Category: Stock Markets 2014
The analysis published under this category are as follows.Sunday, August 10, 2014
Stock Market Retail Investors About to Get Fleeced Again / Stock-Markets / Stock Markets 2014
Courtesy of Pater Tenebrarum, The Acting Man writes: Mistiming the Market
As a small addendum to our previous post on the market situation, here is a chart recently posted by the “Short Side of Long”. It shows the cash allocation reported by AAII, which surveys retail investors. Not surprisingly, retail investors tend to be completely wrong in their positioning at major lows and major highs, while generally not doing too badly in the middle portion of trends. That latter remark has to be qualified by the fact that they tend to lose their gains from this portion of a trend by being wrongly positioned at its end.
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Saturday, August 09, 2014
Dow Stock Market Rally is On! / Stock-Markets / Stock Markets 2014
The rally is on! Let’s get straight into it by looking at the daily chart.
I have added a Relative Strength Indicator (RSI) which shows a little bullish divergence. This week’s low was less weak than the previous week’s low. Also, notice how the RSI pushed deep into negative territory compared to the previous times the RSI came down during the bull trend. This is the first time it went so deep under the 30 level since the February correction low. This type of negative reading is synonymous with the end of a significant correction or the first swing low in a new bear market.
Saturday, August 09, 2014
Stock Market Downtrend May Have Bottomed / Stock-Markets / Stock Markets 2014
Quite a roller coaster week for such a small correction. The market started the week at SPX 1925 and rallied to 1943 on Monday. Then it made a choppy eleven small waves on its way down to SPX 1905 on Thursday. On Friday it turned the whole week’s losses green. For the week the SPX/DOW were +0.35%, the NDX/NAZ were +0.30%, but the DJ World index lost 0.9%. On the economic front positive reports outpaced negative ones 7 to 2. On the uptick: factory orders, ISM services, wholesale inventories, the monetary base, long term investor sentiment, plus both weekly jobless claims and the trade deficit improved. On the downtick: consumer credit and the WLEI. Next week we get reports on Industrial production, Retail sales and the PPI.
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Saturday, August 09, 2014
Stock Market Risk is On the Run / Stock-Markets / Stock Markets 2014
Weak Secondary Stocks and Declining Junk-to-Treasury Bond Ratio Indicate the Stock Market is Ripe for Reversal
The following article is adapted from the August 2014 Elliott Wave Financial Forecast, published Aug. 1. For the latest from the Financial Forecast Service, click here.
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Saturday, August 09, 2014
Deflation’s Final Curtain Call / Stock-Markets / Stock Markets 2014
Gold has once again begun to assert its safe haven value after the recent drop in equity prices. Last week’s Argentina bond default scare coupled with rising tensions between Russia and Ukraine have combined to spook global equity markets.On Thursday NATO warned that Russia was preparing to send 20,000 troops into eastern Ukraine under the pretext of a humanitarian mission to save separatist rebels. Due to these concerns gold’s value has risen to a 2-week high. Gold’s rally is all the more conspicuous in light of the recent rally in the U.S. dollar index.
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Friday, August 08, 2014
Iraq, Ukraine, Ebola… Global Concerns Rock US Markets / Stock-Markets / Stock Markets 2014
PLENTY of things to worry about and we've ONLY corrected 10 points (7.5%) on the Russell – exactly what we predicted under our fabulous 5% Rule™! None of the other major indexes have fallen as far, so we continue to watch that line very closely for support.
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Friday, August 08, 2014
Stock Market Renewed Selling on Russia Sanctions Showdown / Stock-Markets / Stock Markets 2014
Courtesy of Doug Short: From a market perspective, this morning’s plunge in new jobless claims was trumped by mounting tensions over sanctions against Russia and Putin’s sanction reprisal. The S&P 500 hit its 0.45% intraday high moments after the open. It then sold off in a couple of waves to its -0.81% intraday low shortly after 3 PM. Some buying in the final hour trimmed the day’s loss to -0.56%.
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Thursday, August 07, 2014
Stock Market Summer Correction Options / Stock-Markets / Stock Markets 2014
With the help of some of NFTRH's standard weekly charts, we take a snapshot of the US stock market.
The Bank index is unbroken from a weekly perspective. People will talk about an H&S but it is not activated until the trend channel and the neckline (a well defined support area) are broken. BKX, along with the Semiconductors has been a notable leader to the entire surprise* phase of the bull market out of Q4, 2012.
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Thursday, August 07, 2014
Stock Market Rally Time?...Should A Bit... / Stock-Markets / Stock Markets 2014
Markets can often get to the point where they need to stop selling after a strong move down. Oscillators take a beating. Many short- and mid-term charts get oversold, such as the Dow on the daily chart with a 30 RSI. It's time for a small rally. When I say small I mean small, since there's strong resistance at 1846 and 1854 on the S&P 500, which are the 50- and 20-day exponential moving averages. It does NOT have to rally to those levels, but it would make sense technically to get a move up to either one of those levels before heading lower again. Unwinding some oversold oscillators would be best for the bears. This is why it made sense for the market to rally once we had the strong gap down this morning. The Dow RSI was falling below 30, and some short-term oscillators were getting ridiculously oversold.
