Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.
Friday, February 10, 2017
SPX is Testing the Trendline / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
Good Morning!
SPX futures are marginally higher, but appear not to have broken above the trendline. The futures have not broken above yesterday’s high, so there is one technically bearish sign.
ZeroHedge writes, “S&P futures rose further into record territory, European shares rose to within striking distance of their highest levels in more than a year while bonds fell and the dollar rose as investors cheered a surge in Chinese trade data amid hopes of "phenomenal" tax cuts by Donald Trump, all of which have rekindled the Trumpflation trade.”
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Friday, February 10, 2017
Stock Market Very Solid Session / Stock-Markets / Stock Market 2017
By: Harry_Boxer
The stock market indices had an up-day today, and a strong one, particularly by midday, making new all-time highs across the board. The day started out with a pop to the upside, a little pullback, and then they ran, the Nasdaq 100 going from 5197 to 5221, a new all-time high. In the afternoon, they came down to 5209, and bounced back to 5222, but couldn’t hold it, and backed off to 5212. The S&P 500 started out with a pop, and kept on running, reaching as high as 2320, a new all-time high, and backed off to 2307. All three indices came down slightly at the end of the day, but still closed in the green column.
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Thursday, February 09, 2017
Stock Market VIX Cycles Set to Explode in March/April 2017 / Stock-Markets / Volatility
By: Chris_Vermeulen
My recent analysis of the markets has shown what I believe to be an explosion in market volatility set to starting happening between February 21, 2017 and March 30, 2017. The historical VIX cycles have been running about 18~22 week intervals for expansion and extreme volatility levels. The period August 2015 to January 2016 represented roughly 5 months. The period between January 2016 to June 2016 represented roughly 5 months. The period between June 2016 to Early November 2016 represented roughly 5 months (just a little short of 5 months in reality).
Thursday, February 09, 2017
SPX Reaches the Top of its Diagonal Pattern / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
The problem that I have with zigzags is…at which degree are we viewing it? The zigzag to 2300.99 is a completed one, but at a Minute degree, while Waves 1 through 3 are at a Minor degree. Today’s final surge brings the pattern into agreement. While Wave [a] is larger than [c], a common relationship, Wave [c] is a Fibonacci 61.8% of Wave [a], which is the alternate relationship that we look for.
Today is 17.55 months from the August 24, 2015 low. That is, 10.75 days over 17.2 months. That is a close enough tolerance to suggest that the long-term uptrend may be over.
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Thursday, February 09, 2017
Stock Market Positive Expectations As Investors' Sentiment Improves - New Record Highs Ahead? / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,330, and profit target at 2,150, S&P 500 index).
Our intraday outlook remains 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
Thursday, February 09, 2017
Major Money Managers Have A Grim Outlook For The US Stock Market / Stock-Markets / Stock Market 2017
By: Jeff_Berwick
Several months ago we were following closely as billionaire after billionaire warned of financial calamity to come.
Whether they were warning of a downturn, debt jubilee, or taking large positions in precious metals stocks, guys like Stanley Druckenmiller, Crispin Odey, Paul Singer and even the trillionaire himself, Jacob Rothschild, were outspoken in their stark view of the markets.
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Thursday, February 09, 2017
Stock Market Solid Session with Mixed Technicals / Stock-Markets / Stock Market 2017
By: Harry_Boxer
The stock market indices had a good session, although they started the day out with a drop to the downside, held support, came on strong in the morning, consolidated midsession, and ran back up in the afternoon, only to pull back n the last ten minutes to pare back the gains and put the Dow back in the negative column.
Net on the day, the Dow was down 35.95 at 20,054.34. The S&P 500 was up 1.59 at 2294.67, a point off the high. The Nasdaq 100 was up 10.70 at 5196.58, 5 points off the high.
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Wednesday, February 08, 2017
Stock Market Positive Session with Poor Technicals / Stock-Markets / Stock Market 2017
By: Harry_Boxer
The stock market indices were up marginally today, but the technicals were not good. The day started out with a gap up, bounced around early morning, stair-stepped its way down, rallied back up, pulled back, retested, an moved sideways the rest of the day to close in the positive column.
Net on the day, the Dow was up 37.87 at 20,090.29. The S&P 500 was up .52 at 2293.08. The Nasdaq 100 was up 17.91 at 5178.85, but reaching a new high at 5196.27.
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Tuesday, February 07, 2017
SPX is Stretched, But Hanging On / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
It appears that the alternate view of the SPX may not apply even though the NDX and DJIA both made higher highs. Both needed fifth Wave completion, while it appears that SPX is already complete as an Ending diagonal.
There appears to be no sell signal yet. We’ll know it when the market breaks.
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Tuesday, February 07, 2017
SPX Rallies. Will Stock Market Make a New High? / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
Good Morning!
SPX futures are higher this morning, although they have not broken out above last Friday’s high at 2298.31. It has missed that possibility by only 25 ticks, so there is still a chance that we may see a higher print this morning.
Given the rally after what appears to be an a-b-c decline yesterday, the odds are better than even we may see a new high this morning. The Cycles Model suggests it may happen in the first two hours of the day. I have placed the alternate Wave structure on the chart for our consideration. The target may be the “natural” target I gave last week at 2305.00, or possibly higher, should the rally have any strength.
