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June 1, 2023 | Is the Rush to AI a “Bull Trap”?
Mark Leibovit
MARK LEIBOVIT is Chief Market Strategist for VRTrader.Com. In the January 2, 2020 edition of TIMER DIGEST, Mark Leibovit was ranked the #1 U.S. Stock Market Timer and was previously ranked #1 Intermediate U.S. Market Timer for the ten year period December, 1997 to 2007. Mark's extensive media television profile includes seven years as a consultant ‘Elf’ on “Louis Rukeyser’s Wall Street Week” television program, and over thirty years as a Market Monitor guest for PBS “The Nightly Business Report”. His comprehensive study on Volume Analysis, The Trader’s Book of Volume published by McGraw-Hill is a definitive guide to volume trading. It is now also published in Chinese.
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Mark Leibovit Archives June 1st, 2023
Posted In: HoweStreet.com Radio
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Jim, Mark has said many times on your show that he sees a correlation with the position of the earth in its orbit around the sun and the stock market.
More precisely, he has said in so many words that intermediate term highs and lows in the general stock markets tend to occur in close temporal proximity to the spring and fall equinox, and the summer and winter solstice. This idea seems absurd on its face, but the correlation does seem to exist on the charts. Can Mark venture a guess as to why this might be?