Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Monday, December 11, 2017
Have Stocks Reached A Permanently Rigged Plateau? / Stock-Markets / Stock Market 2017
A painting recently sold for a record $450 million, a blanket recently sold for $1.5 million, Bitcoin has gone ballistic, and Cramer thinks there are ‘bubbles’ everywhere except stocks. Are these the types of signals that bears have been waiting for? In a word, maybe.
The problem with calling for an end to the good times is that there has been so many false contrarian signals in recent years it is as if the very idea of “risk/reward” has been temporarily laid to waste. To use a quick example, in early 2016 alarm bells were ringing as junk bonds were imploding, confidence was sliding, and technical market levels were being struck. At the time it looked like the big bad bull was done.
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Monday, December 11, 2017
Investors Why Do You Keep Doing This To Yourself? / Stock-Markets / Stock Market 2017
As I am known to do, I will peruse articles on the web to find some interesting tidbits. And, I found one in one of Lance Robert’s recent posts.
Within this article, he cited a Doug Kass note, which stated:
“Despite many who are suggesting this has been a 'rational rise' due to strong earnings growth, that is simply not the case as shown below . . . Since 2014, the stock market has risen (capital appreciation only) by 35% while reported earnings growth has risen by a whopping 2%. A 2% growth in earnings over the last 3-years hardly justifies a 33% premium over earnings.
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Sunday, December 10, 2017
Evidence of a Stock Market Top Mounting / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX: Long-term trend – The bull market is continuing with no sign of a major top in sight.
Intermediate trend – Possible top at 2665.
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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Sunday, December 10, 2017
Is it “Late 2007” For the Everything Bubble? / Stock-Markets / Liquidity Bubble
Timing the end of a major bubble is extraordinarily difficult as it entails figuring out when a critical mass of investors shift from greed to fear.
Having said that, we’ve recently seen a number of developments that would suggest we’re near the end of the current Bond Bubble.
Back in June the world saw the unveiling of perhaps the single most insane investment of all time: the 100-year bond.
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Saturday, December 09, 2017
Stock Market Bull/Bear Ratio: Is "More Leverage" Better? / Stock-Markets / Stock Market 2017
Bull/Bear Ratio: Is "More Leverage" Better?
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Friday, December 08, 2017
SPX Make a 61.8% Retracement / Stock-Markets / Stock Market 2017
SPX has been challenging the Cycle Top at 4649.38 which is very close to the 61.8% retracement at 2649.68. This may be the final probe with a reversal to follow. From there a panic decline may develop. A 4.3 day decline may take the SPX until Thursday to find a bottom.
While even some bears are expecting another push higher, the Model says a nasty decline may be imminent.
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Friday, December 08, 2017
Gold, Stocks and Bonds - The 3 Amigos Update / Stock-Markets / Financial Markets 2017
I realize this theme could be wearing on some people, but with all the subtlety of a sledgehammer I am going to pound it until it either aborts or completes. It is, in my opinion, too important not to.
Amigo 1: Stock Market vs. Gold
The pattern that formed from 2015 to 2017 measures to 2.50. The 38% Fib retrace level just happens to be that as well. Interpretation: Bullish until the 2.50 area is reached, then major caution.
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Friday, December 08, 2017
Stock Market Bounce May be Over / Stock-Markets / Stock Market 2017
SPX appears to have completed a 38.2% retracement of its decline from the top. Yesterday’s 23.6% apparently allowed room for one more push higher. This is what I had originally expected.
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Thursday, December 07, 2017
Stock Market Tops Look Like This / Stock-Markets / Stock Market 2017
The signs of crazed speculation just keep pouring in these days.
We another Doozie from the Bloomberg wire today!
TD Ameritrade tracks its clients inflows and outflows from retail accounts on a monthly basis.
you can follow it here
November saw the largest inflow into stocks in the index's history,
surging the index to a new all time high.
Wednesday, December 06, 2017
EU Bailins Coming – 114 Italian Banks Have NP Loans Exceeding Tangible Assets / Stock-Markets / Financial Crisis 2017
– Italy opposes ECB proposal that holds banks to firm deadlines for writing down bad loans
– Italy’s banks weighed down under €318bn of bad loans
– New ECB rules could ‘derail’ any recovery in Italy’s financial system
– Draft proposal requires banks to provision fully for loans that turn sour from 2018
– ECB insists banks have better access to collateral on delinquent debt to solve problem
– Investors should secure assets as proposal suggests more bailins on horizon and banks remain at risk
Monday, December 04, 2017
Stock Market Positive Expectations, But Will S&P 500 Continue Higher? / Stock-Markets / Stock Market 2017
Briefly:
Intraday trade: Our Friday's intraday trading outlook was bearish. It proved accurate because the S&P 500 reached our intraday profit target level of 2,615 (daily low at 2,605.52). the index fell sharply following relatively neutral opening of the trading session. The market has managed to close neutral (-0.2%). We still can see some short-term technical overbought conditions. However, there have been no confirmed negative signals so far. Therefore, we prefer to be out of the market today, avoiding low risk/reward ratio trades.
