Category: Stock Market 2017
The analysis published under this category are as follows.Monday, August 28, 2017
Stock Market Counter-trend Rally / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: The uptrend should continue after pausing for a correction.
SPX Intermediate trend: “An ending pattern appears to be in its last stages of completion. This should be followed by an intermediate term correction into October.” The correction has started.
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, August 27, 2017
The Fed Just Admitted It No Longer Has a Clue What’s Going On / Stock-Markets / Stock Market 2017
The Fed July FOMC minutes, that were released last week, were nothing short of extraordinary. However, to fully appreciate just what the Fed admitted, we first need a little background.
From November 2016 until June 2017, the Fed was pushing a hawkish agenda. The running mantra at this time was that the Fed would raise rates 3-4 times in 2017. As the year progressed, the Fed also began talking about shrinking its balance sheet.
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Sunday, August 27, 2017
Buckle Up, Here Comes the REAL Stock Market Price Action We’ve Been Waiting For / Stock-Markets / Stock Market 2017
As we noted yesterday, every stock market correction follows a particular pattern. That pattern is:
1) The initial decline
2) The bounce
3) The REAL decline
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Sunday, August 27, 2017
Where to Find Value in an Overheated Stock Market / Stock-Markets / Stock Market 2017
“Private equity” can conjure entertaining mental images. I’ve often asked friends to describe what comes to mind for them when I mention the phrase.Here’s a sampling of what they’ve said: An older man in a fancy suit enjoying a single-malt scotch in a private New England club… who takes perverse pleasure in looting a company of its assets before firing all the employees and selling whatever’s left for spare parts. (It’s the old “buy, strip, and flip” routine.)
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Friday, August 25, 2017
What Financial Conditions Tell Us (Two Charts and a Prediction) / Stock-Markets / Stock Market 2017
It seems every bank, including central banks, publishes a financial conditions index these days. And because financial conditions typically lead the economy, it makes sense to track them. In fact, they might contain even more information than they get credit for. They might offer the elusive “crystal ball” that foretells our economic fortunes.
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Friday, August 25, 2017
4 Charts Show Why You Should Run Away From The Stock Market S&P 500 / Stock-Markets / Stock Market 2017
BY JOHN MAULDIN : My friend James Montier, now at GMO, and his associate Matt Kadnar have written a compelling piece on why passive investors should avoid the S&P 500.
Their essay argues that the forward growth potential of the S&P 500 is significantly lower than that of other opportunities, especially emerging markets.
Let’s look at a few of their charts.
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Thursday, August 24, 2017
The Dow Is Down But Not Yet Out / Stock-Markets / Stock Market 2017
Mike Golembesky writes: The Dow Jones Industrial Average has moved down close to 600 points off of the high that was struck on August 8th into August 21st lows. Now in percentage terms, this 600 point move is quite a small only representing a move of just 2.6%. In fact, at today’s close, the Dow was only down some 1.2% off of the August 8th high. Furthermore, the move down into the August 21st lows has still not even breached the top of the upper support zone.
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Wednesday, August 23, 2017
Do Not Feed The Stock Market Bears - Until 2018 / Stock-Markets / Stock Market 2017
Back on July 15th, the title to my weekend update to members of my market analysis service was “Market Will Likely Top Within The Next Three Weeks.” My initial target region for this top was between 2487-2500SPX. One of the factors I considered in my timing for this potential top was Luke Miller’s Bayesian Timing model, which was looking for a top to our wave (3) on August 9th. And, as we know, the market topped on August 8th at 2491SPX, and we seem to have begun the multi-month pullback/consolidation we have been expecting.
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Wednesday, August 23, 2017
Stock Market SPX at its 61.8% Fib Retracement / Stock-Markets / Stock Market 2017
SPX exceeded its 50-day Moving Average, but is very close to its 61.8% Fibonacci retracement at 2453.08. This is yet another “sell the rally” opportunity.
Tomorrow appears to be our expected turn date, according to the Cycles Model.
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Tuesday, August 22, 2017
3 Lesser-Known Charts Revealing a Massive Stock Market Disconnect / Stock-Markets / Stock Market 2017
What’s a fair price for a share of stock?
In theory, it’s easy to define. The fairest price lies at the intersection of the company’s supply and demand curves. The market price at any given moment reveals exactly where that point is.
The averaged prices of all stocks in an index, appropriately weighted, tell us the same for market benchmarks.
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Tuesday, August 22, 2017
Stock Market Cycle Act II / Stock-Markets / Stock Market 2017
Cycles warn that the sell-off in equites during the last two weeks should find a bottom this week – temporarily. The Bradley model does not hold much hope for those who hope to trade the bounce as it points an upwards-to-sideways move until mid-September when it drops precipitously into mid-October.
