Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Monday, March 27, 2017
Stock Market Catalyst for Chaos / Stock-Markets / Stock Market 2017
Up until very recently, stocks had been humming along without so much as a minor speedbump and volatility was becoming a distant memory. However, it now seems prudent to once again remind investors that this extremely overvalued market is headed for an epic crash. The Cassandras, myself included, have been wrong about this warning for what seems like a long time. Nevertheless, much like those who warned of a housing bubble a few years before the bottom completely fell out, reality is destined to slam into the current triumvirate of asset bubbles, and those sounding the alarm will be proven correct again.
Read full article... Read full article...
Monday, March 27, 2017
US Stock Market Consolidation Time / Stock-Markets / Stock Market 2017
In the Wednesday Report the title read, What Type of Investor are You? My main focus was to show some intermediate to long term buy and sell signals based on the 21 month simple moving average and the MACD-Histogram. Tonight I would to take it one step further and look at the Chartology for some of the big stock market indexes which shows the intermediate to longer term perspective. There is one dominate chart pattern that has built out a consolidation pattern for the 2015 to 2016 correction.
Lets start by looking at a 4 year weekly chart for the $SPX which shows the dominate H&S consolidation pattern that was needed to consolidate the last rally phase. It could have been any number of different consolidation patterns, but this time it was the H&S consolidation pattern. Back in December of last year the SPX broke out above its neckline and has rallied strongly without much of a correction. Four weeks ago the SPX hit a high of 2401 and has been going nowhere which is suggesting the first real correction may be at hand since the rally out of the November elections low.
Read full article... Read full article...
Monday, March 27, 2017
Short Term Stock Market Bottom Close / Stock-Markets / Stock Market 2017
Last week, I was looking for weakness not to exceed 4%. The drop was closer to 1.7%. A positive divergence is occurring on the 1 and 2 hour charts, which should lead to a bounce soon. There is fib support around 2329/30. Already, Sunday night, SPX futures are down 14 points. An attempt to rally into month's end looks likely, perhaps to near 2365 SPX and the dropping 20 day moving average.
Read full article... Read full article...
Monday, March 27, 2017
Stock Market More Correction Ahead / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: Uptrend continues.
SPX Intermediate trend: The correction from 2400 continues,
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.
Read full article... Read full article...
Saturday, March 25, 2017
Stocks Have Partied Hard Since Election Night… Now Comes the Hangover / Stock-Markets / Stock Market 2017
The market is now on very thin ice.
Yesterday worked off some of the “oversold” status for stocks, but we are in extremely dangerous territory today.
The S&P 500 has taken out critical support (red line) as well as the bull market trending running back to early November (blue line).
Read full article... Read full article...
Saturday, March 25, 2017
Political Week Presurres US Stock Market / Stock-Markets / Stock Market 2017
The market started the week at SPX 2378. After a pullback to SPX 2370 on Monday, the market gapped up to 2382 on Tuesday. But that was immediately sold off and the market hit SPX 2336 by Wednesday. Thursday the market rebounded to SPX 2359, then on Friday the market retested 2336 and ended the week at 2344. For the week the SPX/DOW lost 1.45%, and the NDX/NAZ lost 1.00%. Economic reports were mixed on the week. On the downtick: existing homes sales, the WLEI, plus weekly jobless claims rose. On the uptick: new home sales, durable goods orders, and the Q1 GDP estimate. Next week’s highlights: Q4 GDP, the Chicago PMI, the PCE and a speech from FED Chair Yellen. Best to your weekend and week!
Read full article... Read full article...
Friday, March 24, 2017
Stocks Bull Market Time to Get on Board / Stock-Markets / Stock Market 2017
As I noted in my last COTD, there are signs popping up that stocks are about to, or have completed a very mild intermediate cycle low. The vast majority of traders decide to buy (or join the SMT) after most of the move has already happened. Last summer my biggest influx of new subs occurred right at the summer high in metals. No one wanted to join the SMT in January when I was calling the bottom. They waited till the move had rallied 180% before joining. Go figure.
Read full article... Read full article...
Friday, March 24, 2017
Financial Markets Russian Roulette, Central Banks, and Gold / Stock-Markets / Financial Markets 2017
Grab your ultra-reliable 357 magnum revolver and load the cylinder with six, not one, rounds of ammunition. Point the gun at your head if you are a member of the struggling middle-class. Imagine pulling the trigger and hoping …
Do you feel lucky?
The Six Loads of Ammunition for your 357 revolver are:
Read full article... Read full article...
Friday, March 24, 2017
Is Stock Market Flash Crash Postponed Until Monday? / Stock-Markets / Stock Market 2017
Good Morning!
USD spiked higher overnight, but lost all of its gains after 3:00 am in the Premarket. It hasn’t made a new low yet but, by all appearances, may do so very soon. We will be watching the 98.70 to 99.00 support to see if it is broken.
Read full article... Read full article...
