Category: Market Commentary

So, that was a pretty solid down move we got in most stock markets last week. The Nasdaq fell right to the 2600 level, as we mentioned in our post two weeks ago. While we have a few more lunar Red Period days to go, I think the bottom for March is in, unless we… Continue reading Outlook March 21

Red Period is bringing the expected decline in most markets. Even before the earthquake in Japan the market had already dropped below its recent uptrend line. More red period days are coming up this week, so likely further weakness. But probably some bottom is going to be formed between now and early next week. There… Continue reading Outlook March 14

Market action was pretty much as expected last week. Market is trying to recover and close to making a double top. With a couple more days of lunar Green Period to go the Nasdaq could add another 20 points or so, but I would use it as an opportunity to sell. A weak Green Period… Continue reading Outlook March 7

We finally got some downside action last week. Hopefully you have used our advise not to buy this Green Period. The reason not to buy was probably clear for the users of our LunaticTrader program. This was the LunaticTrader chart for February: Around 17 – 19 February there was a rare cluster of lunar and… Continue reading Outlook February 28

The recent Lunar Red Period ended with a 65 point gain on Nasdaq. So the stock market keeps displaying strength upon strength, and we have been getting some questions how this is possible. We will be trying to give some longer answer today. It is indeed weird that the Nasdaq seems to close with a… Continue reading Outlook February 21 – Why stocks keep rising?