Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Monday, September 25, 2017
Stock Market Forming a Reluctant Top / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: The uptrend has pushed a little higher, near-term.
SPX Intermediate trend: We may be in a position to get “something” started on the downside.
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, September 24, 2017
Two Key Indicators Show the S&P 500 Becoming the New ‘Cash’ / Stock-Markets / Stock Market 2017
Pension plan administrators do it. Their actuaries and consultants do it. Professional endowment and foundation investors do it. Financial advisors do it. Private investors may or may not do it, but they probably should.
Do what?
All of these folks already are or should be asking themselves the following question: What’s a reasonable expectation for the long-term return on a broad-market equity investment?
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Sunday, September 24, 2017
Is the Fed About to Burst the Largest Debt Bubble in History? / Stock-Markets / Global Debt Crisis 2017
Let the farce begin.
The Fed meets today to discuss whether or not to begin shrinking its balance sheet. The financial media informs us that this is the single most important Fed meeting in years and that its coming announcement is a game-changer.
Give me a break.
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Saturday, September 23, 2017
Stocks, Gold, Dollar, Bitcoin Markets Analysis / Stock-Markets / Financial Markets 2017
As always, I will be adding to this over the weekend and should have all my updates done by 2pm PST on Sunday so please check back then.
Stocks (SPX):
Cycle Status/Outlook: Short term bullish after another new ATH on the SPX this week on day 21. We are slightly lower on day 23 but a 21 day high shifts the odds in favor of a right translated cycle that will make a higher low.
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Saturday, September 23, 2017
A Triangle Consolidation in the SPX / Stock-Markets / Stock Market 2017
I5t appears that a Triangle has formed at the Micro level in the SPX. That explains the week-long sideways consolidation that we’ve seen…and the reason why we haven’t seen the trendline get broken, as well. We may see a pop on Monday morning, so see you there!
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Saturday, September 23, 2017
Stock Market's "Proper Value" Is Nonsense -- Here's Why / Stock-Markets / Stock Market 2017
See why there is no reliable standard of value for the stock market
Should investors rely on traditional ways of evaluating the stock market's "proper value"? You might be surprised at what these four charts show.
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Friday, September 22, 2017
USDJPY Leads the way for a Resurgent Greenback / Stock-Markets / Financial Markets 2017
A very good evening to one and all.
Despite a shock to the system last night,
the sharp USD rally has not invalidated any of the operating wave counts.
Although it is a picture of what is to come for the USD in the near future,
The short term wave counts are pointing to one last push up before completing the larger structures.
Thursday, September 21, 2017
Follow the Money - Why the Stock Market's Up and Why it Won't Last / Stock-Markets / Stock Market 2017
Rudi Fronk and Jim Anthony, founders of Seabridge Gold, discuss why the stock market's been up and why it likely won't last. During the last week, the major market indices rallied again. There was no news to account for it. But there was a reason.
The U.S. Treasury has been up against its debt ceiling since March 15 when the ceiling was re-imposed. Since then, there has been no net new issuance from the Treasury. The Treasury has run down its cash balances and borrowed internally from its own resources, which are not subject to the ceiling. This period has been very helpful to the financial markets. With the federal government not selling any net new supply of securities—just rolling the maturing stuff over—the markets have been flush with cash that would otherwise have been absorbed by the government.
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Thursday, September 21, 2017
Short-Term Uncertainty, As Stocks Fluctuate Along Record Highs / Stock-Markets / Stock Market 2017
Briefly:
Intraday trade: Our yesterday's neutral intraday outlook has proved accurate. The S&P 500 index gained 0.1%, as it extended its consolidation along 2,500 mark. The market may continue to fluctuate today. On the other hand, support level is relatively close, at last week's Tuesday's daily gap up of 2,488.95-2,490.37. Therefore, we still prefer to be out of the market, avoiding low risk/reward ratio trades.
Our intraday outlook remains neutral, and our short-term outlook is bearish, as we expect downward correction. Our medium-term outlook remains bearish:
Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): bearish
Wednesday, September 20, 2017
Stock Market Bubble Last Two Times This Happened Was in 2000 and 2007 / Stock-Markets / Stock Market 2017
The stock market bubble is now so massive that even Goldman Sachs is getting worried.
Let’s be clear here: Wall Street does best and makes the most money when stocks are roaring higher. So in order for a major Wall Street firm like Goldman to start openly worrying about whether or not the markets are going to crash, there has to be truly MASSIVE trouble brewing.
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Wednesday, September 20, 2017
Stocks Hit Aggressive Sell Signals / Stock-Markets / Stock Market 2017
NDX is on an aggressive sell signal. It becomes confirmed beneath the 50-day Moving Average at 5903.02.
