Stocks had a weak santa rally and the S&P 500 ended the yearly nearly unchanged. The S&P remains confined to the 2000-2100 range and the next major event is going to be when stocks break away from that range, up or down. Let’s have a look at the chart (click image to enlarge it): The… Continue reading Watching bonds for a big move
Category: Market Commentary
Outlook for Week of January 4
Outlook for world markets with our 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 January 4
Stocks in 2016: why I like what I see
It is the last trading day for 2015, a good opportunity for a little look at what has been and, more importantly, at what may be ahead… It looks like the S&P 500 will end the year very close to unchanged, which is quite rare. More on that below. The sideways range made it a… Continue reading Stocks in 2016: why I like what I see
LT wave for January
The last trading days of the year are showing a light upward bias, as they typically do. It is usually hard to read something in days with very light trading, so we will probably have to wait for next week to see where stocks are going next. Let’s have a look at the Nasdaq chart… Continue reading LT wave for January
Outlook for Week of December 28
Outlook for world markets with our 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 December 28