Category: Stock Markets 2014
The analysis published under this category are as follows.Tuesday, February 17, 2015
Is the Stocks Bull Market Over? Dow Trend Forecast into End January 2015 / News_Letter / Stock Markets 2014
The Market Oracle NewsletterOct 13th , 2014 Issue # 19 Vol. 8
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Thursday, January 01, 2015
Stock Market Gappy New Year! / Stock-Markets / Stock Markets 2014
It looked like a few rats tried to jump ship as the bell rang on 2014. But it is hard to trust any one day or week as a guide during the holidays so we can just call it what it was, a down week within a general US market uptrend.
The strong uptrend however, is on the longer-term charts. Some dailies are in down trends kicked off by the pre-Santa correction (ref. the NDX below and the NYSE, as two examples). As we noted in NFTRH, the Russell 2000 was the first to go daily trend up into what is often ‘small cap season’. It has got a big fat gap though, and a test of the MA 50 seems in store.
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Thursday, January 01, 2015
Stock Market 2014 Review ...Froth The Real Story / Stock-Markets / Stock Markets 2014
There is only one real story for 2014. FROTH! Unprecedented levels in terms of time. Since February we have been on a sell-signal with regard to the bull-bear spread. Low rates and liquidity from the Fed here and abroad have allowed that signal to be ignored for the most part other that two quick pullback's of 5.1% and 9.9%. They were painful but healed up quite rapidly. There were decent gains for the year across the board with the Nasdaq 100 leading early, the S&P 500 and Dow catching up as the year moved on, but the small- and mid-cap stocks were the big gainers late in the year. Froth prevailing in those areas, even with the high levels of bulls to bears. Froth is greatest in those small-cap risky companies, but that didn't stop the bulls from running there late in the year.
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Wednesday, December 31, 2014
Stock Market Pop-n-drop or Just Drop? / Stock-Markets / Stock Markets 2014
The SPX futures added to the retracement by rising near 2085.00, but are coming back down as I write. The Premarket is up about 2 points, but seems to be losing ground.
Jobless claims went up today for the month of December. ZeroHedge reports that it is the highest monthly rise in jobless claims since the polar vortex last year. Chicago PMI is being reported at 9:45 and is not likely to be good. Today may not be a good day for stocks.
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Wednesday, December 31, 2014
Stock Market Yen Carry Trade is Unravelling / Stock-Markets / Stock Markets 2014
SPX has completed a small impulse down and has made a 29.3% correction so far. It may go as far as 2086.54 (50%) or to 2088.20 (61.8% retracement) before it is over. However, the institutional investors may be coming in and if they start selling, SPX may be on its way to Intermediate-term support at 2053.01 or even the 50-day Moving Average at 2028.51 by tomorrow. The odds favor adding an additional layer of short positions at this time.
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Tuesday, December 30, 2014
Stock Market Tradeable Top / Stock-Markets / Stock Markets 2014
Counts are lining up for the next tradable top in the Dow near Dec 29. Let’s call it sometime this week. The forecast involves several of the models developed by George Lindsay but one easy-to-grasp reason is the chart below. In the past I’ve shown my own discovery of centering a middle section forecast on the high of the previous multiple cycle to forecast the high of the current multiple cycle. Previous forecasts this year using this model have all resulted in significant (tradable) corrections in the Dow.
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Monday, December 29, 2014
Broad Stock Market At New Highs – Will Uptrend Continue? / Stock-Markets / Stock Markets 2014
Briefly: In our opinion, no speculative positions are justified.
Our intraday outlook remains neutral, and our short-term outlook is neutral:
Intraday (next 24 hours) outlook: neutral
Short-term (next 1-2 weeks) outlook: neutral
Medium-term (next 1-3 months) outlook: neutral
Long-term outlook (next year): bullish
Saturday, December 27, 2014
Stock Market Happy Holidays / Stock-Markets / Stock Markets 2014
The week started at SPX 2071. On Monday the market rallied to the previous all time high at SPX 2079. Then on Tuesday, Wednesday and Friday it made higher highs, reaching SPX 2093. For the week the SPX/DOW gained 1.15%, the NDX/NAZ gained 0.85%, and the DJ World index gained 0.80%. Economic reports for the week were mixed. On the uptick: Q3 GDP, personal income/spending, the FHFA index and weekly jobless claims improved. On the downtick: existing/new home sales, consumer sentiment, durable goods, and the WLEI. Next week, another holiday shortened week, there are only two reports scheduled: ISM manufacturing and Construction spending, both on Friday.
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Wednesday, December 24, 2014
Santa Crushes Bears by Delivering Stock Market Rally to Dow 18,030 New Closing High / Stock-Markets / Stock Markets 2014
Barely a week ago it was beginning to appear as though both Santa had come early AND that the Dow had just missed breaking above 18k early December, before turning lower which with each 100 point Dow drop emboldened the bears to once more start fantasizing of mega-phone patterns accompanied by proclamations that the top was in and a new bear market had begun that reached maximum intensity just as the Dow put its bottom in at 17,067, doing an about turn rampage to a NEW All time high ABOVE 18,000 to close today (Christmas Eve) at 18,030. Thanks Santa!
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Wednesday, December 24, 2014
Don't Let This Be the Most Wonderful Time of the Year for Uncle Sam / Stock-Markets / Stock Markets 2014
Marc Lichtenfeld writes: Hopefully, your portfolio had a good 2014. The S&P 500 is up 12%. If you followed The Oxford Club, you likely did better. In 2014, The Oxford Club gave subscribers 122 double-digit gains and another 109 triple-digit winners.
