Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Saturday, July 22, 2017
Market Reality Is Going to Bite Back Soon / Stock-Markets / Stock Market 2017
My Bias: short in wave (3) red.
Wave Structure: downward impulse wave
Long term wave count: lower in wave (3) red
Important risk events: EUR: Flash Manufacturing PMI, Flash Services PMI.
Friday, July 21, 2017
Warning: The Fed Is Preparing to Crash the Financial System Again / Stock-Markets / Financial Crash
Very few investors caught on to it, but a few weeks ago the Fed made its single largest announcement in eight years.
First let me provide some context.
For eight years now, the Fed has propped up the stock market. In terms of formal monetary policy the Fed has:
· Kept interest rates at ZERO for seven years making money virtually free and forcing investors into stocks and junk bonds in search of yield.
· Engaged in over $3.5 TRILLION in Quantitative Easing or QE, providing an amount of liquidity to the US financial system that is greater than the GDP of Germany.
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Friday, July 21, 2017
XIV Hits All Time Highs As The VIX Sets Records That May Never Be Broken / Stock-Markets / Stock Market 2017
By Mike Golembesky : In last week’s article, I had noted that as long as the XIV was able to hold the 83.93 level, I expected to see it hit the 87.76 – 91.53 zone into this week with the potential to see a move into the mid 90’s prior to making a large degree top.
On Tuesday of this week, the XIV closed at the upper end of this 91.53 zone and then on continued to extend higher into Wednesday, and as of Thursday’s close is now trading at the 93.83 level having so far been contained by the 238.2 Fibonacci extension level of the move up off of the 7/6 low.
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Thursday, July 20, 2017
The 3 Best Asset Classes To Brace Your Portfolio For The Next Financial Crisis / Stock-Markets / Financial Crisis 2017
By Jake Weber : No one knows when the next financial crisis will hit.
The 2008 financial crisis originated in sub-prime mortgages. Rampant speculation in dot-com stocks triggered a market panic in the early 2000s.
What will spark the next crisis?
Fed Chair Janet Yellen said last month that she didn’t expect a financial crisis in our lifetimes…. Of course, later she downplayed her comments, but it doesn’t change the message.
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Thursday, July 20, 2017
Stock Market Decline May Have Begun. Be Careful About Taking Short Positions / Stock-Markets / Stock Market 2017
While the decline doesn’t look like much yet, some of you brave souls who agree with my Cycles and Elliott Wave analysis may wish to begin adding partial short positions.
With that recommendation I warn that there are no confirmations from either the VIX or the Hi-Lo Index. It appears that both of those indicators will be laggards at this juncture. In addition, there may be some blow-back from the algos’ automatic buy programs in an attempt to keep the markets elevated. The first support is the Cycle Top at 2463.58. Positions may be added as we see supports being broken.
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Wednesday, July 19, 2017
Nasdaq: Not Parabolic Yet / Stock-Markets / Stock Market 2017
At the bubble top in 2000 the Nasdaq was 156% above its 200 week moving average. Currently the Nasdaq is 29% above its 200 week moving average. Clearly not parabolic yet.
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Wednesday, July 19, 2017
Stock Market Forecast: OPEX Week July 2017 / Stock-Markets / Stock Market 2017
I have SPX falling to 2444/45 Wednesday and GDX down to near 21.90/.93. By Friday SPX should be tagging 2479 and GDX to near 22.99/23.00. Past cycles and VOL cycle suggest an up open tomorrow that will be sold. By 11:00 EDT we should see a sell-off to 2444/45 SPX. Wisdom dictates late day buying (3:00) of XIV on the secondary low. I like VXX or UVXY on the open Wednesday. A 6% gain in UVXY is possible tomorrow into late in the day on the secondary low.Read full article... Read full article...
Wednesday, July 19, 2017
DOW Drops 200 Points in Lock Step with Wave Count! / Stock-Markets / Stock Market 2017
My Bias: LONG
Wave Structure: rally in wave [C]
Long term wave count: wave [C] is underway, upside to above 136.00
Important risk events: JPY: Monetary Policy Statement. USD: Housing Starts, Building Permits, Crude Oil Inventories.
Wednesday, July 19, 2017
We Will Face The Greatest Stock Market Turning Point In October- Beware! / Stock-Markets / Stock Market 2017
Normally the worst season for the stock market is between July and November, especially August through mid-October, with September the worst month for losses (on average, of course).
The first wave of the 1929 to 1932 crash ran from early September into mid-November, claiming a loss of 47% in just two and a half months.
Tuesday, July 18, 2017
Banks Are “Pulling the Plug” On Another Debt Bubble, CRASH is Coming / Stock-Markets / Financial Crisis 2017
The credit cycle is turning for the worse.
Delinquency rates are creeping up in the consumer loan and commercial/industrial loan space. This is a clear signal that both the consumer and the corporate sectors of the economy are beginning to run out of steam.
