Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Tuesday, August 02, 2016
Stock Market Sell Signals Made / Stock-Markets / Stock Markets 2016
SPX has broken down beneath 2159.07. It is on an aggressive sell signal.
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Tuesday, August 02, 2016
Stock Market August Starts with a Bang! / Stock-Markets / Stock Markets 2016
The stock market indices started the week and month off with a bang. The day started out with a big, strong rally to new highs on the Nasdaq 100, and new all-time highs on the S&P 500, tagging 2178. But that didn’t last long. They then plunged midday, got to pullback lows and session lows on the S&P 500, tried to rally mid-afternoon in a kind of choppy, bear-flag formation, and then pulled back in the last hour, only to bounce in the last thirty minutes, finishing mixed on the day.
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Tuesday, August 02, 2016
Economic Confidence Index Plunges while Stock Market Makes Record Highs / Stock-Markets / Stock Markets 2016
The Gallup Poll has released an Economic Confidence Index which reflects the sentiment of Americans, as it pertains to the economy.
As the stock market makes new record highs and the housing “bubble” market soars, one would expect that the “average” American would be smiling from ear to ear. However, the chart below appears to present nothing but gloom and doom. The Gallup Polls results are dumbfounding the American public as to why this divergence has occurred. I feel we have touched upon a few points as to why this is occurring.
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Monday, August 01, 2016
Stock Market More Short-Term Uncertainty As Stocks Hover Along Record Highs / 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
Monday, August 01, 2016
Financial Markets May Become Disruptive! / Stock-Markets / Financial Markets 2016
My biggest concern regarding the last low on June 27th was the fact that the Dow Indu did not make an intervening high on June 8 as the SPX did, which means the Dow Indu likely finished wave Y on July 14th AND June 8th was NOT wave Y of an XYZ bull flag for the SPX, but rather Wave W of a bearish WXY flag! It had the appearance of a Y wave on the SPX (and other indices), so the June 27 low appeared to be a Z wave when in fact it was likely an X wave, but shot the market higher anyway as Wave Y had to play out with a y of Y type wave.
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Monday, August 01, 2016
The Weekly Charts for Nasdaq, Gold, Miners, France, UK, Germany, Dollar... / Stock-Markets / Financial Markets 2016
Most traders are so short term oriented that they forget to look at the weekly charts. The weeklies will tell you the intermediate trend. It’s never safe to trade against the intermediate trend unless it is very late in the intermediate cycle.
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Monday, August 01, 2016
Stock Market Consolidation/ Correction Continues / Stock-Markets / Stock Markets 2016
Current Position of the Market
SPX Long-term trend: The long-term trend is at an all-time high.
SPX Intermediate trend: The uptrend from 1810 has continued to a new high.
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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Saturday, July 30, 2016
SPX Stock Market Uptrend Resumes / Stock-Markets / Stock Markets 2016
The week started off at SPX 2175, then spent the entire week trading within the two week, 20 point/1% trading range, until it nudged above it by one point on Friday. In the end the SPX made an all time high at 2177. For the week the SPX/DOW lost 0.45%, and the NDX/NAZ gained 1.30%. Economic reports for the week were negatively biased. On the downtick: Case-Shiller, consumer confidence/sentiment, durable goods, the Chicago PMI, plus weekly jobless claims rose. On the uptick: Q2 GDP, new/pending homes sales. Next week will be highlighted by monthly payrolls and ISM.
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Saturday, July 30, 2016
Durable Goods....GDP, Q2 And Q1 Disasters.... Stock Market Smiles... / Stock-Markets / Stock Markets 2016
The only thing it seems that can hit this market hard to the down side in a sustainable fashion would be if the market smelled a rate-hike cycle about to begin. Bad news on its own doesn't have any effect on how the market trades. The uptrend remains in place. We know this by two report s that came out this week. The first was the Durable Goods Report, which showed a number well below expectations. Folks just aren't spending on those household goods. That bad news was follow-up by really bad news on the GDP on two fronts. The Q1 number was revised way down to 0.8% growth. To add insult to injury, the market had to deal with a 1.2% number this quarter, but the number was supposed to be all the way up at 2.6% growth. That's more than just your average miss. That's a disaster!
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Saturday, July 30, 2016
Some Thoughts at the Stock Market Mountain Top / Stock-Markets / Stock Markets 2016
There are several indicators Suggesting this is the terminal move and that it may, in fact, be complete. I thought I’d review those items and put in a few more. Of course, the Triangle is a dead giveaway, but how do we know the pattern is finished?
If we accept the concept that Wave (5) is an Ending Diagonal, we can see the a-b-c structures in the motive waves. I’ll point out that Wave 3, at 19.34 points, is smaller than Wave 1 at 22.38 points. One rule to remember is that Wave 3 can never be the smallest Wave. Wave 5 at 18.02 points, fills the prescription.
