Another volatile week pulled stock markets down, only to see them rebound strongly by the end of the week. What’s next? As we pointed out last week, the market is at a high risk point. That is still the case here. Last week’s drop has set important lows. If these lows get broken to the… Continue reading LT wave for October
Tag: lunar cycles
Market motor sputtering
After a very volatile week US markets stabilized a bit on Friday. The Nasdaq ended the recent lunar green period with an 80 point loss, making it the weakest green period since January. Is this weakness set to continue in the current lunar red period? Let’s take a look at the S&P 500 chart for… Continue reading Market motor sputtering
Pushing higher
After a few weeks of sideways action the markets are once again pushing higher. Why do stocks refuse to go down? Well, who is going to sell and where is a seller supposed to put the cash if not in stocks? Bonds? Wine? Zero interest rate programs are destroying the natural balance between stock and… Continue reading Pushing higher
When the digesting is done
US markets seem to be in a sideways mode. That may set us up nicely for another push into record territory. Or is this market going to surprise us with a sudden drop? We have now started a new lunar green period, so we will find out soon if any fuel is left in the… Continue reading When the digesting is done
Is margin debt too high?
The first week of September has been more or less flat in the US stock markets. Once again we see a lot of observers call for the next crash or bear market based on all kind of indications. Today we will join the dance and take a look at margin debt, but let’s start with… Continue reading Is margin debt too high?