"No warning can save people determined to grow suddently rich" - Lord Overstone

  • 10 hours What Is Bitcoin Really Supposed To Be?
  • 11 hours The Surprising Media Giant Taking On Netflix
  • 12 hours Cybersecurity Stocks Are Red-Hot As Election Looms
  • 13 hours Americans Grow Weary Of U.S. Trade Policy
  • 14 hours What Putin Really Wants From Trump
  • 16 hours Europe’s EV Sales Growth Is Slowing
  • 18 hours The Looming "Hyper-War"
  • 1 day The Real Winners Of The Real Estate Business
  • 1 day 3 Reasons Small-Cap Stocks Are Booming
  • 2 days Chinese IPO Fervor Slows As Xiaomi Disappoints
  • 2 days How Corporate America Is Filling The Gaps In Public Education
  • 2 days Bezos’ Space Flight Gamble
  • 2 days Is This The Answer To High Gasoline Prices?
  • 2 days Netflix Shock Hits FAANG Stocks Hard
  • 2 days Foreign Investors Losing Interest In The U.S.
  • 2 days Chinese Police Bust $1.5B Crypto Gambling Scheme
  • 3 days Can Artificial Intelligence Compete With Real Doctors?
  • 3 days UK Stocks Bounce Back From Worst Selloff In Years
  • 3 days Geopolitical Uncertainty Weighs On Global Markets
  • 3 days Gold May Still Be On Its Way Down
Investors React To Escalating Trade War Drama

Investors React To Escalating Trade War Drama

Stock markets gained a bit…

Chinese IPO Fervor Slows As Xiaomi Disappoints

Chinese IPO Fervor Slows As Xiaomi Disappoints

The Chinese IPO space was…

The Surprising Media Giant Taking On Netflix

The Surprising Media Giant Taking On Netflix

Professional wrestling is not often…

Stock Barometer

Stock Barometer

Stock Barometer

Stock Barometer is completely independent. We have never and will not ever accept compensation from any company whose stock we recommend. Our goal is to…

Contact Author

Moment of Truth

4/19/2009 9:32:18 AM

We have two potential paths into the end of the month. We should find out this week which way will win out.


Market Chat
Weekly Discussions on 'anything' Trading Related.
$49 per month or $469 per year.



Explosive Stock Alert
5 position trade/portfolio - Issued as dictated by market action.
$9.95 per month or $95 per year.


Stock Barometer Analysis

We remain in Buy Mode.

The Stock Barometer is my proprietary market timing system. The direction, slope and level of the Stock Barometer determine our outlook. For example, if the barometer line is moving down, we are in Sell Mode. A Buy or Sell Signal is triggered when the indicator clearly changes direction. Trend and support can override the barometer signals.


Day Trading Edge - with Paul Soo
A professional Day Trader navigates you through 2 to 10 trades per day


Stock Barometer Cycle Time

Monday is day 28 in our Up Cycle.

The Stock Barometer signals follow 5, 8, 13, 21 and sometimes 34 day Fibonacci cycles that balance with 'normal' market cycles. Knowing where you are in the current market cycle is important in deciding how long you expect to maintain a position.


The Advantage Report - with Angelo Campione
S&P and Nasdaq Market timing advice for only $10.95/month


Potential Cycle Reversal Dates

2009 Potential Reversal Dates: 1/20, 2/11, 3/7, 3/15, 4/8, 4/16, 4/27. We publish these dates up to 2 months in advance.

With the next key reversal date as 4/27, we're looking for the market to retrace into that date and continue higher. But we have to stick with the current trend for now - which is preferred, but becoming less likely every day.

My Additional timing work is based on numerous cycles and has resulted in the above potential reversal dates. These are not to be confused with the barometer signals or cycle times. However, due to their past accuracy I post the dates here.

