Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Wednesday, October 08, 2014
Stock Market Decline May Accelerate / Stock-Markets / Stock Markets 2014
You can see that the Broadening Wedge visible on the daily charts was triggered yesterday. It has a similar target to the Orthodox Broadening Top.
SPX just exceeded last Thursday’s low, so it will continue its decline with the next support at 1904.14 to 1911.13, where we can see the mid-Cycle support and 200-day Moving Average.
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Wednesday, October 08, 2014
Stocks Retrace Last Week’s Rally As Investors’ Sentiment Worsens / Stock-Markets / Stock Markets 2014
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 1,985 and profit target at 1,900, S&P 500 index)
Our intraday outlook is bearish, and our short-term outlook is bearish:
Intraday (next 24 hours) outlook: bearish
Short-term (next 1-2 weeks) outlook: bearish
Medium-term (next 1-3 months) outlook: neutral
Long-term outlook (next year): bullish
Tuesday, October 07, 2014
Is The Stocks Bull Market Complete? / Stock-Markets / Stock Markets 2014
With all possible counts for a basic advance from the 2011 lows having expired and a right shoulder (9/17/14) printed and confirmed by middle section counts we know that the bull market is complete. However, it never hurts to have some affirmation along the way that rallies like Friday's are nothing more than hiccups in the bear market.
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Tuesday, October 07, 2014
Final Stock Market Supports Being Broken / Stock-Markets / Stock Markets 2014
The SPX Premarket is testing the lower trendline of the lesser Broadening Top formation at 1957.00 as I write. Once this is broken, there is no further support until we arrive at the 200-day Moving Average at 1902.00. This may be our target for the next 24 hours.
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Tuesday, October 07, 2014
War, Peace, and Financial Fireworks / Stock-Markets / Financial Markets 2014
Politics has long been a driver of international markets and fickle financial systems alike. Everything is connected. Here are some voices from the just-concluded Casey Research Fall Summit talking about cause, effect, and war.
James Rickards, senior managing director with Tangent Capital Partners and an audience favorite at investment conferences, says the Middle East, Russia, and China are all working against the US dollar and for gold.
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Monday, October 06, 2014
Trading Cycles Trader Interview / Stock-Markets / Financial Markets 2014
Deric O. Cadora writes: Gary Savage is an expert cycle trader and publisher of a successful market newsletter. His writings strongly influenced my own shift toward cycle methodology many years ago, and although our approaches now differ to a degree, the core techniques of cycle methodology remain constant. And so as a fellow cycle trader and publisher, I find myself in a unique position to interview Gary from a cycle trader's perspective, and Gary has been gracious enough to agree.
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Monday, October 06, 2014
Stock Market Pop-n-Drop Mini Crash Today / Stock-Markets / Stock Markets 2014
I spent a good part of the weekend installing the “Hidden Cycle” patterns (green on the daily) into my Cycles Model. I had theorized last December that this Cycle should be tracked, since it could become a dominant new Cycle. The theory was tested and proven, as the “Hidden Cycle” has now become the dominant one.
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Monday, October 06, 2014
Stocks Bounced Off Sharply Following Recent Move Down - Downtrend Reversal Or Just Correction? / Stock-Markets / Stock Markets 2014
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 1,985 and profit target at 1,900, S&P 500 index)
Our intraday outlook is bearish, and our short-term outlook is bearish:
Intraday (next 24 hours) outlook: bearish
Short-term (next 1-2 weeks) outlook: bearish
Medium-term (next 1-3 months) outlook: neutral
Long-term outlook (next year): bullish
Monday, October 06, 2014
Stock Market Odds Favor More Weakness Ahead! / Stock-Markets / Stock Markets 2014
Current Position of the Market
SPX: Long-term trend - In 1932 and 1974, the 40-yr cycle was responsible for protracted market weakness. The current phase is due this year but where is the weakness? Has man (Federal Reserve) finally achieved dominance over universal rhythms or has it simply delayed the inevitable?
Intermediate trend - We are looking for the move from 1905 to end, after which a much more serious correction should start. (It has probably started!)
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 discusses the course of longer market trends.
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Monday, October 06, 2014
Stock Market VIX Voodoo Analysis / Stock-Markets / Volatility
The Volatility Index (VIX) seems to be indicating something big is brewing. Let's investigate taking a bottom up approach beginning with the daily chart.
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Sunday, October 05, 2014
Stock Market Elliott Wave Analysis / Stock-Markets / Stock Markets 2014
Quite a volatile week. The market started at SPX 1983 on Monday, gapped down to open the week, rallied back to slightly above 1983 on Tuesday, then declined, without any gap downs, to 1926 by midday Thursday. Then the market rallied, with a gap up opening on Friday, and still ended the week lower. For the week the SPX/DOW were -0.7%, the NDX/NAZ were -0.7%, and the DJ World index lost 2.0% again. On the economic front there was good news and not so good news. On the uptick: personal income/spending, the PCE, the ADP, monthly payrolls; plus the unemployment rate, weekly jobless claims and trade deficit all improved. On the downtick: pending home sales, construction spending, Case-Shiller, the Chicago PMI, ISM manufacturing/services, factory orders, the WLEI and the monetary base. Next week we get the FOMC minutes, export/import prices and consumer credit.
