Category: Stock Markets 2016
The analysis published under this category are as follows.
Thursday, January 07, 2016
Stock Market Major 5-year Trendline Crossed / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
It appears that SPX has violated its (nearly) 5-year trendline that appears to be in the mid 1950’s.
I normally would not be watching this since the more technically correct trendline was violated in August. However, there are multiple analysts who have been using this as a “line in the sand.”
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Thursday, January 07, 2016
Making Heads or Tails of This Stock Market / Stock-Markets / Stock Markets 2016
By: EWI
We don't have all the answers. But we do have 30-plus years of market experience on our side.
As the books were closed on 2015, the Chicago Tribune reported:
Read full article... Read full article..."After a dismal stock finish to 2015, your natural conclusion might be: Why did I bother?
Thursday, January 07, 2016
Stock Market Perfect Storm! / Stock-Markets / Stock Markets 2016
By: John_Rubino
One of the (many) fascinating things about this latest global financial crisis is that there’s no single catalyst. Unlike 2008 when the carnage could be traced back to US subprime housing, or 2000 when tech stocks crashed and pulled down everything else, this time around a whole bunch of seemingly-unrelated things are unraveling all at once.
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Thursday, January 07, 2016
Stock Market Inflection Point, Breakouts, Gold, Commodities / Stock-Markets / Stock Markets 2016
By: Rambus_Chartology
Today felt like an inflection point in gold and the INDU with both breaking important trendlines. As there is alot of ground to cover tonight lets get right to the charts starting with the daily look at the INDU. Today the INDU finally closed below the bottom rail of the now seven point bearish falling flag and the double bottom trendline at 16,920. This was a big deal IMHO. We may see a little backing and filling in this general area but today's move clearly setup a pattern of lower highs and lower lows. Note the six point bearish falling wedge that formed back in July of last year. As it formed below the previous high it needed an even number of reversal points to complete the pattern to the downside. Because our current seven point bearish falling flag formed at the top it needed to have an odd number of reversal points to make a reversal pattern. One last point on the chart below which shows two red arrows one point up and the other pointing down. As you can see the rally out of the low made in October was vertical only taking three days. The red arrow pointing down shows how it's possible we may see the INDU reverse symmetry back down over the same area as shown by the red arrow pointing up.
Thursday, January 07, 2016
Stock Market Bend, Bend, Bend.... Break / Stock-Markets / Stock Markets 2016
By: Dan_Norcini
The S&P 500 has been bending over the last three trading sessions ( first three trading days of this New Year) but refused to break down. Overnight however, that has changed, at least during Asian trade and very early European trade.
Notice how the index has dropped below the 2000 level twice to start the year but always managed to close back above that level. On Wednesday, the market broke down below that key 2000 level but rebounded heading into the closing bell to avoid managing to close below the spike lows in December and on Monday of this week.
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Thursday, January 07, 2016
Stock Market Negative Expectations Again, Following Asian Markets' Rout / Stock-Markets / Stock Markets 2016
By: Paul_Rejczak
Briefly: In our opinion, no speculative positions are justified.
Our intraday outlook is now 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): bearish
Long-term outlook (next year): bullish
Thursday, January 07, 2016
Stock Market Bears Trying....Bull-Bear Nearing Zero... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
What an interesting night we had last night. N. Korea blowing up a hydrogen bomb and causing a 5.2 earthquake. China had a terrible services number and also put a ban on selling. Government intervention to save its own hide at its best. The markets didn't take well to the news overall as one would expect. This caused a gap down in our futures below key 1993 S&P 500 support. Not to worry. As usual, the market found a way to hold off the bears. Seven years of this, so that was no surprise to anyone. It's an old story.
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Wednesday, January 06, 2016
Stock Market Retracement Underway / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX is struggling with the 2-hour Cycle Bottom resistance at 2001.88 in a probable retracement Wave (c). Yesterday’s bounce high at 2021.94 appears very near the 38.2% retracement level, using today’s new low as the starting point. The 50% retracement level is at 2033.50, not far from Intermediate-term resistance at 2039.72.
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Wednesday, January 06, 2016
SPX Gapping Down Hard / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
Good Morning!
The SPX is set for a massive gap down. The Premarket is -36.00 as I write.
The key may have been the Chinese “surprise” devaluation. ZeroHedge writes, “Less than a month ago, and just days after the Yuan was finally inducted into the IMF's hall of reserve currency fame, the Chinese Foreign Exchange Trade System, a part of the PBOC, made it very clear that what was about to happen would not be pretty, when it announced - in a statement which clearly everyone ignored - that going forward it would index the relative strength of the CNY not to the USD but the a basket of currencies (against which the USD to which it is pegged has been soaring).“
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Wednesday, January 06, 2016
Stock Market’s Remaining Pillars Are Crumbling / Stock-Markets / Stock Markets 2016
By: John_Rubino
Once every decade or so investor credulity reaches a point where even seasoned money managers buy into the notion of “one decision” stocks — that is, shares of companies so insanely great that they’re virtually guaranteed to keep going up. Valuation is irrelevant, as is the state of the economy. Nothing matters but the unbeatable business model/technology/visionary leadership of such companies, so owning their stocks is as close to risk-free investing as it’s possible to get.
