Stocks have kept going up and the Nasdaq is reaching the 5400 level, as we suggested it would in our post two weeks ago. So, what’s next? Let’s have a look at the S&P 500 chart: We stay in a lunar green period for the rest of the week, so we can prepare for some… Continue reading LT wave for December
Category: Market Commentary
Outlook for Week of November 28
Outlook for world markets with brief 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 click here. For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes… Continue reading Outlook for Week of November 28
Outlook for Week of November 21
Outlook for world markets with brief comments for next week. If you have any trouble to see the presentation below, then click here. Click the “Expand” button (bottom right) to watch in full screen mode. For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes… Continue reading Outlook for Week of November 21
The next leg up
Stocks performed a major turnaround last week and are breaking out to the upside. Chances are good that markets will keep rallying into year’s end. Here is the current Nasdaq chart: The October highs are likely to offer some resistance. But all my indicators have turned up from major lows. And there is further room… Continue reading The next leg up
Outlook for Week of November 14
Outlook for world markets with brief comments for next week. If you have any trouble to see the presentation below, then click here. Click the “Expand” button (bottom right) to watch in full screen mode. For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes… Continue reading Outlook for Week of November 14