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

Re: US - Market Direction 40 (May 17 - Dec 17)

Postby winston » Sat Sep 02, 2017 8:58 am

On September 18, the Markets Will Turn – Here’s How to Protect Yourself

by TOM GENTILE

Here are your key takeaways from the Four Corners…

Stocks: the stock market is going to reverse after September 18 and dramatically impact your investments in stocks.

Bonds: bonds have historically had an inverse relationship to stocks. Typically, bonds will move higher when the stock market moves down.

Currencies: the euro typically moves higher when U.S. markets move lower. Despite geopolitical events, it’s currently moving higher and doesn’t look to be slowing down, which is good for your bottom dollar (generally speaking, a strong euro is good news for U.S. stocks).

Commodities: crude oil is currently spiking slightly in price, as you may have noticed at the gas pumps. Despite this, oil is going to drop by 10% in the near future.


Source: Power Profit Trades

https://powerprofittrades.com/2017/09/o ... /#deeplink
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 96875
Joined: Wed May 07, 2008 9:28 am

Re: US - Market Direction 40 (May 17 - Dec 17)

Postby winston » Mon Sep 04, 2017 10:02 am

MONDAY

NASDAQ is bumping at a new high, and the MO of this market is that new highs are sold. Typically 1 to 2 weeks after the high is hit and after more upside is added.

The news can always impact this and over this weekend North Korea tested a sixth nuclear bomb, one it claims to be hydrogen and warhead ready. That puts a nice pall over everyone.

Headlines are dominated by the North Korean nuke, and we will have to see how the world markets handle this when they open. Nonetheless, the US open is a long way off: Tuesday. Things can cool quite a bit in terms of the nuke test.

Further, this market, while pushed and pulled by the news, still finds its same pattern. Despite the small cap and midcap collapse, the large cap indices held intact and are continuing upside, doing what they have done in other moves in the rally. Thus, we are sticking with the plan of
anticipating a continued move higher by NASDAQ and the other indices, followed by another reversal of the new high.

That is the apparent algorithm programming and thus far, despite all of the predictions of a
selloff that won't bounce, the indices have bounced. The algos bought on the last dip and as that aspect remained we would expect the other to remain.

Source: Investment House

http://www.investmenthouse.com/frblog.php
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 96875
Joined: Wed May 07, 2008 9:28 am

Re: US - Market Direction 40 (May 17 - Dec 17)

Postby winston » Tue Sep 05, 2017 8:06 pm

NEW HIGHS OF NOTE LAST WEEK

Berkshire Hathaway (BRK-B)... Warren Buffett's holding company
Aflac (AFL)... insurance
UnitedHealth (UNH)... insurance
Biogen (BIIB)... biotech
Shopify (SHOP)... e-commerce powerhouse
PayPal (PYPL)... online payments
Match (MTCH)... online dating
Boingo Wireless (WIFI)... world's leading Wi-Fi provider
American Tower (AMT)... wireless "picks and shovels"
VMware (VMW)... cloud software
Red Hat (RHT)... open-source software
Apple (AAPL)... iPhone, iPad, Apple Watch
Microsoft (MSFT)... Windows, Office, Xbox
Activision Blizzard (ATVI)... video games
Electronic Arts (EA)... video games
Callaway Golf (ELY)... golf equipment
Constellation Brands (STZ)... Robert Mondavi, Corona
Monster Beverage (MNST)... energy drinks
Waste Management (WM)... trash and recycling
Lumber Liquidators (LL)... hardwood and laminate flooring
Owens Corning (OC)... roofing and insulation
Caterpillar (CAT)... heavy equipment
U.S. Concrete (USCR)... concrete
Rio Tinto (RIO)... diversified mining
Royal Gold (RGLD)... precious metals royalties
Alcoa (AA)... aluminum
Century Aluminum (CENX)... aluminum
Raytheon (RTN)... "offense" contractor

