Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Tuesday, April 25, 2017
SPX may be Aiming at the Cycle Top Resistance / Stock-Markets / Stock Market 2017
Yesterday I asked the question, “Will the SPX reverse in hour 86?” We got our answer as SPX rallied through the rest of the day. Interestingly enough, the rally thus far took 90 hours. 90.3 is divisible by 4.3 and also happens to be 12.9 days. This may be a good spot for a reversal.
SPX futures are positive this morning, but The corrective Wave appears to be nearly finished. An additional probe to the 2-hour cycle Top at 2384.51 may do the job.
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Tuesday, April 25, 2017
Exchange-Traded Funds Make Decisions Easy / Stock-Markets / Exchange Traded Funds
Stock Market Forecast Big Picture: The broad stock market is working through a more complex corrective price pattern. My recent forecast, as displayed in the chart below, indicates that the next leg up is toward 2500. The market may be about to start a larger A-B-C correction to test the 2300 level to fully cleanse itself, before starting the next leg up. But overall, the SPX is very bullish long-term.
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Monday, April 24, 2017
Risk on Stock Market French Election Euphoria / Stock-Markets / Stock Market 2017
SPX futures went euphorically higher as the DAX made an all-time high this morning.
Currently the level of the SPX futs are near 2375.00. SPX is in the 84th hour of its Cycle which began at 2378.36. If the current EW reading is correct, it should reverse in the next three hours without overcoming its April 5 high.
Last Thursday, Bloomberg noted, “European Central Bank officials signaled that their liquidity facilities remain available to counter any market tension that may arise in the aftermath of France’s presidential election, the first round of which takes place Sunday.”
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Monday, April 24, 2017
Is the Stock Market Bounce Over? / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: Uptrend continues.
SPX Intermediate trend: The correction from 2400 continues,
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, April 23, 2017
Stock Market Grand Super Cycle Overview While SPX Correction Continues / Stock-Markets / Stock Market 2017
The market started this gap filled week at SPX 2329. A gap up opening Monday took the SPX to 2349. Then after a gap down opening on Tuesday the market found support at SPX 2335. A gap up opening on Wednesday took the SPX to 2353, which was sold off into 2335 again. On Thursday another gap up opening took the market to SPX 2361. Then the market pulled back to SPX 2349 on Friday. For the week the SPX/DOW gained 0.70%, and the NDX/NAZ gained 1.75%. Economic reports for the week were mixed. On the downtick: the NY/Philly FED, the WLEI, the NAHB, housing starts, plus weekly jobless claims rose. On the uptick: building permits, industrial production, capacity utilization, leading indicators and existing home sales. Next week’s reports will be highlighted by Q1 GDP, the Chicago PMI, durable goods and housing. Best to your week!
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Saturday, April 22, 2017
Le Pen, Melenchon French Election Stock, Bond and Euro Markets Crash / Stock-Markets / European Stock Markets
The French people, European Union and financial markets are counting down to a potential seismic history shattering election result event, perhaps bigger than Britains' BrExit, perhaps even a bigger shock than Trump winning the US Election, for a Le Pen / Melenchon extremes of the far right and far left result would mark the starting point for the DEATH of the Euro-zone and soon afterwards the European Union.
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Saturday, April 22, 2017
Why You Are Not An Investor / Stock-Markets / Stock Market 2017
You are not an investor. One can only be an investor in functioning markets. There have been no functioning markets since at least 2008, and probably much longer. That’s when central banks started purchasing financial assets, for real, which means that is also the point when price discovery died. And without price discovery no market can function.
You are therefore not an investor. Perhaps you are a cheat, perhaps you are a chump, but you are not an investor. If we continue to use terms like ‘investor’ and ‘markets’ for what we see today, we would need to invent new terms for what these words once meant. Because they surely are not the same thing. Even as there are plenty people who would like you to believe they are, because it serves their purposes.
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Friday, April 21, 2017
Why Stock Market Investors May Soon Be In For A Rude Awakening / Stock-Markets / Stock Market 2017
BY PATRICK WATSON : It seems that a lot of people have missed the distinction between wishful thinking and reality lately—and I fear it’s going to hurt them badly.
After Donald Trump won in November, some Americans didn’t just hope for the best; they thought it was here.
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Friday, April 21, 2017
No Such Thing as a Stock Market Quadruple Top / Stock-Markets / Stock Market 2017
When a resistance zone gets tested multiple times it usually breaks. It shouldn’t be long before the Nasdaq breaks through this resistance. After it does it will pull the rest of the market up with it.
