Category: Stock Market 2017
The analysis published under this category are as follows.Thursday, July 06, 2017
Stock Market Uncertainty Near Record High / Stock-Markets / Stock Market 2017
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,510, and profit target at 2,300, S&P 500 index).
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
Thursday, July 06, 2017
Mark Yusko Warns to Get Out Of Stock Index Funds Now / Stock-Markets / Stock Market 2017
BY STEPHEN MCBRIDE : The market cap of FAANG (Facebook, Amazon, Apple, Netflix and Google) are up $260 billion since March 1. Meanwhile, the market cap of the other 495 companies in the S&P 500 are down $260 billion.
This is a textbook example of unsustainable growth, yet it has largely fallen on deaf ears for many investors.
Speaking at the Mauldin Economics’ Strategic Investment Conference, Mark Yusko, Founder and CIO of Morgan Creek Capital Management, dissected this and the other biggest risks—along with opportunities—in financial markets today.
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Wednesday, July 05, 2017
Stock Market Post-holiday Hangover? / Stock-Markets / Stock Market 2017
Good Morning!
The bank-heavy Dow made a new all-time high on July 3 in light trading. It was aided and abetted by its largest holding, Goldman Sachs, up 2.42%.
This high may be called an “echo Cycle” since June 29 is exactly 8.6 years from the bottom of Wave 3 of (C) on November 21, 2008. I have seen this before in gold and crude, where we have witnessed “double tops.”
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Tuesday, July 04, 2017
Dow 50,000, Then a Colossal Stock Market Crash / Stock-Markets / Stock Market 2017
The markets are heading higher, says Tom Beck, founder of Portfolio Wealth Global, who explains why and discusses the actions that he is taking.
Portfolio Wealth Global wants to show you today why stocks are in the final innings of a "blow-off top" set-up and why the "blow-off top" has begun for all major indices—it is global.
Monday, July 03, 2017
Wall Street Stock Market Correction Looms on the Horizon / Stock-Markets / Stock Market 2017
The following S&P500 Index - 90 Year Historical Chart shows the yearly gain or loss from 1929 through 2016. The following conclusions may be drawn from this very illustrative bar chart of Wall Street’s yearly stock performance during this prolonged period.Read full article... Read full article...
Monday, July 03, 2017
Stock Market Positive Expectations Ahead Of Shortened Trading Session / Stock-Markets / Stock Market 2017
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 03, 2017
Is this the Stock Market Top? / Stock-Markets / Stock Market 2017
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 forming.
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 01, 2017
US Stock Market Correction Appears to be Underway / Stock-Markets / Stock Market 2017
The market started this volatile week at SPX 2438. After a gap up opening on Monday the market rallied to SPX 2450 before reversing into a 2419 low of Tuesday. Wednesday provided another gap up opening as the SPX hit 2443. After retesting that high early Thursday the market sold off to SPX 2406 before reversing into the close. Friday had another gap up opening as the market rallied to SPX 2433, before declining to 2423 to end the week. For the week the SPX/DOW lost 0.40%, and the NDX/NAZ lost 2.35%. Economic reports were slightly positive. On the downtick: durable goods, Case-Shiller, pending home sales, the Q2 GDP estimate, the WLEI, plus weekly jobless claims rose. On the uptick: consumer confidence/sentiment, Q1 GDP, personal income/spending, the CPI and the Chicago PMI. Next week, shortened by the 4th July holiday, we’ll get reports on Payrolls, the ISMs, and the FOMC minutes. Best to your weekend!
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Friday, June 30, 2017
Stock Markets Hyper Risky / Stock-Markets / Stock Market 2017
The US stock markets have enjoyed an extraordinary surge this year, shattering all kinds of records. It’s been fueled by hopes for big tax cuts soon from Trump’s Republican government. But such relentless rallying has catapulted complacency, euphoria, and valuations to dangerous bull-slaying extremes. This has left today’s beloved and lofty stock markets hyper-risky, with mounting potential for serious selloffs erupting.
History extensively proves that stock markets are forever cyclical, no trend lasts forever. Great bulls and bears alike eventually run their courses and give up their ghosts. Sooner or later every secular trend yields to extreme sentiment peaking, then the markets inevitably reverse. Popular greed late in bulls, and fear late in bears, ultimately hits unsustainable climaxes. All near-term buyers or sellers are sucked in, killing the trend.
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Friday, June 30, 2017
Grant Williams Warns Get Out of Stocks Before Boomers Are Forced to Sell Them / Stock-Markets / Stock Market 2017
BY STEPHEN MCBRIDE : Last year, the first baby boomers turned 70 and that spells trouble for investors.
Speaking at the Mauldin Economics Strategic Investment Conference, Grant Williams, Co-Founder of RealVision TV, warned investors about the wave of forced selling by millions of retirees and the impact it will have on their portfolios.
