- Market Twists & Turns by BraVoCycles Newsletter
- Posts
- Shake It
Shake It
Bulls-Bears Battle
Hey Market Timer!
It’s that time of month again. . .
Don’t Miss our Special Month Ahead September Edition
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
Anyone that upgrades to ANY premium tier from now through September 4th will receive our Special Month Ahead September Edition as a downloadable pdf when its released September 1st.
Don’t miss out, upgrade to ANY of our premium options (including our 14 day free trial) today.
Today we will be covering...
News Buzz
Dell’s stock gets a boost as earnings show huge growth in AI servers.
Marvell’s stock rises as earnings report brings an improved growth forecast.
Rate cuts won’t fix the $35 trillion U.S. debt problem.
Dow scores 25th record close of the year, while S&P 500 and Nasdaq slip.
Nvidia's 6% fall hurt other semiconductor stocks and crashed the market's early party. Rotation into sectors, including industrial and financial sectors, sent the DJIA to a new record.
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: Cozy Earth
Upgrade Your Sanctuary with Cozy Earth Bamboo Viscose Sheet Set
After a busy day, there's nothing better than unwinding in bed, catching up on your favorite show, and simply chilling out. But for true relaxation, ordinary sheets just won't cut it - you deserve the pinnacle of luxury. Introducing Cozy Earth sheets. Crafted from 100% premium bamboo viscose, a soft and sustainable fabric, these sheets offer unrivaled softness that will make it hard to leave your bed in the morning. Plus, they're designed to become even cozier with every wash, ensuring years of blissful sleep. Experience the height of comfort with Cozy Earth sheets, and with their 100-night risk-free trial, you can try them out with complete peace of mind.
Elevate Your Sleep Sanctuary Today. . .
Ethereum vs Bitcoin
Based on the ETH-BTC pair cycle composite, ETH may outperform BTC in the next few months, regardless of their general direction to USD.
How to play this? Long ETH, short BTC?
Which Do You Prefer?
Ethereum vs Bitcoin |
Gif by xbox on Giphy
Market Summary
As of 5 pm EST on 29 August 2024.
What Has Been
A mini turbulence yesterday. After solid NVDA earnings on Wednesday in the AH session, SPX and NDX sold off only to rally strongly overnight and on Thursday until mid-day, then sold off into the close. Looks like a typical bull-bear battle.
The SPX fell 0.22 points (0.00%) to 5,591.96; the $DJI rose 243.63 points (0.59%) to 41,335.05; the Nasdaq Composite® ($COMP) dropped 39.59 points (–0.23%) to 17,516.43.
What’s Next
As I do not have much new information, I will maintain the same view as on Thursday.
Some indexes will likely see new highs, e.g. DJI and SPX, while others may or may not.
Based on the most likely EW counts, RUT is the least likely to make a new high, although the market breadth may be in favor of broad indexes.
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.
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 (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 Elliot Wave and technical analysis, and more...
Reply