Category: Stock Markets 2018
The analysis published under this category are as follows.Saturday, November 10, 2018
Stocks Breaking Higher, but Resistance Ahead / Stock-Markets / Stock Markets 2018
Wednesday's trading session was very bullish, as stocks accelerated their short-term uptrend following the U.S. Elections outcome. The S&P 500 index got back above the level of 2,800. The market is at its mid-October local high. So, will it continue higher or reverse downwards here?
The U.S. stock market indexes gained 2.1-2.6% on Wednesday, breaking above the short-term consolidation, as investors' sentiment improved following the U.S. Elections. The S&P 500 index was 11.5% below September the 21st record high of 2,940.91 on last week's Monday. And now it trades just 4.3% below the all-time high. The Dow Jones Industrial Average gained 2.1% and the Nasdaq Composite gained 2.6% yesterday.
The nearest important level of resistance of the S&P 500 index is now at around 2,815-2,820, marked by mid-October local high of 2,816.94. The next resistance level is at 2,860-2,865, marked by the previous local lows. On the other hand, the support level is now at 2,780-2,800, marked by the recent resistance level. The support level is also at 2,755-2,775, marked by yesterday's daily gap up of 2,756.82-2,774.13.
Read full article... Read full article...
Saturday, November 10, 2018
Stock Market Was Supposed to “Crash Like 1987” / Stock-Markets / Stock Markets 2018
It seems like just yesterday when everybody on CNBC was saying “here’s why the stock market could crash like 1987”.
With that being said, the S&P has made a perfect 61.8% retracement of its current correction. We predicted over the past 2 weeks:
Read full article... Read full article...Even if this is the start of a bear market, the S&P will bounce and retrace 50-61.8% of its decline. Bear markets don’t go down in a straight line.
Friday, November 09, 2018
SPX : The Incredibull Stock Market Plays On / Stock-Markets / Stock Markets 2018
Today I would like to update some of the charts we’ve been following for some of the SPX that had a wild October to say the least. For whatever reasons October has a lot of volatility which can lead to some important lows and in a few cases a crash which is rare. This past October shaped up similar to many of the previous Octobers we’ve seen since the bull market began in 2009.
This weekly chart for the SPX shows all the Octobers since the bull market began in 2009. For the most part if you took a position in October you were generally ahead of the game the following October with a few exceptions. This past October again marked a good spot to take a position in the SPX for a possible intermediate term move.
Read full article... Read full article...
Friday, November 09, 2018
US Stocks Roar To Life After Midterm Elections / Stock-Markets / Stock Markets 2018
Our research team is writing this message to alert all investors and traders of a pending rotation in the US stock market that may happen between now and November 15. The upside price breakout that is occurring on November 7, the day after the US mid-term elections, is an incredible display of global investor sentiment regarding the GOP success in the Senate and the continued business-friendly expectations originating out of Washington DC. The move, today, shows how clearly a global capital market shift is still engaged in the US markets and how much global investors are counting on the US to drive ROI and economic growth going forward.
Yet, we feel it is important to urge investors that our modeling systems are still suggesting an ultimate price bottom should be setting up near November 8~15 and that we could still see a bit of downward price rotation over the next few days before this ultimate price bottom completes. It might be too easy to get caught up in this move, today, and fail to properly understand the price rotation risks that are still active in the time/price horizon.
Read full article... Read full article...
Friday, November 09, 2018
Are We Entering a Stocks Bear Market? / Stock-Markets / Stock Markets 2018
I’ve gotten a lot of questions lately about whether I think we are entering into a bear market. The honest answer is I don’t know.
First, looking back in history, there are two types of bear markets:
- those that happen in a recession,
- and those that don’t.
Bear markets that happen in a recession are often deeper and the recovery is much longer. Those that happen simply because the market had gone “too far, too fast” tend to be “V”-shaped recoveries. Think 1987 or 1998.
Read full article... Read full article...
Friday, November 09, 2018
The Risk of Stock Market “Buy-and-Hold” Nobody Is Talking About / Stock-Markets / Stock Markets 2018
Investment advisers say we are “investing for the long run” and diversify among low-fee funds in various asset classes and indexes.Then they trot out studies showing investors will average 8% or whatever in the long run. And those are true statements.
The problem is that most investors don’t have the 40 or 50 years those studies cover. And they have to experience the bear markets along with the bull markets.
Read full article... Read full article...
Thursday, November 08, 2018
Is the Stock Market’s Rally “All Good To Go”? / Stock-Markets / Stock Markets 2018
The S&P 500 is just under its 200 dma.
Read full article... Read full article...
Wednesday, November 07, 2018
Stocks Made a Post-crash Bounce. What’s Next? / Stock-Markets / Stock Markets 2018
The S&P 500 has made a correction and its bounce stalled at the 38.2% retracement.
Here’s our long term, medium term, and short term outlook for the U.S. stock market. As U.S. stock market investors and traders, our job is to separate the signal from the noise.
Read full article... Read full article...
