It was a challenging week in the stock markets. Maybe we are due for the first failed lunar period of 2015. In recent months I have been working on a new type of stock chart, with the intention of visualizing the market in an interesting new way. More on that further down this article. Let’s… Continue reading Iceberg charts
Category: Market Commentary
Outlook for Week of August 10, 2015
Outlook for world markets with some comments for next week. Click the “Expand” button (bottom right) to watch in full screen mode. The latest weekly reversal levels for over 1500 stocks and ETF can be found at http://www.ReversalLevels.com every weekend. For shorter term trading and more optimal entries you can get our daily reversal levels,… Continue reading Outlook for Week of August 10, 2015
The long sideways
Stocks had a fairly good week. The lunar red period is ending today, so this could be a good base to build on. The S&P 500 stays in a long sideways range that started in February. It is unusual for a major index to keep hovering within a narrow 5% range for so long. When… Continue reading The long sideways
Outlook for Week of August 3, 2015
Outlook for world markets with some comments for next week. Click the “Expand” button (bottom right) to watch in full screen mode. The latest weekly reversal levels for over 1500 stocks and ETF can be found at http://www.ReversalLevels.com every weekend. For shorter term trading and more optimal entries you can get our daily reversal levels,… Continue reading Outlook for Week of August 3, 2015
Investing is more about observing than forecasting
Markets turned down again last week. Potentially this paints a failed breakout in the Nasdaq, which surged to new all time highs last week but didn’t see any other major index follow in its footsteps. We remain in a lunar red period for another week, so a pullback was not unexpected. Now it is important… Continue reading Investing is more about observing than forecasting
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