Category: Stock Markets 2016
The analysis published under this category are as follows.
Monday, June 20, 2016
Stock Market Week Of Uncertainty / Stock-Markets / Stock Markets 2016
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: A lengthy correction is most likely underway!
SPX Intermediate trend: The British referendum could have a significant impact on the intermediate trend.
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 discuss longer market trends.
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Monday, June 20, 2016
Stock Market, Miners Update / Stock-Markets / Stock Markets 2016
By: Brad_Gudgeon
Last week was one of our best profit weeks since March. We caught the short in the stock market from June 15 into the 16th and the GDX short into Friday where we went to all cash. Originally, my thinking was that we would see a June 17th bottom in the stock market, but perhaps as late as July 5th. Now I’m fairly certain that date is July 5th. My SPX target is now into the low 1910’s for July 5th.
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Monday, June 20, 2016
Bonds And Stocks At All-Time Highs: Are Markets Confused Or Broken? / Stock-Markets / Stock Markets 2016
By: InvestingHaven
We observe odd trends in the market, the most important one being Treasuries and stocks both trading near all-time highs. That is definitely not ‘normal’ (whatever that term means nowadays), as bonds stand for ‘risk off’ (a safe haven asset) while stocks are only performing in a ‘risk on’ environment.
Saturday, June 18, 2016
Stock Market Inflection Point During Bifurcation / Stock-Markets / Stock Markets 2016
By: Tony_Caldaro
The market started the week at SPX 2096. After hitting SPX 2098 in the first hour of trading on Monday the market dropped to 2064 by Tuesday. A rally followed into Wednesday on the FOMC meeting, and the market hit SPX 2086 minutes after the FOMC statement. Then the market pulled back again, gapped down to open Thursday, and hit SPX 2050 before rallying to 2080 into the close. Friday saw a lower open as the market dropped to SPX 2063, then bounced to close the week at 2071. For the week the SPX/DOW were -1.05%, and the NDX/NAZ were -1.90%. Economic reports for the week were again mostly positive. On the downtick: industrial production, capacity utilization, housing starts and weekly jobless claims rose. On the uptick: the NY/Philly FED, the NAHB, building permits, the Q2 GDP est., export/import prices, retail sales, business inventories, and the CPI/PPI. Next week’s reports will be highlighted by FED chair Yellen’s semiannual economic report to Congress, Durable goods orders and more Housing reports.
Saturday, June 18, 2016
Nasdaq Underperforming Again....Brexit Is Next Up... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
The most interesting thing to take away from the past two years of going nowhere has been the continued, under-performance of those tech stocks everyone loves to own. For the most, and there have been small periods of exceptions, the Nasdaq has been the place big money doesn't want to go very often. The focus has been on safety plays. Lower risk plays with lower P/E's. Lower valuations over risk simply, because valuations are so out of line with reality. Tech stocks have those higher valuations, and quite often those higher valuations have led to some nasty blood baths.
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Friday, June 17, 2016
Stock Market On the Brink? / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX made an impulse down and may be finishing the retracement as I write. Instead of the 50-day acting as resistance we now have the mid-Cycle resistance at 2076.32 in its place. Stock options “mature” at 3:00 pm, so there may be a let-down into the close.
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Friday, June 17, 2016
Stock Market Thinking Upside Down; Dow 18k Still Key / Stock-Markets / Stock Markets 2016
By: Doug_Wakefield
Do you remember the ‘70s, and the all-star disaster films like the Towering Inferno and the Poseidon Adventure? As interest rates and gas prices soared, we “escaped” to the theatre to watch these big disaster films.
You will remember in the Poseidon Adventure that a luxury liner traveling from New York to Athens is broadside by a huge rogue wave set off by an underwater earthquake. The entire ship is turned upside down. Reverend Scott (Gene Hackman) surmises that the solution is to be found by climbing upwards to the stern, where the ship’s propellers are now the highest point on the ship. Robin (Eric Shea) is a young man interested in ships and tells Scott that the hull is only 1 inch thick near the propeller shaft.
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Thursday, June 16, 2016
Stock Market Second Leg of the Retracement On Its Way / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX may finish the second leg (Wave [c]) of its retracement at 2085.00 by the end of the day. The target is precisely where [c] equals [a]. This is a very orderly pattern, for once!
If you have gone to cash this morning, you may wish to go short by the end of the day.
