Category: Stock Markets 2019
The analysis published under this category are as follows.Tuesday, October 22, 2019
Stock Market Indexes Struggle and TRAN suggests a possible top / Stock-Markets / Stock Markets 2019
Nearing the end of October, traders are usually a bit more cautious about the markets than at other times of the year. History has proven that October can be a month full of surprises. It appears in 2019 is no different. Right now, the markets are still range bound and appear to be waiting for some news or other information to push the markets outside of the defined range.
We still have at least one more trading week to go in October, yet the US markets just don’t want to move away from this 25,000 to 27,000 range for the Dow Industrials. In fact, since early 2019, we have traded within a fairly moderate price range of about 3200 points on the YM – a rotational range of about 11% in total size. Historically, this is a rather large sideways trading range for the YM – nearly 3x the normal volatility prior to 2015.
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Monday, October 21, 2019
Stock Market Stalls: Caution Ahead / Stock-Markets / Stock Markets 2019
Equity markets have once again moved to all time highs esp in the US but action at the top is dicey and looks suspicious.
Key stocks are analysed below and we can see the stall in momentum which is often a harbinger of things to come.
AMZN- Stalling under the 50-day moving average after back testing the up trend line. AAPL - Stalled out all week, flat to Friday's close. FB - Stalling at last months high, trying to bounce off the 50-day moving average but below the trend line. GOOGL - Stalling at resistance NFLX - Stalled and reversed at the channel line. Falling below the 50-day moving average. MSFT - Stalling at resistance, falling below the 50-day moving average today. ADBE - Stalled at the 50-day moving average, falling below the topping pattern neck line.
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Monday, October 21, 2019
More Stock Market Congestion (Distribution) / Stock-Markets / Stock Markets 2019
Current Position of the Market
SPX: Long-term trend – There are no clear signs that the bull market is over.
Intermediate trend – Most likely building intermediate top.
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 discusses the course of longer market trends.
Daily market analysis of the short-term trend is reserved for subscribers. If you would like to sign up for a FREE 4-week trial period of daily comments, please let me know at ajg@cybertrails.com
Thursday, October 17, 2019
Stocks Are Preparing For a Blow Off Top / Stock-Markets / Stock Markets 2019
Stocks broke the all-important level of 3,000 on the S&P 500 yesterday. The market is now forming a triangle formation.
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Thursday, October 17, 2019
Stocks Don’t Care About Trump Impeachment / Stock-Markets / Stock Markets 2019
“Would Trump’s impeachment crash the market?”
A reader asked me after House Speaker Nancy Pelosi announced a formal impeachment inquiry into President Trump’s dealings with Ukraine.
A lot of people have a vague sense that impeaching Trump is bad for stocks. Political chaos means stocks go down, right?
Well, no—not necessarily. If history is any guide, fundamentals and not politics drive the stock market.
Thursday, October 17, 2019
Stock Market Future Projected Cycles / Stock-Markets / Stock Markets 2019
I mentioned this already so just ignore if you are not interested, but just a reminder that you registered to get my weekly free analysis, you have likely read my articles or watched the analysis videos which we have been nailing nearly every market move this year, but for some reason, you stopped?
Why did you stop? This is IT! This is the ONE THING…that SINGLE trading and investment newsletter that’s going to turn into the greatest decision you’ve ever made.
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Wednesday, October 16, 2019
Stock Market Dow Long-term Trend Analysis / Stock-Markets / Stock Markets 2019
Long-term Trend Analysis
The past 2 years have seen repeated failures to decisively breakout to new highs resolving in significant corrections. Last year's failure resolved in a major downtrend from 27k to 21.7k. Are we in for a similar fate this year?
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Wednesday, October 16, 2019
Stock Market Dow Elliott Wave Analysis Forecast - Video / Stock-Markets / Stock Markets 2019
ELLIOTT WAVES
My analysis of Feb 2019 concluded in expectations for a 5 wave bull run during 2019 targeting new all time highs of around 28k.
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Wednesday, October 16, 2019
Stock Market Roll Over Risk to New highs in S&P 500 / Stock-Markets / Stock Markets 2019
As global risks continue to rise and collect, equity markets rise as wave of bond market flows lift the risk markets globally. As the old saying goes, buy equities when there is blood on the streets. With Turkey fighting in Syria, risks are tilted to the downside for equity markets.
we remain in a fragile period where the possibility of a phased trade deal may not be enough to bring buyers into the markets. With earnings season due to start next week, anxious investors will soon have even more to worry about.
We analyse some charts and key fundamental data points.
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Tuesday, October 15, 2019
Dow Stock Market Short-term Trend Analysis / Stock-Markets / Stock Markets 2019
TREND ANALYSIS
Short-term Trend Analysis
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Tuesday, October 15, 2019
US Major Stock Market Indexes Retest Critical Price Channel Resistance / Stock-Markets / Stock Markets 2019
News, again, drives the US stock market and major indexes higher as optimism of a US/China trade agreement floods the news wires. As we’ve been suggesting, the global markets continue to be news-driven and are seeking any positive news related to easing trade tensions and capital markets. We believe any US/China trade deal would be received as very positive news by the global capital markets – yet we understand the process of achieving the components of the “deal” would likely still be 6 to 24 months away.
