Category: Stock Market 2017
The analysis published under this category are as follows.
Thursday, July 20, 2017
Stock Market Decline May Have Begun. Be Careful About Taking Short Positions / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
While the decline doesn’t look like much yet, some of you brave souls who agree with my Cycles and Elliott Wave analysis may wish to begin adding partial short positions.
With that recommendation I warn that there are no confirmations from either the VIX or the Hi-Lo Index. It appears that both of those indicators will be laggards at this juncture. In addition, there may be some blow-back from the algos’ automatic buy programs in an attempt to keep the markets elevated. The first support is the Cycle Top at 2463.58. Positions may be added as we see supports being broken.
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Wednesday, July 19, 2017
Nasdaq: Not Parabolic Yet / Stock-Markets / Stock Market 2017
By: Gary_Savage
At the bubble top in 2000 the Nasdaq was 156% above its 200 week moving average. Currently the Nasdaq is 29% above its 200 week moving average. Clearly not parabolic yet.
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Wednesday, July 19, 2017
Stock Market Forecast: OPEX Week July 2017 / Stock-Markets / Stock Market 2017
By: Brad_Gudgeon
I have SPX falling to 2444/45 Wednesday and GDX down to near 21.90/.93. By Friday SPX should be tagging 2479 and GDX to near 22.99/23.00. Past cycles and VOL cycle suggest an up open tomorrow that will be sold. By 11:00 EDT we should see a sell-off to 2444/45 SPX. Wisdom dictates late day buying (3:00) of XIV on the secondary low. I like VXX or UVXY on the open Wednesday. A 6% gain in UVXY is possible tomorrow into late in the day on the secondary low.Read full article... Read full article...
Wednesday, July 19, 2017
DOW Drops 200 Points in Lock Step with Wave Count! / Stock-Markets / Stock Market 2017
By: Enda_Glynn
My Bias: LONG
Wave Structure: rally in wave [C]
Long term wave count: wave [C] is underway, upside to above 136.00
Important risk events: JPY: Monetary Policy Statement. USD: Housing Starts, Building Permits, Crude Oil Inventories.
Wednesday, July 19, 2017
We Will Face The Greatest Stock Market Turning Point In October- Beware! / Stock-Markets / Stock Market 2017
By: Harry_Dent
Normally the worst season for the stock market is between July and November, especially August through mid-October, with September the worst month for losses (on average, of course).
The first wave of the 1929 to 1932 crash ran from early September into mid-November, claiming a loss of 47% in just two and a half months.
Tuesday, July 18, 2017
Nasdaq: Third Times a Charm? / Stock-Markets / Stock Market 2017
By: Gary_Savage
This is the Nasdaq's third attempt to break out of the bull market channel. Once it holds we should shift into a higher gear as the bubble phase progresses.
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Tuesday, July 18, 2017
Calling for Stock Market Top Within The Next Three Weeks / Stock-Markets / Stock Market 2017
By: Avi_Gilburt
Last week, I noted to members: "As long as last week’s low is not broken, the market still has a set up in place to rally up towards the 2500SPX region."
And, as we saw, the market has rallied up towards our long-term target region. The high we struck on Friday is now only 24 points from the bottom of our long-term target box, which we set several years ago.
Since bottoming back in February of 2016, the S&P500 has rallied 38%. That is one of the best runs in the market’s history. But, were you prepared for it?
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Tuesday, July 18, 2017
Why & How to Hedge the Growing Risks of Holding Stocks / Stock-Markets / Stock Market 2017
By: MoneyMetals
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up we’ll hear from Axel Merk, President and Chief Investment Officer of Merk Investments and manager of the Merk Funds. Axel breaks down investor complacency, the risk of putting too much money into risk assets and gives advice on the proper weighting of precious metals in your own portfolio. Don’t miss a sensational interview with Axel Merk, coming up after this week’s market update.
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Monday, July 17, 2017
Will Stock Market New All-Time High Uptrend Accelerate? / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains 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
Monday, July 17, 2017
Stock Market More to Go / Stock-Markets / Stock Market 2017
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: Uptrend continues with a serious loss of upside momentum in weekly indicators.
SPX Intermediate trend: An ending diagonal appears to be in its last stage of completion .
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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Saturday, July 15, 2017
Stock Market SPX Uptrending Again After Microscopic Correction / Stock-Markets / Stock Market 2017
By: Tony_Caldaro
The market started the week at SPX 2425. After a rally to SPX 2432 on Monday, the market pulled back to 2413 on Tuesday before reversing in the afternoon. Wednesday’s gap up opening rally continued into Friday, when the SPX hit a new all-time high at 2464. For the week the SPX/DOW gained 1.20%, and the NDX/NAZ gained 2.90%. Economic reports were mostly positive. On the downtick: the Q2 GDP estimate, retail sales, consumer sentiment, plus the budget deficit widened. On the uptick: consumer credit, business/wholesale inventories, the PPI, industrial production, capacity utilization, plus jobless claims declined. Next week’s reports will be highlighted by the NY/Philly FED and housing.
Saturday, July 15, 2017
Is the Stock Market All Knowing? / Stock-Markets / Stock Market 2017
By: Clif_Droke
“The tape tells all” is a Wall Street bromide we’re all familiar with. It neatly summarizes the belief that the major averages discount everything pertaining to the business outlook. It’s also a basic tenet of Dow Theory.
