Investing or trading with some degree of success is not an easy task. I asked the question on some social networks: “What do you consider the biggest challenge for an investor?” Some readers took the time to answer: * Jeff Pierce, Zentrader.ca: “Changing with the market. It’s the periods where the market shifts that wreak… Continue reading What is the biggest challenge for an investor?
Category: Market Commentary
LT wave for June
We just ended a very solid lunar green period with a 152 point gain for the Nasdaq. The S&P 500 reached the 1920 target level we mentioned last week and the Dow Industrials is close to new all time highs again. Can the market break convincingly into new high ground this summer? Let’s have a… Continue reading LT wave for June
Key reversal levels for week of June 2, 2014
Comments for this week : * After a strong week in the stock markets we remain with a fully bullish picture and upward weekly MoM for most major indexes. A pullback will start eventually, and stagnating MoM in the daily keys will normally offer us the first clues when the current rally is nearing an… Continue reading Key reversal levels for week of June 2, 2014
Quick update
Not much time to write as I am on holiday, so only a quick update this week. Here is the current chart for S&P500 index (click for larger image): My technical indicators remain as flat as they can be. So this is a market that can go either way in the coming weeks. We have… Continue reading Quick update
Key reversal levels for week of May 26, 2014
Comments for this week : * In the weekly key reversal levels for major stock indexes we have momentum (MoM) turning up for the Nasdaq and Nikkei. This means all major markets are trying to push higher again. * On the daily level markets have turned to bullish mode as well. It is always hard… Continue reading Key reversal levels for week of May 26, 2014
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