The Decennial pattern warns of a nasty sell-off in equities during years ending in the number 7 (i.e. 2017). Since 1907 each of these years (with the exception of 1947 which suffered a mere 6.2% drop) has seen a double-digit decline beginning somewhere between June and October.
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Monday, August 21, 2017
The Stock Market No Longer Cares About Trump / Stock-Markets / Stock Market 2017
BY JARED DILLIAN : I typically stay away from politics. Besides, you probably get enough of it on Facebook!
But I don’t stare at politics every day. I stare at markets every day, and I am pretty comfortable saying that my knowledge of markets is smarter and more incisive than most people’s.
And you know what I have noticed about markets lately?
They don’t care about Trump.
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Monday, August 21, 2017
Stock Market Correction in Full Swing / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: The uptrend should continue after pausing for a correction.
SPX Intermediate trend: “An ending pattern appears to be in its last stages of completion. This should be followed by an intermediate term correction into October.” The correction has started.
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 21, 2017
Seeking Confirmations – US Stock Market / Stock-Markets / Stock Market 2017
We have several inputs forecasting change (market pivots) ranging from seasonal tendencies to an expected US dollar rally, Fed monetary tightening (such as it is), the 30 month S&P 500 cycle, not to mention a presidential administration in utter disarray and not having done much, if anything, to further the fiscal stimulation (which, the story goes, would replace the Fed’s monetary stimulation under the previous administration) view that much of the stock market’s post-election euphoria was built upon.
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Wednesday, August 16, 2017
The Stock Market Guns of August, Trade Set-Up & Removing your Rose Tinted Glasses / Stock-Markets / Stock Market 2017
Today I am going to lay out the case of a major market top and how it fits into the geopolitical backdrop of today. We then profile the trade set-up to look for and finally I will forcefully remove your Rose Colored Glasses you have been wearing since January 2017.
In Barbara Tuchman’s “The Guns of August” she argues that August 1914 was when the Gilded Age died and the modern era actually began. The book opens with the famous depiction of Edward VII’s funeral in 1910 attended peacefully by all the kings of Europe. Never again would the body of world leaders be unified and cut from a similar cloth. The war ushered in a new world, not recognizable from the past. Not since that time have we witnessed such diplomatic folly as in the month of August 1914. Today we wonder are we witnessing a similar conflict between a super power and the client state of China which is an emerging super power? Could it unfold in a similar fashion?
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Wednesday, August 16, 2017
U.S. Stock Market: Sunrise ... Sunset / Stock-Markets / Stock Market 2017
See what happens when speculative fever cools down
The market itself provides its own clues about its future price action. One such clue is found in higher-beta small cap stocks vs. lower-beta blue chips. Get our take.
[Editor's Note: The text version of the story is below.]
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Tuesday, August 15, 2017
Stock Market Intermission / Stock-Markets / Stock Market 2017
Last week’s Market Update – Showtime! – announced that the time had come for a sell-off in equities and we were not disappointed as the Dow lost over 234 points (worst week since March). Internal indicators now point to a pause in the decline. It’s now time for a short Intermission.
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Tuesday, August 15, 2017
Will North Korea Situation Create a Nifty Stock Market Correction? / Stock-Markets / Stock Market 2017
The situation in North Korea went to another level last week when President Trump made some “Fire and Fury” comment. His response to the provocation by North Korea resulted in risk off with sell off across the market, higher VIX, Yen strength. Precious metals such as Gold and Silver also saw bids and started to rally in the back of the news. But did Indices really sell off because of President’s Trump remark as the business news and social media make it to be?
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Monday, August 14, 2017
Stock Market Intermediate Correction Underway / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: The uptrend should continue after pausing for a correction.
SPX Intermediate trend: “An ending pattern appears to be in its last stages of completion. This should be followed by an intermediate term correction into October.” The correction has started.
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, August 13, 2017
Potential Pivots Upcoming for Stocks and Gold / Stock-Markets / Stock Market 2017
Prologue: This is a bearish article written by someone who covered his short (bearish) positions today (except for the euro) and has only long positions now, in precious metals and stocks, along with a heaping helping of cash. In other words, per yesterday’s snapshot, the market had dropped to levels that could see a bounce, especially since the spark to this week’s reaction was not legitimate as a substantial market input. This article is not concerned with short-term ups and downs; it is concerned with what comes in September or in Q4, after da boyz is back from da Hampins and settled in.
The war of words between the TiC (Tweeter-in-Chief) and the LiC (Lunatic-in-Chief) has little to do with the financial market’s intermediate-term fate. In the very short-term? Sure, man, machine, casino patron and Mom & Pop will fly in and out of stocks as the wind (and sentiment backdrop) blows. But before this standoff of the belligerent, the markets had set a course for changes come September or Q4 2017.
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