Friday, March 24, 2017
Stock Market Bubble and Gold / Stock-Markets / Stock Market 2017
In January, the Dow Jones Industrial Average broke above the symbolic 20,000 for the first time ever. This development raised again concerns about the condition of the U.S. stock market - further gains could be a headwind for the gold market, but the end of the bull market would support the yellow metal. The valuations were at record highs even before the presidential elections, but Trump's rally elevated them further, as the chart below shows.
Read full article... Read full article...
Friday, March 24, 2017
The Best Stock Market Investment Strategy Today: Be Optimistic and Short / Stock-Markets / Stock Market 2017
BY JARED DILLIAN : For the last eight years of my life, we’ve been dealing with higher taxes and lots more regulation.
Like I’ve written about before, we’ve been dealing with these things for so long that we’ve forgotten what it was like not having to deal with them.
And if we had elected Hillary Clinton, we would have gotten even more of the same. A few months into the Trump regime, and we have started to figure out that things are going to be very different.
Read full article... Read full article...
Friday, March 24, 2017
Stock Market Mixed to Nominally Lower Day with Good Technicals / Stock-Markets / Stock Market 2017
The stock market indices had a mixed to nominally lower day with pretty good technicals for a positive down day, which is bullish, but the overall look of the trend wasn’t good. The snapback began yesterday, extended this morning, and came down in a 3-wave corrective pullback. It remains to be seen whether the lows hold, and whether or not this extends to the downside, or if this is just a consolidation before we resume back up. Right now, I favor the downside, so we’ll see if that occurs.
Read full article... Read full article...
Thursday, March 23, 2017
Stock Market VIX Cycles Set To Explode March/April 2017 – Part II / Stock-Markets / Stock Market 2017
Back in early February 2017, we posted an article to all our members about how our analysis showed a very strong potential for larger price swings with the potential for a massive explosion in the VIX indicator based on a price cycle pattern we had been studying. Many of you may remember this article, if not Click Here to review the original.
Read full article... Read full article...
Thursday, March 23, 2017
The Stock Market Is a Present-Day Version of Pavlov’s Dog / Stock-Markets / Stock Market 2017
David Rosenberg is one of the most respected voices in the investing world. His Breakfast with Dave goes out to thousands of appreciative subscribers nearly every business morning.
Rosie is the “Data Meister.” To everyone’s surprise, Rosie turned bullish in a big way six years ago. Now he’s cautious—in a big way—as you’re about to see.
Read full article... Read full article...
Thursday, March 23, 2017
Stock Market Upward Reversal Or Just Quick Rebound Before Another Leg Down?? / Stock-Markets / Stock Market 2017
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index).
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
Thursday, March 23, 2017
Volatile Stock Market Session Ends Mixed / Stock-Markets / Stock Market 2017
The stock market indices volatile session today. They opened to the upside, pulled back, tested the lows successfully on the Nasdaq 100, while the S&P 500 made lower lows, and then they had a nice morning, sharp rally, got up to resistance, backed off and formed wedges. Late in the day they broke those wedges, but weren’t able to follow-through much, and backed off into the close, finishing mixed on the day.
Read full article... Read full article...
Wednesday, March 22, 2017
Trump Stock Market Rally Over? 20% Bear Drop By Mid Summer? / Stock-Markets / Stock Market 2017
The stock market has been on a tear since Donald Trump surprised nearly everyone by winning the November 2016 US Presidential election, including the markets. Since which time the Dow has gone from a November low of 17,883 to an early March high of 21,200. That's a near 19% bull run in just 4 months! During which time America's Alt-Reality thin skinned President has often stepped forward to claim success for the stocks bull market rally under his Presidency.
Read full article... Read full article...
Wednesday, March 22, 2017
Trump Added $3 Trillion in Wealth to Stock Market Participants / Stock-Markets / Stock Market 2017
The “talking heads” in the media are saying that the markets are “not supposed to be this high”. Analyst are just now raising their targets for the SPX for the rest of 2017. My long-term target, as of now, is 2550 and possibly even higher. It is now heading into a corrective wave pattern before beginning its’ next new impulsive wave UP.
Read full article... Read full article...
Wednesday, March 22, 2017
What's Next for the US Dollar, Gold and Stocks? / Stock-Markets / Financial Markets 2017
Two rate hikes since last year have weakened the dollar. Why is that, and what's ahead for dollar, currencies & gold? And while we are at it, we'll chime in on what may be in store for the stock market...
Read full article... Read full article...
Wednesday, March 22, 2017
G20 Dilemma: Falling Trade, Soaring Stock Market, Looming Contraction / Stock-Markets / Global Stock Markets
There is a deep chasm between America’s historical rebuff of G20 efforts, which seek to re-ignite trade, and markets, which remain at record heights. This rift is untenable.Historically, Baden-Baden’s spas are famous for their healing waters, which have healed ancient Romans’ arthritic aches, Prussian queens’ rheumatism and European aristocrats’ paralyses. Nevertheless, the G20 Summit is fresh evidence that even Baden-Baden cannot do miracles.
Read full article... Read full article...