NEW LOWS OF NOTE LAST WEEK

American Outdoor Brands (AOBC)... guns
Sturm, Ruger (RGR)... guns
Hess (HES)... oil and gas
Chesapeake Energy (CHK)... natural gas
Shake Shack (SHAK)... fast food
Finish Line (FINL)... athletic shoes

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 96875
Joined: Wed May 07, 2008 9:28 am

Re: US - Market Direction 40 (May 17 - Dec 17)

Postby winston » Tue Sep 05, 2017 8:06 pm

NEW HIGHS OF NOTE LAST WEEK

Berkshire Hathaway (BRK-B)... Warren Buffett's holding company
Aflac (AFL)... insurance
UnitedHealth (UNH)... insurance
Biogen (BIIB)... biotech
Shopify (SHOP)... e-commerce powerhouse
PayPal (PYPL)... online payments
Match (MTCH)... online dating
Boingo Wireless (WIFI)... world's leading Wi-Fi provider
American Tower (AMT)... wireless "picks and shovels"
VMware (VMW)... cloud software
Red Hat (RHT)... open-source software
Apple (AAPL)... iPhone, iPad, Apple Watch
Microsoft (MSFT)... Windows, Office, Xbox
Activision Blizzard (ATVI)... video games
Electronic Arts (EA)... video games
Callaway Golf (ELY)... golf equipment
Constellation Brands (STZ)... Robert Mondavi, Corona
Monster Beverage (MNST)... energy drinks
Waste Management (WM)... trash and recycling
Lumber Liquidators (LL)... hardwood and laminate flooring
Owens Corning (OC)... roofing and insulation
Caterpillar (CAT)... heavy equipment
U.S. Concrete (USCR)... concrete
Rio Tinto (RIO)... diversified mining
Royal Gold (RGLD)... precious metals royalties
Alcoa (AA)... aluminum
Century Aluminum (CENX)... aluminum
Raytheon (RTN)... "offense" contractor

NEW LOWS OF NOTE LAST WEEK

American Outdoor Brands (AOBC)... guns
Sturm, Ruger (RGR)... guns
Hess (HES)... oil and gas
Chesapeake Energy (CHK)... natural gas
Shake Shack (SHAK)... fast food
Finish Line (FINL)... athletic shoes

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 96875
Joined: Wed May 07, 2008 9:28 am

Re: US - Market Direction 40 (May 17 - Dec 17)

Postby winston » Wed Sep 06, 2017 8:24 am

Brace yourself for a market correction in two months, analysts warn

Many investment managers and analysts have been talking about a market correction after the strong stock performances in Europe and the U.S. since the start of the year

The recent escalation of words and actions between North Korea and the United States has also sent jitters across global markets

"U.S. recession in 2019 at the earliest, hence further room to go"

"In our opinion, the highest risk/probability for such a trigger event is still a slowdown in China – not (yet) North Korea or Trump".


China is seen by many as a great risk to the world economy due to its pile of debt and lower economic growth.


"The second highest is in our view that markets throw a tantrum over the U.S. quantitative easing unwind announcement".


Deutsche Asset Management doesn't think there will be a recession before 2019.


Source: CNBC

https://www.cnbc.com/2017/09/05/brace-y ... CKW,ZA4D,1
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 96875
Joined: Wed May 07, 2008 9:28 am

Re: US - Market Direction 40 (May 17 - Dec 17)

Postby winston » Wed Sep 06, 2017 7:23 pm

Do Not Try to Second-Guess This Bull Market

Investors and traders who think they know better could pay dearly...

By D.R. BARTON, JR.

Bull markets can last longer – a lot longer – than technical or fundamental data would seem to predict. And getting out of the market before prices tell you unequivocally "we've made the top" is hazardous to your wealth.


Until the S&P 500 breaks below the 2,400 to 2,410 zone and decisively stays there, there's no reason – no reason at all – to rethink an overall bullish bias and a practical strategy of going "long."


