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Archive for the ‘Market Commentary’ Category

Outlook for week of January 15

Posted by Danny on January 14, 2018

Outlook for world markets with brief comments for next week.

Click the “Expand” button (bottom right) to watch in full screen mode.

If you have any trouble to see the presentation below, then click here.

For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes as a daily html file covering over 2700 stocks and ETF. To see what you get you can pick up recent free samples on this page. Instructions for use are included. Give it a try.

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Outlook for week of January 8

Posted by Danny on January 7, 2018

Outlook for world markets with brief comments for next week.

Click the “Expand” button (bottom right) to watch in full screen mode.

If you have any trouble to see the presentation below, then click here.

For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes as a daily html file covering over 2700 stocks and ETF. To see what you get you can pick up recent free samples on this page. Instructions for use are included. Give it a try.

Posted in Market Commentary | Tagged: , , | Leave a Comment »

Outlook for week of January 1

Posted by Danny on January 2, 2018

Outlook for world markets with brief comments for next week.

Click the “Expand” button (bottom right) to watch in full screen mode.

If you have any trouble to see the presentation below, then click here.

For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes as a daily html file covering over 2700 stocks and ETF. To see what you get you can pick up recent free samples on this page. Instructions for use are included. Give it a try.

Posted in Market Commentary | Tagged: , , | Leave a Comment »

LT wave for January

Posted by Danny on January 2, 2018

Markets have continued to trade in “painless” fashion, just grinding higher without corrections worth talking about. Naturally this will not continue forever and it may end sooner rather than later. Here is the current Nasdaq chart:

^COMP (Daily) 3_18_2016 - 12_29_2017

The latest all time highs came just before christmas. As long as the blue trend line stays intact there is no problem, but once it gets broken a significant correction will be highly likely. The Earl indicator (blue line) has turned down again, indicating a downturn may have started a week ago. The slower Earl2 (orange line) has been weakening for several month already. This is still not a setup that wants me to do more new buying. The risk/reward ratio is just too poor here.

After weak performance for November our LT wave for December has been close to perfect. Here is the LT wave for January:

ltwaveJan2018

Expected weakness until Dec 5 was right on the mark and followed by a market advance throughout the expected strong period until Dec 22. Weakness in final week came true as well. Doesn’t get much better.
For January the LT wave projects strength until around the 10th followed by weakness for the rest of the month (with some possible bounce around the 20th). Highest LT wave value comes on the 7th with the lowest coming on the 25th. If we do not see new record highs in the first 10 days of the month then the bull run may be over and the rest of January could be down sharply. We really need to watch the long term trend line (see chart above) in that case.

Posted in Financial Astrology, Market Commentary | Tagged: | 1 Comment »

Outlook for week of December 25

Posted by Danny on December 25, 2017

Outlook for world markets with brief comments for next week.

Click the “Expand” button (bottom right) to watch in full screen mode.

If you have any trouble to see the presentation below, then click here.

For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes as a daily html file covering over 2700 stocks and ETF. To see what you get you can pick up recent free samples on this page. Instructions for use are included. Give it a try.

Posted in Market Commentary | Tagged: , , | Leave a Comment »

Outlook for week of December 18

Posted by Danny on December 18, 2017

Outlook for world markets with brief comments for next week.

Click the “Expand” button (bottom right) to watch in full screen mode.

If you have any trouble to see the presentation below, then click here.

For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes as a daily html file covering over 2700 stocks and ETF. To see what you get you can pick up recent free samples on this page. Instructions for use are included. Give it a try.

Posted in Market Commentary | Tagged: , , | Leave a Comment »

Outlook for week of December 11

Posted by Danny on December 10, 2017

Outlook for world markets with brief comments for next week.

Click the “Expand” button (bottom right) to watch in full screen mode.

If you have any trouble to see the presentation below, then click here.

For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes as a daily html file covering over 2700 stocks and ETF. To see what you get you can pick up recent free samples on this page. Instructions for use are included. Give it a try.

Posted in Market Commentary | Tagged: , , | Leave a Comment »

Higher it goes

Posted by Danny on December 4, 2017

Markets have burst higher in recent weeks, taking most major indexes to new record highs. Does this mean the market has nowhere to go but up? Maybe. We will have a look into that question later in this article, but let’s have a look at the Nasdaq chart first:

^COMP (Daily) 3_10_2016 - 12_1_2017

Instead of threatening to go down the Nasdaq is breaking out above the red channel it has been occupying most of the year. The longer term up trend remains firmly in place. If anything stocks are accelerating here. But how much longer?
Some warning signs remain in place. There are bearish divergences in the Earl (blue line) and Earl2 (orange line) that do not go away. This has been a painless advance for such a long time now. Some investors will probably panic as soon as we get a 5% drop from the highs some day. I would rather wait for that panic to do any new buying. But we may have plenty company when it comes to waiting for a >3% pullback.

Our LT wave for November did very poorly. It could hardly be any worse, actually. Markets climbed when we expected weakness and fell when the wave indicated strength. Will that continue to be the case? I have no idea. Here is the wave for December:

ltwaveDec2017

Weakness is projected until Dec 5, followed by a stronger period until the 22nd. The final week of the month looks weak again. This means that if we see no downside action in the next couple of days the market could just continue to march higher into xmas. And with very thin trading in the final week of the year it remains to be seen how that expected weakness will pan out.
Personally I will rather watch from the sidelines until our cycles get into gear again.

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Outlook for week of December 4

Posted by Danny on December 3, 2017

Outlook for world markets with brief comments for next week.

Click the “Expand” button (bottom right) to watch in full screen mode.

If you have any trouble to see the presentation below, then click here.

For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes as a daily html file covering over 2700 stocks and ETF. To see what you get you can pick up recent free samples on this page. Instructions for use are included. Give it a try.

Posted in Market Commentary | Tagged: , , | Leave a Comment »

Outlook for week of November 27

Posted by Danny on November 27, 2017

Outlook for world markets with brief comments for next week.

Click the “Expand” button (bottom right) to watch in full screen mode.

If you have any trouble to see the presentation below, then click here.

For shorter term trading and more optimal entries there are daily reversal levels, which are available by monthly subscription. Comes as a daily html file covering over 2700 stocks and ETF. To see what you get you can pick up recent free samples on this page. Instructions for use are included. Give it a try.

Posted in Market Commentary | Tagged: , , | Leave a Comment »

 
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