Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.
Monday, November 13, 2017
Stock Market Critical Supports are Being Challenged / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
SPX futures appear to be challenging the Ending Diagonal trendline near 2575.00 and Short-term support at 2578.41. The decline to the 50-day Moving Average at 2540.61 may be considered underway once those supports are broken. A break of the 50-day Moving Average in European stocks may trigger the same response in US stocks.
ZeroHedge reports, “S&P futures gave up early gains and were trading down -0.2%, as Donald Trump completes his first Asian tour and as pressure mounts on U.K. Prime Minister Theresa May, sending the pound plunging. European stocks fell, tracking many Asian shares as the Nikkei plunge accelerated.
Read full article... Read full article...
Monday, November 13, 2017
Short-Term Stock Market Uncertainty Following Recent Rally, Will Stocks Continue Higher? / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Briefly:
Intraday trade: Our Friday's intraday trading outlook was bearish. It proved partly wrong because the S&P 500 index lost 0.1% (neutral), following slightly lower opening of the trading session. The market remained within relatively narrow intraday trading range. We still can see technical overbought conditions along with negative divergences. Therefore, intraday short position is favored again. Stop-loss is at the level of 2,600 and potential profit target is at 2,555 (S&P 500 index).
Our intraday outlook is bearish today. Our short-term outlook is neutral, and our medium-term outlook is neutral:
Read full article... Read full article...
Sunday, November 12, 2017
Anyone Else Want To Call For A Stock Market Crash? / Stock-Markets / Stock Market 2017
By: Avi_Gilburt
Hindenburg omens. Market valuations. Record low volatility. And, I am only scratching the surface of all the reasons paraded before investors as to why this market is, in their opinion, “too high.”
So, is this time different? Have we finally conquered the business cycle and the stock market will rally on forever?
Read full article... Read full article...
Sunday, November 12, 2017
Stock Market Correction Phase / Stock-Markets / Stock Market 2017
By: Andre_Gratian
Current position of the market
SPX: Long-term trend – The bull market is continuing with no sign of a major top in sight.
Intermediate trend – Soon coming to an end.
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.
Read full article... Read full article...
Sunday, November 12, 2017
Who Are You Going to Trust, the Fed or $76 Trillion in”Smart Money”? / Stock-Markets / Inflation
By: Graham_Summers
Let’s talk about inflation.
There are two types of inflation in the world… the “inflation” that you and I experience in the form of a rising cost of living induced by Central Banks devaluing our currencies…
…and the inflation that Central Banks are “targeting” in the bizarre claim that somehow hitting said targets will unleash economic growth.
Read full article... Read full article...
Saturday, November 11, 2017
Unemployment Rate Reaches Record Low, Positive for Stocks / Stock-Markets / Stock Market 2017
By: Donald_W_Dony
The U.S. Unemployment rate has just reached a level not seen in over forty years.
In early November, the seasonally adjusted claims was 239,000. The 4-week moving average sat at 231,250 which is the lowest level since March 31, 1973 when it was 227,750.
Read full article... Read full article...
Friday, November 10, 2017
Can Stocks and Bonds go Down at the Same Time? / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
TNX gapped up this morning in a possible Wave [iii] of 3 of (5). I spent a considerable amount of time evaluating the Waves and Cycles to arrive at this construction of the Wave pattern. The fact that the Wave had become very oversold alerted me to the possibility of stocks and bonds both in decline. An index may often rally an average of 3 weeks after a Master Cycle low.
The view that bonds go higher as stocks go down is only a recent phenomenon. What if both go down in a liquidity crisis? For example, Japan or China may sell their treasuries to forestall their stock market declines.
Read full article... Read full article...
Friday, November 10, 2017
STOCKS HIT AN AIR POCKET……AGAIN! / Stock-Markets / Stock Market 2017
By: Enda_Glynn
Stocks got their fist little taste of pain yesterday as we close out this half cycle.
