Category: Stock Markets 2016
The analysis published under this category are as follows.
Saturday, September 17, 2016
SPX Sell Signals Are Intact / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX is struggling to make a 50% retracement of this morning’s decline. It appears complete, but we cannot rule out an algo attack in the final minutes. SPX remains on a sell signal.
Friday, September 16, 2016
Is The SPX Stock Market Top Finally In? / Stock-Markets / Stock Markets 2016
By: Chris_Vermeulen
The market is EXTREMELY oversold and is not yet in the Trending Mode! Therefore, with NO CONFIRMED Trend and oversold momentum oscillators, the market should bounce back, early this week. The SPX was in a Bollinger Band Squeeze for 5-6 weeks, but finally broke down, last Friday, September 9th, 2016. Every asset class was down. This is NOT “buy the bounce” situation.
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Friday, September 16, 2016
Stock Market Seatbelts Buckled? / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX continued its retracement to the 76.78% retracement level, very close to the 78.6% Fib retracement. The stopper appears to be the lower trendline of the Orthodox Broadening Top. This potentially adds validity to the formation and indicates a panic decline to its Average Target.
The average decline from the bottom trendline is 23%, while the majority of those declines are usually 20% or more.
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Thursday, September 15, 2016
3 Clear Signs the US Stock Market Is Doomed / Stock-Markets / Stock Markets 2016
By: John_Mauldin
BY TONY SAGAMI : The Dow Jones Industrial Average has been going sideways ever since the Commerce Department reported that retail sales in July came to a grinding halt (0.0%).
At the same time, companies including Starbucks, McDonald’s, Ford, Burberry, and Gap are reporting disappointing sales. That means trouble in shopping paradise.
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Thursday, September 15, 2016
Stocks Extend Their Fluctuations As Investors Await Series Of Economic Data Releases / Stock-Markets / Stock Markets 2016
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook is now 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, September 15, 2016
Stock Market Double Bottom Positive Divergence Fails To Rally Market Big For Now / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
The market recently tested down to 2119 last Friday on the talk of a rate hike and poor economic reports. We saw the ISM Manufacturing Report and services come in well below expectations. Friday was painful, but the market tested down to 2019, which is still one full percent above the 2100 up trend line of massive support. After a fed Brainard rally on Monday, we saw the market head lower once again yesterday as it touched 2120. A nice double bottom at the lows, which also happened to set up a positive divergence on the short-term only, sixty-minute index charts. The daily charts aren't anything worth talking about from a bullish perspective. They're now more bearish in nature. However, a double bottom with short-term positive divergences usually means, especially in a bull market, that we'll test higher somewhat short-term.
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Wednesday, September 14, 2016
Stock Market Wild Week Ahead: The Selling is Not Through! / Stock-Markets / Stock Markets 2016
By: Brad_Gudgeon
A lot of traders I know were thinking that a low on Monday would be it and then off to the races. I was in that camp too. The problem is the rising wedge was never broken. So what now? Pretty much the same for the SPX and GDX: another strong rise on Wednesday followed by even more severe selling toward the week’s end. I’m thinking more like the SPX 2045 area by Sept 16-19.
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Wednesday, September 14, 2016
Stock Market Three Peaks and a Domed House / Stock-Markets / Stock Markets 2016
By: Ed_Carlson
Friday’s decline broke the neckline of a small head-and-shoulders pattern seeming to leave behind the cupola Lindsay described as the top of his Domed House pattern: points 21 - 25.
If the market holds to the template, the Dow should fall to point 26 and rebound to point 27 within the same price range as the First Floor Roof (points 15-20).
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Tuesday, September 13, 2016
Stock Market Freefall Episode Coming Soon... / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX has nearly retraced yesterday’s rally in an impulsive fashion. 2100.00 has already been tested in the futures. It is not likely to provide much support in this decline. The new target appears to be the December closing price at 2044.00.
Tuesday, September 13, 2016
Stock Market Expanded Zone Of Importance....Bears Do What They Do Best... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
On Friday we had one those gigantic down days we see every so often on big volume and a horrendous On Friday we had one those gigantic down advance decline line. The type of move off a top that almost always leads to more immediate down side. That is, until we moved from the stock market to the fed market where all seems to be well no matter what is taking place in the real world economy.
