Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Thursday, December 22, 2016
Stock Market More Fluctuations Along Record Highs, Which Direction Is Next? / Stock-Markets / Stock Markets 2016
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, December 22, 2016
Dow 20k Mission Accomplished, Stocks Bull Market Delights Could Have Violent Bear Market Ends / Stock-Markets / Stock Market 2017
Today (21st December) the Dow again traded within a whisker of the mega stocks bull market milestone of 20,000 by hitting a high of 19,987 before retreating to close at 19,942, up 15% on the year and 9% since Trumps election win, and I just cannot wait any longer for those extra 13 points to materialise before publishing this analysis.
Read full article... Read full article...
Thursday, December 22, 2016
Considerable Down Day for Wall Street / Stock-Markets / Stock Markets 2016
The stock market indices had a mixed session and a down day, starting out a little bit positive, but then came down and consolidated all day. In the last hour, they rolled over and closed at the session lows for the S&P 500, but way above the lows on the Nasdaq 100.
Net on the day, the Dow was down 32.66 at 19,941.96, 14 points from its new all-time high at 20,000. The intraday high was 19,986, right at the prior intraday high. The S&P 500 was down 5.58 at 2265.18, right at the low for the day, and 6 points off the high. The Nasdaq 100 was down 4.90 at 4948.90, 10 points off its low.
Read full article... Read full article...
Wednesday, December 21, 2016
Stock Market Bulls, Stock Market Fools - Market Crash Next or Just an Illusion / Stock-Markets / Stock Markets 2016
"A learned blockhead is a greater blockhead than an ignorant one." ~ Benjamin Franklin
Since the markets bottomed in 2009, one naysayer after another has penned many an obituary for this market. Alas, all those obituaries were based on fantasy and false perceptions; the bull is alive and kicking while many of those experts are either bankrupt or have bankrupted their clients several times over. We repeatedly stated over the years that the era of low interest fostered an environment that favoured speculation over hard work. This is why so may companies have opted to be boosts EPS via share buyback programs. Why work, when through the magic of accounting you can create the impression of growth when there is none. All is well, and when it ends, only the workers and the masses will lose for the corporate wenches will walk away with bloated accounts.
Read full article... Read full article...
Wednesday, December 21, 2016
European Financials take a Hit / Stock-Markets / Financial Markets 2016
This is the longest-term USD chart that I can find. The structure leads me to believe that it is on a giant retracement pattern that may have an ultimate target of 131.00 at a 61.8% retracement of the decline starting in 1984. I will be making minor revisions in my daily and weekly charts to reflect that outlook.
Read full article... Read full article...
Wednesday, December 21, 2016
Why Are Pakistan’s Stock and Financial Markets Soaring, Really? / Stock-Markets / Pakistan
During six decades of US aid, Pakistan’s living standards plunged. But in the past year, Asia’s largest frontier market delivered foretaste of its promise – with China’s support.Recently, Pakistan’s stock market crossed the 46,000 point milestone. Investor sentiment is increasingly bullish. In the past year, Pakistan’s equity markets beat those of China and India by a wide margin. The former was up 16%, whereas the latter were in negative for the year.
Read full article... Read full article...
Wednesday, December 21, 2016
5 Investment Tips for Investors In 2017 / Stock-Markets / Investing 2017
We often get questions from readers about the criteria we use when considering positions in a market. Because of that, we decided to release our best insights in this article.
The reason we mention 2017 is that market conditions tend to change over time, and so do our criteria. The investment tips in this article are up-to-date, in line with what we believe are actual market conditions. To illustrate that, we have included recent charts and data points.
Read full article... Read full article...
Wednesday, December 21, 2016
Eight Ball Stock Market / Stock-Markets / Stock Markets 2016
Cycles are shaping up for an important high just before (or just after) Christmas (It is decidedly so). In addition, the Bradley model shows a high in mid-late December (You may rely on it). If you feel like turning to this popular children’s’ toy for advice, it is understandable if not advisable. The Trump Rally has left many reliable indicators in the dirt but remember… To everything there is a season, and a time to every purpose under the heaven.
Read full article... Read full article...
Wednesday, December 21, 2016
Not a Gold Bull in Sight / Stock-Markets / Stock Markets 2016
In last weekend’s report, we covered how the Daily Cycle count was stretching too far, so marking a Nov 15th Daily Cycle Low (DCL) made sense. Doing so means that another DC began on Nov 16, and that puts today’s date in the normal timing band for a new DCL. So with another DCL fast approaching, the capitulation decline we saw this week fits perfectly with expectations.
The large drops in Silver and the Miners are strong indications that the final capitulation for the current Daily and Investor Cycles is at hand.
Read full article... Read full article...
Wednesday, December 21, 2016
This Blow-Off Trump Stock Market Rally Certainly Looks Real / Stock-Markets / Stock Markets 2016
Between late 2014 and November 2016, the markets went nowhere. They made no more than a few, very minor, new highs. It looked like a classic head-and-shoulders, rounded-top pattern, with a break of 1,800 sounding the death knell.All of my research pointed to signs that the end was near. The Dow was set to shed thousands of points in short order.
How much has changed since November 8…
Read full article... Read full article...