Source: Money Morning

https://moneymorning.com/2017/09/06/do- ... ll-market/
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 96875
Joined: Wed May 07, 2008 9:28 am

Re: US - Market Direction 40 (May 17 - Dec 17)

Postby winston » Fri Sep 08, 2017 8:30 am

The Dow’s first stop could be 4,000 points lower if there’s a real selloff

by Nigam Arora

Right now, the stock market is assuming two things.

First, regarding North Korea, that people in power on all sides are rational.

Second, a buy-the-dip mentality will prevail and machines that trade large volumes every day will not make mistakes.


The chart shows the machines trained to buy the dip joined the momo crowd to buy aggressively, briefly bringing tech stocks to a gain for the day. It turned out that this time, the machines guessed wrong and the rally fizzled.

The VUD indicator shown on the chart is the most sensitive measure of supply and demand in real time. It shows massive selling came in and machines reversed course after first making a mistake.


The takeaway here is that machines do make mistakes in judging direction, so in a short time frame, buying the dips does not always work. Of course, in a longer time frame, buying the dips has been working since 2009.


In case there is a massive selloff, it is likely to be a buying opportunity — barring a nuclear war.

“It is worth remembering that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.

When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non-ETF); consider using wider stops on remaining quantities and also allowing more room for high-beta stocks.


Source: MarketWatch

https://finance.yahoo.com/news/dow-firs ... 34015.html
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 96875
Joined: Wed May 07, 2008 9:28 am

Re: US - Market Direction 40 (May 17 - Dec 17)

Postby winston » Mon Sep 11, 2017 3:45 pm

MONDAY

Lots of data on the week (PPI, CPI, Retail Sales, Empire Manufacturing) for a market where most of the indices spent last week testing the prior week's move. Further, IRMA will have made landfall and be working its way up the east coast so there will be an idea of the damage. Thus far no North Korea launch, but it is early.

The indices are set up to continue the move and make some new highs on NASDAQ, SP500 as it did on the last rally before the test. They have certainly put in the work and are in position, and there are good leadership groups ready to go as well.

This is pretty technical as far as we are concerned. Good initial move off the selling, a pause below prior highs, then a move to new highs and a bit more, then the selloff comes again. Thus, looking for that continued move off of this test.

Source: Investment House
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 96875
Joined: Wed May 07, 2008 9:28 am

Re: US - Market Direction 40 (May 17 - Dec 17)

Postby winston » Mon Sep 11, 2017 3:52 pm

The S&P 500 is doing something it hasn’t since 1995, and that could mean a pullback ahead

by Annie Pei

As of Thursday, it had been exactly 10 months since the S&P 500 saw a pullback of 3 percent, Detrick pointed out.

That makes this only the second-longest streak without a 3 percent pullback that has been since 1928, beaten by an 11-month run that took place from the end of 1994 to December 1995.


"The economy still looks good, and potentially, this bull market still has a long way to go. It's just near-term, things look dicey."



Source: CNBC

https://www.cnbc.com/2017/09/08/sp-500- ... yptr=yahoo
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 96875
Joined: Wed May 07, 2008 9:28 am

Re: US - Market Direction 40 (May 17 - Dec 17)

Postby winston » Mon Sep 11, 2017 3:52 pm

The S&P 500 is doing something it hasn’t since 1995, and that could mean a pullback ahead

by Annie Pei

As of Thursday, it had been exactly 10 months since the S&P 500 saw a pullback of 3 percent, Detrick pointed out.

That makes this only the second-longest streak without a 3 percent pullback that has been since 1928, beaten by an 11-month run that took place from the end of 1994 to December 1995.


"The economy still looks good, and potentially, this bull market still has a long way to go. It's just near-term, things look dicey."



Source: CNBC

https://www.cnbc.com/2017/09/08/sp-500- ... yptr=yahoo
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 96875
Joined: Wed May 07, 2008 9:28 am

PreviousNext

Return to AMERICAS & EUROPE: Data, News & Commentaries

Who is online

Users browsing this forum: No registered users and 3 guests

cron