Category: Stock Markets 2012
The analysis published under this category are as follows.
Saturday, May 26, 2012
Stock Market Bear Flag Continues.... / Stock-Markets / Stock Markets 2012
By: Jack_Steiman
There is no question about the pattern in place across all the major daily index charts. Whether looking at the S&P 500, Dow, Nasdaq 100, small-cap stocks or large-cap stocks, you see the same pattern everywhere. There was an intense move lower in the market across the board, and after a while, the market got very oversold on all those daily charts. It was time for a pause in the down trend, with the natural course of things to back test the lost 20-day exponential moving averages. Using the S&P 500, that means a back test of 1343. It's been five days in the bear flag, and thus far, the S&P 500 has shown no inclination to even make that type of normal back test. It's just incredibly poor action, to say the least. It's still a possibility that it will happen, but ever so slowly and surely, we are unwinding those oversold oscillators without, basically, any price appreciation. That's never a good sign.
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Thursday, May 24, 2012
Long term Stock Market Top Is in, DOW MAP Analysis / Stock-Markets / Stock Markets 2012
By: Marc_Horn
The Dow has a clear MAP Wave count top on the monthly pivot scale M-2.
Thursday, May 24, 2012
Is the Worst Over for the Stock Market? / Stock-Markets / Stock Markets 2012
By: EWI
Greetings,
As a financial publisher, literally dozens of investment reports come across my desk each quarter, and only occasionally does one capture my attention for more than a couple of minutes.
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Thursday, May 24, 2012
Stock Market SPX Technical Analysis / Stock-Markets / Stock Markets 2012
By: Dr_Volkmar_G_Hable
This is an update on the technical comment regarding the S&P500 (symbol: SPX).
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Thursday, May 24, 2012
Have Small Cap Stocks Bottomed Or Further to Fall? / Stock-Markets / Stock Markets 2012
By: David_Banister
The IWM ETF represents the Russell 2000 small cap growth index. This ETF peaked at 84.66 this spring and has fallen in the the 74′s before the recent two day bounce. What we are looking at is a possible 5 wave rally from October into March, and now a possible 3 wave correction (Wave 2) of 38-50% of that entire 5 wave rally. Elliott Wave theory is broken down into 5 wave and 3 wave movements in the markets and individual stocks, where a full 5 wave pattern in a Bull market is obviously bullish and a 3 wave pattern corrective of the prior 5 wave rally.
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Tuesday, May 22, 2012
Can the Stock Market Reverse and Rally to Highs? / Stock-Markets / Stock Markets 2012
By: David_Banister
Do the Bulls still stand a chance to make another run?
That is the question this weekend after we saw the 1340, 1322 pivots crashed right through following the “SP 500 Bear Case” weekend report on May 13th I sent to subscribers with a chart last weekend (May 13th SP 500 at 1353).
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Tuesday, May 22, 2012
Stock Market Retracement Rally is Nearly Over / Stock-Markets / Stock Markets 2012
By: Anthony_Cherniawski
SPY (132.14) is putting the final touches on its bounce as it tests the underside of its prior Orthodox Broadening Top. A new decline beneath 129.50 will trigger both a new Orthodox Broadening Top with an average target of 99.33 and a new Head & Shoulders pattern with a minimum target of 116.97.
Tuesday, May 22, 2012
SPY Bounced, XLF and FXE Not So High / Stock-Markets / Stock Markets 2012
By: Anthony_Cherniawski
This is just to give you a perspective on “why the bounce?” SPY bounced of yet another Orthodox Broadening Top trendline, just above daily Mid-Cycle support at 128.41. The current Broadening Formation has been forming since mid-February. Each of these formations attest to the pumping of liquidity on each downside breakout. Unfortunately for the Fed and its minions, this break-down has gone further than the others and now the previous formations offer resistance to any attempts to resume the uptrend.
Tuesday, May 22, 2012
Stock Market Oversold Bounce... / Stock-Markets / Stock Markets 2012
By: Jack_Steiman
When the markets opened for trading today, we had the following oscillator readings across the major indices on their daily charts. We had the Dow, and this was the least oversold, at 25-RSI and a 1 stochastic. That unto itself is deeply oversold. We followed that up with a 23-RSI on the S&P 500 chart with a 0, yes, 0 stochastic reading. The numbers on the Nasdaq 100, the most oversold at 21-RSI and 0 stochastic. Call the bears off for a while when there are those types of readings. We were simply too oversold to get involved with any down side action in the very short-term. The oscillators need to unwind up on those daily charts for the bears to be able to get any sustained downside action in the future. This is a game, and, often, the game plays by certain rules that never seem to change.
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Monday, May 21, 2012
Stock Market Corrective Rally Correction Nearly Over, Downside Acceleration Next / Stock-Markets / Stock Markets 2012
By: Anthony_Cherniawski
The VIX may be finished with its back-test of the neckline. There is an outside probability of one more quick touch at 22.60 before moving higher. The VIX is still nowhere near its intended target, so this is just a short reprieve from the rally.
Monday, May 21, 2012
Stock Market Interim Rally Directly Ahead / Stock-Markets / Stock Markets 2012
By: Andre_Gratian
Current Position of the Market
SPX: Very Long-term trend - The very-long-term cycles are down and, if they make their lows when expected (after this bull market is over) there will be another steep and prolonged decline into late 2014. It is probable, however, that the steep correction of 2007-2009 will have curtailed the full downward pressure potential of the 120-yr cycle.
SPX: Intermediate trend - Now that the correction has gone on for nearly three months, it is time to say that it is of intermediate nature - and most likely incomplete!
