Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Monday, October 31, 2016
SPX May Rally, But Weakness Remains / Stock-Markets / Stock Markets 2016
The SPX Premarket is running higher this morning and the best Wave analysis I can give is that the Wave [ii] correction may not be over. This may comport with the FOMC meeting on Tuesday and Wednesday with a statement, but no press conference on Wednesday.
The trendline of the Broadening Top offered a support area for a bounce. The target for this retracement may be in the range of the 61.8% level at 2141.01 or as high as Intermediate-term resistance at 2147.58, which is also the 78.6% retracement level.
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Monday, October 31, 2016
More Short-Term Stock Market Uncertainty Following Economic Data, Earnings Releases / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,180, and profit target at 2,020, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook is neutral, following S&P 500 index breakout above last year's all-time high:
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Monday, October 31, 2016
The Fed’s LITERALLY Broadcasting That a MAJOR Monetary Event Is About to Happen / Stock-Markets / Financial Markets 2016
The biggest moves… the ones that make the MOST money in the markets are the ones no one is talking about for months.
With that in mind, you NEED to know that the Fed is going to let inflation run wild in the US.
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Monday, October 31, 2016
Stock Market Reluctant Selling / Stock-Markets / Stock Markets 2016
Current Position of the Market
SPX Long-term trend: The long-term trend is up but weakening. Potential final phase of bull market.
SPX Intermediate trend: The uptrend from 1810 continues, but it has entered a corrective phase which could extend into November.
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, October 30, 2016
Stock Market, Precious Metals: the Month Ahead / Stock-Markets / Stock Markets 2016
The astrological themes going forward surround around Neptune which rules lies, deceit, secrets, radicalism, illegal activities and fraud. Mars (war tensions: think Russian naval movements into the Mediterranean) is also implicated, especially early in the month of November surrounding the dates of November 1-4. Gold could see a big move up around Nov 3-4. GDX could rally to around 26.00.Read full article... Read full article...
Saturday, October 29, 2016
SPX Stock Market Downtrend Continues / Stock-Markets / Stock Markets 2016
The market started the week at SPX 2141. After a gap up opening on Monday, and a SPX 2155 high, the market pulled back into Wednesday hitting 2132. Another gap up opening on Thursday took the market to SPX 2147. But another pullback dropped to the SPX to 2119 on Friday. For the week the SPX/DOW mixed, and the NDX/NAZ lost 0.95%. Economic reports for the week were again mixed. On the downtick: consumer confidence/sentiment, new home sales, durable goods, and the WLEI declined. On the uptick: Case-Shiller, FHFA housing, pending home sales, Q3 GDP, plus weekly jobless claims declined. Next week will be highlighted by the FOMC meeting, the ISMs and monthly Payrolls. Best to your week!
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Friday, October 28, 2016
$50 Trillion in Cash Is Sitting on the Sidelines Today / Stock-Markets / Financial Markets 2016
Dear Parader,
I have just come off what can only be described as “Hell Week” in opening Bad Brothers Wine Experience.
To give you a sense of the enterprise, below are photos of Bad Brothers four days before we opened, and a photo on opening day.
The dramatic difference between before and after is attributable to the way many Argentines approach a job. Weeks, or even months, can go by with modest progress, but when the deadline is staring them in the face like the proverbial onrushing train in the tunnel, 30 or 40 people show up at the door like the company of dwarves in The Hobbit.
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Friday, October 28, 2016
Nasdaq 100 Takes Out Support, S&P 500 Hangs on by a Thread / Stock-Markets / Stock Markets 2016
The stock market indices had a very strong gap up at the opening today, they reached resistance, and then they came down pretty hard the rest of the session to finish negative on the day and near the session lows going away.
Net on the day, the Dow was down 29.65 at 18,169.68, but was 85 points higher at one point in the day. The S&P 500 was down 6.39 at 2133.04, 14 points off the high. The Nasdaq 100 was down 24.15 at 4836.45, nearly 50 points off the high. So you can see how that nasty reversal affected the market.
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Thursday, October 27, 2016
Stock Market Short-Term Uncertainty Following Economic Data, Earnings Releases / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,210, and profit target at 2,050, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook is 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, October 27, 2016
Not a Pretty Day for the Stock Market / Stock-Markets / Stock Markets 2016
The stock market indices had a volatile session, first gapping lower and snapping back sharply to fill that gap, only to roll over, retest, and slightly take out the lows before a late rally brought them back.
Net on the day, the Dow was up 30.06 at 18,199.33. The S&P 500 was down 3.73 at 2139.43, 8 points off its low. The Nasdaq 100 was down 30.86 at 4860.59, 11 points off its high.