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Friday, June 30, 2017
Stock Market VIX Spike Prediction Revisited / Stock-Markets / Stock Market 2017
Nearly 2 weeks ago, we issued a research/analysis report indicating our analysts had seen a VIX pattern that forecasted a VIX spike on June 29th of this month to coincide with a potential explosive move in the markets. Today (June 29th) the vix spiked over 45% exactly as we has predicted, so we thought we would revisit this analysis and update our valued followers.
Recently, as many of you already know by being ATP members, the US and global markets have rotated on a number of news items and concerns. First, the IMF revised US economic expectations to address slower than expected economic activity. Next, NASDAQ technology stocks have recently been very volatile in relative terms and have driven some very big moves. Additionally, just last weekend two banks in Italy have been closed as a result of failed ability to raise capital levels to support activities/risk. Lastly, the BITCOIN drama seems to be continuing with this recent ransom-ware outbreak originating from within Ukraine. All this uncertainty and risk is a bit concerning for the markets in terms of volatility.
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Thursday, June 29, 2017
The Fed Has Officially “Rung the Bell” For the Stock Market Top / Stock-Markets / Stock Market 2017
The Fed just “rang the bell” on the market top.
Fed Chair Janet Yellen’s right hand man, John Williams made the following statement yesterday:
“The stock market seems to be running pretty much on fumes,” San Francisco Federal Reserve Bank President John Williams said in an interview carried on Sydney’s ABC News affiliate and available on the internet on Tuesday. “It’s something that clearly is a risk to the U.S. economy, some correction there — it’s something we have to be prepared for to respond to if it does happen.”
Thursday, June 29, 2017
Stocks Rebounded Off Tuesday's Low, New Uptrend? / Stock-Markets / Stock Market 2017
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
Thursday, June 29, 2017
Stock Market Correction May Complete Today / Stock-Markets / Stock Market 2017
SPX futures are mildly positive this morning. In addition, the quarter end and the Cycles Model are positive for at least another day. That suggests Wave [c] may complete near the Cycle Top today in an expanded flat correction, dominated by a very long Wave [b].
The Summer quarter end is usually positive. As mentioned earlier, early short entries are usually subject to draw-downs. The VIX and Hi-Lo have not made sell signals, yet. Thus, only partial positions have been recommended. That will change very soon.
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Wednesday, June 28, 2017
Stock Market Direction Update and What I Have Been Up To... / Stock-Markets / Stock Market 2017
I had a number of people email requesting what I have been up to (did I die, am I ill) so here it is...Back in April 2016, after being a part of TreasureChests for 13 years I decided to hang up my pen and pursue other things. As many know or do not know, TreasureChests is shutting the doors at the end of this month. It was a pleasure working with Captain Hook and we still keep in contact on a regular basis to discuss what is going on with the stock markets. Since I have been busy the past year with a side project that is morphing into something bigger, I miss not writing…so here is an update.
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Wednesday, June 28, 2017
Is the Stock Market About to Post a Major Top? / Stock-Markets / Stock Market 2017
The market has been sending “topping” signals for weeks now.
They include:
1) Fewer and fewer companies participating in the rally.
2) High yield credit, which leads stocks, rolling over.
3) Weakening momentum.
4) Dwindling volume.
5) Market leaders (the big 5 Tech) beginning to correct.
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Tuesday, June 27, 2017
Former Lehman Brothers Trader: I Bet My Reputation That Stocks Bubble Will Pop In A Year / Stock-Markets / Stock Market 2017
BY JARED DILLIAN : It wasn’t always this way. We never used to get a giant, speculative bubble every 7–8 years. We really didn’t.
In 2000, we had the dot-com bubble.
In 2007, we had the housing bubble.
In 2017, we have the everything bubble.
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Tuesday, June 27, 2017
Stocks At Record Highs: Market Sentiment Still Bullish / Stock-Markets / Stock Market 2017
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
Tuesday, June 27, 2017
Stock Market Running Out of Steam / Stock-Markets / Stock Market 2017
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-pattern appears to be forming.
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.
Read full article... Read full article...
Saturday, June 24, 2017
US Stock Market Correction Could be Underway / Stock-Markets / Stock Market 2017
The market started the week at SPX 2433. After a gap up opening on Monday, and a new all-time high to SPX 2454, the market pulled back to 2431 by Wednesday. After a rally to SPX 2442 on Thursday the market pulled back to 2431 again on Friday. Then ended the week at SPX 2438. For the week the SPX/DOW gained 0.15%, and the NDX/NAZ gained 1.95%. Economic reports for the week were slightly positive. On the downtick: weekly jobless claims and the WLEI. On the uptick: existing/new home sales and leading indicators. Next week’s reports will be highlighted by the Q1 GDP update and the Chicago PMI.
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