A lot of traders scoff at the idea of lunar cycles in the stock market. But I like that, because if too many people start using a given edge in the market it usually leads to its disappearance. When something gets used up to full “capacity” then it fades away. So, as long as enough… Continue reading Using the Moon for trading. Really?
Tag: lunar cycles
Dow 32000 remains on track
Markets continued to surge last week, racing right back to new record highs for some indexes. With the month of October behind us I am updating my Dow 32000 scenario, which just refuses to go away, and we will also look at potential causes for a final mania. But first we take our weekly look… Continue reading Dow 32000 remains on track
Is the correction over ?
Last week I wrote: “We remain in a lunar green period so I expect this to be a bouncing back week, with upside targets of 4350 and even 4450.” But even that was too pessimistic as the Nasdaq has already climbed to 4484. Does that mean the correction is over? Not necessarily, as I also… Continue reading Is the correction over ?
Why a trader should experiment and how
Remember the now defunct TickerSpy.com? I used it a few years ago to conduct some live experiments with random stock portfolios here on this blog. You can still read the results and conclusions here: Random stocks experiment. Just like science improves through experiment, a trader can improve from doing experiments as well. More on how… Continue reading Why a trader should experiment and how
A market in trouble
Stocks markets came under serious pressure last week and many indexes broke below important support levels. The Nasdaq has dropped 236 points in the lunar red period that just ended, making it the worst red period since we started this blog. In the next weeks we have to watch how the market recovers from this,… Continue reading A market in trouble
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