Author: Dan

The Green Period produced an 80 point gain on the Nasdaq. Not bad. Now our lunar phases go into Red Period again, which means the odds favor a pause or downside correction in the next couple of weeks. Let’s take a look at the current chart for S&P500 (click for larger image): We seem to… Continue reading Outlook February 7

The Nasdaq did climb back to 2750, as we indicated last week, then fell steeply on Friday. We have been warning for an imminent downturn, as indicated on the charts. This could well be the start of a multi-month slide. We have come a long way since last August, but we need to remember that… Continue reading Outlook January 31

We finally got some downturn in the stock market. The Nasdaq has lost 14 points in the most recent Red Period. We remain at a critical juncture in many charts. It looks like last week’s break out to the upside is failing, and we are now sitting on important support as you can see in… Continue reading Outlook January 24

So far the market is not bothering about being in Red Period. The Nasdaq has kept going up last week, and is now breaking out above the trendline we have been mentioning for a while. Here is a somewhat longer term Nasdaq chart showing it clearly (click for full size image): So what do we… Continue reading Outlook January 17

The most recent Green Period produced a 38 point gain on the Nasdaq. 16 of the last 18 Green Periods have now been profitable. Check out our performance page for a complete overview. The market remains at a very interesting juncture. The Nasdaq tested the 2700 level, as we expected, but that level was not… Continue reading Outlook January 10