A few weeks ago I called for the S&P 500 to go sideways in the 2000-2100 range for several weeks. That’s what we are getting, but how much longer can it continue? Not very long I think. Let’s have a look at the chart (click image to enlarge it): The S&P is back within a… Continue reading Waiting for a breakout
Category: Market Commentary
Outlook for Week of December 7
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 7
LT wave for December
US stocks barely moved last week. I had suggested a sideways period is starting and that’s what we are seeing. How much longer will it continue? Let’s have a look at the Nasdaq chart (click image to enlarge it): The market is hesitating just below the overhead resistance of this summer’s all time highs. The… Continue reading LT wave for December
Outlook for Week of November 30
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 November 30
What a trading method can do for you
When I started investing in stocks in the 1980s I first bought some household names and was doing OK. But it didn’t generate the kind of above average returns I was hoping for. So I started subscribing to a few newsletters, which gave me fresh stock ideas every month. Soon I was buying stock of… Continue reading What a trading method can do for you
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