Last week we looked at the potential for a further rise in December. Markets have indeed pushed higher and the Nasdaq is now comfortably above 4000, but my indicators are starting to ooze warning signs for the S&P 500. Here is the current chart (click for larger image): The S&P has been grinding up to… Continue reading Watch out for a December dip
Tag: lunar cycles
One way year
Stocks are climbing again after yet another brief pullback. After a one way year like this it is quite normal to see major indexes end the year at or near their highs. So, I wouldn’t look for much downside action in December, unless some major disaster strikes. How high could we go in the last… Continue reading One way year
Be a market agnostic
A lot of investors think they can only profit by correctly predicting where the market is going to go next. But some investors are actually doing very well by simply going along with what comes along. They follow the market rather than trying to predict where it will be next month, next year… More on… Continue reading Be a market agnostic
Air pockets
Stock markets have gone mostly sideways as we indicated last week. The Dow Jones Industrials managed to set new highs, but the Nasdaq failed to do so. On Thursday there was a sudden drop in the market, followed by a remarkable comeback on Friday. This could be the first of a series of air pockets… Continue reading Air pockets
Investor sentiment
Stocks continue to hover near their highs, but the market starts to looks a bit tired. We will be entering a new lunar red period this week. The most recent red periods have brought significant gains in most stock markets, but that’s rather unusual. It tends to happen a few times a year and then… Continue reading Investor sentiment
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