Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Friday, January 08, 2016
Stock Market Pop-N-Drop? / Stock-Markets / Stock Markets 2016
The SPX Premarket appears to be challenging its 60-minut3e Cycle Bottom resistance at 1971.86, very near the 38.2% retracement level. However, the Employment Situation Summary came out above expectations with a reported 292,000 new hires in December. On the surface it looked good, but average wages posted its first drop since 2014, according to ZeroHedge. So the jobs report is a mixed bag.
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Friday, January 08, 2016
Is this the Wile E. Coyote Moment for Global Markets? Video / Stock-Markets / Financial Markets 2016
Transcript excerpt: it's been very interesting for a few days for the stock market and the markets in general
for the year 2016 I mean the Dow Jones today dropped three hundred and ninety
two points the Chinese stock market is dropped 7 percent twice this year
already even though the jack Chinese central bank is injected about twenty
billion dollars into the market
yeah you know looking back at last three or four years you know you like relax
and say all this is just a correction you know and I think there's a lot of
complacency still but this use worse than that this fuse bad I think you know
Friday, January 08, 2016
Where Is the Chinese Stock Market Headed? / Stock-Markets / Chinese Stock Market
The Chinese stock market, the SSEC, has tanked out of the block in 2016 and has investment professionals across the globe running around like headless chickens. So, let's take a deep breath and check out the charts. We'll take it from the top beginning with the yearly chart.
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Friday, January 08, 2016
Stock Market Crash Potential - Video / Stock-Markets / Financial Crash
I strongly advise not trying to pick a bottom in the stock market right now. The market is trying to move down into the 7 year cycle low. There is risk this could evolve into an 87 style crash event. Don’t try to be a hero and risk getting caught in that if it were to happen.
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Friday, January 08, 2016
China Stock Market Crash Terrorises Global Stock Markets / Stock-Markets / Stock Markets 2016
The Chinese stock market already weak going into the end of 2015 started 2016 off with a BANG, literally crashing on a near daily basis by hitting the 7% circuit breaker daily limit moves prompting a closure of the market, only to resume to the free fall the following morning as investors panic sold on the open attempting to sell before the circuit breaker kicks in, resulting in a market that has locked out most retail participants as they watch their stock portfolio valuations evaporate. This daily 7% limit down crashes prompted the Chinese authorities Thursday to suspend the circuit breaker which should have the effect of alleviating the panic selling going forward.
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Thursday, January 07, 2016
Bill Gross Warns China Stocks Will Drop Another 5-6% Friday / Stock-Markets / Stock Markets 2016
Bill Gross of Janus Capital spoke with Bloomberg's Tom Keene about the state of the global economy.
Gross said China's stock markets are likely to drop 5-6% on Friday: "Based upon the ETF in the United States, China is predicted to be down 5 percent or 6 percent…But China is an artificial market. All global markets are artificially based. And to the extent that we have a catharsis, I think, depends upon central banks basically giving up in terms of what they do. I don't think that's going to happen."
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Thursday, January 07, 2016
Stock Market Major 5-year Trendline Crossed / Stock-Markets / Stock Markets 2016
It appears that SPX has violated its (nearly) 5-year trendline that appears to be in the mid 1950’s.
I normally would not be watching this since the more technically correct trendline was violated in August. However, there are multiple analysts who have been using this as a “line in the sand.”
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Thursday, January 07, 2016
Making Heads or Tails of This Stock Market / Stock-Markets / Stock Markets 2016
We don't have all the answers. But we do have 30-plus years of market experience on our side.
As the books were closed on 2015, the Chicago Tribune reported:
Read full article... Read full article..."After a dismal stock finish to 2015, your natural conclusion might be: Why did I bother?
Thursday, January 07, 2016
My New Year's Resolution: Don't Confuse Debt with Wealth / Stock-Markets / Financial Markets 2016
Guy Christopher writes: If you don't have a magical crystal ball to see the future, then a good history book will do the job. Understanding the past offers a full color panorama to the dangers and opportunities facing you in 2016.
Unpayable debt is becoming the Big Story of the 21st Century across the globe. Life-altering disruptions will be the norm, with little that mankind has not seen before.
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Thursday, January 07, 2016
Stock Market Perfect Storm! / Stock-Markets / Stock Markets 2016
One of the (many) fascinating things about this latest global financial crisis is that there’s no single catalyst. Unlike 2008 when the carnage could be traced back to US subprime housing, or 2000 when tech stocks crashed and pulled down everything else, this time around a whole bunch of seemingly-unrelated things are unraveling all at once.
