What can it do? I am getting some questions about Greece. Will it leave the Euro? Will the EU fall apart? Will Russia bail them out? Will the market crash? The new “marxist” government’s moves are being watched and reported on a daily basis. Even the clothing of the new ministers has become “news”. And… Continue reading What will Greece do?
Author: Dan
Stock trader since 1986.
Method based on proprietary indicators, seasonal patterns and moon cycles.
LT wave for February
US stock markets are coiling just below their recent record highs. We still don’t see a decisive move (up or down), but as I pointed out in my weekly outlook, only 14 Dow Industrials components remain in bullish mode and that is a serious warning sign. Let’s have a look at the S&P 500 chart… Continue reading LT wave for February
Outlook for Week of February 2, 2015
Outlook for world markets with my comments for next week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then you can also click here. Happy trading, Danny
Weekly Reversal Levels for January 31, 2015
Weekly reversal levels are useful for market orientation and long term investing. Here are the levels for over 1000 stocks and ETF. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then you can also click here. For shorter term swing trading… Continue reading Weekly Reversal Levels for January 31, 2015
Ready for new highs
Markets climbed nicely last week, ending the lunar green period with a 22 point gain on the Nasdaq. Nevertheless, it is an hesitant start to the year and it will be interesting to see how it continues in the next weeks. Let’s have a look at the Nasdaq chart (click image to enlarge it): We… Continue reading Ready for new highs