Category: Stock Markets 2016
The analysis published under this category are as follows.
Wednesday, August 03, 2016
Stock Market Retracement Appears Complete. We're Still on a Sell Signal / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX appears to have completed its retracement a little shy of Short-term resistance at 2162.30. The retracement was 45%, less than the 50% that I had suggested. The time elapsed for the round trip from top-to-top was 17 hours. This may set the tone for the next decline, as well. Investors should be at least 50% short at this time.
Wednesday, August 03, 2016
Stock Market At Danger Zone / Stock-Markets / Stock Markets 2016
By: Harry_Boxer
The stock market indices started the day off with a nasty drop, and kept dropping all day until midday when they reached my target zone at 4690 Nasdaq 100 and 2148 S&P 500, and then they rallied nicely, the Nasdaq 100 jumping about 35 points and the S&P 500 about 11-12 points. Near the end of the day, they backed off just a little, but ended up near the afternoon rally highs. Still, they closed down sharply on the day.
Net on the day, the Dow was down 90.74 at 18,313.77, about 65 points off the low. The S&P 500 was down 13.81 at 2157.03, 10 points off its low. The Nasdaq 100 was down 36.83 at 4719.21, 30 points off its low.
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Wednesday, August 03, 2016
Stock Market August Heat / Stock-Markets / Stock Markets 2016
By: Ed_Carlson
August is known for its heat and, for market participants, this August is expected to be extra-hot. Last Thursday marked the 11th straight day that SPX closed inside a 1% trading range, the first time this has ever happened. Regression to the mean tells us that a big surge in volatility is coming. Seasonality tells us that the month should end higher than it begins (which matches our Lindsay view of a Three Peaks and Domed House pattern).
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Tuesday, August 02, 2016
Stock Market Breakdown Analysis / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
A “measured” fractal may form a low at 2140.00-2145.00, then develop a bounce. However, the mid-Cycle support at 2122.54 and the 50-day Moving Average at 2112.88 may attract a lower decline toward that range.
Either way, SPX is setting up for its first bounce back to retest either sort-term resistance at 2162.08 or the trendline at 2165.00.
Many pros go short at that first pullback.
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Tuesday, August 02, 2016
Stock Market Sell Signals Made / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX has broken down beneath 2159.07. It is on an aggressive sell signal.
Tuesday, August 02, 2016
Stock Market August Starts with a Bang! / Stock-Markets / Stock Markets 2016
By: Harry_Boxer
The stock market indices started the week and month off with a bang. The day started out with a big, strong rally to new highs on the Nasdaq 100, and new all-time highs on the S&P 500, tagging 2178. But that didn’t last long. They then plunged midday, got to pullback lows and session lows on the S&P 500, tried to rally mid-afternoon in a kind of choppy, bear-flag formation, and then pulled back in the last hour, only to bounce in the last thirty minutes, finishing mixed on the day.
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Tuesday, August 02, 2016
Economic Confidence Index Plunges while Stock Market Makes Record Highs / Stock-Markets / Stock Markets 2016
By: Chris_Vermeulen
The Gallup Poll has released an Economic Confidence Index which reflects the sentiment of Americans, as it pertains to the economy.
As the stock market makes new record highs and the housing “bubble” market soars, one would expect that the “average” American would be smiling from ear to ear. However, the chart below appears to present nothing but gloom and doom. The Gallup Polls results are dumbfounding the American public as to why this divergence has occurred. I feel we have touched upon a few points as to why this is occurring.
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Monday, August 01, 2016
Stock Market More Short-Term Uncertainty As Stocks Hover Along Record Highs / 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, August 01, 2016
Stock Market Consolidation/ Correction Continues / Stock-Markets / Stock Markets 2016
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: The long-term trend is at an all-time high.
SPX Intermediate trend: The uptrend from 1810 has continued to a new high.
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, July 30, 2016
SPX Stock Market Uptrend Resumes / Stock-Markets / Stock Markets 2016
By: Tony_Caldaro
The week started off at SPX 2175, then spent the entire week trading within the two week, 20 point/1% trading range, until it nudged above it by one point on Friday. In the end the SPX made an all time high at 2177. For the week the SPX/DOW lost 0.45%, and the NDX/NAZ gained 1.30%. Economic reports for the week were negatively biased. On the downtick: Case-Shiller, consumer confidence/sentiment, durable goods, the Chicago PMI, plus weekly jobless claims rose. On the uptick: Q2 GDP, new/pending homes sales. Next week will be highlighted by monthly payrolls and ISM.