Full cycle losses in the coming bearmarket will extend to at least 60% in my estimation.
But it remains to be seen if this new decline is the beginning of something greater.
The DOW was down more than 250 points today in a possible series of 1,2 waves.
It is too early to say just yet,
But If I were a bull,
I might ask this question:
why do stocks nose dive, when everything is supposedly so great?
It has got to be a head sctratcher!
Friday, November 10, 2017
Stock Market Indexes Are in a Retracement Mode After Giving Their Signals / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
The formation we see here is most likely a Leading Diagonal Wave (i). At the 2-hour scale we see a complete trip from top to bottom of the Cycle. A normal retracement would take Wave (ii) to the mid-Cycle resistance at 2584.39, which is a 58% retracement. The Fibonacci 61.8%, retracement is above the mid-Cycle resistance at 2585.29. It may not make it.
Thursday, November 09, 2017
Stock Market Decline May have Begun / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
The VIX has given its buy signal at the 50-day Moving Average and appears capable of rising above its compressed Cycle Top, as well. Note the redrawn Elliott Wave structure which finally became clear at Friday’s Wave (2) low. No rules were violated in this pattern, just stretched to the limit. The EW structure now says we are in Wave 1 of (3), which should be a magnitude larger than Wave (1). Wave 1 should rise to the trendline at 16.66 or possibly to 17.28, which is the high in the Daily chart. The Head & Shoulders pattern which gives the Wave 3 target is still valid. It is possible that Wave 5 of (3) may rise to the mid-30’s.
Thursday, November 09, 2017
Stock Market Topping Action Or Just a Pause? / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Briefly:
Intraday trade: Our Wednesday's intraday trading outlook was bearish. It proved partly wrong because the S&P 500 index gained 0.15% (neutral), following slightly lower opening of the trading session. We still can see some technical overbought conditions along with negative divergences. Therefore, intraday short position is favored again. Stop-loss is at the level of 2,605 and potential profit target is at 2,555 (S&P 500 index).
Our intraday outlook is bearish today. Our short-term outlook is neutral, and our medium-term outlook is neutral:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): neutral
Thursday, November 09, 2017
Stock Market Dow Theory Divergence Returns Caution Warranted / Stock-Markets / Stock Market 2017
By: Christopher_Quigley
The bull price action momentum that returned to the Dow Transports September 11th last has now vanished, and is beginning to indicate renewed market weakness.
The Dow Industrials, the S & P 500 and the NASDAQ are displaying no such tendency. On the contrary, they show all the signs of a parabolic “blow-off”, which is the classic signature of a bull market termination.
Read full article... Read full article...
Wednesday, November 08, 2017
Markets are Warning, But No Major Sell Signal / Stock-Markets / Financial Markets 2017
By: Anthony_Cherniawski
SPX futures are challenging the upper trendline of the Broadening Wedge formation. Should it break through, the next level of support appears to be the lower Diagonal trendline at 2570.00. These supports are what makes the decline appears controlled and manageable. However, once beneath them, the decline becomes stronger as the SPX hones in on the next target indicated by the formations. For example, the Ending Diagonal formation, once triggered, is often completely retraced, with a target near 2400.00.
The smaller Broadening formation was relabeled as an Orthodox Broadening Top due to the near-horizontal lower trendline. If so, the first decline may stop at the Cycle Bottom support at 2499.76. We should remain flexible to allow for the possible conflicts between formations. It will become clear in the end.
Tuesday, November 07, 2017
The Next Financial Crisis Will Reveal How Little Liquidity There Is / Stock-Markets / Financial Crisis 2017
By: John_Mauldin
This is something I’ve been pondering for some time. I think the next crisis will reveal how little liquidity there is in the credit markets, especially in the high-yield, lower-rated space.
Dodd–Frank has greatly limited the ability of banks to provide market-making opportunities and credit markets, a function that has been in their wheelhouse for well over a century.