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Friday, April 21, 2017
U.S. Stock Market and Gold, Post Tomahawks and MOAB / Stock-Markets / Stock Market 2017
It happens when inflammatory events (usually political, terror or war related, but also including things like Ebola, Bird Flu and the like) crop up; stocks go down and hysteria starts to build. The mainstream media jump aboard and next thing you know you've got people heading for the exits… right into the next bottom. In the case of the current corrective consolidation, a disappointment in the Trump administration's Healthcare follies rolled right into the war-like events in Syria and Afghanistan. Presto! A much needed correction of the over-bullishness was on.
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Friday, April 21, 2017
Volatile Week for Financial ETFs / Stock-Markets / Exchange Traded Funds
Earnings season is around, and it tends to add some volatility back into the market. Now, major banks and financial firms have already reported their earnings, most beat expectations. However, there were also mixed results with financials. Goldman Sachs Group Inc (NYSE: GS) and Morgan Stanley (NYSE: MS) were some notable earnings that surprised the Street. Consequently, this added some volatility to exchange-traded funds (ETFs), such as the Financial Select Sector SPDR Fund (NYSEARCA: XLF) and Vanguard Financials ETF (NYSEARCA: VFH).Read full article... Read full article...
Thursday, April 20, 2017
Stock Market More Uncertainty As Investors Await Quarterly Earnings Releases / Stock-Markets / Stock Market 2017
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains 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
Wednesday, April 19, 2017
Stock Market Rally May be Complete / Stock-Markets / Stock Market 2017
It has become obvious that the higher Cup with Handle formation was not triggering the sell-off that would be expected. Both the daily chart and the 2-hour chart actually show a better position for a clean Cup with Handle pattern with the Lip at 2322.25. The Broadening Wedge remains the same.
SPX appears to have halted its rally at the 50% retracement level. It remains on a sell signal with additional confirmation beneath 2322.25.
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Wednesday, April 19, 2017
Stock Market to Push Higher? / Stock-Markets / Stock Market 2017
I suspect the market will be near the all-time highs ahead of the FOMC meeting on May 3rd.
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Wednesday, April 19, 2017
Stock Market Turn-Around Tuesday Closes Negative / Stock-Markets / Stock Market 2017
It looks like turn-around Tuesday for the stock market indices today as the markets reversed yesterday, gains for losses, and pretty decent ones, too, but they did come back. The day started out with a gap down, but then a really sharp rally got them to their highs very quickly, within the first thirty minutes. At that point, they came down in a sharp, 3-wave decline, and reached their session lows by midday. An early afternoon rally back got to resistance and backed off late afternoon, and then surged into the close to reach the morning highs, but were unable to get through, and in the last five minutes they backed off.
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Wednesday, April 19, 2017
SPX May be Completing its Corrective Pattern / Stock-Markets / Stock Market 2017
Good Morning!
It appears that SPX may be completing a Wave [c] of 2 this morning. This changes the structure somewhat, postponing the top of Wave 2 until today. My original thought that the low at 2328.95 was Wave [b] was because of overlap between the waves. Leading diagonal waves may overlap, so that description is being moved forward.
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Tuesday, April 18, 2017
If You Invest In Stocks Now, Expect No More Than 3% Returns In The Next 20 Years / Stock-Markets / Stock Market 2017
BY JOHN MAULDIN : We didn’t have all of this big data or computing power when I started in the investment publishing industry in 1982. But we do today.
This data not only shows us the present state of the stock market, but also tells what that means in terms of probable returns over the coming 7, 10, and 12 years and what it means in terms of relative risks.
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Tuesday, April 18, 2017
Big Day for the Stock Market / Stock-Markets / Stock Market 2017
The stock market indices had a very strong session today. The day started out with a pop to the upside, a quick pullback retest, and then they were off to test resistance. For the next several hours the Nasdaq 100 went sideways, and consolidated in coil patterns. The S&P 500 actually moved up in a rising channel, and at the end of the day exploded to the upside, tested secondary resistance, and close right there. These are very key levels near 5400 Nasdaq 100, and the 2349-50 area for the S&P 500, and that’s where they closed.
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Tuesday, April 18, 2017
Stock Market Lindsay Long Term Intervals / Stock-Markets / Stock Market 2017
The March 20 Market Update showed our Long Term interval forecast – both 15 and 12 year intervals. As we are now seeing the biggest pullback in the Dow since last autumn we have to assume that the 15yr interval is exerting its influence and the decline won’t end until the 12yr interval (May-November, 2017) takes over.
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Monday, April 17, 2017
Emerging Markets Very Bullish, Close To Major Breakout / Stock-Markets / Emerging Markets
Emerging markets look increasingly bullish with each passing day. It was only three weeks ago that emerging markets were bullish enough to call for an official breakout. With that, our emerging markets forecast for 2017 proves to be accurate, as well as our call that emerging markets would become the investment of 2017.
As said, emerging markets look more bullish with the day. And they are only 6 percent away from a major event: a secular breakout. If that materializes, it would be MAJOR news, and, guess what, financial media will not be talking about it!
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