Author: Dan

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

Key reversal levels for week of March 31, 2014

Comments for this week (the key reversal tables are below) : * The Nasdaq has continued its recent weakness and went into declining mode when it closed below its daily key reversal level last Monday. The S&P 500 and the Dow Jones have been stronger and have not dropped below any key levels yet. *… Continue reading Key reversal levels for week of March 31, 2014

Why you can not afford to be a bull or a bear

There are two types of people. Some people constantly change their theories and beliefs to make them fit reality better, while others try to change reality to make it fit their rather fixed theories and beliefs. In his book The Signal and the Noise: Why So Many Predictions Fail but Some Don’t, Nate Silver describes… Continue reading Why you can not afford to be a bull or a bear

Key reversal levels for week of March 24, 2014

Comments for this week (the key reversal tables are below) : * Weekly momentum (MoM) is turning down again for the Nasdaq. May have peaked for a while. This is an important signal as the Nasdaq has been one of the strongest markets in the recent months. Wait and see whether MoM can pick up… Continue reading Key reversal levels for week of March 24, 2014

Adverse move ratio

The US stock market has been climbing steadily without any serious pullback for more than a year. Some analysts consider this a dangerous sign of complacency, others blame the central bank’s QE policies for this “abnormal” market. Almost all seem to agree that this can only end with a crash. But how unusual is this… Continue reading Adverse move ratio