Author: Dan

Our most recent Red Period recorded a 20 point loss on the Nasdaq. The last day of the Period saw a 50 point rise on the Nasdaq, so there was potentially a much bigger profit for shorts in this Red Period. But for the purpose of our performance record I always use closing prices. If… Continue reading Outlook November 29

Another down week for most markets. We have a couple more days of Red Period to go, so we stay cautious this week. We have quite an interesting situation on some charts. Here is the Nasdaq Composite: Despite the recent drop in prices, the Nasdaq remains in a steep narrow uptrend channel since last August.… Continue reading Outlook November 22

We closed out the recent Green Period with a 66 point gain for the Nasdaq. Not bad. A summary of the Green Period vs. Red Period performance can be found here as always. Markets started going down right on the start of Red Period last Tuesday. With Red Period continuing we can expect further downward… Continue reading Outlook November 15

Stock have risen to the 1220 area on the S&P index, reaching the target we set 2 weeks ago. Now we are ready to go into a Red Period again, so this is a good opportunity to take some profits. Given the big upswing we have had over the last couple of months, stocks could… Continue reading Outlook November 8

The previous Red Period has ended with a 95 point gain for the Nasdaq. So we are still in a powerful upswing. Look for the market to add to these gains in the current Green Period, which will last through this week and well into next. Mid and late November are likely to bring us… Continue reading Outlook November 1