The prospects for a rising S&P in the second half of December are high:
The monthly cycle bottomed. All five buy signals have been successful in the last year.
The daily cycle rises in the coming week.
From the 15th through the 31st the S&P has risen 75% of the time over the last 40 years.
The coming week is OPEX (option expiration) week which has typically been strong in December.
Blue: Average Percentage Change
Red: Probability of a rise on that day
Green: Expected Return (Product of the first 2)
The Marriott daily cycle is bottoming. The daily cycle buy signals have been profitable in all nine cases in the last year. The sell cycles have also been 100% accurate, one of the few stocks that are in this 100/100 category. The daily rhythm bottoms on the 13th and tops on January 13th. Price may rise to $140 or higher. The weekly and the monthly cycles are also rising.
MAR Daily Cycle
MAR Daily Graph
The daily Advanced Micro Devices cycle (nine of ten have been accurate in the last year) bottom on December 12th and tops on December 20th. In addition, the seasonality is very favorable. Over the last 40 years, the stock has risen in December 68% of the time, its strongest month. Between the 20th and the end of the month, only one day has had a negative expected return. The $145 area is a reasonable target in December.
ADI Daily Cycle
ADI Daily Graph
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