$DIA $SPY $QQQ $RUTX $VXX The US economy grew moderately in Q-4, the government confirmed, and may be facing a rocky road in early Y 2020 on the notion that coronavirus will hobble it, and bring on a recession. The economy grew by an unrevised 2.3% in Y 2019, the slowest annual growth in 3 […]
$XAU, $GLD, $XAG, $SLV, $USD Gold’s entered a gentle climb North after marking the 12 November lows. It was not until the Thursday before Christmas when prices verified a cyclical breakout. The initial breakout surge is slowing as the precious Yellow metal enters a mid-cycle correction. Key support is between 1520 – 1540. Once completed, […]
$XAU, $XAG, $GLD, $SLV, $USD The title of this analysis may seem perplexing, but it’s really isn’t. Gold can rally up and down. In fact, any market can. They just can’t do it at the same time. Gold and Silver bottomed several days ago and they are now moving higher and their rally is likely to continue […]
$BTCUSD, $BTC FLASH: Bitcoin spiked Wednesday in a 2nd day of gainser, prompting speculation that the recent correction may have run its course. Bitcoin jumped 6.75% to $11,272.4 on the Investing.com Index by 12:38 PM EDT (16:38 GMT). Currently, Bitcoin is trading at: 11,241.9805+85.39 (+0.7654%),as of 3:12a BST, the market is open. The typically volatile […]
By Jim Collins The Big Q: Will they or won’t they? The “they” in the Q is the Federal Reserve’s Federal Open Market Committee FOMC), led by Chairman Jerome Powell. The action is obviously a cut in the fed funds target rate. Chairman Powell, much like his predecessors Janet Yellen and Ben Bernanke, is fond […]
$DIA, $SPY, $QQQ FLASH: 10 years Friday the US stock market hit the bottom of the Great Recession. Today, 10 years later, the US stock market is acting as if the economic expansion, now in its 117th month, is going to continue and likely accelerate. The S&P 500 is up 10% YTD The benchmark index […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: The ‘easy money’ is coming off of Q-4 Sell-off January produced returns worthy of an entire year. Russell 2000 +11.7% YTD NAS Comp +10.0% YTD S&P 500 +8.0% YTD DJIA +7.6% YTD So, if you were in cash at year end, got the buy signal on 26 December then […]
Volatile Markets are Opportunities for Savvy Participants $DIA, $SPY, $QQQ, $RUTX, $VXX Some investors get scared when the stock market falls, but there is always the other side of that action. When selling happens, stocks are on sale. The recent Southside action can provide opportunities that investors have not seen for a while. The Key […]
Gold-Silver Ratio at Highest Mark in 27 Years $GLD, $SLV, $OIL, $SPY, $QQQ The Gold-Silver Ratio has been one of the most reliable technical ‘buy’ indicators for Silver, whenever the ratio climbs above 80. The Big Q: Is the current spike in the gold/silver ratio forecasting another stock market crash? The gold-to-silver ratio has moves […]
The plunge in the price of copper by more than 20 percent since the beginning of June has worried analysts who see it as a bad signal for the global economy. The red metal has acquired the sobriquet Doctor Copper for its ability to take the temperature of the world economy. – Why trust Dr […]
The Big Q: What Exactly Happened to the Cryptocurrency Market? $BTCUSD “The cryptocurrency market is now of its biggest draw-downs ever, and even the staunchest crypto Bulls have to be wondering when it is going to end.” On 7 January 2018, the total value of all cryptocurrencies reached an all-time high of $829, according to […]
The Big Q: Was Bitcoin’s Dive Really Caused By a “Hack”? $BTCUSD At the weekend the price of Bitcoin hit a 2-month low on the Bitfinex exchange and bounced a bit. The Big Q: Was the cause of the dive really a ‘hack’? The Big A: Some think that the hack on a SKorean exchange […]
Investors Chasing Yield, ‘Greed Vs Fear’ $SPY, $GS Investors are enjoying the 2nd longest Bull Market in history are now motivated more by a search for yield than concern that another correction could be coming. Note: A market correction is seen as a Southside move 8 – 12% off of a marked high. “We’re down […]
US Stocks in Consolidation Mode, Not in Bear Market $DIA, $SPY, $QQQ, $VXX Thursday, US stocks bounced, as expectations that lower US taxes will drive corporate earnings added to fading worries about a US military conflict with Russia in Syria. We are seeing some early optimism ahead of earnings season’s kick-off Friday, and there no […]
US Bull Market Turned 9 Friday, a Happy Day for the Bulls $DIA, $SPY, $QQQ Friday, the 2nd longest US Bull Market since WWII turned 9 anni. It began precisely at 1.00p EST on 9 March 2009 when all 3 of the major US stock market indexes bottoms and bounced in unison. A very rare […]