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Saturday, July 30, 2016
SPX Makes a Final Thrust / Stock-Markets / Stock Markets 2016
It appears that SPX was in need of a final thrust higher to complete Wave [c] of 2. It appears that the final thrust may terminate at or near the trendline.
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Friday, July 29, 2016
Asset Bubbles Tend to Crash with a Vengeance / Stock-Markets / Liquidity Bubble
Despite short-term memory loss affecting most investors, asset bubbles tend to crash with a vengeance. From over-valuation, risk ignorance, and reactionary sentiment, the current bubble-trifecta shows signs of turning over.
The monetary powers that be have succeeded in creating serial asset bubbles. Each is extending from the great expansion of credit pivoting on the last official dollar default in 1971.
And yet once, again we are bombarded with the mantra: “This time it’s different”.
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Friday, July 29, 2016
False Information, Mass Psychology & this Hated Stocks Market Bull / Stock-Markets / Stock Markets 2016
As long as you keep a person down, some part of you has to be down there to hold him down, so it means you cannot soar as you otherwise might. Marian Anderson
Regarding today’s news, the average person is inundated with unnecessary junk. On any given day you will find experts telling you why the markets are destined to soar and or crash. News outlets are desperate for eyeballs, so they are going out of their way to make titles bombastic, and or offering multiple scenarios so that when one of them comes to pass, they can proudly state we told you so.
Friday, July 29, 2016
Learn to Trade Against the Crowd / Stock-Markets / Financial Markets 2016
I’m going to show you how to trade against the crowd using the most recent 18 months of daily charts of $HUI (Gold Miners), $SPX (S&P 500), $WTIC (Crude Oil), XLE (Energy) and $USD (US Dollar).
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Friday, July 29, 2016
The Next Recession is Coming - Expect Around 0% Returns for the Next 7 Years / Stock-Markets / Financial Markets 2016
The next recession is coming, and it will be severe.
My friend Ed Easterling of Crestmont Research just updated his Economic Cycle Dashboard and sent me a personal email with some of his thoughts.
Here is his chart (click on it to see a larger version).
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Friday, July 29, 2016
Good Day for the Stock Market / Stock-Markets / Stock Markets 2016
The stock market indices had a very interesting day with it opening lower, then jumping higher, pulling back by midday, holding support on both indices, rallying sharply in the afternoon, and then pulling back in the last few minutes. They managed to eke out a positive day on the Nasdaq 100, which was led by Amazon.
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Friday, July 29, 2016
Is the Stock Market Tape Being Painted for Hillary? / Stock-Markets / Stock Markets 2016
In the old-school lexicon of Wall Street, the term "painting the tape" referred to the large scale purchase of market-moving stocks by insiders for the purpose of giving the market an appearance of strength. Painting the tape was practiced by "pools" and large firms who were in the know; it was designed primarily to present a picture of strength when there was an undercurrent of weakness. Painting the tape was also done in some cases to trick amateur traders into buying certain individual stocks by means of manipulating the stock's trading volume.
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Friday, July 29, 2016
SPX is Shaking and Rolling / Stock-Markets / Stock Markets 2016
I don’t believe that I have seen anything quite like this before. I am certain that Citadel and the central banks are doing their utmost to keep equity values at their elevated levels. It appears to be the only thing left to do to validate their existence.
Nonetheless, there appear to be cracks in the structure leading to a possible breakdown. All of this reminds me of the Tacoma Narrows bridge, otherwise known as “Galloping Gertie.”
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Thursday, July 28, 2016
Stock Market Insiders Are Secretly Selling, Cycle Top Next Month / Stock-Markets / Stock Markets 2016
It was “Panic Buying” that pushed the Dow Jones and the SPX Indices to record highs. To be sure there is trouble brewing in this rally. Smart money has left the stock market, as the charts at the end of this article will display!
While Wall Street insiders appear to know that something is seriously amiss with the economy, no one is warning the retail investor.
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Thursday, July 28, 2016
SPX Premarket is Flat / Stock-Markets / Stock Markets 2016
SPX Futures are still on a rollercoaster as the earlier rise in the Premarket is given up to a flat scenario.
ZeroHedge reports, “Following yesterday's Fed decision and ahead of tonight's far more important BOJ announcement, European stocks have posted modest declines, Asian shares rise toward 9-month highs, while U.S. equity index futures are fractionally in the green in the aftermath of Facebook's blowout earnings. The dollar has extended on losses after Yellen reiterated a gradual approach to raising interest rates, with the BBDXY down 0.5% in early trading after slipping 0.4% over the previous two sessions.”
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