Stock markets remain under some pressure, but overall the pullback is still small. It is amazing how quickly investors’ talk has changed to crash predictions, which makes me think there is more upside to come before we see a more serious decline. Here is the current S&P 500 chart: The S&P 500 is currently testing… Continue reading Did the market peak?
LT wave for August
US markets have reached new record highs. Hurray! Or, last hurray?? S&P 500 and Nasdaq have done exactly what I expected to happen per my recent posts: Ready for 2500 and Show Time. The S&P 500 is stalling just below 2500, and Nasdaq has climbed to 6400 but seems to encounter air pockets up there.… Continue reading LT wave for August
Equinox eclipses and the stock market
The Nasdaq is falling back a bit after climbing above the psychological 5000 mark. Readers of this blog were probably not surprised by that move, as we have been calling for it weeks ago. We will be ending the lunar red period today, and then we will see if the market can go even higher… Continue reading Equinox eclipses and the stock market
Stocks will crash, buy gold?
US stock markets have started to slide. It’s not that we have not been warning in recent weeks, as all my indicators have been pointing down. I could actually repost my March 24 outlook and be done for this week. But that would not be interesting and I have some new charts and information, so… Continue reading Stocks will crash, buy gold?
LT wave for April
Markets continue to act rather weak, despite being in a lunar green period. Especially the Nasdaq, which is now well below its recent peaks already. We have a few more days of lunar green period to go, but later this week we will start an eclipse red period. The red periods preceding a solar eclipse… Continue reading LT wave for April