Blog

  • Garbage in garbage out

    What ingredients go into our trading decisions? Opinions we hear in the financial media? Technical indicators that draw colorful lines on our screen? The latest forward “guidance” issued by the central bank? The next full moon or Jupiter in Leo? The AAII sentiment survey numbers? The stock picks we see on scutify.com? The Elliott wave…

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  • Our key tables and comments for this week, now in slideshow format. Click the “Expand” button (bottom right) to watch in full screen mode. Click on “Slideshare” (bottom left) if you want to save and print it. If you have any trouble to see the presentation below, then you can also click here. Good luck,…

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  • Pendulum market

    Fears rise on Friday, next they ease on Monday…, a pattern we have been seeing for weeks. Like a pendulum swinging. Will it continue that way? It is quite possible. Just like last week, I remain mildly positive about the market as long as each relief rally goes a little higher than the previous one.…

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  • Our key tables and comments for this week, now in slideshow format. Click the “Expand” button (bottom right) to watch in full screen mode. Click on “Slideshare” (bottom left) if you want to save and print it. If you have any trouble to see the presentation below, then you can also click here. Good luck,…

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  • Stock markets were clearly under pressure most of the week. But Friday’s rally pushed the S&P and Nasdaq into the green for the week. That’s quite remarkable given the news stream. Looks like somebody is buying. The market is bending but not breaking. Let’s have a look at the Nasdaq (click for larger image): Nasdaq…

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  • Our key tables and comments for this week, now in slideshow format. Click the “Expand” button (bottom right) to watch in full screen mode. Click on “Slideshare” (bottom left) if you want to save and print it. If you have any trouble to see the presentation below, then you can also click here. Good luck,…

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  • In our most recent review of the S&P 500 we pointed out the market was at a breaking point, with all my indicators pointing down. US markets have indeed gone over the edge last week, and the rather quick drop has brought them right to the next breaking point. Here is the current S&P chart…

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  • Our key tables and comments for this week, now in slideshow format. Click the “Expand” button (bottom right) to watch in full screen mode. Click on “Slideshare” (bottom left) if you want to save and print it. If you have any trouble to see the presentation below, then you can also click here. Good luck,…

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  • The LT wave chart for July did OK. It picked up a few highs and lows, also missed some. Here is the LT wave for August (click for larger image): Given yesterday’s drop in the market it could become an interesting August. The LT wave will reach a low on the 5th, followed by a…

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  • US stock markets have been fairly flat in July, neither breaking down nor breaking out to the upside. The current lunar green period will end Wednesday. So far it looks like a rather weak green period, but we have a few more days to go. The upcoming red period will contain a supermoon. Over the…

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