Category: Stock Market 2017
The analysis published under this category are as follows.Monday, March 13, 2017
Stock Market Unconfirmed Intermediate Top / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: Uptrend continues.
SPX Intermediate trend: Reaching 2400 has brought about a correction, but 2410 is still a remote possibility.
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, March 13, 2017
Trump Stocks Bear Market of 2017 Begins? Shorting the Dow at its Peak! / News_Letter / Stock Market 2017
The Market Oracle Newsletter31st January, 2017 Issue # 4 Vol. 11
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Monday, March 13, 2017
Stocks Bull Market Delights Can Have Violent Bear Market Ends / News_Letter / Stock Market 2017
The Market Oracle Newsletter22nd December, 2016 Issue # 32 Vol. 10
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Sunday, March 12, 2017
A Review of Stock Market Predictions for 2017— 10 Weeks Later / Stock-Markets / Stock Market 2017
Towards the end of 2016, there was a seemingly unending stream market prediction from legitimate analysts and a host of self-styled experts about where the markets are headed in 2017. Some analysts interpreted the signs to suggest that 2017 will be rewarding for investors and there wasn’t a shortage of analysts who saw reasons to be bearish on the market in 2017.
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Sunday, March 12, 2017
SPX New Highs Should be Next / Stock-Markets / Stock Market 2017
The market started the week at SPX 2383. After a gap down opening on Monday the market declined to SPX 2355 by Thursday. Then a gap up opening on Friday carried the SPX to 2377, before ending the week at 2373. For the week the SPX/DOW lost 0.45%, and the NDX/NAZ were mixed. Economic reports for the week were mixed. On the downtick: consumer credit, wholesale inventories, the WLEI, the Q1 GDP estimate, plus weekly jobless claims and the trade deficit increased. On the uptick: factory orders, the ADP, export/import prices, monthly payrolls, plus the unemployment rate and budget deficit declined. Next week the FOMC meets, and there are reports on industrial production, housing, the CPI/PPI, retail sales, plus its options expiration Friday. Best to your week!
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Thursday, March 09, 2017
Stocks Extended Their Downtrend, But Will They Continue Lower? / Stock-Markets / Stock Market 2017
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, 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
Wednesday, March 08, 2017
Charting the Maddening Stock Market Messages / Stock-Markets / Stock Market 2017
Why are we getting such diverging and maddening market messages from the equity and bond markets? Which one is right? Are either right?
Market Perceptions
Let's consider the perceptions of each of these markets:
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Wednesday, March 08, 2017
Stock Market Very Mixed, Volatile Day / Stock-Markets / Stock Market 2017
The stock market indices had a sloppy down day today. The day started out with a move down, and then a strong rally on the Nasdaq 100 took the S&P 500 up as well when Apple Inc. (AAPL) rallied, but they failed at triple-quadruple top near 5374 on the Nasdaq 100 as the S&P 500 got nowhere near their recent high, and as a result of that negative divergences backed off. They retested the lows, bounced around, formed wedges, and then in the afternoon, they broke those wedges to the downside, and made slightly lower lows before a late rally brought them back.
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Tuesday, March 07, 2017
Stock Market Euphoria, China's Dumping of Treasuries Ignite Recession Concerns / Stock-Markets / Stock Market 2017
Citing the uncertainty caused by China dumping U.S. Treasuries, an impending debt ceiling crisis, the upcoming French elections, and more, Wealth Research Group editor Lior Gantz advises investors to make sure their portfolios are diversified.
Each of the last five major U.S. recessions were preceded by a shrinking global trade as a percentage of GDP.
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Monday, March 06, 2017
Stock Market Basic Movements - Basic High / Stock-Markets / Stock Market 2017
With the failure to see the expected correction in our longer term forecast, this is probably a good time to review that forecast.
A 15yr interval points to a top sometime in the period from September 2016 until the end of August 2017.
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Monday, March 06, 2017
The Stock Market "Trump Bump" Was in the Cards LONG Before Trump / Stock-Markets / Stock Market 2017
How to breach limitations of conventional market forecasting
[Editor's Note: The text version of the story is below.]
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Monday, March 06, 2017
It’s Time to Leave the Stock Market Party / Stock-Markets / Stock Market 2017
BY JARED DILLIAN : I’m a sentiment jockey. It’s good to get a feel for the room. That applies to all kinds of situations. When sentiment gets a little one-sided, I pay attention.
