Outlook for week of February 6

Outlook for world markets with brief comments for next week.

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Dan's avatar

By Dan

Stock trader since 1986. Method based on proprietary indicators, seasonal patterns and moon cycles.

2 comments

  1. Danny, what is it you see going into the 15th in stocks for a high? Is it the Sun-Sat 60* ? I’m looking at the lunar eclipse 2/10 as possible high going possibly sharply lower into 3/1.

    Please let me know what you see for going into the 15th

    Best Regards,

    David Cerf

    Sent from my iPhone

    >

    1. Hi David,

      I don’t use use Saturn or other planetary cycles, have not found consistent effects in them.
      The LT wave for February shows a period of strength until the 15th and again in he final days of the month. The expected early month weakness has not materialized and this suggests the path of least resistance is up: https://lunatictrader.com/2017/02/01/lt-wave-for-february-4/

      There is a solar eclipse on the 26th. Solar eclipses have a history of being positive for stocks: https://lunatictrader.com/2013/04/15/eclipses-and-the-stock-market/ If that tendency holds up then the lunar green period in the 2nd half of February would be a positive one.

      Danny

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