Category: Stock Index Trading
The analysis published under this category are as follows.Friday, March 13, 2009
Stock Market Enters 2 Month Cycle Rally / Stock-Markets / Stock Index Trading
Friday 13 may imply plenty of luck for global equity markets as it could confirm the beginning of a 2-month rally in the major indices based on cyclical analysis of the past 12 months. Since mid March 2008 (1-year anniversary of the Bear Stearns bailout), the S&P500 has persistently shown rallies and declines lasting 7-8 weeks. The same rule has applied for the FTSE, DAX and the NIKKEI.Read full article... Read full article...
Friday, March 13, 2009
Another Huge Day for the Stock Market Bulls / Stock-Markets / Stock Index Trading
It was another huge day for the bulls, as the market exploded after a brief early morning dip, and then ramped up in stair-step fashion for the rest of the day, closing near the highs for the day.Read full article... Read full article...
Wednesday, March 11, 2009
Another Win for the Stock Market Bulls / Stock-Markets / Stock Index Trading
The indices were up, down, up, and down again to close slightly higher on the session, a win for the bulls and not the reversal type day after yesterday's rally. So that's a positive.Read full article... Read full article...
Wednesday, March 11, 2009
Stock Market Huge Upside Explosion! Turnaround Tuesday INDEED! / Stock-Markets / Stock Index Trading
The markets had a huge upside explosion from the get-go, ran hard all day, pulled back late in the afternoon but held support, and then came on to close to at the highs for the day going away on a major turnaround Tuesday.Read full article... Read full article...
Wednesday, March 11, 2009
Stock Market Bulls Stick It To Over Extended Bears / Stock-Markets / Stock Index Trading
The big rally finally happened. Considering the extreme oversold readings on the indicators, a snapback rally was expected. All that was needed was a little bit of good news, which came by way of Citigroup 's announcement it has been profitable for the past two months. An announcement by Representative Barney Frank that the SEC would likely reinstate the uptick rule also helped move prices upward.Read full article... Read full article...
Wednesday, March 11, 2009
Stock Market Anticipated Bounce Has Begun / Stock-Markets / Stock Index Trading
Models have indicated, for several weeks, that an advance in the equity markets during March could be expected. The positive news from Fed chairman Mr. Bernanke and Citigroup today has provided the trigger for that bounce. Technically, this upward movement is considered to be a bear market rally and is part of the on going milder downward trend in 2009. As the next major low is expected in June, this bounce should fade by mid-to-late April or before.Read full article... Read full article...
Monday, March 09, 2009
Into the Thin Zone ... Stock Market Historically Oversold / Stock-Markets / Stock Index Trading
That's where we are and apparently why the most oversold conditions I have ever witnessed are, for now, being ignored. We're including a chart tonight that shows you exactly what the thin zone looks like. No real on the Sp until about 500. Now, and this is important to keep in mind, this doesn't mean we're headed there. The institutions will decide when they should come in and that could be well above 500. The key is simply understanding that the thin zone is alive and when it is, the shorts are less fearful because they know they're shorting without being near major support levels.Read full article... Read full article...
Thursday, March 05, 2009
Stock Market Solid Gain but Disappointing Finish / Stock-Markets / Stock Index Trading
The market ended with a solid gain for the session, but it disappointed with a last half-hour sell-off that took back a chunk of the gains. The day started out with a gap up. They backed and filled early in the session, but then took off in the morning, reaching the morning highs just before the lunch hour. During the lunch hour and shortly thereafter they consolidated in a flag-like fashion, holding intraday support, and came on again in the afternoon, especially on the S&P 500 and Dow, as the blue chips caught up with the NDX from yesterday.Read full article... Read full article...
Monday, March 02, 2009
Stock Market On Fast Train Towards Zero / Stock-Markets / Stock Index Trading
On Sunday, I indicated that when the market fails to sell off on bad news, it means the market is finding a floor. When it in fact sells off on bad news, it is certainly not a good sign. This sort of ties into the old market adage, “buy on the rumor, sell on the news,” whereby by the time the news has been published to the world, it has already been discounted by the market.Read full article... Read full article...
