Author: Dan

The market gave back some of its recent gains, but we still ended flat on the Nasdaq for the Red Period that just ended. This means the market shows strength, at least for the time being, and we should now look for a further move upwards in the current Green Period. Already we see a… Continue reading Outlook August 2

While downward pressure on stocks was evident in the beginning of the week, we didn’t  get real follow up on the previous Friday’s drop, and the market recovered nicely towards the end of the week. This means that for the first time since last April we are seeing signs of strength in the market. Of… Continue reading Outlook July 26

The markets ended the Green Period in style with another strong up day on Tuesday. We warned for two strong up days in our outlook two weeks ago, and two strong up days is what we got (7th and 13th July). Meanwhile we have entered Red Period and already saw the market come down last… Continue reading Outlook July 19

We got our expected upward bounce in the stock market. Isn’t it nice to know about the lunar cycles? With a few Green Period days left there is room for some more upside early this week, but I would use it to take some money off the table. Because, until we get some sign of… Continue reading Outlook July 12

Markets continued to drop last week, and even the first days of Green period didn’t turn the tide. As we mentioned last week, the path of least resistance is and stays down for the moment. I am looking for an upward bounce this week or next, but I doubt it will be the start of… Continue reading Outlook July 5