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Wednesday, October 26, 2016
4 Incredible Market Forecasts You Have to See to Believe / Stock-Markets / Financial Markets 2016
Dear reader,
Consider the common thread among these four market calls:
Read full article... Read full article...Forecast 1: A two-month, double-digit rally in a blue-chip stock index, even as investor sentiment hit a negative extreme last seen at the epic market lows of March 2009.
Wednesday, October 26, 2016
3 Reasons Ex-Wall Street Trader Jared Dillian Is Stock Market Net Short Today / Stock-Markets / Stock Markets 2016
BY MAULDIN ECONOMICS : Take profits and batten down the hatches. That’s the advice of former head of ETF trading Jared Dillian. He believes equity markets are likely to see a rough ride in the next few months.
In a recent interview with Mauldin Economics, Dillian elaborates on three red flags that make a case for a near-term pullback in stocks. Dillian first notes that “the price action is really not that good” in various financial markets.
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Wednesday, October 26, 2016
The Aging of the Microchip Industry Is the Reason Behind This Economic Malaise / Stock-Markets / Technology
BY GEORGE FRIEDMAN : Classical economics argues that as capitalism matures, competition causes both wages and profits to decline. Wages go down because the early successes of capitalism cause more workers to compete for jobs. Profits decline because more businesses enter markets, causing business failure.
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Wednesday, October 26, 2016
The Next big Catalyst for Stocks and Commodities / Stock-Markets / Financial Markets 2016
We’re about to enter that time when financial commentators offer up their best guesses as to what investors can expect in the Near Year. It always makes for fun reading, but it also never fails to disappoint. Instead of engaging in that tired exercise in futility, investors would do better to focus on something more productive. And that would be next year’s most likely catalyst for stock and commodity prices.
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Wednesday, October 26, 2016
Stock Market Cycle Shift / Stock-Markets / Stock Markets 2016
Last week’s commentary stated that we expected to see a high in the Dow no later than Wednesday. That high didn’t come a day too soon as the index topped on Wednesday at 18,252 and fell to an intra-day low on Friday at 18,050.The Hybrid Lindsay model points to a low this week and it looks increasingly as if the low will come late as short-term cycles have shifted to be more in line with the Lindsay intervals pointing to a low this Friday.
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Tuesday, October 25, 2016
Today is a Stock Market Daily Turn Date / Stock-Markets / Stock Markets 2016
While SPX hasn’t broken out above 2154.79 in the Premarket, there is a threat of a final probe to the 50-day Moving Average at 2161.11 that may turn the double zigzag (w-x-y) into an a-b-c formation, which is more appropriate for a Wave 2. That appears to be the pattern in the futures, although the futures and cash markets don’t necessarily have to agree in pattern.
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Tuesday, October 25, 2016
Another Stock Market Gap Goes Nowhere....Huge Earnings Week... / Stock-Markets / Stock Markets 2016
Let's start with the world of earnings. There have been so many pre-warnings, meaning warnings that were announced before the actual earnings date, that we know the season got off to a bad start. Some giants warned ahead of time, but now we'll focus on those who are waiting for their actual day to announce. This morning we got Kimberly-Clark Corporation (KMB), an economically-sensitive stock, to report, and it wasn't pretty. It was down huge for the day. What's so amazing to me so far this particular-earnings season is how low the bar has been set for just about everyone, since we are dealing with eight straight quarters of lowered earnings expectations. It would be easy, one would think, for most to beat with no problem. The actual numbers may be weak, but they are better than expected. Right!? Not happening so far overall. Always good beats, but the number of bad reports is adding up, once again, more than anyone would like.
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Monday, October 24, 2016
Why are Americans Avoiding the Stock Markets; Fear or Lack of Money? / Stock-Markets / Stock Markets 2016
"A champion is afraid of losing. Everyone else is afraid of winning." ~ Billie Jean King
The financial crisis of 2008 scarred many individuals and scared away even more; add in the Great Recession, and one can see that the average can come up with many reasons to avoid the stock market. To make matters worse, the unemployment rate remains stubbornly high, and wages in most instances are dropping instead of rising which means that many Americans have little to no disposable income left after expenses. Don't for one second believe the twisted statistics issued by the BLS (Bureau of labour department); those statistics are on par with toilet paper.
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Monday, October 24, 2016
SPX may be completing a double zigzag pattern / Stock-Markets / Stock Markets 2016
The SPX Premarket appears to be challenging the Triangle formation and the two-hour mid-cycle resistance at 2146.56 in a double zigzag pattern. This may explain the overlapping, corrective structure of the retracement of the decline between October 10 – 13.
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Monday, October 24, 2016
Stocks, Crude Oil and EURUSD Trend Forecasts / Stock-Markets / Financial Markets 2016
We should now begin to see a drop in WTI over the next couple of months and in to 2017, so far the consolidation that has ocurred over the last few weeks has been as forecast and the next down phase we have been modelling for months is now due.
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