Markets kept up very well last week and stocks are still not in the mood for any pullback. That will obviously change some day, but when? I don’t know how many under water shorts are still waiting for a decent chance to get out, but that could be one of the reasons why this market… Continue reading Not an easy path forward
Category: Market Commentary
Outlook for Week of July 25
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. * The latest weekly reversal levels for over 2500 stocks and ETF can be found every weekend at http://www.reversallevels.com/. *… Continue reading Outlook for Week of July 25
Waiting for the kiss
The S&P 500 has reached new record highs and has kept up surprisingly well all week. Will this market just keep climbing without looking back? Maybe. The S&P 500 chart may offer us a few clues: There is no clear overhead resistance level at this point. But the Earl indicator (blue line) is turning down… Continue reading Waiting for the kiss
Outlook for Week of July 18
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. * The latest weekly reversal levels for over 2500 stocks and ETF can be found every weekend at http://www.reversallevels.com/. *… Continue reading Outlook for Week of July 18
Beyond new highs
Markets kept climbing last week, and the S&P 500 came very close to new all time highs, which is what we called for. We may see a new S&P high today, even though a new lunar red period has started. But the LT wave for July projects highs on the 11th or the 26th, so… Continue reading Beyond new highs
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