Wednesday, November 07, 2018
Following The Stock Market "Heard" Can Get You Into Trouble / Stock-Markets / Stock Markets 2018
So, I heard that good news is now bad news and bad news is now good news in the market. Or was that bad news is bad news and good news is bad news? Or, was that bad news is bad news and good news is good news? To be honest, I just can’t keep up with all the convoluted ways people try to explain how to view the market based upon news. And, it changes all the time.
Last week, I heard the dollar rally was causing the market to tank. Well, by Wednesday this past week we had rallied 130 points off the lows in the S&P 500, and the dollar continued to rise along with us at the time. This is another Foghorn Leghorn market moment for analysts:
Read full article... Read full article...
Wednesday, November 07, 2018
Stock Market Counter-trend Rally / Stock-Markets / Stock Markets 2018
Current Position of the Market
SPX: Long-term trend – Bear market
Intermediate trend – Bear market rally
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 discusses the course of longer market trends.
Tuesday, November 06, 2018
Stock Market Calm Before The Storm / Stock-Markets / Stock Markets 2018
With very strong US jobs data hitting the news wires this morning and an incredible upside price swing overnight because of expectations and hope of a US/China trade deal in the works, we were not surprised by the downside rotation in the US stock market this morning. As we’ve been warning for the past 3+ months, we expect the US stock markets to trade very narrowly headed into the US mid-term elections and begin a breakout upside price move sometime between November 8 and November 12.
Read full article... Read full article...
Tuesday, November 06, 2018
Stock Market’s Short term Outlook is Slightly Bearish, But Medium term is Bullish / Stock-Markets / Stock Markets 2018
The U.S. stock market’s daily volatility is high, with large intraday swings. Here’s the S&P 500.
Read full article... Read full article...
Monday, November 05, 2018
Stock Market Sharp Corrections and Bounces are Usually Followed by Retests / Stock-Markets / Stock Markets 2018
After a rapid drop last month, the U.S. stock market has bounced over the past 3 days. The S&P’s most likely target for this bounce is its 200 day moving average.
Read full article... Read full article...
Saturday, November 03, 2018
Should You Sell Your Stocks Before Tuesday’s Big Elections? / Stock-Markets / Stock Markets 2018
Are you prepared for Tuesday?
It’s going to be a crucial day for the stock market.
As you likely know from the lawn signs dotting American neighborhoods, midterm elections take place this Tuesday.
If the polls are correct, President Trump and Republicans are in big trouble…
Read full article... Read full article...
Friday, November 02, 2018
The Stock Market’s Road Higher is Going to be Really Choppy / Stock-Markets / Stock Markets 2018
The U.S. stock market rallied today but faced resistance at its 38.2% retracement (38.2% retracement is the minimum requirement for a bounce).
Read full article... Read full article...
Friday, November 02, 2018
Stock Market Barometers, Thermometers, and Recency Bias / Stock-Markets / Stock Markets 2018
Precious metals expert Michael Ballanger discusses recent moves in the stock market. As the month of October fades away and is replaced by the month of November, which represents the start of the "best six months of the year" for stocks, traders are all sharpening pencils, firing up slide rules and priming keyboards in anticipation of making some very bold calls on the pending "bottom" for the current market bloodbath. This weekend alone, the blogs and email inboxes are stuffed with glowing predictions of an imminent upturn and the number one reason for this is apparently the "incredible strength of the U.S. economy."
Read full article... Read full article...
Friday, November 02, 2018
Sentiment Extremely Bearish, Setting Up the Stock market For a Nice Rally / Stock-Markets / Stock Markets 2018
For the first day in 2 weeks, the U.S. stock market did not selloff in the final hour of trading yesterday.
Read full article... Read full article...
Friday, November 02, 2018
Stock Investors Are Getting Stressed, And It Can Get Much Worse / Stock-Markets / Stock Markets 2018
I am starting to see evidence of serious stress from investors based upon the tone of the some of the comments I am seeing in my articles on the market. Well, at least from those who did not heed my warnings.
In fact, even though I warned about this type of drop well before it happened, some investors were taking their anger out on me even though the market did exactly what I warned it would do. This suggests a high amount of stress being felt by many investors after only a 10% drop off the highs. Can you imagine what it will be like if we attained the full 20-30% correction that we see as a strong potential?
Read full article... Read full article...
Thursday, November 01, 2018
The U.S. Stock Market is Very Volatile Right Now. What’s Next / Stock-Markets / Stock Markets 2018
The U.S. stock market has been very volatile recently, swinging up and down more than 1% each day.
Read full article... Read full article...
Wednesday, October 31, 2018
R.I.P. Fed-Fueled Stocks Bull Market (2009-2018)? / Stock-Markets / Stock Markets 2018
The Nasdaq composite enters this week’s trading down over 10% in the month of October. For what it’s worth, market technicians consider a 10% pullback an official “correction.”
So far it’s just that – a correction. It may therefore be a bit premature to carve the stock market’s tombstone.
But investors should be prepared for further downside in share prices… and a possible longer-term (and long overdue) bear market after several years of relentless Fed-fueled price appreciation.