Category: Stock Markets 2015
The analysis published under this category are as follows.Saturday, February 28, 2015
Recession is On The Way; Beat The Stock Market Crowd, Panic Now! / Stock-Markets / Stock Markets 2015
In 2006-2007 I called for a recession. We got a big one. I called for another one in 2011, as did the ECRI. That recession never happened.
50% is not a very good recession predicting track record except in comparison to consensus economic opinions that have never once in history predicted a recession. Consensus opinion is batting a perfect 0.00%
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Saturday, February 28, 2015
Stocks Bull Market Continues / Stock-Markets / Stock Markets 2015
The week started off at SPX 2110. Then after dipping to SPX 2103 Monday morning the market rallied to new highs at 2120 by Wednesday. After that it spent the next two days within that range. For the week the SPX/DOW were -0.1%, the NDX/NAZ were mixed, and the DJ World index was +0.3%. On the economic front negative reports continued to outpace positive ones. On the uptick: Case-Shiller, durable goods, the FHFA, consumer sentiment, and pending homes sales. On the downtick: existing home sales, consumer confidence, the CPI, the Chicago PMI, Q2 GDP, the WLEI and weekly jobless claims rose. Next week’s reports are highlighted by monthly Payrolls, the FED’s beige book and the PCE.
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Saturday, February 28, 2015
Stock Market Hesitation At The Trend Lines..... / Stock-Markets / Stock Markets 2015
Most of the major-index charts, especially the Nasdaq and S&P 500, hit the top of their trend lines and are now struggling. We've shown you these charts and how difficult it can be here for the markets to continue higher with force. It would be best if we pulled back some first, although markets know how to fool the masses. Would it shock me if we saw another move higher first, because that's least expected? Not at all. Maybe one more move towards Nasdaq 5K and then down hard. Maybe not. There really is no way to know.
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Saturday, February 28, 2015
Don't Let This Stock Market Myth Cost You Your Gains / Stock-Markets / Stock Markets 2015
Keith Fitz-Gerald writes: Amazon, Apple, Cisco, Barnes & Noble, and hundreds of other companies are at fresh 52-week highs, leading many investors to question the wisdom of putting more money to work.
Yet that’s exactly what you should be doing.
I know it seems counter-intuitive – especially if you believe in buy low and sell high like I do – but here’s the thing…
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Saturday, February 28, 2015
Stock Market Investors Are Mistakenly Assured By Two Shaky Generalities / Stock-Markets / Stock Markets 2015
Investors are complacent, even confident, regarding the prospects for 2015. That is in spite of the market being at valuation levels higher than all but one previous market peak of the last 100 years, while the economy appears to be slowing, corporate earnings growth is slowing, and the bull market has lasted an unusual length of time without a correction. In fact, the high level of investor optimism and confidence is itself a concern.
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Saturday, February 28, 2015
Stock Market Indexes Creeping Towards the Edge / Stock-Markets / Stock Markets 2015
SPX appears to be working on Micro Wave v of (c). The ideal target is 2114.27, but the trendline is at 2113.20. The maximum that it may rise in this scenario is 2115.47. This morning’s suggestion of 2014.00-2015.00 may have been a bit generous.
This may be a good spot to add another layer of aggressive short positions in equities. No confirms yet, but that may change rather quickly.
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Friday, February 27, 2015
Will Month Long Stocks Rally Continue? / Stock-Markets / Stock Markets 2015
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,150 and profit target at 1,980, S&P 500 index)
Our intraday outlook is bearish, and our short-term outlook is bearish:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): bullish
Thursday, February 26, 2015
Another Reason To Worry About The Stock Market / Stock-Markets / Stock Markets 2015
The world is full of "carry trades" these days, and that's a really bad thing.
In general terms, a carry trade involves someone borrowing money cheaply in one currency or market and investing the proceeds in something else that offers a higher yield. The strategy is profitable as long as the currency being borrowed doesn't rise by more than the spread between the cost of the loan and the income from the investment.
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Thursday, February 26, 2015
Stock Market Double Top Test Broke to the Upside / Stock-Markets / Stock Markets 2015
Last Wednesday, we reported on the Double Top test going on with the NYA Index.
What has happened since last week?
The NYA closed 0.28 above its resistance on Friday, It pulled back on Monday, and then closed above its Double Top resistance yesterday.
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Thursday, February 26, 2015
Apple Stock Snaps A Bit... Market Froth Out Of Control But Nothing Bearish / Stock-Markets / Stock Markets 2015
In a normalized market it would be falling apart. The bull-bear spread is now at a ridiculous 45.4% with the bulls a hair shy of the magic 60% level, currently at 59.5%. Historically markets don't pull back from these levels. They crash. Nothing short of a massive, unexpected, out of the blue free-fall lower. We know why it's not happening yet. Fed Yellen, and all the global bankers, are working in concert to keep rates low and liquidity high, but rates at the low end is the real key to why we're holding up.
