US - Market Direction 40 (May 17 - Mar 18)

Re: US - Market Direction 40 (May 17 - Mar 18)

Postby winston » Tue Jan 02, 2018 8:43 pm

NEW HIGHS OF NOTE LAST WEEK

CF Industries (CF)... fertilizer
BP (BP)... oil and gas
Chevron (CVX)... oil and gas
ConocoPhillips (COP)... oil and gas
Royal Dutch Shell (RDS-A)... oil and gas
Valero Energy (VLO)... oil and gas
Arch Coal (ARCH)... coal
Freeport-McMoRan (FCX)... diversified mining
Rio Tinto (RIO)... diversified mining

Southern Copper (SCCO)... copper
Alcoa (AA)... aluminum
Union Pacific (UNP)... railroads
C.H. Robinson Worldwide (CHRW)... shipping technology
Burlington Stores (BURL)... discount retailer
Five Below (FIVE)... discount retailer
Ollie's Bargain Outlet (OLLI)... discount retailer
Best Buy (BBY)... TVs, computers, appliances
Discover Financial Services (DFS)... credit cards
Darden Restaurants (DRI)... LongHorn Steakhouse, Olive Garden
Bob Evans Restaurants (BOBE)... family dining, packaged food
Dunkin' Brands (DNKN)... coffee and baked goods
Marriott (MAR)... hotels
KB Home (KBH)... homebuilder
Lennar (LEN)... homebuilder
Home Depot (HD)... one-stop shop for home repairs
Lowe's (LOW)... one-stop shop for home repairs
United Rentals (URI)... equipment rental
Fiat Chrysler Automobiles (FCAU)... cars and trucks

NEW LOWS OF NOTE LAST WEEK

Not many... It's a bull market, you know!

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Re: US - Market Direction 40 (May 17 - Mar 18)

Postby winston » Fri Jan 05, 2018 5:54 pm

This 1 chart shows the U.S. stock market is the most expensive in the world

By Ryan Vlastelica


Source: Market Watch

https://www.marketwatch.com/story/this- ... yptr=yahoo
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Re: US - Market Direction 40 (May 17 - Mar 18)

Postby winston » Mon Jan 08, 2018 11:18 am

MONDAY

Again, the big question is whether the money keeps coming in. It poured into the large caps the past week. As noted in the discussion of the small caps, it is January and typically the smaller issues get the money.

IF money tapers its bid for the large caps after that first strong week, it makes sense it would seek the small and midcaps, the more traditional January buys. Thus, even if the large caps slow, the market can still rise gratis bids moving to the smaller caps. We will see.

Definitely a strong start to the year and the old adages say that bodes well for the year. Does not mean there are not fades, pullbacks, or even out and out corrections. It is all a matter of when and what stocks.

For now the retail are a bit weaker after strong runs, but oil, FAANG, manufacturing, tech are strong. Will chips continue gathering money their way? Will others step up and move up, e.g. China, drugs, internet? The market will need new sectors stepping up to keep the move rallying,
especially if SP500, DJ30 start to correct back after their extended moves up from the 50 day MA.

Source: Investment House
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Re: US - Market Direction 40 (May 17 - Mar 18)

Postby winston » Mon Jan 08, 2018 11:25 am

CHARTS

The large cap indices launched almost straight up on the week as money flowed into the big names. Something of an inverse January effect as the small caps lagged.

NASDAQ: Went with NASDAQ to lead off though any of the big 3 large cap indices would suffice. NASDAQ jumped off the 20 day EMA test Tuesday and rallied on a solid expansion of volume back above average. Big names did the leading as NASDAQ 100 shows even a stronger gain as FAANG jumped back in on the upside.

SP500: Rocketing upside again after another 20 day EMA test. Volume was up but less than impressive with only Thursday showing above average trade. Extended off its 50 day EMA it left behind in early September, it should correct, but the new money coming in was not about to let it. For now, playing the move, watching for trouble such as good moves reversing sharply.
Not thus far.

DJ30: Nice surge, quite strong Friday after lagging NASDAQ on the week. As extended as SP500 above its 50 and 200 day MA's, but its mix of large cap industrial and tech is enjoying the new money.

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Re: US - Market Direction 40 (May 17 - Mar 18)

Postby winston » Mon Jan 08, 2018 8:36 pm

NEW HIGHS OF NOTE LAST WEEK

Berkshire Hathaway (BRK-B)... Warren Buffett's holding company
Bank of America (BAC)... America's "financial backbone"
JPMorgan Chase (JPM)... America's "financial backbone"
American Express (AXP)... credit cards
Mastercard (MA)... credit cards
Ally Financial (ALLY)... online bank
E-Trade Financial (ETFC)... online brokerage
Alphabet (GOOGL)... "FANG" stock
Facebook (FB)... "FANG" stock
Amazon (AMZN)... "FANG" stock
Netflix (NFLX)... "FANG" stock
Microsoft (MSFT)... "digital utility"
Royal Dutch Shell (RDS-A)... oil and gas
BP (BP)... oil and gas
Rio Tinto (RIO)... diversified mining
Alcoa (AA)... aluminum
Southern Copper (SCCO)... copper
Steel Dynamics (STLD)... steel
KB Home (KBH)... homebuilder
Lennar (LEN)... homebuilder
Sherwin-Williams (SHW)... paint and coating
International Paper (IP)... paper
FedEx (FDX)... shipping
United Parcel Service (UPS)... shipping
Waste Management (WM)... trash and recycling
LyondellBasell Industries (LYB)... chemicals
AbbVie (ABBV)... prescription drugs
Abbott Laboratories (ABT)... "one of the world's greatest tailwinds"
Baxter (BAX)... "one of the world's greatest tailwinds"


NEW LOWS OF NOTE LAST WEEK

Sears Holdings (SHLD)... dying retailer
Barnes & Noble (BKS)... bookstores
American Outdoor Brands (AOBC)... guns


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Re: US - Market Direction 40 (May 17 - Mar 18)

Postby winston » Mon Jan 15, 2018 12:50 pm

A 'big money indicator' is pointing to more record highs for stocks

by Annie Pei

The advance-decline line of the S&P 500 Index has broken out in the last month, and points to more gains ahead.

The advance-decline line essentially tracks the moves of the 15-most heavily traded stocks by share volume.

As a result, the strategist believes that while you can stick with some winning sectors like tech, investors can also start to rotate into other more cyclical sectors. This includes financials — which Suttmeier emphasizes that he is "very bullish" on — as well as industrial and material names.


Source: CNBC.com

https://www.cnbc.com/2018/01/12/a-big-m ... KW,198VM,1
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Re: US - Market Direction 40 (May 17 - Mar 18)

Postby winston » Mon Jan 15, 2018 5:43 pm

A rallying market may correct soon, but one pro says watch for this 'monster buy signal'

by Stephanie Landsman

"What we found is when the yield curve is flattening, it's actually a monster buy signal".

There are no negative divergences. The advance-decline line is making new highs. It's a pretty broad move".

When it dips,Dwyer sees financials, industrials and information technology as the big winners.


Source: CNBC

https://finance.yahoo.com/news/rallying ... 00989.html
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