Category: Stock Markets 2015
The analysis published under this category are as follows.Wednesday, May 06, 2015
Five Stock Market Indexes Compared on One Chart / Stock-Markets / Stock Markets 2015
Yesterday, all 5 of our indexes closed above their support lines again as seen below. The five indexes included the Institutional Index of "core holdings", the NYA (NYSE) Index, the SPY, the NDX, and the IWM.
Read full article... Read full article...
Wednesday, May 06, 2015
Stock Market Sell Signal on S&P Global 1200 Confirmed by Various Charts / Stock-Markets / Stock Markets 2015
Global Economy at Threat - The S&P Global 1200 index gave a significant sell signal today. Charting is viewed by some as tea leaf reading. However, over several decades it has been demonstrated as an objectively useful tool to strategic thinkers who attempt to monitor the health of the financial markets. The charts below are telling us that Quantitative Easing has run its course and that it has become impotent in the fight to stave off a global recession. Central Banks are now no longer part of the solution; they are part of the problem.
Read full article... Read full article...
Tuesday, May 05, 2015
SPX appears ready for its final thrust higher / Stock-Markets / Stock Markets 2015
SPX appears to be making its final thrust higher.
If this analysis is correct, SPX should have a target near 2130.00. Note that the trading bands are contracting. This suggests a very large move is imminent. The move to higher ground may seem impressive, especially with the media trumpeting another new high, but it will be a fake-out.
Read full article... Read full article...
Tuesday, May 05, 2015
Stock Market Holding Well..... / Stock-Markets / Stock Markets 2015
So yes, we saw yet another failure today when the S&P 500 got back to 2119, and turned south, but it didn't turn south very hard. That's good to see if you're bullish. The market is trying to hold up better on this latest test of the usual 2119 S&P 500 area. The oscillators on the daily chart are actually bullish with the stochastic trying to turn up from the 50's. Add in the MACD not too elevated, and the RSI in the 50's, there really are no excuses for the bulls. It doesn't have to break out on our time meaning the immediate, but it is set up pretty solidly for the bulls.
Read full article... Read full article...
Tuesday, May 05, 2015
Stock Market Waiting for Clarity / Stock-Markets / Stock Markets 2015
SPX rallied beyond my maximum wave structure for a retracement Wave c. It may rally once more to complete a larger Wave c to make a nominal new high. That seems to be the most likely course of action, since the decline is not impulsive.
ZeroHedge reports that there is a record divergence between the price of SPX and the money flows, which are exiting the index. Which begs the question,,,who is buying?
Read full article... Read full article...
Monday, May 04, 2015
Stock Market Last Hurrah? / Stock-Markets / Stock Markets 2015
Current Position of the Market
SPX: Long-term trend - The bull market is still intact.
Intermediate trend - Is the 7-yr cycle sketching an important top?
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. They are important adjuncts to the analysis of daily and weekly charts which ultimately indicate the course of longer market trends.
Read full article... Read full article...
Monday, May 04, 2015
Stocks – Bulls, Bears, And Pigs : Which Are You? / Stock-Markets / Stock Markets 2015
When we started out in this business, one of the first saws of trading we learned was: Bulls make money, Bears make money, Pigs get slaughtered. That simple admonition is coming full circle as the stock market has been muscled to all time highs by central bankers seeking to protect their fiat currency Ponzi scheme at all costs. For anyone not paying attention, that cost will be passed onto you.
Read full article... Read full article...
Monday, May 04, 2015
Why Stock Market Investors Should Be Terrified of this Chart / Stock-Markets / Stock Markets 2015
Advisor Perspectives’ Doug Short recently published an update on margin debt, accompanied by several well-made charts. But it only takes one to make the point.
See below for the relationship between margin debt — money borrowed by retail investors against their stocks and used to buy more stock — where Short has enhanced the visual impact by inverting the margin debt line. As presented here, a downward sloping red line means margin debt is increasing. So when the two lines diverge, that means stock prices and margin debt are both rising.
Read full article... Read full article...
Monday, May 04, 2015
The Real Stock Market Read on What Happened in April / Stock-Markets / Stock Markets 2015
Michael E. Lewitt writes: T.S. Eliot must roll over in his grave every time some smart-alecky financial writer says that "April is the cruelest month."
Having to hear the anti-intellectual elite pretend to have read, never mind think they have the remotest understanding of those words or what follows in one of the most complex literary works of the 20th century is galling enough. But hearing that over-used phrase misused to excuse more underperformance and bad policy is flat-out nauseating.
Read full article... Read full article...
Sunday, May 03, 2015
Stocks, Gold and Oil Markets Chopsville / Stock-Markets / Stock Markets 2015
SPX
Last week we were looking for new highs on the SPX, the prior declines have all been corrective move so as long as that continues I don't see much in the way of any evidence to support a bearish reversal. Don't get me wrong I am now looking for a reversal but the market appears to be clinging on for dear life as it chops higher. This back and forth choppy price action is more and more supporting the ending diagonal idea that we have been tracking since the start of the New Year. It would need a strong advance above 2070SPX to cast doubt on the idea.
Read full article... Read full article...
