Stocks traded largely flat last week. With another week of Red Period coming up we may still get a retest of the early July lows. But as days pass by we will have to start positioning ourselves for the next Green Period. It appears to me the July lows will hold, and we will be… Continue reading Outlook August 23
Category: Market Commentary
Outlook August 16
Stock markets turned down quite sharply, as we had indicated last week. The uptrend was broken on the day of Lunar distance extreme (perigee) The S&P500 index has dropped to 1080 already. This means we have seen a very weak Green Period (down 62 points on the Nasdaq) come on the heels of a flat… Continue reading Outlook August 16
Outlook August 9
Markets advanced last week, but the move seems to be staling around 2300 on the Nasdaq, 1130 on the S&P500. With a few Green Period days left this week we could try the upside again. But I would use any up day to take profits on long positions and get ready for the next Red… Continue reading Outlook August 9
On the ‘Cardinal Climax’
Some readers have been writing me, asking why the market is not going down with the current ‘cardinal climax’, a number of oppositions and squares between several planets in the sky. Here is a recent interview with our colleague Arch Crawford, where you can read more on that topic. While we do not use aspects… Continue reading On the ‘Cardinal Climax’
Outlook August 2
The market gave back some of its recent gains, but we still ended flat on the Nasdaq for the Red Period that just ended. This means the market shows strength, at least for the time being, and we should now look for a further move upwards in the current Green Period. Already we see a… Continue reading Outlook August 2
LunaticTrader Blog 