• APRIL 4th General Meeting Beginning at 06:30 PM

    SLC Conference Center

    Daryl Montgomery will be back in New York in April and will be running and speaking at the meeting. Please note that the meeting begins at 6:30 PM. Meetup's new and "improved" computer system won't let me enter a 6 in the time field. We will be doing the usual review of the global stock, bond, currency, and commodity markets, this time with either weekly or monthly charts. While many parts of the U.S stock market are at the same price level they were at in early 2018, the technicals underpinning the market have been trending signficantly on the longer-term charts. David Harris, PhD will be revealing if his model is indicating if the US market is topping out again. The current market rally is based on a V-shaped bottom, a pattern which is usually not stable in the long run. His model (in development for 12 years) will give us another perspective. MEETING DETAILS: Time/Date: Thursday, April 4th, 6:30-8:30 PM Location: SLC Conference Center, 15 W 39th St - 3rd Flr Cost: $12 at door or via PayPal by clicking: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=5RBSHK5BCNE7C

  • January General Meeting

    SLC Conference Center

    The New York Investing meetup will have its January general meeting on Thursday, January 24th from 7:00 to 8:30 PM at the SLC Conference Center at 15 W 39th St - 3rd Floor. The entrance fee is $10. The stock market turned ugly in December. Key support levels were broken and the technical indicators turned very negative. Stocks were so oversold by late in the month that a relief rally was inevitable. This has helped US stocks to go up in early January. A rally in early January is considered a postive sign for market performance for the year, although this year it might be purely coincidental. If this is confirmed by an up move for the entire month of January itself, this will provide more confidence that it is actaully a bullish signal. Powerful, sudden rallies in bear markets are of course common, so we are not out of the woods yet. While the picture based on technical analysis looks bad, we need to check in and see what David Harris' Market Timing model is indicating. David will be gving the main talk at the January meeting. Kelly Killian will be letting us know what is going on in the real estate market. Date/Time: Thursday, January 24th, 7:00-8:30 Place: SLC Conference Center, 15 W 39th St - 3rd Floor Speakers: David Harris, PhD and Kelly Killian

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  • August General Meeting

    SLC Conference Center

    Recent events have shown just how pumped up with air the stock market is. Facebook dropped 19% in one-day, the biggest decrease in market cap ever for a US stock, and then Twitter dropped 21% the next day. Apple just became the first stock with a trillion dollar market cap. Facebook and Twitter show us that pumped up valuations can disappear over night. In 1987, which had similar issues to today's market, a 40% drop took place in the crash, although some stocks dropped as much as 80% or 90%. People who had been accumulating profits for years saw them wiped out right before their eyes and could do NOTHING about it (brokerage houses stopped processing orders). Come to the August 23rd meeting (I'm back from Texas, but will be returning, so this may be the last time you see me this year), to find out what's going on. David Harris and I will show you what are separate analyses are indicating. The meeting begins at 6:30. For some reason, the crack Meetup computer system will not let me enter the number 6 in the WHEN time slot. Date/Time: Thursday, August 23rd, 6:30-8:30 PM Place: SLC Conference Center, 15 West 39th St. - 3rd Floor Admission: $12 at the door or through PayPal at: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=34FCLHECJTAVS

