Best of the Week
Most Popular
1. Stock Markets and the History Chart of the End of the World (With Presidential Cycles) - 28th Aug 20
2.Google, Apple, Amazon, Facebook... AI Tech Stocks Buying Levels and Valuations Q3 2020 - 31st Aug 20
3.The Inflation Mega-trend is Going Hyper! - 11th Sep 20
4.Is this the End of Capitalism? - 13th Sep 20
5.What's Driving Gold, Silver and What's Next? - 3rd Sep 20
6.QE4EVER! - 9th Sep 20
7.Gold Price Trend Forecast Analysis - Part1 - 7th Sep 20
8.The Fed May “Cause” The Next Stock Market Crash - 3rd Sep 20
9.Bitcoin Price Crash - You Will be Suprised What Happens Next - 7th Sep 20
10.NVIDIA Stock Price Soars on RTX 3000 Cornering the GPU Market for next 2 years! - 3rd Sep 20
Last 7 days
Stock Market SEASONAL TREND and ELECTION CYCLE - 24th Nov 20
Amazon Black Friday - Karcher K7 FC Pressure Washer Assembly and 1st Use - Is it Any Good? - 24th Nov 20
I Dislike Shallow People And Shallow Market Pullbacks - 24th Nov 20
Small Traders vs. Large Traders vs. Commercials: Who Is Right Most Often? - 24th Nov 20
10 Reasons You Should Trade With a Regulated Broker In UK - 24th Nov 20
Stock Market Elliott Wave Analysis - 23rd Nov 20
Evolution of the Fed - 23rd Nov 20
Gold and Silver Now and Then - A Comparison - 23rd Nov 20
Nasdaq NQ Has Stalled Above a 1.382 Fibonacci Expansion Range Three Times - 23rd Nov 20
Learn How To Trade Forex Successfully - 23rd Nov 20
Market 2020 vs 2016 and 2012 - 22nd Nov 20
Gold & Silver - Adapting Dynamic Learning Shows Possible Upside Price Rally - 22nd Nov 20
Stock Market Short-term Correction - 22nd Nov 20
Stock Market SPY/SPX Island Setups Warn Of A Potential Reversal In This Uptrend - 21st Nov 20
Why Budgies Make Great Pets for Kids - 21st Nov 20
How To Find The Best Dry Dog Food For Your Furry Best Friend?  - 21st Nov 20
The Key to a Successful LGBT Relationship is Matching by Preferences - 21st Nov 20
Stock Market Dow Long-term Trend Analysis - 20th Nov 20
Margin: How Stock Market Investors Are "Reaching for the Stars" - 20th Nov 20
World’s Largest Free-Trade Pact Inspiration for Global Economic Recovery - 20th Nov 20
Dating Sites Break all the Stereotypes About Distance - 20th Nov 20
THE STOCK MARKET BIG PICTURE - Video - 19th Nov 20
Reasons why Bitcoin is Treading at it's Highest Level Since 2017 and a Warning - 19th Nov 20
Media Celebrates after Trump’s Pro-Gold Fed Nominee Gets Blocked - 19th Nov 20
DJIA Short-term Stock Market Technical Trend Analysis - 19th Nov 20
Demoncracy Ushers in the Flu World Order How to Survive and Profit From What Is Coming - 19th Nov 20
US Bond Market: "When Investors Should Worry" - 18th Nov 20
Gold Remains the Best Pandemic Insurance - 18th Nov 20
GPU Fan Not Spinning FIX - How to Easily Extend the Life of Your Gaming PC System - 18th Nov 20
Dow Jones E-Mini Futures Tag 30k Twice – Setting Up Stock Market Double Top - 18th Nov 20
Edge Computing Is Leading the Next Great Tech Revolution - 18th Nov 20
This Chart Signals When Gold Stocks Will Explode - 17th Nov 20
Gold Price Momentous ally From 2000 Compared To SPY Stock Market and Nasdaq - 17th Nov 20
Creating Marketing Campaigns Using the Freedom of Information Act - 17th Nov 20
ILLEGITIMATE PRESIDENT - 17th Nov 20
Stock Market Uptrend in Process - 17th Nov 20
How My Friend Made $128,000 Investing in Stocks Without Knowing It - 16th Nov 20
Free-spending Biden and/or continued Fed stimulus will hike Gold prices - 16th Nov 20
Top Cheap Budgie Toys - Every Budgie Owner Should Have These Safe Bird Toys! - 16th Nov 20
Line Up For Your Jab to get your Covaids Freedom Pass and a 5% Work From Home Tax - 16th Nov 20
You May Have Overlooked These “Sleeper” Precious Metals - 16th Nov 20
Demystifying interesting facts about online Casinos - 16th Nov 20
What's Ahead for the Gold Market? - 15th Nov 20
Gold’s Momentous Rally From 2000 Compared To Stock Market SPY & QQQ - 15th Nov 20
Overclockers UK Quality of Custom Gaming System Build - OEM Windows Sticker? - 15th Nov 20
UK GCSE Exams 2021 CANCELLED! Grades Based on Mock Exams and Teacher Assessments - 15th Nov 20
Global "Debt Mountain": Beware of This "New Peak" - 13th Nov 20
Overclocking Zen 3 Ryzen 5600x, 5800x, 5900x and 5950x to 4.7ghz All Cores Cinebench R20 Scores - 13th Nov 20
Is Silver Leading Bitcoin or is Bitcoin Leading Silver? - 13th Nov 20
How Elliott Waves Simplify Your Technical Analysis - 13th Nov 20
How to buy Bitcoins using debit/credit card? - 13th Nov 20
Will COVID Vaccine Kill Gold and Silver? - 12th Nov 20
Access to Critical Market Reports - 12th Nov 20
Stock Market Dow Futures Reach 30,000 on News of COVID-19 Vaccine Trials Success - 12th Nov 20
8 Terms & Conditions You Must Know Before Asking For Life Insurance Policy Quotes - 12th Nov 20
Gold Stocks Post 2020 US Election Outlook - 11th Nov 20
Champions’ League Group Stage Draw: All You Need To Know - 11th Nov 20
Stock Market Secular Trend - 11th Nov 20
Stock Market Correction Curtailed by US Election - 11th Nov 20
What Causes a Financial Bubble? - 11th Nov 20
Ryzen 9 5900X RTX 3080 - Scan.co.uk vs Overclockers.co.uk UK Custom PC System Builder Review - 10th Nov 20
Killing Driveway Weeds FAST with a Pressure Washer - Saving Block Paving from LOTS of WEEDs - 10th Nov 20
Trump Fired, Biden Hired, What Next?  - 10th Nov 20
Looking for a Personal Loan? Here Is What You Have To Know  - 10th Nov 20

