A reader mailed me, criticizing my recent post Questioning Financial Astrology , in which I pointed out the problems with using longer term cycles. He is convinced that Jupiter cycle does work in the market and pointed to a post by Raymond Merriman, in which the Jupiter cycle gets mentioned. Quoting the relevant part: Historically,… Continue reading Testing the Jupiter cycle in stocks
Author: Dan
Stock trader since 1986.
Method based on proprietary indicators, seasonal patterns and moon cycles.
Key reversal levels for week of November 18, 2013
Here is our key reversal table for next week: Weekly Current Mode Key (W) MoM (W) Weeks % Ch. Nasdaq 3,985.97 3,665.43 8.24 45 29.03 S&P 500 1,798.18 1,677.09 7.08 50 26.96 Nikkei 15,165.91 13,504.08 2.06 51 60.21 FTSE 100 6,693.39 6,468.47 3.20 18 2.27 DAX 9,168.69 8,570.97 7.92 18 11.30 Bonds (TLT) 104.73 108.28… Continue reading Key reversal levels for week of November 18, 2013
Air pockets
Stock markets have gone mostly sideways as we indicated last week. The Dow Jones Industrials managed to set new highs, but the Nasdaq failed to do so. On Thursday there was a sudden drop in the market, followed by a remarkable comeback on Friday. This could be the first of a series of air pockets… Continue reading Air pockets
Key reversal levels for week of November 11, 2013
Here is our key reversal table for next week: Weekly Current Mode Key (W) MoM (W) Weeks % Ch. Nasdaq 3,919.23 3,641.07 8.33 44 26.87 S&P 500 1,770.61 1,666.31 6.61 49 25.01 Nikkei 14,086.79 13,430.01 1.94 50 48.81 FTSE 100 6,708.39 6,450.52 2.90 17 2.50 DAX 9,078.28 8,511.13 7.43 17 10.20 Bonds (TLT) 103.41 108.49… Continue reading Key reversal levels for week of November 11, 2013
Investor sentiment
Stocks continue to hover near their highs, but the market starts to looks a bit tired. We will be entering a new lunar red period this week. The most recent red periods have brought significant gains in most stock markets, but that’s rather unusual. It tends to happen a few times a year and then… Continue reading Investor sentiment