2008 Potential Reversal Dates: 12/31, 1/11, 2/1, 2/13, 3/6, 4/5, 4/22, 5/23, 6/6, 6/27, 7/13, 9/2, 10/3, 10/22, 11/10, 12/11. 2007 Potential Reversal Dates: 1/10, 1/14, 1/27, 1/31, 2/3, 2/17, 3/10, 3/24, 4/21, 5/6, 6/15, 8/29, 10/19, 11/29, 12/13, 12/23, 12/31, 1/11/08. 2006 potential reversal dates: 1/16, 1/30, 2/25, 3/19, 4/8, 5/8, 5/19, 6/6(20), 7/24, 8/20, 8/29, 9/15, 10/11, 11/28. 2005 Potential reversal dates: 12/27, 1/25, 2/16, 3/4, 3/14, 3/29, 4/5, 4/19, 5/2, 6/3, 6/10, 7/13, 7/28, 8/12, 8/30-31, 9/22, 10/4, 11/15, 11/20, 12/16.


Patrice V. Johnson's - J.E.D.I. Trader
Stocks, Options and Options on futures advisory service (up over 100% in 2008).


Spread Indicators

Use the following spread/momentum indicators to assist in your trading of the QQQQ, GLD, USD, USO and TLT. They are tuned to deliver signals in line with the Stock Barometer and we use them only in determining our overall outlook for the market and for pinpointing market reversals. The level, direction, and position to the zero line are keys in these indicators. For example, direction determines mode and a buy signal 'above zero' is more bullish than a buy signal 'below zero'.

QQQQ Spread Indicator (NASDAQ:QQQQ)

The QQQQ Spread Indicator will yield its own buy and sell signals that may be different from the Stock Barometer. It's meant to give us an idea of the next turn in the market.


Lynn T's 1-2-3 PLUS Alert
Provides buying and selling advice with 1/3 Index positioning for trends
use 2.5x Leverage and our advice as a hedge for your current portfolio.


Gold Spread Indicator (AMEX:GLD)

Want to trade Gold? Use our signals with the Gold ETF AMEX:GLD. Gold gives us a general gage to the overall health of the US Economy and the markets.


Bill West's Fat Pitch ETF Advisory
ETF Advisor trades a diversified portfolio of the hottest Exchange Traded Funds.


US Dollar Index Spread Indicator (INDEX:DXY)

Want to trade the US Dollar? Use our signals with the Power Shares AMEX:UUP: US Dollar Index Bullish Fund and AMEX:UDN: US Dollar Index Bearish Fund.


The McMillan Portfolio ($18.95/Month)
Get specific advice to manage a portfolio of Stocks and Options


Bonds Spread Indicator (AMEX:TLT)

Want to trade Bonds? Use our signals with Lehman's 20 year ETF AMEX:TLT. The direction of bonds has an impact on the stock market. Normally, as bonds go down, stocks will go up and as bonds go up, stocks will go down.


Stock Options Speculator
SOS recommends very aggressive stock options plays that target >100% gains.


OIL Spread Indicator (AMEX:USO)

Want to trade OIL? Use our signals with AMEX:USO, the OIL ETF. We look at the price of oil as its level and direction has an impact on the stock market.


Angelo Campione's Advantage Credit Spreads ($49.95/month)
Using Options to Target Consistent & Conservative Profits - up over 100% in 2007!


Supporting Secondary Indicator

We daily monitor hundreds of popular and proprietary technical indicators that break down market internals, sentiment and money flow to give us unique insight into the market. We feature at least one here each day in support of our current outlook.


The McMillan Letter ($8.95/Month)
Join Analyst Mark McMillan as he identifies current opportunities


Summary of Daily Outlook

We remain in Buy Mode, looking for the markets to move higher into the end of the month. That's a tough call with the market so oversold and up for the last 30 or so days - plus Friday was options expiration, and prices tend to hang up into the expiration.

Here's another look at seasonality and cycles - interesting how everything is lining up here.

We'll be watching closely to how the market acts next week as any direction will be attributed to the stress test.

If you have any questions or comments, email me at Jay@stockbarometer.com.


Stock Barometer Premier Membership
Receive the Daily Stock Barometer, Stock Options Speculator, QQQQ/Rydex Trader, Market Chat & Explosive Stock Alert all 5 for one low price.


Regards,

 

Back to homepage

Leave a comment

Leave a comment