Markets are trying to catch their breath after the strong run in October. We may see another rally attempt this week, but I think we are going to get more of a pullback before stocks go higher again next year. With many indexes near their all time highs again a lot of investors will probably… Continue reading Pullback time
Tag: lunar cycle
LT wave for November
The market was about flat last week and the lunar red period ended with a solid 167 point gain on the Nasdaq. It is the first time this year that stocks gain during a red period, which suggests underlying strength in the market. Can the market go even higher in the new green period? Let’s… Continue reading LT wave for November
Ridiculous performance
Markets went higher last week and ended the lunar green period with a nice 267 point gain for Nasdaq. So far this year the lunar cycle has been ridiculously accurate in calling the swings in the market. There are still a few more months to go and a lot can happen, but this could easily… Continue reading Ridiculous performance
Where does the Euro strength come from?
Stock market volatility has calmed down a bit and most markets ended the week on a positive note. We have a few more lunar green period days to go and then we will enter a new red period. If the market is going to retest and possibly take out its recent lows, then its best… Continue reading Where does the Euro strength come from?
Washout time
We got the first failed lunar period of the year and the market promptly followed through on the downside. I have been warning for it. Last month I wrote: “…we keep waiting for the first lunar cycle miss of the year. When it comes it will give us an important read on the market, as… Continue reading Washout time
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