Category: Stock Index Trading
The analysis published under this category are as follows.
Tuesday, December 29, 2009
Stock Market Timers Expecting End Of Year Bounce / Stock-Markets / Stock Index Trading
By: Guy_Lerner
The Rydex market timers are betting heavily that an end of the year bounce will materialize as the bullish and leveraged assets now exceed the bearish and leveraged assets by more than 2 to 1. See figure 1, a daily chart of the S&P500 with the ratio of bullish and leveraged assets to bearish and leveraged in the lower panel.
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Tuesday, December 29, 2009
Stock Market Remains in Buy Mode Going into Year End / Stock-Markets / Stock Index Trading
By: Jay_DeVincentis
It’s a time for reflection...
First of all, I’d like to wish you all a happy holiday season. For those of you who have been with me for a decade now, we sure have shared some interesting times, both good and bad, as we try to analyze this living entity we call the market.
Tuesday, December 29, 2009
Stock Market Seasonality Versus Overbought..... / Stock-Markets / Stock Index Trading
By: Jack_Steiman
This is normally a very strong time of the year for the retail buying crowd. The market drifts higher even if the conditions aren't exactly perfect. This is what we currently have going on. The daily charts and the 60-minute charts are overbought. Intra day they were really at extremes of overbought, especially the 60-minute short-term time framers. RSI readings at 70 or higher with stochastics 90 or higher normally equates to a rather sizeable pullback.
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Monday, December 28, 2009
Stock Index Analysis for S&P and Nasdaq / Stock-Markets / Stock Index Trading
By: Piazzi
Hope you all had a Merry Christmas, and are en route to a wonderful New Year.
In a post of December 11, I said: In June, index looked heading for a good drop, or correction, but it turned around without giving much and rallied. In November, Index looked very weak internally and cyclically, it looked ready to break, but it recovered without giving much. It has been my proposition for months that the bears of the last drop (before March) have been little significance to the market action (other than providing timely squeezes for rallies), and I think they are totally out of the game at this point. Market needs new bears with capital and conviction.
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Thursday, December 24, 2009
Stock Markets on Hold for Christmas / Stock-Markets / Stock Index Trading
By: Jack_Steiman
We had a small gap up today that was sold thirty minutes in to the trading day when the new home sales report for November was announced. It was well below expectations. A real blow to the theory of a growing or an improving economy. In the real world, with unemployment at 17% and climbing, finding too many home buyers on a consistent basis still doesn't appear to be a realistic expectation. The news wasn't just a little below expectations either. It was one of those truly scary misses which makes you wonder about things.
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Wednesday, December 23, 2009
Stock Market Hanging Tough.... / Stock-Markets / Stock Index Trading
By: Jack_Steiman
Seasonality probably has something to do with it but no matter how you slice it the bottom line is the market is holding up well with little resistance from the bears. What is most interesting is how many key sectors are breaking out ahead of the S&P 500, due mostly to financials.
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Tuesday, December 22, 2009
Stock Market Starts Week with Solid Gains / Stock-Markets / Stock Index Trading
By: Harry_Boxer
The indices started the week with solid gains, the majority of which were gotten in the morning, when the indices gapped up and staged a 5-wave advance, taking the Nasdaq 100 to new 2009 highs, reaching 1835. However, at that point the S&P 500, reaching 1118, fell a couple points short of its high, failed to confirm, and they moved back down in a 3-wave decline to test lower levels of support, but held, and in the last hour bounced again.
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Tuesday, December 22, 2009
Nasdaq Takes The Plunge..Dow/S&P 500 Need To Follow.... / Stock-Markets / Stock Index Trading
By: Jack_Steiman
It's best when the Nasdaq leads as it shows there is a real desire for higher beta or to put it a different way, higher risk. Strong markets are always led by higher beta as lower risk and the like are left alone as it is believed the market will move higher. People basically thirsting for froth. They want those 50 and 60 P/E’s and don't care why they're buying it. They just want to own it.
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Monday, December 21, 2009
Silent Night, Silent Market / Stock-Markets / Stock Index Trading
By: Paul_J_Nolte
Two very quiet weeks now confront investors, as the Christmas and New Year’s holidays cut the trading for the week to but a whisper. Amid the quiet and solitude however are some rumblings from last year’s financial earthquake. Ratings on Greece debt were cut, Dubai has been backed by Abu Dhabi at least temporarily and concerns are growing about some Eastern European countries’ deficits. So far, the surfiet of cash from the US has allowed both the economy and financial markets to keep their collective heads above water – but for how long?
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Sunday, December 20, 2009
Stocks Bear Market Rally Last Thrust Higher? / Stock-Markets / Stock Index Trading
By: Andre_Gratian
Current Position of the Market
SPX: Long-term trend - Down! The very-long-term cycles have taken over and if they make their lows when expected, the bear market which started in October 2007 should continue until 2014. This would imply that lower prices lie ahead. As illustrated by the current market performance, this will not be a straight-down decline, but will consist of a series of intermediate-term rallies and declines until we have reached the low point.
