The October Newsletter has now been postedThe attached report is the first three pages of the 25-page October Newsletter. Topics in this month's research publication are: Commodities: It all about gold. International Equities: Mostly overbought. U.S. & Canadian Equities: Overvalued & overbought, and four new Breakout stocks. In the commodity section, WTI price weakness continues into Q4, gold's new upside target, copper finds a floor, and the US dollar points to 94 driven by political chaos and credit downgrades. International Equities face a short-term weakness patch in October, Japan's Nikkei takes the top 90-day performance position, eclipsing the SPX by over 10%. Mexico's Bolsa index finally breaks out, European indexes continue to perform well, and Brazil's Bovespa reaches a new all-time high with mounting momentum. The S&P 500 hits a new overvalued P/E of 25.30, the inverted yield curve of 2022-2024 has an ominous track record for 2026, the Venture Index takes the top performance spot, for the second month, NYSE, S&P 500 and the TSX are overbought, again. To read the complete 25-page October newsletter, go to www.technicalspeculator.com, login and follow the links to the latest research report. Enjoy. |