US - Market Direction 41 (Mar 18 - May 19)

Re: US - Market Direction 41 (Mar 18 - Dec18)

Postby winston » Mon Oct 08, 2018 7:57 pm

NEW HIGHS OF NOTE LAST WEEK

Disney (DIS)... theme parks, movies, more
Apple (AAPL)... "shareholder friendly" giant
Microsoft (MSFT)... "digital utility"
Cisco (CSCO)... Internet "plumbing"
Nvidia (NVDA)... graphics processing units
HP (HPQ)... computers, printers
Intuit (INTU)... TurboTax, QuickBooks
Automatic Data Processing (ADP)... payroll processor
Danaher (DHR)... science and technology
Thermo Fisher Scientific (TMO)... science and technology
Eli Lilly (LLY)... prescription drugs
AstraZeneca (AZN)... prescription drugs
Merck (MRK)... prescription drugs
Boston Scientific (BSX)... pacemakers, catheters, stents
UnitedHealth (UNH)... health insurance
Ingersoll Rand (IR)... manufacturing
Emerson Electric (EMR)... manufacturing
Canadian Pacific Railway (CP)... railroads
Boeing (BA)... "offense" contractor
Continental Resources (CLR)... oil and gas
Marathon Oil (MRO)... oil and gas
Vale (VALE)... iron ore
Cameco (CCJ)... uranium
CF Industries (CF)... fertilizer
Mosaic (MOS)... fertilizer

NEW LOWS OF NOTE LAST WEEK

Anheuser-Busch InBev (BUD)... beer
British American Tobacco (BTI)... tobacco
Snap (SNAP)... "cocktail party" stock
General Motors (GM)... Big Three automaker
KB Home (KBH)... homebuilder
Toll Brothers (TOL)... homebuilder
Sears Holdings (SHLD)... department store

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: 118520
Joined: Wed May 07, 2008 9:28 am

Re: US - Market Direction 41 (Mar 18 - Dec18)

Postby winston » Mon Oct 15, 2018 8:41 am

MONDAY

Earnings get started in earnest. Many look for earnings to salvage the market. Others say the warning from PPG and the TSE actual earnings show a real slowdown in the economy and that other reports will show the same. If that is the case the earnings won't save the market, won't foster a new rally.

For now we are playing an oversold bounce. We picked up some really solid positions Friday and perhaps more will show themselves this week. The problem is that if this is just a relief move, the later you enter, the worse risk/reward. Thus, we will be selective adding more bounce plays.

At the same time look at some areas receiving money before the rebound. If they hold up in good tests, if the bounce fails they will get money their way. Gold, other precious metals, select retail.

As the bounce matures we will see if these bouncing stocks set up better patterns to play upside -- or downside. Then we play what is offered. It is best to now play the next move versus the current move: the upside gap and vigor of the rally either results in a burnout and roll over, or a test that perhaps then rebounds again.

If the latter, there will be good plays on the big names. If not, there will be plays on the areas that were getting money as the big names sold off. Not as exciting upside, but there will also be some downside again.

There is not much more analysis than that. The market sells off, digs holes it has to climb out, and how it does or fails to do will tell the probable outcomes. All the prognosticating means nothing.

The only one that is worth anything is the Fed's history, the change in its game plan as discussed last week, the President's comments hemming Powell in to a certain extent. The Fed is a market and economy killer, and if that holds, eventually this move stalls out, whether the one started Friday or the bigger move.

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: 118520
Joined: Wed May 07, 2008 9:28 am

Re: US - Market Direction 41 (Mar 18 - Dec18)

Postby winston » Mon Oct 15, 2018 8:51 am

CHARTS

SP500: Gapped over the 200 day SMA, sold off all but 1 point of the gain, then recovered to close right at the 200 day. Nice move, doji with tail, over key support. Okay, now we see if this was a turn back up for a bounce that started the bottoming process or just a continuation doji, i.e. continuing the selling.

DJ30: Gapped back over the 200 day MA as well, sold off below it and to negative by midday, then recovered to close with 2/3 of the gain at the high of the session. Holding the 200 day SMA is good. DJ30 can still be the market's rescue crew if it can hold the 200 day SMA and resume the upside. Four tests of support after jumping off the 200 day SMA in early July, now back to that level to test, and we will see if it is a reset of the uptrend at this support.

NASDAQ 100: Gapped back over the 200 day SMA, sold off below it intraday -- filling much of the gap -- then recovering above where it opened. Similar to DJ30, NASDAQ 100 moved up the 50 day MA after leaving the 200 day in April. It tested the 50 day 4 times in its uptrend and hitting new highs, then fell to the 200 day SMA to test. If the economics remain good, NDX will hold this level, either with a rally straight up or more likely with a test similar to April, rally to recover the 50 day MA, and continue the uptrend from there.

