David Hunter @DaveHcontrarian Twitter profile | Pikagi

Pikagi

David Hunter

@DaveHcontrarian

201,803

Followers

49

Following

93

Media

52,218

Statuses

Contrarian Macro Strategist w/50 years on Wall Street

Joined October 2013

Don't wanna be here? Send us removal request.

Pinned Tweet

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

@MoscoviciRachel I do not provide an advisory service or trading advice ever nor do I deal in crypto ever. There are many fake accounts on Twitter & Telegram pretending to be me & trying to scam people. Report them & let Twitter know they tried to take your money under false pretenses.

196

44

880

Last Seen Profiles

@frkbagci

@JilbobHot

@Michael_J_New

@Tohoku_HORNETS

@Ksoze69

@FakeBenJay

@AnistonSQL

@itsMEaubrey

@imdsk1231

@gregoire_placca

@JnixSkizzo

@JilbobHot

@natescottwvu

@UptownBimbo

@kutabare_ks_m9

@deathinparadise

@misato326469117

@RoyoJan

@AaliyahSamoo

@deelicated

@mantan13060

@Lamide_xox

@maketheQttt

@7738san

@pengen_stw

@Ahmadkashmiri17

@itsMEaubrey

@neshenda30

@MichalLubowicki

@ZurilmaBrito

@bunedirbirader

@ErenAktan

@athnaburag

@rahool360

@JamesFaris_

@ozdirectorz

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

A melt-up is just ahead.Likely to be the biggest,steepest rally in the post WWII era & will be a broad rally with both growth & value,large & small caps participating.Commodities,industrials,tech including FAANG,semis & ARKK,autos,airlines,steel,financials & miners will all play.

715

676

5K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

The rocket is ready to leave the launch pad.The melt-up is getting underway.Investors are about to discover what a real melt-up looks & feels like. S&P to 6000,DJIA to 45,000,Nasdaq to 20,000 & RUT to 3,000 in coming weeks & months.Growth & value,large & small cap will all play.

591

617

5K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

We are at a major inflection point & I couldn't be more bullish. Bearish sentiment is so high it looks like 2003, 2009, 2016 & 2020. This will be steeper & faster than any of those big rallies & it is just getting started.S&P to 6000,Nasdaq to 20,000,DJIA to 45,000,RUT to 3000.

601

594

5K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

In my 48 years of doing this I have never seen a bull market that was viewed with such skepticism. Any short pullback is met with a rash of calls proclaiming the bull market over & disaster ahead. That's not how sentiment will look at the top. Investors will be all in at the top.

284

462

4K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

The melt-up is underway. As I have said previously, I expect it to be a broad,steep rally with both growth & value & large & small cap playing. Semis, FAANGs, industrials, airlines, autos, commodities incl copper & steel,miners, financials & even small cap tech will perform well.

451

437

4K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

We're nearing the end of this correction.Sentiment is very bearish.Can still test the lows & perhaps even make lower lows but a historic melt-up is about to get underway.The economy's decelerating & the tightening narrative is peaking.S&P to 6000,Dow 45000,Nasdaq 20000 & RUT 3000

363

440

4K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

The pullback appears to be over & the market is beginning to move up out of the correction it has been in all year.Melt-up will follow. Tech looks particularly good here. Nasdaq to 20,000 & QQQ to 500. Semis were hit hard in the pullback but poised for a run to $400.

770

410

4K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Bond rally has begun. Should see 10yr yield fall to 1.20%. The next leg of the dollar decline has also begun. Next stop 85. The metals are beginning their reversals. Gold headed for $2500 & silver for $45-$50. Equities entering melt-up phase. Nasdaq in gear & headed for 17,000.

214

463

3K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Gold, silver & the miners are all poised for big rallies directly ahead. My targets remain gold $2500, silver $45-$50, GDX $55, GDXJ $100, SIL $75, SILJ $30+. Within this decade, I expect gold to move well beyond $10,000 & silver well beyond $300. Should be quite a ride!

