The Nasdaq briefly touched the 2400 level on 17th March, a date we singled out in our March 1 Outlook already. With the Full Moon period now starting, we look for a negative bias in the stock markets over the next couple of weeks. There is extreme Lunar Distance today, before the US markets open.… Continue reading Outlook 22 March
Author: Dan
Stock trader since 1986.
Method based on proprietary indicators, seasonal patterns and moon cycles.
Outlook 15 March
Stocks have continued to push upward and the Nasdaq is already closing in on 2400, as we indicated last week. While we may have topped out with Friday’s Lunar Distance extreme, we have a few more days that could mark a peak coming up this week. There is the New Moon today, and Wednesday we… Continue reading Outlook 15 March
Outlook 8 March
Stocks have pushed higher and are already testing the January highs, as per our forecast last week. Wouldn’t surprise me if we see some hesitation this week, and probably some down days mid-week. We have extreme Lunar Distance coming up on Friday morning, and that could give the signal for another push higher into next… Continue reading Outlook 8 March
Outlook 1 March
Stock markets put in a high on Monday’s Declination extreme. But the downside action has been very mild, producing a relatively flat week. Early Wednesday we will get extreme Latitude and the start of the next New Moon period. Given that our Full Moon period and a number of bad economic news reports did not… Continue reading Outlook 1 March
Outlook 22 February
Stocks moved higher last week and so far giving no signs of a top. We will have extreme lunar declination after the close today. So a swing high may be made today or on tomorrow’s open. We are still in the Full Moon period, so weakness in stock prices remains in the cards. If stocks… Continue reading Outlook 22 February