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The Nasdaq is falling back a bit after climbing above the psychological 5000 mark. Readers of this blog were probably not surprised by that move, as we have been calling for it weeks ago. We will be ending the lunar red period today, and then we will see if the market can go even higher…
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Outlook for world markets with my 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 you can also click here. Happy trading, Danny
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Weekly reversal levels are useful for market orientation and long term investing. Here are the levels for over 1000 stocks and ETF. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then you can also click here. For shorter term trading you…
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We got a flat week as expected. The Nasdaq is sitting right below 5000, and the S&P 500 stopped just short of the 2120 resistance level we mentioned two weeks ago. What next? Let’s have a look at the S&P 500 chart (click image to enlarge it): We have another week of lunar red period…
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Outlook for world markets with my 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 you can also click here. Happy trading, Danny
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Weekly reversal levels are useful for market orientation and long term investing. Here are the levels for over 1000 stocks and ETF. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then you can also click here. For shorter term trading you…
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When I wrote a few weeks ago that the Nasdaq was all set for a move to 5000, I got responses like “Really ??”. But here we are, the Nasdaq gained 212 points in the lunar green period that just ended, and the 5000 level is within reach. Of course, we are now entering a…
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Outlook for world markets with my 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 you can also click here. Happy trading, Danny
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Weekly reversal levels are useful for market orientation and long term investing. Here are the levels for over 1000 stocks and ETF. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then you can also click here. For shorter term trading you…
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We have been mentioning for weeks that stocks may be setting up for another push to new highs. That move seems to be underway. This opens the door for Dow 20000 and Nasdaq 5000. If that sounds boring, that’s just the way it is. Good investing is boring… most of the time. I just don’t…