The Nasdaq recorded a 68 point loss in the recent lunar red period. This keeps up the perfect record for the lunar cycle in 2015 so far: In fact, since April last year there has been only one green period in which the Nasdaq went down, an 80 point loss in September 2014. In the… Continue reading The lunar cycle is working too well
Tag: lunar cycle
Refusing the downside
The S&P 500 has edged out new highs. The Nasdaq shows a but more vigor. The Dow is lagging. Is this the end of the sideways period that started in November? Or just a false breakout that pulls in the last buyers? It is hard to tell. Let’s have a look at the S&P (click… Continue reading Refusing the downside
Who buys new record highs?
Last week we asked a poll question and several readers have taken the time to put in a vote. More on the results later in this post. We also have the LT wave chart for April, but first we take our customary look at the S&P 500 (click image to enlarge it): We got a… Continue reading Who buys new record highs?
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