Best of the Week
Most Popular
1. Gold vs Cash in a Financial Crisis - Richard_Mills
2.Current Stock Market Rally Similarities To 1999 - Chris_Vermeulen
3.America See You On The Dark Side Of The Moon - Part2 - James_Quinn
4.Stock Market Trend Forecast Outlook for 2020 - Nadeem_Walayat
5.Who Said Stock Market Traders and Investor are Emotional Right Now? - Chris_Vermeulen
6.Gold Upswing and Lessons from Gold Tops - P_Radomski_CFA
7.Economic Tribulation is Coming, and Here is Why - Michael_Pento
8.What to Expect in Our Next Recession/Depression? - Raymond_Matison
9.The Fed Celebrates While Americans Drown in Financial Despair - John_Mauldin
10.Hi-yo Silver Away! - Richard_Mills
Last 7 days
British Pound GBP Trend Forecast 2020 - 16th Feb 20
SAMSUNG AI Mega-trend Tech Stocks Investing 2020 - 16th Feb 20
Ignore the Polls, the Markets Have Already Told You Who Wins in 2020 - 16th Feb 20
UK Coronavirus COVID-19 Pandemic WARNING! Sheffield, Manchester, Birmingham Outbreaks Probable - 16th Feb 20
iShares Nasdaq Biotechnology ETF IBB AI Mega-trend Tech Stocks Investing 2020 - 15th Feb 20
Gold Stocks Still Stalled - 15th Feb 20
Is The Technology Stocks Sector Setting Up For A Crash? - 15th Feb 20
UK Calm Before Corona Virus Storm - Infections Forecast into End March 2020 - 15th Feb 20
The Growing Weaponization of Space - 14th Feb 20
Will the 2020s Be Good or Bad for the Gold Market? - 14th Feb 20
Predictive Modeling Suggests Gold Price Will Break Above $1650 Within 15~30 Days - 14th Feb 20
UK Coronavirus COVID-19 Infections and Deaths Trend Forecast 2020 - 14th Feb 20
Coronavirus, Powell and Gold - 14th Feb 20
How the Corona Virus is Affecting Global Stock Markets - 14th Feb 20
British Pound GBP Trend and Elliott Wave Analysis - 13th Feb 20
Owning and Driving a Land Rover Discovery Sport in 2020 - 2 YEAR Review - 13th Feb 20
Shipping Rates Plunge, Commodities and Stocks May Follow - 13th Feb 20
Powell says Fed will aggressively use QE to fight next recession - 13th Feb 20
PALLADIUM - THIS Is What a Run on the Bank for Precious Metals Looks Like… - 13th Feb 20
Bitcoin: "Is it too late to get in?" Get Answers Now - 13th Feb 20
China Coronavirus Infections Soar by 1/3rd to 60,000, Deaths Jump to 1,367 - 13th Feb 20
Crude Oil Price Action – Like a Coiled Spring Already? - 13th Feb 20
China Under Reporting Coronavirus COVID-19 Infections, Africa and South America Hidden Outbreaks - 12th Feb 20
Will USD X Decline About to Trigger Precious Metals Rally - 12th Feb 20
Copper Market is a Coiled Spring - 12th Feb 20
Dow Theory Stock Market Warning from the Utilities Index - 12th Feb 20
How to Get Virgin Media Engineers to FIX Hub 3.0 Problems and NOT BS Customers - 12th Feb 20
China Under Reporting Coronavirus COVID-19 Infections by 66% Due to Capacity Constraints - 12th Feb 20
Is Coronavirus the Black Swan That Takes Gold To-Da-Moon? - 12th Feb 20
Stock Market 2020 – A Close Look At What To Expect - 12th Feb 20
IBM AI Mega-trend Tech Stocks Investing 2020 - 11th Feb 20
The US Dollar’s Subtle Message for Gold - 11th Feb 20
What All To Do Before Opening A Bank Account For Your Business - 11th Feb 20
How and When to Enter Day Trades & Swing Trade For Maximum Gains - 11th Feb 20
The Great Stock Market Dichotomy - 11th Feb 20
Stock Market Sector Rotation Should Peak Within 60+ Days – Part II - 11th Feb 20
CoronaVirus Pandemic Stocks Bear Market Risk 2020? - Video - 11th Feb 20
Facebook (FB) AI Mega-trend Tech Stocks Investing 2020 - 10th Feb 20
The US Constitution IS the Crisis - 10th Feb 20
Stock Market Correction Continues - 10th Feb 20
Useful Tips for Becoming a Better Man - 10th Feb 20
Will CoronaVirus Pandemic Trigger a Stocks Bear Market 2020? Part1 - 9th Feb 20
Could Silver Break-out like it did in 2011? - 9th Feb 20
The End of the Global Economy - 9th Feb 20
Fed to Stimulate in Any Crisis; Don’t Let Short-Term Events Bother You - 9th Feb 20

