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Although I am still intermediate-term bearish on the market, not expecting the low for this second year of the Four-Year Presidential Cycle until October or November, this short-term rally might have longer legs than the last three oversold rally attempts that have taken place since the market topped out in April.
FORBES: Here's Why This Summer Rally May Be One To Ride
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Nothing in the expected rally, or in surrounding economic conditions, changes my expectations for the important market low in this second year of the Four-Year Presidential Cycle to be seen in October or November.
FORBES: Has The Market Lost That Oversold Feeling?
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In addition, we will likely see margin accretive mid-cycle refreshes in the 2013 second half.
FORBES: Apple: Sterne Agee Trims iPad Outlook On Supply Constraints
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Another consistent historical pattern may also be of assistance in this second year of the current Four-Year Presidential Cycle.
FORBES: Sell In May, Great, But Go Away For How Long?
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With an active directory and new security features, NT 5.0 is in the second phase of a three-part beta-testing cycle.
CNN: Some see ploy in Microsoft NT rename
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The second presidential debate of the 2012 cycle will take place from 9:00-10:30 EST on Tuesday, October 16th.
FORBES: Connect
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Talk to people who make PC components about the prospects for the second half, and they are jazzed about the potential for a huge PC-replacement cycle.
FORBES: Investing
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To supply the extra juice, utilities turn on inefficient single-cycle gas turbines, which turn 25% of the fuel's energy into electricity, as opposed to 45% for combined-cycle plants that use turbine exhaust to make steam to run a second generator.
FORBES: Magazine Article
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Planning, the second step in the CIVCAS mitigation cycle, focuses on the importance of intelligence and decision-making processes.
FORBES: Army Publishes New "Manual" on Preventing Harm to Civilians
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Combined-cycle gas turbines, which use hot exhaust gases from one turbine to generate steam to turn a second one, can transform 6, 800 Btu of gas into a kilowatt-hour of electricity, enough to light one lightbulb for ten hours.
FORBES: Indigestion