Markets rose nicely in the last days of the Green Period, but the advance has stalled since Red Period began. The market is about flat since last Wednesday. While we could see a spike upwards Monday or Tuesday because of “Yellow Period” (see our LunaticTrader ebook), we remain in Red Period till the last day… Continue reading Outlook June 21
Category: Market Commentary
Outlook June 14
Another roller coaster week with the Nasdaq ending on a positive note. We have a few more days to go in this Green period, so look for a bit more upside. But the next Red period is looming, so I would use any up days this week to lighten up on positions. We only got… Continue reading Outlook June 14
Outlook June 7
Has been a wild week. Stocks rose initially, as we expected, but fell back steeply on Friday. Going forward we remain in Green Period, so I would look for the market to try the upside again this week. If the rally turns out to be weak then we are probably in for another leg down… Continue reading Outlook June 7
Outlook May 31
I guess you are happy if you took our advice and stayed out of the market over the last couple weeks. We are down about 100 points on the Nasdaq over the current Red Period, after being down as much as 200 points last Tuesday. Now we are heading into the Green Period and should… Continue reading Outlook May 31
Outlook May 24
Stocks went down all week long. Red period continues this week, so we are likely to see even lower prices before we get a meaningful bounce (in early June according to the lunar cycles). Stay out of stocks. If we get another drop this week, then look for a short term bottom towards the end… Continue reading Outlook May 24
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