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Sunday, October 05, 2014
Investor Profit Opportunity in Hong Kong's Unrest / Stock-Markets / Hong Kong
Keith Fitz-Gerald writes: Most investors haven't got a clue about what Hong Kong's riots represent, let alone the investment potential that's being unleashed there. As a result, they're going to miss out on some really terrific profit opportunities.
Hong Kong is like an onion. Returned from a century of British rule to Beijing on June 30, 1997, there are layers and layers of subtleties. For most westerners, the place is a complete enigma.
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Saturday, October 04, 2014
Dow Stock Market Broadening Top / Stock-Markets / Stock Markets 2014
The final move into top on the Dow now looks to be underway. Let’s investigate using the daily, weekly and monthly charts.
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Saturday, October 04, 2014
“Money Bubble” Predictions Coming True - Stock Market Volatility Surges / Stock-Markets / Stock Markets 2014
In The Money Bubble: What To Do Before It Pops, James Turk and I climb out on some long, skinny limbs with a series of extreme predictions. Now it’s time to start tracking the ones that are (or seem to be) working out, beginning with increasingly wild swings in US equities:
Read full article... Read full article...Chapter 26, page 294:
For a sense of how an over-indebted financial system enters a catastrophic collapse, imagine a spinning top. For a while after being set in motion, the top stays in one place, spinning smoothly. But then a slight wobble creeps into its rotation, gradually becoming more pronounced until it turns violent. The unstable top then shoots off in a random direction to crash against whatever is nearby. That’s how the financial markets will behave when the Money Bubble bursts.
Friday, October 03, 2014
Stock Market Crash, Collapse Imminent.... Again? / Stock-Markets / Stock Markets 2014
Wednesdays 228 point (1.4%) drop on the Dow triggered a hyperbolic wave of bearishness across the mainstream broadcast channels and the BlogosFear that in near unison proclaimed that the 5.5 year old stocks bull market had finally, DEFINITELY come to an end! The media's after the fact consensus coalesced around the reason that expectations for the U.S. Fed to bring QE to an end this month and signal that interest rate hikes are around the corner. So the market apparently panicked, that's if you call a 1.4% drop a panic, and despite the FACT that stocks actually do quite nicely during the early years of a RATE hiking cycle! In fact its rate CUTS that stocks bulls need to worry about for they signal WEAKNESS ahead. The complete opposite to what is being taken as granted by journalists who just tend to regurgitate what dribbles out of the mouths of clueless academics or salesmen.
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Friday, October 03, 2014
Stock Market Dow Jones Today Shows Warning Signs / Stock-Markets / Financial Crash
The best analogy I’ve heard for bubbles and why they ultimately burst is the example of dropping grains of sand that build a mound. It gets steeper and steeper until one grain of sand causes an avalanche.
You can clearly see when the mound is getting steep, but no one knows when the final grain will set it all into motion. I’m seeing growing signs from several angles that an avalanche is about to occur.
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Friday, October 03, 2014
Could there be a MiniStock Market Crash Today? / Stock-Markets / Financial Crash
During my studies, I observed that there are seven waves between 1985.17 and 1926.03. After considering the alternatives, the chart pattern on the left appeared to be the best interpretation. However, if we are to see a Pivot low Friday, it appears that Wave (b) of [b] would have to make a new low, but whether it gets as far as 1901.00-1908.00 as speculated earlier (or further) is unknown. A Wave (b) decline at the open Friday (for whatever reason) could work the market into a speculative frenzy. A Minute Wave [c] could be even more devastating.
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Thursday, October 02, 2014
Stock Market Top -Bear Market Begins / Stock-Markets / Stocks Bear Market
DOW reversal after completing ED pattern
The DOW was in an Ending Diagonal pattern which we have followed for many months before the recent downside. The chart below is from our members page and illustrates the completed pattern on Sept 23rd indicating a stock market top. On Friday Sept 19th, it appeared that the market top was likely in place, but we confirmed the reversal on Monday Sept 22nd.
Thursday, October 02, 2014
Stock Market Down Move Worst May Not Be Over / Stock-Markets / Stock Markets 2014
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,030 and profit target at 1,900, S&P 500 index)
Our intraday outlook is bearish, and our short-term outlook is bearish:
Intraday (next 24 hours) outlook: bearish
Short-term (next 1-2 weeks) outlook: bearish
Medium-term (next 1-3 months) outlook: neutral
Long-term outlook (next year): bullish
Thursday, October 02, 2014
Stock Market Falling....Bears Making Progress... / Stock-Markets / Stock Markets 2014
The market has actually been struggling since early July. We were S&P 500 985 a few days into July, only to see us top out a bit ago at 2019. Only 2% higher before that gave way, and now we're actually below where we were at that early July reading. The froth has been catching up slowly, but surely. It has not allowed the market to make the next journey higher. Too many bulls. Not enough bears. The market getting full. Today we cracked 1950 on the S&P 500, or, basically, the two-year up trendline. Not good for the bulls. A long trend line, such as that, needs to hold, or things can get very nasty quite quickly. The market also started becoming more violent over the past three months, since that July top.
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