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Tuesday, July 18, 2017
Nasdaq: Third Times a Charm? / Stock-Markets / Stock Market 2017
This is the Nasdaq's third attempt to break out of the bull market channel. Once it holds we should shift into a higher gear as the bubble phase progresses.
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Tuesday, July 18, 2017
Calling for Stock Market Top Within The Next Three Weeks / Stock-Markets / Stock Market 2017
Last week, I noted to members: "As long as last week’s low is not broken, the market still has a set up in place to rally up towards the 2500SPX region."
And, as we saw, the market has rallied up towards our long-term target region. The high we struck on Friday is now only 24 points from the bottom of our long-term target box, which we set several years ago.
Since bottoming back in February of 2016, the S&P500 has rallied 38%. That is one of the best runs in the market’s history. But, were you prepared for it?
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Tuesday, July 18, 2017
Why & How to Hedge the Growing Risks of Holding Stocks / Stock-Markets / Stock Market 2017
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up we’ll hear from Axel Merk, President and Chief Investment Officer of Merk Investments and manager of the Merk Funds. Axel breaks down investor complacency, the risk of putting too much money into risk assets and gives advice on the proper weighting of precious metals in your own portfolio. Don’t miss a sensational interview with Axel Merk, coming up after this week’s market update.
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Monday, July 17, 2017
Too Much Capital / Stock-Markets / Economic Theory
Henri Schneider writes: Truisms and banalities: Investors must be able to assess the productivity of their capital. This is done by comparing returns to interest rates. But what, if all interest rates are rigged? What if they are artificially lower than they should be? Then, not only too much capital is invested, but it is invested in the wrong places. Even more pressing: what if there is simply too much capital in the financial system?
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Monday, July 17, 2017
Bank Of England Warns “Bigger Systemic Risk” Now Than 2008 / Stock-Markets / Financial Crisis 2017
– Bank of England warn that “bigger systemic risk” now than in 2008
– BOE, Prudential Regulation Authority (PRA) concerns re financial system
– Banks accused of “balance sheet trickery” -undermining spirit of post-08 rules
– EU & UK corporate bond markets may be bigger source of instability than ’08
– Credit card debt and car loan surge could cause another financial crisis
– PRA warn banks returning to similar practices to those that sparked 08 crisis
– ‘Conscious that corporate memories can be shed surprisingly fast’ warns PRA Chair
Monday, July 17, 2017
Will Stock Market New All-Time High Uptrend Accelerate? / Stock-Markets / Stock Market 2017
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year's all-time high:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): neutral
Monday, July 17, 2017
Stock Market More to Go / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: Uptrend continues with a serious loss of upside momentum in weekly indicators.
SPX Intermediate trend: An ending diagonal appears to be in its last stage of completion .
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, July 16, 2017
Stocks and Precious Metals Charts - The Calm Before the Storm / Stock-Markets / Financial Markets 2017
“In truth, however, nothing is inevitable and very little is new. And tech is no more the root of the problem than are trade or globalization. Many of our most vaunted innovations are simply methods -- electronic or otherwise -- of pulling off some age-old profit-maximizing maneuver by new and unregulated means.” Thomas Frank
“It is my purpose, as one who lived and acted in these days, first to show how easily the tragedy of the Second World War could have been prevented; how the malice of the wicked was reinforced by the weakness of the virtuous.” Winston S. Churchill, The Gathering Storm
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Saturday, July 15, 2017
Stock Market SPX Uptrending Again After Microscopic Correction / Stock-Markets / Stock Market 2017
The market started the week at SPX 2425. After a rally to SPX 2432 on Monday, the market pulled back to 2413 on Tuesday before reversing in the afternoon. Wednesday’s gap up opening rally continued into Friday, when the SPX hit a new all-time high at 2464. For the week the SPX/DOW gained 1.20%, and the NDX/NAZ gained 2.90%. Economic reports were mostly positive. On the downtick: the Q2 GDP estimate, retail sales, consumer sentiment, plus the budget deficit widened. On the uptick: consumer credit, business/wholesale inventories, the PPI, industrial production, capacity utilization, plus jobless claims declined. Next week’s reports will be highlighted by the NY/Philly FED and housing.
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Saturday, July 15, 2017
Is the Stock Market All Knowing? / Stock-Markets / Stock Market 2017
“The tape tells all” is a Wall Street bromide we’re all familiar with. It neatly summarizes the belief that the major averages discount everything pertaining to the business outlook. It’s also a basic tenet of Dow Theory.
Writing a century ago, Richard Wyckoff was one of the very first market pundits to put this belief in writing. “The tape tells the news minutes, hours and days before the news tickers or newspapers and before it can become current gossip,” he wrote. “Everything from a foreign war to the passing of a dividend; from a Supreme Court decision to the ravages of the boll-weevil is reflected primarily upon the tape.”
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