Monday, December 04, 2017
Stock Market Classic Short Squeeze / Stock-Markets / Stock Market 2017
SPX futures have peaked higher than the Thursday haigh at 2657.74. This means Wave c of (v) isn’t finished yet. That may mean a final probe to 2670.00 to 2682.00. A possible target. Wave (v) at 1.382 times Wave (i) equals 2670.14. Wave (v) at 1.5 times Wave (i) gives a possible target of 2675..68 while Wave (v) at 1.62 times Wave (i) yields a target of 2581.18.
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Monday, December 04, 2017
Stock Market Top Distribution Starting / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX: Long-term trend – The bull market is continuing with no sign of a major top in sight.
Intermediate trend – Coming to an end at anytime!
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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Sunday, December 03, 2017
Signs That This Stocks Bull Market Is On Its Last Leg - Part2 / Stock-Markets / Stock Market 2017
In this post we want to share two interesting sets of data that we find are interesting and add to the case of a stock market top is highly likely to take place in 2018. Be sure to read Part I “How to Know When A Bull Market Is About to End”.
First, let’s take a look at the “Hindenburg Omen” which was developed by Jim Miekka as an early warning of a stock market correction. While it’s not super effective in terms of timing market turns it can be very useful in assessing the overall strength of an uptrend.
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Sunday, December 03, 2017
SPX Throws Over Two Trendlines, NDX Reverses From New High / Stock-Markets / Stock Market 2017
VIX challenged its mid-Cycle resistance at 14.54 this week, breaking out above its November 15 high at 14.51. It has since made a 62% retracement. A further breakout above the Ending Diagonal trendlne suggests a complete retracement of the decline from January 2016, and possibly to August 2015.
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Saturday, December 02, 2017
A Stock Market Reset May be Coming / Stock-Markets / Stock Market 2017
I had a chance to compare my long-term charts with a couple other analysts’ charts of the DJIA and SPX over the past 8 years. While there are some differences in interpretation, we all seem to agree that the rally may be over.
The big curve ball was the errant Wave (B) in 2011 that threw off the analysis for a long while. The second curve ball was this year’s Wave structure. It turned out that Wave (4) bottomed in August instead of March, as I had been suggesting. The corrected pattern makes much more sense and appears complete.
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Saturday, December 02, 2017
Volatility: Dead - or Just "Sleeping"? / Stock-Markets / Volatility
Learn about the danger of "quiet markets" (and what happens after)
Watch as our own Murray Gunn explains why you shouldn't get too comfortable with the lack of volatility in the markets.
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Friday, December 01, 2017
Is a Stock Market Tax Bill Surprise Coming? / Stock-Markets / Stock Market 2017
SPX futures declined to 2631.25 in the overnight session, but appears to have recovered the majority of its decline. We may have seen the completion of an a-b-c correction that may probe the upper trendline or go to 2650.00 before reversing back down.
ZeroHedge reports, “Markets were thrown for a loop in the past 24 hours, with the Dow first soaring nearly 400 points on Thursday on expectations that tax reform was a done deal, when drama emerged just after the close when the Senate tax bill came this close to falling apart when the proposed "Trigger" was ruled as invalid, pushing a Thursday tax vote to this morning, and as of this moment the bill appears in limbo with the GOP scrambling to find ways to appease the sudden loud opposition among budget hawks.”
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Friday, December 01, 2017
3 Global Financial Markets That Could Indicate an Interim Correction / Stock-Markets / Financial Markets 2017
Here are a few global ETFs with little room to drop in order to avoid daily chart technical breakdowns. That does not mean the end of the larger up trends, but could signal oncoming intermediate corrections if they do fall further and close the week that way (pre-market is red). The question would be, are they leading the fiscally drunk US market and its chronic tweeter in chief/stock pumper?
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Friday, December 01, 2017
Stock Market Parabolic Beginning? / Stock-Markets / Stock Market 2017
The price action in the Dow and S&P suggest the parabolic phase may have begun.
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