Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.
Thursday, September 29, 2016
SPX is at the 80% retracement. Will it turn here? / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
Good Morning,
Thus far the SPX has made an 80% retracement. Normally this would be a dubious distinction, since the odds grow of making a new high beyond the 78.6% retracement. However, this seems to be standard operating procedure for this top, so we’ll have to monitor it as it develops. Being the end of the quarter doesn’t help the bearish cause, but a lot of big name stocks are not making new highs, which is a first.
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Thursday, September 29, 2016
Stocks Extend Their Short-Term Gains, But Will They Continue Higher? / Stock-Markets / Stock Markets 2016
By: Paul_Rejczak
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, September 29, 2016
BlackStone Group Says The Stock Market Is The Most Treacherous They Have Seen / Stock-Markets / Stock Markets 2016
By: Jeff_Berwick
There has rarely ever been another time like this.
Not since 1999 and not since 1929 before that, have so many billionaires, central banksters, financial elites and fund managers, warned that we are on the verge of a catastrophic bust.
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Thursday, September 29, 2016
Could the OPEC deal set stage for the Next Stock Market Risk Rally? / Stock-Markets / Stock Markets 2016
By: John_Mesh
We have been advising our clients about the market internals and fundamentals to be mildly bullish. Against popular opinion we have stuck to our guns that market will rally before the next big correction. The news of an OPEC deal could be the trigger if true. Reuters and other media outlets reported from Algeria on Thursday that OPEC members had agreed to cut oil output for the first time since 2008. Reuters reported OPEC members would limit production to a range of 32.5 million to 33 million barrels per day, down slightly on August's output of 33.2 million barrels a day, but there were few details availabe on the deal. Oil prices surged about 5 percent in response, with West Texas Intermediate trading at $46.75 per barrel. Without a deal, analysts had said oil could plunge to $40 or lower. ItThe OPEC deal to cut oil production may provide a short-term support for prices, but chances are it won't change the supply outlook much, Goldman Sachs said. Goldman said in a note to investors that it was sticking with its forecasts for WTI at $43 a barrel for the end of this year and $53 a barrel in 2017. The investment bank had cut its year-end forecast this week from $50 a barrel.
Thursday, September 29, 2016
OPEC Announcement Triggers Late Stock Market Rally / Stock-Markets / Stock Markets 2016
By: Harry_Boxer
The stock market indices had a turn-around Wednesday as the markets exploded. However, in the morning, they came down hard, held secondary support, and then rallied smartly, accelerating, in particular, when OPEC made the announcement that they may have come to an agreement on production cuts. At that point, the Nasdaq 100 rallied from 48.50 to 48.78, and the S&P 500 rallied from 21.52 to 21.72, both closing near the highs for the day.
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Thursday, September 29, 2016
Is a Dollar Crash Imminent After the Senate Overrides Obama Veto on Saudi 9/11 Bill? / Stock-Markets / US Dollar
By: Jason_Hamlin
President Obama just had his first veto override of his entire presidency today, as the Senate and House both voted to override his veto of the 9/11 victims bill, Justice Against Sponsors of Terrorism Act (JASTA). As of this moment, the Sept 11 bill is now law.
Intense lobbying by both the Obama Administration and the Saudi government didn’t amount to much in the end, with strong public support leading to a 97-1 veto override vote today. The long defector from the unanimous vote back in May was Sen. Harry Reid (D – NV). The House easily cleared the two-thirds threshold with a 348-77 vote.
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Wednesday, September 28, 2016
Here’s Why You Should Be in Cash Right Now / Stock-Markets / Financial Markets 2016
By: John_Mauldin
BY JARED DILLIAN : People are seriously undereducated on the benefits of being in cash.
The cool thing about cash is that it doesn’t go down. You can’t lose money if you have cash—unless it gets stolen or your bank account gets hacked. We don't have negative rates in the US yet, so you can’t complain about that. If you have money in cash, you will earn zero.
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Wednesday, September 28, 2016
Stocks Commodities and FX Markets Waiting Technically While Fundamental Data Neutral Poised / Stock-Markets / Financial Markets 2016
By: John_Mesh
The benchmark S&P 500 gyrated at open, showed indecision during the first 90 minutes of trading and then rose to its 0.70% intraday high in the early afternoon. It then traded in a narrow range and closed with a slightly trimmed gain of 0.64%, reclaiming a bit over half the pre-debate selloff following last week's "no rate hike" rally. The yield on the 10-year note closed at 1.56%, down three basis points from the previous close. Here is a snapshot of past five sessions in the S&P 500.
Tuesday, September 27, 2016
The Free Market Always Prevails / Stock-Markets / Financial Markets 2016
By: Michael_Pento
The global securities market got a surprise recently when U.S. core consumer price inflation crept up to 2.3% year over year in the month of August. This closely followed core measure, which strips out the more volatile food and energy costs, increased 0.3%; this was the biggest rise in core CPI since February.
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Tuesday, September 27, 2016
Stock Market Crash and Recession Indicator Warning: Extreme Danger Ahead / Stock-Markets / Financial Crash
By: Harry_Dent
When it comes to spotting danger periods for recessions, and especially major crashes, the Boom/Bust Cycle lets us see when stock crashes and recessions are most likely to occur. As my fourth key macroeconomic cycle, this makes it the most important one I have innovated since the Generational Spending Wave in 1988.Read full article... Read full article...
