Market action was pretty much as expected last week. Market is trying to recover and close to making a double top. With a couple more days of lunar Green Period to go the Nasdaq could add another 20 points or so, but I would use it as an opportunity to sell. A weak Green Period… Continue reading Outlook March 7
Author: Dan
Stock trader since 1986.
Method based on proprietary indicators, seasonal patterns and moon cycles.
Outlook February 28
We finally got some downside action last week. Hopefully you have used our advise not to buy this Green Period. The reason not to buy was probably clear for the users of our LunaticTrader program. This was the LunaticTrader chart for February: Around 17 – 19 February there was a rare cluster of lunar and… Continue reading Outlook February 28
Outlook February 21 – Why stocks keep rising?
The recent Lunar Red Period ended with a 65 point gain on Nasdaq. So the stock market keeps displaying strength upon strength, and we have been getting some questions how this is possible. We will be trying to give some longer answer today. It is indeed weird that the Nasdaq seems to close with a… Continue reading Outlook February 21 – Why stocks keep rising?
About buying random stocks
“A 73% gain on SBIB, 63% profit on KEYN, 51% on LINTA, 49% on EP,… in less than 9 months.” It could be the opening lines in a teaser mail for some expensive stock picking newsletter. But the point is, this are some of the random stocks we bought for our 2 experimental portfolios on… Continue reading About buying random stocks
Outlook February 14
The stock market keeps going up as if there is only one way to go. Bad news can only take it down for one day, or sometimes even only half a day. The Nasdaq has become as dependable as a Swiss clock. But, this too will pass. The last time markets went up in similar… Continue reading Outlook February 14