Stocks have continued their rebound and suddenly it looks as if the world is not falling apart after all. Last week we have warned that the bottom may be in and so far that call doesn’t look bad. We are in a new lunar green period again, and in the previous period the lunar cycle… Continue reading LT wave for February
Tag: lunar cycle
Watching bonds for a big move
Stocks had a weak santa rally and the S&P 500 ended the yearly nearly unchanged. The S&P remains confined to the 2000-2100 range and the next major event is going to be when stocks break away from that range, up or down. Let’s have a look at the chart (click image to enlarge it): The… Continue reading Watching bonds for a big move
Getting ready to buy with both hands
Couldn’t post yesterday, so I am a bit later than usual. The lunar green period just ended with a 176 points loss for Nasdaq. The last four lunar periods have gone against the normal tendency. Some people call that a “cycle inversion”, I think that’s just a beautiful name for “didn’t work”. Lunar cycle traders… Continue reading Getting ready to buy with both hands
What happened with Dow 32000?
Today we revisit the Dow 32000 scenario that I have updated from time to time since the summer of 2013. The Dow has not kept up with the 1920s in recent months, but the Fed has also not started raising rates yet. What will happen when they do? More on that below, first we take… Continue reading What happened with Dow 32000?
Just waiting
Markets pulled back significantly last week and we recorded a 126 points loss for Nasdaq in the recent lunar green period. With a new red period now starting stocks will probably remain under pressure. Let’s have a look at the Nasdaq chart (click image to enlarge it): All my indicators point down and have further… Continue reading Just waiting