Category: Stock Index Trading
The analysis published under this category are as follows.
Tuesday, February 23, 2010
Stock Market Last-Hour Rollover Dampens Rally / Stock-Markets / Stock Index Trading
By: Harry_Boxer
The stock market indices started off on a slightly weak note, but most of the stocks we follow and traded today had very good sessions.
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Tuesday, February 23, 2010
Stock Market Consolidating... / Stock-Markets / Stock Index Trading
By: Jack_Steiman
It's important for markets to consolidate a strong move whether that move was higher or lower. When you get a quick move up such as we had, you get some very overbought short-term 60-minute oscillators. These short-term charts tend to being to unwind their oscillators fairly quickly once they get oversold or overbought. This last move up caused some very elevated MACD's, stochastics and RSI's. The inevitable move lower had to come and today we saw a drop of that take place late in the day. Nothing much to talk about although it should sell a bit more. Unwinding can take place with more of a lateral move.
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Monday, February 22, 2010
Stock Market Heading for a Period of Consolidation / Stock-Markets / Stock Index Trading
By: Angelo_Campione
General Commentary: The system for the SPY is on a Buy signal 25%
The market has enjoyed a great rally over the last couple weeks, retracing to the 61.8% Fibonacci level (that's over 6% in 2 weeks). There's a very good chance we'll see a pullback from here so that the market can digest these gains.
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Sunday, February 21, 2010
Stock Market Remains in a Correction / Stock-Markets / Stock Index Trading
By: Peter_Navarro
The market action in the United States from last week provided some small encouragement that the stock market may be finding a new floor. That said, there remains significant cross currents buffeting this market which suggests continued caution.
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Sunday, February 21, 2010
Stock Market Chops Shaky Participants into Pieces / Stock-Markets / Stock Index Trading
By: Piazzi
On Thursday market drifts sideways most of the day. It then finds flashes of bids for a ramp up
Sunday, February 21, 2010
Stock Market Handles Discount Rate Hike by Fed... / Stock-Markets / Stock Index Trading
By: Jack_Steiman
On Thursday evening, just after the market closed, the market took a shot to the jaw out of left field; although you can't argue it was hinted at, when fed Bernanke raised the discount rate to banks to 0.75% from 0.50%. The market, one would think, does not want to see lending made more difficult by making lending from bank to bank more difficult. Yes, it was only 0.25% worth of BP, but a start higher nonetheless at a time when the economy is trying so hard to heal some very deep wounds. Anything that hurts money flow must be considered a negative and once the new hit it hit fairly hard. The Dow futures almost immediately sank nearly 100 points. Not pretty with stocks taking a real shot after hours led my commodity and financial stocks.
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Saturday, February 20, 2010
Another Day in Stocks Bull-Land / Stock-Markets / Stock Index Trading
By: J_Derek_Blain
Bear Market Charts.
STD:
Friday, February 19, 2010
Stock Market Rally, S&P 500 Joins The Nasdaq For Now... / Stock-Markets / Stock Index Trading
By: Jack_Steiman
Today was a very interesting day from this perspective. Normally, when a market gets overbought on the short-term time frame charts, it sells off some almost immediately. If we were in a bear market or a strong down trending market, it probably wouldn't last but a moment. The selling would kick in basically immediately. We spent an entire day today at overbought. Unusual but bullish. At some point we'll need to sell that off some to unwind things but it was great action to see overbought stay overbought.
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Friday, February 12, 2010
Stock Market Investors, Here's Why You Need to Pay Careful Attention / Stock-Markets / Stock Index Trading
By: Marty_Chenard
This past Tuesday, our update was entitled "Is there such a thing as a "lead dog" index?"
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Friday, February 12, 2010
Stock Market We Remain in Buy Mode / Stock-Markets / Stock Index Trading
By: Angelo_Campione
We Remain in Buy Mode
While others ponder over whether this rally is for real, we’re already long...
Friday, February 12, 2010
Stock Market Setting Up...But Gaps, 20's/50's Dead Ahead... / Stock-Markets / Stock Index Trading
By: Jack_Steiman
When markets sell off roughly 10% off the top, it's extremely important to see how oscillators set up once the selling calms down. To look at how the daily charts will set up once some buying comes in. Watching the stochastics and MACD in particular to see if they can cross fast line over slow line which is bullish. Off deeply compressed levels we are seeing some nice crosses happen. This in it of itself does not guarantee that things will turn up and shoot higher from here but it does show good action and tells us the worst of this correction is likely over. There are headaches dead ahead that normally would give the market problems so there is no go out and buy 100% of your portfolio dollars signal here.