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Thursday, February 26, 2015
Stock Market Early Warning of a Turn / Stock-Markets / Stock Markets 2015
The Minor Wave C rally appears to be over. A cross beneath SPX 2008.00-2010.00 may confirm the reversal.
The final waves settled into a Cyclical pattern that is unmistakable. Wave [i] finished in 25.8 hours. Wave [iii] completed in 34.4 hours. Wave [v] completed in 25.8 hours. The time spent on the rally itself was 116.1 hours.
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Wednesday, February 25, 2015
NASDAQ New 15 Year High - Stock Market Death By Overdose / Stock-Markets / Stock Markets 2015
"Easy is the descent down to hell;
Its gates stand open, day and night.
But to retrace one's steps, to return
To see again the pure clean air, and cheerfulness and life:
That is the real task, that is our true labour." - Vergil, Aeneid
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Wednesday, February 25, 2015
Stock Market Lindsay's Preliminary Low Sequence / Stock-Markets / Stock Markets 2015
On August 23, 1972, the late technician George Lindsay made a presentation to the Society for the Investigation of Recurring Events (S.I.R.E.) in New York City. In that presentation he explained his preliminary low sequence.
Rather than the terms bull and bear markets (which can be of almost any duration) Lindsay created a concept called basic advances and basic declines. These basic movements are timed using his standard time spans which he found that, since 1798, all bull and bear markets fit into. When a basic decline terminates prior to the final low of a bear market that higher low was called a preliminary low (point 1).
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Tuesday, February 24, 2015
Another Important Stock Market Inflection Point Approaching / Stock-Markets / Stock Markets 2015
The rally may be over, or nearly so. The sideways consolidation appears to be a sub-Minute Wave (iv) and Wave (v) of [v] also appears completed now.
Even the Fed has sent a warning, saying that equity valuations appear stretched and P/E ratios are somewhat elevated. They may wish to talk the market down, however, since treasury bonds are in a corrective mode and they are probably hoping that this is not the beginning of a new trend.
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Tuesday, February 24, 2015
Stock Market Consolidation In Front Of The Fed... / Stock-Markets / Stock Markets 2015
Today had two good reasons to sell a bit. First, there was the overbought conditions on the Nasdaq 100, and then we had some caution ahead of the Fed Yellen, who will be talking to the big boys and girls of our Government for a couple of days. That was enough to keep the buyers away for a day, but we shall see what occurs tomorrow. We also know there are other reasons to sell, but it's not worth spending our time on that subject any more, until we get the technical move that says we should. The market made the usual attempts to blast up, but those were met with some selling back down, although, when all was said and done, the bears accomplished nothing today.
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Tuesday, February 24, 2015
We All Know a Stock Market Black Swan Is Coming / Stock-Markets / Stock Markets 2015
Last week I wrote to my trading service subscribers that most of the hurdles facing the stock market were out in front of us, that we could see them, and that as long as the market climbs that “wall of worry” the path of least resistance for stocks, for the moment at least, appears to be up.
However, the known worries aren’t what worry me – it’s the black swans.
Tuesday, February 24, 2015
Global Stock Market Breakout Starts / Stock-Markets / Stock Markets 2015
After over six months of concern that the 6-year old world bull market was coming to an end, a collective upside breakout has developed.
Lead, first by the U.S. markets, and then one-by-one, global equity markets started to follow and advance.
Japan's Nikkei, one of the key world indexes, broke to a new high in Q4 and then advanced to a new 10-year high in February.
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Monday, February 23, 2015
Stock Market Trading at New Record High - Will Uptrend Extend Even Further? / Stock-Markets / Stock Markets 2015
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,150 and profit target at 1,980, S&P 500 index)
Our intraday outlook is bearish, and our short-term outlook is bearish:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): bullish
Monday, February 23, 2015
Stock Market Beyond the Twilight Zone, Dow Top? / Stock-Markets / Stock Markets 2015
Upon peeling back several layers of the reality onion in the mid-to-late 1990's, we were convinced way back then of the Twilight Zone reality that the world had come to embrace. Given all that has transpired since then, we are now well beyond the Twilight Zone.
It's been a long, long time since financial markets have reflected what's actually taking place in the world around us, and as such, it's been a similarly long time since we've bothered attempting to try and correlate the two.
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Monday, February 23, 2015
Stock Market - The Fed Still Has Your Back / Stock-Markets / Stock Markets 2015
I’ve watched for several years now has one analysts after another has tried to call the top of this bull market. I would argue that the world is in a severe deflationary environment and in order to hold those deflationary forces at bay central banks simply can’t allow stock markets to top.
The Fed made the mistake of allowing stocks to crash in 2008 and it intensified the recession. They made another mistake in that they let the inflation in the stock market leak into the commodity markets in 2008 causing oil and gasoline to surge higher exacerbating the pressure on consumers.
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