Category: Stock Markets 2014
The analysis published under this category are as follows.Friday, April 25, 2014
What It Means When the DJIA Stock Market Index Goes Post-Industrial / Stock-Markets / Stock Markets 2014
Every time you use a new app on your smartphone, you may utter a silent prayer of gratitude for living in a post-industrial age. No more back-breaking heavy labor. Now, it's all about technology and brain power.
But what does it mean when the Dow Jones Industrial Average enters the post-Industrial Average age? Here's a hint from The Elliott Wave Financial Forecast that was published last October:
Read full article... Read full article...
Friday, April 25, 2014
Stock Market SPX Index Breaks Bear-term Support / Stock-Markets / Stock Markets 2014
SPX began sliding in Pre-market, challenging yesterday’s low at the open. This may be the beginning of a panic attack that could bring SPX down to the 50-day moving average at 1858.47 in a hurry.
Things are heating up in Eastern Europe and may get uglier later today.
Read full article... Read full article...
Friday, April 25, 2014
Has the Stock Market S&P Topped At Exactly The Same Price As Gold? / Stock-Markets / Stock Markets 2014
Chances are high that the S&P500 is in the process of making a huge top. We will discuss our rationale in this article, based on the gold to equities ratio, as well as current market conditions.
The extremely interesting fact is that spot gold has topped at exactly the same level as the S&P500 top (to date, on a closing basis). Compare the following data:
Read full article... Read full article...
Thursday, April 24, 2014
Apple, Facebook Beat Expectations - Stock Markets Long-term Recap / Stock-Markets / Stock Markets 2014
Courtesy of Blain writes: Indexes took a little rest today, which as we said yesterday was probably needed. There was actually some bad economic news in housing and the market didn’t react much at all which is something bulls will like. After the close was a surprise stock split by Apple (AAPL) which will help the indexes tomorrow as the stock is up strongly in after hours. The S&p 500 fell 0.22% and the NASDAQ 0.83%. The Commerce Department reported new home sales fell 14.5 percent in March, the worst sales month since July. Again it is not the news that matters to markets, but the reaction to the news and the market didn’t really care.
Read full article... Read full article...
Thursday, April 24, 2014
Broad Stock Market Situation on the Remains Tense as Companies Release Quarterly Earnings / 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
Thursday, April 24, 2014
Stock Market Bears Wrong Again, Apple to Push Dow to New All time High / Stock-Markets / Stock Markets 2014
Despite continuing perma bearish diatribe of why the stocks bull markets demise is always imminent, instead the general stock market indices such as the S&P have been setting new all time highs with the Dow set to imminently make its next all time closing high that follows on strong corporate news from the tech giants such as Apple and Facebook.
Read full article... Read full article...
Wednesday, April 23, 2014
Inverse relationship between the Yen and SPX / Stock-Markets / Stock Markets 2014
The daily SPX chart shows two Orthodox Broadening Tops in place. This is natural for fractals…yes, you are seeing double. This often happens with other formations as well. For example, smaller Head & Shoulders formations will appear within larger ones.
There are signs of weakness in these formations. The upper trendline of the blue Orthodox Broadening Top was overridden by the Ending Diagonal trendline, but it persisted in making a seventh point at 1897.28. Within that top is yet another Orthodox Broadening Top which may be failing as we speak. A failure to reach the upper trendline may be construed as a sell signal.
Read full article... Read full article...
Wednesday, April 23, 2014
Stock Market Is Weak in the Knees / Stock-Markets / Stock Markets 2014
Christopher Rowe writes: The granddaddy of all stock market indicators, the New York Stock Exchange Bullish Percent Index (NYSE BPI), tells us how risky the market it is.
The indicator right now is showing a market that is losing momentum. I'll explain...
The NYSE BPI shows the percentage of stocks that are on "point and figure" buy signals.
Read full article... Read full article...
Wednesday, April 23, 2014
Stock Market Rally Now at Day Six / Stock-Markets / Stock Markets 2014
Courtesy of Doug Short: Asia-Pacific indexes had a mixed day with the Shanghai Composite up 0.44% Nikkei down 0.85%. European indexes fared better — the EURO STOXX 50 rising 1.39%. The S&P 500′s 0.41% gain didn’t match the European enthusiasm, but it extended its rally to six days, the longest since its 7-day advance in early September of last year. Year-to-date the index is up 1.69% and only 0.60% below its record close on April 2nd.
Read full article... Read full article...
Tuesday, April 22, 2014
Stock Market Rally Won't Quit...Yet... / Stock-Markets / Stock Markets 2014
And why should it? Just because sentiment is poor, and the weekly and monthly charts look awful, doesn't mean we should fall, now does it? I mean, don't we need a real reason to fall? Poor charts just isn't enough it seems. Ms. Yellen, and those low rates into perpetuity, just won't allow a real correction. Not yet, anyway. Sure, we have a bear market in froth, but we don't have even a real correction in the overall market. Market continues to find rotation as the name of the game. As long as that exists we won't fall very hard. Lower P/E stocks with solid earnings are holding this market up. Folks don't want to leave the market, they just want to place their money in the land of safety.
