The Euro and the Nasdaq

Stock markets are stagnating just below their recent record highs. The Nasdaq gained 89 points in the recent lunar red period, which is the best performance in a red period since early February. Is this the start of another major rally? Or just a fake-out before a significant decline? It is hard to tell right… Continue reading The Euro and the Nasdaq

Ready for 2500

In my last post I recommended caution and wanted to see how the market gets through the lunar red period. Muddling through without further damage to the longer term uptrend would set us up for another rally in July-August. That seems to be what we have got and if the market holds up a few… Continue reading Ready for 2500