My good friend Michael Martin, author of The Inner Voice of Trading, once told me his surefire recipe for staying out of trouble in college.
He would leave a party the first time a beer bottle was thrown against the wall. He would be halfway down the street by the time the cops showed up, lights flashing.
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Monday, March 06, 2017
Why is Trump Tweeting About Stocks so Much? / Stock-Markets / Stock Market 2017
The stock market is now officially a political tool.
The Trump White House has made it clear that it views the stock market as a “report card” on Trump’s policies.
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Monday, March 06, 2017
Stock Market SPX 2400 Projection Reached / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: Uptrend continues.
SPX Intermediate trend: 2400 has been reached but the rally could extend just a little higher before an intermediate reversal takes place.
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, March 05, 2017
Trump Asks Congress to Investigate Obama Over Wiretapping / Stock-Markets / Stock Market 2017
On Sunday, his press secretary Sean Spicer issued a statement, saying reports “concerning potentially politically motivated investigations immediately ahead of the 2016 election are very troubling.”
“President Donald J. Trump is requesting that as part of their investigation into Russian activity, the congressional intelligence committees exercise their oversight authority to determine whether executive branch investigative powers were abused in 2016.”
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Sunday, March 05, 2017
Trump Flip-Flops on Stock Market Bubblemaking / Stock-Markets / Stock Market 2017
It’s funny how an election can change the way a man sees the world. Before the election, Donald Trump thought that stocks were dangerously inflated. In an interview on CNBC, he said “I hope I’m wrong, but I think we’re in a big, fat, juicy bubble.”
That was Candidate Trump. President Trump sees things differently. Here’s what he tweeted on Tuesday:
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Sunday, March 05, 2017
Important Stock Market Top? / Stock-Markets / Stock Market 2017
Cycle-wise, we are at a crest of the 18 month cycle, which is due to bottom in early August 2017. Astro-wise we have a myriad of reversal aspects in this general time frame: Mars conjunct Uranus/opposite Jupiter (February 26/27); Sun conjunct Neptune (March 1); Jupiter opposite Uranus (second of 3 passages), with a cardinal T-Square to Pluto (March 2); Mars trine Saturn (March 4); Venus Retrograde (March 4).
Watch for war-like agitations ahead and a test of the Trump administration. Bad storms and earthquakes could also be in the offing in the next 3-5 months.
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Sunday, March 05, 2017
Elliott Wave Count Points to Shallow SPX Correction / Stock-Markets / Stock Market 2017
For you occasional "wavers-counters," I was asked by a colleague of mine to provide my "count" if I chose to view the 13-month advance through a wave analysis lens.
Bottom Line: The upleg off of the Nov 4, 2016 post-election low at 2083.79 represents the 3rd of the 3rd from the Feb 11, 2016 low at 1810.10.
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Saturday, March 04, 2017
SPX Uptrend continues to make New All-time Highs / Stock-Markets / Stock Market 2017
The week started at SPX 2367. On Monday the SPX rose to 2372, pulled back to 2359 on Tuesday, then gapped up on Wednesday hitting an all-time high of SPX 2401. Thursday and Friday saw the SPX pullback to 2375 before ending the week at 2383. For the week the SPX/DOW gained 0.80%, and the NDX/NAZ gained 0.50%. Economic reports for the week were mostly higher. On the downtick: pending home sales, construction spending, the WLEI and the Q1 GDP estimate. On the uptick: durable goods, consumer confidence, the Chicago PMI, personal income/spending, ISM manufacturing/services, the PCE, plus weekly jobless claims hit a 44-year low. Next week’s reports will be highlighted by monthly payrolls, factory orders and export/import prices. Best to your weekend and week!
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Friday, March 03, 2017
Stock Market February Trading Channel Brokenm, Hi-Lo Signals / Stock-Markets / Stock Market 2017
VIX appears to be on a stop hunt this morning to take out all the protection buyers that put stops on their hedges while the SPX weakened this morning. This move could also be an effort to stabilize stocks at the first trendline (see SPX below).
ZeroHedge observes, “The ubiquitous VIXtermination algo at the open did manage a modest jump in stocks, but that is fading fast now even as they push protection costs ever lower...”
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