Arcane Financial Products That Track VIX Questioned $CBOE, $VXX, $CS, $NMR Wall Street’s most widely followed ‘fear gauge’ of future stock market volatility is being manipulated, causing billions of dollars in losses a year to unwary investors, a law firm representing an “anonymous whistleblower” alleged in a letter to US financial regulators and released Monday. […]
Insight into the Stock Markets’ ‘Quick’ Correction $DIA, $SPY, $QQQ, $VXX As US stock markets conclude 1 of the worst weeks point-wise in history, below is a list of the Key things to know about the quick 9 day corrective action, as follows: It was driven by technicals, not fundamentals. The ongoing market correction does […]
Technically the Stock Market’s Volatility Looks Short Term $DIA, $SPY, $QQQ, $VXX US equities reclaimed some losses for the week Friday in another volatile trading session. The S&P 500 gained 1.5% The DJIA gained 1.4% The NAS Comp gained 1.4% The Russell 2000 gained 1.0%. The S&P 500 covered a wide range of about 105 […]
DJIA Pullback Linked to Bond Market Not DC Disclosures $DJIA Last week’s US stock market pullback related to movements in the bond market, and not to the release of a GOP House Intel memo that accuses FBI and DOJ investigators of anti-Trump bias, that has indicated President Trump in the Russia probe. President Trump’s position […]
Ferrari (NYSE:RACE) the One Automaker to Buy $RACE So let’s talk about Ferrari (NYSE:RACE) the one automaker the leads the entire automotive sector by ‘miles’ Ferrari celebrated its 70th Anni in Y 2017, and looks poised for record growth in the coming years. The Big Q: Why Ferrari is racing ahead of all rivals? Ferrari’s cars are […]
All Savvy Market Investors Are Prepared for a 10% Correction $DIA, $SPY, $QQQ, $VXX All savvy investors know that it is just a matter of time before this Bull market leg hit end and the market will have a healthy 9-11% correction. A 10% correction could come at any time, and particularly when the market […]
The Polish Fading on Apple (NASDAQ:AAPL) Shares $AAPL Shares of Apple (NASDAQ:AAPL) dipped Monday flirting with correction territory following a report that the company had told suppliers to scale back shipments of parts for its upcoming iPhone X. Digitimes reported that Apple suppliers were shipping just 40% of the components originally ordered for the premium […]
A Study in Bear Markets Years 1900 to 2017 $DIA, $SPY, $QQQ, $GLD, $SLV Last week was not all Wine & Roses, this week is better Last Monday closed with the DJIA at a new all-time high, but it was downhill for the rest of the week. And the week the NYSE began producing more […]
Managed Money Said Monday, “We are not worried at all about tech” $AAPL, $AMZN, $FB, $GOOGL, $MSFT Selling in the high flying technology sector extended to its 2nd trading day Monday, with the NAS Comp seeing it biggest 2-day loss since September 2016 The tech selling dragged down all 3 major US stock market indexes, […]
Investors Contemplating January 2017 After The Trump Rally $DIA, $SPY, $QQQ, $VXX After this late rally,aka The Trump Rally, driven by the US election drove stocks to new all-time highs, investors are wary that the market could be primed for a pull back or correction to start Y 2017. The benchmark S&P 500 posted a […]
US Market Entering the 9th Year of this Bull Market $DIA, $SPY, $QQQ, $VXX Valuation is not a great tool for market timing, as equity cycles can run longer that people think, and selling just because PE/R’ are high has repeatedly proven a mistake. Consider the S&P 500, which as of now has spent 42 […]
A Minor Correction Will Be Healthy for the Bull Run $DIA, $SPY, $QQQ A minor correction is ahead for the record-setting Bull Market in US stocks, but Donald Trump will help the civilian investor as the new President starts delivering on his campaign vows to make “America Great Again”. Stocks have advanced on speculation the […]
Buying Stocks in a Downtrend is Not a Good Investment Strategy $DIA, $SPY, $QQQ, $VXX Buying stocks as they decline to longer-term trends is not a reliable way to reap gainers when the market is too expensive. In other words, “buying the dip” may not work after a 9-day selloff ended Friday for the longest […]
Rising Inflation Augurs Record High Gold Price, Stock Correction $DIA, $SPY, $QQQ, $VXX, $GLD Rising inflation and sagging confidence in the ability of central banks to revive global growth will drive up Gold price, and bullion could climb to a record in the next 2 years. Consumer prices are set to rise as Crude Oiil […]
Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: Stocks were overall mixed Wednesday; DJIA, Shanghai and Nikkei may move up in the near term. Nifty is not so sure about the direction just now but could be vulnerable to a fall. DAX is trying to move up […]
Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: US stocks bounced Tuesday after Monday’s dive and if no extension seen in the next couple of sessions, it signal a Bear phase medium term. PE DJIA 18228.30, +133.47 bounced Tuesday off of the 17900 area. It is Key […]
Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: Seeing stocks headed for a pullback or correction before seeing a new rise medium term. PE Note: The CBOE Volatility Index (VIX) 14.49, +2.20, as investors sought some portfolio insurance ahead of some Key macro events this week. DJIA at […]
Key US Stock, Crude, Gold and Silver Markets Briefing $DIA, $OIL, $USO, $GLD, $SLV, $CU Commentary: Seeing stocks headed for a pullback or correction before seeing a new rise medium term. PE DJIA at 18261.45, -0.71% was rejected at the channel resistance near 18400, if that holds, see a re-test of support near 18000-17900 in […]
Frontier Communications (NASDAQ:FTRPR) Possible Correction Towards 93.94 Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 93.94. The projected upper bound is: 88.50. The projected lower bound […]
Market Update for Early September 2016 $DIA, $SPY, $QQQ, $VXX, $GLD, $SLV For the past two months, excitement in the stock market has been hard to come by. On August 15th the Dow Jones saw its last all-time high, and it made seven new all-time highs in a row in mid-July. But these new highs […]
Chesapeake Energy (NYSE:CHK) Possible Correction to 5.06 Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are trending. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 5.06. The projected upper bound is: 7.19. The projected lower bound […]
Technical Outlook for WTI Crude Oil & Gold (Weekly) $USO, $OIL, $GLD NYNEX Crude Oil (CL) The rebound from 39.19 extended higher and the break of the resistance at 44.42 argues that pull back 51.67 has completed at 39.19. Intra-day bias is back to the Northside for 55-Day EMA now at 46.13) 1st. A clear […]
Monday’s Currency Briefing $USDJPY, $EURUSD, $.DXY Major currencies are trading strong Vs the Dollar and could remain so near term. US Dollar (.DXY) Index (95.63) is down sharply and could come down towards 94.50 in the near term before bouncing back again. USDJPY: Japanese Yen (102.57) has fallen sharply as the BOJ meeting came in […]
Raise Rates, Don’t Raise Rates, Who’s Right? $DIA, $SPY, $QQQ, $VXX There are those economists that argue that the US Fed should take an unconventional approach to ending a long period of below-target inflation: that being that instead of keeping interest rates low to drive economic activity and push up prices, it should raise interest […]
The US “Earnings Recession” is Not Registering with Investors $DIA, $SPY, $QQQ, $VXX The US earnings recession should be dampening the 7-year-old Bull Market, but it is not registering with investors. Quarterly profits in the S&P 500 Index are about to fall yet again, extending a streak of declines poised to match the longest earnings […]
Elevated Risk Suggests “Do not Buy the Dips” $DIA, $SPY, $QQQ, $VXX The S&P 500 close to all-time highs, the stretched valuations and a lack of growth, signals that risk is elevated up here Notably, corrections in excess of 20% (38 to 55% corrections do happen) for major stock market happen frequently and recently have […]
A Stock Market History Lesson $DIA, $SPY, $QQQ Going back to Y 1929, the S&P 500, excluding dividends, has been unchanged on the year just 5 times; Y’s 1947, 1948, 1970, 2011, and 2015. Meaning, the success rate of hold a Neutral stance on the market in the 86 years between Y’s 1929 and 2015 […]
Wednesday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Tuesday, Wall Street is so far ignoring the recent Fed rate hike concerns and moved sharply higher, with the DJIA +213 pts or 1.22% to finish the day at 17,706.07. The NAS Comp advanced 95 pts and closed at 4,861.06, and the S&P 500 rose 1.37% to […]
The Bulls Don’t Have What It Takes To Move Market Higher The Big Q: Who is running this game? $DIA The Dow Jones and the general stock market look weaker by the day. Friday, for the 1st time since October 2008 a Dow Jones’ 52Wk High expired after its 52 weeks passed it by. […]
How Companies Approach Going Public in Today’s Market Not until Y 2009 did the market see a pre-IPO company reached a $1-B valuation. The majority of today’s Unicorn companies reached that valuation level in just the past 18 months. They move in a few distinct herds, as follows: About 35% of them are in the […]
Friday’s Technical Outlook for the DJIA (.DIA) $DIA, $.DJI US stocks finished sharply lower Thursday after data showed US GDP growth advanced at its slowest pace in 2 years and jobless claims rose more than expected. The DJIA lost 210 pts, or 1.17%, to close at 17,830.76, recording the biggest 1-day fall since 11 February […]