Category: Stock Markets 2016
The analysis published under this category are as follows.Monday, April 25, 2016
Is July 5th the Next Stock Market Bottom? / Stock-Markets / Stock Markets 2016
The chart below shows a repeating pattern of 115 trading day tops on the S&P 500 virtually shadowing the 100 trading day cycle to cycle lows. The 100 TD lows can run anywhere between 85 and 115 trading days. This low is commonly referred to as the 20-week low. The 20-week low is half of the dominant 9-month low that usually runs about 40 weeks .
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Monday, April 25, 2016
Stock Market S&P 500 Below 2,100 Mark - Uptrend Reversal Or Just Correction? / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, no speculative positions are justified.
Our intraday outlook is neutral, and our short-term outlook is neutral. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:
Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral
Monday, April 25, 2016
Stock Market Dangerous Divergence / Stock-Markets / Stock Markets 2016
The chart below would appear to be in conflict with the results of a recent Gallup poll regarding stock ownership by Americans. The ratio of household equities to money market fund assets is near a record high, 60% above the 2007 high and 30% above the 1999 internet bubble high. The chart would appear to prove irrational exuberance among the general populace.
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Sunday, April 24, 2016
Stock Market Upside Objective Reached / Stock-Markets / Stock Markets 2016
Current Position of the Market
SPX Long-term trend: The beginning of a lengthy correction may be underway!
SPX Intermediate trend: Potential rally top.
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, April 24, 2016
The Dow Jones is a Catalyst for Misplaced Stock Market Optimism / Stock-Markets / Stock Markets 2016
The Curious Recovery of the Dow Jones
After delivering stellar gains after America’s economic recovery in 2008, the Dow Jones Industrial Average has stalled, with a 1 year decline of 0.19%. A further examination of the components of the Dow Jones, and most importantly how stronger performing components have replaced some of the sub par links, reveals that its strong benchmark of success after 2008 has been a catalyst for misplaced optimism for America’s stock market. Its current mediocre performance is further troublesome, as one can holistically examine a flurry of sell offs this year in multiple sectors, such as the energy, biotechnology, and banking sectors. The Dow Jones stands as a misleading rosy shaded picture of how America, and most specifically its stock market, has recovered and continues to prevail. Weak fundamentals can easily be seen by examining areas of America’s economy, particularly areas the middle class is most vulnerable to, as well as the stock price losses experienced in other crucial sectors of America’s economy. A list of 30 companies is certainly too small of a sample size to holistically represent America’s stock market, yet I think the modifications and strategic exclusion of vulnerable areas makes the impact of its distortion of reality much stronger than one would initially assume.
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Saturday, April 23, 2016
Stocks Bull or Bear Market Rally? / Stock-Markets / Stock Markets 2016
The market started the week at SPX 2081. On Monday it dipped down to SPX 2074 and then started to rally to new uptrend highs. By late Wednesday the SPX hit 2111, and then started to decline. By Friday morning the SPX hit 2081, then bounced to end the week at 2092. For the week the SPX/DOW were +0.55%, the NDX/NAZ were -1.10%, and the DJ World index gained 0.70%. Economic reports for the week were mostly positive. On the downtick: building permits, housing starts and the Philly FED. On the uptick: existing home sales, the FHFA index, leading indicators, the WLEI and weekly jobless claims improved. Next week’s reports will be highlighted by the FOMC meeting, Q1 GDP and the PCE. Best to your weekend and week!
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Saturday, April 23, 2016
Stock Market No Real Selling....Most Indexes Strong....Nasdaq Lagging / Stock-Markets / Stock Markets 2016
The Nasdaq has been lagging for the entire year and that's simply because of the higher P/E's associated with those four-letter stocks. In a declining-global environment within a forced fed-bull market the majority of the big money doesn't want to get caught in a bad, Nasdaq earnings report, and get slaughtered so that big money plays it safe and goes to the lower P/E, higher-dividend world. The result is under performance in the Nasdaq, and out performance in the S&P 500 and Dow. The Nasdaq got hit by a threesome of bad reports last night. Google Inc. (GOOG), Starbucks Corporation (SBUX) and Microsoft Corporation (MSFT). All three hit hard today. That trio, which is very heavily weighted, took the QQQ's down very hard today, although there was the usual strong move off the lows as the day wore on. The bull market was very much intact with zero signs of topping out, although there was some technical damage on the Nasdaq.
Saturday, April 23, 2016
Stock Markets Dow, FTSE Tracking Crude Oil Rally Towards New All Time Highs 2016! / News_Letter / Stock Markets 2016
The Market Oracle Newsletter2nd Mar, 2016 Issue # 6 Vol. 10
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Saturday, April 23, 2016
Stock Market Bottoming Out or the Last Bull Standing? / News_Letter / Stock Markets 2016
The Market Oracle NewsletterJan 25th, 2016 Issue # 3 Vol. 10
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Friday, April 22, 2016
USD/JPY may be losing its influence on Stocks / Stock-Markets / Stock Markets 2016
The USD/JPY influence on the SPX may be waning. ZeroHedge reports, “Kuroda, we have a problem. Following rumors overnight, USDJPY is obediently being bid (Yen weaker), with its biggest day since January and pushing above 111 (highest in 3 weeks). Normally this would be all the US equity needed to spike ignorantly to new highs... but it's not...
