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Avi Gilburt – Preparing for a Long-Term Bear Market

Cory
September 27, 2024

Avi Gilburt, Founder of the Elliot Wave Trader and Safer Banking Research is back on the show! Avi joins me to provide an in-depth analysis of his current market outlook. 

 

Avi is now predicting a long-term, possibly two decade long bear market. He outlines key signals to watch for, possible market corrections, and strategies to consider, including moving to cash and evaluating safe banking options. Avi also covers the potential impact on various asset classes, including gold, commodities, and the dollar.

 

Click here to visit the Elliott Wave Trader website. 

Discussion
15 Comments
    Sep 27, 2024 27:01 PM

    I haven’t listened yet but I completely agree about the setup for a long term bear. There’s more “it’s different this time” mentality than ever so it will be a brutal bear.

    Today’s action in the miners makes sense but it would be great if Monday delivers plenty of strength to end the month and quarter.
    https://stockcharts.com/h-sc/ui?s=SILJ&p=D&yr=1&mn=1&dy=0&id=p92596903602&a=1790557080

    Reply
    Sep 27, 2024 27:06 PM

    Today’s action stuffed the XAU back below a big breakout level but it wouldn’t take much on Monday to get back what we want to see for the quarterly close. Either way we’re in good shape.
    https://stockcharts.com/h-sc/ui?s=%24XAU&p=Q&yr=35&mn=0&dy=0&id=t4264484671c&a=1748427858&r=1727463436091&cmd=print

    Reply
    Sep 27, 2024 27:08 PM

    IPT vs QQQ took back its 200 day MA on Wednesday and backtested it this morning…
    https://stockcharts.com/h-sc/ui?s=IPT.V%3AQQQ&p=D&yr=0&mn=11&dy=0&id=p18899144599&a=1718741939

    Reply
    Sep 27, 2024 27:12 PM

    Silver is about to obtain its 5th straight monthly close above its highest monthly close of 2020 as well as its best monthly close in 12 years…
    https://stockcharts.com/h-sc/ui?s=%24SILVER&p=M&yr=17&mn=0&dy=0&id=t1952420509c&a=895534628&r=1727464165087&cmd=print

    Reply
    Sep 27, 2024 27:16 PM

    Here’s another chart that will lose its breakout level because of today’s weakness but it could get it back on Monday for the monthly and quarterly close…
    https://stockcharts.com/h-sc/ui?s=%24SILVER&p=Q&yr=30&mn=0&dy=0&id=t3258316647c&a=781484393&r=1727464383986&cmd=print

    Reply
    Sep 27, 2024 27:17 PM
    Sep 27, 2024 27:31 PM
    Sep 27, 2024 27:05 PM

    IPT finished the week well off its high but still up 11% on its best volume since May.
    https://stockcharts.com/h-sc/ui?s=IPT.V&p=W&yr=5&mn=0&dy=0&id=p09479185048&a=1778021324

    Reply
    Sep 27, 2024 27:29 PM

    Hi Matthew – Thanks for all the charts and analysis. Monday will be interesting to watch. Seems like we could be in for a bit of a pause come October.

    Reply
      Sep 28, 2024 28:56 AM

      It’s too bad those monthly and quarterly charts have such a sort shelf-life. I hope you saw them before they went bad.
      I really want to see more strength on Monday!

      Reply
        Sep 28, 2024 28:59 PM

        I saw them all. Good stuff.

        Reply

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