| I’m making a prediction… and it is this – The S&P 500 Futures will close at or above 1235 before year end… It’s not often that I make predictions like this. In fact, when anyone makes a ‘prediction’ my guard goes up. It’s just my skeptical nature. So I reserve my predictions for the times I think the odds are overwhelmingly in my favor. And right now I think they are. I’ve made a few predictions in this blog through the past few years. At the start of 2010, I said it was time to load up on commodities, and they soared. Then I told everyone to sell them back in April of 2011, and commodities got crushed. But that’s not all… there have been a few others along the way which I’ve reserved for my customers. The most recent one was in October of 2011. It wasn’t an easy ride, we took some serious heat in September… we even stopped out of a few swing trades for some big losses. But just as soon as we stopped out, I issued another buy within days. We bought the S&P 500 futures around 1100, eventually exiting that trade as high as 1250 – over 150 points higher! Those who followed me, stuck to our plan, and took that next trade, could have made out with well over six figures on just one trade, and in less than a month. It was a hard trade to make, but all trades which have potential, are hard to make! So back to today… today I think we have another opportunity, one like we had back in October. It’s not as good, but it still a trade worth taking. You see… the stock market is down this year. Not only are we technically oversold, but there’s another caveat that rings a bell with me, and it’s this. Not once, over the past 70 years, had there been a down year before a presidential election. Funny… Within a few elections from the creation of the Federal Reserve, there hasn’t been a single down year for the S&P 500, the year before a presidential election. Hmm… Now we are in a situation where every year before a presentation election has been an up year – for the last 70 years. It doesn’t take a math major to figure out we have some work to do on the upside over the next 30 days or so to keep up with that theme. We’re going higher before year end. So that’s it… by the end of December, the S&P 500 futures will be above 1235. That’s just about all I can “put my name to…” However, given the oversold level this market, I think even more gains could, and likely will unfold. I’m gearing up for a short-midterm rally. And that’s what my subscribers are doing as well. I’ll keep you posted… Good Trading, Brian Heyliger SixFigureTrader.com Comments Closed |