Author: Dan

Just a quick note for this week. I think I also deserve some vacation time. Excellent results continue. The lunar Red period that just ended produced a 51 point decline in the Nasdaq. With lunar Green period now starting we are looking for the market to try the upside again. Will be back next week… Continue reading Outlook 19 July

Sorry, being a couple days late this week. The market is clearly stagnating now, not surprising in a lunar Red Period. Here we have the current Nasdaq chart (click for larger image): Could be a potentially double top here, but a setback is not so surprising after such a steep rally. We remain in Red… Continue reading Outlook July 13

The market went up very nicely last week. This means we end up with a strong Green Period and the market may be setting up to move higher. Here is the current chart for the Nasdaq Index (click for larger image): The uptrend remains intact and we head into lunar Red Period this week, so… Continue reading Outlook July 4

Markets made a nice bounce , as expected, but gave back most of the gains by the end of the week. So far it looks like we are in for another weak lunar Green Period. We remain in Green Period, so I am looking for the market to try the upside again. But if the… Continue reading Outlook June 27

The Nasdaq dropped 116 points in the lunar Red Period that just ended. The market briefly touched the 2600 support level we mentioned last week. Here is the updated Nasdaq chart (click for larger image):     Now going into lunar Green Period we should see some kind of bounce here. I am looking for… Continue reading Outlook June 20