Category: Stock Markets 2014
The analysis published under this category are as follows.Thursday, August 28, 2014
The Stock Market is Getting Edgy / Stock-Markets / Stock Markets 2014
This morning’s Premarket is down pretty substantially. The news is making things worse for the market that was already in decline at 5:00 am. Although the news may be blamed for the decline, it was already built into the Cycles Model.
The high on August 26 is 27 years and a day (3.1416 * 8.6) from the high leading into the 1987 crash. If it follows the 43-day Panic Cycle then we may follow the exact same pattern as in 1987.
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Thursday, August 28, 2014
Stock Market Negative Expectations Following Short-Term Consolidation / Stock-Markets / Stock Markets 2014
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,030, and a profit target at 1,900, S&P 500 index)
Our intraday outlook is 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, August 28, 2014
What the Burger King Deal Tells Us About Today's Stocks Bull Market / Stock-Markets / Stock Markets 2014
Michael E. Lewitt writes: The S&P 500 recently hit a new high as it drove through the 2000 mark for the first time in history on the day that Burger King Worldwide Inc. (NYSE: BKW) announced that it would purchase iconic Canadian fast food chain Tim Hortons Inc. (NYSE: THI).
Thus far in 2014 there have been $2.3 trillion of announced mergers & acquisitions (M&A) transactions around the world - $1.16 trillion in the United States alone - and undoubtedly there are more on the horizon.
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Thursday, August 28, 2014
Stock Market Will We Ever Sell......!..Froth Ramping Again... / Stock-Markets / Stock Markets 2014
Of course we will, and the market is set up right here to do so, except thus far it hasn't. Three straight days of daily-chart topping sticks across all the major indexes. It hasn't mattered. The market refuses to sell. It really should from here. Overbought and negative divergences and major froth and.....! You get the idea. At least a small pullback, one would think. So today we were set-up to sell, and although we tried to really sell-off late in the day, over the last thirty minutes the Spy was able to rally back up and barely finish in the red.
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Wednesday, August 27, 2014
Stock Market Panic Decline Begins / Stock-Markets / Stock Markets 2014
SPX escaped the support of its Ending Diagonal trendline yesterday, putting it at risk of a sharp decline. Yesterday’s peak at 11.27 a.m. put it within an hour of 17.2 days of rally since its low at the close of August 7.
The Premarket is flat with a slight downward bias this morning. There is more bad news out of Europe, but traders appear to be jaded with no news of any significance being reported domestically.
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Wednesday, August 27, 2014
Stock Market Staring Into the Great Abyss / Stock-Markets / Stock Markets 2014
Is a looming war coincident with a depressed gold price and a stock market peak an example of — staring into the great abyss?
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Tuesday, August 26, 2014
Stock Market 6 Month Cycle / Stock-Markets / Stock Markets 2014
With the passage of the final high of the 2009 bull market high in the Dow (precisely forecast by the Lindsay model on July 17) our attention now turns to the S&P 500. Unfortunately, Lindsay’s methods only apply to the Dow so we must use other means but, as history has shown, highs in the two indexes shouldn’t be too far apart (in the year 2000 the Dow’s high was in January and the S&P’s was in March).
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Tuesday, August 26, 2014
Dow Stock Index On The Cusp / Stock-Markets / Stock Markets 2014
The Dow is really testing the mettle of the bears. That includes me. As of today the rally has reached a height of 17124. Just shy of the all time high of 17151. So, is that the end of the rally? I wish I could say it was but there is still no sign of reversal. Let’s refresh ourselves of the big picture at this critical juncture.Read full article... Read full article...
Monday, August 25, 2014
Stock Market Uncertainty Resolved With New High / Stock-Markets / Stock Markets 2014
Current Position of the Market
SPX: Very Long-term trend - The very-long-term cycles are in their down phases, and if they make their lows when expected, there will be another steep decline into late 2014. However, the Fed policy of keeping interest rates low has severely curtailed the full downward pressure potential of the 40-yr and 120-yr cycles.
Intermediate trend - The correction is over and what is most likely the final phase of the uptrend (before a more serious correction) is underway.
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Sunday, August 24, 2014
Another Interesting Stock Market Juncture / Stock-Markets / Stock Markets 2014
US markets rise for third week in a row. The week started off with a gap up on monday, and then continued to rise every day until thursday. When it hit a new all time high at SPX 1995. A pullback on friday ended the week at SPX 1988. For the week the SPX/DOW were +1.85%, the NDX/NAZ were +1.65%, and the DJ World indix rose 1.2%. Economic reports for the week were all positive until the WLEI downticked on friday. The upticks: the NAHB, the CPI, housing starts, building permits, existing home sales, the Philly FED, leading indicators, the monetary base, and weekly jobless claims declined. Next week we get an update on Q2 GDP (est. +4.0%), PCE prices and the Chicago PMI.