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Wednesday, August 06, 2014
The Anticipated Stock Market Correction Is Developing / Stock-Markets / Stock Markets 2014
Last month I wrote that the stock market was overvalued and that caution was warranted.
I reckon the anticipated correction started July 31st, a month or so sooner than I expected.
Recent price movement has done considerable technical damage to all indices and I do not think this is a “standard” pullback. Why, you may ask?
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Wednesday, August 06, 2014
US Stock Market At a Critical Turning Point / Stock-Markets / Stock Markets 2014
The past two years we see the stock market steadily climb with low volatility. All investors and traders have had to do is simply buy the pullbacks within the stock market and riding the market to new highs. While this has worked out very well to date, most will in for a big surprise when the market trend reverses.
As of today, the AlgoTrades algorithmic trading system which uses momentum, cycles, volume flows and advanced filters signaled that the market is now in a down trend.
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Tuesday, August 05, 2014
Stock Market Oversold Bounce... / Stock-Markets / Stock Markets 2014
The market was due for a bounce today as the sixty-minute short-term charts had gotten very oversold. In the case of the Dow, extremely oversold, with a reading at twelve late last week. That's simply unsustainable, and, thus, some buying was necessary for the market in order to calm down the excessive compressed oscillators we saw. The market struggled early on today to get some type of bounce going, The bears had simply run out of steam as they have caused quite a bit of technical damage, but used up a tremendous amount of energy to accomplish that. Markets can only get so overbought or oversold before some type of reflex bounce occurs. Not only that, but even the daily RSI hit 30 on the Dow. That didn't take long. Only about six hundred points accomplished that feat.
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Monday, August 04, 2014
ASX200 Aussie Stocks Bulls Set To Be Culled / Stock-Markets / Stock Markets 2014
With the ASX200 in the highest territory it's been since June 2008 and seemingly hopping along nicely (just getting a kangaroo reference out of the way!), I thought I'd investigate. Let's take a top down approach beginning with the yearly chart.
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Monday, August 04, 2014
Stock and Financial Markets Update / Stock-Markets / Stock Markets 2014
The purpose of this post is to show what is happening.
So, the US $ is to collapse, so say the inflationistas, the gold bugs, the Anderson shelter types etc.
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Monday, August 04, 2014
Stock Market Short-Term Uncertainty - Will Downtrend Continue? / Stock-Markets / Stock Markets 2014
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 1,970 and a potential profit target at 1,850, S&P 500 index)
Our intraday outlook is bearish, and our short-term outlook is bearish, following a breakout below recent consolidation:
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Monday, August 04, 2014
Stock Market Short-term Low Near / 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 - Intermediate correction is in process.
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, August 03, 2014
Dow Stocks Index Setting Up To Plunge / Stock-Markets / Stock Markets 2014
And the matador strikes a serious blow! The bull is grievously wounded but it’s not ready to give in. Not just yet anyway. While the matador’s sword plunged deep into the bull, it wasn’t the killer blow. And if I’m right, the same can be said of this week’s plunge in the Dow. It did some serious damage to the bullish technical picture but there should be one last hurrah before the next plunge strikes the bull dead.Read full article... Read full article...
Saturday, August 02, 2014
Stock Market Correction Over? / Stock-Markets / Stock Markets 2014
The recently awaited downtrend kicked in this week after the SPX made a fifth wave failure at 1985 on Tuesday. After that the rest of the week was downhill with the SPX hitting 1916 on Friday. For the week the SPX/DOW were -2.75%, the NDX/NAZ were -2.20%, and the DJ World index was -2.35%. Economic reports were also biased to the negative. On the uptick: Consumer confidence/sentiment, Q2 GDP, personal income/spending, PCE prices, ISM manufacturing and auto sales. On the downtick: construction spending, the WLEI, pending home sales, Case-Shiller index, ADP, the Chicago PMI, monthly Payrolls, and both the unemployment rate and weekly jobless claims were higher. Next week, economically a much quieter one, we get reports on ISM services, Consumer credit and Wholesale inventories. Best to your week!
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Saturday, August 02, 2014
The Three Stocketeers: One for All and... / Stock-Markets / Stock Markets 2014
Between October 4, 2011, and July 3, 2014, the broadest measure of publicly traded US stock wealth climbed $9.9 trillion. When one considers that as of the 2011 low on October 4th total US stock wealth stood at $11.2 trillion, this 88% gain in under 3 years to produce "highest ever" records repeatedly, have already been one for the history books, and anything but normal. So is this it?
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Saturday, August 02, 2014
Stock Market Bears Finally Make Their Move..... / Stock-Markets / Stock Markets 2014
It took a long time to get rocking, but the bears have finally made a move that needs to be respected by everyone who plays this silly game. The large move lower across the board that has taken those key 50-day exponential moving averages, and put them in the rear view mirror on the S&P 500 and Dow. The Nasdaq is still playing with it, but the other key indexes are all below now, and did so with some force.
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