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Monday, September 12, 2016
Stocks Break Below Their Two Month Long Consolidation - New Downtrend? / Stock-Markets / Stock Markets 2016
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook is now 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, September 12, 2016
Stock Market Intermediate Correction Has Started / Stock-Markets / Stock Markets 2016
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: The long-term trend is up but weakening. Potential final phase of bull market.
SPX Intermediate trend: The uptrend from 1810 continues, but it has entered a corrective phase.
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, September 11, 2016
Stock Market Predicts Donald Trump Victory / Stock-Markets / Stock Markets 2016
By: Austin_Galt
Some of you know that I like to forecast fundamentals based on my view of the technicals. We have had success with this in the past predicting a No vote in the Greek referendum on the EU bailout when polls suggested the Yes vote would prevail and also recently predicting a Brexit Leave vote when a vote to Remain was clearly favoured by the polls.
I believe the markets have a sixth sense and wrote an article about this titled The Sixth Sense of Markets, produced on the 14th April 2016, which is available to view on my website.
Saturday, September 10, 2016
Stock Market SPX Downtrend Underway / Stock-Markets / Stock Markets 2016
By: Tony_Caldaro
Another boring week until Friday. The market started the week at SPX 2180. After opening at SPX 2184 on Tuesday, it dropped to 2175 in the first hour of trading, then hit a higher high at the close. On Wednesday the SPX hit the high for the week at 2188. After that it declined into the close on Friday. For the week the SPX/DOW lost 2.3%, and the NDX/NAZ lost 2.4%. Economic reports for the week were light and slightly positive. On the downtick: ISM services and the Q3 GDP estimate. On the uptick: consumer credit, investor confidence, and weekly jobless claims improved. Next week, another options expiration week, reports will be highlighted by industrial production, the CPI/PPI and retail sales. Best to your week!
Saturday, September 10, 2016
Jubilee Jolt: Dow Down 400, Stocks Smashed In Biggest Drop Since Brexit / Stock-Markets / Stock Markets 2016
By: Jeff_Berwick
It was just two days ago that we wrote, “Gold Has Biggest One Day Rally Since Brexit as Elites Rush Into Gold”.
Now, to end the week, US stocks had their biggest drop since Brexit on Friday.
The Dow Jones Industrial Average fell 394.46 points, or 2.1%, to 18085.45, and the S&P 500 declined 2.45%, while the Nasdaq Composite lost 2.5%.
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Saturday, September 10, 2016
Are These Billionaire Bets Ringing Bells at the Stock Market Top? / Stock-Markets / Stock Markets 2016
By: Graham_Summers
The billionaires are coming out of the woodwork.
Carl Icahn paid his way through Princeton playing poker. The man understands risks and has accrued one of the largest fortunes in history playing the markets. Regardless of whether or not you think he’s a shark when it comes to activism, he usually wins and wins big.
Icahn is more bearish now than at any point in his life. He has 149% NET short the market.
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Saturday, September 10, 2016
Stock Market Hard Gap Down And Run.... Fed Governor's Talking Rate Hike... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
When you have negative divergences on an index chart, or any chart for that matter, you're waiting for a gap down to occur in order to get that negative divergence to kick in and create real down side action. The gap down we saw today was quite powerful, but what was even more impressive was the gap and run lower. Many times we get a gap down, but most of the damage is done in the first few minutes. After that the market starts to recover and all is forgiven. This gap down didn't have those characteristics. Quite the opposite. It gapped down quite nicely and kept running lower. A sign of real selling from the big boys and girls who rule price. A negative divergence can be in place for weeks or months before the right candle stick hits and carries it appreciably lower.
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Friday, September 09, 2016
Stock Market Sell Signals Confirmed / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX has broken the 50-day Moving Average at 2164.60 and is challenging the 2-hour Cycle Bottom. Because this is the crash decline, it may not stop for the trendline, either.
The SPX decline has a lot of downside work to do, so don’t be surprised.
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Friday, September 09, 2016
Stock Market - The Sh-- Hits the Fan / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
Good Morning!
SPX Premarket is down, breaking through the 2-hour mid-Cycle support and challenging the 50-day Moving Average. Should the SPX open beneath the 50-day, it may open the floodgates of selling.
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Thursday, September 08, 2016
Stocks Remain Close To Record Highs, Which Direction Is Next? / Stock-Markets / Stock Markets 2016
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook is now 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