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Thursday, January 07, 2016
Stock Market Inflection Point, Breakouts, Gold, Commodities / Stock-Markets / Stock Markets 2016
Today felt like an inflection point in gold and the INDU with both breaking important trendlines. As there is alot of ground to cover tonight lets get right to the charts starting with the daily look at the INDU. Today the INDU finally closed below the bottom rail of the now seven point bearish falling flag and the double bottom trendline at 16,920. This was a big deal IMHO. We may see a little backing and filling in this general area but today's move clearly setup a pattern of lower highs and lower lows. Note the six point bearish falling wedge that formed back in July of last year. As it formed below the previous high it needed an even number of reversal points to complete the pattern to the downside. Because our current seven point bearish falling flag formed at the top it needed to have an odd number of reversal points to make a reversal pattern. One last point on the chart below which shows two red arrows one point up and the other pointing down. As you can see the rally out of the low made in October was vertical only taking three days. The red arrow pointing down shows how it's possible we may see the INDU reverse symmetry back down over the same area as shown by the red arrow pointing up.
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Thursday, January 07, 2016
China, Oil and Markets: It’s All One Story / Stock-Markets / Financial Markets 2016
If there’s one thing to take away from this year’s developments in markets and economies so far, it’s that they are all linked, they’re all part of the same thing. If you can’t see that, you’re not going to understand what’s happening.
Looking at falling oil prices as a separate thread is not much use, and neither is doing the same with Chinese stocks, or the yuan, or the millions of Americans who are one paycheck away from poverty, for that matter. It’s all one story.
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Thursday, January 07, 2016
Stock Market Bend, Bend, Bend.... Break / Stock-Markets / Stock Markets 2016
The S&P 500 has been bending over the last three trading sessions ( first three trading days of this New Year) but refused to break down. Overnight however, that has changed, at least during Asian trade and very early European trade.
Notice how the index has dropped below the 2000 level twice to start the year but always managed to close back above that level. On Wednesday, the market broke down below that key 2000 level but rebounded heading into the closing bell to avoid managing to close below the spike lows in December and on Monday of this week.
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Thursday, January 07, 2016
Stock Market Negative Expectations Again, Following Asian Markets' Rout / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, no speculative positions are justified.
Our intraday outlook is now neutral, and our short-term outlook is neutral:
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): bullish
Thursday, January 07, 2016
Stock Market Bears Trying....Bull-Bear Nearing Zero... / Stock-Markets / Stock Markets 2016
What an interesting night we had last night. N. Korea blowing up a hydrogen bomb and causing a 5.2 earthquake. China had a terrible services number and also put a ban on selling. Government intervention to save its own hide at its best. The markets didn't take well to the news overall as one would expect. This caused a gap down in our futures below key 1993 S&P 500 support. Not to worry. As usual, the market found a way to hold off the bears. Seven years of this, so that was no surprise to anyone. It's an old story.
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Wednesday, January 06, 2016
Stock Market Retracement Underway / Stock-Markets / Stock Markets 2016
SPX is struggling with the 2-hour Cycle Bottom resistance at 2001.88 in a probable retracement Wave (c). Yesterday’s bounce high at 2021.94 appears very near the 38.2% retracement level, using today’s new low as the starting point. The 50% retracement level is at 2033.50, not far from Intermediate-term resistance at 2039.72.
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Wednesday, January 06, 2016
SPX Gapping Down Hard / Stock-Markets / Stock Markets 2016
Good Morning!
The SPX is set for a massive gap down. The Premarket is -36.00 as I write.
The key may have been the Chinese “surprise” devaluation. ZeroHedge writes, “Less than a month ago, and just days after the Yuan was finally inducted into the IMF's hall of reserve currency fame, the Chinese Foreign Exchange Trade System, a part of the PBOC, made it very clear that what was about to happen would not be pretty, when it announced - in a statement which clearly everyone ignored - that going forward it would index the relative strength of the CNY not to the USD but the a basket of currencies (against which the USD to which it is pegged has been soaring).“
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Wednesday, January 06, 2016
Stock Market’s Remaining Pillars Are Crumbling / Stock-Markets / Stock Markets 2016
Once every decade or so investor credulity reaches a point where even seasoned money managers buy into the notion of “one decision” stocks — that is, shares of companies so insanely great that they’re virtually guaranteed to keep going up. Valuation is irrelevant, as is the state of the economy. Nothing matters but the unbeatable business model/technology/visionary leadership of such companies, so owning their stocks is as close to risk-free investing as it’s possible to get.
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Wednesday, January 06, 2016
Examining Top Foreign Investments for 2016 / Stock-Markets / Investing 2016
Larissa James writes: While there are plenty of sound investments to be made in the United States in 2016, wise investors are expanding their horizons beyond domestic soil. In fact, many investors are choosing to place a majority of their portfolios overseas. And while there’s no need to move all of your assets, there are some solid foreign plays that you should know about as we enter 2016.
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Tuesday, January 05, 2016
The Importance Of A Good Trading System in 2015 / Stock-Markets / Financial Markets 2016
In this morning’s 5 Day Forecast, Adam O’Dell, our Chief Investment Strategist, gave Boom & Bust subscribers a snapshot of what 2015 was like for stocks, bonds and commodities.The picture was ugly!
So I’m going to show you too, but I’m going to let charts do the talking…
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