Tuesday, September 27, 2016
Financial Markets and FX Setups 27th Sept / Stock-Markets / Financial Markets 2016
By: Submissions
Joy Mesh writes: The analysis for markets and various inter connected price action which will allow our clients to be better placed. Major markets around the globe sold off yesterday. The source of the anxiety may have been the presidential debate. S&P 500 plunged at the open and, after a puny bounce, sold off to a narrow mid-afternoon trading range. The yield on the 10-year note closed at 1.59%, down three basis points from the previous close. Here is a snapshot of past five sessions in the S&P 500.
Tuesday, September 27, 2016
Crude Oil, Forex and Stock Market Trend Forecasts / Stock-Markets / Financial Markets 2016
By: Ken_Ticehurst
We are forecasting a drop in the commodities complex over the next few months with the possibility of some important lows at the start of next year. WTI now appears to be forming a top, it would appear as though the dead cat bounce that has lasted throughout this year is running out of steam and we should see the push for lower lows over the next couple of months.
Tuesday, September 27, 2016
Warren Buffett Is the Latest Billionaire To Jump Ship From The Markets / Stock-Markets / Financial Markets 2016
By: Jeff_Berwick
Right now the market is perceived to be so dangerous that it’s even chased the most fearless value investors to the sidelines.
Just this evening, in the Presidential debate, Trump warned that the stock market was a bubble “about to pop”.
Now, the bearish billionaire circle has grown even wider with the addition of Warren Buffett.
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Tuesday, September 27, 2016
Deutsche Bank News Hits Stock Market.... / Stock-Markets / Stock Markets 2016
By: Jack_Steiman
Angela Merkel, the leader of the financial world in Germany, told Deutsche Bank that they're on their own should things spiral out of control for them. The bank has been having trouble and when someone has trouble the world expects the usual reply, which is have no worries, we'll do whatever it takes to protect you. This time Merkel said you're on you're own.
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Monday, September 26, 2016
September Stock Market - The Not So Silent Demise of Deutsche Bank / Stock-Markets / Stock Markets 2016
By: Christopher_Quigley
Since May 2007 Deutsche Bank’s share has dropped from 175 US Dollars to 12 US Dollars (approx.) as we speak. Suddenly “the wires” are going viral with updates on the catastrophic state of the bank’s balance sheet. Here is what Kenny Polcari, of Morning Thought Blog” had to say today:
Deutsche Bank is leading the banks and banking indexes lower - as they dropped to a record low amid concerns that mounting legal bills associated with the sub-prime mortgage crisis, commodity (precious metals) trading and large money transfers out of Russia are all complicating the drama and may force the German lender to raise capital. The stock fell by 7% - bringing ytd losses to 53%.
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Monday, September 26, 2016
SPX sell signal confirmed / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
Short-term support is now broken and the Cycle Bottom support at Head & Shoulders neckline are likely to be in play. SPX is on a confirmed sell signal. Today’s action may match that of September 9. Be on the lookout for a break of the neckline near 2130.00.
Monday, September 26, 2016
SPX is testing the next level of support / Stock-Markets / Stock Markets 2016
By: Anthony_Cherniawski
The SPX Premarket is challenging its Short-term support at 2156.02 and may open beneath it after closing beneath its 50-day Moving Average on Friday.
ZeroHedge reports, “While today's biggest event for both markets and politics will be tonight's highly anticipated first presidential debate between Trump and Hillary, markets are waking up to some early turmoil in both Asia and Europe, with declines in banks and energy producers dragging down stock-markets around the world, pushing investors to once again seek the safety of government bonds (and yes, flattening the JGB curve even more much to the chagrin of the BOJ) and the yen.”
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Monday, September 26, 2016
Stock Market New Downtrend Or Just Downward Correction Before Another Leg Higher? / Stock-Markets / Stock Markets 2016
By: Paul_Rejczak
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
Monday, September 26, 2016
Stock Market New All Time Highs Next / Stock-Markets / Stock Markets 2016
By: Paul_Rejczak
The week started at SPX 2139. The market rallied, after a gap up opening, to SPX 2154 on Monday. Then after the opening gap was closed on Monday the market finished unchanged. This sequence continued on Tuesday: gap up opening- close gap. On Wednesday another gap up opening-close gap sequence occurred, but during the FOMC statement/press conference the market rallied. The rallied continued to SPX 2180 on Thursday after another gap up opening, then pulled back to 2164 on Friday. For the week the SPX/DOW gained 1.4%, and the NDX/NAZ gained 1.4%. Economic reports for the week were sparse and mostly negative. On the downtick: housing starts, building permits, existing home sales, leading indicators and the Q3 GDP estimate. On the uptick: the NAHB, FHFA and weekly jobless claims improved. Next week’s reports will be highlighted by Q2 GDP, the PCE and the Chicago PMI. Best to your week!
Sunday, September 25, 2016
Stock Market More Correction Likely / Stock-Markets / Stock Markets 2016
By: Andre_Gratian
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.
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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