The Nasdaq ended the recent lunar red period with a massive 323 point gain, one of the strongest red periods ever. In the recent months the market has been going counter to what we normally see in green and red periods, but somehow our LT wave keeps doing very well. This is very interesting as… Continue reading LT wave for March
Author: Dan
Stock trader since 1986.
Method based on proprietary indicators, seasonal patterns and moon cycles.
Outlook for Week of February 29
Outlook for world markets with our 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 February 29
Observation, Observation, Observation
We probably all heard the old adage: Location, Location, Location. It’s considered the number one rule in real estate investing. For stock investors there is a similar rule: Observation, Observation, Observation. Sounds simple, but what does it mean? As an investor or trader I may be using fundamental analysis, I may be using technical indicators,… Continue reading Observation, Observation, Observation
Why bubbles are usually a good thing
Since the stock market crashes in 2001 and 2008 warning for the next bubble has become a popular topic. It seems to be taken for granted that our world would be a much better place if we could avoid those bubbles that “always” end in violent busts… But is that so? What if those bubbles… Continue reading Why bubbles are usually a good thing
Support levels held
The Nasdaq recorded a good week after hitting (and holding) the 4200-4250 support area we pointed out in our post of two weeks ago. The market went to the edge of the cliff and then turned back. The classic path of max confusion. This means the setup on the chart has improved a lot: There… Continue reading Support levels held
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