199

583

3K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

No matter what the Fed decides today(75 or 100bps)the market is poised for a move higher to S&P 4150-4200 & then maybe a sharp,short pullback to 3800 before a much bigger,more sustainable rally to 6000 gets underway. The lows are in.The market not likely to undercut the June lows

377

361

3K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

I don't usually knock people but Jim Cramer makes some of the dumbest comments and he is forever doing so. CNBC treats him as a sage but he is far from it. I'm not just talking about his comments about the markets, also about gov't & politics and about COVID & vaccines.

234

187

3K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

We're at or near important inflection points in many markets.Rates have topped & bonds look ready to run.USD appears poised for a big reversal to the downside.Silver & gold & the miners are beginning big runs to the upside & the equity markets are bottoming & poised for a melt-up

542

318

3K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Like I said before, ignore all the silly Reddit chatter surrounding silver. Silver is heading for $45-$50 in the next few months but it has little to do with a so-called Reddit short squeeze. Silver gapped up yesterday. Now filling in that gap. Ignore the noise.

147

368

3K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

The correction lows are in.They occurred back on Jan 24.I do think the market has a little more downside work to do before resuming the melt-up.I think the downside risk is maybe 2% vs 30-40% upside.Sentiment is very bearish & investors are overly concerned about Fed tightening.

207

232

3K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

4 years

On a personal note, thought I would share this article regarding my 22 year old daughter who is about to embark on a career in Hollywood. #ProudDad

Tweet card media

Remember her name: Jasmen Hunter ready to make her mark on Hollywood | Manchester Ink Link

In her corner are two Manchester backers who know the ropes -- performer Jodi Katz and Hollywood impresario Mark Schoenfeld, and much like a prizefighter, Hunter has come out swinging. But, just as...

manchesterinklink.com

273

53

3K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

We're getting closer to my long-held forecast of a final melt-up leg into secular top.I raised my targets in my latest letter to S&P 6000,Nasdaq 20,000,DJIA 45,000 & RUT 3000.Parabolic melt-ups are extraordinary & extraordinarly rare.More correction here first & then historic run

253

298

3K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

Gold & silver have begun their bull moves & are poised for big upside.I have raised my pre-bust gold target to $3000,up from $2500.My silver target remains at $50.Miners also look ready for big run.GDX to $65,GDXJ $100,SIL $75 & SILJ $35.Been a long wait but now look ready to run

203

342

3K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Now that I have hit 100,000 followers, I wanted to thank you all for following me. It was not that long ago that I had 600 followers & I thought getting to 1000 was a big deal. It's been a fun ride & this next year should provide plenty more to talk about.

171

37

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

We're at or very near major inflection points for bonds, stocks,rates & the dollar.The metals & miners are poised for big upside as well.Everyone is worried about inflation & Fed tightening.Sentiment is extremely bearish on both stocks & bonds.S&P to 6000,Nasdaq 20,000,DJIA 45000

209

276

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

This morning Gold sold down to its long term trendline that dates back to 2001 & reversed upward. Gold & silver likely bottomed today & are about to begin powerful rallies that will take gold up to $3000 & silver to $50 in coming months.USD & 10yr yields poised for big declines.

279

329

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Market sell-off in the past few days has investors nervous.I've seen & heard lots of pundits suggesting the top is in. My forecast & targets remain unchanged.This short-term pullback will be followed by a steep rally to significant new highs. S&P 5000,DJIA 40,000 & Nasdaq 18,000.

175

249

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

1 month

Stock market looks like it may have just completed its correction. Have to give it a little time to prove itself. Either the lows are in or very close. Either way, I expect the melt-up to likely resume this week with a steeper, broader rally just ahead.

192

180

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

Gold, silver & the miners are all completing pullbacks here.We should see very strong reversals in coming days as they are all poised for much higher levels.Current targets are gold $2500, silver $50, GDX $60, GDXJ $100, SIL $75 & SILJ $35.I will be raising all of these targets.

162

235

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

It is amazing to see so many great set-ups this late in a bull cycle.The Nasdaq, tech stocks, gold & T-bonds are all very oversold & at important inflection points.All should have great runs just ahead. Nasdaq to 17,000, gold to 2500 & the 10yr to .95%. Wow, just wow! Historical.

