Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.
Tuesday, May 16, 2017
Will the SPX Stock Market Final Surge Fail to Appear? / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
The Wave structure on the left is a likely scenario on how the SPX may play out. This morning’s decline appears to be Wave c of (iv). Wave (v) may now be underway. As far as Wave relationships go, Wave [c] equals Wave [a] at 2405.86, while Wave (v) equals Wave (i) at 2410.24. Wave 5 equals Wave 1 at 2415.05. Cycle Top resistance on the hourly chart is at 2413.67. That gives us a range in which SPX may reverse course.
Tuesday, May 16, 2017
The Final Probe in SPX May be Underway / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
SPX futures are higher, suggesting the final probe to the top may be underway. At the moment, 2415.05 appears to be a reasonable target. Although May 26-29 appears to be the time target for the Master Cycle low, another important Cyclical anniversary is coming up. June 6, 2017 (2017.43) happens to be exactly 17.2 years from the March 24, 2000 (2000.230) high of 1553.11. Cycles are not always exact. For example, 8.6 years from the March 24, 2000 high was October 29, 2008. The 2008 low occurred on November 21, exactly 17 market days later. We are within 15 market days of the June 6 anniversary, so the top may happen at any time. Can it stretch to June 6? Possibly, yes. However, SPX is very late in the current Master Cycle.
Tuesday, May 16, 2017
Cyber Wars Could Crash Markets and Threat To Humanity – Buffett and Rickards / Stock-Markets / Cyber War
By: GoldCore
Cyber wars are a bigger threat to humanity than nuclear weapons, the world’s richest and most famous investor Warren Buffett, presciently warned a few days ago.
“I do think that’s the number one problem with mankind,” Warren Buffett warned during Berkshire Hathaway’s annual shareholder meeting on May 6th.
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Monday, May 15, 2017
SPX is higher, but the VIX is not beaten / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
A new high has been made. My best analysis suggests that it is a Wave [c] that is not yet finished. Wave Equality calculations at the minute [] level suggest it may end at 2415.05. At the Minor level, Wave equality may reach as high as 2437.41. The 2-hour Cycle Top is currently at 2412.07, suggesting the lower level may suffice.
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Monday, May 15, 2017
WIll Trump Tax Cuts Debt Binge Save Stock Market From Double Top Bear Plunge? / Stock-Markets / Stock Market 2017
By: Nadeem_Walayat
So is the Stock Market forming a Double Top? It was not so long ago that I would only see stocks in terms to reverting back towards their highs, after all literally since the birth of the stocks bull market I have been iterating the mantra of "The greater the deviation from the stock market high then the greater the buying opportunity presented" Whilst now it's more a kin to the greater the rally from the last significant low then the greater the probability of sudden reversal. So why am I BEARISH during 2017, when I had been BULLISH for nearly 8 YEARS!
Monday, May 15, 2017
The Chart No Stocks Bull Wants to See / Stock-Markets / Stock Market 2017
By: Graham_Summers
If you are a stock bull, congratulations, you’ve unwittingly bought the market based on abject currency manipulation and nothing else.
Stocks have been propped up via abject manipulation of the $USD/ Yen pair and nothing else. The two are been moving lockstop via one of the greatest market rigs in a history: a 10-day period in which stocks refused to move even 0.2%.
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Monday, May 15, 2017
A Shallow Stock Market Correction? / Stock-Markets / Stock Market 2017
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: Uptrend continues.
SPX Intermediate trend: The correction from 2400 on 3/08 continues, possibly as the top of the B-wave.
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, May 14, 2017
Weighing the Probabilities for EURUSD GOLD and the DOW / Stock-Markets / Financial Markets 2017
By: Enda_Glynn
My Bias: short in wave 3 blue.
Wave Structure: downward impulse wave 1, 2 blue
Long term wave count: lower in wave 3 blue
Important risk events: EUR: G7 Meetings. USD: Empire State Manufacturing Index,
Saturday, May 13, 2017
US SPX Stocks Bull Market Continues / Stock-Markets / Stock Market 2017
By: Tony_Caldaro
The SPX started the week at 2399. After a higher open on Monday and Tuesday the SPX made a new all-time high at 2404. It then pulled back to SPX 2382 before ending the week at 2391. For the week, the SPX/DOW lost 0.45% and the NDX/NAZ gained 0.50%. Economic reports for the week were mostly positive. On the downtick: the WLEI and the Q2 GDP estimate. On the uptick: wholesale/business inventories, export/import prices, the CPI/PPI, retail sales, consumer sentiment, plus weekly jobless claims and the budget improved. Next week’s economic highlights include: industrial production, the NY/Philly FED, and housing. Best to your week!
Thursday, May 11, 2017
SPX is Weaker, But No Signal / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
SPX futures are down, but not enough to give a signal, yet. The SPX may go either way, so be warned of some chaotic moments today.
