Analysis Topic: Stock & Financial Markets

The analysis published under this topic are as follows.

Saturday, June 11, 2016

Stock Market Headwinds At 2116......Some Key Sectors Quit At Long-Term Down Trend Lines..... / Stock-Markets / Stock Markets 2016

By: Jack_Steiman

It was a very interesting week. The banks had started to lead higher some weeks back when it was considered a slam dunk that the Yellen would raise rates at the June meeting coming up next week. Then the market got hit with a negative surprise with the Jobs Report that came in roughly 130,000 jobs short. Smart money recognized that the rate hike was off the table for June, and, thus, rates started to fall. The banks hit its long-term, down trend line, and instead of breaking through, it turned and headed south. Too many economic negatives to make a clean breakout, which would have likely led to the S&P 500 challenging the old highs at 2134. It was a real slap in the face to the financials, and that carried over to the rest of the market as this week came to an end.

Friday, June 10, 2016

SPX is probing lower / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

I’m switching to an hourly chart to zero in on what is hanging up the decline in SPX. The culprit is a Short-term support/resistance line at 2099.86. The decline appears to be resuming after a bounce from that support zone.

The primary view is that SPX may bounce from one of the trendlines this afternoon to complete Wave [i].

Friday, June 10, 2016

Stock Market Risk off / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

Good Morning!

SPX Premarket now appears to be beneathits round number support at 2100.00. Should the sell-off continue, it opens the door to test the trendlines at 2085.00 later today.

Friday, June 10, 2016

Sloppy, Choppy Stock Market Consolidation Day / Stock-Markets / Stock Markets 2016

By: Harry_Boxer

The stock market indices continued their 3-day slide slightly, although the afternoon came back big from midday losses where it looked like they would roll over. However, support did hold. At the end of the day the S&P 500 staged a late, 3-hour rally that took the market back to much more reasonable losses.

Net on the day, the Dow was down 19.86 at 17,985.19, about 70 points off the low. The S&P 500 was down 3.64 at 2115.48, 8 points off its low. The Nasdaq 100 was down 7.94 at 4512.69, 18 points off its low.

Thursday, June 09, 2016

Stock Market Aggressive Sell Signal on Deck / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

SPX opened down at 2115.65 leaving a gap of nearly 3.5 points. It appears that the gap may not be filled, which suggests the next leg down is about to begin. The support at 2111.00 has been broken, so the next level to be tested is the double trendlines at 2085.00.

Thursday, June 09, 2016

SPX is Testing Support / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

The SPX Premarket appears to be challenging the shelf of support at 2111.00. Today is a double Pivot day and 21 calendar days from the May 19 low. A reversal today would create a very left-oriented Cycle, which is bearish.

Thursday, June 09, 2016

Stocks Get Closer To All-Time High, As SP500 Trades Above 2,100 Mark - Will It Continue Higher? / Stock-Markets / Stock Markets 2016

By: Paul_Rejczak

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 2,000, S&P 500 index).

Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:

Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral

Thursday, June 09, 2016

Stock Market Embraces Terrible News...What Else Is New..... / Stock-Markets / Stock Markets 2016

By: Jack_Steiman

A very interesting evening last night. We had two pieces of news that can only be understood as scary. The world bank came out and said they are cutting global-growth numbers based on poor demand and commodity prices. Horrific news, only to have China chime in with additional news. The Central Bank of China said their economy is in pain, and unfortunately there is further pain to deal with. No real hope as far as they can see. Folks, this is exactly the type of news that ends any up trend. In fact, it's the type of news that should absolutely hammer the market lower.

Wednesday, June 08, 2016

Is the Fed Buying Stocks Outright to Prop Up the Markets? / Stock-Markets / Stock Markets 2016

By: Graham_Summers

“Someone” is getting desperate.

Throughout the last week, anytime stocks have begun to correct or drop, “someone” has bought S&P 500 futures to prop the market up.

Anyone who’s been involved with the markets for a while knows the difference between real buyers and manipulation. This is manipulation plain and simple.

Wednesday, June 08, 2016

TLT & SPY Inverse Correlation / Stock-Markets / Stock Markets 2016

By: Joseph_VanDerveer

Here is an interesting chart below showing TLT which is iSHARES 20 year plus Treasury Bonds exchange-traded fund.

The red arrows and comments represent major lows in SPY or QQQ's.  The green arrows and comments represent major highs in SPY or QQQ's.

