Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Sunday, November 06, 2016
Markets Not Much Action but Don’t Get Careless / Stock-Markets / Financial Markets 2016
The payrolls report came in pretty much as expected and thus seems to be a non-event for the most part.
The Dollar is slightly weaker, bonds are higher, oil is lower and gold is a tad higher. Mining shares are showing weakness today.
I honestly do not think we are going to get much in the way of any CONSISTENT direction in these major markets ( with the exception of crude oil) until after the election results become clear.
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Saturday, November 05, 2016
Stock Market Forecasts Donald Trump Election Win! / Stock-Markets / Stock Markets 2016
With 2016’s contentious US presidential election just days away now, traders are still trying to game the outcome of this tightening race. With a Hillary Clinton victory long priced in, the mounting odds Donald Trump will prevail have big implications for major markets. One critical place traders should look for clues to how Americans will vote is the stock markets. Recent stock performance really sways election results.
This assertion certainly sounds dubious. When Americans are asked what the most-important issues for determining their votes are, the stock markets wouldn’t even make the list. But interestingly a recent Pew Research poll found that the economy was the number-one issue in this election. 90% of Trump supporters, 80% of Clinton supporters, and 84% of all registered voters rated the economy at the very top.
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Friday, November 04, 2016
The Stock Market Grand Illusion / Stock-Markets / Stock Markets 2016
Many know that the economy is not good. Fact is, the economic issues actually began in 2000 and have only been made worse. The world economy is in a systemic crisis and I am going to show you the stock market bubble that has resulted from the attempts to resuscitate the underlying economy.
In spite of equities’ push to a new high in 2007 and again in 2015/16, I have maintained all along that the secular bull market peaked in 2000, along with the underlying economy. The first attempt at stimulating the economy and resurrecting the secular bull market came in the wake of the decline into the 2002 4-year cycle low. Those efforts resulted in what was at the time the longest cyclical extension since the inception of the averages in 1896, which in turn resulted in a banking crisis, a commodity bubble and a housing bubble. Then, when the extended cycle finally began to roll over the end result was the worst financial crisis since the great depression. Yet, the response to the worst financial crisis since the great depression was an even more extreme version of the same policies that created the problem in the first place.
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Friday, November 04, 2016
Stock Market and Election Implications / Stock-Markets / Stock Markets 2016
The SPX is attempting to rally this morning and we had those strange up blips up in the aftermarket yesterday on the SPY to 213.10, but earlier this week saw one that went to 215.53 and it did not work as it has in the past.
Ideally, we see a market top today 2 TD's. The last three 8 TD cycles ( 2) ran 6+6+10. We have another trine on Nov 5th, the last two (Oct 30 & Nov 1) knocked the market down after holding it up slightly on very strange internal e-wave patterns that normally suggest higher prices (the problem with interpreting bearish abc waves).
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Thursday, November 03, 2016
S&P 500 At 2,100 Support Level - Make Or Break? / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,150, and profit target at 2,020, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook is 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, November 03, 2016
Stock Market Reaches Deadly 7 Straight Days of Losses As Catholic Jubilee Year End Day Approaches / Stock-Markets / Stock Markets 2016
The S&P 500 has only fallen for 7 straight days three times in the last 20 years. And, each time it was during a financial crisis.
And, it just happened again today. The S&P 500 fell 0.65% on Wednesday, marking seven days in a row of losses.
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Wednesday, November 02, 2016
Stock Market Speculative Scenario on FOMC Day / Stock-Markets / Stock Markets 2016
This has been a highly unusual FOMC day. The swing has been a mild on in comparison to past announcements.
An interesting Wave structure may be emerging. Should SPX make another probe beneath its daily mid-Cycle support at 2096.53, it may complete yet another impulsive Wave. The target with the “best fit” to complete the impulse [Wave (v) equals Wave (i)], would be near 2075.00. That would give the decline from the top of Wave (B) over 100 points on its 42nd day (tomorrow) from the 2179.79 high on September 22.
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Wednesday, November 02, 2016
Stock Market Rally on FED Speak Today? / Stock-Markets / Stock Markets 2016
The chart below shows that we have the likely hood of staging a huge rally today in the stock market. In fact, the NASDAQ 100 could make a new high by Friday. The trines of October 30 and November 1 turned out to be exhaustion points in a down trend. The 5/10/20 and 40 week lows still loom ahead and are due sometime in mid to late month. Thanksgiving week could be pivotal.
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Tuesday, November 01, 2016
Stock Market Bottoms Up! / Stock-Markets / Stock Markets 2016
Last week’s commentary detailed the Hybrid Lindsay forecast for a low near Friday of last week. While the market did trend downward into Friday’s close near important support at 2,120, internal indicators show very few signs of an oversold market. In other words, it’s tough to make a case for a tradable low here without any confirming indicators.
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Tuesday, November 01, 2016
SPX May be Ready to Bounce / Stock-Markets / Stock Markets 2016
It appears that SPX has declined beneath all its recent lows. Despite the sloppy, overlapping decline, one probable pattern stands out. Minute Waves [i] and [ii] may not yet be complete. If so, we may see a decline to the vicinity of 2112.00 (Wave [i]) before a bounce into tomorrow’s Fed announcement (Wave [ii]).
