Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Thursday, August 11, 2016
Stock Market: Likely Pullback into Friday / Stock-Markets / Stock Markets 2016
I tracked the 4/8 TD lows and they point to 3:45 PM EDT Friday for the expected low. Friday is the 32 TD low +1. It is also close enough to the 35 TD low due Tuesday next week (35-2). This would then thrust the market up for 4 to 5 TD's based on the minimum normal out of a16/32 TD low and that is an August 18th or 19th top (August 18 is the full moon/lunar eclipse and Bradley turn/August 19th is OPEX). August 19th is 8 TD's from the August 9 top. August 18th is the exact 66-week top from the May 20/21, 2015 top. IF all goes according to my perceptions, we should see THE top for the year in the stock market next week.
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Thursday, August 11, 2016
The Chartology of the Dow Jones Industrial Average ..A Case for Optimism / Stock-Markets / Stock Markets 2016
Lets start off by taking an indepth look at the INDU as a proxy for the other US stock markets. A year ago this month the INDU put in an important low which has held support. A very strong rally ensued which took the INDU up to the 17,975 area where it topped out and began another strong decline. This next decline ended in the same area as the August 2015 low and formed a double bottom which is a reversal pattern.
The next rally phase took out the previous high by 200 points up to 18,167 where the next decline began, but this time the bears could only push the price action down to the 17,330 area which looked like it might be an important low. Then came the infamous BREXIT vote which made a slightly lower low with the INDU closing that day below the 200 day moving average. If you recall markets from all over the world were tanking hard but that decline ended just as fast as it began.
This first daily chart is just a simple look at the price action I described above, with one trendline which I’m calling a support and resistance line, above is bullish and below is bearish. That simple S&R line could also be called a double bottom trendline, which would be a five month double bottom reversal pattern.
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Thursday, August 11, 2016
Stock Market Some Selling...Oscillators Weak...Will It Matter?... / Stock-Markets / Stock Markets 2016
The market tried to sell, but wouldn't after gapping up a bit this morning. It would sell and naturally it would come right back up. This is normal protocol with this market. Today the market tried a bit harder to finally sell some. The question being asked is whether it's the real deal, or not, and to that I say, why judge it! The oscillators on the daily charts stink. Plain and simple. They stink. They're extremely elevated with positive lines trying to cross down below negative lines. They've been overbought over and over for quite some time. These issues unto themselves are reasons to have a pullback. Don't start thinking about bear markets just because we sell some.
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Thursday, August 11, 2016
Why the U.S. Benefits from Global Financial Crisis / Stock-Markets / Financial Crisis 2016
Let’s turn our attention to the global economy. Last week the Bank of England said it would buy 60 billion pounds of government debt in order to cushion the economy against the impact of the recent Brexit vote. England and the European Union are emulating the quantitative easing (QE) policies of the U.S. Federal Reserve but so far without any measurable success.
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Wednesday, August 10, 2016
13 Biggest Political and Financial Distortions in the World—Here’s What it Means for Investors / Stock-Markets / Financial Markets 2016
BY JARED DILLIAN
These are strange times.
Here’s a list of the top 13 strange things out there right now:
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Wednesday, August 10, 2016
Nassim Taleb Warns The Biggest Black Swan Event of All Is Coming / Stock-Markets / Stock Markets 2016
We are at an incredible moment in history.
US stock markets are at nominal all-time highs. Government bonds are at or near all-time highs. Yet, central banks worldwide sit at 0% interest rates or less because things are too precarious to even raise rates a paltry 0.25% for fear of collapsing the entire system.
In “traditional” economics this makes no sense. But we are far out of “traditional” now… we are in the extreme end-stages of a collapsing system. When that happens, nothing makes sense from a traditional/normal perspective.
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Wednesday, August 10, 2016
Stock Market Retrograde Uranus / Stock-Markets / Stock Markets 2016
The chart below shows an alternative wave count to the one I proposed earlier this week. At this juncture (8/9/16), we have made a new high at 2187. The daily Stochastics is not confirming this new high, and the top looks irregular along with a tight Bollinger Band. In the past, the market may have pulled back nearly 10% from one of these tops and taken several weeks to do so. But, we have Uranus Retrograde and we may expect the unexpected, especially since the moon conjuncts Saturn and Mars over the next few days in the exaggerated sign of Sagittarius as we get closer to Saturn "Stationary Direct" (lows are often made while the moon is in Sagittarius).
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Wednesday, August 10, 2016
Wake Up and Smell the Stocks Bull Trap! / Stock-Markets / Stock Markets 2016
We are currently experiencing a “Kondratiev Winter” stage in this stock market which is at its’ “tipping” point. This is where nominal to incremental highs on the SPX can be exceeded by 2%, but, by no more than 4%. I am observing a “MARKET FAILURE” right here and now. This is a BULL TRAP!
Last Fridays’, August 5th, 2016 rally in the SPX big price move, on low volume, resulted in no trend change to the larger BEARISH patterns. It does not change the Bearish pattern, but it probably does mean that the current rally will last for at least a few more days. There are multiple times in which rallies are reversed during the early part of the following week after a strong jobs report.
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Wednesday, August 10, 2016
Stock Market August 5-8 High / Stock-Markets / Stock Markets 2016
The July 25 Market Update shared an interesting 60-day cycle which was due on July 22. That cycle scored a direct hit even if the pullback was not as dramatic as in past episodes. On Monday, another, shorter cycle was due. It has averaged about 42 days but has stretched to as long as 47. Either way, this cycle points to a high this week matching our Hybrid Lindsay forecast. The Hybrid forecast is detailed below.
