ALPHA INSIGHTS: Interim Bulletin
Market Misbehavior Podcast
On Thursday, April 24th, we appeared on the Market Misbehavior Podcast hosted by David Keller, CMT. There, we discussed our current outlook for gold, silver, and the U.S. stock market. We also provided some educational context for those who may have an interest in learning more about our work in technical analysis and the Elliott Wave Principle. Please enjoy the attached video presentation with our compliments.
To get full access to our monthly investment newsletter and past archives, you may want to consider an upgrade to paid for as little as $15/month. As an added bonus, paid subscribers also receive our weekly ALPHA INSIGHTS: Idea Generator Lab report, an institutional publication that provides updated market analysis and details our top actionable ETF idea every Wednesday. Thanks for your interest in our work!
The next issue of HUGE INSIGHTS: The Big Picture will be published on May 3rd. If you enjoyed this post, please do us a simple favor and click the LIKE button ❤️!
Disclaimer
All information and data contained on this site and in reports, analytics, etc. produced by Jeffrey W. Huge (the “author”) is for informational purposes only. The author makes no representations as to accuracy, completeness, suitability, or validity, of any information. The author will not be held liable for any errors, omissions, or any losses, injuries, or damages arising from its display or use. All information is provided AS IS with no warranties, and confers no rights.
External links are often provided within the author’s newsletter for the convenience of the reader. The author will not be responsible for any material that is found at the end of these external links.
The author is NOT registered as a securities broker dealer or investment adviser with either the U.S. Securities and Exchange Commission or with any other state or federal securities regulatory authority.
The content of the author’s newsletter should NOT be considered professional financial investment advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. The author may hold positions or other interests in securities mentioned, including positions inconsistent with the views expressed.
The user bears complete responsibility for their own investment research and should seek the advice of a qualified investment professional before making any investment decisions.
Past performance is no guarantee of future results.
We’re getting a lot of questions regarding the so-called “Zweig Breadth Thrust.” Yes, our data confirms that the signal developed by Marty Zweig back in the mid-1970’s (featured in the book “Winning of Wall Street” in 1986) did trigger a buy signal. We have also verified that the signal has a 100% track record of success producing positive forward 12-month returns since 1960. But what you won’t find bullish advocates of this signal talking about on the internet is that prior to 1960, the signal has a much lower hit rate of just 45%. The bulls also won’t tell you that following the January 2, 2009 Zweig Breadth Thrust signal, the S&P 500 first plunged -26.75% lower over the subsequent two months before reaching its March 6, 2009 nadir. We expect the S&P 500 to plunge to at least SPX 3500 before the next DURABLE advance begins.
If our preferred count is correct, then minor wave (ii) should top early next week in the SPX 5563-5671 range. Once complete, a powerful “third-of-a-third” wave decline should reignite the bear market’s fuse. We expect a move to SPX 4060 before minor wave (iii) down is complete. Stay tuned…the real show is about to begin.