Saturday, July 30, 2016
Durable Goods....GDP, Q2 And Q1 Disasters.... Stock Market Smiles... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
The only thing it seems that can hit this market hard to the down side in a sustainable fashion would be if the market smelled a rate-hike cycle about to begin. Bad news on its own doesn't have any effect on how the market trades. The uptrend remains in place. We know this by two report s that came out this week. The first was the Durable Goods Report, which showed a number well below expectations. Folks just aren't spending on those household goods. That bad news was follow-up by really bad news on the GDP on two fronts. The Q1 number was revised way down to 0.8% growth. To add insult to injury, the market had to deal with a 1.2% number this quarter, but the number was supposed to be all the way up at 2.6% growth. That's more than just your average miss. That's a disaster!
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Saturday, July 30, 2016
Some Thoughts at the Stock Market Mountain Top / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
There are several indicators Suggesting this is the terminal move and that it may, in fact, be complete. I thought I’d review those items and put in a few more. Of course, the Triangle is a dead giveaway, but how do we know the pattern is finished?
If we accept the concept that Wave (5) is an Ending Diagonal, we can see the a-b-c structures in the motive waves. I’ll point out that Wave 3, at 19.34 points, is smaller than Wave 1 at 22.38 points. One rule to remember is that Wave 3 can never be the smallest Wave. Wave 5 at 18.02 points, fills the prescription.
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Saturday, July 30, 2016
SPX Makes a Final Thrust / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
It appears that SPX was in need of a final thrust higher to complete Wave [c] of 2. It appears that the final thrust may terminate at or near the trendline.
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Friday, July 29, 2016
False Information, Mass Psychology & this Hated Stocks Market Bull / Stock-Markets / Stock Markets 2016
By: Sol_Palha
As long as you keep a person down, some part of you has to be down there to hold him down, so it means you cannot soar as you otherwise might. Marian Anderson
Regarding today’s news, the average person is inundated with unnecessary junk. On any given day you will find experts telling you why the markets are destined to soar and or crash. News outlets are desperate for eyeballs, so they are going out of their way to make titles bombastic, and or offering multiple scenarios so that when one of them comes to pass, they can proudly state we told you so.
Friday, July 29, 2016
Good Day for the Stock Market / Stock-Markets / Stock Markets 2016
By: Harry_Boxer
The stock market indices had a very interesting day with it opening lower, then jumping higher, pulling back by midday, holding support on both indices, rallying sharply in the afternoon, and then pulling back in the last few minutes. They managed to eke out a positive day on the Nasdaq 100, which was led by Amazon.
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Friday, July 29, 2016
Is the Stock Market Tape Being Painted for Hillary? / Stock-Markets / Stock Markets 2016
By: Clif_Droke
In the old-school lexicon of Wall Street, the term "painting the tape" referred to the large scale purchase of market-moving stocks by insiders for the purpose of giving the market an appearance of strength. Painting the tape was practiced by "pools" and large firms who were in the know; it was designed primarily to present a picture of strength when there was an undercurrent of weakness. Painting the tape was also done in some cases to trick amateur traders into buying certain individual stocks by means of manipulating the stock's trading volume.
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Friday, July 29, 2016
SPX is Shaking and Rolling / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
I don’t believe that I have seen anything quite like this before. I am certain that Citadel and the central banks are doing their utmost to keep equity values at their elevated levels. It appears to be the only thing left to do to validate their existence.
Nonetheless, there appear to be cracks in the structure leading to a possible breakdown. All of this reminds me of the Tacoma Narrows bridge, otherwise known as “Galloping Gertie.”
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Thursday, July 28, 2016
Stock Market Insiders Are Secretly Selling, Cycle Top Next Month / Stock-Markets / Stock Markets 2016
By: Chris_Vermeulen
It was “Panic Buying” that pushed the Dow Jones and the SPX Indices to record highs. To be sure there is trouble brewing in this rally. Smart money has left the stock market, as the charts at the end of this article will display!
While Wall Street insiders appear to know that something is seriously amiss with the economy, no one is warning the retail investor.
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Thursday, July 28, 2016
SPX Premarket is Flat / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX Futures are still on a rollercoaster as the earlier rise in the Premarket is given up to a flat scenario.
ZeroHedge reports, “Following yesterday's Fed decision and ahead of tonight's far more important BOJ announcement, European stocks have posted modest declines, Asian shares rise toward 9-month highs, while U.S. equity index futures are fractionally in the green in the aftermath of Facebook's blowout earnings. The dollar has extended on losses after Yellen reiterated a gradual approach to raising interest rates, with the BBDXY down 0.5% in early trading after slipping 0.4% over the previous two sessions.”
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Thursday, July 28, 2016
Stock More Short-Term Uncertainty - 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