Read full article... Read full article...
Monday, April 21, 2014
Stock Market Smart Money – All Out or More to Go? / Stock-Markets / Stock Markets 2014
This has been the flow of Bloomberg's "Smart Money Flow Indicator" and, as Zero Hedge wonders: Just who is soaking up what the smart money is selling? Company Buybacks, Johnny 5 (tradebots) or the Greater-Fool Retail Investors?
Read full article... Read full article...
Monday, April 21, 2014
How Last Week’s Stock Market Mini Rally Is Reshaping My Investment Strategy / Stock-Markets / Stock Markets 2014
George Leong writes: The stock market staged a minor rally last week, but don’t get too excited yet; the buying support was largely triggered by a technically oversold market, rather than solid fundamentals or a fresh catalyst.
What I can say is that investors need to be careful with the high-beta stocks that are extremely volatile at this time and vulnerable to downside selling.
Read full article... Read full article...
Monday, April 21, 2014
Stock Market Minor Correction Imminent / 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 (after this bull market is over), 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 - Failed to overcome resistance at the high. May have started an intermediate decline.
Read full article... Read full article...
Friday, April 18, 2014
Best Stock Market Weekly Gain Since July 2013 / Stock-Markets / Stock Markets 2014
Courtesy of Doug Short: The pre-market announcement of new jobless claims continues to beat expectations with its four-week moving average now the lowest since early October of 2007, two months before the last recession. Despite the good claims number, the S&P 500 opened fractionally lower with some options expiration volume and sold off to its modest -0.30% intraday low 25 minutes later. The index slowly recovered to its 0.39% intraday high early in the final hour of trading. It closed with a trimmed gain of 0.14%, the fourth day of gains and a hefty 2.71% advance for the holiday-shortened week — the best weekly since the week after Independence Day in 2013.
Read full article... Read full article...
Thursday, April 17, 2014
What the Stock Market Bears Have Been Waiting for... / Stock-Markets / Stock Markets 2014
Greetings,
Most investors are complacent -- they do not want to hear what bears have to say.
Not You!
Read full article... Read full article...
Tuesday, April 15, 2014
Stock Market Gap Up Failure But Positive Divergences In Place...Will It Matter? / Stock-Markets / Stock Markets 2014
It should. Those short-term charts have some pretty compressed down oscillators that normally give a bounce, especially when they have a positive divergence in place. We have that here and, while we can't rule out a complete crater down, I don't think the market is quite ready for the next leg lower. Sure, in time, but not right here although you don't let your guard down and you avoid froth stocks like you would the plague. No reason to be involved with those types of stocks, even if we get the bounce. While this divergence gives hope for a short-term bounce, the medium term looks poor for the bulls at this moment in time. Things can always change, but the charts are suggesting lower in time. But again, I don't think so right away. We'll have the answer to that soon enough.
Read full article... Read full article...
Tuesday, April 15, 2014
Stock Market - Is Something Nasty About to Happen? / Stock-Markets / Stock Markets 2014
This morning’s rally fell short of its targets. This afternoon the SPX almost fell out of bed, but rallied in nine waves (impulsive) into the final hour to close beneath this morning’s highs. Folks, this has the look of a running correction, where sub-Minute Wave (c) is the shortest wave in the correction. If so, we may see the bottom fall out of the market overnight.
Read full article... Read full article...
Monday, April 14, 2014
Is The Stock Market Plunge Over Yet? / Stock-Markets / Stock Markets 2014
Briefly: In our opinion short positions are still favored (stop-loss at 1,850, short-term profit target at around 1,800, S&P 500 index), and they have been already profitable.
Our intraday outlook is now neutral, as the market may consolidate after selling off recently, and our short-term outlook remains bearish, following breakdown below March-April consolidation:
Read full article... Read full article...
Monday, April 14, 2014
Stock Market Nearing Rally in a Downtrend / 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 (after this bull market is over), 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 - Failed to overcome resistance at the high. Starting intermediate decline.
Read full article... Read full article...
Saturday, April 12, 2014
Stock Market Potential Diagonal Triangle Pattern Forming / Stock-Markets / Stock Markets 2014
A volatile and somewhat disappointing week for the bulls. The week started off with a gap down on Monday, followed by a tradable low at SPX 1837 on Tuesday. Then after a rally to SPX 1873 at Thursday’s open, the market sold off rapidly into Friday. For the week the SPX/DOW were -2.50%, the NDX/NAZ were -2.85%, and the DJ World index was -2.0%. Economic reports for the week, oddly enough, were all to the upside. On the uptick: consumer credit, wholesale inventories, export/import prices, the PPI, consumer sentiment, the WLEI, the M1-multiplier, plus the budget deficit and weekly jobless claims both improved. Next week we get reports on the FED’s beige book, Industrial production, the NY/Philly FED and Housing.
Read full article... Read full article...