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Tuesday, August 09, 2016
Why Won’t this Damn Stocks Bull Market Crash & Burn? / Stock-Markets / Stock Markets 2016
A man makes inferiors his superiors by heat; self-control is the rule. - Ralph Waldo Emerson
Central bankers are declaring war on cash for one reason only; they want to punish savers and reward speculators and in the process destroy the middle class. The only way to maintain the illusion that all is well is to get the average Joe to embrace this illusory economic recovery and what better way to achieve this then by forcing them to speculate in the markets. The best way to force savers to speculate is to punish them for saving, and that is exactly what central bankers have been doing, and the outlook will only worsen as central banks worldwide embrace negative rates. Those calling for higher interest rates or hoping for them are living on another planet; higher rates are history. The new trend is negative rates and investors need to adapt or die; there is no middle ground here.
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Tuesday, August 09, 2016
SPX at the Edge / Stock-Markets / Stock Markets 2016
Good Morning!
The SPX Premarket is only a point higher after a failed ramp attempt. A decline beneath yesterday’s low at 2177.85 breaks the first support line. The second is also at Short-term support at 2168.39. Both VIX and the Hi-Lo are far enough away from their triggers that it is likely that the second break may also correspond with their trigger levels.
Yesterday’s trading had the lowest volume of the year.
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Tuesday, August 09, 2016
Stock Market Low VIX...Low Volume....Disconnect Widens...Negative Divergences On Daily Charts... / Stock-Markets / Stock Markets 2016
The market is getting more and more boring as volatility gets lower and lower. This is due to complacency setting, which is causing the VIX to drop while volatility falls off the earth. This can play on the emotions of traders as things barely move, and they get bored, which causes over playing and more poor choices for their trading portfolio. The market grinds higher as a bull market gets more mature due to the bears leaving the game for the most part. All that is left are the bulls. But let's face it, most are in the game. Don't let anyone tell you otherwise. With the bulls in and the bears gone, there's not much to move the averages one way or the other, so the market trades in very thin ranges for most of the day and most of the time as well.
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Tuesday, August 09, 2016
Stock Market Narrowly Mixed Consolidation Day / Stock-Markets / Stock Markets 2016
The stock market indices had a down day today, but they did come back in the last half hour. The day started out down, they went down sharply, then bounced off support, retested in the afternoon, held, and then came on strong, but did not manage to get back in the plus column.
Net on the day, the Dow was down 14.24 at 18,529.29, 27 points off the low. The S&P 500 was down 1.98 at 2180.89, 3 points off its low. The Nasdaq 100 was down 6.47 at 4784.74, 14 points off its low.
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Monday, August 08, 2016
Markets: Understand the Present to Forecast the Future (Part 2) / Stock-Markets / Financial Markets 2016
Knowing where you are within a trend helps you see around the next corner
In part 2 of our in-depth interview with Steve Hochberg, Steve explains what else makes Elliott wave analysis so useful and practical.
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Monday, August 08, 2016
Financial Fire Hoses and Helicopters / Stock-Markets / Financial Markets 2016
“The U.S. government has a technology, called a printing press (or today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at no cost.” – Ben Bernanke
Modern finance ultimately comes down to managing serious crises and transitions in a way that is profitable for policy makers and elite. The inevitable chaos, like the death of a fiat currency and the return to a real market price equilibrium, is much more dramatic.
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Monday, August 08, 2016
FTSE Possible Double Top Before Lengthy PBrexit Consolidation / Stock-Markets / UK Stock Market
The FTSE has had a dramatic run since Brexit and appears on a short term basis to be overbought, our current forecast is for a high over the coming weeks at or about 7,000, this short term top remains likely as long as the 10, 20 and 50 day moving averages remain in positive alignment.
You will notice the 300 day moving average beginning to turn up in a positive fashion in our forecast whilst price becomes weak, that is a perfectly reasonable part of a consolidation process. The 50 day moving average should act as support if we get a mini consolidation before we get to 7,000.
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Monday, August 08, 2016
Today is a Stock Market Pi Date / Stock-Markets / Stock Markets 2016
Good Morning!
The SPX Premarket is marginally higher, along with the global equities markets.
ZeroHedge reports, “The meltup continues with the S&P500 set to open at new all time highs as futures rise 0.2% overnight, with European, Asian stocks higher, as job data pushed MSCI Asia Pacific Index towards highest close since Aug. 2015. Germany, U.K. economic data seen positive, with dollar, oil rising, and gold declining.”
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Monday, August 08, 2016
Beware the False Stock Market Breakout / Stock-Markets / Stock Markets 2016
Beware of a false breakout early week. This is how big money gets out of a position. They create a breakout and then sell to the clueless retail traders that buy the breakout. Buying breakouts rarely works in modern markets.
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Monday, August 08, 2016
Stock Market Headed for 10% Decline / Stock-Markets / Stock Markets 2016
All the cycles that I follow are topping for the stock market. In fact, ideally, the SPX should top on Monday 8/8 near 2189. I believe we see 1972 by September 1.
The week ahead should see weakness after initial strength. A rally on Thursday should be the “b” wave of an a-b-c type drop into Friday. The expected large drop on Friday could be a monetary issue as Venus squares Saturn on the 13th as Saturn turns stationary/direct. Venus rules money. Saturn also conjuncts the moon Friday (the moon in Sagittarius is often times the low of the cycle); is also an 8 TD low from the 5 week low last week on August 2.
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Monday, August 08, 2016
Nasdaq Composite Cup With Handle / Stock-Markets / Tech Stocks
I expect we will have new highs in Dow Jones, S&P 500, and the Nasdaq by next week. This is actually a better set-up to short but does not mean this trio will all make new highs next week.
The chart below is of the Comp., with a cup and handle chart pattern. You may have to use a little imagination, but it is there.
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