When Does This Selloff End?
In my last newsletter,I discussed cycle projections for the S&P 500, i.e., a rally and then down into a mid-September low. The recent price action in the stock market may have many of you wondering when to open long equity positions.
My cycle work suggests we can step back into the buy side between August 16 and August 20.
I mentioned a handful of strong stocks in the newsletter that you should continue to monitor—Tesla Inc. (TSLA), Meta Platforms, Inc. (META), Alphabet Inc. (GOOG), CrowdStrike Holdings, Inc. (CRWD), Apple, Inc. (AAPL), Microsoft Corp. (MSFT), and NVIDIA Corp. (NVDA).
I will elaborate on the cycles in our next family gathering, which is scheduled for August 22. Please let me know which stocks and topics you want to learn more about. I look forward to a very interesting discussion.
Good Luck and Good Trading,
Larry Williams
If you have questions for Larry that you'd like addressed in future postings, please email familygathering@stockcharts.com.