Folks,
Market Observations for the Week: The SPX made a correction low at 6838.8 on Wednesday which is the exact 49-day trading day cycle from the key 11/21 low but we could still see lower lows into Thursday/Friday. The SPX may be making a “rounding top” here with the XLF topping on I/6/26 and the XLE rotating into leadership on 2/4/26. When Uranus turned direct on late Tuesday, silver and gold peaked out shortly after and maybe about to make a B-Wave test of the 1/30 lows into Friday. Geo-political news from Iran and the Bomb Cyclone storm impacting the eastern US gave oil a boost this week which favored our oil stocks: XOM/CVX/COP/SLB. Stock selection will be key going into 2026, and we do favor an important intermediate peak in the SPX in Q1. The XLE is coming into a seasonally strong period and is favored in our work for 2026 – we also like the MOO ETF(agricultural). Our current investment positions were updated on the 1/30 close: 20% cash, 0% SLV, 10% DIA, 10% MOO, 25% GDXJ/SILJ/XLE, 15% XOM/CVX/SLB and 20% physical gold/silver/platinum. We have a 25% overall allocation to our short-term trading account which was last updated on 1/30 to include: 60% cash, 0% SLV, 0% SILJ, 0% Barrick, 20% DIA, 20% XOM/CVX/SLB.
TURNING POINT DAY
Our turn window for this week is 2/2-2/3, the Full Moon Timing Window.
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