Writing a century ago, Richard Wyckoff was one of the very first market pundits to put this belief in writing. “The tape tells the news minutes, hours and days before the news tickers or newspapers and before it can become current gossip,” he wrote. “Everything from a foreign war to the passing of a dividend; from a Supreme Court decision to the ravages of the boll-weevil is reflected primarily upon the tape.”
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Thursday, July 13, 2017
Can The Dow Trade to 30K or is it Just Another Pipe Dream / Stock-Markets / Stock Market 2017
By: Sol_Palha
Insanity in individuals is something rare, but in groups, parties, nations, and epochs it is the rule. Friedrich NietzscheOne group of experts state that the markets are ready to crash, another states the markets are ready to soar to new highs. Which group is one supposed to believe? For starters, the naysayers have the odds stacked against them as every so-called stock market crash has turned out to be a long-term buying opportunity. We view stock market crashes as once in a “lifetime buying opportunity” and frankly so should every self-respecting long term Contrarian investor. The smart money always swoops in and buys top quality stocks when there is blood on the streets, and the dumb money sells right at the bottom.
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Tuesday, July 11, 2017
Janet Yellen Just Gave Banks A Secret Hint To Pay Out $100 Billion In Dividends / Stock-Markets / Stock Market 2017
By: John_Mauldin
BY PATRICK WATSON : Top central bankers choose their words carefully. They know sending the wrong signals can unleash havoc, and they’ll get blamed for it. More important, as masters in acrobatic flip-flopping and backpedaling, they rarely promise a specific outcome.
So when a Fed official does say anything definitive, I pay attention—because it’s almost never an accident.
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Tuesday, July 11, 2017
Stock Market Rally May be Over / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
SPX futures are breaking down to the trendline, but may not have crossed it yet. SPX passed the 12.9 market day interval for its decline yesterday afternoon. There may be either 8.6 more days, taking the SPX to July 20 (the day before options expiration) or another 12.9 days taking the SPX to the Wednesday following Options expiration. Either way, it may be a wild ride.
ZeroHedge reports, “U.S. index futures point slightly lower open. Asian shares rose while stocks in Europe fell as energy producers got caught in a downdraft in oil prices and reversed an earlier gain after Goldman unexpectedly warned that WTI could slide below $40 absent "show and awe" from OPEC. The dollar rose, hitting a four-month high against the yen and bonds and top emerging market currencies were back under pressure on Tuesday, following last week’s hawkish rhetoric from central bankers.”
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Monday, July 10, 2017
Lindsay Stock Market Cycle Correction / Stock-Markets / Stock Market 2017
By: Ed_Carlson
Long-time readers know of Lindsay’s long cycle (points A through M) and that equities should now be in the final basic advance between point I and the secular bull market top at point J.
A basic advance is the equivalent of a cyclical bull market. A basic decline is usually the equivalent of a cyclical bear market but may not always reach the arbitrary 20% sell-off used by the media to define such a decline.
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Sunday, July 09, 2017
Stock Market Still Bullish Bias / Stock-Markets / Stock Market 2017
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: Uptrend continues with a serious loss of upside momentum in weekly indicators.
SPX Intermediate trend: An ending diagonal appears to be in its last stage of completion.
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, July 09, 2017
The Stock Market Quantified Elliott Wave Theory: OEW / Stock-Markets / Stock Market 2017
By: Tony_Caldaro
In the coming months, and for some it has already started, many market pundits will be calling for a monumental crash. Some will proclaim it to be the largest crash in our lifetime. There will be various reasons. Extremely high debt levels, high market valuations, leverage in managed funds, prolonged low growth without a recession, rising interest rates, Quantitative Tightening, and even Elliott Wave patterns. The latter is the reason for this report.
The Elliott Wave Theory has been circulating in technical market analysis circles for 80-years. On the surface, it is easy to understand. There are five waves up during bull markets representing growth, and three waves down during bear markets representing contraction. Since the economy moves from growth to contraction it makes sense. Historically, one can even look at a chart of the DOW, over an 80-year period, and actually see the five waves with three advances and two intervening declines. From the 1932 crash low: 1937-1942-1973-1974-2007. Simple, right? In theory, yes. In real time practice no.
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Saturday, July 08, 2017
US Stock Market Correction Continues / Stock-Markets / Stock Market 2017
By: Tony_Caldaro
The market started the holiday shortened week at SPX 2423. After a gap up opening on Monday the market rallied to SPX 2439. The market pulled back to SPX 2422 by Wednesday morning, then rallied to 2435 in the afternoon. A gap down opening on Thursday took the SPX to 2408 near the close. Then a gap up opening on Friday rallied the market to SPX 2427. For the week the SPX/DOW gained 0.2%, and the NDX/NAZ gained 0.2%. Economic reports for the week were slightly negatively biased. On the downtick: auto sales, factory orders, the ADP, the WLEI, plus jobless claims and the unemployment rate rose. On the uptick: ISM manufacturing/services, monthly payrolls, plus the trade deficit improved. Next week’s reports will be highlighted by FED chair Yellen’s testimony to Congress, the Beige book, and industrial production. Best to your week!
Saturday, July 08, 2017
Stock Market Indexes Are Winding Up for a Fast Ball / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
I finally have internet service and can communicate to you. We had a violent storm pass through early this morning. I did not know the extent of the damage until I discovered my broadband service was out and the roads were blocked by downed trees. Fortunately, we are on a high priority electricity grid, so power was back on by sunrise.