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  • May General Meeting

    SLC Conference Center

    The May meeting is scheduled for Thursday, May 10th and will be run by David Harris, PhD (I will still be in Texas). He will be telling us what his stock market timing system is saying now. It predicted a top in the Dow in January, as so far that has proven to correct. Kelly Killian will be speaking about Real Estate. Cannibis (pot) and hemp investing top expert Scott Giannotti is back on the agenda after deciding he just couldn't leave town after making a commitment to speak to our group. Since there is no April meeting, a 28-page newsletter with 35 monthly charts (the long-term perspective) fully analyzed is available for April. It covers stocks, bonds, currencies and commodities . You can have the April newsletter emailed to you by making a payment of $10 through PayPal at: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=YFDMT7ZLV79XA . You don't need to have a PayPal account, but can use a major credit card. The May newsletter, which will analyze weekly charts) should be available the day of the meetup. Our friends at Metastock are having a presentation in New York at on Sunday, May 20th. As of this writing, US stocks are still holding on, but the technical indicators are deteriorating. The S&P 500 broke and closed below its 200-day moving average on April 2nd, which can only be described as bearish. Stocks have also consistently experienced large moves up and down since the beginning of the year. This is typical of a market top, and frequently indicates an impending bear market or even a crash. Oil has hit a new multi-year high recently, which is bullish. It looks like a multi-decade trend has reversed on a key asset, and this will impact the market for the next 20 years or more. This will be covered in detail in the May newsletter. While the US market can still be considered bullish, more serious deterioration has taken place in at least one major market in both Europe and Asia. The global synchronous rally that lifted all stock markets everywhere is definitely being challenged. May Meeting Details: When: Thursday, May 10th, 6:30-8:30 PM Where: SLC Conference Center, 15 West 39th St - 3rd Floor Speakers: David Harris, PhD, Kelly Killian, Scott Giannotti Admission: $10 payable at the door or through PayPal at: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=A9L4XH26AHX72

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  • February General Meeting

    SLC Conference Center

    A million thanks to ABC News for coming to the January meeting. If you were sitting at home watching TV, you could have come to the meetup and been ON TV instead. The Dow dropped 666 pts on Friday, February 2nd, and 1175 pts on Monday, February 5th. We were shouting from the rooftops at the January meeting that stocks were extremely overvalued, and in the long term they will have to go down a lot to compensate for going up too much. The first shot across the bow was just fired in early February. It is vital that you keep a close eye on the market from now on. Whether the drop will take two and half years like it did in 2000 to 2002 or a year or so like in 2008, or be sharp and sudden like the October 1987 and October 1929 crashes, remains to be seen. The only equivalent stock crash that took place in March/April, was in 1907. David Harris, PhD and I will be looking for any trouble signs in the current state of the stock market using our own unique approaches. Don't miss this meeting. When: Thursday, February 22nd 6:30-8:30 PM Where: SLC Conference Center - 3rd Floor, 15 West 39th St. Admission: $12 at the door or through PayPal at: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=6C5LCAUL7KFQ2 Daryl Montgomery, Organizer, New York Investing meetup

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  • January General Meeting

    SLC Conference Center

    CBS News may be coming to our January meeting to do some filming. Our first meeting of the new year will be on Thursday, January 25th at the SLC Conference Center located on 15 West 39th St from 6:30-8:30 PM. We will have at least two speakers, myself and Dr. David Harris. We will be reviewing asset performance in 2017, and making some predictions for 2018. The first trading week of the year can provide valuable insights into where big money is flowing. We are watching this closely. This may be somewhat skewed this year, however, because the weather has interfered with trading. But, so far, it looks like the stock market is maintaining its bullish stance. We will see what David Harris' timing model indicates. As for commodities, the only major investing class globally that is not in a bubble, there has been a significant breakout in Oil, something I've said for months would be happening. Industrial metals, such as copper, were already showing strength in 2017. Will gold and silver join the party in 2018? Make sure you get the information needed to protect your gains and adjust your holdings to make 2018 a profitable investing year. Details: Date/Time: Thursday, January 25th, 6:30-8:30 PM Place: SLC Conference Center, 15 West 39th St, 3rd Floor Admission: $12, paid at the door OR by PayPal at: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=MH6DEBQNQ6YE2 Looking forward to seeing you at the meeting. Daryl Montgomery, Organizer, New York Investing meetup

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  • November General Meeting

    SLC Conference Center

    While the holidays are coming, this is NOT the time to take your eyes off the markets. Bubbles are everywhere and like balloons, they can rise only so high before they burst. Stocks are still in rally mode, but US indices are severely overbought. The Dow Jones is overbought on the daily, weekly and monthly charts. At the very least a short-term correction will be needed to take the pressure off. It could easily become a long-term one, but that remains to be seen. Meanwhile under priced commodities are beginning to stir. Oil is attempting a major breakout. As of this writing, Bitcoin has reached $6300. It is in one of the biggest bubbles of all time and rates up there with the infamous Tulip Bubble in Holland in the 17th century. We will sort it all out for you at the November meeting. I will be giving a market overview of stocks, bonds, currencies and commodities, David Harris will be showing us what is market timing model indicates now, and Kelly Killian will be discussing the real estate market. Date/Time: Thursday, November 16th, 6:30-8:30 PM Place: SLC Conference Center, 15 West 39th St-3rd Floor Admisson: $12 at door or by PayPal at: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=35BGJK7EDV6FQ AGENDA Daryl Montgomery: Update on Stocks, Bonds, Currencies, & Commodities Kelly Killian: Update on the Real Estate Market David Harris: PhD: What is the Market Timing Market Indicating Now?