Tuesday, June 07, 2016

SPX Stock Market Tops in 87 Hours / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

It appears that SPX has topped out at 1:30 pm (1330 hours) at 2119.22. The rally took almost exactly 87 hours, VS the 86 I had suggested. So, what’s an hour in the greater scheme of things? As I said earlier, the decline to 2025.91 took 44 hours instead of 43. It is what it is.

The reason I am writing is that there is a technical limit to this rally at 2120.16. Should it go higher, something else is going on with the Wave structure that I haven’t perceived. Wave [v] equals Wave [i] at 2117.54, which has been exceeded already. On a smaller scale, Wave (v) is equal to 1.382 times Wave (i) at 2119.55, which appears to be the closest fit.

Tuesday, June 07, 2016

Stock Market Rally Appears Complete / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

The trendline has been hit at 2117.11. There may be some probing around at that level, but it appears that all but the shouting may now be over.

This rally took 85 hours. The final decline in Wave (B) took 44 hours, so the combined average is divisible by 4.3.

Tuesday, June 07, 2016

Slow Death Of Markets / Stock-Markets / Financial Markets 2016

By: InvestingHaven

In our May webinar, we discussed how hard markets have become, and how to invest in them. The key trend we identified is that central banks are distorting market behavior and capital flows. As our webinars are actionable, we analyzed several ways to deal with these markets and still be profitable.

Tuesday, June 07, 2016

Bad U.S. Jobs Report Prompts Stocks Bear Market Rally Towards New All Time Highs! / Stock-Markets / Stock Markets 2016

By: Nadeem_Walayat

Friday's US jobs report was apparently one of the worst of President Obama's presidency, that saw the US economy add a good 100k fewer jobs than the market consensus was expecting (38k against 160k). That and severe profits warnings from the likes of the mega-bank Citicorp sowed the seeds for what the bears had been praying for all year, finally the bear market that apparently began in August 2015 was now set to resume with a vengeance with even some calling for an opening flash crash!

Monday, June 06, 2016

Stocks Report, European Commission in Panic Over New Brexit Opinion Poll / Stock-Markets / Stock Markets 2016

By: Christopher_Quigley

In 17 days time, on the 23rd. of June, Britain goes to the polls to decide whether to stay in the European Union or not. Should Great Britain opt to leave it will send financial and political shock waves around the world. Many believe a win for the leave faction would put Europe’s stressed banking system under such pressure that a “Lehman Brothers type event” could occur, the main candidate being Deutsche Bank with its 75 trillion derivative exposure.  Thus June 2016 could turn out to be one of the most volatile trading months in financial history.

Monday, June 06, 2016

SPX Still Working on Final Wave? / Stock-Markets / Stock Markets 2016

By: Anthony_Cherniawski

SPX is challenging its Thursday afternoon high at 2105.26. It appears that it is still working on Wave 5. This may be the final thrust ending near 2110.00. If so, it may not change the wave structure illustrated in the chart.

Monday, June 06, 2016

S&P 500 Still At 2,100 Mark - Which Direction Is Next? / Stock-Markets / Stock Markets 2016

By: Paul_Rejczak

Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 2,000, S&P 500 index).

Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:

Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral

Monday, June 06, 2016

Now Obama Warns Americans to ‘Be Prepared’ for Disaster… What Does He Know? / Stock-Markets / Financial Markets 2016

By: Jeff_Berwick

Recently Barack Obama urged citizens to be prepared. He broke this new ground in a May 31st speech to the FEMA National Response Coordination Center in Washington.

He explained that it was up to each citizen to be prepared for disasters. This preparation should extend to “having an evacuation plan” and “having a fully stocked disaster supply kit.”

One of the things that we have learned over the course of the last seven and a half years is that government plays a vital role, but it is every citizen’s responsibility to be prepared for a disaster. -Barack Obama

Monday, June 06, 2016

Stock Market Spy Decision Imminent! / Stock-Markets / Stock Markets 2016

By: Submissions

Joseph VanDerveer writes: Below is a Daily Chart of SPY.  I would like to point out a few observations, starting with the two rising wedges that take a little imagination but bare with me. 

Watch the lower trendline going forward specially when we are passing a potential 6 month cycle top noted on the chart with two dashed vertical lines.

Monday, June 06, 2016

Stock Market Consolidation Or Distribution? / Stock-Markets / Stock Markets 2016

By: Andre_Gratian

Current Position of the Market

SPX Long-term trend: A lengthy correction is most likely underway!

SPX Intermediate trend: The H&S pattern has been invalidated and the index is re-testing the upper portion of its trading range.

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.