We seem to be going through a rather mild correction in US stock markets. In other international markets the declines have been more significant. As we said a few months ago, the second half of the year will be more difficult to navigate, and that continues to be the case. Is the correction (almost) over?… Continue reading S&P 500: downside risk remains
Category: Financial Astrology
A September to buy
Only a quick post for today. Weakness in stock markets around the world has continued. So, it looks like we are getting a weak lunar green period indeed. Let’s have a look at the Nasdaq chart (click for larger image): The Nasdaq has held up better than most other market indices. The 3575 level has… Continue reading A September to buy
LT wave chart for September
August is slowly coming to an end. Today we take a look at the LT wave for September (click for larger image): The LT wave did fairly well again in August. US stocks reached a new high on August 5th, but the market failed to build on those gains as was expected on the basis… Continue reading LT wave chart for September
Random stocks experiment
It doesn’t matter all that much which stocks you buy or when you buy them, what matters most is when you sell them. In a nutshell that’s the conclusion of a stock experiment we have been doing over the last few years. More on that later on in this post, first we will take our… Continue reading Random stocks experiment
Wait for a bottom
The scenario we lined out last week clearly didn’t pan out. The market stalled near its recent highs and then dropped significantly. With another week of lunar red period to go, it is probably too early to jump back into the market already. Let’s have a look at the Nasdaq chart (click for larger image):… Continue reading Wait for a bottom
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