Category: Stock Markets 2014
The analysis published under this category are as follows.Friday, October 24, 2014
Stock Market Panic Cycle Shift / Stock-Markets / Stock Markets 2014
You may recall that earlier this year I had identified several panic cycles. These cycles occur in discreet intervals divisible by 4.3 and multiples of 10.
For example, I had identified the panic Cycle from April 12 to July 5 (86 days) as a panic buying cycle. The next panic buying cycle occurred from August 7 to September 19 (43 days).
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Friday, October 24, 2014
SPX Stock Market Reversal / Stock-Markets / Stock Markets 2014
This afternoon at 1428 hours the SPX peaked and reversed. What is significant about this is that the turn from the bottom was at 1327 hours on October 15, giving us 6 market days in between. The grand total is 43 hours and this may be a print high.
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Thursday, October 23, 2014
Stock Market Uncertainty Following Sharp Rebound as Investors Take Short-Term Profits / Stock-Markets / Stock Markets 2014
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 1,975 and profit target at 1,875, S&P 500 index).
Our intraday outlook is now bearish, and our short-term outlook is bearish:
Intraday (next 24 hours) outlook: bearish
Short-term (next 1-2 weeks) outlook: bearish
Medium-term (next 1-3 months) outlook: neutral
Long-term outlook (next year): bullish
Thursday, October 23, 2014
Why You Should Always Be Invested in the Stock Market (Even Now) / Stock-Markets / Stock Markets 2014
Keith Fitz-Gerald writes: On the heels of the worst volatility in nearly 20 years, and more “crash talk” than we’ve heard maybe ever, it’s starting to look like a smart time to hit the eject button and get out of the markets altogether.
In fact, that’s probably the most common question I’m hearing these days:
“Do I really want to be in stocks right now?”
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Wednesday, October 22, 2014
Stock Market Turn at Pi / Stock-Markets / Stock Markets 2014
SPX has broken beneath the lower trendline of its second (lower) Orthodox Broadening top, triggering that formation and giving us a lower target at 1493.80. It has also broken the Ending Diagonal trendline, giving us a minimum decline to 1820.66.
What is more interesting is that the rally turned at almost exactly 1885 minutes from bottom to top. Divide by 60 and we have 31.416 hours…Pi.
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Tuesday, October 21, 2014
Stock Market Probable Pop-n-Drop / Stock-Markets / Stock Markets 2014
The SPX Premarket was “saved” once more by central bank intervention as it threatened to break its upward momentum at the 200-day Moving Average.
It is currently resting just beneath its Daily mid-Cycle resistance at 1915.31. That is likely to be the final resistance to this retracement since it is just beneath the 50% Fibonacci retracement level at 1919.96.
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Tuesday, October 21, 2014
The REAL Reason Why the Stock Market Turned Down / Stock-Markets / Stock Markets 2014
The rout in stocks is no "jinx"
In case you've been roving Mars for the past month, you've missed quite a fiasco from the world's leading stock market:
"Since it topped out last month, the Dow has suffered eight triple digit losses� Add it all up, and the Dow has slid about 7.5% percent from its peak, the biggest retreat in more than two years. It also means the Dow has now given back all of its gains for the year -- and then some." (Daily Finance Oct. 15)
Now, according to the mainstream experts, there are 3 key causes for the market's sell-off:
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Tuesday, October 21, 2014
Stock Market Continues Counter Trend On Cue... / Stock-Markets / Stock Markets 2014
I thought that we would move higher off the 10% move lower on the S&P 500, with a retrace to around the gap at 1928, or thereabouts. There, of course, can be no exact number, but my feeling was we'd get to 1928, or so, and, thus far, we're making our way up there nicely, but not easily. It shouldn't be easy, and it's not, but, thus far, it is playing out as expected. Of course, we could go somewhat higher or lower than my target. It's just that you have the confluence of gap, moving average, and a 50% retrace, all coming together at that approximate level. When a market wants to do something, it's very hard to deny it. For instance, there was absolutely terrible news from market and economic leader International Business Machines Corporation (IBM).
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Monday, October 20, 2014
Stocks Bear Market Indicator Is Off the Mark / Stock-Markets / Stock Markets 2014
Michael E. Lewitt writes: nvestors are taught that bear markets can't occur unless the Treasury yield curve inverts – that is, unless short-term interest rates are higher than long-term interest rates.
And that can only happen if the Federal Reserve raises the Federal Funds rate, which is the short-term rate that the Fed controls.
But that measure may be off the mark this time, and here's why…
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Monday, October 20, 2014
Stock Market Ideal Turning Point is at Hand / Stock-Markets / Stock Markets 2014
SPX appears to be letting the clock run out on the rally today. The 200-day Moving Average is the likely target, but there are no assurances that it will get there. I drew the dotted line across the supports and resistance points at 1906.36 to show the natural stopping place for the right shoulder.
Today seems like a snoozer, but the reversal may be a real wake up call. Those who stepped aside from the market may wish to go short again before the close.
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Monday, October 20, 2014
Stocks Rebounded Following Recent Sell-Off, But Will It Last? / Stock-Markets / Stock Markets 2014
Briefly: In our opinion, no speculative positions are justified at this moment.
