Flat trading

Stock went mostly flat for another week and have ended the lunar red period with a 17 point gain for Nasdaq. More often than not sideways price action resumes in the direction of the existing trend, and with a new green period starting we could easily get another push to new highs in the coming… Continue reading Flat trading

Outlook for Week of August 22

Outlook for world markets with brief comments for next week. If you have any trouble to see the presentation below, then click here. Click the “Expand” button (bottom right) to watch in full screen mode. * The latest weekly reversal levels for over 2500 stocks and ETF can be found every weekend at http://www.reversallevels.com/. *… Continue reading Outlook for Week of August 22

Quiet summer trading

Stocks continue their steady march higher, without any letup. Maybe we will see some selling this week, as we continue to be in a lunar red period. But where are the sellers supposed to come from? Investors who have been long probably see no reason to sell. Let’s have a look at the S&P 500:… Continue reading Quiet summer trading

Outlook for Week of August 15

Outlook for world markets with brief comments for next week. If you have any trouble to see the presentation below, then click here. Click the “Expand” button (bottom right) to watch in full screen mode. * The latest weekly reversal levels for over 2500 stocks and ETF can be found every weekend at http://www.reversallevels.com/. *… Continue reading Outlook for Week of August 15