Stock markets have reached new highs last week. The S&P 500 has climbed above 2000 for the first time and now sits right at our Top target at 2004. Further gains appear likely, but September and October are two months with a rather bad reputation and that may prompt investors to take some profits. Let’s… Continue reading Outlook for September
Tag: 1920s
Is the breakout for real?
Stocks have pushed to new highs in rather convincing fashion. Is this a real breakout, or a just blow-off top? Here is the current chart for the S&P 500 (click for larger image): Our lunar red period has not stopped the recent rally and the S&P 500 chart is showing a clear breakout from the… Continue reading Is the breakout for real?
Can we avoid Dow 32000?
Stocks reached new record highs last week, right at the end of our lunar green period. That marks the first solid green period in quite a while and suggests that normal lunar cycles are coming back. I think we will see a pullback in the current red period, but probably not as deep as many… Continue reading Can we avoid Dow 32000?
1920s again
A quick update of the chart I first presented last June, and in an updated version last August. It is now updated for monthly Dow closes until December 2013 (click for larger image): The correlation with 1920s bull market remains very high, and has actually increased again since the August update. The correlation is now… Continue reading 1920s again
LunaticTrader Blog 