Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Saturday, September 10, 2016
Jubilee Jolt: Dow Down 400, Stocks Smashed In Biggest Drop Since Brexit / Stock-Markets / Stock Markets 2016
It was just two days ago that we wrote, “Gold Has Biggest One Day Rally Since Brexit as Elites Rush Into Gold”.
Now, to end the week, US stocks had their biggest drop since Brexit on Friday.
The Dow Jones Industrial Average fell 394.46 points, or 2.1%, to 18085.45, and the S&P 500 declined 2.45%, while the Nasdaq Composite lost 2.5%.
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Saturday, September 10, 2016
Are These Billionaire Bets Ringing Bells at the Stock Market Top? / Stock-Markets / Stock Markets 2016
The billionaires are coming out of the woodwork.
Carl Icahn paid his way through Princeton playing poker. The man understands risks and has accrued one of the largest fortunes in history playing the markets. Regardless of whether or not you think he’s a shark when it comes to activism, he usually wins and wins big.
Icahn is more bearish now than at any point in his life. He has 149% NET short the market.
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Saturday, September 10, 2016
Stock Market Hard Gap Down And Run.... Fed Governor's Talking Rate Hike... / Stock-Markets / Stock Markets 2016
When you have negative divergences on an index chart, or any chart for that matter, you're waiting for a gap down to occur in order to get that negative divergence to kick in and create real down side action. The gap down we saw today was quite powerful, but what was even more impressive was the gap and run lower. Many times we get a gap down, but most of the damage is done in the first few minutes. After that the market starts to recover and all is forgiven. This gap down didn't have those characteristics. Quite the opposite. It gapped down quite nicely and kept running lower. A sign of real selling from the big boys and girls who rule price. A negative divergence can be in place for weeks or months before the right candle stick hits and carries it appreciably lower.
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Saturday, September 10, 2016
Unlock Your Inner Contrarian With This Free Report on Apple, S&P and more. / Stock-Markets / Financial Markets 2016
Dear Reader,
Consider the common thread in these recent market calls:
Read full article... Read full article...Forecast: A 70% decline in the base commodity that runs the industrialized world (when most traders were bullish).
Friday, September 09, 2016
Stock Market Sell Signals Confirmed / Stock-Markets / Stock Markets 2016
SPX has broken the 50-day Moving Average at 2164.60 and is challenging the 2-hour Cycle Bottom. Because this is the crash decline, it may not stop for the trendline, either.
The SPX decline has a lot of downside work to do, so don’t be surprised.
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Friday, September 09, 2016
Stock Market - The Sh-- Hits the Fan / Stock-Markets / Stock Markets 2016
Good Morning!
SPX Premarket is down, breaking through the 2-hour mid-Cycle support and challenging the 50-day Moving Average. Should the SPX open beneath the 50-day, it may open the floodgates of selling.
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Friday, September 09, 2016
The ECB’s Private Deals Are Distorting the European Markets / Stock-Markets / ECB Interest Rates
ECB President Mario Draghi famously pledged to do “whatever it takes” to restore eurozone growth. His attempts to fulfill that promise have led to NIRP and other bizarre policies like the central bank’s massive asset purchases.
Whether the ECB’s interventions are helping the eurozone economy is not yet clear. But they are certainly having consequences. One is the appearance, if not the reality, of central bank interference and favoritism.
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Friday, September 09, 2016
Will Deutsche Bank Crash The Global Stock Market? / Stock-Markets / Stock Market Crash
The past year has seen its fair share of worries. From the China slowdown to the Brexit, successive waves of overseas fear have rolled onto our shores since 2015, yet none of them were the Tsunamis the bears had predicted.
The latest foreign fear concerns the possibility for a global credit crisis led by the collapse of a major international bank. A simplified summary of this scenario goes something like this: Deutsche Bank is on the brink of bankruptcy and its insolvency could spark a systemic European banking crash. This in its turn could send shockwaves throughout the global financial system, resulting in widespread economic turmoil on par with the previous worldwide crisis.
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Thursday, September 08, 2016
China New Stocks Bull Market Underway? / Stock-Markets / Chinese Stock Market
If it wasn’t for the quantification of waves by OEW this volatile index would look more like a commodity index than a stock index. When reviewing the entire history of the SSEC we see a series of volatile up moves followed by longer and less volatile down moves. In fact, nearly all of the bullish trends have lasted only 1-2 years, while the bearish trends have taken as long as 4 years.
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Thursday, September 08, 2016
Stocks Remain Close To Record Highs, Which Direction Is Next? / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,210, 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 now 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 08, 2016
U.S. Stocks Election Jitters Coming? / Stock-Markets / Stock Markets 2016
Everyone seems to think we are going to get a big sell off right after the elections. I doubt that will happen as we will be entering the most bullish time of the year (not to mention the Nasdaq is breaking out of its 15 year consolidation). The last two intermediate cycles were about normal in duration. I expect this cycle to stretch a bit and possibly not bottom until January.
