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US stocks barely moved last week. I had suggested a sideways period is starting and that’s what we are seeing. How much longer will it continue? Let’s have a look at the Nasdaq chart (click image to enlarge it): The market is hesitating just below the overhead resistance of this summer’s all time highs. The
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Outlook for world markets with our comments for next week. If you have any trouble to see the presentation below, then click here. Click the “Expand” button (bottom right) to watch in full screen mode. * The latest weekly reversal levels for over 2500 stocks and ETF can be found every weekend at http://www.reversallevels.com/. *
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When I started investing in stocks in the 1980s I first bought some household names and was doing OK. But it didn’t generate the kind of above average returns I was hoping for. So I started subscribing to a few newsletters, which gave me fresh stock ideas every month. Soon I was buying stock of
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Today we revisit the Dow 32000 scenario that I have updated from time to time since the summer of 2013. The Dow has not kept up with the 1920s in recent months, but the Fed has also not started raising rates yet. What will happen when they do? More on that below, first we take
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Outlook for world markets with our comments for next week. * The latest weekly reversal levels for over 2500 stocks and ETF can be found every weekend at http://www.reversallevels.com/. * For shorter term trading and more optimal entries there are daily reversal levels, which are available as a monthly subscription. It comes as a daily
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Markets pulled back significantly last week and we recorded a 126 points loss for Nasdaq in the recent lunar green period. With a new red period now starting stocks will probably remain under pressure. Let’s have a look at the Nasdaq chart (click image to enlarge it): All my indicators point down and have further
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Outlook for world markets with our comments for next week. * The latest weekly reversal levels for over 2500 stocks and ETF can be found every weekend at http://www.reversallevels.com/. * For shorter term trading and more optimal entries there are daily reversal levels, which are available as a monthly subscription. It comes as a daily
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Markets are trying to catch their breath after the strong run in October. We may see another rally attempt this week, but I think we are going to get more of a pullback before stocks go higher again next year. With many indexes near their all time highs again a lot of investors will probably
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Outlook for world markets with our comments for next week. Want more? * The latest weekly reversal levels for over 2500 stocks and ETF can be downloaded here (Free). Note: it is OK to enter a fake email to pick up our free stuff. * For shorter term trading and more optimal entries there are
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The market was about flat last week and the lunar red period ended with a solid 167 point gain on the Nasdaq. It is the first time this year that stocks gain during a red period, which suggests underlying strength in the market. Can the market go even higher in the new green period? Let’s
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LunaticTrader Blog 