Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Tuesday, December 06, 2016
Stock Market Another Round Of Buying.... / Stock-Markets / Stock Markets 2016
Another Monday morning, or any morning these days, and up we go. Italy survived the latest referendum, and with nothing negative occurring, the market decided north was the best direction for it. That's been the case, although slowly, for the past many weeks. The market retested the 2194 breakout and breached below by a bit, but, thus far, it has held its ground overall, and now it's time for it to blast away from 2194 for good. I don't know if it's a guarantee as nothing in this game is a guarantee, but it feels like it may be time to put a little distance away from S&P 500 2194 to secure the breakout for good.
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Monday, December 05, 2016
The Coming Stock Market Crash and WWIII / Stock-Markets / Stock Market Crash
Much has been written about this unsustainable bubble in the stock market and the future ramifications of a major crash. We are entering an 80-year cycle where a major crisis war is going to envelop this nation. I believe that war will again be fought in Europe and the Middle East, but will this time involve militant Islam.
By my reckoning, using Elliott Wave and Benner's Cycle, I believe the crash will occur from sometime late in 2018 into 2020/21 and could or should rival the 1929-32 crash. The War should start sometime around 2021 and should last into 2025.
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Monday, December 05, 2016
Stock Market Short-Term Correction Underway / Stock-Markets / Stock Markets 2016
Current Position of the Market
SPX Long-term trend: If the market strength persists, the long-term trend may need to be re-evaluated.
SPX Intermediate trend: SPX intermediate count to 2240 may turn out to only be a minimum projection. This will be determined by market action over the next couple of weeks.
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Saturday, December 03, 2016
The 10YR Yield and SPX Stocks Bull Markets / Stock-Markets / Stock Markets 2016
The week started at SPX 2213. After a lower opening on Monday the market pulled back to SPX 2198 by Tuesday. An OPEC pact to cut crude oil production helped the market rally to a marginal new high at SPX 2214 on Wednesday. After that the market pulled back to SPX 2187 on Thursday, and ended the week at 2192. For the week the SPX/DOW were mixed, and the NDX/NAZ lost 2.7%. Economic reports for the week were nearly all positive. On the downtick: the Q4 GDP estimate and weekly jobless claims rose. On the uptick: Q3 GDP, consumer confidence, the ADP, personal income/spending, the Chicago PMI, pending home sales, construction spending, ISM manufacturing, auto sales, monthly payrolls, the WLEI, plus the unemployment rate dropped. Fourteen positive and only two negative reports. Next week’s reports will be highlighted by consumer credit, ISM services, the ECB and factory orders.
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Friday, December 02, 2016
Is the Yellen Fed TRYING to Crash Stocks To Hurt Trump? / Stock-Markets / Financial Markets 2016
Is Janet Yellen trying to crash stocks to screw Trump?
Ever since the $USD began its bull market run in mid-2014, the Fed, lead by Janet Yellen, has intervened whenever the $USD cleared 98.
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Thursday, December 01, 2016
Stock Market Possible Breakdown... / Stock-Markets / Stock Markets 2016
SPX has overlapped Wave [i], greatly diminishing the probability of another probe to a new high. This strongly suggests that the Top is in. This is turning into a complex decline that still may have a risk of a final surge to 2122.00, but no higher.
Take the appropriate action you deem necessary, given your propensity for risk. Shorting a bounce above 2200.00 may lower the drawdown due to a possible incomplete Wave formation.
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Thursday, December 01, 2016
Stock Market Short-Term Uncertainty As Stocks Hover Along Record Highs / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,240, and profit target at 2,060, 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, November 30, 2016
Very Tough Day Wall Street / Stock-Markets / Stock Markets 2016
The stock market indices had a topsy-turvy day with a pop at the opening, a sharp selloff that held support, then a huge rally that took the Nasdaq 100 from 4849 to 4897, and the S&P 500 from 2198 to 2209. In the afternoon, they consolidated and it looked like they were going higher, but when they failed to do so, they pulled back very sharply, and took a fifty percent retrace of the whole rally, and then had a little bounce at the close. They managed to close positive. But it wasn’t a very spectacular day.
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Wednesday, November 30, 2016
Stock Market - It's the Most Wonderful Time of Year! / Stock-Markets / Stock Markets 2016
The holidays bring more than just gifts under the tree, excess calories, and rude in-laws. December and January represent two of the best months of the year. However, there is often a pause in the uptrend in early December. With US markets having experienced such an extreme "Trump Bump" since the election, patience is likely a virtue for the bears and bulls alike.
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Tuesday, November 29, 2016
Stock Market SPX Making its Final Probe Higher / Stock-Markets / Stock Markets 2016
SPX took plan A mentioned this morning, finding support at 2198.15. The limit to the rally is now adjusted to 2231.12. However, we have a trendline at 2220.00. In addition, Wave C equals .618 of Wave A at 2216.96.
Those brave souls wishing to be aggressive may wish to do a partial short position between 2217.00 and 2220.00.