166

226

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

Gold & silver have broken above important resistance levels & are early in big up moves. I continue to forecast gold to $2500 & silver to $50.Both are minimum expectations & will likely be raised.The miners are also beginning big bull moves.GDX to $60,GDXJ $100,SIL $75 & SILJ $35

195

290

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

I think the dollar is putting in a double top & poised to roll over.The 10yr yield is also poised to rollover & head for 2%.Lower USD & rates will help propel gold,silver & miners to much higher levels. Gold to $3000,silver to $50,GDX to $65,GDXJ to $100,SIL to $75 & SILJ to 35.

395

271

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

Lots of signs that the economy is decelerating in a relative hurry & that stress is mounting in the system both here & abroad. I continue to expect a Fed pivot this summer.Rates & USD are peaking & the equity markets are near a bottom.I'm off to the beach for a few days of R&R.

273

154

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

The next move up in tech will be stunning. Led by the semiconductor & FAANG stocks,we are going to see one spectacular rally between here & the end of the 2nd Qtr. So fitting that pundits were bailing out on tech last week on the eve of its biggest rally yet. True melt-up coming.

162

211

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

It looks like the USD is finally rolling over. If so, we will see big turns in many markets including the equity & bond markets, the precious metal markets and various commodities. We will also see reversal in various currencies including CAD, AUD, GBP as well as the euro & yen.

264

267

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

A weaker dollar,lower interest rates & a reversal in the tightening narrative will help drive the metals & miners sharply higher in coming months. It has been a long consolidation. Now for some fun. Gold to $2500, silver to $50, GDX to $60, GDXJ to $100, SIL to $75 & SILJ to $35.

168

228

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

It's clear that we're not going to see 1.50% before 2.50%.Traded down to 1.67 & reversed.We're now heading for 2.50%.This means the tightening cycle is ending.10yr then heads for 1% & ultimately 0% in the bust.Reversal in tightening will be very bullish for stocks,bonds & metals.

244

226

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Gold & silver remain poised for big upside in the coming mos.Both metals bottomed in March & have spent the past 4 mos backing & filling,further discouraging frustrated investors.They're now ready to emerge from this consolidation & make a big run. Gold to $2500 & silver to $50.

142

261

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

The Dow Jones Utility Average corrected down to its 200 day ma & is now beginning a run to new highs.Rates are poised here to head lower before they head higher.The 10yr yield is likely to fall from 1.80% to 1.40-1.50% & the 30yr from 2.10% to 1.80% in the next mo.This is bullish

133

200

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

I think the stock market is just beginning its final parabolic leg up into a top. If so, it will cover a lot of ground in a hurry. As I've said, we could see the top of this 39 year secular bull market in the 2nd Qtr. My targets remain S&P 4600, DJIA 37,000 & Nasdaq 17,000.

154

235

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

Once again the crowd got all worked up and was looking the wrong way at an important inflection point.10yr yld has dropped 13 basis points this afternoon & is headed for 1.50%.All the hand wringing about higher rates was for nought.Won't be a straight line but 1.50% here we come

277

146

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Gold, silver & the miners are all poised for big rallies here. These are some of the clearest & strongest chart patterns of any group. My targets remain gold to $2500, silver to $45-$50, GDX to $60, GDXJ to $100, SIL to $75, SILJ to $35. Could reach these targets this summer.

109

284

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

The precious metals are under pressure this morning as USD breaks above December highs.The dollar is peaking & gold & silver are poised for big rallies. My targets remain gold $2500, silver$50, GDX$60, GDXJ$100, SIL$75, SILJ$35. I'm off skiing so please please hold your comments.

173

179

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Investors are underestimating this economy & as a result underestimating the market. It seems like everyone has one foot out the door.Copper is at an 8 yr high & semiconductors are in tight supply. Auto & housing demand strong.Earnings are strong.Still lots of market upside ahead

120

244

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

The market pullback has further to go. S&P likely headed for 4450-4500 though I wouldn't rule out a bit more. Nasdaq most likely headed for 15,000 but it could fall as low as 14,500. A melt-up to substantial new highs will follow. Ignore the bears who are saying the top is in.

203

201

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

4 years

I continue to forecast a melt-up in the stock market that takes the S&P to 4500,the Nasdaq to 15,000 & the DJIA to 36,000 this quarter. It matters not (except to day traders) whether the relief package is passed in Oct. or Nov. A $2 trillion package is coming. Ignore the noise.

