Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Thursday, April 07, 2016
Fed Minutes Not Pretty....Bad News For Financial Stocks.... / Stock-Markets / Stock Markets 2016
The fed minutes came out today and they weren't pretty, if you're a believer in the global economic recovery theme. Ms Yellen said the committee felt that there were still strong risks to the global economy, and, thus, the unspoken words were that there won't be any further rate cuts for a while. Financial stocks hated this and moved lower, which temporarily hurt the action in the overall market. Nothing terrible, but that sector took a big hit on the news. When the financial stocks are struggling, it's a lot harder for the market to move up simply because of the heavy weighting in those stocks. If Yellen had hinted anything about a global future recovery, they would have exploded.
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Wednesday, April 06, 2016
Does the Dow Sport a Triangle Formation? / Stock-Markets / Stock Markets 2016
Followers of the Dow see a potential Triangle formation in their analysis. They suggest that there will be one more decline, possibly to new lows, in a Wave [E] before the Dow rallies to new highs in 2017.
It is a credible claim, based on Elliott Wave guidelines. However, the triangle form does not appear in any other major indexes.
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Wednesday, April 06, 2016
The Janet Yellen Stock Market Rally! / Stock-Markets / Stock Markets 2016
Currently, we are experiencing the SPX topping formation. Again, it is dangerously overextended. The SPX staged a strong rally due to the repeated actions of Central Bankers, during the month of February 2016.
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Wednesday, April 06, 2016
Tough Day for the Stock Market / Stock-Markets / Stock Markets 2016
The stock market indices had a tough session today and closed down on the day. The day started out with a big gap down, they rallied and recovered about 50% of their losses, and then rolled back down and retested those lows by midday. They managed to hold on for two occasions, first midday when they rallied back, but couldn’t get through the rally-back highs, and then they pulled back down again. The last hour wasn’t pretty as the markets gave it back and ended the day down sharply.
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Tuesday, April 05, 2016
Stock Market 21-Week Cycle High / Stock-Markets / Stock Markets 2016
An examination of all US Presidential election years shows a peak in equity markets in early April followed by a drop into early June. The June low serves as a launching pad for equities to rocket to new highs by year-end not-withstanding the typical Sept/Oct weakness. A low in June matches the Lindsay forecast.
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Tuesday, April 05, 2016
SPX May be back in the Red for 2016 Before Long / Stock-Markets / Stock Markets 2016
The SPX decline stopped so far at 2044.92, just a point above last Friday’s low at 2043.98 and the December 31 close at 2043.94. The bounce may challenge the trading channel trendline near 2057.00 before the next decline.
ZeroHedge reports, “"Still No Confidence In The Rally" - that's the title of the latest weekly BofA report looking at the buying and selling by its smart money clients (institutional clients, private clients and hedge funds), which finds that not only were sales by this group of clients last week the largest since September, and the fifth-largest in our data history, but this was the 10th consecutive week of selling as absolutely nobody believed this fakest of fake "rebounds" in recent history.”
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Tuesday, April 05, 2016
Why You Shouldn’t Expect to See the Stock Market Reach New Highs / Stock-Markets / Stock Markets 2016
Stocks are once again rallying after another “mini crash” at the start of the year. We’ve had three of these things since October 2014 without much to show for it. As Adam warned Boom & Bust readers earlier this week, stocks have basically gone nowhere for a year and a half.
After the first crash in late 2014, stocks were able to eke out a new high into May of last year. But since then, stocks have failed to make new highs despite strong attempts like this one.
Ten months without a new high.
Tuesday, April 05, 2016
Weak Start to Stock Market Week / Stock-Markets / Stock Markets 2016
The stock market indices had a tough session to start the week. It was a down day, for sure. The day opened down, they pulled back, popped, couldn’t get through the highs, and sold off to the morning lows and session lows by about 11-11:15 this morning. They then rallied midday, and could not get through the highs, rolled over, retested twice, but couldn’t break down as well. Enough damage had been done to create losses for the day.
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Tuesday, April 05, 2016
Stock Market Quiet Day.... / Stock-Markets / Stock Markets 2016
Theoretically, I could end the newsletter right here. Not much to say about today's action other than it was quiet with the job being to try and unwind things a bit on those overbought charts. The market has been hanging out at overbought for quite some time, but it's now dealing with another headache other than those overbought daily charts. Most of the indexes are at major trend line resistance so a pause in the action does make some sense. If the indexes hang in tough for the next few days that would be a very positive sign for the bulls as it would mean they're able to hold off the bears and their attempt to push things back down. Unwinding without too much price erosion while staying close to the breakout area is a good thing for the bulls. The bears desperately need a major gap down that runs lower all day. They are getting plenty of overseas bad news to snack on, but it seems the market doesn't care.
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Monday, April 04, 2016
SPX has Ceased its Rally / Stock-Markets / Stock Markets 2016
SPX appears to have left a high of 2075.07 near the close on Friday and has ceased rising. It still needs to break the trendlines with the 4.3-year trendline near 2050.00. A short entry may come at the bounce off the trendline, especially if confirmed by the VIX.
Bloomberg comments, “U.S. stocks slipped from their highest levels this year, with declines in consumer and industrial shares overshadowing gains in health-care companies, as investors looked for fresh reasons to continue a rally.
