Our key tables and comments for this week, now in slideshow format. Click the “Expand” button (bottom right) to watch in full screen mode. Click on “Slideshare” (bottom left) if you want to save and print it. If you have any trouble to see the presentation below, then you can also click here. Good luck,… Continue reading Key reversal levels for week of September 8, 2014
Category: Market Commentary
Outlook for September
Stock markets have reached new highs last week. The S&P 500 has climbed above 2000 for the first time and now sits right at our Top target at 2004. Further gains appear likely, but September and October are two months with a rather bad reputation and that may prompt investors to take some profits. Let’s… Continue reading Outlook for September
Key reversal levels for week of September 1, 2014
Our key tables and comments for this week, now in slideshow format. Click the “Expand” button (bottom right) to watch in full screen mode. Click on “Slideshare” (bottom left) if you want to save and print it. If you have any trouble to see the presentation below, then you can also click here. Good luck,… Continue reading Key reversal levels for week of September 1, 2014
The case for Dow 32000 Updated
Here are some updates on a series of long term charts I posted last year. Interestingly the case for Dow 32000 is still alive and kicking. Who would have thought? Let’s start with the Dow going back to 1928. This is a very large image, so click on it to see the full detail: The… Continue reading The case for Dow 32000 Updated
Garbage in garbage out
What ingredients go into our trading decisions? Opinions we hear in the financial media? Technical indicators that draw colorful lines on our screen? The latest forward “guidance” issued by the central bank? The next full moon or Jupiter in Leo? The AAII sentiment survey numbers? The stock picks we see on scutify.com? The Elliott wave… Continue reading Garbage in garbage out