167

242

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

At the risk of being attacked by those who like to drive using the rearview mirror,I think we are beginning the reversal in gold & silver that I said we'd likely see this week.I remain bullish as ever & my targets remain gold $2500,silver $50,GDX $60,GDXJ $100,SIL $75 & SILJ $35.

186

187

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

I continue to expect further correction before the stock market melt-up gets underway. My targets remain S&P to 4400-4500, DJIA 34,000-35,000 & Nasdaq 14,000-14,500. It is very possible we see the lower end of these ranges in the next week or two but it is certainly not a given.

340

189

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

We are nearing the end of this correction & likely saw the lows last Thursday. Will continue to see volatility but we will emerge from this correction soon & begin a final parabolic melt-up leg into a secular top. My targets remain S&P 6000,Nasdaq 20,000,DJIA 45,000 & RUT 3000.

158

219

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

I expect the S&P to retest Friday's lows in the next day or two & Nasdaq to fall to new lows. It could see 14,500. SMH headed for 270-275 & there is even a possibility it falls to 260. Then the melt-up will send all of these to major new highs with SPX to 5300 & Nasdaq to 18,000

244

191

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

Gold & silver experienced sharp corrections the past 5 days as did the miners.They corrected overbought conditions & are poised to resume their steep climb to much higher prices.Fed ease & weak USD will drive them. Gold to $2500,silver to $50, GDX$65, GDXJ $100,SIL$75 & SILJ $35.

158

248

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

4 years

The melt-up is beginning. October will be strong. Should see S&P to 4500, DJIA to 36,000 & Nasdaq to 15,000 in 4th qtr. We will also see gold to $2300-$2500 & silver to $35-$36. GDX to $55, GDXJ to $100, SIL to $75, SILJ to $30. Oil to $50-$55. T-bonds beginning a correction.

213

292

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

S&P corrected back to its 50 day moving average yesterday & reversed upward. Equity markets now poised for a big run into the 2nd Qtr. S&P to 4600,Nasdaq to 17,000,DJIA to 37,000. Hold onto your hats. We're about to see what a true melt-up looks like. The economy is opening up.

122

239

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Gold,silver & the miners are beginning big rallies. Next stop for gold is $1920 & silver $26,then much higher. My targets remain gold $2500,silver $50,GDX $60,GDXJ $100,SIL $75 & SILJ $35.Won't be a straight line but metals are finally poised to emerge from a long consolidation.

135

236

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

The melt-up is underway. Gold & silver poised for some catch-up. My 2021 targets are gold $2500, silver $45-$50, GDX $60, GDXJ $100, SIL $75 & SILJ $35. Big upside ahead.

112

240

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

We likely saw the peak in oil for this cycle when it spiked to 130 earlier this mo on Russian sanctions.I expect it to trade down into the 60's in coming months & ultimately into the 30's or lower during next yr's bust.Lower oil will help spur the reversal of tightening narrative

278

164

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

USD is completing its year long counter-trend rally & is beginning its next leg down to 85 & probably 80. That has huge bullish implications for equities,commodities & precious metals. I expect all three asset groups to perform very well in the first quarter despite rising rates.

108

218

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

There are a lot of calls for a market correction here.While we can see a 3-4% pullback at anytime,what I see is a market poised for its steepest rally yet.We are in the final parabolic run to the top. In the weeks ahead we'll see a sprint to the finish.S&P to 4700 & NASDAQ 17,000

141

205

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

The Fed is between a rock & a hard place with inflation strong & the economy weakening.I expect Powell to talk hawkish but also to try to thread the needle & maintain flexibility.I think we saw the correction lows on Monday & expect any short-term reaction to the Fed to be brief.

90

141

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

All systems go for the metals. Gold poised to run to $2500 & silver to $45 in the 1st Qtr.The miners will follow suit with GDX headed for $55,GDXJ $100,SIL $75 & SILJ $30.After big gains in the 2nd & 3rd Qtr,metals & miners consolidated those gains for 4 mos. Next upleg has begun

85

229

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Once again,investors bailed out at the bottom.Last week Twitter was filled with investors saying they were throwing in the towel on gold.They'd had enough of gold's disappointing performance.Instead,a gold reversal has begun & it's heading sharply higher. My target remains $2500.

