Photographer: Michael Nagle/Bloomberg
The first part of June will likely be the strongest and the second half is likely to be the weakest. Expect an S&P top near the 18th. The S&P has clearly broken out of a consolidation to a new high. The breakout counts to 4350. The index is unlikely to reach that goal in the next week but will likely do so next month.
The S&P 400 has been strong, up 18.4% in 2021. Here are pair of short-term buys.
The Williams Sonoma daily cycle turns up from June 15th through July 15th. All eight daily buy signals have been profitable in the last year. The weekly and monthly cycles are both on buy signals. The shares are likely to move closer to $185.
Chart 1: Williams Sonoma Daily Cycle
This cycle yields a buy signal now.
Chart 2: Williams Sonoma Daily Graph
The stock is oversold.
The Boston Beer daily cycle hits a low on the 15th, and tops on the July 15th. All ten buy signals have made money in the last year. The monthly cycle is also on a buy signal. The stock is due to rise closer to $1150.
Chart 3: Boston Beer Daily Cycle
This accurate cycle is flashing a buy signal.
Chart 4: Boston Beer Daily Graph
The stock has been weak but due to rally in the coming week.
