Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Thursday, March 02, 2017
SPX Rally Appears Complete / Stock-Markets / Stock Market 2017
We can now say that the Wave structure is complete with a throw-over above the Cycle Top. We have round number resistance at the top as well. The reversal begins with the re-entry back beneath the Cycle Top, which appears to be happening now.
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Wednesday, March 01, 2017
Stocks are higher, but the Fed trumps Trump / Stock-Markets / Stock Market 2017
Good Morning!
President Trump’s speech appeared to be his most “presidential,” but was short on details.
The surging dollar and rising SPX futures give some indication that Trump is still getting the benefit of the doubt.
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Wednesday, March 01, 2017
Stock Market Delayed Correction Means Bigger Crash / Stock-Markets / Stock Market Crash
At some point the stock market needs to break the price trend line to confirm a daily cycle decline. The longer they prevent the natural profit taking correction from occurring the bigger the crash will have to be to break that trend line.
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Wednesday, March 01, 2017
Stock Market Good Close, but Negative Finish to the Day / Stock-Markets / Stock Market 2017
The stock market indices had a soft session today. The day started out with a little 3-wave corrective down move that held the trendlines and bounced, but then they rolled over, and rolled over sharply. The Nasdaq 100 dropped from 5344 down to 5317, and the S&P 500 dropped from 2367 down to 2359. They bounced back sharply, failed at resistance, backed off to retest, and at the very end of the day in the last 15 minutes, they came on sharply, and parred back a lot of the losses, but still closed negative on the day.
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Tuesday, February 28, 2017
Stock Market Breakdown / Stock-Markets / Stock Market 2017
SPX has declined beneath its trendline and made a 47-66% retracement of its initial decline. It appears that it is now entering a third wave at a sub-minute or Micro degree. There is a lot of empty space to Short-term support at 2321.87. We may add a short position here.
A further decline beneath its earlier low at 2358.96 gives us further confirmation.
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Tuesday, February 28, 2017
Stock Market Correction Coming? / Stock-Markets / Stock Market 2017
The correction in the markets is coming. The markets will correct in the short term, which will allow them to move much higher in 2017. The short-term indicators of market momentum are overbought. The trend indicators are clearly still BULLISH!
President Trump’s cuts and his pro-business attitude have been sending U.S. stocks into new record high territory. This is a clear indication that investors are looking to the White House for inspiration. The SPX Index, Dow Jones Industrial Average and Nasdaq Composite Index are trading at all-time highs. They are extending the rally that began when President Trump was elected.
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Tuesday, February 28, 2017
Trump Speech a Dollar Bust? / Stock-Markets / Financial Markets 2017
Good Morning!
The USD is in the limelight again today. It has failed to better the February 15 high at 101.75, giving USD a sharp Wave 2 correction last week. Yesterday it bounced off Intermediate-term support at 100.73, but was unable to even match its 50-day Moving average at 101.37. This morning’s high was 101.22. The Cycles Model suggests the next Master Cycle low may be due on March 8, but could extend as much as another week beyond. A Pi date occurs on March 13, which matches up with a possible low in SPX as well.
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Tuesday, February 28, 2017
Market Forecasting - Want to "Get Ahead of the Game"? Try This / Stock-Markets / Elliott Wave Theory
How to breach limitations of conventional market forecasting
In this new interview, Wayne Gorman, the head of our Educational Resources department, explains -- based on his 30-year experience as a Wall Street risk manager, trader and analyst -- how Elliott waves help you get "ahead of the game."
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Tuesday, February 28, 2017
Stock Market Crash If Trump Doesn’t Push Through the Tax Reform by 2018 / Stock-Markets / Financial Crash
I’ve been doing a multipart series on the proposed tax reforms in Thoughts from the Frontline (subscribe here for free).
In part two, I talked about what I like about the Better Way proposal. In part three, I pretty much eviscerated the border adjustment tax (BAT).
I think it has the real potential to create a global recession. You’ll need to read the series to see why, but a lot of it has to do with simple game theory.
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Monday, February 27, 2017
SPX Achieves Wave Equality / Stock-Markets / Stock Market 2017
Wave (v) reached equality with Wave (i) at 2370.56. That, with the VIX now back over its 50-day Moving Average, suggests the rally may be over. For safety’s sake you may wish to wait until SPX is back beneath its trendline at 2365.00, but I wouldn’t point fingers if at least a partial short position is taken.
