Cycles are a tool and should not be used to the exclusion of other tools. There is always the possibility (high probability long term) that the data will be misinterpreted or a relevant fact over looked. So use cycles to check your analysis, not as the only reason to make a decision. Interpretation is the opinion of the author and may be incorrect and should be viewed in that light.
Saturday, April 6, 2019
Weekly outlook April 8, 2019
My take on JM Hurst's work with cycles (free to you).
If you prefer you can pay several hundred for the app(s) to draw Hurst charts (sample follows):
After several up days to start the 2nd qtr (and 10 week cycle should give a bit of up move the first part of the week and a pivot down before the end of the week. Banks begin reporting and it seems analysts are positive on the banks. We shall see (Have 200 shares of BAC in my holdings). AT and T goes X dividend during the week ($.51 A share and I am holding 200 shares) Ford Motors looks interesting.
Not overly positive on the market, but there are always some stocks worth a trade,
What is your prediction for next week?
ReplyDeleteAfter several up days to start the 2nd qtr (and 10 week cycle should give a bit of up move the first part of the week and a pivot down before the end of the week. Banks begin reporting and it seems analysts are positive on the banks. We shall see (Have 200 shares of BAC in my holdings). AT and T goes X dividend during the week ($.51 A share and I am holding 200 shares) Ford Motors looks interesting.
ReplyDeleteNot overly positive on the market, but there are always some stocks worth a trade,
I appreciate your free service. It has helped me over the years. I'm wondering if you are preparing someone to eventually carry your torch one day.
ReplyDeleteOn Twitter check out David F @TradingHurst. I try and keep my posts simple for the normal non-nerd trader. Seems to me lots of bloggers don't. JMHO.
ReplyDeletegreat job! Thanks!
ReplyDeleteThank you very much for this informative service.It is a great gift for me.Good luck in all of your trading!
ReplyDeleteTrades all profitable. No big gains, but gains totaling about $300, When I see a $100 bill laying on the sidewalk I stop and pick it up. HE, HE, HE.
ReplyDelete