Markets have been pulling back since the beginning of March. This has brought US indexes back down to major support levels. The stage is now set for another push higher. Will we get it? Let’s have a look at the S&P 500 (click image to enlarge it): S&P is once again trading North and South… Continue reading Another burst higher?
Category: Financial Astrology
Equinox eclipses and the stock market
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… Continue reading Equinox eclipses and the stock market
LT wave for March
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… Continue reading LT wave for March
The surge is on
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… Continue reading The surge is on
Nasdaq 5000 is coming
Markets enter the week in a nervous mood. Standoff situations in Ukraine and Greece seem to be reaching another climax and energy prices remain very volatile. What’s not to like? Two weeks ago I wrote about the market getting ready for a push to new highs. Is this the wall of worry that is typically… Continue reading Nasdaq 5000 is coming
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