Category: Stock Index Trading
The analysis published under this category are as follows.
Tuesday, November 10, 2009
Stocks Bull Market Destroys the Crash Bears Again / Stock-Markets / Stock Index Trading
By: Nadeem_Walayat
Seems like Déjà vu where virtually on every correction the mega perma-bears re-emerge to pronounce the demise of the bear market rally only to be beaten back down by the subsequent rally to a new high for the move as we witnessed today with the Dow closing above the previous mid October peak of 10,120, by closing at 10,226.
Monday, November 09, 2009
Stock Market Slays the Doomsayers... Pullback Due.. / Stock-Markets / Stock Index Trading
By: Jack_Steiman
Of course, that doesn't mean we can't and won't pull back because we will. We will have selling episodes that feel bad, but with the bears unable to take out those 50-day exponential moving averages with force, there is nothing bad going on for the bulls. We did break below on a closing basis on the S&P 500, but barely. The Nasdaq lost by a bit more but the Dow never broke. I wrote a nightly commentary on this.
Read full article... Read full article...
Monday, November 09, 2009
Stock Market On a Glide Path Towards Dow 11,000 / Stock-Markets / Stock Index Trading
By: Paul_J_Nolte
All the market and the economy are asking for is a little bit of respect. The expectation of better economic news, coupled with above estimated earnings has put the equity market on a glide path towards 11,000 over the course of the next few months. The economy is on a bumpy recover, with manufacturing replacing all the stuff bought over the past six months (inventory rebuild), while productivity of American workers is through the roof. So goes the bullish argument. However, the king of lagging indicators, unemployment is not really showing signs of “expansion”.
Read full article... Read full article...
Sunday, November 08, 2009
Nasdaq SOS Timing Indicator / Stock-Markets / Stock Index Trading
By: Jay_DeVincentis
Here’s a quick update.
Here is this week’s SOS Timing Indicator:
Sunday, November 08, 2009
Stock Market Money for Nothing and Chop for Free! / Stock-Markets / Stock Index Trading
By: Piazzi
To the optimist, market held its own, looking to the future, and past the dismal job number.
To the pessimist market is rigged, and money is printed by the bundle and delivered on the wire to buy ETFs and futures.
Sunday, November 08, 2009
Familiar Feel to S&P 500 Stock Market Rally Strength / Stock-Markets / Stock Index Trading
By: Mike_Paulenoff
The strength of this week's upmove in the S&P 500 had a familiar 'feel'; to it. Why? After such a nasty close last Friday, prices managed to avert a plunge on Monday morning, turned up, and (perhaps with a nudge from Warren Buffet on Tuesday morning) did not look back. Friday's 'bad news is good news'; reaction to the Employment Report turned out to extend, perhaps fuel, additional strength for a fourth up-day this week.
Saturday, November 07, 2009
Stock Market Settles In To A Trading Range / Stock-Markets / Stock Index Trading
By: Jack_Steiman
We have a market setting up in what is clearly becoming more of a longer term lateral consolidation off the huge move up from the march 9th lows. Longer term lateral consolidations are usually what takes place after a strong move has been made one way or the other for a prolonged period of time. we had a huge move higher and instead of just quitting and rocking lower as many are calling for, this market is confusing the masses by setting up a whipsaw lateral consolidation that is playing heavily on the emotions of those who over trade.
Friday, November 06, 2009
The Twist on the SPY's "Squeeze" / Stock-Markets / Stock Index Trading
By: Marty_Chenard
Remember last week when we discussed: "The SPY squeeze"?
In that update, we mentioned that: "the SPY's bottom support is rising toward the gap's resistance line." We mentioned it was a "squeeze" because the distance between the resistance and support was becoming a smaller and smaller as every day went by. In other words, resistance and support are converging on each other.
Read full article... Read full article...
Friday, November 06, 2009
Stock Market Investors Open Mind Warning on Highest U.S. Unemployment In 26 Years / Stock-Markets / Stock Index Trading
By: Chris_Ciovacco
Investors Are Wise To Remain Flexible: The bearish spin on unemployment is obvious. The bullish spin is weak employment means low interest rates which is good for asset prices. Another possible spin by the bulls is "sell the rumor (weak employment) and buy the news (Friday's report)". Ultimately, it matters how the market (in the collective minds of participants) chooses to spin it, not how we at CCM choose to spin it. Nor does it matter how any one individual, one columnist, one market guru, one money manager, one firm, or one talking head chooses to spin it.
Friday, November 06, 2009
Stock Market Rydex Market Timers Are Extremely Mixed / Stock-Markets / Stock Index Trading
By: Guy_Lerner
Figure 1 is a daily chart of the S&P500 with the amount of assets in the Rydex Money Market Fund in the lower panel.
