Stock Market, Gold Early Week Pullback ExpectedStock-Markets / Stock Markets 2015Aug 17, 2015 – 09:08 AM GMTBy: Brad_GudgeonStock Market: The 12 TD low came on Wednesday along with the TLC low near 2052. Next is due the 4/(8-1)/16 TD low on Tuesday this next week. Support is in the 2039/2046 SPX area. Friday the 14th was a solunar turn and […]
Stock Market Crash, Bear Market Rally in Gold?Stock-Markets / Financial Markets 2015Aug 10, 2015 – 10:05 AM GMTBy: Brad_GudgeonI’m attaching three charts today: One chart of the daily SPY shows the parallel between Friday and March 3, 2015. The next one, shows where it could go as far as price and time is concerned, and the third shows the weekly […]
NEW YORK Wall Street fell on Thursday as biotech stocks sank and as fears that more viewers are ditching cable TV sent media companies’ shares sharply lower.The Dow Jones industrial average .DJI fell 120.72 points, or 0.69 percent, to 17,419.75, the S&P 500 .SPX lost 16.28 points, or 0.78 percent, to 2,083.56 and the Nasdaq Composite .IXIC dropped 83.50 points, […]
NEW YORK The S&P 500 and Nasdaq posted their largest weekly drops since March on Friday as slowing global growth dragged commodity-related stocks lower, while an earnings-related drop in Biogen took down the biotech sector.The Dow Jones industrial average .DJI fell 162.19 points, or 0.91 percent, to 17,569.73, the S&P 500 .SPX lost 22.33 points, or 1.06 percent, to 2,079.82 […]
Stock Market Uptrend/downtrend Inflection PointStock-Markets / Stock Markets 2015Jun 27, 2015 – 01:53 PM GMTBy: Tony_CaldaroThe market started the week at SPX 2110. A gap up opening took the SPX to 2130 on Monday, the high for the week. Then the market pulled back every day, including Friday, to end the week at SPX 2102. For the week the SPX/DOW […]
Stock Market Monday Big Drop?Stock-Markets / Stock Markets 2015Jun 21, 2015 – 04:46 PM GMTBy: Brad_Gudgeon It looks as though the US stock market could plunge Monday. We have Saturn Semi-Sq. Pluto while Saturn is in Scorpio and while Jupiter is trine Uranus. On the cycle front we have a Gann cycle low due Monday while we also have a […]
TraderFeed: Momentum, Value, and Short-Term Movement in the Stock Market
Momentum, Value, and Short-Term Movement in the Stock MarketAbove is a plot of an interesting measure that tracks the difference between short term and intermediate term new highs minus new lows for SPX stocks only. (Raw data from the Index Indicators site). When that difference is highly positive, it means that […]
Legendary investor Howard Marks likes to quote Albert Einstein: “I never think about the future — it comes soon enough.”But as Marks writes in his recent memo to clients of Oaktree Capital Management: “We can’t take that approach as investors, however. We have to think about the future. We just shouldn’t accord too much significance to our opinions.”Yet the pressure […]
I find it interesting–and surprising–that the five-day equity put/call ratio is hovering at its lowest level since the start of 2014. Amidst concerns about rate hikes and Greece, traders of individual stocks don’t seem particularly bearish on their names. Breadth also continues mixed, as we had 594 stocks across all exchanges make fresh monthly highs and 530 register new monthly […]
The S&P 500 (SPX) has seen its fair share of ups and downs in the first half of June, but the overall direction lacks conviction. Or is that changing? Like, real soon. This week kicks off with some noise due to failed weekend talks to rescue Greece. Just a little volatility primer before attention turns to the midweek Federal Reserve […]