Sunday, May 03, 2015
Stock Market Big Sell-Off Looming! / Stock-Markets / Stock Markets 2015
Last time I wrote, I was expecting the stock market to fill the gap left on the SPX near 2081-82 by Friday last week. That was accomplished on Thursday when the SPX fell to 2077. What I saw on my indicators showed more a lack of buying than true selling and it also presented a looming Head and Shoulders Pattern Top. We went long on the dip and sold into strength on Friday. In fact, we started to short late in the day as the strength of the move was not enough to offset the damage done on the charts. We plan on completing our short selling Monday on the open.
Read full article... Read full article...
Saturday, May 02, 2015
Stock Market Correction Time? / Stock-Markets / Stock Markets 2015
Another month completed and the choppy activity continues. The market started the week at SPX 2118, gapped up on Monday and hit an all time high of 2126. Then it went into its recent choppy activity again until Thursday: 2095-2116-2097-2114-2091-2103-2079. Then gapped up hitting SPX 2108 on Friday. For the week the SPX/DOW lost 0.35%, the NDX/NAZ lost 1.50%, and the DJ World lost 0.90%. On the economic front reports came in just as mixed. On the uptick: Case-Shiller, personal spending, PCE prices, the Chicago PMI, the WLEI and weekly jobless claims improved. On the downtick: consumer confidence, Q1 GDP, pending home sales, personal income, construction spending and the monetary base. Next week is highlighted by the monthly Payrolls report and ISM services.
Read full article... Read full article...
Saturday, May 02, 2015
New Month Begins With Spectacular Stock Market Session / Stock-Markets / Stock Markets 2015
The stock market indices had a spectacular rally and closed at the highs for the day going away. They opened with big gaps up, went into consolidation during the morning session, came on again late morning, rallied strongly, pulled back in the last hour, only to come on again in the last 20-30 minutes, and close with a bang.
Read full article... Read full article...
Saturday, May 02, 2015
Stock Market Giving A Pass? / Stock-Markets / Stock Markets 2015
There really is no other way to explain it. Earnings have been terrible this quarter. To go along with that theme almost all of the economic reports from retail sales to the ISM Manufacturing Report have been poor at best. So why isn't the market crashing out is the question many are asking. Before today we saw a recent sell off, which hit the Nasdaq to the tune of 199 points. That's good selling. 4%. Today we saw the market shoot back up off an oversold sixty-minute event from that selling. While some buying should have been expected based on oversold, the strong move higher caught many off guard.
Read full article... Read full article...
Friday, May 01, 2015
Stock Market 2015 Top May be in Cyclical Harmony with 1929 Peak / Stock-Markets / Stock Markets 2015
Do you sometimes turn a question over and over in your mind…and suddenly the answer comes to you? That was my experience as I kept asking the question…”Why did the market top come on April 27?”
I had done shorter-term calculations and arrived at the 7.525 year (90.3 months + 7 days) calculation from the peak in 2007. By the way, the 2007 high was also 7.525 years from the March 23, 2000 market peak.
Read full article... Read full article...
Friday, May 01, 2015
Stock Market Kondratieff Waves and the Greater Depression 2013- 2020 update / Stock-Markets / Stock Markets 2015
In February 2012 I wrote an essay on Kondratieff waves (K waves). At that time based on the teaching of Nikolai Kondratieff it appeared that the world economy was in the middle of a Kondratiev winter or “greater recession”. (See chart below).
The K wave is a 60 year cycle ( a year or so) with internal phases that are sometimes characterized as seasons: spring, summer, autumn and winter:
Friday, May 01, 2015
Stock Market Broadening Tops Hidden in Plain View / Stock-Markets / Stock Markets 2015
Sometimes the traditional trendline analysis hides the unusual but valid crash formations. I must admit that I was slow in picking this up and only “saw” the formation after I had erased some of the other analysis.
What came out at me was the Megaphone formation that I had expected to be there at this juncture, but couldn’t see it. The Orthodox Broadening Top confirms the larger Broadening Wedge that has been there so long that you can easily miss it. In fact, I was beginning to wonder about its validity.
Read full article... Read full article...
Thursday, April 30, 2015
Stock Market Sell Signal is Getting Stronger / Stock-Markets / Stock Markets 2015
SPX bounced off the 50-day Moving Average early today. Overhead resistance is now at 2100.54. Once the retest fails, the 50-day is also likely to fail. This will confirm the sell signal in the SPX. The signal is an aggressive sell here and a confirmed sell beneath 2090.72.
Read full article... Read full article...
Thursday, April 30, 2015
Is the Fed about to Ignite the Stock Market Sell in May and Go Away Trade? / Stock-Markets / Stock Markets 2015
First and foremost most fed meetings are positive for the stock market. The fed usually gives the market what it wants and the markets keep going up and away. The last fed meeting stocks rallied after the fed successfully jaw boned the dollar into submission. Since then stocks have rallied and are encountering major resistance at the top end of their trading ranges.
Read full article... Read full article...
Thursday, April 30, 2015
GDP...Germany... Corporate Earnings....Froth Again...And The Fed....... / Stock-Markets / Stock Markets 2015
A busy day. Lots and lots of bad news hit the market since last night. There were some really poor earnings reports from the likes of Wynn Resorts Ltd. (WYNN), Panera Bread Company (PNRA), Stratasys Ltd. (SSYS), Buffalo Wild Wings Inc. (BWLD), Twitter, Inc. (TWTR), United States Steel Corp. (X) to name just a few. I mean some major league slaughters here. All saying business is bad and getting worse. Like I said, there were many, many more than just those. Enough bad reports from everywhere, it seemed, to kill the market.
Read full article... Read full article...