Still, with the strength of the US economy and the potential that some deal could be reached before the end of 2019 setting positive expectations, the US stock market and major indexes rallied last Thursday and Friday (October 10 and 11). As the long holiday weekend sets up with no trading on Monday, it will be interesting to see what is potentially resolved between President Trump and the Chinese before the markets start to react on Sunday and Monday nights. Make sure up opt-in to our free market trend signals newsletter.
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Tuesday, October 15, 2019
Stock Market Bears Back In Extinction Mode / Stock-Markets / Stock Markets 2019
The second week of October showcased a vigilant effort from both bulls and bears in realizing their short-term targets/goals. However, in the end, the bulls won the key battles again with the massive bull engulf daily candlestick (2881.75-2954 on the Emini S&P 500) on Thursday. In essence, the market was able to do the standard lower high/daily 20EMA rejection during early week back into the 2880-2900 first target zone, but the bears were unable to sustain that momentum into the second target zone of 2850-2860. Overall, the bulls have now completed the higher lows/double bottom setup, and the earnings week acceleration to the upside seems to be occurring.
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Monday, October 14, 2019
Stock Market Range Bound / Stock-Markets / Stock Markets 2019
Current Position of the Market
SPX: Long-term trend – There are no clear signs that the bull market is over.
Intermediate trend – Indecisive.
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 discusses the course of longer market trends.
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Saturday, October 12, 2019
Stock Market US Presidential Cycle - Video / Stock-Markets / Stock Markets 2019
The US Presidential cycle pattern has continued to prove REMARKABLY ACCURATE in terms of flagging future stock market price action as the charts over the past 15 months illustrate, where the basic pattern for the US Presidential cycle is for a strong election year and post election year, followed by weak Mid-term then a strong pre-election year.
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Friday, October 11, 2019
Stock Market Short-term Consolidation Does Not change Secular Bullish Trend / Stock-Markets / Stock Markets 2019
The on-again, off-again, on-again Trump trade war with China coupled with weakening signs of U.S. economic growth has placed the S&P 500 into another multi-month consolidation.
Stocks continue to gyrate from mid-year as news of a possible trade deal appears to solidify only to have a reverse decision suddenly develop.
This whip-sawing creates uncertainty among traders. As such, the S&P 500 and Dow Jones Industrial Average has remained in a 10% trading band over the last six months, whereas the Canadian TSX has been held in a tighter 6% trading range (Chart 1).
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Wednesday, October 09, 2019
Stock Market US Presidential Cycle / Stock-Markets / Stock Markets 2019
The US Presidential cycle pattern has continued to prove REMARKABLY ACCURATE in terms of flagging future stock market price action as the charts over the past 15 months illustrate, where the basic pattern for the US Presidential cycle is for a strong election year and post election year, followed by weak Mid-term then a strong pre-election year.
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Wednesday, October 09, 2019
US Stock Markets Trade Sideways – Waiting on News/Guidance / Stock-Markets / Stock Markets 2019
Our researchers believe the global concerns centered around Banking and Debt within the Emerging Markets and Asia/Europe are very likely to become major issues over the next 3+ months. These potentially dangerous issues could have far-reaching pricing ramifications for almost all of the world’s financial markets. This weekend, we received first-hand information from an associate in Hong Kong about banks limiting ATM withdrawals and very limited transportation services. Our source stated the biggest issue was the lack of transportation right now.
We also followed the news of the Bank collapse in India this weekend and the aftermath for Indian banking customers – PMC Bank
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Tuesday, October 08, 2019
A Trump Impeachment Would Cause The Stock Market To Rally / Stock-Markets / Stock Markets 2019
As the media highlights the potential impeachment process in the coming weeks, many are so concerned that this will be the “cause” of the market drop we are expecting. Yet, history suggests otherwise.
The narrative will certainly play out as follows: The market likes certainty and stability within our government. (Please ignore that this was the same reason many claimed that the market was going to crash if Trump was elected – yet we were pounding the table in expectations of a large rally). However, an impeachment proceeding places us into a very uncertain and unstable situation within our government. Therefore, the market will react negatively to that uncertainty.
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Monday, October 07, 2019
Stock Market Back to Neutral / Stock-Markets / Stock Markets 2019
Current Position of the Market
SPX: Long-term trend – There are no clear signs that the bull market is over.
Intermediate trend – We have started a correction of intermediate nature.
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 discusses the course of longer market trends.
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Sunday, October 06, 2019
Stock Market 6 Month Trend Forecast Conclusion - Video / Stock-Markets / Stock Markets 2019
Just when you thought things could not get any more chaotic and unpredictable up pop a series of market moving events such as the Iranians seeing red and firing 20 drones and missiles at Saudi oil infrastructure, knocking out 5% of the worlds oil supply. Though apart from the immediate spike in the crude oil price to $64, it does not appear to have resulted in a change in trend as the price has already settled into its well established $62.50 to $52.50 trading range which suggests the markets don't see this as the start of another gulf war.
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