Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Monday, August 08, 2016
New Stock Market Top Forming? / 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.
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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Monday, August 08, 2016
Now The Markets Themselves Are Too Big To Fail / Stock-Markets / Financial Markets 2016
The First Rebuttal website has coined a term that gets to the heart of an increasingly dysfunctional system: The too-big-to-fail stock market. The general thesis is that most major countries are over-leveraged to that point of maybe being unable to survive a garden variety equities bear market – and are doing whatever it takes to keep that from happening. Here’s First Rebuttal on the effects of such a prop-up-asset-prices-at-any-cost policy:
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Sunday, August 07, 2016
Stocks Bull Market Climbs Wall of Worry, Bubble? When Will it End? / Stock-Markets / Stocks Bull Market
The Dow once more appears imminently ready to set a new all time high after closing Friday at 18,543, barely 50 points away from the last closing all time high of 18,595. Well given the perma-doom of not just the past year but for the duration of this bull market then it should be clear that most stock market analysts, perhaps as many as 95% just don't get it, and likely never will. Which is indicative of a systemic defective thought process which again should not be so surprising since its a case of new analysts learning from old failed analysts forced to make a living by writing and selling books on trading markets.
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Sunday, August 07, 2016
Stocks will have a Waterfall Decline and Silver Price will Skyrocket in August! / Stock-Markets / Stock Markets 2016
In their latest announcement, the FED attempted to prop up the stock market. They attempted to sound hawkish, however, the market paid not any heed to it. The FED annulment was reflected in a manner that lead the way to the dollar tanking and precious metals rising. Silver has industrial uses as well as monetary ones, which will come to the forefront as the gold bull market progresses.
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Sunday, August 07, 2016
SPX Interesting Stock Market Juncture / Stock-Markets / Stock Markets 2016
The week started at SPX 2174. After making an all time high on Monday at SPX 2178 the market pulled back to 2148 on Tuesday. After that the market worked its way higher to make another new all time high on Friday. For the week the SPX/DOW gained 0.50%, and the NDX/NAZ gained 1.2%. Economic reports for the week were mixed. On the downtick: ISM manufacturing/services, construction spending, factory orders, consumer debt, plus weekly jobless claims and the trade deficit rose. On the uptick: personal income/spending, PCE prices, the ADP, monthly Payrolls, and Q3 GDP estimates. Next week’s reports will be highlighted by Retail sales, Business inventories and Export/Import prices. Best to your weekend and week!
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Saturday, August 06, 2016
Donald Trump Warns of ‘Very Scary Scenarios’ for Stocks Ahead / Stock-Markets / Stock Markets 2016
I’m not sure Trump is aware of this Jubilee year, but he certainly understands that the stock market is at a highly dangerous level.
“Interest rates are artificially low,” Trump told Fox in an interview, HERE. “The only reason the stock market is where it is is because you get free money.”
That is absolutely true and unheard of to be acknowledged by a front-running Presidential candidate.
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Saturday, August 06, 2016
Jobs Report, Stock Market Impetus To The Breakout....... / Stock-Markets / Stock Markets 2016
In the very recent past we experienced a poor Durable Goods Report along with a poor ISM Manufacturing Report. This put a lot of doubt in today's Jobs Report and probably explains to some degree why the market was meandering the past few days. The meandering did some good in that it allowed the oscillators to unwind quite decently on the daily index charts.
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Friday, August 05, 2016
Why Most Unloved Stock Market Bull Will Continue to trend higher whether you like it or not / Stock-Markets / Stock Markets 2016
Do not anticipate trouble, or worry about what may never happen. Keep in the sunlight.- Benjamin FranklinThe masses do not believe this market can trend higher; sentiment is decidedly negative, and this has been confirmed time and time again. For months on end investors in the neutral or bearish camp have ranked higher than those in the bullish camp. What is surprising is that the higher this market trends, the more anxious the masses become. In a nutshell, that is precisely why this market will continue to run higher and higher.
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Friday, August 05, 2016
A Global Derivatives Expert Shines the Light on Systematic Risk / Stock-Markets / Financial Crisis 2016
Dear Parade-Goer,
As promised in last week’s edition of The Passing Parade, below you’ll find my notes from a wide-ranging and very interesting conversation I had with a friend of mine who recently retired from a position as a very senior risk manager for one of the world’s largest banks.
Unlike most people in his elevated position, my friend—we’ll call him John—is about as down to earth as can be. He lives simply, drives an old truck, and exudes none of the arrogance found in many of his peers.
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Friday, August 05, 2016
Stock Market Narrowly Mixed Session / Stock-Markets / Stock Markets 2016
The stock market indices had an interesting day on Thursday. The day started out with a firm opening, they had a hard hit that held support, and then rallied into midday. At that point, they meandered back and forth, and actually drifted lower on the S&P 500, tried to rally late in the day, got back up to the highs on the Nasdaq 100, but the S&P 500 fell short and they pulled back. They finished nearly flat, closing mixed on the day.
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Friday, August 05, 2016
Nasdaq and Biotech / Stock-Markets / Tech Stocks
There should be enough time in this daily cycle for the Nasdaq to complete a full test of the all-time highs at 5231 before the next drop down into a daily cycle low. Again, let me stress not to read anything into the impending correction. It’s just going to be a run of the mill correction. They tend to happen like clockwork about every 35-45 days.