Market Oracle FREE Newsletter

How to Get Rich Investing in Stocks by Riding the Electron Wave

Stock Market Investing Profits Map For The Next 6 Months!

Stock-Markets / Investing 2009 Jun 01, 2009 - 01:20 PM GMT

By: Uncommon_Wisdom

Stock-Markets

Diamond Rated - Best Financial Markets Analysis ArticleLarry Edelson writes: Every so often it pays to take a few steps back … look at the charts from a longer-term point of view … and put the markets into perspective.

This is especially true today with so much confusion in the markets … so much misinformation in the news … so many threats to your wealth … and so much background noise and distractions.


But when you step back and look at the big picture, you can clearly see that major trends do NOT change overnight.

In a few minutes, I’ll show you my market roadmaps of the Dow Industrials, the dollar, and gold.

But before I do that, let me give you the conclusions Ive drawn from the latest long-term review I’ve done of my research, economic models, and trading cycles.

First and foremost, the mortgage, debt, and real estate crises in the United States are not over — not by a long shot. Neither is the destruction occurring in commercial real estate … the automobile industry … and small and large businesses alike all over the country.

Second, this also means the Fed will continue to …

arrow black Profits Map For The Next 6 Months!  Pump even more fiat money into the economy like there’s no tomorrow to prevent a financial meltdown

arrow black Profits Map For The Next 6 Months!  Purchase more of the U.S. Treasury’s debt, in one giant shell game that will forever change the value of your money, devaluing it in the greatest re-inflation campaign of all time

arrow black Profits Map For The Next 6 Months!  Keep short-term interest rates absurdly low, with savers bearing the brunt of its policies

The end result …

arrow black Profits Map For The Next 6 Months!  A dollar that will remain in a long-term bear market, clearly set to lose much more of its purchasing power in the months and years ahead

arrow black Profits Map For The Next 6 Months!  An ongoing collapse in U.S. Treasury bond prices, despite the Fed’s purchases of U.S. Treasury bonds, and as the entire world awakens to the fact that the U.S. government is bankrupt

arrow black Profits Map For The Next 6 Months!  A continued slide into a black hole for the U.S. economy

All this, while China, India and other Asian countries continue to barrel ahead.

But if you think any of the above means there’s no money to be made in the markets, think again. Just take a look at how the positions I’ve previously suggested in this column are faring …

Of the 16 suggestions I’ve made, 15 are winners, with open gains as high as 38.27 percent — in as little as eight weeks.

Closing Price Chart

What’s more, based on what I’m seeing, I expect even more gains in the weeks and months ahead.

My Profits Roadmap For The Next Six Months …

Before I get to the specifics, there’s a few things to keep in mind …

First, wild swings will continue to dominate almost all markets, confusing investors and professional traders alike.

Consequently, those who don’t keep the big picture in focus will suffer big losses. But for those who do, big gains are on the horizon.

Second, all major intermediate-term trends remain intact. Higher for stocks and natural resources, sharply lower for the U.S. dollar and U.S. Treasury bonds.

Third, re-inflation attempts by the Fed will continue to take hold.

Fourth, Asian markets are poised to outperform U.S. markets.

