Category: Market Commentary

LT wave for October

Markets have crept to new record highs. But is it a convincing breakout? The S&P 500 stays within its narrowing range so I would still keep my powder dry here. One or two down days could easily wipe out a full month’s gains, that’s how slow the recent advance has been. Let’s have a look… Continue reading LT wave for October

Outlook for week of October 2

Outlook for world markets with brief comments for next week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then click here. For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes… Continue reading Outlook for week of October 2

Outlook for week of September 25

Outlook for world markets with brief comments for next week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then click here. For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes… Continue reading Outlook for week of September 25

Narrow range

The S&P 500 has climbed just above 2500, technically breaking out above its early August highs. But this doesn’t make the market any easier to read because we remain stuck in a narrowing range. Here is the updated chart: The narrowing range, as shown by the blue lines in this chart, will inevitably be abandoned… Continue reading Narrow range

Outlook for week of September 18

Outlook for world markets with brief comments for next week. Click the “Expand” button (bottom right) to watch in full screen mode. If you have any trouble to see the presentation below, then click here. For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes… Continue reading Outlook for week of September 18