I have been invited to review this book, which intends to connect the big stock market panics into one cycle. Kerry Balenthiran, the author of the book, studied mathematics and works as a financial consultant. I have kept to the principle of reading a book twice before giving a review. At about 8o pages it… Continue reading Book review: The 17.6 Year Stock Market Cycle
Category: Market Commentary
Forget the VIX, watch the SKEW
In the recent weeks I have been recommending to stand aside and stay cautious until the stock market offers a bit more clarity. And it is not as if we have missed much by doing so. Friday’s drop tells us that some caution is warranted at this point. Is it just a one day dip,… Continue reading Forget the VIX, watch the SKEW
Outlook for Week of April 20, 2015
Outlook for world markets with my comments for next week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then you can also click here. Happy trading, Danny
Weekly Reversal Levels for April 18, 2015
Our weekly reversal levels are useful for market orientation and long term investing. Keeping an eye on the bigger picture once a week is helpful because trading in the direction of the weekly trend has better odds of being profitable. Below are the levels for over 1500 stocks and ETF. Click the “Expand” button (bottom… Continue reading Weekly Reversal Levels for April 18, 2015
Still cautious
Stock markets did better than I expected last week. US indexes are once again climbing towards their recent highs. But I am still cautious and keep standing aside. One doesn’t need to be invested at all times, and taking a little holiday once in a while is never a bad thing, if only to recharge… Continue reading Still cautious