98

165

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

As I hinted at last week,I have raised my equity targets. My new targets are S&P 5000, DJIA 40,000 & Nasdaq 18,000. My target for RUT remains unchanged at 2900. The final melt-up run into the secular top is underway & should steepen in the weeks ahead. This bull is not done yet.

166

205

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

The 10yr is on its way to 2% & a bit higher in the near future, perhaps next week. That should keep the equity markets under pressure for a while longer. The stock market correction has further to go.

148

144

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

I know popular narrative says inflation has peaked. I disagree.I expect inflation to reaccelerate in 2nd half.Copper headed for $6,gold $2500 & silver $50.Even the softs like lumber,cotton,coffee,sugar & OJ are poised to head sharply higher.Inflation will become the story again.

110

231

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

As happens often,investors are stuck on a false narrative Fed will taper in Sept & it means USD up,metals down,market down & ultimately economy down.These consensus false narratives typically precede big reversals & will here.USD to 85,gold to $2500,silver to $45-$50,S&P to 5000+

168

237

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

Funny to hear almost every talking head on CNBC view this CPI number with skepticism & warning that this bounce won't last.The market conditions these folks like Pavlov's dog.This skepticism is very bullish.Stock & bond markets & metals are going much higher & rates & USD lower.

191

178

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

I think gold & silver are completing their short, sharp pullbacks & are ready for a nice move higher. Next stop for gold is $1920 on the way to $2500. Next stop for silver is $26 on the way to $50. Just stair-stepping their way higher. Miners too.

174

194

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Gold & silver as well,as the miners,completed their consolidations at the end of March & have begun new uplegs that will take gold to $2500 & silver to $45-$50 in coming months & these targets represent my minimum expectations.GDX to $60,GDXJ to $100+,SIL to $75 & SILJ to $35+.

65

218

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

I keep hearing talking heads on CNBC & elsewhere talking down silver because they think it is being propelled higher by the traders at Reddit & Robinhood.The silver rally is for real. It's not about Reddit & Robinhood. My target for silver remains $45-$50, for SIL $75 & SILJ $30+

119

266

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Market is experiencing a shallow pullback yet by investor reactions you'd think it's down a lot.The market is off 2% from all-time highs.Pundits & investors are both very nervous.I'm hearing lots of calls saying the top is in & a crash imminent.I'm very bullish here.S&P to 5000+.

174

137

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Today we are seeing the beginning of the pullback. Oil is rolling over. Copper is rolling over. Industrials & materials are rolling over.Financials are rolling over. Semis look ready to roll over. Bonds are rallying. Clearly,investors are becoming concerned about the economy.

184

186

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

When the 10yr was 1.75% I said we'd see a bond rally taking it back to 1.20%.That move has run its course.10yr is currently 1.18%.I expect the move to 2.50% to start soon as inflation fears have abated & investors have exited the inflation trade.Inflation to higher highs ahead.

139

142

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Gold & silver are set up for big rallies ahead.I expect a declining dollar,declining interest rates & continuing signs of increasing inflation to propel gold to $2500 & silver to $45-$50 in the mos ahead.Miners will be big beneficiaries.Targets:GDX $60,GDXJ $100,SIL $75,SILJ $35.

88

249

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

The equity markets are near the end of their brief pullback.Big upside will follow. Airlines,homebuilders,financials look great & are headed for much higher highs.Also poised for big rallies are semis,miners,materials,industrials.S&P to 5000+,DJIA 40,000+,Nasdaq 18,000+,RUT 2900.

223

184

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

4 years

Gold, silver & the miners are ready to emerge from a three week consolidation & begin another big rally. Gold to $2300, silver to $35, GDX to $55, GDXJ to $100, SIL to $75 & SILJ to $30. Lots of calls for lower but that's not my expectation.

98

221

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

Many signs we're in recession w/economy continuing to decelerate.Composite PMIs at 45,housing rolling over fast,retail is weak,labor conditions are deteriorating.Overseas is even worse.And inflation is rolling over & likely will surprise on the downside.Fed will pause this fall.