ZeroHedge reports, “Asian stocks rose lifted by commodity names; European equities trade mostly lower but with little in the way of conviction or firm direction while the Italian banking index is at the highest level in a year following domestic earnings; S&P index futures are modestly in the red after the cash market closed at a record high Wednesday and investors prepared for earnings from retailers; we expect the now general vol selling program to promptly lift the S&P into new all time highs minutes after today's open.”
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Thursday, May 11, 2017
Stocks Fluctuate Along Record Highs - Topping Pattern Or Just Pause? / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
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
Thursday, May 11, 2017
Stock Market Interesting Sell-Off Day / Stock-Markets / Stock Market 2017
By: Harry_Boxer
The stock market had an interesting day today with the indices down in the morning, up midday, and rallying right to within an hour of the close, but could not get through the highs, and then a sharp sell-off ensured. They did hold secondary support, came back very sharply, and finished near the highs for the day.
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Thursday, May 11, 2017
Fast Charts and World Markets: $18 TRILLION, A Bold Forecast, Inflation(?) / Stock-Markets / Financial Markets 2017
By: EWI
See our global market charts that cover $18 TRILLION, inflation(?), and a truly bold forecast.
Wednesday, May 10, 2017
SPX Showing Weakness, but No Breakdown, Yet / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
The SPX futures have been testing yesterday’s low, but no breakdown, yet. I am still treating the peak at 2403.87 as wave [a] of 5. Since it is an (a)-(b)-(c) wave already, it may be complete, but we will not have confirmation until SPX declines beneath the Wave 4 low at 2379.75.
ZeroHedge reports, “Just as the reflation trade appeared to be finding its latest wind, after a modest rise in oil prices over the past 24 hours (now that Andurand has finished liquidating his book) and a halt to the commodity rout in China, Trump threw the markets for a loop again with his firing of James Comey, which has implications on everything from Trump's tax policy (most likely delayed due to more infighting between, and within, the two parties) to US geopolitics (will Trump launch another attack, this time against N. Korea to deflect from this scandal?)”
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Wednesday, May 10, 2017
Nasdaq 100 Rockets to New All-Time Highs / Stock-Markets / Stock Market 2017
By: Harry_Boxer
The stock market indices had a very interesting session. The Nasdaq 100 had a big gap up, and a sharp run in the morning, taking it up to over 5690, and the S&P 500 popped to 2404, both reaching new all-time highs. In the afternoon, they had a slow, 5-wave constructive pullback, although news of North Korea doing additional missile test caused the market to take a big hit. In the last fifteen minutes, they snapped back just as sharply, and actually finished up on the day on the Nasdaq 100, while the Dow and S&P 500 finished slightly lower in the red.
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Tuesday, May 09, 2017
Stock Market Option's Timing Indicator / Stock-Markets / Stock Market 2017
By: Marty_Chenard
The Option's Timing Indicator showed trend lines that were neutral while in positive territory after more convergence. The thick red line showed a down tick that was below the red trend line and below the blue trend line. [The thick red line above the red and blue trend lines usually means that a bottoming process is trying to start and below them has the potential of being serious trouble.]
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Tuesday, May 09, 2017
Stock Market May 8-11… High or Low? / Stock-Markets / Stock Market 2017
By: Ed_Carlson
In the 4/17/17 Market Update I wrote of a low-low-high interval pointing to a high on 5/11/17.
The lows of July 8, 1932 and December 9, 1974 were arguably the two most important lows of the 20th century. They lie 15,494 days apart. Adding an additional 15,494 days to the 1974 low points to a high on May 11, 2017.
In the 4/24/17 Market Update I wrote of a Hybrid Lindsay forecast pointing to a high in the period May 8-11.
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Monday, May 08, 2017
Stocks Are Back At Record High, But Will They Continue Higher? / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
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
Monday, May 08, 2017
Stock Market B Wave Still Favored / Stock-Markets / Stock Market 2017
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: Uptrend continues.
SPX Intermediate trend: The correction from 2400 on 3/08 continues, possibly as the top of the B-wave.
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, May 06, 2017
US Stock Market Resumes Uptrends / Stock-Markets / Stock Market 2017
By: Tony_Caldaro
The market started the week at SPX 2384. After a rally to SPX 2394 on Monday the market pulled back to 2380 on Wednesday, and retested it on Thursday. Then the market rallied to end the week SPX 2399, its highest level since March 1st. For the week the SPX/DOW gained 0.45%, and the NDX/NAZ gained 1.0%. Economic reports for the week were generally positive. On the downtick: the Q2 GDP estimate, the WLEI, the PCE, construction spending, ISM manufacturing and the ADP. On the uptick: personal income, auto sales, ISM services, factory orders, monthly payrolls, consumer credit; plus weekly jobless claims, the trade deficit and the unemployment rate all improved. Next week’s highlights: the CPI/PPI, retail sales and wholesale/business inventories.