However, when the prices of massive amounts of high-yield bonds that have been stuffed into mutual funds and ETFs begin to fall, and the ETFs want to sell the underlying assets to generate liquidity, there will be no buyers except at extreme prices.
Read full article... Read full article...
Monday, November 06, 2017
The Stock Market- From Here to Infinity? / Stock-Markets / Stock Market 2017
By: Plunger
Rambus has shown that the move upward in the stock market continues to be unimpeded. I would concur with the caveat that early next year it may peak and end the 9 year bull market, so far the second longest in history. Momentum is still powering higher, however internal deterioration has begun to be evident. Here is one possible scenario for the ultimate top:
Monday, November 06, 2017
Stock Market Topping Pattern Or Just Pause Before Another Leg Up? / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Briefly:
Intraday trade: Our Friday's intraday trading outlook was bearish. It proved wrong because the S&P 500 index gained 0.3% following slightly higher opening of the trading session. We still can see some short-term overbought conditions. Therefore, intraday short position is favored. Stop-loss is at the level of 2,605 and potential profit target is at 2,555 (S&P 500 index).
Our intraday outlook is bearish today. Our short-term outlook is neutral, and our medium-term outlook is neutral:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): neutral
Monday, November 06, 2017
Nothing Can Bring Down This Stock Market Except . . . / Stock-Markets / Stock Market 2017
By: Avi_Gilburt
This past week, we experienced yet another horrendous terrorist attack in New York City. And, amazingly, just like what occurred after several other terrorist attacks that have been experienced over the last year, the market rallied right after the attack.
It has almost gotten to the point that people now expect the stock market to rally after a terrorist attack. Have we really become this warped in our thinking? Must we hold fast to ridiculous notions that news is what drives the stock market to the point that we have to resign ourselves to believing that the market will rally “because” of a terrorist attack? Do you not see how ridiculous these perspectives really are?
Read full article... Read full article...
Monday, November 06, 2017
Stock Market Still Bullish, (Near-Term)! / Stock-Markets / Stock Market 2017
By: Andre_Gratian
Current position of the market
SPX: Long-term trend – The bull market is continuing with no sign of a major top in sight.
Intermediate trend – Soon coming to an end.
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.
Read full article... Read full article...
Saturday, November 04, 2017
Markets At the Junction of Risk ‘On’ and Risk ‘Off’ / Stock-Markets / Financial Markets 2017
By: Gary_Tanashian
[edit] As I do the actual work of plowing through NFTRH 472 I am noting some non-bond related indicators in line with the fading Junk/Quality ratios and easing Treasury yields noted in this post. If preliminary hints in these indicators intensify and long-term yield breakouts fail, we may get a market reaction of some kind and lurch to risk ‘off’ sooner rather than later. Most market charts remain straight up bullish. But charts are charts and indicators are a whole other animal.
This post serves as a public version (i.e. more wordiness than is usual in an NFTRH report) of NFTRH 472’s Bonds & Related Indicators segment. If you’re not following bonds closely, you’re not really following stock and asset markets. You’re throwing darts.
At the junction of the inflated risk ‘on’ trade (stocks, global growth assets, etc.) and risk ‘off’ (gold, Treasury bonds, cash & equivalents, etc.) are the pivotal indicators to these conditions, Treasury bond yields, yield dynamics and bond market signals.
Read full article... Read full article...
Friday, November 03, 2017
SPX Trying to Digest a Whopper of a Monthly Labor Report / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
SPX futures are flat, trying to digest a big letdown in the BLS October Employment Situation Report. To make matters worse, 216,000 of the 261,000 reported new jobs are from a hypothetical model called the CES Birth/Death Model.
ZeroHedge reports, “Well, with virtually everyone expecting a 300K+ payrolls number after last month's negative hurricane-distorted print, and with whispers of a 400K print floating around, it only made sense that not only would payrolls disappoint, printing at 261K, one standard deviation below the 310K consensus estimate (and that even with a whopping 89,000 waiters and bartenders added)”
Read full article... Read full article...