Thursday, November 05, 2009
Stock Market Bulls Snap Back...Take 50's With Them..For Now... / Stock-Markets / Stock Index Trading
By: Jack_Steiman
Are we having fun yet? This whipsaw is classic. It's more the sign of a mature market that needs a lateral consolidation due to the great move it made over the past few months. Mature meaning, upside isn't easy but difficult to kill because the economic news and earnings reports are so good overall. Push and pull which allows a longer term lateral basing pattern to form to cool down the oscillators and emotions from a too bullish perspective. Now, even though we never got overly bullish in sentiment, it never hurts to get the average individual a little more cautious if not bearish.
Thursday, November 05, 2009
Any Way You Slice It, We’re at a Stock Market Top / Stock-Markets / Stock Index Trading
By: Graham_Summers
As you’re no doubt well aware, the US stock markets have been on an absolute tear since March 2009. Indeed, October stands as the first month stocks closed at a loss this year, which means the market had seven straight winning months in a row. This HAS to be some kind of record.
Wednesday, November 04, 2009
S&P 500 Stock Market Trends Analysis for November 2009 / Stock-Markets / Stock Index Trading
By: Hans_Wagner
Starting with the indexes gives an overall perspective to the markets. This is monthly chart for the S&P 500 showing 20 years of performance. Since this index is the one used by professional traders, it is important to understand how it is performing. This chart is also excellent for defining the longer-term trends for the market.
Wednesday, November 04, 2009
Still Many Broken Charts Despite the Stock Index Rallies / Stock-Markets / Stock Index Trading
By: Trader_Mark
Something that has been apparent lately is the weakness in small and mid caps, masked by the relative strength in large caps. We can see this in the indexes - while we've corrected some in both NASDAQ and S&P 500 it is nothing like what I am seeing on individual stocks.
Wednesday, November 04, 2009
Stock Market Going Nowhere... / Stock-Markets / Stock Index Trading
By: Jack_Steiman
I can try to think of a catchy title but what a waste of time. Only thing to say is what I said. We are Nowhere folks! The tape isn't a thing of beauty for either the bulls or the bears. It's playing, on almost a daily basis, with the 50-day exponential moving average on the S&P 500 while trading above it on the Dow and below it on the Nasdaq. A hunger for lower beta and lower P/E's is the story these past few weeks. That happens when markets, at the very least, are in correction mode. We fell 7% off the highs but there's been no follow through at the 50-day exponential moving average on the S&P 500, and considering we have the financials living there, they will have to falter much harder than they've already done for the S&P 500 to start looking truly bearish in nature.
Read full article... Read full article...
Tuesday, November 03, 2009
Is The Stock Market Starting to Fail? / Stock-Markets / Stock Index Trading
By: Andrew_Abraham
The proverbial question is we in a V shaped recovery or a Bear Market Rally. Without predicting (One word every true trend follower hates) there are signs becoming apparent the stock market rally from March might be coming to an end. There are technical indicators which are pointing to weakness as well as recent economic figures are beginning to disappoint investors hoping for a recovery.
Read full article... Read full article...
Monday, November 02, 2009
Stock Market Support Holds..Nothing Good Either Way.... / Stock-Markets / Stock Index Trading
By: Jack_Steiman
The bears are trying. I'll give them that. After all, they've taken out the 50-day exponential moving average on the Nasdaq and have kept it below for a few days now. The S&P 500 is playing leap from the 50-day exponential moving average.
Sunday, November 01, 2009
Stock Market Down Draft Warning / Stock-Markets / Stock Index Trading
By: Guy_Lerner
Since October 10, I have been singing a new tune and warning that "there is probably greater risk of a market down draft now than in past weeks," and on October 17, I even underlined these words for emphasis. I think this past week's high volume selling would qualify as a market down draft.
Saturday, October 31, 2009
Ominous Technicals for S&P 500 Index / Stock-Markets / Stock Index Trading
By: Mike_Paulenoff
Friday's action could have been one of the more destructive technical
sessions in recent memory. Not only did the day's weakness totally reverse
Thursday's upside reversal gains, it closed on the low for the day and for
the week. Furthermore, let's notice that on the enclosed weekly chart that
this week's close broke and sustained beneath 1) the Aug-Oct support line;
2) the 10-week (or 50-day) MA; and 3) the major up trendline that originated
off of the March 2009 low at 666.79. Finally, let's notice the very
negative juxtaposition of the weekly slow stochastics and the weekly RSI.
Saturday, October 31, 2009
Stock Market Negative Divergences Kick In Hard... / Stock-Markets / Stock Index Trading
By: Jack_Steiman
I've been talking quite a bit lately about the very nasty negative divergences across the major indexes on the daily charts. In many cases, quadruple negative divergences. That's not something you see very often. When it takes place, at some point in time there will be a price to pay for that type of set up. We are seeing that take place now. The sad thing is, if you're a bull, these set ups often end a bull market. Once the wedges go, there's no looking back.