September Month Ahead Edition

Positive Seasonality Early Next Week

Hey Market Timer!

It’s that time of month again. . .

Our Special Month Ahead September Edition Is Out Today

At the beginning of each month we release a special Special Month Ahead Premium Edition:

  • Receive In-depth Guidance for What’s Next in the Month of September for:

    • Major US Indexes

    • VXX

    • Commodities

    • Crypto

    • Bonds

    • Currencies

If you aren’t subscribed to Premium and haven’t received out full September Month Ahead Edition, don’t despair.

Anyone that upgrades to ANY premium tier from now through September 4th will receive our Special Month Ahead September Edition as a downloadable pdf.

Don’t miss out, upgrade to ANY of our premium options (including our 14 day free trial) today.

Today we will be covering...

Announcements: U.S. markets are closed on Monday, September 2, during Labor Day. The next market update will be on Wednesday, although we may post educational material in the interim.

News Buzz

  • Nvidia’s stock buyback plan is one of the biggest in 2024. 

  • Intel’s stock soars in the hope of a business split. 

  • The Dow Jones Industrial Average® ($DJI) scored a series of new all-time highs in the last several days, lifted by a broadening market featuring strength in sectors outside of tech and the mega caps. Friday marked the fourth record $DJI close last week.

  • Friday's data soothed investors further, with July's Personal Consumption Expenditures (PCE) Price Index up 0.2% month over month, as analysts expected. Core PCE, which excludes volatile food and energy, rose 0.2% for the month and 2.6% from a year ago, below the 2.7% consensus, helping firm notions of a 25-basis point Fed rate cut in September.

We’d like to take break in our “regularly scheduled programing” to say Thank You for your responsiveness to our sponsors’ and partner ads, it greatly helps us publish this newsletter for free.

Today we have a message from: WebStreet

Where Diversification Meets 11.4% Cash Returns 📈

Our friends at Webstreet are launching their eighth fund.  WebStreet buys and operates cash-flowing websites and SaaS businesses for accredited investors to invest in.  So far WebsStreet has delivered 11.4% cash returns and is on track for 20%+ IRR.

Stock Market Overvaluation

  • Stock Market overvaluation is historically extreme, based on various metrics.

  • A red flag for LT stock market prospects.

  • Expect possible negative returns in the next decade.

  • Not an ST timing signal.

Margin Debt

  • Margin debt fuels stock.

  • It is in a danger category, as I shared many of the LT indicators over the last few months.

  • Not an ST timing signal but an indicator of negative LT stock market prospects.

  • I like establishing an LT position during the culmination of selling due to margin calls, which is not any time soon.

Can’t get enough of high quality newsletters?

Check out this #FREE #newsletter. Just click the link below.

This greatly helps us to publish our free newsletter.

Recommended Newsletter
  • Consider following me on X (former Twitter) in addition to the newsletter, as I often post valuable information there in real time between the newsletters. On Friday afternoon, I posted a newly generated target for Bitcoin.

Lemon Squeeze GIF by MasterChefAU

Gif by MasterChefAU on Giphy

Market Summary

As of the market close on 30 August 2024.

What Has Been

  • We warned premium subscribers about a possible turnaround on Thursday, given the positive seasonality of Labor Day and the beginning of September, plus our ST cycle indications and EW counts. The market obliged.

  • The SPX climbed 56.44 points (1.01%) to 5,648.40, roughly flat for the week. 

  • The $DJI rose 228.03 points (0.55%) to 41,563.08, up almost 1% for the week. 

  • The Nasdaq Composite® ($COMP) added 197.19 points (1.13%) to 17,713.62, down nearly 1% from a week ago.

  • The 10-year Treasury note yield (TNX) climbed three basis points to 3.91% but fell about 20 basis points in August.

  • The Cboe Volatility Index® (VIX) fell moderately to 14.96, well below levels above 30 recorded earlier this month.

To continue reading about What’s Next, US Markets, volatility, commodities, currencies, bonds, forex, or crypto, upgrade to Premium Pro. . .

Can’t get enough of high quality newsletters?

Check out this list of #FREE #newsletters our readers love. Just click the link below and subscribe to your new perfect newsletter.

This greatly helps us to publish our free newsletter.

Have a question? Want to leave us feedback?

Contact us at: [email protected]

Read our Disclaimer

Subscribe to the Pro Tier to read the rest.

Become a paying subscriber of Market Twists & Turns - Pro to get access to the rest of this post and other subscriber-only content.

Already a paying subscriber? Sign In.

A subscription gets you:

  • • All the benefits of our Free and Basic tiers, plus
  • • Ad free
  • • Downloadable pdf version of the full length newsletter
  • • Updates and opportunities 4-5x/week on
  • • Individual major stocks and ETFs
  • • International markets, forex, cryptocurrencies, bonds and commodities
  • • All featuring advanced cycle methods for market timing with expert Elliott Wave and technical analysis, and more...

Reply

or to participate.