Markets had a rebound last week, but it lacked vigor. The lunar green period ended with a 54 point gain for Nasdaq. Not bad, but it only recovered a small portion of the 206 point loss in the preceding red period. Here is the current Nasdaq chart: The Earl index (blue line) has bottomed and… Continue reading Staying alert
Author: Dan
Stock trader since 1986.
Method based on proprietary indicators, seasonal patterns and moon cycles.
Outlook for week of August 28
Outlook for world markets with brief comments for next week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then click here. For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes… Continue reading Outlook for week of August 28
Did the market peak?
Stock markets remain under some pressure, but overall the pullback is still small. It is amazing how quickly investors’ talk has changed to crash predictions, which makes me think there is more upside to come before we see a more serious decline. Here is the current S&P 500 chart: The S&P 500 is currently testing… Continue reading Did the market peak?
Outlook for week of August 21
Outlook for world markets with brief comments for next week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then click here. For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes… Continue reading Outlook for week of August 21
So bitcoin hits my long term target
Normally I write about bitcoin once a year, but since my last post in May the cryptos have become a very fast market and now my long term price target of $4246 is being reached. So, I will give a quick update and some new price targets. But first I want to take a look… Continue reading So bitcoin hits my long term target
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