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Thursday, April 21, 2016
Harry Dent: Stock Market 70% Crash By Late 2017 – Gold $400-$800 / Stock-Markets / Stock Markets 2016
FRA Co-founder, Gordon T. Long is joined by Harry Dent to have a detailed discussion about the state of the global economy and how investors can be prepare themselves for the turmoils to come.
Read full article... Read full article...Harry S. Dent, Jr. is the Founder of Dent Research, an economic forecasting firm specializing in demographic trends. His mission is “Helping People Understand Change”. Using exciting new research developed from years of hands-on business experience, Mr. Dent offers unprecedented and refreshingly understandable tools for seeing the key economic trends that will affect your life, your business, and your investments over the rest of your lifetime.
Thursday, April 21, 2016
Stock Market Highest Since Early November - Will It Continue Even Higher? / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, no speculative positions are justified.
Our intraday outlook is now neutral, and our short-term outlook is neutral. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:
Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral
Thursday, April 21, 2016
Stocks Bear Market 2016 Illusion Persists Despite Dow Targeting New All Time High / Stock-Markets / Stock Markets 2016
The so called great stocks bear market of 2016 that apparently began following the Dow's May 2015 all time high of Dow 18,351, has seen bear market rhetoric reaching its most fever pitch as the Dow bottomed out in late August 2015 at Dow 15,370, and then again more recently in January of this year. So how has this so called bear market been progressing? A bear market heralded by even those who may have been bullish from time to time.
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Thursday, April 21, 2016
US Presidential Election Candidates Confirm: No Stock Market Crash This Year / Stock-Markets / Stock Markets 2016
A CNN Money article this weekend provided contrarian investors with a moment of clarity. “Trump and Cruz predict stock market ‘crash’” the headline proclaimed. Contrarians couldn’t find a more emphatic statement of mainstream bearish capitulation than that.
The market opinions of high-profile public figures are always as fascinating as they are instructive. Most public figures have only an elementary grasp on the financial markets; this is doubly true for politicians and political candidates. In instances when these figures make public predictions about the market it’s almost a guaranteed contrarian bet that they’ll be wrong.
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Thursday, April 21, 2016
Stock Market Sloppy-Choppy, Topsy-Turvy Day / Stock-Markets / Stock Markets 2016
The stock market indices had a topsy-turvy day today as they were up and down more times than ocean waves during a bad storm. They opened to the upside, went down and then up several times, until they had a strong rally to resistance at about 4560 Nasdaq 100, pulled back mid-afternoon, rallied back to that level, took it out by a point, but couldn’t maintain. Meanwhile, the S&P 500 was making higher-highs all day, reaching 2111, not confirmed by the Nasdaq 100. In the afternoon in the last hour, they sold off pretty sharply, gave back a big chunk of the gains, but still managed to close slightly positive.
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Thursday, April 21, 2016
Stock Market Can't Sell....Froth Ramping Quickly... / Stock-Markets / Stock Markets 2016
The market is in the zone. No sellers. It tries to sell, but simply can't. The S&P 500, after gapping up early, fell back about a ten handle. Once it goes red the buyers come rushing back in. Complacency at its finest. And how strange that we opened higher since last night the futures were hit down after Intel Corp (INTC) reported a very weak yearly outlook on top of twelve thousand layoffs. The stock was down 3%, only, of course, to come rocking back today. As usual the futures recovered, and the market said sorry bears. There doesn't seem to be anything that can hit this market lower. Think about it. Most of the big names thus far have had very poor reports. The market doesn't care. Even if that stock falls the market simply rotates away.
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Tuesday, April 19, 2016
Stock Market Advance/Decline Line / Stock-Markets / Stock Markets 2016
The cumulative advance/decline line (not to be confused with the "other" advance/decline line) has thrown a wrench into the bearish equity scenario as it exceeded the old April high and made a new high last week. This indicator is watched far and wide by technicians as a reliable (yet, not perfect) indicator. In Aug 2014 it reached to a new high only to see the Dow drop 7.00%. In July 2011 it hit a new high and was followed by a decline of 19.00% in the Dow. Nevertheless, bears need to stay on their toes.
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Tuesday, April 19, 2016
Stocks, What Oil Problem?...... / Stock-Markets / Stock Markets 2016
There was a much anticipated meeting on whether the world's oil producing countries would put a freeze on future oil production since there was a glut due to decreasing demand. If the freeze was to be accepted, it was likely that oil would soar and take the market with it. If the freeze was not accepted, then it was likely oil would tank and yes, take the market with it. The news was bad as the freeze was turned down. The result was a very nasty move lower in oil and in our futures last night. It looked like the market was ready to give it up. To lose the breakout over the trend line at 2075. It had trouble for a few days putting that level away with force. failure seemed to be in the cards. Seemed to be, but in the end it wasn't.
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Monday, April 18, 2016
Stock Market Premarket is Down / Stock-Markets / Stock Markets 2016
Good Morning!
SPX futures declined to short-term support at 2062.36 in the overnight session. The Premarket is down, but partially recovered from its earlier plunge. The overnight bounce at Short-term support indicates the probability that it may not hold the second time. The rally trendline and mid-Cycle support at 2056.35 may be the next challenge later today.
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Monday, April 18, 2016
Stock Market More Uncertainty Ahead Of Quarterly Earnings Releases / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,100, and profit target at 1,950, 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