John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Chip McVickar who wrote (18568)

1/3/2017 6:34:33 AM

From: John Pitera

of 33421

the first half to 2/3 of the 7th year of the decenial pattern is very bullish...

I am feeling very bullish on US equities..... more bullish than the weekend prior to the election.

The guys at UBS and a couple of other places had a 13.9 year cycle that they were talking about back in 2013.. that cycle was set to bottom in Oct of 2016, as cycle theorists know, that when a market is very strong the downward phase of the cycle on keeps the market going sideways. You can tell the cycle has ended when prices have an explosive upmove after the cyclical downward forces dissipate.

I will absolutely not be bullish all year on stocks.... but the next 3 weeks and 6 weeks feel like animal spirits.
go SPX 2478... that is probably a May 2017 number.

JP

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