About Luke Miller

Luke Miller Luke Miller, host of our Bayesian Timing Signals service and its BTS Leveraged ETF Trading sister service, provides Bayesian Timing analysis on a range of markets, including the equity indices, energy and metals, plus swing trade signals in ETFs tracking these markets.

An Associate Professor of Economics & Business at Saint Anselm College in New Hampshire, Luke has actively traded the Bayesian timing system since 2007, during which time it has generated 30% per year. The strategy trades ETFs long and short for an average hold time of several days to several months.

Luke's Bayesian timing research, which analyzes options pricing to determine market direction and provide more reliable market timing than traditional cycles analysis. has been presented all over the world. It most recently won Best Presentation Award at the 18th International Conference on Business & Finance in Paris in 2016.

In 2003, Luke earned the Gilbreth Memorial Fellowship (top PhD student in the nation) and has since published over one dozen peer reviewed journal articles and a book in his area of expertise.

About Luke's Bayesian Services:

The Bayesian Timing Signals service provides market timing analysis on a range of markets, including the equity indices, energy and metals, plus Swing Trade Signals in ETFs tracking these markets. The signals, with a time horizon of several days to several months, are tracked on a portfolio page.

The service also includes Luke's Daily Thoughts, posted prior to market open, providing an overview and look ahead on the covered markets.

The BTS Leveraged ETF Trading service focuses on 1-3x ETFs for varying asset classes in a proprietary 5-bucket system. It issues trade alerts based on the proprietary Bayesian signal focusing on opportunistic profits and disciplined risk management.

Luke's services are premium add-ons for members of our Avi’s Market Alerts flagship service, and available at a discount when added together.

Story Archive

Bullish Path the Higher Probability for SPY

In the first path, with a Bayesian Probability (BP) of 61%, the SPDR S&P 500 (SPY) found a longer-term bottom near the lows on Dec 10 and price will begin a bullish leg higher to the 300s.
by Luke Miller - 2 days ago

Tale of Two Paths

The higher probability is that the SPDR S&P 500 ETF (SPY) found a longer term bottom near the lows on 10/29 and 11/20 and price will begin a bullish leg higher to the 300s.
by Luke Miller - 1 week ago

Bullish Paths Dominate in Bayesian Analysis of SPY and GLD

In the SPDR S&P 500 (SPY), the bullish paths continue to dominate and a strong rally is still expected sooner than later.
by Luke Miller - 3 weeks ago

Eye on 262-265 Support in SPY

The 262-265 range in the SPDR S&P 500 (SPY) seems like an important zone for this bull market remaining intact.
by Luke Miller - 1 month ago

More Upside Ahead in SPY and GLD

Our Bayesian Timing System (BTS) points to more upside in the SPDR S&P 500 (SPY) and a break higher in the SPDR Gold Shares (GLD).
by Luke Miller - 1 month ago

Three "Correction Is Over" Scenarios for the SPY

Our Bayesian Probabilities (BP) outlines the following potential scenarios for the U.
by Luke Miller - 1 month ago

Here are the Paths This Correction Could Take

Here are the paths we're seeing in the SPDR S&P 500 (SPY) with their respective Bayesian Probability (BP) percentages.
by Luke Miller - 1 month ago

Wall of Resistance Comes Down (Finally) for GLD

Finally, the 114 wall in the SPDR Gold Shares (GLD) comes down!  Now it begins to get interesting.
by Luke Miller - 2 months ago

Bayesian Probabilities Point to SPY Washout in the 250's

Many things our Bayesian Timing daily write-ups have discussed regarding the SPDR S&P 500 (SPY) since June 2018 have generally played out.
by Luke Miller - 2 months ago

U.S. Indices Continuing to Look Higher

Bayesian signals remain long in the SPDR S&P 500 (SPY), short in US Oil (USO), and long in gold and silver (GDX, GLD, SLV).
by Luke Miller - 2 months ago