Now, let’s look at the charts, so you can see for yourself what I’m talking about …

The Dow: Notice how the Dow has thrust above an important downtrend line on the weekly chart.

Dow Industrials Could Handily Climb to 10,000 Level Over Next Few Months

This is a significant development. While it does not mean the Dow has bottomed, it does indicate that it has certainly stabilized.

Dow Industrials Cycle Projection

Moreover, it would be perfectly normal for the Dow to continue to rally as high as the 50 percent retracement level shown on the chart, regaining half of what it’s lost from its peak. That stands at the 10,344 level.

Additionally, in this second chart, my cycle studies show the Dow rallying into the end of June, then pulling back a tad, and rallying again into mid-August, where I would expect 10,344 to be reached.

Bottom line for the Dow Industrials: I expect the rally in stocks to continue higher, albeit with pullbacks along the way.

The U.S. Dollar: The dollar is a key driver of many markets.

Dollar in Severe Downtrend

Notice how weak the dollar is on this chart.

March high in dollarAfter a brief rally in April, the dollar has collapsed again and now lies within striking distance of its record low. The downtrend is solid, sharp, and almost relentless with no major support nearby, other than the record low at 70.698 on the index.

Plus, this cycle chart of the dollar confirms the chart action. It shows the dollar trending lower into late August, early September, before the downtrend gets any relief.

Bottom line for the dollar: It’s in trouble. This supports my fundamental view that the Fed not only is printing money like crazy, but will continue to do so. And, despite what the Fed may say in public, it actually wants a weaker dollar to help re-ignite asset inflation.

Gold: The yellow metal is in an extraordinarily bullish position, preparing to blast off to well over $1,000 an ounce.

Very bullish pattern on gold chart

Take a look at the chart. Notice gold’s strong uptrend, supported by two rising uptrend lines.

Also, look at how gold has now thrust up through the downtrend line from its most recent high back in March. A very bullish picture indeed!

Gold shows VERY BULLISH cyclical pattern into August 2010

Even more bullish: The cycle projections for gold. Look at how my cycle projections nailed gold’s late 2008 low at just under $700. It then pointed to a choppy but rising trend through the first half of this year, which is exactly the action we saw, with gold rising more than $50 last week alone.

Now take a look at the October period for this year, and see how the bullish cycle patterns literally take off to the upside, rising into the fall of 2010!

These projections in gold are entirely in keeping with the underlying fundamentals, which show …

1. A deteriorating economy

2. Massive re-inflation efforts by the Fed

3. A collapsing dollar

Bottom line for gold: It’s one of the strongest assets there is, as I’ve been telling you all along. I expect my target of $2,250 gold to be hit by August 2010, and possibly even sooner.

Bottom line for YOU …

First, if you don’t already own any of the shares mentioned previously, it’s not too late.

I would seriously consider buying the Dow Jones Diamonds (DIA) … the iShares FTSE/Xinhua China 25 (FXI) … and the Energy Select Sector SPDR (XLE).

For those and any other positions you buy, place a protective sell stop at no more than 10 percent below your entry price to help reduce risk.

Second, you must own gold. That should be a no-brainer. One of the best ways: The SPDR Gold Trust (GLD), the most liquid gold exchange traded fund out there.

For more precise buy-and-sell signals and other ways to trade gold, including mining shares and more, be sure to see my Real Wealth Report.

Third, continue to steer clear of long-term U.S. Treasury bonds. They are a disaster in the making. There is nothing safe about them right now.

Fourth, stash your safe-keeping money in short-term Treasury bills or the equivalent Treasury-bill only money market fund.

Fifth, to make oodles of money, don’t be afraid of the markets and don’t confuse the economy with the markets. Sometimes markets make major moves that are a complete paradox with the underlying fundamentals.

Just like we’re seeing now. The economy is still sinking, yet stocks are rallying and getting set to rally even more.

Lastly, stay tuned!

Best wishes,

Larry

P.S. Be sure and join my Real Wealth Report as we make oodles of money in these markets. It’s just $99 a year for 12 monthly issues, 24/7 website access, all flash alerts and all recommendations!

This investment news is brought to you by Uncommon Wisdom. Uncommon Wisdom is a free daily investment newsletter from Weiss Research analysts offering the latest investing news and financial insights for the stock market, precious metals, natural resources, Asian and South American markets. From time to time, the authors of Uncommon Wisdom also cover other topics they feel can contribute to making you healthy, wealthy and wise. To view archives or subscribe, visit http://www.uncommonwisdomdaily.com.

Uncommon Wisdom Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

Invest In Stock Market
11 Aug 09, 07:32
Invest In Stock Market

Very good steps described about how to Earn Money from Stock Market. Really it was very useful steps and i thought that it was very helpful for those who wanted to earn money from home. Elite Traders provides day trading courses, stock trading techniques and courses with live trading room at Daytradingexplained.com.au. It is a practice to make money from home. Day Trading is the smartest way to become financially strong and independent. For more information please visit on linkā€¦.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules