Category: Stock Markets 2015
The analysis published under this category are as follows.Friday, April 17, 2015
NASDAQ Stock Index Diverging From SP500 / Stock-Markets / Stock Markets 2015
The NASDAQ is showing the same type bearish divergence from the S&P 500 last seen from Nov 28 to Dec 5, 2014. The Lindsay top has a variance of 222/225 trading days placing the last possible top for the S&P 500 on Monday, April 20, 2015. From Dec 5 to Dec 16, 2014, the S&P 500 fell about 5.46% top to bottom over 7 trading days. Following the same pattern places the next low on the FOMC meeting date of April 29, 2015, which also happens to be a Wall Cycle low of 11.25/33.75 trading days from the series starting on Mar 11, and following on Mar 26 and April 14.
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Thursday, April 16, 2015
US Stock Market Will Likely Drop 5% by Next Week! / Stock-Markets / Stock Markets 2015
Last weekend, I expected the US stock market to drop suddenly from Monday into Tuesday. While I expected about close to a 2% drop, we got closer to a 1% drop instead (I give myself a C grade there). Out of this cycle low Tuesday (Gann 4/8/12 and Wall Cycle 22.5 TD low), we rallied 1.3%. I also talked about the prevailing 32 TD top due Thursday this week, which I believe came a day early on April 15th. There has been much talk about Lindsay's methods, and his method agrees with me that we made an important top on April 15th.
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Thursday, April 16, 2015
Stock Market Getting Overbought Short Term Again Near The Breakout..... / Stock-Markets / Stock Markets 2015
Overall, the action was solid today. It approached the breakout as the S&P 500 neared 2119, but it wasn't meant to be. The sixty-minute short-term index charts hit 70 RSI, and that was the end of the rally for the day. The market pulled back some over the last twenty minutes. No breakout today, but that doesn't mean it won't happen as the daily-index charts are looking better. Nothing bearish in terms of the oscillators. They are confirming price. This is on the daily charts.
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Wednesday, April 15, 2015
What's going on with the Dow Jones Transportation Index? / Stock-Markets / Stock Markets 2015
The best way we can describe the Dow Jones Transportation Index is that it is a little higher than than last week at this time, but it is still at the lower end of its trading range.
The Transportation Index has been in a trading range since the end of last October. The Index is not very strong at this time, so it is in a higher-risk condition.
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Tuesday, April 14, 2015
Hybrid Lindsay Stock Market Forecast for a Top Near April 15 / Stock-Markets / Stock Markets 2015
With Friday’s breakout from the symmetrical triangle (formed during March and early April) equities should be off to the races and on their way to the triangle’s target of 2,175, right? While there is no reason to doubt the breakout or the target, “off to the races” may be too strong of term for now as there is a Hybrid Lindsay forecast for a high near April 15.Read full article... Read full article...
Tuesday, April 14, 2015
All Indicators Are on an Aggressive Stock Market Sell Signal / Stock-Markets / Stock Markets 2015
As SPX approaches the 2-hour mid-Cycle support at 2082.30 and the 50-day Moving Average at 2079.52 we are likely to see a bounce. However, all indications are that it will be short-lived. SPX will be on a confirmed sell signal beneath the 50-day Moving Average.
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Tuesday, April 14, 2015
The Ball is in the Stock Market Bulls Court / Stock-Markets / Stock Markets 2015
SPX
We went into last week with two ideas, with the bearish crowd proclaiming a crash was due once 2040SPX had been broken, it seems the majority of traders were just too bearish, low and behold as if by magic the magic hand comes to the rescue and supports the market in Globex. The move last week supports the idea now that the market is likely going to make a new all time highs for wave 5 of an ending diagonal, that's the preferred idea now, although we could see a small pullback, staying above 2060SPX helps the bullish case and target new highs towards 2125-40SPX.
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Tuesday, April 14, 2015
Do We Now Have a Stocks Bull or Bear Market? / Stock-Markets / Stock Markets 2015
If you have gone to StockTiming.net (.net) in the past, you have seen the formula for creating a Monthly, long term Bull/Bear market chart.
This morning, I would like to post the chart and make a few comments.
The chart is below and under a lot of stress. There is a Federal Reserve impact going on because of the Inflowing Liquidity levels.
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Tuesday, April 14, 2015
Stock Market Sixth Sense / Stock-Markets / Stock Markets 2015
The argument between fundamental and technical analysis is an old one and is unlikely to be resolved any time soon. I generally find those that bash technical analysis just don't understand the whole concept of it. Many snub their noses at it, perhaps dismissing it because they don't understand it. Perhaps they are too brainwashed or lazy to even bother trying to understand. That's fine.
Some ask sneeringly, how does technical analysis predict a black swan event? It doesn't. Neither does fundamental analysis. However, the advantage of technical analysis over fundamental analysis is that it provides clues that something may be about to happen.
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Monday, April 13, 2015
Stock Market Printing False Hope in a False Reality / Stock-Markets / Stock Markets 2015
Western, especially U.S., equities have become the leading sentiment indicator for the masses. And while the masses are not necessarily participating, a closer look at this false dawn reveals that the rise of equity buying panic may actually be the leading negative sentiment indicator.
Still buying into the market are only those who still have a job with a matching 401K, and a greater proportion of these individuals are just collecting the match and holding it in "safe" mode.
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Monday, April 13, 2015
Stocks Extended Short-Term Uptrend - New All-Time Highs Ahead? / Stock-Markets / Stock Markets 2015
Briefly: In our opinion, no speculative positions are justified.
Our intraday outlook is neutral, and our short-term outlook is neutral:
Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): bullish
Monday, April 13, 2015
Stock Markets Breaking Out Worldwide - Buy the Dips Ride the Trend / Stock-Markets / Stock Markets 2015
In this report I would like to show you some charts on the US stock markets along with some overseas markets as things are starting to heat up. It’s beginning to look like a world wide event taking place. Some of the European stock markets are breaking out of huge bases along with some Asian countries. Even in the US several of our stock market sectors are just a stones throw away from breaking out to new highs. I think it’s a good thing to see a lot of the worlds stock markets in bullish mode.
First lets take a look at several US stock markets and then we’ll move on and look at some overseas markets to get a feel for this bull move that is getting underway. As you will see some stock markets are stronger than others and that is where we’ll focus some of our attention.
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Monday, April 13, 2015
Stock Market Accumulation or Distribution / Stock-Markets / Stock Markets 2015
Current Position of the Market
SPX: Long-term trend - Bull Market
Intermediate trend - Is the 7-yr cycle sketching an important top?
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. They are important adjuncts to the analysis of daily and weekly charts which ultimately indicate the course of longer market trends.
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Sunday, April 12, 2015
Reduce Your Next Year's Tax Bill – Starting Today / Stock-Markets / Stock Markets 2015
Dr. David Eifrig writes: If you're like me, April 14 can be a painful day.
It's the day before "Tax Day" here in the U.S., when individual income tax returns are due to the IRS.
No matter your politics... or your thoughts on what the tax rate should be... it hurts to see that final number of just how much you've paid in taxes this year. It's difficult not to imagine what you could buy with those thousands of dollars. Or how much you could boost your savings.
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Sunday, April 12, 2015
In This Inverted Stock Market, Down is Up / Stock-Markets / Stock Markets 2015
Michael E. Lewitt writes: Stocks ended last week back near all-time highs after a string of more bad economic news. At this point in an aging bull market,that's like saying stupid is smart, black is white, or Hilary Clinton has not been running for President since stepping down as Secretary of State.
Not only is bad economic news problematic for the market, but it is being rendered even worse by the policy response by central banks who are destroying the value of money and regulators who have drained markets of liquidity.
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Sunday, April 12, 2015
Stock Market About to Hit Sudden Air Pocket! / Stock-Markets / Stock Markets 2015
I warned back a few days ago that the market looked tired. We got a few more points since then as the FED minutes on Wednesday help fuel the market higher. The set up is there for another "sudden 2% drop" like we had on Mar 31-Apr 1 early next week. The chop continues and the smart money keeps selling to the public while the FED cheers them on! Don't worry its OPEX week, and we have the new moon as well Pluto retrograde and Mars sq. Jupiter to help us recover later in the week!
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Saturday, April 11, 2015
Stocks Bull Market Continues / Stock-Markets / Stock Markets 2015
The market started the week gapping down from SPX 2067, Friday’s close, to 2057. That opening gap down was the low for the week. The market then rallied to SPX 2090 on Tuesday, pulled back to 2073 on Wednesday, then hit 2103 on Friday. Despite all the choppiness the market had a good week. For the week the SPX/DOW gained 1.70%, the NDX/NAZ gained 2.35%, and the DJ World gained 1.90%. Economic reports for the week were sparse but again tilted to the upside. On the uptick: consumer credit, wholesale inventories, export prices, the WLEI, and the MMIS. On the downtick: ISM services, import prices, plus weekly jobless claims rose. Next week’s reports are highlighted by Industrial production, Retail sales, the CPI/PPI and the FED’s Beige book.
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Saturday, April 11, 2015
Stock Market Bulls Keep It Moving Higher... / Stock-Markets / Stock Markets 2015
Nothing seems to derail this market. This is why you always stick with the trend in place until you get the type of reversal stick, or sticks, over the course of many days that says the trend in place has ended. We have come very close quite a few times to seeing that take place, but we have yet to see it actually occur. The game will test you mentally day after day. That's the real problem with trading instead of longer term investing. Long-term players don't get, or have to get, emotional since they aren't really following things daily. Traders not only follow daily, but many follow minute by minute. The market hasn't made the big move up and out over 2119 yet, but it's working its way up there.
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Friday, April 10, 2015
Stock Market Pivotal Events - History is Fact / Stock-Markets / Stock Markets 2015
In writing this post I came to realize that its subject matter is too expansive for any single post. So consider this an introduction to a series of posts that I'll probably do in the coming months, as facts come to the fore and lend themselves to historical analysis. Two examples are presented below.
You might not be the type who needs or cares to subscribe to commercial market commentary/advice/trading/management services, but one thing we all can do is work through the freely available stuff calling itself 'analysis' flying around out there at warp speed and cull what is based on facts or honestly produced analytical work from the other garbage that is all too often based on ego, bias or agenda.
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Friday, April 10, 2015
Stock Market Showing Signs of Fatigue / Stock-Markets / Stock Markets 2015
Last time I wrote, I was dealing with the futures sell-off when the market was closed on Good Friday. I had been expecting strength into Monday, but the futures down move of almost 20 points made me rethink an alternative scenario. As it was, we didn't have to sell the longs and held them into Tuesday where we sold at 2087 SPX and went short. The rest of the week was spent in a grinding, sideways, up and down market where it finally resolved itself to near 2093 today (closing at 2091). We remain short.
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