198

182

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

The euro is turning up after a 2 month decline & is poised for a run to 1.30 in coming months while the USD is rolling over & poised for a decline to 85 & probably 80.This is bullish for the metals & commodities generally. Gold to $2500,silver to $45-$50 & copper to $6. #inflation

91

200

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

I've been expecting the 10yr rate to run to 2.10% before pausing on its way to 2.50%. I am now seeing a set-up suggesting we may see 10yr rates drop to 1.40%-1.50% before the run to 2.50%. This fits in with my expectation that the current tightening narrative may dissipate.

118

149

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

My work continues to suggest we will see a pullback in the stock market before a final parabolic melt-up takes the market to its final top next year. My work also suggests that oil & energy stocks have topped for the cycle.Of course not all of you will agree with either of these.

263

134

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

The market is just beginning its final melt-up leg into a secular top. Cyclical stocks, including transports, are just emerging from a 4 month consolidation & will join growth/tech to drive the markets sharply higher. S&P to 5000+,DJIA to 40,000+,Nasdaq to 18,000 & RUT to 2900.

107

221

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

This market is on the verge of a surge upward, what I would call the true melt-up phase where the market goes vertical. I will be surprised if we don't reach my targets of S&P 4500, Nasdaq 15,000 & DJIA 36,000 this quarter and I'm pretty sure my targets are going to prove low.

160

174

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Both precious metals & industrial metals are poised for sharply higher prices in the weeks & months ahead. Gold,silver,copper & even steel stocks all are beginning what will be big rallies. Gold to $2500,silver to $50,copper to $6,GDX to $60,GDXJ to $100,SIL to $75 & SILJ to $35.

99

214

2K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

As we enter May, equities, metals & bonds all poised for strong rallies. Ignore the "sell in May & go away" mantra that is making the rounds on Wall Street. S&P to 4700+,DJIA to 38,000+,Nasdaq to 17,000+, gold to $2500, silver to $45-$50. Also 10yr yield to 1.20% & 30yr to 1.95%.

115

207

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

For those that keep asking,my gold & silver forecast remains unchanged. I continue to expect gold to rally to $2500 & silver to $50 in the 1st half of 2022. Miners retested lows as rates ran up & are beginning big rallies. My targets remain GDX $60,GDXJ $100,SIL $75 & SILJ $35.

115

205

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

If oil & oil stocks are not putting in a top today,they are darn close to doing so.I have had a target of $90 on XLE,which it hit today. My downside target for XLE in the bust & bear next year is $20.I continue to think oil is at cycle highs & will fall to $30 in next year's bust

310

124

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Investors are still nervous with one foot out the door. Everyone's looking for top.Bull market intact with broad & strong rally directly ahead.Even the Biden Administration's anti-capitalist tax initiatives won't stop this melt-up.S&P to 4700+, DJIA to 38,000+ & Nasdaq to 17,000+

114

163

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Despite the early weakness today,gold & silver are set up for big upside in the 2nd half.Sentiment is bearish,inflation is heading higher,USD is heading sharply lower & real yields are very negative. My targets remain Gold $2500,silver $45-$50,GDX $60,GDXJ $100,SIL $75 & SILJ $35

116

150

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

USD spent most of 2020 in a steep decline. It then had a sharp counter-trend rally for 1st few months of 2021 that had many declaring the USD decline over,but it's far from over.USD has rolled over & is now headed for 85 & maybe even 80.This will propel the metals sharply higher.

95

178

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

Events in Ukraine have distracted investors from focusing on the fact that tightening narrative is in the process of reversing.The economy was decelerating before the war & war only increases that.Also Omicron unwind suggests normalizing economy.Both factors will drive melt-up.

73

146

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

I continue to believe that oil & oil stocks are putting in a cycle top here.I expect oil to trade down to the 70's & maybe 60's & XLE down to 55 in coming mos. Energy is institutional investors' favorite sector.Per usual they will pay a price for their rearview mirror approach.

189

111

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

In 2008 ex-Goldman Chair Hank Paulson wrongly listened to Wall St & let Lehman fail & triggered the financial crisis. Now,Powell is listening to Bill Dudley,ex-Goldman economist,who is saying the market needs to go much lower to get inflation down.This will cause a global bust.