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Tuesday, February 07, 2017
Stock Market Nowhere to Go / Stock-Markets / Stock Market 2017
By: Ed_Carlson
Continue to look for an important top in the Dow near February 10. As the Dow returned to near our price target (20,133) last Friday, this week is set to be a sideways consolidation as equities "spin their wheels" waiting for the big event to commence. Although the Lindsay work would have us erring later than earlier, equities may begin their drop earlier than forecast if they have nowhere to go but down.
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Monday, February 06, 2017
SP500 Index Got Closer To Record High - Will The Uptrend Continue? / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,330, and profit target at 2,150, S&P 500 index).
Our intraday outlook remains 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:
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Monday, February 06, 2017
Prognosis Of Financial Markets For 2017 And Beyond / Stock-Markets / Financial Markets 2017
By: Raymond_Matison
The right time to consider our future financial markets for investing
Since the presidential election there have been many reports as how the financial markets of 2017 and beyond may evolve. Given the acrimonious post election environment, it would be wiser to forecast the direction of markets after we see Mr. Trump’s full team in action for at least a few months, and more fully understand or experience his actual policies. However, it is clear that at no time in history will a president’s fiscal, trade, national security, or FED’s monetary policies affect our financial markets more, which will determine the future wellness of America’s citizens. At the same time, however, no policies can fully extricate us from our overbearing debt, and the painful economic consequences which we are to experience in the very near future.
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Sunday, February 05, 2017
Retail Prices at wholesale Prices – Next Hot Stocks Sector / Stock-Markets / Sector Analysis
By: Chris_Vermeulen
As we close out the first week of February, I’m writing to illustrate the types of great opportunities waiting for all of us. All the trades we share are based on our Momentum Reversal Method (MRM) trading system.
There are two key components of this trading strategy; A. identifying recent price rotation, or B. identifying price resumption of existing momentum. Both examples, today, will focus on two unique examples of the Momentum Reversal Method and two unique setups. Today’s examples are XRT and AIQ, setups that we believe will result in tremendous opportunities for traders over the next 2-3 weeks.
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Sunday, February 05, 2017
Stock Market Testing the High / Stock-Markets / Stock Market 2017
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: If the market strength persists, the long-term trend may need to be re-evaluated.
SPX Intermediate trend: SPX intermediate P&F count to 2300 has been reached. A reversal should now occur.
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 05, 2017
S&P 500 Pivots Off Support Into New Stock Market Upleg / Stock-Markets / Stock Market 2017
By: Mike_Paulenoff
In our Wrap last Friday, we noted to expect the S&P 500 to pullback further to support before continuing its next up-leg. The index bounced slightly below our expected target in the 2270 range, and ended the week again challenging 2300.
A big catalyst was Friday's positive reaction to the Jobs Report and to the prospect of repeal of financial regulations, which thrust the S&P 500 into a new upleg.
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Saturday, February 04, 2017
SPX Stocks Bull Market Continues / Stock-Markets / Stock Market 2017
By: Tony_Caldaro
The week started at SPX 2295. After a gap down opening Monday the market traded down to SPX 2267 on Tuesday. Then Wednesday’s opening was a gap up, followed by a pullback, then another gap up opening on Friday ending the week at SPX 2297. For the week the SPX/DOW were mixed, and the NDX/NAZ were mixed as well. Economic reports for the week were again mostly positive. On the downtick: the Chicago PMI, consumer confidence, construction spending, auto sales, ISM services, the WLEI, plus the unemployment rate rose. On the uptick: personal income/spending, the PCE, pending home sales, Case-Shiller, the ADP, the ISM, NF Payrolls, factory orders, the Q1 GDP estimate, plus weekly jobless claims were lower. Next week’s reports will be highlighted by the trade balance, the budget deficit and export/import prices. Best to your week!
Friday, February 03, 2017
SPX Challenging its Cycle Top / Stock-Markets / Stock Index Trading
By: Anthony_Cherniawski
SPX is challenging its 2-hour Cycle Top at 2296.60. This move is corrective and appears to be a retracement with the added feature of filling the gap left on January 30. Wave 2 reversals often come off the Cycle Top resistance, so this is not abnormal. This is the 43rd hour from the 2300.99 top. It strongly suggests a reversal may ensue thin the current hour.
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Friday, February 03, 2017
US Jobs Report Spikes Stock Market / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
Good Morning!
SPX futures are higher, taking out the 2289.14 high. The bearish count suggests another double zigzag that does not take out the 2300.99 high. A possible target may be the Cycle Top high at 2295.95.
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Friday, February 03, 2017
Stock Market Very Narrowly Mixed Session / Stock-Markets / Stock Market 2017
By: Harry_Boxer
The stock market indices had a very narrowly mixed day at the end of the session, not only in price, but in underlying technicals. However, there was some volatility during the day. Initially there was a plunge down to support that held 5130 Nasdaq 100 and 2272 S&P 500. They rallied sharply, taking the Nasdaq 100 up to 5162, yesterday’s high, but fell short on the S&P 500 around 2284, which was beneath yesterday’s high of 2289. They came down midsession, bounced around into midafternoon, tried to retest, successfully did so, but then rallied back to resistance and couldn’t get through.
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