Our intraday outlook is 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, October 20, 2014
Stock Market Intermediate B Wave has Started / Stock-Markets / Stock Markets 2014
Current Position of the Market
SPX: Long-term trend - In 1932 and 1974, the 40-yr cycle was responsible for protracted market weakness. The current phase is due this year but where is the weakness? Has man (Federal Reserve) finally achieved dominance over universal rhythms or has it simply delayed the inevitable?
Intermediate trend - Intermediate correction (primary wave IV) underway.
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer market trends.
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Sunday, October 19, 2014
Understanding a Confusing Stock Market…Inside and Out / Stock-Markets / Stock Markets 2014
Michael E. Lewitt writes: The long overdue stock market correction continued this week as a European growth scare was compounded by fears about the potential spread of Ebola to send the markets lower.
A strong rally on Friday allowed the major stock market indices to stabilize for the moment and show relatively minor damage on the week, but many hedge funds suffered larger losses after being forced (or forcing themselves) into realizing losses as the markets reached a selling climax on Wednesday, October 15.
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Sunday, October 19, 2014
Stock Market Primary IV Wave Counter Trend Rally / Stock-Markets / Stock Markets 2014
What a week! After the SPX dropped 3.1% last week ending at 1906, it started off quiet enough with a push to 1912 by around noon Monday. Then the bottom fell out, as the market dropped, gyrated on Tuesday, then dropped to 1821 by early afternoon Wednesday. After that it staged one heck of a come back rally, hitting SPX 1898 on Friday then ending the week at 1887. For the week the SPX/DOW were -1.0%, the NDX/NAZ were -0.9%, and the DJ World index dropped 0.8%. Economic reports for the week were biased 8:6 to the positive. On the uptick: business inventories, industrial production, housing starts, building permits, consumer sentiment, the monetary base, plus the budget surplus and weekly jobless claims improved. On the downtick: retail sales, the PPI, the NY/Philly FED, the NAHB and the WLEI. Next week is highlighted with the CPI, Existing/New home sales, and Leading indicators.
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Saturday, October 18, 2014
Stock Market Gap Up Off Short-Term Bottom... / Stock-Markets / Stock Markets 2014
The stock market never has never been easy. The emotion machine keeps chugging along making sure all of you have a difficult time understanding it. It doesn't want you to ever think it's easy, and it wants to make sure you struggle. Just about everyone does. When you look at the recent volatility it's easy to understand. Tremendous day-to-day moves off the recent top as the VIX exploded. The bulls and bears alike are more used to small grinding moves for several months, with the direction mostly higher. Now things have swung around, and the market is playing a different tune. Slow dance nights are over. The doji is playing rock music these days, and most folks just can't dance well to that music. Most folks simply get used to the new pattern in place and never adapt to what's taking place in the moment.
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Saturday, October 18, 2014
Anatomy of a Stock Market Sell-Off / Stock-Markets / Stock Markets 2014
Michael A. Robinson writes: Meet “Mr. Market.”
He’s the analogy that Warren Buffett – you know him – uses to help investors understand the market as though it were a person.
Usually, Mr. Market is as rational as the efficient market we all dream about.
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Saturday, October 18, 2014
Stock Market SPX New Head & Shoulders Formation / Stock-Markets / Stock Markets 2014
The bounce turned into a double zigzag correction which had a higher target than an a-b-c would accommodate. There is a new Head & Shoulders formation with the top of the right shoulder matching the length of the left shoulder at 1903.58, just under the 200-day Moving Average at 1906.07. It may not make either target.
Intermediate Wave (1) may turn out to be either a Leading Diagonal with five Minor A-B-C waves, or an (A)-(B)-(C) wave in a larger degree Wave [1]. The pattern will work itself out, as it did in the decline in gold.
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Friday, October 17, 2014
How to Trade the Ebola Stock Market Sell-Off / Stock-Markets / Stock Markets 2014
Keith Fitz-Gerald writes: I believe Ebola may be the most serious threat to humanity since the bubonic plague of the Middle Ages. Already it has spread to a dozen countries, including the U.S., and more than 4,000 people are dead. According to Dr. Bruce Aylward of the World Health Organization (WHO), mortality rates are rising and now sit at 70%.
This outbreak is more grim proof that the global trend of war, terrorism, and ugliness is indeed a growth industry.
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Thursday, October 16, 2014
Stock Market Negative Expectations As Investors Continue To Worry – Will Downtrend Extend Even Further? / Stock-Markets / Stock Markets 2014
Briefly: In our opinion, no speculative positions are justified at this moment.
Our intraday outlook is 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
Thursday, October 16, 2014
Stock Market Splat.....But Well Off The Lows...... / Stock-Markets / Stock Markets 2014
The market was primed to go higher today as Intel Corporation (INTC) and CSX Corp. (CSX), two key market leaders, were rocking after hours last night after reporting earnings. Futures were exploding higher due to those reports, and the fact that daily and sixty-minute short-term charts were oversold. A nice combination for the bulls to get some momentum. Then over night the news from overseas on their economies, plus further bad news on the Ebloa virus, caused the futures to reverse hard, allowing for a massive gap down across the board of 1% or a bit more. That's unusual for the indexes. They rarely move that much in a day at the open.
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