Outlook 29 March

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

Outlook 22 March

The Nasdaq briefly touched the 2400 level on 17th March, a date we singled out in our March 1 Outlook already.

With the Full Moon period now starting, we look for a negative bias in the stock markets over the next couple of weeks.
There is extreme Lunar Distance today, before the US markets open.
Other than that there are no Lunar or Planetary extremes coming up this week.
Be out of stocks, or protect your positions with put options.

Cheers, Danny

Outlook 15 March

Stocks have continued to push upward and the Nasdaq is already closing in on 2400, as we indicated last week.

While we may have topped out with Friday’s Lunar Distance extreme, we have a few more days that could mark a peak coming up this week.
There is the New Moon today, and Wednesday we will have extreme Latitude and a Planetary extreme (Uranus Distance).
From next week onwards Lunar Cycles indicate a probable downward bias.

Good Luck, Danny

Outlook 8 March

Stocks have pushed higher and are already testing the January highs, as per our forecast last week.

Wouldn’t surprise me if we see some hesitation this week, and probably some down days mid-week.
We have extreme Lunar Distance coming up on Friday morning, and that could give the signal for another push higher into next week.
Plenty of days left in the current New Moon period, so the Nasdaq Index could take a shot at 2400.

Good Luck, Danny

Outlook 1 March

Stock markets put in a high on Monday’s Declination extreme.
But the downside action has been very mild, producing a relatively flat week.

Early Wednesday we will get extreme Latitude and the start of the next New Moon period.
Given that our Full Moon period and a number of bad economic news reports did not produce significant downside action, suggests that the path of least resistance is up for the moment.

A retest of the January highs is becoming quite likely in the next few weeks.
Lunar cycles suggest a potential top around 17 March or 22 March.

Cheers, Danny