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  • October General Meeting

    SLC Conference Center

    We will be meeting on Thursday, October 12th. While not much seems to be taking place on the surface of the market, there are always things happening underneath. A major breakout in OIL took place on September 25th. We have to see if it holds. Gold also needs to be watched carefully for a potential breakout. David Harris will be updating us on what his market timing model is saying now. US stocks are continuing their slow march upward. Emerging Markets are bullish as well. The dollar seems to have entered a sideways pattern. How long will all of this continue? We will be looking at the technicals on the charts to find out in my talk. We might have a surprise guest. Time/Date: Thursday, October 12th, 6:30-8:30 PM Place: SLC Conference Center- 3rd Flr Admission: $12 at door or through PayPal at: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=STH86BAXGPRMC AGENDA Introduction David Harris, PhD: What is the Market Timing Model Indicating Now? Possible Surprise Guest Daryl Montgomery: Overview of Stocks, Bonds, Currencies and Commodities

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  • Monthly Meeting - September 14th

    SLC Conference Center

    The fall should be an interesting time for the markets. Statistically, September is the worst month for stock performance. Almost all major crashes have taken place in October. Depending on events, politics is currently very unpredictable, we would more likely see a peak in stocks this fall than a crash. A "surprise" event could easily tank the market however which hasn't been on solid footing for some time now. David Harris will sort out the possibilities with his market timing model, which has been under development for over 10 years. Then, I will look at stocks, bonds, currency and commodities using classical technical analysis. This should offer some clarification on the market's direction. Underneath the surface, things are churning. While stocks have been holding up, the U.S. dollar has been in a strong sell off since the beginning of the year, and industrial metals have recently been surging. Oil is stuck in a holding pattern, but gold looks ready for a breakout. Date/Time: Thursday, September 14th from 6:30-8:30 PM Place: SLC Conference Center, 15 West 39th St - 3rd Floor Price: $12 at the door of through PayPal at: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=47F834CQN99XN AGENDA: 6:30- 6:45 Daryl Montgomery: Introduction 6:45- 7:30 David Harris, PhD: What is the Market Timing Model Saying Now? 7:30-8:40 Intermission and Networking 8:40-9:30 Daryl Montgomery: A Technical Look at stocks, bonds, currency, and commodities

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  • June General Meeting

    SLC Conference Center

    June 15th will be the last meetup until August or September. We will not be meeting in July. We may/or may not meet in August. As we said months before the 2016 election, politics would drive the markets until 2018. This seems to be playing out as predicted so far. The Dow has moved sideways for the last three months, while Nasdaq has consistently, but slowly moved higher. The dollar, on the other hand, peaked at the beginning of January and has steadily moved down during the last five months. It's lost its entire "Trump rally." Gold has been moving up in response. Oil has continued its sharp up and down moves, which have been going on for a year now. While the situation is relatively placid now, it is not likely to remain that way. A major crisis with North Korea is lurking in the background. Serious legislative fights are likely to take place over the budget and Trump's tax plan. Stocks rallied after the election on the promise of big tax cuts for corporations. Once the market decides that's not going to happen, it will likely sell back down to where it started. A FED that is in rate raising mode is going to add another headwind to stock prices. We will sort tit all out for you at our June meeting. DATE/TIME: Thursday, June 15th 6:30-8:30 PM PLACE: SLC Confernce Center, 15 West 39th St - 3rd Flr ADMISSION: $12 by PayPal or exact change at the door. Go to: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=2VUZQZEZ8WNRC (https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=2VUZQZEZ8WNRC) AGENDA: David Harris, PhD -- What Does the Market Timing Model Indicate Now Daryl Montgomery -- Update on Stocks, Bonds, Currencies, and Commodities

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