Category: Stock Market 2017
The analysis published under this category are as follows.Friday, October 27, 2017
Here’s Why Stocks and Home Runs Are at All-Time Highs / Stock-Markets / Stock Market 2017
By Alan Hall, senior analyst at the Socionomics Institute
This article was originally published on CNBC under the headline "Home Runs and Strikeouts Can Track the Stock Market."
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Why in the world would Major League Baseball home run statistics track the U.S. stock market?
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Thursday, October 26, 2017
More Volatility As Stocks Retrace Some Of Their Recent Rally / Stock-Markets / Stock Market 2017
Briefly:
Intraday trade: Our Wednesday's intraday trading outlook was bearish. It proved accurate because the S&P 500 index lost 0.5%, following neutral opening of the trading session. However, the market didn't reach our intraday profit target level of 2,535 (daily low at 2,544.00). The S&P 500 index may retrace more of its October rally. Therefore, intraday short position is favored again. Stop-loss is now at the level of 2,575 and potential profit target is at 2,535 (S&P 500 index).
Our intraday outlook is bearish today. Our short-term outlook is neutral, and our medium-term outlook is neutral:
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Thursday, October 26, 2017
Elliott wave: Are the Stock Indices Ending 5 Waves or Not? / Stock-Markets / Stock Market 2017
Elliott wave: The 5 waves advance
The Elliott wave Theory is a famous trading tool and is based in the idea that the Market advances in 5 waves and corrects in 3 waves. The Theory has some basic rules which are listed below
1) Wave 2 never retraces more than 100% of wave 1.
2) Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5.
3) Wave 4 does not overlap with the price territory of wave 1, except in a diagonal formation.
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Wednesday, October 25, 2017
Stock Market Crash of October Crash 2017 / Stock-Markets / Stock Market 2017
OCTOBER the month when the stock market doom merchants are at their most vocal as they focus on the historic apex of the darkest day of the darkest month for stocks of each year, October 19th, this year was the 30th anniversary of the 1987 stock market Black Monday crash that saw the market fall of a cliff, plunging by an unprecedented 22% on one day that few saw coming but ever since many prophesise the repeat of every October. Furthermore this year marks the 9th October of the current stocks bull market that the perma-crowd have been betting against for its duration. Which means that most of the doom merchants will already have gotten the stock market badly wrong for EIGHT OCTOBERS IN A ROW!
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Wednesday, October 25, 2017
Stock Market Optimism Approaches Days of Roman Empire / Stock-Markets / Stock Market 2017
Investors are placing a stock market bet of record degree
If there's ever been a time to resist the impulse to follow the investing crowd, now is that time. Large speculators are making a bet that's four times larger than what they made in January 2008. Take a look at this chart.
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Tuesday, October 24, 2017
Stock Market October Crash 2017 But Not as the Bears Expected! / Stock-Markets / Stock Market 2017
OCTOBER the month when the stock market doom merchants are at their most vocal as they focus on the historic apex of the darkest day of the darkest month for stocks of each year, October 19th, this year was the 30th anniversary of the 1987 stock market Black Monday crash that saw the market fall of a cliff, plunging by an unprecedented 22% on one day that few saw coming but ever since many prophesise the repeat of every October. Furthermore this year marks the 9th October of the current stocks bull market that the perma-crowd have been betting against for its duration. Which means that most of the doom merchants will already have gotten the stock market badly wrong for EIGHT OCTOBERS IN A ROW!
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Monday, October 23, 2017
Stock Market Lemmings in Full Gallup Towards Cliff / Stock-Markets / Stock Market 2017
Its official…the stock market has broken above 23,000, and its valuations should now scare even the most mind-numbed carnival barker on Wall Street. The forward 12-month PE ratio is 18, compared to the 10-year average of just 14. The 12-month trailing PE for Pro-forma earnings, which takes into account non-recurring items that seem to recur ever quarter, is trading at 20 times earnings. But on a reported earnings basis—the number you report to the SEC under penalty of the law and according to GAAP standards--the 12-month trailing PE is 25.5 times earnings.
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Monday, October 23, 2017
More New Record Highs As S&P 500 Gets Closer To 2,600 Mark / Stock-Markets / Stock Market 2017
Briefly:
Intraday trade: Our Friday's intraday trading outlook was neutral. It proved wrong because the S&P 500 index gained 0.5%, following higher opening of the trading session. The broad stock market accelerated its uptrend on Friday. There have been no confirmed negative signals so far. On the other hand, we still can see some short-term overbought conditions. Therefore, we prefer to be out of the market today, avoiding low risk/reward ratio trades.
Monday, October 23, 2017
Another Minor Stock Market Top? / Stock-Markets / Stock Market 2017
Current position of the market
SPX: Long-term trend – The bull market is continuing with no sign of a major top in sight.
Intermediate trend – Soon coming to an end.
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 discusses the course of longer market trends.