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Monday, April 04, 2016
Bloomberg Article Sparks Some Stock Market VIX Observations / Stock-Markets / Stock Markets 2016
VIX made a probable Master Cycle low on April 1 at 13.00. In the case of this chart, the price label “stuck” to an earlier low. This sometimes happens in StockCharts and other charting services.
If my observation is correct, we may finally see it rally above its prior high at 15.28 and give us a buy signal. Granted, the trendline is at 15.00, but a breakout does give additional confirmation.
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Monday, April 04, 2016
Stock Market New Short-Term Highs As Investors Await Quarterly Earnings Releases / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, no speculative positions are justified.
Our intraday outlook is neutral, and our short-term outlook is neutral. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:
Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral
Monday, April 04, 2016
Stocks Russell 2000 Index Completes Significant Stocks Bear Market Signal / Stock-Markets / Stocks Bear Market
This article presents an analysis of the Russell 2000 index which is a US small-cap stock market index covering the bottom 2,000 stocks in the Russell 3000 index.
- The US Russell 2000 stock market index was commissioned in 1984 and has been in use for 32 years, along with the Russell 1000 index and the Russell 3000 index.
- Recently, at the end of Q1 2016, the Russell 2000 index completed a key bear market signal.
- Throughout the 32 years of the Russell 2000 index, this bear market signal has only been recorded once previously, and that was in early 2008 at the start of the previous major downturn often called the Great Recession.
- Price projection calculations indicate that the Russell 2000 has much further to fall, perhaps leading the major large cap US indexes down.
- There is some evidence to suggest that this downturn of the Russell 2000 may continue for a further 12 to 24 months before reaching a final bottom.
Sunday, April 03, 2016
Stock Market SPX Strength is Deceptive / Stock-Markets / Stock Markets 2016
Current Position of the Market
SPX Long-term trend: Severe correction underway
SPX Intermediate trend: Potential rally top.
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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Sunday, April 03, 2016
Enough Americans Have Already Voted – Stock Market Chaos Is Coming! / Stock-Markets / Stock Markets 2016
Once the majority of Americans have made up their mind and voted it will be almost impossible to change the direction of the outcome and change their minds. Unfortunately, the majority has voted and are in agreement with the next major event that will catch most people off guard. While this may sound bad and negative, I feel it is an opportunity of a lifetime.
You may be thinking I’m talking about who will be the next president but that is not it. Although the same theory applies to that as well.
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Saturday, April 02, 2016
Stock Markets Still Looking for Interest Rate Clues / Stock-Markets / Stock Markets 2016
By nearly all accounts, stock markets have had trouble gaining momentum over the last year. The S&P 500 is now trading just 0.6% higher for the period -- and while this might seem modestly positive it does not say much for what is essentially a multi-year bull run in the equities space. There are a few different schools arguing for why exactly this is happening but no matter which view you take, nearly every investor is looking for new clues in what is likely to happen in global interest rate changes.
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Saturday, April 02, 2016
Manufacturing Improving.... Jobs Doing Well.... Stock Market Holds Well / Stock-Markets / Stock Markets 2016
The market day started with some nasty futures as the overbought, daily index charts were finally about to unwind some. That would have been great news. An hour before the market opened we got the much anticipated Jobs Report. Overall, it was in line, but it did little to nothing to help the market rally off the lows. The day started out with a gap down, and after being down as much as fifteen points on the S&P 500, we started to slowly, but surely, rally back up a bit, but remained in the red.
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Friday, April 01, 2016
Stock Market Forecast for April 2016 - Bull or Bear? (Video) / Stock-Markets / Stock Markets 2016
The supposed great bear market of 2016 has relentlessly trended in the WRONG direction as each hope that the bears clung to once more resolved in another ramping higher of stock prices. The latest best hope being the Fed meeting that was meant to deliver bear market apocalypse and most recently Yellen yelling that the Fed is in no hurry to raise US interest rates that keeps catching market participants by surprise. This despite near 2 months ago we saw the BoJ panic with negative interest rates, and then earlier this month the ECB also panic with negative interest rates!
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Friday, April 01, 2016
Mixed to Slightly Positive Stock Market Session / Stock-Markets / Stock Markets 2016
The stock market indices had an unusual day. First they were up in the morning, by midday they reached their peak, and came down hard. By midafternoon they reached their bottom, and then rallied in the last hour, only to pull back at the close to finish down on the day.
Net on the day, the Dow was down 31.57 at 17,685.09. The S&P 500 was down 4.21 to 2059.74. The Nasdaq 100 was down 7.22 to 4483.66.
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Thursday, March 31, 2016
Federal Reserve Cartel's Main objectives; Manipulate Markets and The Masses / Stock-Markets / Financial Markets 2016
"If Congress has the right to issue paper money, it was given to them to be used by and not to be delegated to individuals or corporations." ~ President Andrew Jackson.
The weapon of choice is money, and central bankers utilize this weapon merciless to rain misery on the unknowing masses by purposely creating boom and bust cycles. Since Fiat was created, bankers have fed off the misery they have wrecked on humanity. How do they feed off this misery? They no longer take from Peter and give to Paul; they make sure that Peter and Paul try to rob each other and everyone else to survive. They control the game, and you are just a pawn in this game. The only day the outcome will change, is when the masses stand up and revolt. However, we would not hold our breath for that day as the masses are notorious for their delayed reactions. Many great men, former presidents included are of the same opinion.
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