Reportedly, the level of margin debt on NYSE stocks is back where it was in 1999/2000.
And the year starts with a major trend change date predicted by the Bradley Model.
Wall Street launched a strong, year-long rally throughout 2013, apparently repeating the Saturn in Scorpio tendency I outlined in Forecast 2013.
Forecast 2014 is now available for sale and download.
It follows a similar format to last year's, though I have replaced the monthly list of aspects with a Time Map so traders can see at a glance the high-energy days each month likely to spark a reaction in the markets.
There's also an index-by-index guide to how lunar phase trading actually worked out in individual markets last year, confirming where and when the system can be used safely ... and where it should NOT be used!
As usual, there's a comprehensive section on the technical condition of the major indices, from a long-range point of view, as well as planetary price charts showing the likely upside and downside targets for stock indices over the course of 2014.
And we pay special attention to the gold price, with a whole series of both technical and planetary charts showing exactly what to watch for and the key price levels likely to be very important to traders in the metal for the year ahead.
The gold section was completed on the last day of trading for 2013 - and we're already seeing a bounce from a major junction of two planetary factors. In fact, gold continues to travel rather precisely to the planetary lines I revealed for the first time in last year's Forecast.
However, we also take a very close look at the technical conditions and what needs to be achieved before the metal can be considered a safe and reliable trade, as opposed to a mere speculative play in the short-term.
The price of the Forecast this year is $24. That's Australian dollars ... and since the Aussie has slipped strongly over the course of the year, that currently translates to about 22 greenbacks!
You should have little trouble getting a lot more than the purchase price back with a single trade on the stock or gold indices or ETFs.
As an example of what to expect, I'll tempt you with just one of the charts from the Forecast ... how the FTSE performed during The Moods of The Moon during 2013.
The table shows the performance of the FTSE from the first New Moon of December 2012 into the New Moon of December 2013. The index itself rose 10.17% during those dates.
Going Long for the two weeks between Full Moon and New Moon each month produced an overall profit of 10.43%, despite three periods of rather substantial losses.
And as a "system", the overall profit on the FTSE Loonytoons trades produced a 10.7% gain, outperforming the index. Used in conjunction with some relatively simple technical rules, The Moods of The Moon system continues to provide very strong profits while reducing the risk of being in the market during lunar phases which are statistically negative over longer timeframes.
However, there are some indices where the lunar phase trading system will not work - confirming the warnings I issued in Forecast 2013 about those indices.
Okay, well this first edition of The Eye for 2014 is a shameless plug to sell Forecast 2014. It contains a lot of information and charts you're not going to see anywhere else and which I think will help guide you through the year ahead, regardless of whether the rally has yet to enter its final blow-off or backs away from the run it made over the course of the last year.
In the weeks ahead, we'll slowly return to the usual format for these free weekend reports.
Warm regards, best wishes and ... Safe trading - RA
Important reading: Randall Ashbourne's The Idiot and The Moon, Forecast 2014
(Disclaimer: This article is not advice or a recommendation to trade stocks; it is merely educational material.)
Copyright: Randall Ashbourne - 2011-2013
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