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Saturday, October 21, 2017
A Catalyst of the Stock Market Bubble Bust / Stock-Markets / Stock Market 2017
Brexit. Markets up.Shock election of President Trump. Markets up.
Drum beats of war with North Korea. Markets up.
Hurricanes Irma and Maria. Markets up.
Wild fire incinerating Northern California. Markets up.
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Saturday, October 21, 2017
Stock Market "Buy and Hold" ... and Investing is Easy / Stock-Markets / Stock Market 2017
"Buy and Hold" ... and Investing is Easy
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Friday, October 20, 2017
Stock Investors Ignore What May Be The Biggest Policy Error In History / Stock-Markets / Stock Market 2017
My good friend Peter Boockvar recently shared a chart with me.
The University of Michigan’s Surveys of Consumers have been tracking consumers and their expectations about the direction of the stock market over the next year.
We are now at an all-time high in the expectation that the stock market will go up.
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Friday, October 20, 2017
Stock Market Calm Before The Storm / Stock-Markets / Stock Market 2017
In light of the 30-year anniversary of the Black Monday Crash in 1987 (when the Dow lost more than 20% in "one day", we should be reminded that investor anxiety usually increases when markets get to extremes. If stock prices fall steeply, people fret about money lost, and if they move too high too fast, they worry about sudden reversals. As greed is supposed to be counterbalanced by fear, this relationship should not be surprising. But sometimes the formula breaks down and stocks become very expensive even while investors become increasingly complacent. History has shown that such periods of untethered optimism have often presaged major market corrections. Current data suggests that we are in such a period, and in the words of our current President, we may be "in the calm before the storm."
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Friday, October 20, 2017
Gold/Silver vs. Bitcoin Comparisons: A No-Brainer... or Brainless? / Stock-Markets / Stock Market 2017
By David Smith: For most of the year, as Bitcoin soared, crashed, and soared again, cryptocurrency vs. physical gold-silver talking heads engaged each other in heated rhetoric about which of these venues is here to stay.
Some of the biggest names in finance, government, and the newsletter analyst space have made comments that – to be charitable – appear less-than-fully informed. Comments like "Even though bitcoin could rise to $100,000, it's still going to zero!" don't offer much insight. Some other questionable assumptions:
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Friday, October 20, 2017
A 2-3% Stock Market Correction Could Wipe Out Most VIX Short Sellers / Stock-Markets / Stock Market 2017
Did you know that there have been 39 times since 1990 when the VIX has closed below 10, and that 30 of those times have happened this year? And 15 of those have been in the last 30 days!
Ed Easterling of Crestmont Research sent me recently an updated chart of the VIX Index. Notice that the all-time low of 9.19 was put in on October 5, 2017.
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Friday, October 20, 2017
The Runaway Stock Market / Stock-Markets / Stock Market 2017
Runaway moves can last from 6-8 months. They are sustained by traders who try to pick tops and are forced to cover and by those who finally decide to buy into overbought conditions.
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Thursday, October 19, 2017
Stock Market Time to Go All-in. Short, That Is / Stock-Markets / Stock Market 2017
SPX has challenged short-term support at 2548.77 and bounced off the Diagonal trendline at 2548.00.
A decline beneath 2548.00 is a confirmed sell.
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Thursday, October 19, 2017
Stock Market Super Cycle Wave C May Have Started / Stock-Markets / Stock Market 2017
Good Morning!
SPX futures are starting the morning off with a bang as they decline beneath the smaller Ending Diagonal trendline and Short-term support at 2547.80. There appears to be a bounce as the algos kick in to save the day. However, the damage in Asia and Europe has been done and it appears that there may not be a recovery. The DJIA has already dipped beneath 23000.00 this morning, but appears to have bounced back above that level.
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Thursday, October 19, 2017
Negative Expectations, Will the Stock Market Correct? / Stock-Markets / Stock Market 2017
Briefly:
Intraday trade: Our Wednesday's intraday trading outlook was bearish. It proved partly wrong because the S&P 500 index gained 0.1%, following higher opening of the trading session. The index traded within a relatively narrow intraday trading range once again. The market may retrace some of its recent rally. Therefore, intraday short position is favored. Stop-loss is at the level of 2,570 and potential profit target is at 2,530 (S&P 500 index).
Thursday, October 19, 2017
10 Years Ago Today a Stocks Bear Market Started / Stock-Markets / Stock Market 2017
Yes, much has recently been published about the 10-year anniversary of the 2007~08 credit market crash and many people are trying to make comparisons between then and now. Some of this information is valid and factual. For example, the amount of debt now is much higher than the debt levels in 2004~08. This would lead some to consider the scope of any global debt related issues to be much larger and more dangerous than in 2007. Additionally, the types of levels of debt have begun to froth back into the dangerous and risky derivatives markets, ARMs and MBSs. Although, we keep hearing, “this time it’s different”.
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