• 729 days Will The ECB Continue To Hike Rates?
  • 729 days Forbes: Aramco Remains Largest Company In The Middle East
  • 731 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,131 days Could Crypto Overtake Traditional Investment?
  • 1,136 days Americans Still Quitting Jobs At Record Pace
  • 1,138 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,141 days Is The Dollar Too Strong?
  • 1,141 days Big Tech Disappoints Investors on Earnings Calls
  • 1,142 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,144 days China Is Quietly Trying To Distance Itself From Russia
  • 1,144 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,148 days Crypto Investors Won Big In 2021
  • 1,148 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,149 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,151 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,152 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,155 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,156 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,156 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,158 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

  1. Home
  2. Markets
  3. Other

Deja-Screwed All Over Again

Regular readers know from last week's commentary that my Hybrid Lindsay model is forecasting a high in the Dow Industrials index today or very close to today. Readers will also remember that October 19 has been a difficult date in history for the stock market.

But an active investor doesn't need to be a follower of Lindsay or of "ancient" history to be expecting a high in the market this week. Last Friday was option expiration. A quick look at the chart below reveals that the equity market (the chart is of the S&P 500) has rallied into OPEX only to reverse trend once OPEX has passed for most of this year.

OPEX

 


Request your copy of the October Lindsay Report at Seattle Technical Advisors.

 

Back to homepage

Leave a comment

Leave a comment