Whatever the case may be, you likely cashed out some profits in the market this year. Those profits are classified as either long-term or short-term gains. Long-term gains are positions that were sold a year or more after you bought them. Short-term gains are positions entered and exited within one year.
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Monday, December 22, 2014
Stock Market Indexes Continue Their March Up As Investors' Euphoria Extends / Stock-Markets / Stock Markets 2014
Briefly: In our opinion, no speculative positions are justified.
Our intraday outlook remains neutral, and our short-term outlook is neutral:
Intraday (next 24 hours) outlook: neutral
Short-term (next 1-2 weeks) outlook: neutral
Medium-term (next 1-3 months) outlook: neutral
Long-term outlook (next year): bullish
Monday, December 22, 2014
Stock Market At Minor Top / Stock-Markets / Stock Markets 2014
Current Position of the Market
SPX: Long-term trend - Bull Market
Intermediate trend - More time is needed to clarify the market position.
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Sunday, December 21, 2014
Stock Market Worst Week in Years... Buy This Dip / Stock-Markets / Stock Markets 2014
Dr. Steve Sjuggerud writes: U.S. stocks had their worst week in over three years last week – falling 3.5%.
You couldn't have missed that – it was all over the financial news.
Is this massive fall in one week the sign of the end? Is this the peak of the great bull market? Is it time to worry?
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Saturday, December 20, 2014
Stocks Bull Market Resumes / Stock-Markets / Stock Markets 2014
Another wild week in the markets. The market opened the week at SPX 2002 after last week’s 3.5% selloff. After a gap up opening on Monday carrying the SPX to 2019, it gapped down on Tuesday hitting 1973 right at the close. After that the market gapped up Wednesday, and on Thursday, then came with one point of its all time high on Friday. For the week the SPX/DOW gained 3.2%, the NDX/NAZ gained 2.2%, and the DJ World index was up 2.2%. Economic reports for the week were slightly biased to the downside. On the uptick: industrial production, capacity utilization, housing starts, leading indicators and weekly jobless claims improved. On the downtick: the NY/Philly FED, the NAHB, building permits, the CPI, and the WLEI. Next week, a holiday shortened week, we get Q3 GDP, PCE prices, and more reports on housing. Best to your holiday week!
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Saturday, December 20, 2014
What Are Technical Indicators Saying About the Stock Market? / Stock-Markets / Stock Markets 2014
It was just a week ago that financial headlines bemoaned the market having suffered its worst week in 2 ½ years. The bears came out of hiding with scary forecasts. Plunging oil prices, previously thought to be a positive for global economies, were suddenly seen as a major negative, along with the collapse of Russia’s economy and currency. Warnings of a potential global meltdown, perhaps even a 1998 style mini-crash, grew in number.
Bullish investor sentiment and confidence plunged. The weekly poll of its members by the American Association of Individual investors (AAII) fell to only 38.7% bullish.
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Friday, December 19, 2014
Insane Santa Claus Stock Market Rally / Stock-Markets / Stock Markets 2014
Just a few short days ago, it appeared that bearish forces were destined to deny Wall Street its customary "Santa Claus Rally." Enter the Yellen Fed and the FOMC meeting on Wednesday, and suddenly, like magic, Santa and his proverbial rally appears to have found its way back on course to treat Wall Street with a healthy dose of Christmas Cheer.
How in the name of Jesus are long-term investors (let alone short-term traders) supposed to deal with this type of rollercoaster market from hell?
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Friday, December 19, 2014
Show Me The Money (Flow)! Tracking Money-Flow Through Value Shifts In Stock Markets / Stock-Markets / Stock Markets 2014
We’ve all heard of the old magicians trick of distracting with one hand while the other is where the real set-up is taking place.
It seems we’re up against the same process at work in the markets we’re experiencing today.
There’s a fundamental and major shift taking place. Everyone feels the ‘vibe’ of it, but, where’s the proof (instead of the speculation) to bear out the truth of it?
It’s not to be found from conventional sources, that much is clear.
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Thursday, December 18, 2014
Stock Market Volatility Soaring....Whipsaw....Down Bias For Now..... / Stock-Markets / Stock Markets 2014
Volatility is soaring and traders are suffering. Too difficult to play with massive whipsaw moves intraday just about everywhere, but with the trend still clearly lower for now. When the VIX is in the low teens it's easy on the soul, but when it rockets in to the lower 20-range, things can get very intense. You can barely keep up with the score. You blink and the S&P 500 moves five points. You blink again and it's another five, and so on. The range for the day across the board on all the key-index charts can give you motion sickness. Huge drifting. This is when markets become too difficult to put the finger on the buy or sell button. It becomes luck trades and that's not what you want to be doing. It can work, but Russian roulette is better used somewhere else.
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Wednesday, December 17, 2014
Dow Mini Stock Market Megaphone Top / Stock-Markets / Stock Markets 2014
The Dow made marginal all time highs in early December before turning back down. Many people are now jumping at shadows with every correction that takes place. This is understandable given the Dow’s precarious position but it is my opinion that the ultimate top is still yet to be seen.
Let’s examine the situation using the daily and weekly charts.
Wednesday, December 17, 2014
Will the European Union Reindex Stock Markets to 100 points? / Stock-Markets / Stock Markets 2014
The introduction of the euro brought the citizens of Europe many advantages, including uniformity. It would be nice if that uniformity also applied to the comparison of the various stock exchanges. An index point is not a fixed unit in time and does not have any historical significance, so the European citizen may therefore not attach any significance for the future. Comparing index points to their history and also comparing the various stock exchanges makes no sense. The time is ripe to reindex European stock exchanges to 100 points.Read full article... Read full article...