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Monday, May 21, 2012
Stock Market Dam Has Broken, As Massive Divergences End / Stock-Markets / Stock Markets 2012
By: WavePatternTraders
Last week, I left readers with the possibility of the US markets finding a low if they could hold support early last week, we were expecting a gap down towards 1333-1338ES, to finish a potential 5 wave decline from 1411ES.
It was then I was expecting some sort of rally to try and confirm the working ideas we had, well we got a rally (if you can call it that) but it was not what we were expecting for either the bullish or bearish ideas we were working, so much that we had to take invasive maneuvers quickly, the markets lack of strength was alarming and whilst we bought the lows around 1333ES twice, we simply never seen the sort of strength I was expecting, by Wednesday I had other ideas and made it known to members that failure to get above 1342ES (1340SPX) was a big issue and was very bearish, well the market failed to get above our area, in fact it struggled right at our 1342ES #, so much that is got us short and looking lower, and throwing away our initial ideas that we were working the start of the week and got us aggressively bearish.
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Sunday, May 20, 2012
Stock Market Downtrend May be Ending Soon / Stock-Markets / Stock Markets 2012
By: Tony_Caldaro
A nasty week in most of the world’s stock markets as the current downtrend extended. The SPX/DOW lost 3.9%, the biggest weekly drop since November, and the NDX/NAZ lost 5.3%. Asian markets were -4.0%, European markets were -5.0%, and the DJ World index lost 5.4%. Economic reports for the week were mixed with negatives edging out positives 7 to 6. On the uptick: the NY FED, the NAHB, housing starts, industrial production, capacity utilization, and the WLEI. On the downtick: retail sales, the CPI, business inventories, building permits, the Philly FED, leading indicators, and jobless claims rose. Next week we will get a look at more housing data, durable goods orders and consumer sentiment. Best to your week!
Sunday, May 20, 2012
Not Pretty For The Stock Market Bulls...... / Stock-Markets / Stock Markets 2012
By: Jack_Steiman
There's so much to say, and yet, so little to tell the tale. Let's start with Friday's action. We came into Friday extremely oversold on all the normal time-frame charts we follow. The 60-minute, and daily charts, are at very oversold levels, especially the daily index charts, which rarely, if ever, get to 30 RSI's in an ongoing bull market. We entered the day averaging 26 on the RSI's, on all the important index, daily charts. So we bounced hard today, right? Nope!! Not one bit.
Sunday, May 20, 2012
Asian Stock Markets Set to Decline / Stock-Markets / Stock Markets 2012
By: Donald_W_Dony
After over two years of consolidating, the broad-based Dow Jones Asia/Pacific Index appears set to break this pattern and trend lower.
The index, which covers a large number of Asia and Asia/Pacific countries and select regions, has formed a reversal Head-and-Shoulders formation. This has been developing since early 2010. The pattern is not complete until the index breaks below the 110 support line. This is anticipated to occur by Q3.
Thursday, May 17, 2012
Apple Stock Runs Out of Feul and Breaks Support, Market Action Poor.... / Stock-Markets / Stock Markets 2012
By: Jack_Steiman
Apple Inc. (AAPL) is a leading stock as we all know too well by now. The single most loved stock on planet earth. No other stock is as closely watched. No other stock gets as much love. No other stock gets bought as quickly as Apple does. That is, until it no longer does. Everything becomes full over time. When all anyone wants to do is talk about a given stock, it's time to look elsewhere. The good news is all in and it's flush-down time. There's only so much a single stock can give, before it runs out of fuel. Every stock over time runs out of fuel. There are no exceptions, bigger picture, over the years. Apple is now down just a little over one hundred dollars from its all-time highs. It's not going to be seeing those old high readings again anytime soon.
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Wednesday, May 16, 2012
Turning Andrews Pitchforks into Predictable MAP Cycle Forks, MAP Analysis Part 6 / Stock-Markets / Stock Markets 2012
By: Marc_Horn
Apology – after re-reading it comes across as all analysis is rubbish except for mine. There is good analysis and bad analysis but I am trying to point out there is a difference between systematic and random. Using systematic analysis you can constantly revise and improve your analysis, where as if you are not systematic and object and draw random lines here and there to substantiate your feeling – that depends on which way the wind blows.
Wednesday, May 16, 2012
Stock Market S&P QE3 Update / Stock-Markets / Stock Markets 2012
By: Marc_Horn
The S&P is within its daily 345 SP to D3 cycle fork .
It has broken below its 4H345 MLL - next cycle line WL-1.
Prices are moving down the 4H123 ML but are not expected to make the MLL due to the support of the W345MLU, D12 cycle fork MLL, D345 WL-1, D345SP to D3.
Wednesday, May 16, 2012
U.S. Stock Market Indexes Break Support / Stock-Markets / Stock Markets 2012
By: Donald_W_Dony
Following the May 9th 2012 Market Minute titled " Downward trend starts", the Dow Jones Industrial Average and the S&P 500 have both broken their key support levels and now appear to be moving lower. The US indexes were one of the few world equity markets that had not started to decline in April or early May.
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Tuesday, May 15, 2012
VIX Reflects Escalating Concerns About the Stock Market / Stock-Markets / Stock Markets 2012
By: Chris_Ciovacco
Prior to the open on May 7, we discussed concerns about Greece (GREK) and outlined evidence of slowing momentum in stocks. Since then, the S&P 500 has dropped 31 points. On the morning of May 15, some better than expected data came from Germany with GDP growing 0.5% in the first quarter versus expectations of 0.1%. As shown below, the German DAX Index (EWG) is having trouble holding on to its early morning gains (as of 7:35 a.m. EDT). If the DAX cannot rally on better than expected news, it is not a good sign for risk assets in general.