Tuesday, December 20, 2016
Financial Markets on the Edge / Stock-Markets / Financial Markets 2016
I begin the day by discussing an error in my Elliott Wave structure and how it was remedied. You may recall that on a larger scale, the USD is in some type of Broadening Formation. I figured that Wave (C) of [4] hadn’t completed yet and I had calculated the structure in a way that still gave me upper limits on how far it could go.
Read full article... Read full article...
Tuesday, December 20, 2016
Stock Market Up Day, But Substantially Off the Highs / Stock-Markets / Stock Markets 2016
The stock market indices started out the week with a pop to the upside, a very strong rally ensued, the Nasdaq 100 jumped from 4912 to 4963 to a new all-time high. The S&P 500 popped, but couldn’t get anywhere near the highs, reaching up to 2267.47, only 9 points off the lows, and then they backed off. In the afternoon, the Nasdaq 100 came down in a strong 3-wave decline, taking it from 4963 1/2 to 4926. It bounced at 4933 at the close, and managed to close positive on the day, but substantially off the highs.
Read full article... Read full article...
Tuesday, December 20, 2016
Stock Market Doesn't Look Right... / Stock-Markets / Stock Markets 2016
SPX emerged under the trendline again, after another rally attempt. The reason I am discussing this is that the next three days in a row have the potential for a large decline. No promises, just the potential. Technically we should be under the lower channel trendline to get a confirmed sell signal. The problem is, the potential for a panic decline right off the top is very high…and this may be the first time in market history for this to happen.
Read full article... Read full article...
Monday, December 19, 2016
SPX may be hit by a double whammy / Stock-Markets / Stock Markets 2016
While the SPX Premarket is slightly positive it has a cluster of Primary Cycle turns starting last Friday and lasting through this week that suggest something remarkable may happen. Friday morning was the terminus of an irregular (truncated) Wave (c) correction. The decline afterwards wasn’t very deep, but enough to cross beneath the trading channel trendline and become trapped beneath it at the close,
Read full article... Read full article...
Monday, December 19, 2016
Bail-Ins Coming To Italy? World's Oldest Bank "Survival Rests On Savers" / Stock-Markets / Credit Crisis Bailouts
The world’s oldest bank and Italy’s third biggest bank, Monte dei Paschi di Siena (MPS), is making a last-ditch emergency attempt as the year ends to convince tens of thousands of ordinary Italian savers to help it escape state hands.
MPS shares fell 8.5% in early trading this morning as the bank began its attempt to entice institutional and retail investors to snap up fresh shares. The bank wants 40,000 retail investors and savers to take part in a complex €5 billion (£4.18bn) bailout. The Tuscan lender said it is pressing ahead with a highly-ambitious plan to persuade private investors to convert their bonds into shares. This process must be completed in the next two weeks – by the end of the year.
Read full article... Read full article...
Monday, December 19, 2016
Stock Market More Short-Term Fluctuations Along Record Highs - Which Direction Is Next? / Stock-Markets / Stock Markets 2016
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
Sunday, December 18, 2016
Stock Market Consolidation? / Stock-Markets / Stock Markets 2016
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 2270 has now been met, but there are higher counts that could still be filled before a serious reversal take place.
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.
Read full article... Read full article...
Sunday, December 18, 2016
Santa Claus to Extend Trump Stock Market Rally? / Stock-Markets / Stock Markets 2016
In this article, I’m going to point to reasons why I believe this rally has some more juice left in it. I also want to warn that early next year, what I thought would happen in November 2016 should happen in March/April 2017, and that is a 14+% drop.
The Trump phenomenon seems to have caused the normal cycles to misbehave and extend. After further examination into Primary Wave 4, I have come to the conclusion that I need to revise the timing of the final Millennial Wave top out to a possible 3 years (that IF is Intermediate Wave Z of Primary Wave 4 extends out to the end of 2018 instead of year end 2017).
Read full article... Read full article...
Saturday, December 17, 2016
Stocks Just Triggered a Major “Topping” Signal… Next Up is the Bloodbath / Stock-Markets / Stock Market Crash
The markets are priming for a major inflection point.
I cannot remember a time when investors were more bullish. The Dow is currently more overbought (based on the 14 day relative strength index) than at any point in the last 20 years.
Read full article... Read full article...
Saturday, December 17, 2016
The 70-year US Treasury Bond Market Cycle and SPX Stocks Bull Market / Stock-Markets / US Bonds
The market started the week at SPX 2260. After a slightly lower open on Monday the SPX rallied to the current uptrend high at 2278 on Tuesday. On Wednesday the FED raised rates for the first time in a year and the market pulled back to SPX 2248. Then a rally on Thursday to SPX 2272 was followed by a smaller pullback into a Friday 2258 close. For the week the SPX/DOW were mixed, and the NDX/NAZ were mixed. Economics reports were plentiful and ended the week slightly positive. On the downtick: export/import prices, industrial production, capacity utilization, housing starts, build permits, plus the treasury budget increased. On the uptick: retail sales, the CPI/PPI, NY/Philly FED, the NAHB, the WLEI, plus weekly jobless claims declined. Next week’s reports will be highlighted by Q3 GDP, leading indicators and the PCE index. Best to your pre-holiday week!
Read full article... Read full article...