Monday, March 02, 2009
Stock Market Indices Reach Extreme Oversold Levels / Stock-Markets / Stock Index Trading
It was an extremely negative way to start the week, but that's been customary in this bear market. The indices started with big gaps down, tried to rally early on but didn't last long, and then rolled over and sold off steadily until early afternoon when they tried another rally that lacked thrust and rolled over in the last hour to close near the lows for the day.Read full article... Read full article...
Sunday, March 01, 2009
Stock Market Investor Sentiment: Dumb Money Still Betting on Hope / Stock-Markets / Stock Index Trading
The "dumb money" still appears to be holding out hope that the "test" of the November, 2008 lows will pay dividends. Despite the weak price action, these investors are not bearish to any great degree. In fact for the 13th week in a row, the "dumb money" remains neutral and on the wrong side of the trend.Read full article... Read full article...
Thursday, February 26, 2009
Sharp Afternoon Slide Sends Stocks Indices Lower / Stock-Markets / Stock Index Trading
The markets had a strong slide after a morning rally that sent them to the lows of the day near the close, definitely a bad day for the bulls.Read full article... Read full article...
Thursday, February 26, 2009
Stock Market Battling Between Negative and Positive Divergences / Stock-Markets / Stock Index Trading
Can a market positive and a market negative coexists at the same time?
The answer is: For a short period of time.
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Tuesday, February 24, 2009
Stock Market Tuesday Turnaround / Stock-Markets / Stock Index Trading
The markets ended with a huge session, and it was turnaround Tuesday indeed today. The indices started out with a strong surge from the get-go. They backed and filled for most of the morning, but held support. After lunch hour the markets took off and ran steadily higher to close near the session highs.Read full article... Read full article...
Monday, February 23, 2009
Stock Market Investor Sentiment: Same Story, Different Week / Stock-Markets / Stock Index Trading
For the 12th week in a row the "dumb money" indicator remains neutral on the markets, and the "smart money" indicator has had one moderately bullish reading over the past 19 weeks. Like the endless parade of Sunday night bailouts and "breaking news" stories, it is the same old, tired story that is not getting the market anywhere.Read full article... Read full article...
Monday, February 23, 2009
Stocks Bear Market Preparing for Upside Breakout / Stock-Markets / Stock Index Trading
On Tuesday, the S&P 500 Index swooped below 805 like a hot knife through butter, but a lack of follow through yesterday suggests the alternate count for the S&P 500 Index is now the preferred count. Also in today's article is an update of the US Dollar Index, along with various currencies.Read full article... Read full article...
Saturday, February 21, 2009
Liquidity Outflows Keeping the Stock Market Down / Stock-Markets / Stock Index Trading
Let's talk about Liquidity versus the Stock Market today ...
When Liquidity is expanding, then there is more money available to chase fewer goods and that causes prices to go up. That happens for products, commodities, and the stock market.
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Saturday, February 21, 2009
Stock Market At A Critical Juncture / Stock-Markets / Stock Index Trading
So much for a boring market. The bears certainly arrived on the scene this week. Although some bulls finally showed up, too, was it enough? The financials continue to weigh heavily on the market. The thought of nationalizing banks and destroying shareholder equity is apparently a most unsettling prospect for investors. The administration promises to provide more information regarding its methods to save the banks, but will the clarity be enough to satiate the masses and save the markets?Read full article... Read full article...
Saturday, February 21, 2009
Speculation: Investing, Hedging and Trading / Stock-Markets / Stock Index Trading
One man's loss …is another man's gain - Commonly referred to by mass media and better known in the financial industry's perpetual variation of sales-pitches as “investing for the long haul”, prudent SPECULATION on a trade-by-trade basis - regardless of time horizon, is indeed a zero sum game.Read full article... Read full article...
Friday, February 20, 2009
Near-Term Peak Approaching for ProShares UltraShort SPY (AMEX: SDS) / Stock-Markets / Stock Index Trading
The 4-hour chart of the ProShares UltraShort SPY (AMEX: SDS) is a very illuminating graphic. The SDS is near two very important "swing" targets: 1) the light green line shows the equidistant uplegs of 23 points off of the 1/06 low, and after the pullback to the Feb 9th of 71.85, which projects a target of 94.90-95.20; and 2) the light blue lines show the measured upmove off of the Double Bottom formation, which projects a target of 96.00/30 from the "neckline" breakout level (84.00/25). So far, today's high is 94.82, which is very close to precisely satisfying the optimal "swing" target zone.Read full article... Read full article...