Category: Stock Markets 2016
The analysis published under this category are as follows.
Friday, March 18, 2016
Rising Stock Market Vollatility - Watch out below! / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
Good Morning!
I have profiled the 4.3-year trendline which was violated yesterday. You can see that there was another false breakout on September 29. Whether that breakout remains standing at the end of the day is uncertain, since there is a double Trading Cycle Pivot on Saturday.
Today is all about options expiration. This week is known as quadruple witching, which adds to the potential volatility.
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Friday, March 18, 2016
$NYAD (NYSE Advance-Decline Issues) and $SPX (S&P 500 Index) / Stock-Markets / Stock Markets 2016
By: Gary_Savage
The AD line is making higher highs. There is virtually no doubt at this point that the 7 year cycle low is complete and a new 7 year cycle has begun
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Friday, March 18, 2016
Market Explodes on FOMC News / Stock-Markets / Stock Markets 2016
By: Harry_Boxer
The stock market indices had an interesting session with a mixed close, although they did come way off the lows early on when the indices had an early dip. They then stair-stepped their way higher in a 5-wave advance, pulled back to hold support, and then rallied back to resistance. When they couldn’t get through, they backed off into the close. At the end of the day, they did close green on St. Patrick’s Day on the blue chips.
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Thursday, March 17, 2016
Kuroda, Draghi, then Yellen Pull the Trigger on Blanks / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
Good Morning!
As expected, the SPX Premarket is down again this morning. The “goose” that the markets got at the FOMC announcement are but a temporary reprieve from what is to come.
I will be gone all day to a conference in Indiana, so here is the level at which the market trend turns south. The trendline is self-evidennt, along with Intermediate-term support at 1994.28 as the confirmation of the change in trend.
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Thursday, March 17, 2016
More Stock Market Volatility Following Fed's Decision Release - Uptrend Reversal Or Just Consolidation? / Stock-Markets / Stock Markets 2016
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,050, and profit target at 1,900, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish, as we expect a downward correction or short-term uptrend's reversal at some point. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence. We decided to change our long-term outlook to neutral recently, following a move down below medium-term lows:
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Wednesday, March 16, 2016
Stocks Premarket is Down, Awaits the FOMC / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
Good Morning!
The SPX Premarket is down, but not sufficiently to break the next support level at 1988.79. Should the decline continue, I would expect to see a bounce in that vicinity.
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Wednesday, March 16, 2016
Stock Market Bear Counter Rally Continues / Stock-Markets / Stock Markets 2016
By: Christopher_Quigley
Europe continues to disintegrate politically.
On the 26th of February the Irish people went to the polls in a general election. Nearly 3 weeks later a government has not been formed due to the fact that no main party won an outright majority. It looks like this instability will remain for at least another month or so. Spain went to the polls 3 months ago and still no government has been voted in. Belgium was unable for 541 days to form a government, following its general election in 2010.
Tuesday, March 15, 2016
Stock Market Trading Cycle inverts... / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
Good Morning!
SPX closed yesterday above both its 200-day Moving Average at 2019.41 and its mid-Cycle support/resistance at 2012.67. However, this morning’s Premarket seems to have knocked it off both perches.
Today we have an inverted Trading Cycle Pivot. I originally anticipated it to be a Cycle low, as the vast majority of Trading Cycle Pivots are. Today’s Pivot corresponds with the November 16 and January 20 lows. As a result, I had miscalled the rally, expecting it to end much sooner. It appears that the rally far exceeded many other analysts calls as well.
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Tuesday, March 15, 2016
Flat Close for Stock Market Indices / Stock-Markets / Stock Markets 2016
By: Harry_Boxer
The stock market indices started the week off with an interesting day today and finished mixed on the session. The day started out with a move up in the morning in a 5-wave advance, they pulled back in the afternoon, that held support, they rallied to nominal new highs with about forty minutes to go, and then backed off into the close to close mixed.
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Tuesday, March 15, 2016
Stock Market Waiting On Fed Wednesday.... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
The market volume today was very low. The reason is simple. Not many want to place bets in front of fed Yellen on Wednesday when she does what she has to do regarding interest rates. We all know she won't raise rates this time, but the market is very interested in her language regarding the future. To get an idea if and when the next rate hike may occur. If she talks about raising in the future, I think the banks will clearly like that news, while the market reaction will be unclear, in my opinion.
