Arch Crawford, head of Crawford Perspectives for 41 consecutive years, outlines his technical perspective on the global financial markets.
Regarding the gold market, our guest views $1,200 gold as solid support, which must hold if the bull trend is return with gusto.
Arch Crawford maintains that every investment portfolio should include a gold / silver safety net to guard against lost purchasing power and financial crises.
While the long-term uptrend remains intact in the US equities market, Arch is using near-term weakness as an opportunity to double up on his short position.
This "might be the top" of the market, according constellation analysis, a "disaster" of epic proportions could befall the financial markets.
Money flows continue to pour into US equities due in large part to recent Fed rate hikes, which make dollar denominated assets and higher rates competitive.
Early in 2017, Goldseek.com Radio and The Alpha Stocks Newsletter alerted patrons to the Bitcoin rally at around $900, holding firm until around $10,000.
Arch Crawford's newsletter noted the precise $20,000 Bitcoin peak in December.
He's watching for buying opportunities during pullbacks. Given that many analysts view Bitcoin as moving 5x's the typical market.
Once the bottom is firmly in place, the typically positive fall season could encourage bulls to push the BTC price above $10,000.
The Redding California blaze, tragically accounted for hundreds of lost homes, many lost lives and 40,000 evacuations.
The host contacted California authorities, suggesting that mandatory regulations include metal / concrete roof tiles to curb fire tragedies.
More than half of the hundreds of homes lost could be averted as the fire typically spreads from roof to roof.
By simply changing from highly flammable tar roofing to the suggested materials, insurance companies could offer rebates for safer tiling.
State / federal policies could be enacted to insure that every home receives the needed upgrade regardless of income level.
Much of future infernos could be avoided by slowing the advance of the blaze and gaining precious minutes for firefighters and aerial support ample time.
The host proposes another unique firefighting concept - local / state authorities could purchase heavy duty, yet lightweight, fire resistant mylar sheeting.
Sheet rolls could be distributed to every house in each neighborhood.
Authorities could issue a siren alert advisory that would instruct / train neighbors to collaborate by unrolling the sheets over each house, thereby averting much of the destruction, particularly in areas most remote from firestations, low water flow areas and high risk hotspots.
Peter Eliades of Stockmarket Cycles, returns with technical insights on the financial markets.
His cycles work agrees with that of Arch Crawford, a significant stock market peak may be in place.
Rydex Bearish Funds indicate investors are the least bearish in twenty years, suggesting the herd is extremely ebullient, flashing an overbought signal.
Our guest notes it may be prudent for more active investors to consider placing protective sell stops below profitable equities positions.
The price declines could exceed the expectations of all but the most ardent bear.
The FOMC met today to determine the benchmark overnight lending rate – current FFF indicate 90% probability of a hike at the meeting slated for Sept.
The Dec. meeting shows strong prob. 63% of a second quarter point rate hike.
Domestic exports rose 9.3 percent, driven in part by increased soybean shipments due to the new trade policies.
One media source noted a soybean farmer in Pleasantville, Iowa where the soybean exports increased more than 50 percent in May from a year earlier as trade tensions led foreign buyers to stock up on American products.
Arch Crawford cut his technical analysis teeth as first assistant to top Wall Street technician Robert Farrell at Merrill Lynch in the early 1960s. In 1977, following Arch’s extensive research into astrophysical phenomenon, astrology and its correlation to market performance, he edited and published the premiere issue of Crawford Perspectives market timing newsletter.
Today, nearly 40 years later, Crawford Perspectives continues to bring readers one of the most highly regarded and consistently accurate market timing newsletters available.
Peter G. Eliades, Editor and Publisher, Stockmarket Cycles Born 5-26-39 in Lowell, Massachusetts Lowell High School – 1956 Harvard College, A.B. 1960 Boston University Law School J.D. –1963 (passed Massachusetts Bar Exam) Married – three children
Upon graduation from Boston University Law school, Peter Eliades moved to New York City where he entertained as a singer and pianist in Manhattan cabarets and off-Broadway musical comedy. In 1967, he moved to Los Angeles and continued his musical career. In 1968, with a lot of time and curiosity and a little money, Mr. Eliades initiated his stock market studies.
In 1972, he began his financial career as a stockbroker and appeared as a stock market analyst on Los Angeles television station KWHY, the nation’s first financial TV station. Several times in the fall of 1974, he predicted on KWHY that a major market bottom would occur during the week of December 9-13, 1974. The exact Dow low of 570.01 occurred on December 9, 1974. Publication of Stockmarket Cycles began in July of 1975. In 1985, the first year he was rated by the independent rating services, Mr. Eliades earned the Timer Digest’s "Timer of the Year" award and placed second in 1986 in a close race which wasn’t decided until the final trading day of the year. In 1989, Mark Hulbert (Hulbert Financial Digest) named Mr. Eliades as the "Most Consistent Mutual fund Switcher" based on Eliades timing signals for the years 1985, 1986, 1987, and 1988. From January 1985 when Hulbert first started rating Stockmarket Cycles, through August 1990, Stockmarket Cycles had the #1 market timing record in the country with a timing gain of 174.3% versus a comparable gain in the Wilshire 5000 Total Return Index of 119%.
Mr. Eliades has been a regular panelist on ABC’s weekly Sunday show, Business World, and has made guest appearances on FNN, CNBC, Wall Street Week, and Nightly Business Report. He has been featured in some of the nation’s most prestigious publications including Barron’s, The Wall Street Journal, Forbes and Futures Magazine among others.
Mr. Eliades’ theory of price movement in the stock market relates to repeating cycles rhythms. Fundamental news has no effect on market timing and affects only long-term trends. In over 16 years of uninterrupted market letters, he has rarely mentioned a fundamental news story in relation to the market. Mr. Eliades’ analysis is 100% cyclically and technically oriented.
Stockmarket Cycles provides market timing for the more important intermediate to long term trends for mutual fund switching. Short-term timing is also provided for stock index futures and index options via the daily telephone updates.
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