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Thursday, February 11, 2010
Rydex Stock Market Timers Still Bearish / Stock-Markets / Stock Index Trading
By: Guy_Lerner
Figure 1 is a daily chart of the S&P500. The indicator in the lower panel measures the ratio of the amount of assets in the Rydex bullish and leveraged funds relative to those funds that are bearish and leveraged.
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Thursday, February 11, 2010
Stock Market Indices Edge to the Downside in Volatile, Consolidation Session / Stock-Markets / Stock Index Trading
By: Harry_Boxer
The stock market indices had a down day but they did have some volatility. They were sharply lower in the morning, snapped back sharply midday to retest the highs, but once again yesterday's highs at 1760 on the Nasdaq 100 and 1075 on the S&P 500 proved formidable. In the afternoon the indices backed off in a mini 5-way decline to close down on a session.
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Thursday, February 11, 2010
Stock Market Sentiment Showing Fear... / Stock-Markets / Stock Index Trading
By: Jack_Steiman
A while back, when I spoke about the need for the market to move lower based on sentiment extremes, I warned that fear would kick in hard and fast and that it wouldn't take long before the bears start to ramp up thus bringing the sentiment issue to a close. In fact, it would likely lead to having too many bears.
Wednesday, February 10, 2010
SPY in Recovery / Stock-Markets / Stock Index Trading
By: Mike_Paulenoff
This morning’s first-hour breakdown in the S&P 500 Depository Receipts (AMEX: SPY) from 107 to 106.11 was mostly recovered in the second hour. Let’s see if the recovery can continue to claw its way above 107.50, which will confirm that a new, secondary upleg is in progress that will have the potential to climb to 109.00/50.
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Wednesday, February 10, 2010
Stock Market Indices Rally on Greece Debt Rescue Hopes / Stock-Markets / Stock Index Trading
By: Harry_Boxer
The stock market indices had a volatile day in a very news-influenced session, particularly on debt news surrounding Greece. The indices gapped up, rallied and then rolled over hard, but held the 3-day rising trendlines, rallied sharply when the story hit that Germany was possibly going to help guarantee Greece's financial debt problems,Read full article... Read full article...
Wednesday, February 10, 2010
Stock Market Volatile Tape...Choppy Action... / Stock-Markets / Stock Index Trading
By: Jack_Steiman
It's starting to get violent as both sides are fighting for control of this market. It's about the bulls holding on to the 200-day exponential moving averages while the bears are intent on holding any rally before the bulls can take back those 20- and 50-day exponential moving averages. There is a real fight going on here and for good reason. If the bears can take out the 200-day exponential moving averages on all the major index charts, they can declare victory as they will have removed all critical support with the 20's/50's and 200's all gone.
Tuesday, February 09, 2010
Stock Market Former Support is Now Resistance / Stock-Markets / Stock Index Trading
By: Graham_Summers
Yesterday I explained why the market began to rally sharply Friday afternoon. Today we’re looking at where the market is from a technical perspective. Be forewarned, if you’re a bull, what follows isn’t pretty.
For starters, the first thing we need to keep prominent in our thinking is that the market rally from March 2009-January 2010 was largely a technically driven rally fueled by easy money from the world’s Central Banks: Governments around the engaged in an unprecedented amount of stimulus/ bailouts and much of this money found its way into the financial markets.
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Monday, February 08, 2010
Stock Market Bounce No Follow Through... / Stock-Markets / Stock Index Trading
By: Jack_Steiman
And that's what everyone was expecting after that wonderful hammer on all the critical index charts in the last hour on Friday. The S&P 500 touched the 200-day exponential moving average at 1046 (1044 print) and then burst higher. It was the first test in an extremely long time and after losing the 20- and 50-day exponential moving averages, one would think that whichever index got down to the 200-day exponential moving average first would give the market a quick blast higher and that's what happened.
Monday, February 08, 2010
Stock Market Wild Friday / Stock-Markets / Stock Index Trading
By: Jay_DeVincentis
Wild Friday
Here’s how we see it.