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Thursday, June 16, 2016
Stocks Fluctuate Following Recent Decline - Bottom Or Just Pause Before Another Leg Down? / Stock-Markets / Stock Markets 2016
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,120, and profit target at 2,000, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral
Thursday, June 16, 2016
Fed Does Nothing As Expected.... Stock Market Nowhere As Always....Brexit on Deck... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
The market, for the most part, has been trading down lately due to the uncertainty the Euro zone is facing once next Thursday comes and goes. That's when we find out if Britain stays or goes out of the Euro zone. Fear of them leaving has the market mostly on the down side with the banks the most vulnerable and overall taking the hardest hits lower. They rebounded from very oversold today but they have the most risk ahead of and after the vote. If the vote is to stay they should have quite a rebound higher, but again, the unknown is having a very short-term adverse-affect for them, and, thus, the market overall. The banks are also vulnerable because, as we saw today, Fed Yellen is once again in no rush to raise rates, even though they badly need to do so. If rates stay down, and Brexit is a negative, the banks are in big trouble. Yellen is totally dependent on future Jobs Reports, with regards to deciding when to raise rates one more time for 2016.
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Wednesday, June 15, 2016
Stock Market Bounce May be Over / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX may have met its match with the Broadening trendline at a 35% retracement. The peak came at 10:13 am, just 7 minutes over the 30.1 hours required to complete the Cycle.
Wednesday, June 15, 2016
Stock Market Short of the Decade? / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX has completed two impulses down. Wave [i] ended at 2088.30. The second impulse ended at 2064.18. If it is Wave [iii], then Wave 1 may end near 2035.00 to 2040.00, a bit short of our initial target. The second impulse has filled its only gap this morning, so it is not acting like a Wave [iii]. That suggests something else is going on.
If this is a {i]-[ii], (i)-(ii) combination, then Wave (iii) may be a multiple of the two combined waves (56.37 points).
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Tuesday, June 14, 2016
Stock Market Sell Off Coming! / Stock-Markets / Stock Markets 2016
By: Chris_Vermeulen
This “distortion” between “risk” and “return” has created a “bubble” effect in all global equity classes. I informed my subscribers to exit the SPX on November 25th, 2014 and to enter cash. Their equity risk exposure was reduced to zero. Momentum oscillators are now extremely overbought and are very clearly trending bearish. I wait for confirmation before entering any new long SDS and long VXX positions.
This week (Tuesday) there is another FOMC meeting. The news of this monetary policy will be released on Wednesday, June 16th, 2016. Expect choppier price going into the meeting and shortly thereafter.
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Tuesday, June 14, 2016
Stocks Bears Defending 2100+ Pivot Still No Real Selling Ahead Of Fed And Brexit... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
Nothing has changed for nearly two years now, and I say that with a sense of sadness to everyone who plays this incredibly difficult game. Long-term lateral consolidations of this length can be looked at two ways. First is when a stock or index moves laterally for a long time it usually continues the trend in place. However, there is another side to see. If the consolidation is too long, nearly two years, you have to start wondering if the market is slowly turning over.
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Tuesday, June 14, 2016
Stock Market Caution / Stock-Markets / Stock Markets 2016
By: Marty_Chenard
Well, the Banking Index (the BKX) is holding its up trending and support for now, but its longer term trend is showing a down trending channel.
The pressure is on with the 30 Relative Strength reading coming in at 50.54 (or 00.54 on our CRSI indicator).
At the same time, the Accelerator and the Timing indicator are showing down moves, so we could see trouble at this time. Be very careful now.
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Monday, June 13, 2016
Stock Market Uptrend's Reversal Or Just Short-Term Downward Correction? / Stock-Markets / Stock Markets 2016
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 2,000, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral
Monday, June 13, 2016
Stock Market Correction Near / Stock-Markets / Stock Markets 2016
By: Brad_Gudgeon
According to my read, the stock market as measured by the S&P 500 is about to enter roughly a 12 to 13% correction. A few weeks ago, I wrote about the dates July 5th and November 29th as being possible important cycle lows for the stock market this year.
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Monday, June 13, 2016
Stock Market Overhead Resistance Prevails / Stock-Markets / Stock Markets 2016
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: A lengthy correction is most likely underway!
SPX Intermediate trend: Overhead resistance appears to have prevailed and turned prices short of making a new high.
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 discuss longer market trends.
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Sunday, June 12, 2016
NYA/TLT 2y, Weekly Chart & Analysis - Bearish View / Stock-Markets / Stock Markets 2016
By: Joseph_VanDerveer
Chart below shows a comparison of up-trending TLT and down-trending NYA. I would like to point out the two TLT spikes and lows in the market indicated by the 2 gray vertical boxes. With that in mind, TLT looks to be breaking to the upside with a weekly close higher then previous and mid channel resistance.
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Saturday, June 11, 2016
US Rapidly Approaching Recession, Best Stocks Trade Setup in 8 Years is Back! / Stock-Markets / Stock Markets 2016
By: Graham_Summers
The US is now rapidly approaching, if not already in a recession.
The media likes to talk about unemployment. But the unemployment rate is so gimmicked to make the economy look strong, that even THE FED had to create its own employment metric.
When even the Fed calls out data for being phony, you know it’s complete fiction.
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