Category: Stock Index Trading
The analysis published under this category are as follows.Sunday, December 06, 2009
Stock Market Trends Update, Short Down, Medium Up, Long Down / Stock-Markets / Stock Index Trading
LONG-TERM TREND (> 1YR) OF THE MARKETS: DOWN -
(See Long-Term Chart of the Dow Jones Industrial Average since 1974 for further details)
Sunday, December 06, 2009
Stock Market Short-term Rally More Probable than a Decline / Stock-Markets / Stock Index Trading
Current Position of the Market
SPX: Long-term trend - Down! The very-long-term cycles have taken over and if they make their lows when expected, the bear market which started in October 2007 should continue until 2014. This would imply that
much lower prices lie ahead. As illustrated by the current market performance, this will not be a straight-down
decline, but will consist of a series of intermediate-term rallies and declines until we have reached the low
point.
Saturday, December 05, 2009
Nasdaq NDX Stock Index Futures Technical Study / Stock-Markets / Stock Index Trading
I was lucky in the order, but I've always been lucky when it comes to killin' folks – Character of William Munny, as played by Clint Eastwood, in the Movie Unforgiven
Read full article... Read full article...
Saturday, December 05, 2009
Stock Market Bullish Trend Remains Intact / Stock-Markets / Stock Index Trading
Grudgingly, I must admit that the market's upward trend remains in place. However, this remains a very difficult market to make money in while the risk/reward still looks more like a gamble on the long side rather than a solid speculation.
Read full article... Read full article...
Thursday, December 03, 2009
Dow Stocks Index Expanding Triangle Bearish Price Pattern / Stock-Markets / Stock Index Trading
My most recent in depth analysis of the stock market (02 Nov 2009 - Stocks Bull Market Forecast Update Into Year End) concluded with a projected rally for the Dow from 9712 to the target zone of 10,350 to 10,500, which on subsequent price action was fine tuned to 10,425 (Nov 2009 - Stocks Enter Correction Zone, Gold and Silver Next to Follow? ). This was achieved last week and was followed by a swift drop following the Dubai debt crisis implying that the correction towards the target zone of 9,900 to 9,950 was underway.
Read full article... Read full article...
Wednesday, December 02, 2009
Stock Market Trend, Nothing Bearish Here.... / Stock-Markets / Stock Index Trading
It is stunning to me to listen to so many who have gotten bearish here. Any selling, especially in a leading stock such as Apple Inc. (AAPL) over the past two days, gets the bears rocking and coming out of the closets. Look, I know there are no guarantee's here as the market could fold over at any time without warning, but I just don't see anything that says things are deteriorating. Not at all. Look at today's advance-decline line on a flat day. Very strong across the board with advancers easily overwhelming the decliners.
Read full article... Read full article...
Wednesday, December 02, 2009
S&P 500 Sets New 2009 High, But Stock Indices Close Mixed / Stock-Markets / Stock Index Trading
The markets had a somewhat volatile session, up sharply in the morning, reached new highs for the year on the S&P 500 but were unable to confirm on the Nasdaq 100. They then rolled over sharply, retested the lows, bounced on two occasions, held the lows, and tried to snapback late in the session, but ended mixed on the day.
Read full article... Read full article...
Wednesday, December 02, 2009
Stock Market Rally Lacks Volume Ready to Correct / Stock-Markets / Stock Index Trading
A healthy bull run for the stock market must come from rising prices and rising volume. This is an old and time-honored stock market analysis concept, and probably one of the most profound insights into market behavior.
Thus, a rally lacking volume is at least suspicious. And a rally with declining volume is a sign of a weak market and usually a harbinger of a correction if not an outright trend change.
Read full article... Read full article...
Tuesday, December 01, 2009
Stock Market Upside Follow Through / Stock-Markets / Stock Index Trading
The indices followed through on yesterday's late comeback rally and gapped up strongly early on, backed off and retested the gap successfully, and then came on and rallied strongly into the mid-afternoon before a last 90-minute rollover brought them off the highs.
Still net on the day the Dow was up 126.74 at 10,471,58, the S&P 500 up 13.23 to 1108.86, and the Nasdaq 100 up 20.28 at 1787.71.
Read full article... Read full article...
