Outlook 29 March

Stock held up pretty well last week, although momentum is clearly waning. Nasdaq pushed as high as 2430, but ended the week little changed. The Full Moon period has not produced any meaningful pullback so far, which is a sign of strength going forward. Full Moon will come after today’s close, so we could still… Continue reading Outlook 29 March

Outlook 22 March

The Nasdaq briefly touched the 2400 level on 17th March, a date we singled out in our March 1 Outlook already. With the Full Moon period now starting, we look for a negative bias in the stock markets over the next couple of weeks. There is extreme Lunar Distance today, before the US markets open.… Continue reading Outlook 22 March

Outlook 15 March

Stocks have continued to push upward and the Nasdaq is already closing in on 2400, as we indicated last week. While we may have topped out with Friday’s Lunar Distance extreme, we have a few more days that could mark a peak coming up this week. There is the New Moon today, and Wednesday we… Continue reading Outlook 15 March

Outlook 8 March

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

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