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Thursday, August 04, 2016
Financial Markets: Understand the Present to Forecast the Future (Part 1) / Stock-Markets / Financial Markets 2016
Knowing where you are within a trend helps you see around the next corner
[Editor's note: A text version of the interview is below.]
Steve Hochberg, our Chief Market Analyst, sits down with ElliottWaveTV to talk about his background, how he discovered the Wave Principle, and why "it's applicable to all markets."
This is part 1 of our in-depth interview. Come back on August 5 to watch part 2, where Steve explains what else makes Elliott wave analysis so useful and practical.
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Thursday, August 04, 2016
Stock Market, Gold Update / Stock-Markets / Financial Markets 2016
It looks as though the stock market is waiting for the malefic Saturn Stationary/Direct in Sagittarius around August 13th before any serious damage might occur. The 7- week cycle low is due August 16 and may coincide with the August 19th projected GDX low where there is a bisecting of the January 20 to August 2 .618 retrace and Mar '09 to January '16 rising bottoms line near 1952/53. GDX: July 6-25 (wave X) added to the August 2 top (Wave Y) = August 19 (which is also a TLC low, wave Z).
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Thursday, August 04, 2016
SPX Challenges the Trendline / Stock-Markets / Stock Markets 2016
Good Morning!
SPX spent the overnight session challenging the upper trendline of its Orthodox Broadening Top at 2165.00. It currently appears to have fallen back beneath it.
ZeroHedge wrote at 6:55 am., “In a mostly quiet session, European and Asian stocks rose, pushed higher by financial stocks and the USDJPY which initially dipped on some hawkish comments by BOJ deputy governor Iwata, only to rebound later in the session, lifting the Nikkei 1.1%, while the Stoxx 600 rose 0.4% led higher by the banking sector. S&P futures are unchanged after yesterday's last hour ramp. The key event is the BOE decision due in half an hour, which saw the pound dip initially only for cable to regain all losses in recent trading, despite a 100% price in expectation that Mark Carny will deliver the first interest rate cut in seven years.”
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Thursday, August 04, 2016
Stock Market Short-Term Uncertainty As Investors Await Economic Data Releases / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook is now 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, August 04, 2016
Bank of England Rates Decision Thursday Morning... Stock Market Remains Lateral... / Stock-Markets / Stock Markets 2016
There is a potential market mover pre-market tomorrow morning when Europe's Bank of England decides whether they will once again cut rates. Yes, I said cut, not raise. The endless world of low rates, and sometimes even negative rates continues. The expectation is for an actual .25 rate cut. Hard to believe, but that's the world we are living in now. How low can rates go? It seems there is no end to it all. We don't have to understand or agree with it, but that's the real world. It's true insanity. I'm not sure how they can get away with this garbage, but I think their market would collapse if they didn't do another rate cut in the world of endlessly low rates. I can't wrap my mind logically around it, but they seem to have no problem doing so. It shows the truth of how bad things are economically.
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Wednesday, August 03, 2016
Stock Market Retracement Appears Complete. We're Still on a Sell Signal / Stock-Markets / Stock Markets 2016
SPX appears to have completed its retracement a little shy of Short-term resistance at 2162.30. The retracement was 45%, less than the 50% that I had suggested. The time elapsed for the round trip from top-to-top was 17 hours. This may set the tone for the next decline, as well. Investors should be at least 50% short at this time.
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Wednesday, August 03, 2016
Stock Market At Danger Zone / Stock-Markets / Stock Markets 2016
The stock market indices started the day off with a nasty drop, and kept dropping all day until midday when they reached my target zone at 4690 Nasdaq 100 and 2148 S&P 500, and then they rallied nicely, the Nasdaq 100 jumping about 35 points and the S&P 500 about 11-12 points. Near the end of the day, they backed off just a little, but ended up near the afternoon rally highs. Still, they closed down sharply on the day.
Net on the day, the Dow was down 90.74 at 18,313.77, about 65 points off the low. The S&P 500 was down 13.81 at 2157.03, 10 points off its low. The Nasdaq 100 was down 36.83 at 4719.21, 30 points off its low.
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Wednesday, August 03, 2016
Stock Market August Heat / Stock-Markets / Stock Markets 2016
August is known for its heat and, for market participants, this August is expected to be extra-hot. Last Thursday marked the 11th straight day that SPX closed inside a 1% trading range, the first time this has ever happened. Regression to the mean tells us that a big surge in volatility is coming. Seasonality tells us that the month should end higher than it begins (which matches our Lindsay view of a Three Peaks and Domed House pattern).
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Tuesday, August 02, 2016
Stock Market Breakdown Analysis / Stock-Markets / Stock Markets 2016
A “measured” fractal may form a low at 2140.00-2145.00, then develop a bounce. However, the mid-Cycle support at 2122.54 and the 50-day Moving Average at 2112.88 may attract a lower decline toward that range.
Either way, SPX is setting up for its first bounce back to retest either sort-term resistance at 2162.08 or the trendline at 2165.00.
Many pros go short at that first pullback.
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