Tuesday, December 01, 2009
Now The Stock Market Bulls Fail..For Now... / Stock-Markets / Stock Index Trading
Yes, that's the way it has been for nearly three months now. Each side taking turns missing out on their opportunities once it's right there for the taking. There are enough bulls and enough bears at critical junctures to be sure that no one takes the other side to their demise. Oh so close the other day as the Nasdaq challenged its 50-day exponential moving average. The bulls came in and blasted things right back up.
Read full article... Read full article...
Tuesday, December 01, 2009
Stock Market S&P500 Major Trend Change Alert / Stock-Markets / Stock Index Trading
Well here we are in the month of December and things can get pretty tricky this month. For this reason, I wanted to produce a video that I thought would be helpful to you during this time.
Read full article... Read full article...
Tuesday, December 01, 2009
Stock Market Bears Can't Break It Down....Not Yet Anyway... / Stock-Markets / Stock Index Trading
There just seems to be nothing around that's news worthy of breaking this market down below the 50-day exponential moving averages across the board. We get the Dubai News and the bears come out in droves telling us all that the end is here for the bullish story. The market falls bet yet finds a way to hang in there above support. We have an up open today followed by some good selling that takes the Nasdaq right back to its 50-day exponential moving average but once it gets within two points of this level it bounces very hard. The S&P 500 and Dow didn't come near to their 50's.
Read full article... Read full article...
Tuesday, December 01, 2009
Stock Market Strength Survives / Stock-Markets / Stock Index Trading
With plenty of reasons to fall apart, the market has held up well.Stock Barometer Analysis
The Barometer remains in Sell Mode.
Read full article... Read full article...
Monday, November 30, 2009
Stock Market Solid 5-Wave Advance Reverses Morning Losses / Stock-Markets / Stock Index Trading
The markets started out the week on a positive note after some early session choppiness. They were down early at the get-go, rallied to session highs early on, and then rolled over hard to the session lows before noon. They meandered back and forth, held support and then launched a 5-wave advance over the last three hours to close with a solid advance.
Read full article... Read full article...
Monday, November 30, 2009
Forget Dubai, This is What Could Cause a Stock Market Plunge / Stock-Markets / Stock Index Trading
Last Monday, we reported on the VIX (Volatility Index) and how it had an "Expanding Wedge" pattern.
Read full article... Read full article...
Monday, November 30, 2009
Stock Market Key Reversal Date / Stock-Markets / Stock Index Trading
Markets are on shakey ground - but its all bullish...
Stock Barometer Analysis
The Barometer remains in Sell Mode.
Sunday, November 29, 2009
Stock Index Trading Trend Analysis / Stock-Markets / Stock Index Trading
LONG-TERM TREND (> 1YR) OF THE MARKETS: DOWN -
(See Long-Term Chart of the Dow Jones Industrial Average since 1974 for further details)
Sunday, November 29, 2009
Stock Market Investor Sentiment Still Waiting For the "R" Word / Stock-Markets / Stock Index Trading
As expected, last week's holiday infested market action provided little clarity. The sentiment picture remains relatively unchanged. Nonetheless, there was a market moving event, and the "default in Dubai" will likely leave investors with one of two conclusions: 1) coordinated efforts by central bankers to re-liquify the world economy are likely to continue as bad news means good news --the proverbial punch bowl will be with us for awhile; or 2) the house of cards -otherwise known as the recovery - is beginning to look a little wobbly; central bankers, no matter how hard they try, are unable to fight the forces of deleveraging. This contagion just won't go away so easily.
Read full article... Read full article...
Saturday, November 28, 2009
Was March the True Stock Market Bottom? Here is How You Will Know Soon / Stock-Markets / Stock Index Trading
The Associated Press calls them “fully invested bears.”
It’s the most unique phenomenon of this rally. They are the large and successful group of investors – both individual and institutional – who see the economic reality around them and are naturally bearish. However, they’re still fully invested.
Read full article... Read full article...
Saturday, November 28, 2009
Dump the Dow, Stock Market Bullish Trend Under Growing Pressure / Stock-Markets / Stock Index Trading
My crusade this week is to get financial analysts to stop focusing on the Dow Jones Industrial Average is the most important symbol of the US stock market. In the ticker tape parade everyday on CNBC, I would much rather see the S&P 500, the NASDAQ, and the Russell 2000 rather than the Dow.
Read full article... Read full article...