Stocks tried to rally for a few days, but fell back just as quickly. The pullback has been very orderly so far, and after 4 weeks of downside action a bottom may be near. Of course it is also possible that more downside action is in the pipeline. Let’s have a look at the Nasdaq… Continue reading Be ready for everything
Category: Financial Astrology
LT wave for May
Stock markets have finally entered something more than a 2 day pullback. Last week’s advice to step aside works out fine so far. Now the next challenge is to watch for signs of a bottom. Let’s have a look at the Nasdaq chart: All my indicators keep pointing down, with bearish divergences still in place.… Continue reading LT wave for May
Remembering 1994
Stocks made another push higher last week and the S&P 500 has now recovered all its losses since the start of the year. Can it go higher? Why not? Can it go much higher? More on that further on in this post, let’s first have a look at the chart: The S&P is back to… Continue reading Remembering 1994
How the stock market makes sense
Stocks kept climbing and on social networks a lot of investors are shaking their heads in disbelief, complaining that this market makes no sense. Just when they started feeling safe going short in a down market in a weak global economy the markets climb more than 10% in a few weeks… Huh, where is the… Continue reading How the stock market makes sense
LT wave for March
The Nasdaq ended the recent lunar red period with a massive 323 point gain, one of the strongest red periods ever. In the recent months the market has been going counter to what we normally see in green and red periods, but somehow our LT wave keeps doing very well. This is very interesting as… Continue reading LT wave for March
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