The stock market is likely to extend this December rally into January. The next correction is due in February and March. Note that February in a post-election year has been the weakest month in the 48-month election cycle. This was first brought to Wall Street’s attention by Mr. Arthur Merrill in his classic book, Behavior of Prices on Wall Street. Looking out at the rest of 2025, expect higher quotes. Outside of these two months, only June and August-September appear to be corrective periods.
Grindr Inc. operates social network and dating application for the lesbian, gay, bisexual, transgender, and queer (LGBTQ) communities. This stock was recommended for purchase on October 21st at $12.72 per share. The price closed at $19.62 today, a 54% increase. Let us look at the monthly cycle as a guide. The first is a close up that suggests a top going into mid-January. The second projects a low in July. The monthly seasonality shows a January high, but we have only four years of data. Thus, all cycle projections should be considered with the proverbial grain of salt. In the third graph, we see the technical picture.
Grindr Monthly Cycle 1
Grindr Monthly Cycle 2
The daily graph reflects an uptrend. Relative strength versus has been rising since the autumn of 2023. The share price is likely to move closer to $30 over the coming month before a 2025 correction sets in.
Grindr Daily
Tesla was recommended for purchase on October 23rd at $213.65. The stock closed over $460 today. The weekly strip depicts the breakout from a long consolidation pattern. This breakout projects a share price in the $550-$650 area. The monthly cycle was the clue that preceded the breakout. This accurate cycle does not top until June of 2025.
Tesla Daily, Weekly, Monthly
Tesla Monthly Cycle
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