LunaticTrader

Investing with the Moon

Outlook 29 March

Posted by Danny on March 29, 2010

Stock held up pretty well last week, although momentum is clearly waning.
Nasdaq pushed as high as 2430, but ended the week little changed.
The Full Moon period has not produced any meaningful pullback so far, which is a sign of strength going forward.

Full Moon will come after today’s close, so we could still see pressure on stock prices this week.
If prices continue to hold up, then look for the markets to reach new highs again in early April.

Good Luck, Danny

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