Should that be the case, the bounce tomorrow may be a strong one.
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Tuesday, November 01, 2016
Stock Market Indices Close Lower After Drifting Most of the Day / Stock-Markets / Stock Markets 2016
The stock market indices started the week off on a sour note, although they did gap up at the opening, they pulled back, tested, made slightly higher highs on the S&P 500, but the Nasdaq 100 was not able to do so. The rest of the day was spent drifting back down, and in the last hour, they went negative and closed near the session lows going away.
Net on the day, the Dow was down 18.77 at 18,142.42, 12 points off the low and about 50 points off the high. The S&P 500 was down .26 at 2126.15, about 60 cents off its low, 7 off its high, and very, very narrowly changed. The Nasdaq 100 was down 4.32 at 4801.27, closed at the low for the day, and 22 points off its high.
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Tuesday, November 01, 2016
Stock Market Same Old Boredom....Elections Coming Up... / Stock-Markets / Stock Markets 2016
The market did today what it seems to do most every day. Gap and then go nowhere for the rest of the day. The market seems to waiting on the elections to come and go with the hope that Clinton will win only for the fact that it means The Dove, known as Yellen, will remain in place. It also wants deadlocks in the house and senate. However, before we get to the elections we get to look in on how the economy is doing on both manufacturing and services and then we'll gander a look at the Jobs Report on Friday. The fed is in between all this nonsense. Tomorrow it all starts with the ISM Manufacturing Report.
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Monday, October 31, 2016
Stock Market - Things are getting interesting... / Stock-Markets / Stock Markets 2016
SPX did rally this morning, but only to the 61.8% retracement of Friday’s decline. That peak at 2140.72 marked 4.3 days from the previous high at 2154.79. An uninterrupted decline from that point for 8.6 days would put the low on the afternoon of November 9. It would also be 86 days from the All-time high in SPX on August 15 and 12.9 days form the NDX All-time high.
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Monday, October 31, 2016
The Market Just Gave Us Three “Tells” But Few Are Paying Attention / Stock-Markets / Stock Markets 2016
Are you worried about a market drop?
I’m not, we’ve been preparing for what’s coming for weeks.
Why do I think the markets will be dropping?
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Monday, October 31, 2016
SPX May Rally, But Weakness Remains / Stock-Markets / Stock Markets 2016
The SPX Premarket is running higher this morning and the best Wave analysis I can give is that the Wave [ii] correction may not be over. This may comport with the FOMC meeting on Tuesday and Wednesday with a statement, but no press conference on Wednesday.
The trendline of the Broadening Top offered a support area for a bounce. The target for this retracement may be in the range of the 61.8% level at 2141.01 or as high as Intermediate-term resistance at 2147.58, which is also the 78.6% retracement level.
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Monday, October 31, 2016
More Short-Term Stock Market Uncertainty Following Economic Data, Earnings Releases / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,180, and profit target at 2,020, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook is neutral, following S&P 500 index breakout above last year's all-time high:
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Monday, October 31, 2016
The Fed’s LITERALLY Broadcasting That a MAJOR Monetary Event Is About to Happen / Stock-Markets / Financial Markets 2016
The biggest moves… the ones that make the MOST money in the markets are the ones no one is talking about for months.
With that in mind, you NEED to know that the Fed is going to let inflation run wild in the US.
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Monday, October 31, 2016
Stock Market Reluctant Selling / Stock-Markets / Stock Markets 2016
Current Position of the Market
SPX Long-term trend: The long-term trend is up but weakening. Potential final phase of bull market.
SPX Intermediate trend: The uptrend from 1810 continues, but it has entered a corrective phase which could extend into November.
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, October 30, 2016
Stock Market, Precious Metals: the Month Ahead / Stock-Markets / Stock Markets 2016
The astrological themes going forward surround around Neptune which rules lies, deceit, secrets, radicalism, illegal activities and fraud. Mars (war tensions: think Russian naval movements into the Mediterranean) is also implicated, especially early in the month of November surrounding the dates of November 1-4. Gold could see a big move up around Nov 3-4. GDX could rally to around 26.00.Read full article... Read full article...
Saturday, October 29, 2016
SPX Stock Market Downtrend Continues / Stock-Markets / Stock Markets 2016
The market started the week at SPX 2141. After a gap up opening on Monday, and a SPX 2155 high, the market pulled back into Wednesday hitting 2132. Another gap up opening on Thursday took the market to SPX 2147. But another pullback dropped to the SPX to 2119 on Friday. For the week the SPX/DOW mixed, and the NDX/NAZ lost 0.95%. Economic reports for the week were again mixed. On the downtick: consumer confidence/sentiment, new home sales, durable goods, and the WLEI declined. On the uptick: Case-Shiller, FHFA housing, pending home sales, Q3 GDP, plus weekly jobless claims declined. Next week will be highlighted by the FOMC meeting, the ISMs and monthly Payrolls. Best to your week!
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