period of 27 calendar days. That compares with +6.8% the previous week also on the average holding period 23 calendar days. non-subscribers can click here for access.

Charts of Open and New Picks To view the list and charts of open picks, non-subscribers can click here for access.

Not a subscriber? Get price and time targets, and weekly swing trade chart picks, risk free for 90 days! 

DrStool Dean of Stock Proctology

DrStool

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Stock Prices and Market Liquidity: Extreme Valuations and the Path to a Potential Bear Market

Stock prices are currently stretched beyond any extreme levels seen since the 2000 Internet/Tech bubble peak when compared to market liquidity. However, this alone isn’t enough to trigger a sell signal. Liquidity continues to grow, and there’s nothing to stop it from expanding further. Similarly, stock market valuations, which reflect long-term market sentiment, are likely to become even more extreme in the foreseeable future. Non-subscribers can click here for access to the full analysis.

Subscribers, click here to download the report.

Liquidity Growth and Stock Market Valuations: What Investors Need to Know

Despite the current extreme valuations, liquidity is still on the rise, providing support to the market. This continued growth in liquidity and sentiment could drive valuations to even higher levels, prolonging the bull market. Non-subscribers can access the full report for in-depth insights. Non-subscribers can click here for access to the full analysis.

When Market Sentiment Shifts: Preparing for a Potential Bear Market and Crash

When market sentiment does eventually shift, it is unlikely to result in a typical correction. The greater risk is a significant bear market, potentially with one or more market crashes along the way. While we are not at that point yet, this report explores what investors can expect as market conditions evolve. Non-subscribers can click here for access to the full analysis.

Impact of the Debt Limit and Political Factors on Stock Market Timing

The re-imposition of the U.S. debt limit on January 2 could trigger the usual political instability that accompanies these episodes. This report highlights how these political factors could impact the timing of the next stock market peak and what investors should anticipate for the future of the market. Subscribers can download the full report for detailed analysis.

Non-subscribers, click here for access.

KNOW WHAT’S HAPPENING NOW, before the Street does, read Lee Adler’s Liquidity Trader risk free for 90 days! Act on real-time reality! 

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