Tuesday, January 05, 2016
SPX Opening Weak. Will the Decline Resume? / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
Good Morning!
SPX appears to be struggling below yesterday’s close in the Premarket. Although anything can happen with HFTs, we may expect to see a resumption of the decline below the Cycle Bottom at 2007.99. Chinese intervention in their market failed to break the rout in the overnight markets.
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Tuesday, January 05, 2016
Stock Market 2016 Further to Fall - Video / Stock-Markets / Stock Markets 2016
By: Gary_Savage
I think the 7 year cycle low still has unfinished business. One way or another, either through a normal stair stepping down correction, or a market crash if the government continues to intervene in the markets, stocks still need to fall further before the next leg of the bull market can begin.
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Tuesday, January 05, 2016
SPX May Have a Completed Reversal Pattern / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
SPX made a perfect five-wave decline and (thus far) a 25% retracement. If SPX is in a Wave C decline, that is all it needs to be complete. The shape of the fractal is intriguing, implying that Wave [iii] may have a minimum target of 1795.00…
The market may have been saved by a $2-3 billion late-day bid out of nowhere. If this is the beginning of Wave C, the retracement may be finished already. Otherwise, I would suggest a target at the 38.2% retracement at 2024.63 at the open tomorrow.
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Tuesday, January 05, 2016
Manufacturing Hits The Global Stock Markets... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
The market futures were up a bit early last night. The S&P 500 was up about six points, while the Nasdaq was flashing upward action by fifteen points. A nice way to start the new year after a poor 2015. The last two days of the year 2015 were nasty, thus, the bulls were looking for something positive to break the chain of poor-trading action. The good news didn't last long as China reported news on their manufacturing front, and it was ugly to say the least. Ugly to the tune of being down between seven and eight percent.
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Monday, January 04, 2016
Stock Market Melt Down at Hand? / Stock-Markets / Stock Markets 2016
By: Brad_Gudgeon
Over the weekend I had written that I believed the market would go up first before dropping. I had based that on the normal Mercury retrograde topping action of the past. I also warned that the market was acting screwy too and the unexpected may happen, especially in light of recent events and the horrible astros this week. My subscribers were warned over the weekend that if the market fell hard Monday, the meltdown scenario would likely be in play for the week.
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Monday, January 04, 2016
All Stock Market Indicators Are On a "Confirmed Sell" Signal / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
I’m switching over to the daily charts to add perspective to the view.
SPX has now declined beneath all visible supports after testing the 2-hour Cycle Bottom. SPX has been coiling since the beginning of November. It now appears that SPX is completing its first impulsive (5-wave) decline. If you draw a trendline from 1074.00 (October 4, 2011) to August 24, 2015 at 1867.01, we may find support at that trendline near 1970.00.
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Monday, January 04, 2016
The Incredible Commodities - Stock Market Divergence and What it Portends... / Stock-Markets / Stock Markets 2016
By: Clive_Maund
As we approach the end of the year we are going to review one of the most extraordinary divergences that we have witnessed in modern times. This is very important because once you grasp the magnitude of this divergence and what it implies, you will be able to position yourself to firstly avoid harm and secondly capitalize on a reversion to the mean of this divergence, which, because it is so extreme, looks inevitable.
The divergence that we are referring to is the collapse of the Commodity sector in recent years, as the broad stockmarket has continued to ascend into the stratosphere.
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Monday, January 04, 2016
Stock Market Probable Gap Down / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
Good Morning and Happy New Year!
What a way to start off the year. The SPX Premarket appears to have gapped down to challenge the 2-hour Cycle Bottom support at 2011.42. It appears the cash market may open beneath that support. However, there could be an attempted bounce there, should support hold. Should the decline break through and exceed the prior lows, the damage may be severe, since there is no visible support to the Head & Shoulders neckline near 1880.00.
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Monday, January 04, 2016
Stock Market 2016, This Time Isn't Different / Stock-Markets / Stock Markets 2016
By: James_Quinn
Last year ended with a whimper on Wall Street. The S&P 500 was down 1% for the year, down 4% from its all-time high in May, and no higher than it was 13 months ago at the end of QE3. The Wall Street shysters and their mainstream media mouthpieces declare 2016 to be a rebound year, with stocks again delivering double digit returns. When haven’t they touted great future returns. They touted them in 2000 and 2007 too. No one earning their paycheck on Wall Street or on CNBC will point out the most obvious speculative bubble in history. John Hussman has been pointing it out for the last two years as the Fed created bubble has grown ever larger. Those still embracing the bubble will sit down to a banquet of consequences in 2016.
Monday, January 04, 2016
Stock Market More Correction Ahead / Stock-Markets / Stock Markets 2016
By: Andre_Gratian
Current Position of the Market
SPX: Long-term trend - Still a Bull Market
SPX: Intermediate trend - The index may have made a secondary top at the 2116 level and started another decline of intermediate duration.
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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