Market Oracle FREE Newsletter

Nadeem Walayat Financial Markets Analysiis and Trend Forecasts

Stock Market, Precious Metals: the Month Ahead

Stock-Markets / Stock Markets 2016 Oct 30, 2016 - 03:00 PM GMT

By: Brad_Gudgeon

Stock-Markets The astrological themes going forward surround around Neptune which rules lies, deceit, secrets, radicalism, illegal activities and fraud.  Mars (war tensions: think Russian naval movements into the Mediterranean) is also implicated, especially early in the month of November surrounding the dates of November 1-4. Gold could see a big move up around Nov 3-4. GDX could rally to around 26.00.


Meanwhile, “one last hurrah” (an expected stock market rally on October 31) features the ongoing 27/54 TD top along with the beneficent Mercury/Sun trine to Neptune, itself, due October 30-November 1. The E-Wave notation is ‘y’ of Y of “B”, right before “C”, the devastation wave.

 All astro-cycles and the E-wave Equality of Waves Principle are pointing to an important bottom on November 18th. Minimum downside damage should be at least 14% from the August 2016 top near SPX 2193/94. This figure is based on what happened from December 29, 2015 to January 19, 2016.

My TLC (Trend Line Convergence) lows that are due on the SPX are November 3, November 10, November 14 and 16th. We have another trine due November 5th, Venus trine Uranus, which should negatively influence the stock market beginning November 7th through the 10th (Mars semi-squares Saturn on the 9th, so the warning is “don’t buy the early move up, instead, sell all rallies”). This looks to be election related with some war tension still on the burner.

Important, immediate astro-aspects are Venus conjunct Saturn, found near important turns and Mars square Uranus, implying war tensions, both occurring on October 29. Bradley turns include Nov 1-3, Nov 13-15, Nov 18, Nov 24-25 and Nov 28-29. The last Bradley turn was due on October 24th, which was a top.  I had a TLC low due October 28, which was also a Lindsay turn.

Option Expiration week sees likely choppy action with the TLC lows of November 14 and 16th. Precious metals stocks look down from the expected high of November 4th to around Options Expiration, November 18th.  GDX could go as low as 18.50. November 18th sees Mercury square Neptune, followed by Neptune turning stationary/direct on the 19th.  November 18th could initially be a huge down day, but a reversal looks likely.  SPX 1881 is my expected down side target, but the wild card here is mainly the Presidential Election (with the Middle East tensions too). It is possible we go much lower into the mid 1700’s or even the mid 1600’s for that matter. I just don’t know.

By no means will this coming sell-off become THE “meltdown” everyone thinks is coming and rightfully so.  The cycles and waves tell me it is just a tad too early for the BIG ONE. Think 2018-2020.

I’m trying to help as many people as I can make money during this coming crisis.  It is during times of turmoil like the one I expect in the next 3 weeks that traders can make the most money.

We are long the SPX via SPXL, SVXY and November 2, 214.50 SPY calls.  We took advantage of the gap up Monday and shorted.  Despite a choppy and difficult week, we managed to make some great returns including buying NUGT just a few minutes before the FBI probe information came out Friday.  We sold for about a 5% profit the same day.

Like a weather forecast, I have to adjust my strategies as I go.  Day by day (and even hour by hour) as I receive new data those strategies change. Keep this in mind when reading this article. It is not about making the perfect forecast, it is about being ready for the contingencies…if this than that, etc. A forecast is just a general roadmap, not set in stone.

Brad Gudgeon
Editor of The BluStar Market Timer

www.blustarmarkettimer.info

The BluStar Market Timer was rated #1 in the world by Timer Trac in 2014, competing with over 1600 market timers. This occurred despite what the author considered a very difficult year for him. Brad Gudgeon, editor and author of the BluStar Market Timer, is a market veteran of over 30 years. The website is www.blustarmarkettimer.info To view the details more clearly, you may visit our free chart look at www.blustarcharts.weebly.com.

Copyright 2016, BluStar Market Timer.  All rights reserved.
Disclaimer:  The above information is not intended as investment advice.  Market timers can and do make mistakes.  The above analysis is believed to be reliable, but we cannot be responsible for losses should they occur as a result of using this information.  This article is intended for educational purposes only. Past performance is never a guarantee of future performance.

Brad Gudgeon Archive

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


Post Comment

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

6 Critical Money Making Rules