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Friday, August 22, 2014
US Stock Indices 10-Year Consolidation Patterns ... Upside Breakouts? / Stock-Markets / Stock Markets 2014
I was originally going to do the Weekend Report on the very long term charts for the markets but after last Friday's trading I decided to mix it up a bit with some shorter term charts. It seems like everyone is either looking for that 10% to 15% correction right here before the stock markets can go higher or many looking for the top that will lead to a bear market. That is possible but I would like to show you some charts that maybe saying this correction is over and the next impulse leg up is now getting underway. You never know 100% for sure if you are right until you can look back in hindsight. With that said lets look at some charts starting with the INDU.
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Friday, August 22, 2014
SPX Fibonacci Study / Stock-Markets / Stock Markets 2014
I have done a Fibonacci study of the SPX and wish to share it with you.
· Minor Wave 1, which began at the June 24. 2013 low is 149.34 points in length.
· Minor Wave 3 is 223.37 points in length and 1.4957 times the size of Wave 1. Let’s call it a Fibonacci 1.50 times.
· So far, Minor Wave 5 is 256.84 points in length, or 1.72 times the size of Wave 1 (truly a blow-off top). In Fibonacci terms,
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Friday, August 22, 2014
Stock Market - This is Not Going to End Well / Stock-Markets / Stock Markets 2014
ZeroHedge reports, “We are sure this will end well... As CDS-based credit ETFs are launched, so the number of ways to 'sell' volatility (buy complacency) for retail equity investors have exploded in recent years as The Fed's stranglehold on uncertainty has continued. However, as Bloomberg reports, as VIX has tumbled in the last few weeks, investors are wagering on further declines - in the five weeks through Aug. 15, they put almost $320 million into the VelocityShares Daily Inverse VIX Short Term ETN (XIV): the longest stretch of weekly investments since the note began trading in 2010.
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Thursday, August 21, 2014
Dow Stocks Index Searching For Secondary Top / Stock-Markets / Stock Markets 2014
The Dow continues its tremendous rally from recent lows. I have stated before that it is my opinion that this is a bear market rally. Has anything happened to change that opinion? Nup, but I’ve sure got a good case of the heebie jeebies! Let’s revise the charts to see why.
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Thursday, August 21, 2014
Stocks Fluctuate Along Record Highs As Investors Await Fed’s Conference / Stock-Markets / Stock Markets 2014
Briefly: In our opinion, no speculative positions are justified.
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, August 21, 2014
Fed Minutes Not Hurting Stock Bulls.... / Stock-Markets / Stock Markets 2014
Even though there was the usual language of maybe we should raise rates sooner than later. The market is smart enough to understand that raising rates isn't in the cards for a long time to come, and even it was raised, it would be done very slowly over a very long period of time, meaning there's still nowhere to go with your dollars other than the stock market. The bears, and anyone looking for something other than the status quo, seem to be wasting their mental energy. Even Fed Yellen said last month that when housing and employment is where they want them to be, they will still keep rates at historically low levels.
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Wednesday, August 20, 2014
Is the U.S. Dollar and Stock Market Ready to Crash? / Stock-Markets / Stock Markets 2014
Wednesday, August 20, 2014
How Today's Stock Market Valuations Compare to 2000 and What to Do About It / Stock-Markets / Stock Markets 2014
Michael E. Lewitt writes: Opinions on stock market valuations flow easily around Wall Street, too often without backing.
Looking at the typical measurement used to determine stock valuations, I'm increasingly cautious.
Indeed, some of the numbers are downright scary just now, both in nominal value and in terms of red-light factors blinking on the horizon.
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Wednesday, August 20, 2014
Stock Market Investors What's Your Exit? / Stock-Markets / Stock Markets 2014
Are you prepared for an “exit”? If the Fed pursues an “exit” from ultra low interest rate policy, are you prepared for an exit from the stock market should things turn South? We discuss how investors prepare, noting the most common mistakes investors make along the way.
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Wednesday, August 20, 2014
Stock Market Mirror Image Pattern / Stock-Markets / Stock Markets 2014
In the preserved, written work of George Lindsay, Lindsay makes several references to an approach he calls “mirror image”. Unfortunately, the most he ever wrote was that he had never explained it in writing but hoped to someday. If he did, it has been lost to time. This is why the topic has not appeared in any of my three books about his work.
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