…, then something else has to happen. Many investors were waiting for an overdue correction in May. Media outlets were reminding us to “Sell in May..”, since that had worked so well in each of the past three years. And what did we get? A melt-up. And now that bears have thrown in the towel,… Continue reading When everybody expects the same thing…
Category: Market Commentary
Is it a lemming market?
Markets have added to gains, and it is now clear that we enjoyed a very strong eclipse green period. We will be entering a new lunar red period this week, so this could be an important juncture. Here is the current chart of the Nasdaq composite index (click for larger image): The breakout to the… Continue reading Is it a lemming market?
Further upside
Markets continued to march higher last week, and we now have clear breakouts to the upside in place. Such a strong performance is not unusual in eclipse green periods, as we explained a few weeks ago. We have another week of green period to go, so further gains are in the cards, but I think… Continue reading Further upside
D Time
Markets recovered surprisingly well last week, but despite this recovery the lunar red period ended with a slight loss on the Nasdaq. We now enter a new green period, what’s in store? Here is the Nasdaq chart (click for larger image): This looks like a potential double top. We cannot rule out a further rise… Continue reading D Time
Long term commodity price cycle
In a recent article posted by NASA, the possibility that we may be entering a Maunder minimum type period of global cooling was openly discussed. The current very weak solar cycle 24 is supporting that hypothesis. This prompted me to take a closer look how long term solar activity has influenced commodity prices in the… Continue reading Long term commodity price cycle
LunaticTrader Blog 