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Monday, February 27, 2017
Stock Market Something's Gotta' Give / Stock-Markets / Stock Market 2017
The next confluence of Fibonacci retracements is at 2,382 and is our price target for SPX but last Friday was a 21-day cycle high so something's gotta give here. A 6mo cycle high was due last week, too.
Lindsay's 107 day interval points to a tradable high no later than today.
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Monday, February 27, 2017
Could Trump's Economic Policies Propel Hated Stocks Bull Market Even Higher / Stock-Markets / Stocks Bull Market
"I add this, that rational ability without education has more often raised a man to glory and virtue, than education without natural ability." Marcus T. Cicero
Before we get into the meat of this article, we would like to state at the onset that this article is not politically orientated. This election has probably been more divisive than any other election in U.S history. There are those who love Trump and those who detest him. Our views are based on market trends and not politics. Before the election results came in, we went on record to state that a Trump win would from an investing perspective prove to be a great buying opportunity and the masses would panic and dump their shares. We took the same stance on Brexit, and as they say, the rest is history.
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Monday, February 27, 2017
Stock Market Breakout or Breakdown? / Stock-Markets / Stock Market 2017
Good Morning!
SPX closed at the trading channel trendline on Friday without making a new high. In that context, it may be viewed as a possible wave (ii). However, it’s not over until it’s over. The SPX futures made a higher high in overnight trading. They are currently negative, but not so much as to proclaim victory for the bears. A decline beneath Friday’s low at 2352.87 would break the upward bias. Otherwise a breakout appears that it may be the final Wave c of (v) of [c].
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Monday, February 27, 2017
Stock Market Short-Term Uncertainty As Stocks Fluctuate Along New Record High / 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 now 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
Monday, February 27, 2017
Dow vs Precious Metals : Where’s The Beef ? Where’s the Bull ? / Stock-Markets / Financial Crisis 2017
Before we look at some precious metals stocks I would like to show you a couple of charts which will help explain why I didn’t participate in this last rally in the precious metals stocks that started in December of last year. It’s not that I didn’t want to, it’s just the evidence shows that the $INDU, which I’m going to use as a proxy for the rest of the stock markets, is in a true bull market vs the precious metals stocks. As I have often said, ” you always want to trade in a bull market vs a bear market because it will save you from a bad trade if you enter it at the wrong time. If you enter into a long trade in a bear market it will be unforgiving and can take you to the cleaners before you know what hit you.”
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Sunday, February 26, 2017
Stock Market Sentiment at ‘Extreme Greed’ / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: Uptrend continues.
SPX Intermediate trend: A minor reversal at 2300 has been followed by a resumption of the uptrend targeting the 2400 area.
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, February 26, 2017
Stocks and Precious Metals Charts - God and Mammon and Power / Stock-Markets / Financial Markets 2017
"The world is ours, we are its lords, and ours it shall remain. As for the host of labor, it has been in the dirt since history began, and I read history aright. And in the dirt it shall remain so long as I and mine and those that come after us have the power.
There is the word. It is the king of words— Power. Not God, not Mammon, but Power. Pour it over your tongue till it tingles with it. Power.”
Jack London, The Iron Heel
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Sunday, February 26, 2017
Trump’s Top Econ Guy Just ANNIHILATED the Stock Market’s Fantasy / Stock-Markets / Financial Crash
The single biggest story this morning is Treasury Secretary Steve Mnuchin pouring ice cold water on the market’s mania.
First and foremost, Mnunchin stated point blank that the Trump administration HOPES to implement tax reform by August.
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Sunday, February 26, 2017
[Gratis] "Dark Money" Secrets Revealed! / Stock-Markets / Trading Systems
deleted.
Saturday, February 25, 2017
Stock Market SPX New All-time Highs Continue / Stock-Markets / Stock Market 2017
The SPX started the holiday shortened week at 2351. The market opened higher on Tuesday, rallied to a new high at SPX 2367, then pulled back to 2358 on Wednesday. After opening at another new high, SPX 2368, on Thursday, the market pulled back to 2353 on Friday before ending the week at 2367. For the week the SPX/DOW gained 0.85%, and the NDX/NAZ gained 0.25%. Economic reports for the week were sparse and mostly positive. On the downtick: the WLEI plus weekly jobless claims rose. On the uptick: existing/new home sales, consumer sentiment and the FHFA housing index. Next week’s reports will be highlighted by the FED’s beige book, the ISMs and the Q4 GDP second estimate.
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