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Wednesday, September 07, 2016
SPX May have made its Reversal / Stock-Markets / Stock Markets 2016
Good Morning!
Today is proposed to be a Trading Cycle pivot day, so this may be what we have been looking for.
This decline may go directly to the belly of the Beast, as Wave (3) of [1] appears to be capable of making a Primary Cycle low on or around September 21. Primary Cycles are often awe-inspiring in their strength and breadth. This is also the decline into point 8 of the Orthodox Broadening Top, which is often a panic low.
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Wednesday, September 07, 2016
Stock Trading based on Mainstream Media Perfect recipe for Losses / Stock-Markets / Stock Markets 2016
"Emotion is primarily about nothing, and much of it remains about nothing to the end." ~ George Santayana
If CNN, FOX, CNBC, etc. are the primary sources you use to base your investment decisions on, perhaps it is time for a change in strategy. These outlets focus on amplifying the "noise factor". Their only function is to make sure that the crowd will over react to any given event.
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Wednesday, September 07, 2016
Stock Market Closed Near the Highs for the Day / Stock-Markets / Stock Markets 2016
The stock market indices started the week off with an up-session, closing near the highs for the day going away. The day started out with a move up to resistance, a sharp pullback that held support, and then they rallied to midday, consolidated until the last thirty minutes when they surged slightly, and finished near the highs.
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Tuesday, September 06, 2016
Economic Forecasts Have Nothing to do With Stock Market Direction / Stock-Markets / Stock Markets 2016
"Wise men are instructed in reason men of less understanding by experience; the most unknowing learn by necessity. Wise men do in the beginning what fools in the end." ~ Anonymous
Trying to gauge where the economy is headed is almost always a waste of time; other than pouring over seams of data and losing a large dose of time, you will be none the wiser. If this activity were indeed useful then almost all Economists would be millionaires; sadly, they are not. They are usually working for large multi-million or billion dollar corporations, who can afford to hire them to come out with these silly scenarios that they do not even believe in; it is not by coincidence that economics is referred to as the "dismal science."
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Tuesday, September 06, 2016
Stocks and Bonds All Time Highs and Lows … and the Great Collapse / Stock-Markets / Financial Markets 2016
Stocks and Bonds:
Dow Jones Industrial Index – high 18,636 on August 15, 2016
S&P 500 Index – high 2,190 on August 15, 2016
NASDAQ Index – high 5,262 on August 15, 2016
T-Bonds – the 30 year bond high was 176.94 on July 8, 2016
Dow Transportation Average – high on December 29, 2014 – Oops! Dow Theory says we should be worried about an unconfirmed market top.
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Tuesday, September 06, 2016
Financial Markets All is Quiet / Stock-Markets / Financial Markets 2016
It has been a very quiet weekend. The SPX Premarket is mildly positive as I write. The market is basically directionless.
ZeroHedge writes, “The return from summer holidays has started in much the same way as we left off August, with another subdued session that has seen European stocks little changed, Asian shares advance and S&P futures are modestly in the green amid a flurry of M&A. The US dollar weakened, with the Bloomberg Dollar Index down 0.2% for the 2nd day in a row as prospects for a U.S. interest-rate hike this month remained subdued.”
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Tuesday, September 06, 2016
Stock Market More Short-term Distribution / 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. It could soon enter 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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Tuesday, September 06, 2016
5 Reasons to Be Worried about US Stock Markets / Stock-Markets / Stock Markets 2016
The NYSE and NASDAQ stock markets have been on a historic bull run since 2009. The NYSE has bounced back to just under 11,000 from a low of 4,716 during the Financial Crisis. The other major indices have put in similar performances.
There was a 10% or so correction early this year, but US stock markets rebounded strongly.
It’s rare for stocks not to see a major market correction in more than eight years. Many analysts also argue that macroeconomic fundamentals aren’t strong enough to support stock valuations… even if the US is performing better than Europe and other global economies.
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Tuesday, September 06, 2016
A Look at September: Gold and Stock Market / Stock-Markets / Stock Markets 2016
The month ahead looks choppy for both markets. Gold (especially the miners) has just come off of hard drop, so we may expect an upward/sideward bias until we get past Mercury Rx (retrograde) around September 22, where we could see a more explosive up move into early October with a GDX target above 33. Next week looks fairly bullish to me, but with some attempt at selling the rallies (look for the 28.43 area Wednesday and also around 29 Friday to be sell zones). Tuesday may go down and if it does, would represent a nice buying opportunity in the miners and PM's, IMO. Taking profits early when in Mercury Rx is usually a wise idea.
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