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Monday, March 14, 2016
The Stock Market Crude Oil Trap / Stock-Markets / Stock Markets 2016
By: Bob_Loukas
The price correlation between the Crude and equity Cycles was on full display last week. The only real difference is the relentless nature of Crude’s surge higher. Crude was so oversold and bearish sentiment so elevated, that its march higher from the Investor Cycle Low has been unyielding.
The action appears to be a classic bear market squeeze, as traders who bet big on a continued decline have been forced to cover their Shorts. And in the process, Crude’s mood has quickly turned. The mood was bleak and extremely bearish just a month ago, but we’ve now begun to hear opinions that the bear market has ended and that Crude has seen the bottom.
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Monday, March 14, 2016
Stock Buyback Blackout Begins / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
We are now entering the blackout period for corporate stock buybacks, the largest purchaser of stocks for the past year. On the left is a chart showing the blackout periods for the past year.
Bloomberg reports, “Demand for U.S. shares among companies and individuals is diverging at a rate that may be without precedent, another sign of how crucial buybacks are in propping up the bull market as it enters its eighth year.
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Monday, March 14, 2016
Stock Market Still in Rally Mode as SP500 Climbs Above 2,000 / Stock-Markets / Stock Markets 2016
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,050, and profit target at 1,900, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish, as we expect a downward correction or short-term uptrend's reversal at some point. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence. We decided to change our long-term outlook to neutral recently, following a move down below medium-term lows:
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Monday, March 14, 2016
Stock Market Dip Monday, Tuesday? Gold Topping / Stock-Markets / Stock Markets 2016
By: Brad_Gudgeon
Last I wrote, I thought we might be breaking down out of a rising wedge pattern in the SPX. Apparently, many others thought the same thing, and you know what they say when too many agree. So many are thinking we go lower from here and that has me concerned. While I think we go lower over the next two days in the stock market (1957-62 SPX down about 3%) and I think that we are in the early stages of a bear market, the probabilities are we have one to two more weeks of general upside left before we top. My current upside targets are 2058-81 SPX.Read full article... Read full article...
Sunday, March 13, 2016
SPX Stocks Index At Tipping Point / Stock-Markets / Stock Markets 2016
By: Andre_Gratian
Current Position of the Market
SPX: Long-term trend: Severe correction underway.
SPX: Intermediate trend – .618 retracement reached as well as total projection. End of rally likely.
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, March 13, 2016
Stock Market 'Reconsidering' the ECB's Recent Action / Stock-Markets / Stock Markets 2016
By: Jesse
According to the official spin, traders 'reconsidered' what the ECB did this week, and what Draghi had subsequently said, and gleefully cast off all doubts and concerns about risks and started buying equities.
Yes, I am sure that this is what happened.
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Sunday, March 13, 2016
It’s Too Early To Short Stocks / Stock-Markets / Stock Markets 2016
By: Gary_Savage
Here are the cons to shorting the stock market:
The Fed and the PPT have a printing press. They have access to unlimited amounts of money, and they are extremely motivated in keeping the stock market propped up.
Most of the world is experiencing negative interest rates. Money is flowing out of those bond markets and it has to land on something.
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Sunday, March 13, 2016
Stocks Bear Market Rally or Not? / Stock-Markets / Stock Markets 2016
By: WavePatternTraders
Everyone wants to really know if this is a bear market rally or will it make new all time highs on the SPX. It's been a while since I wrote an article, but in my last article I was looking for a minor new high for the SPX. To end the bull market that started from 2009. We never did see that, although we did see a new bull market high on the NDX.
Saturday, March 12, 2016
Stocks Bear Market Rally Edges Higher / Stock-Markets / Stock Markets 2016
By: Tony_Caldaro
The market started the week at SPX 2000. After reaching SPX 2006 on Monday the market traded down to 1977 on Tuesday. Then after two gap up openings the market traded up to SPX 2005 on Thursday before selling off to 1969. By Thursday afternoon the market reversed and was making new uptrend highs, at SPX 2022, on Friday. For the week the SPX/DOW were +1.15%, the NDX/NAZ were +0.75%, and the DJ World index was +1.0%. Economic reports for the week again were slightly negative. On the uptick: wholesale inventories, the WLEI, plus weekly jobless claims improved. On the downtick: consumer credit, export/import prices, plus the budget deficit widened. Next week’s reports will be highlighted by the FOMC meeting, Industrial production and the CPI.
Friday, March 11, 2016
Stock Market Rally is Abating / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX has stopped rallying after a little more than 19.5 days from its February 11 low. Not much more can be said until it breaks the uptrend line at 1975.00. Most rallies of this nature usually take less time than this, so we can say that it is unusually long.