195

136

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

We had a few days of risk-on that caused lots of traders to say correction is over & melt-up underway.We now should get a few days of risk-off & retest. No doubt we'll hear lots of calls saying the top is in & bear market just beginning.Melt-up is coming but more pullback first.

126

100

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Melt-up is underway, led by tech, esp semis & FAANG, industrials & commodities. Copper producers poised for higher after brief pullback. Steel stocks also poised for higher. Homebuilders still in gear & going higher. Big move in precious metals & miners just getting started.

65

163

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

Gold & silver & the miners are poised to go much higher. I think the short-term war trade has been unwound & now PMs should resume their rallies. Gold to $2500,silver to $50,GDX to $60,GDXJ to $100,SIL to $75 & SILJ to $35. Should be a strong spring & summer for the metals.

110

170

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

We're getting closer to the end of the correction but more work to be done. Can get a quick bounce but then more weakness. Interest rates at resistance but will ultimately push through & head for 2.10% at some point soon. Big equity melt-up to follow.

112

145

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Silver bottomed on 9/24 & retested that $22 bottom on 11/30.It is now $25 1/2, yet to hear the chatter in recent days you would think it was down, not up $3 1/2.Silver is coming out of a 4 month consolidation & is on its way to $35 & maybe $45-$50 while gold is headed for $2500.

39

151

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

4 years

All those trolls who disparaged me Tuesday for saying that we'd see a big stock market rally into the election, are nowhere to be found 3 days later. Once again they fell for the head-fake & now the market's much higher & just getting started. These guys never learn.

126

57

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

4 years

I continue to believe that October is going to be a big turnaround month for both the stock market and the precious metals. Both are set up for big reversals upward. Could be a very historic month for the markets.

80

151

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Guess all those who turned bearish on equities & metals because they assumed a Sept taper was coming will have to rethink things.USD heading lower & equities & miners heading much higher. DXY to 80, S&P to 5000+, Nasdaq to 18,000+,DJIA to 40,000+,gold to $2500 & silver to $45-$50

172

160

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

For a while I have been saying that I think my stock market targets are likely going to prove conservative. I am raising them today. My new targets are S&P 4600, DJIA 37,000 & Nasdaq 17,000. There is still a significant wall of worry for the market to climb. That's bullish.

116

155

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Foreign currencies across the board are turning up & should see big rallies vs USD in coming weeks & months. Euro,GBP,CAD,AUD & even Peso & Brazilian Real poised to move up sharply while DXY heads for 85 & probably 80. This is what the metals are waiting for. It's coming.

103

179

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

Despite the sell-off in gold & silver today,particularly this morning,both are poised for strong rallies in the weeks & months ahead. No change in my outlook. Gold to $2500 & silver to $45-$50.Big moves ahead for miners with GDX to $55, GDXJ to $100, SIL to $75 & SILJ to $30+.

102

201

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 months

I was a very lonely bull at the Oct 2022 bottom & the only one seeing the magnitude of the rally we've had in the last 18 months.I was correctly bearish oil & bullish gold.I was the biggest bull in semis. Guys like you suffer from cognitive dissonance & perhaps much worse.

172

57

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

For those of you who missed my many comments on PMs yesterday because they only look at my original tweets,not replies,I remain very bullish gold & silver & the miners.I expect a strong summer into fall.Targets remain gold $2500,silver $45-$50,GDX $60,GDXJ $100,SIL $75 & SILJ $35

88

136

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

2 years

June was a major bottom in the bond market similar to 2014 & 2018.Bonds are set up for a big,steep rally that takes the 10yr to 0% & lower & the 30yr to 1/4%-1/2% next year.A global deflationary bust & historic financial crisis is coming in 2023.Bonds likely correct here first.

145

174

1K

@DaveHcontrarian

David Hunter

@DaveHcontrarian

3 years

I see a lot of skepticism toward this equity market rally & even more toward the the metals & miners.I remain very bullish of equities & metals & expect sharply higher prices directly from here.SPX 5000,DJIA 40,000,Nasdaq 18,000,Gold 2500,silver 50,GDX 60,GDXJ 100,SIL 75,SILJ 35.

137

164

1K