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Wednesday, September 20, 2017
The 5 Biggest Bubbles In Markets Today / Stock-Markets / Financial Markets 2017
BY JARED DILLIAN : Bubbles aren’t new—they’ve been around since Dutch tulips—but it’s only recently that they’ve worked their way into the average investor’s lexicon. That’s probably because bubbles happen much more frequently these days.
We never used to get a giant speculative bubble every 7–8 years. But that has been the case since the new millennia.
In 2000, we had the dot-com bubble.
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Wednesday, September 20, 2017
Infographic: The Everything Bubble Is Ready to Pop / Stock-Markets / Liquidity Bubble
BY JARED DILLIAN : It wasn’t always this way. We never used to get a giant, speculative bubble every 7–8 years. We really didn’t.
In 2000, we had the dot-com bubble.
In 2007, we had the housing bubble.
In 2017, we have the everything bubble.
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Wednesday, September 20, 2017
Stock Market Waiting Game... / Stock-Markets / Stock Market 2017
SPX futures are flat this morning. At this point it appears to be a waiting game between the market and the Fed. There appears to be at least one more probe higher (Ending diagonal). A throw-over above the upper Diagonal trendline is probable. Should that be the case, a decline beneath the Brexit trendline (red) may be an aggressive sell signal while a decline beneath the lower Diagonal trendline near 2495.00 may be a confirmed sell signal.
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Wednesday, September 20, 2017
US Equities Destined For Negative Returns In The Next 7 Years - 3 Assets To Invest In Instead / Stock-Markets / Investing 2017
BY STEPHEN MCBRIDE : With the S&P 500 up 260% since March 2009, investors have been well rewarded for holding US stocks in the recent past.
However, the prime time of US stocks has come to an end. Here’s why.
In a white paper titled The S&P 500: Just Say No, investment research firm GMO projected that returns on US equities would be -3.9% over the next seven years.
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Tuesday, September 19, 2017
Stock Market Bubble Fortunes / Stock-Markets / Stock Market 2017
A few days ago, former Reagan Budget Director and -apparently- permabear (aka perennial bear) David Stockman did an interview (see below) with Stuart Varney at Fox -a permabull?!-, who started off with ‘the stock rally goes on’ despite a London terror attack and the North Korea missile situation. His first statement to Stockman was something in the vein of “if I had listened to you at any time after the past 2-3 years, I’d have lost a fortune..” Stockman shot back with (paraphrased): “if you’d have listened to me in 2000, 2004, you’d have dodged a bullet”, and at some point later “get out of bonds, get out of stocks, it’s a dangerous casino.” Familiar territory for most of you.
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Tuesday, September 19, 2017
What Does "Desperate Complacency" Look Like? See For Yourself... / Stock-Markets / Financial Markets 2017
What Does "Desperate Complacency" Look Like? See For Yourself...
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Monday, September 18, 2017
Elliott Wave Analysis of COMPQ (Nasdaq Composite) / Stock-Markets / Tech Stocks
The relentless trend from the Feb 2016 could be close to a pause on some tech markets. Particularly the NDX and COMPQ. Both markets can suggest the trend is close to ending either wave [3] or wave [5] from the Feb 2016 lows. Personally I think the better idea is to suggest it’s close to ending wave [3]. Although I can see the merits of the other idea when I look at a weekly chart, it can clearly be counted as a 9 swing move from the Feb 2016 lows.
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Monday, September 18, 2017
These Two Articles Debunk The Biggest Financial Nonsense I See In The Media / Stock-Markets / Financial Markets 2017
For this week’s Outside the Box (subscribe here for free), we have a two-parter of short essays. They are unrelated but equally important. First, in “Time to Drain the Fed Swamp,” Brian Wesbury and colleagues at First Trust make the case that it was the private sector, not the federal government or the Fed, that saved the economy after the panic of 2008.
The Fed has outgrown its britches, they argue, and it’s time to fill the Board of Governors chair and vice-chair positions with people who will hold the Fed to account for its mistakes. They conclude with this trenchant line:
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Monday, September 18, 2017
Stock Market Sentiment Speaks: Either You Learn From The Events Of The Past Week, Or You Are Hopeless / Stock-Markets / Stock Market 2017
Back in mid-July, we called for the market to top within 3 weeks between 2487-2500. And, 3 weeks later, the market topped at 2490SPX within one day of the topping date we expected. And, since we struck that high, the market has followed through in an almost textbook fashion for the entire month of August, as we caught just about every twist and turn during the month.
Coming into the last week of August, we were expecting the market to drop down to support within the 2425-2430SPX region, and then rally back towards the 2465-2475 region, before it set up to drop back down to the 2400SPX region. As we now know, dropped hard and bottomed early that week at 2428SPX, and then rallied back to 2480SPX. When the market topped out at 2480 on September 1st, our expectation was that we would see a drop down to the 2400SPX region next.
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