Sunday, December 20, 2009
S&P and Dow: Weekly Stock Market Analysis (Dec 21-Dec 24) / Stock-Markets / Stock Index Trading
By: ForexPros
Overall, it was a fairly uneventful week in terms of price action in the stock markets. We had a lot of nice tradable moves during the week, but ultimately the market did not move into or out of any technical significant areas. Volume was light, except for Friday which was due to index rebalancing and contract expirations. In terms of the overall movement throughout the week, the S&P traded in a smaller range than average, only moving about 21 points all week; the weekly (14) average is just under 36 points and heading into this week was slightly higher.
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Saturday, December 19, 2009
Stock Market Consolidation Extends...Bears Still Showing Little... / Stock-Markets / Stock Index Trading
By: Jack_Steiman
There are many things we can talk about when referring to the case that can be made by the bears. We have many leading stocks breaking down below their 50-day exponential moving averages. Goldman Sachs (GS) lost that level nine full points ago but is now starting to show some positive divergence on the Daily. JP Morgan (JPM), another financial stock and unquestionable leader, retested that 50-day exponential moving average and fell right back down with full red candle sticks, leaving little doubt as to the bears intentions on that issue.
Saturday, December 19, 2009
S&P500 Stock Market Consolidation Continues / Stock-Markets / Stock Index Trading
By: Donald_W_Dony
Models continue to support the outlook of restrained upward movement into Q1. The broad-based S&P 500 is encountering downward pressure from two directions. After 10 months of steady advances, the index has entered a significant resistance band that dates back eight years. The zone of 1070 to 1200 stalled both the steep bear market plunge in late 2001 and the held in-check the new bull market in early 2005.
Friday, December 18, 2009
As the Dow Stocks Index Goes, So Goes the Country / Stock-Markets / Stock Index Trading
By: INO
The Dow has managed to claw back 50% of the losses that occurred in 2007 and 2008. The question now is, what's ahead?
Friday, December 18, 2009
Stock Market At Mid Range..Some Leaders Breaking Lower... / Stock-Markets / Stock Index Trading
By: Jack_Steiman
But nothing is broken as those that are breaking can come right back up. It isn't great to see Apple Inc. (AAPL) lose the 50-day exponential moving average for the second time in short order. It lost it and surged back through with an eight point up day but that has now been largely lost, and we are again below on this massively important leader. It's only by a little more than a dollar (50's at 193.80) and it wouldn't take much for AAPL to recapture this critical level but it's still not great to see it go away once again. In bull markets that may be topping out, you look for small subtle signs that say there may be trouble ahead. AAPL losing the 50's is certainly at least a red flag that has to be respected.
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Thursday, December 17, 2009
ProShares UltraShort SPY SDS Recovery Rally Needs to Hurdle Prior Rally Peak / Stock-Markets / Stock Index Trading
By: Mike_Paulenoff
Looking at the hourly chart on the ProShares UltraShort SPY (NYSE: SDS), the only thing we really know about the pattern is that the price structure has carved out what could be a double bottom low in December, which is juxtaposed against a series of declining rally peaks.
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Thursday, December 17, 2009
Stock Market Another Nothing Day.. / Stock-Markets / Stock Index Trading
By: Jack_Steiman
And that's with the Feds saying to leave interest rates alone for a long time to come. No fear of rising interest rates to come for our economy. The market shrugged off the good news in a way that said it knew this is what was coming all along. Good news can't break us out these days and we had lots of it today. Excellent news on the housing front and on the inflation front this morning, and then the news from the Feds, but the market can not break through this 1115/1119 wall of china. The market tried one more push when the Fed offered chocolate to the market but apparently the market is allergic these days.
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Wednesday, December 16, 2009
Sorry Folks... Stock Market Consolidation Continues..Bears Hold The Top.... / Stock-Markets / Stock Index Trading
By: Jack_Steiman
I don't know how to say it any differently any more. I mean, you have to laugh. We hit the top. We get overbought. We sell off. We get to the bottom. We get oversold. We rise back up. Bulls defend 1085 S&P 500. Bears defend the 1110-1119 area on the S&P 500. An old story where the bulls and bears defend critical levels of resistance and support. Stocks are no different. A stock like Wynn Resorts (WYNN) up big yesterday but down a bit more than that today.
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Wednesday, December 16, 2009
Stock Market Volatile Session Ends Lower / Stock-Markets / Stock Index Trading
By: Harry_Boxer
The market had a volatile session today. They were down early, then up sharply in a steep snapback rally after the first hour that took the indices right up to retest those key overhead resistance levels. They couldn't break through again, pulled back in an orderly fashion for most of the rest of the session until late in the day when they accelerated to the downside. Only in the last 15 minutes did they snapback to pare the losses.
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Monday, December 14, 2009
Stock Market Indices Close Near Session Highs, Start Week Up Again / Stock-Markets / Stock Index Trading
By: Harry_Boxer
The indices managed to start the week off with some more gains, but labored in the afternoon.
The day started out with a nice gap up. They immediately took out Friday's highs on the S&P 500, but failed to do so on the Nasdaq 100, and then pulled back and consolidated. They took off again and extended the highs for the entire trading range of the last 4 weeks on the SPX, reaching as high as 1114.76. The NDX had trouble getting through 1810-11 resistance and backed off in mid-afternoon, but came on again near the close to end not far off the highs for the day.
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