Today we revisit the Dow 32000 scenario that I have updated from time to time since the summer of 2013. The Dow has not kept up with the 1920s in recent months, but the Fed has also not started raising rates yet. What will happen when they do? More on that below, first we take… Continue reading What happened with Dow 32000?
Category: Market Commentary
Outlook for Week of November 23
Outlook for world markets with our comments for next week. * The latest weekly reversal levels for over 2500 stocks and ETF can be found every weekend at http://www.reversallevels.com/. * For shorter term trading and more optimal entries there are daily reversal levels, which are available as a monthly subscription. It comes as a daily… Continue reading Outlook for Week of November 23
Just waiting
Markets pulled back significantly last week and we recorded a 126 points loss for Nasdaq in the recent lunar green period. With a new red period now starting stocks will probably remain under pressure. Let’s have a look at the Nasdaq chart (click image to enlarge it): All my indicators point down and have further… Continue reading Just waiting
Outlook for Week of November 16, 2015
Outlook for world markets with our comments for next week. * The latest weekly reversal levels for over 2500 stocks and ETF can be found every weekend at http://www.reversallevels.com/. * For shorter term trading and more optimal entries there are daily reversal levels, which are available as a monthly subscription. It comes as a daily… Continue reading Outlook for Week of November 16, 2015
Outlook for Week of November 9, 2015
Outlook for world markets with our comments for next week. Want more? * The latest weekly reversal levels for over 2500 stocks and ETF can be downloaded here (Free). Note: it is OK to enter a fake email to pick up our free stuff. * For shorter term trading and more optimal entries there are… Continue reading Outlook for Week of November 9, 2015