Stocks have pushed higher and are already testing the January highs, as per our forecast last week. Wouldn’t surprise me if we see some hesitation this week, and probably some down days mid-week. We have extreme Lunar Distance coming up on Friday morning, and that could give the signal for another push higher into next… Continue reading Outlook 8 March
Category: Market Commentary
Outlook 1 March
Stock markets put in a high on Monday’s Declination extreme. But the downside action has been very mild, producing a relatively flat week. Early Wednesday we will get extreme Latitude and the start of the next New Moon period. Given that our Full Moon period and a number of bad economic news reports did not… Continue reading Outlook 1 March
Outlook 22 February
Stocks moved higher last week and so far giving no signs of a top. We will have extreme lunar declination after the close today. So a swing high may be made today or on tomorrow’s open. We are still in the Full Moon period, so weakness in stock prices remains in the cards. If stocks… Continue reading Outlook 22 February
Outlook 15 February
Stocks struggled all week long but the Nasdaq eventually ended with small gains. So far this New Moon period has produced only weak upside action, which suggests that the path of least resistance for stocks is still down. Tuesday or Wednesday could mark the top of recent rebound, and next we will enter a Full… Continue reading Outlook 15 February
Outlook 8 February
We got our expected upside action last week, but the market turned over on the Latitude Extreme on Wednesday and we ended the week slightly in the red. We get extreme Lunar Declination today. So this could easily turn the markets up again, especially since we are still in the New Moon period, which usually… Continue reading Outlook 8 February