Member Info for Svend

Mr Market showed an inside week last week. Currently in a similar pattern with steady inside daily bars (5200 middle of the range 5140/5265) ahead of the CPI number coming out at 12:30 estimated y/y at 3.4% which may result in a potential change of direction retreat/pullback or continued higher highs depending on the readings all whilst the underlying volume has seen below average trading since early March.

If RR can close above resistance at the #4's i.e. 444 then it's back to rocking roll times let's get ready for the next sling shoot to the moon towards the magic cheese #£7 and beyond, which remains just the 1st stop-off point on a long space jump inspired increase in SP by Jules Verne and the technicals are in alignment on the 1-year charts time for a potential parabolic double the space move. IMOO DYOR GLA

Bav1975 agrees context is everything unless we see a movement over 5% It just markets normal noise where either the sell or buy side tries and get their positions closed out however bearing in mind Mr Market had a pause yesterday (inside daily bar) and the CPI is due out tomorrow.

Hi, They recently announced a significant investment plan of €41 billion by 2026. This focuses on renewable energy and grid modernization, aligning with the global push for clean energy [Iberdrola Strategic Plan 2024-2026]. The consensus estimate from analysts that cover the company price target is now 12.68 onward and upwards

Yes the copper price looks like it wants to climb towards 5 again where it was rejected back in 2021/22 a new fresh break out in copper prices and the SP becomes El Gordo onward and upwards. 😎

Mr Market (SP500) has risen for the past 23 consecutive weeks with higher lows it's only Tuesday with 4 trading days still to go is it too early to call IF this week it is time for a little retracement or maybe it is Turn around Tuesday?

Bigtimebilly > You're right, there's a seasonal trend in the stock market with historically better performance from September to April. But interestingly, election years seem to be somewhat separate from this seasonal pattern.

Studies have found:

Overall, election years tend to be positive for the stock market. Looking at historical data, the S&P 500 (a major stock market index) has on average gained around 7-11.6% in election years, which is equal to or slightly better than typical years [US News, BlackRock].

Performance might be even stronger in re-election years for presidents, with some studies suggesting an average gain of over 12% [U.S. News].

The second half of election years often see stronger gains compared to the first half [BlackRock].

So, while the September-April seasonality might hold true in general, election years appear to be a period where the market performs well regardless of the specific months.

As always things to keep in mind:

Past performance is not a guarantee of future results.

Other factors like the economy, interest rates, and global events can significantly impact the stock market.

While election years themselves might not disrupt the seasonal trend, it's always wise to consider the broader economic picture when making investment decisions.

Yes closing in quickly now on the 444 targets 🤞

Yes nice launch pad on the moon for further explorations into the galactic including Mars👍

It was a great start to the week considering the SP 500 is closing unchanged. Have, a great one my friend and enjoy the evening ahead and best of luck.

Yes, both are out now out the gate and running up the page meanwhile the copper price is starting to break higher along with the break out in the gold price. It is an interesting race 👀🤣

''The ship just departed from pier 428 . ?'' Ayy Ayy heading for ATH on course 444 northerly direction on full thrust.

I agree with you both (Badland/NTC) Some birds can fly into the wind with a greater velocity than their own maximum speed and still move forward, although the reasons for this are not known. (Maybe some backdraft at play..)

Same here who do you think shall win the race and get to this price first? both have nice catalysts in the making and yes I agree Boeing is facing some serious headwinds potentially favouring more big customers for RR.

Quick Question: Who is the first to hit the SP @ 444's RR or ATYM > I think both have V C P signature (Mark Minervini) 👀

I love the 747 question: Who is the first to hit the SP @ 444's RR or ATYM > I think both have V C P signature (Mark Minervini)

Runner2018 - If you place a 1-year chart of the SP performance since 2015 it reads 505p down to 138p counting including div it is slightly less painful from a price of 285 to 138 but are they ever going to harvest any fruits from their role out into China?

Trello I think RR is on a Roll they seem firing on all cylinders as most of the general overseas markets are all recovering fairly fast & well following the WW lockdown period add the 'extra' defence investments being announced and add to the top of the tree the prices that may follow soon once SMR orders are confirmed in place. Mr. Market Wall St. had an inside Friday and no real Fed action. Until this scenario changes course we may have a plan going forward.

Hi Olmedo the banker's great read indeed legalised piracy and always will. Thank You

Yes 23 weeks of higher lows staying the course