We had some wild swings in the stock market last week. Is it the start of something bigger? Could be, but I think we are already close to a bottom and I expect that we will have rather quiet year end trading next. The S&P 500 is retesting the 2000 levels and the Nasdaq is… Continue reading Year end trading
Category: Market Commentary
Key reversal levels for week of December 15, 2014
Our key tables and comments for this 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. Some people have been asking for my key reversal levels on their favorite stocks and ETFs. They are now… Continue reading Key reversal levels for week of December 15, 2014
Paradoxical effects in the economy
We got a few down days early in the week, but still ended with new record highs on a number of indexes. Even the German DAX is clocking in new records. As I said last week, pullbacks can be very shallow as long as enough investors are looking for a chance to get back in.… Continue reading Paradoxical effects in the economy
Key reversal levels for week of December 8, 2014
Our key tables and comments for this 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. Some people have been asking for my key reversal levels on their favorite stocks and ETFs. They are now… Continue reading Key reversal levels for week of December 8, 2014
What about a down December?
Stock markets have continued their quiet march higher. Investors who missed the boat are still waiting for a meaningful pullback. Since the October lows the S&P 500 has seen exactly one day in which it dipped more than 0.5% below the previous days low. That was on November 4th, now almost a month ago. Can… Continue reading What about a down December?
LunaticTrader Blog 