Analysis Topic: Stock & Financial Markets

The analysis published under this topic are as follows.

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.

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.

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.

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.

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:

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.

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.

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.

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.

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.

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.

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.

Friday, February 03, 2017

Why Stock Market Analysts Will be Wrong About 2017 / Stock-Markets / Stock Market 2017

By: Clif_Droke

We're already a month into New Year and there has been an ample amount of sentiment data to suggest that investors, both retail and institutional, aren't terribly enthusiastic on the stock market outlook for 2017. Granted that institutional analysts are still bullish, as per usual, but in the round table type opinion polls I've seen they've apparently lowered their expectations. Everyone seems to be preparing for a somewhat disappointing year based largely on the assumption that after eight years of a bull market, surely another major rally is out of the question.

Thursday, February 02, 2017

Stock Market More Fluctuations Following Monday's Move Down - Which Direction Next? / 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 02, 2017

NDX Closes in Plus Column as Market has Interesting Day / Stock-Markets / Stock Market 2017

By: Harry_Boxer

The stock market indices had an interesting, volatile day. The day started out with a big gap at the opening, had a very sharp, pullback retest midmorning, then a 5-wave advance that was much stronger on the Nasdaq 100 than the S&P 500, they pulled back, bounced around, held support, and closed positive on the Nasdaq 100, but the S&P 500 closed flat on the day.

Net on the day, the Dow was up 27.86 at 19,890.87. The S&P 500 bounced off the 2272 level to 2282, and closed up just .68 at 2279.55. The Nasdaq 100 went from 5130 to 5159, and close up 35.92 at 5152.69.

Wednesday, February 01, 2017

Stock Market Retracement Retreats at the Trendline / Stock-Markets / Stock Market 2017

By: Anthony_Cherniawski

SPX retraced 65% of its decline, a reasonable bounce, before retreating back toward its opening price. Filling this morning’s gap give SPX permission to decline even further. That may not happen until later this afternoon. My best analysis is that SPX may level off in a 2-hour consolidation until early afternoon. However, a decline beneath Short-term support at 2277.08 may put SPX in a position to challenge (and possibly defeat) Intermediate-term support at 2268.40.

Wednesday, February 01, 2017

Stock Market Highs Make Strong Case for Precious Metal Buys / Stock-Markets / Stock Market 2017

By: MoneyMetals

Dow 20,000 was ushered in with great fanfare. Traders on the New York Stock Exchange sported "Dow 20,000" hats. Even President Donald Trump joined the celebration.

Trump told ABC News he was "very honored" that the stock market gave his presidency a symbolic vote of confidence. "Now we have to go up, up, up. We don't want it to stay there," he said.

Wednesday, February 01, 2017

The Great Rotation - Monetary to Fiscal, Major Cycles Turning Down / Stock-Markets / Financial Markets 2017

By: Gordon_T_Long

Democratic Senator Chuck Schumer dejectedly quipped during Fed Chairman Ben Bernanke's Humphrey-Hawkins testimony before congress in July of 2012:

"I'm afraid the Fed's the only game in town!"

Now nearly five years later things may be about to change! The other two policy pillars of Fiscal and Public Policy may be reasserting themselves with a change in the White House and congressional leadership. Suddenly just the promise of potential fiscal stimulus, tax policy and claw backs of regulatory over-reach have become the lead stories on the nightly news.

Wednesday, February 01, 2017

Stock Market Long Cold Winter / Stock-Markets / Stock Market 2017

By: Ed_Carlson

It appears that equity indices have printed their highs for the post-election rally. However, that doesn't necessarily mean that the correction must begin immediately. Cycles and Lindsay analysis point to a final high closer to February 10. The correction has the potential to be fairly painful as the low is not expected until closer to March 21 and springtime. The Lindsay analysis is as follows:

Point E on 3/27/01 of an ascending middle section counts 2,901 days to the low of the multiple cycle on 3/6/09. 2,901 days later is Monday, 2/13/17.