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Tuesday, November 29, 2016
Trump's Presidency - Stock Market Crash or Start of New Mega-Trends / Stock-Markets / Stock Markets 2016
"A little and a little, collected together, becomes a great deal; the heap in the barn consists of single grains, and drop and drop make the inundation." ~ Saadi
Trump's win proves that mainstream Media is in trouble; it is going to be all downhill from here except for the ones that parted ways and tried to provide accurate coverage of what was going on. The crowd will turn increasingly to social media and outlets that focus on facts as opposed to fiction. Mainstream media is in for a painful ride as the crowd is not going to forgive them so easily for their transgressions; the only exceptions being the ones that portrayed an accurate image of what was taking place. Many pollsters might have to look for new jobs, and as we just stated, we feel that social media is going to be the biggest winner. Perhaps this is why Google has its eye on Twitter and has decided to donate its search engine business and in doing so take a $1 trillion business write off.
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Tuesday, November 29, 2016
Stock Market NYSE Hi-Lo Gives a Sell Signal / Stock-Markets / Stock Markets 2016
While the SPX and VIX remain flat at the open, the Hi-Lo Index took a nosedive into bearish territory. This would be considered a tentative sell signal with confirmation provided at the close, should it remain beneath the 50-day Moving Average at 60.27 or the mid-Cycle resistance at 115.21.
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Tuesday, November 29, 2016
Stock Market Overbought Pullback Today....Could Use More... / Stock-Markets / Stock Markets 2016
Today was a day for some unwinding, and we could use more. The market sold a bit today, but did so in a way where price didn't run away from the primary oscillators. That's important in the study of pullbacks because it tells us whether the internals are turning more bearish as we see some, and, thus, tells us deeper selling is likely. We should, and could get more, but thus far nothing that says something dramatic is about to take place. If the market wanted deeper selling, we would see huge gap downs on consecutive days that run lower as the day moves along. No matter how powerful a given bull market may be, you always find a time to sell when things get too overbought for too long a period of time.
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Monday, November 28, 2016
Stock Market New Record Highs, But Will The Uptrend Continue? / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,240, and profit target at 2,060, 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, November 28, 2016
Watch Tuesday, Stock Market Big Move Coming! / Stock-Markets / Stock Markets 2016
The SPX is due to go down into Wednesday. I believe the 2144/45 area beckons. The June 27 low was exactly 110 TD's from the Jan 19 low. Adding 110 TD's to June 27th gives us Nov 30, the 5 month low. This should have been the low for November. The cycles are either off or we have a huge down week ahead of us. Normally, off a wedge, the first support is the 1991 area. We never got that low.
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Monday, November 28, 2016
An Elusive Stock Market Top / Stock-Markets / Stock Markets 2016
Current Position of the Market
SPX Long-term trend: If the market strength persists, the long-term trend may need to be re-evaluated.
SPX Intermediate trend: SPX intermediate count to 2240 may turn out to only be a minimum projection.
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, November 26, 2016
US Stocks Bull Market New All Time Highs / Stock-Markets / Stock Markets 2016
The market started the week at SPX 2182. After a gap up opening Monday the market rallied to SPX 2205 by Tuesday. Then after a pullback to SPX 2195 on Wednesday the market closed out the week at a new closing high of SPX 2213. For the week the SPX/DOW gained 1.45%, and the NDX/NAZ gained 1.40%. Economic reports were mostly positive. On the downtick: weekly jobless claims and the trade deficit both increased. On the uptick: existing home sales, durable goods, the FHFA, consumer sentiment and the WLEI. Next week’s reports will be highlighted by Q3 GDP, monthly payrolls, the PCE and the FED’s beige book. Best to your week!
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Saturday, November 26, 2016
Silver Mining Stocks Q3 2016 Fundamentals / Stock-Markets / Stock Markets 2016
The silver miners recently finished reporting their third-quarter results, offering a hard fundamental look into this sector. This reality check is valuable given the fierce winds of bearish sentiment buffeting silver stocks in recent months. Despite their huge correction, the elite silver miners’ fundamentals remain strong. They are producing at costs far below prevailing silver levels, with profits poised to soar as silver recovers.
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Saturday, November 26, 2016
Stock Market Missing Piece of the Puzzle Now in Place / Stock-Markets / Stock Markets 2016
As SPX went above 2208.42 I had to ask myself, “What have I missed?”
As I observed the Wave structure, there was an anomaly. The bounce to 2171.36 had the form of an a-b-c. Either it was the beginning of an Ending Diagonal or part of another formation that I had missed.
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Saturday, November 26, 2016
MSM's Stock Market Druck'n Suck-In Continues / Stock-Markets / Stock Markets 2016
Disclosure (which I feel, given the post's content, should be reiterated): I am not short even a single equity of any kind. I am only long selected stocks and cash at this time, but surely subject to a change of status in the future.
Why, did you know that in a note to clients Tom Lee wrote that Donald Trump's term could usher in major bull market akin to those preceded by Ike and Reagan? He did, in a note to clients and the MSM really wants you to know about it! Now, there is a case that eventually his favored areas of Energy, Mining, Basic Materials, etc. will out perform. But that word "eventually" is an important one, unless you are a died in the wool trickle downer willing to ride the big correction or bear market that is likely first.
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