Trade Alert: Update, plus trades for new members …

Just an update here, not all that much going on in the markets, but I want to tell you what I am seeing and thinking here. So, let’s get to it!

First, with only 12 days before the elections, keep in mind that the markets are likely to be quiet, trade mostly sideways, and wait with bated breath for the results to come November 8.

It isn’t going to matter one bit at all who wins come election day, but a lot of experienced and inexperienced investors don’t want to do much ahead of time.

They have either prepared their finances and trades already for what they think is going to happen … or, they will make their moves immediately after the results come in.

Either way, as a member of Supercycle Trader, you know that the markets are controlled by forces much larger than any one individual. Any one central bank. And bigger than any one government. Or, for that matter any combination of individuals … central banks … or governments.

The same can be said for entire economies and even the global economy. These are the forces and cycles that I monitor from the largest to the smallest and which help me forecast the major twists and turns in economies and in markets.

The same models – like a microscope – can be used to drill down to the smallest market moves even for day trading.

The discovery of this phenomenon has taken me a lifetime of work. But it has been a wonderful journey, teaching me much about the world, allowing me to see things and relationships between countries and markets that others can’t or won’t see …

While also allowing me to protect and grow my family’s wealth. Supercycle Trader is about doing the same for you and your family.

Now, to the markets, mainly two that I want to review today: Gold and crude oil.

Here is my latest AI model for gold. You can see that the forecast remains on track for a strong rally into December.

However, the action of late, with gold having trouble at the $1,275 level, concerns me a bit. It could simply be gold biding its time for the elections like so many other markets are doing, or, it could indicate some short-term weakness lies ahead.

Either way, the cycles are pointing decisively higher. We just need to be patient. A close above $1,275 in the December futures should ignite a strong rally and I expect to then recommend adding to positions in both gold and silver, not to mention miners.

Now, here’s crude oil: Oil is in trouble. Despite seemingly bullish news on inventories, rig counts, and of course, OPEC production cut agreements …

My work shows oil sliding all the way into February of next year, possibly making a new low below $26 a barrel.

Hard to believe, but that’s what the models say and it’s not hard to make a fundamental case for lower prices either. OPEC will not be able to cut production; they need the revenue. OPEC is no longer calling the shots. U.S. producers are. If we want to break the back of Russia for instance, we can flood the market with oil (and natural gas).

And then there’s global economic growth, which is meager at best. Even a war at this time – unless it’s in the Persian Gulf or South China Sea – would probably not prevent oil from sliding again.

So, for now, hold all positions. I will only add to positions if I get solid signals. Be patient, and let others jockey for the elections. We know where the markets are headed and I will recommend adding at the appropriate time.

For New Members, Only:

Hold all other positions and stay tuned …

Best wishes,

Larry