NASDAQ: Gapped upside just over the 200 day SMA, but after the selloff midday, NASDAQ could not close over the 200 day. Similar action as NASDAQ 100 in terms of the 50 day MA rally and now at the 200 day SMA again to test as in April. Not bad, showing a doji, still can continue the bounce higher but not getting much help from chips.

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: 118520
Joined: Wed May 07, 2008 9:28 am

Re: US - Market Direction 41 (Mar 18 - Dec18)

Postby winston » Tue Oct 16, 2018 7:56 pm

S&P 500 at Key Technical Risk Level

By James Chen

The price of SPX as of Monday is sitting just barely above its rising 12-month moving average.

The monthly MACD indicator is still showing a bullish signal, as the MACD itself remains above its signal line, keeping the MACD histogram slightly positive.

From a technical view, the market's still in an uptrend, but only barely so. BofAML warns that any monthly price close for the SPX below its 12-month moving average, combined with any new MACD sell signal, would increase the risk that the market's long-term uptrend could sputter like it did in 2015-2016, or worse, reverse into a full-fledged bear market.


Source: Investopedia

https://www.investopedia.com/news/sp-50 ... 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: 118520
Joined: Wed May 07, 2008 9:28 am

Re: US - Market Direction 41 (Mar 18 - Dec18)

Postby winston » Mon Oct 22, 2018 8:01 pm

NEW HIGHS OF NOTE LAST WEEK

Disney (DIS)... theme parks, movies, more
Noodles & Company (NDLS)... fast-casual dining
Wingstop (WING)... fast-casual dining
McCormick (MKC)... spices and condiments
Spirit Airlines (SAVE)... airline
ServiceMaster Global (SERV)... pest control, home restoration
Anthem (ANTM)... health insurance
UnitedHealth (UNH)... health insurance
Progressive (PGR)... property and casualty insurance
Harris (HRS)... "picks and shovels" military supplier
U.S. Cellular (USM)... wireless telecom
CME Group (CME)... derivatives


NEW LOWS OF NOTE LAST WEEK

Sears Holdings (SHLD)... bankrupt department store
JC Penney (JCP)... dying department store
Barclays (BCS)... British bank
HSBC (HSBC)... British bank
Credit Suisse (CS)... Swiss bank

General Motors (GM)... debt-plagued automaker
Honda Motor (HMC)... automaker
Toyota Motor (TM)... automaker
KB Home (KBH)... homebuilder
Lennar (LEN)... homebuilder
IBM (IBM)... computers
Anheuser-Busch InBev (BUD)... beer

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: 118520
Joined: Wed May 07, 2008 9:28 am

Re: US - Market Direction 41 (Mar 18 - Dec18)

Postby winston » Mon Oct 29, 2018 7:41 pm

NEW HIGHS OF NOTE LAST WEEK

New York Times (NYT)... media icon
MSG Networks (MSGN)... sports on TV
Verizon Communications (VZ)... Internet "toll bridge"
U.S. Cellular (USM)... wireless telecom
FirstEnergy (FE)... utilities
Dollar General (DG)... discount retailer
Clorox (CLX)... bleach, cleaning products, more
Hormel Foods (HRL)... Spam, Skippy, Muscle Milk
McCormick (MKC)... spices and condiments

Lamb Weston (LW)... frozen potato products
SodaStream (SODA)... do-it-yourself soda
Revlon (REV)... makeup, perfume, lipstick
Merck (MRK)... drugmaker
Spirit Airlines (SAVE)... airline
Monro (MNRO)... car repairs
MSA Safety (MSA)... safety equipment

NEW LOWS OF NOTE LAST WEEK

Ford Motor (F)... "Big Three" automaker
General Motors (GM)... "Big Three" automaker
Hertz Global (HTZ)... rental cars
Marriott (MAR)... hotels
Anheuser-Busch InBev (BUD)... beer
Molson Coors Brewing (TAP)... beer
IBM (IBM)... computers
eBay (EBAY)... online marketplace
Electronic Arts (EA)... video games
Raytheon (RTN)... "offense" contractor
3M (MMM)... manufacturing
Cemex (CX)... concrete and cement
Caterpillar (CAT)... construction equipment
SunPower (SPWR)... solar power

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: 118520
Joined: Wed May 07, 2008 9:28 am

Re: US - Market Direction 41 (Mar 18 - Dec18)

Postby behappyalways » Tue Oct 30, 2018 6:10 pm

2018.10.28【文茜世界財經週報】美股上演十月驚異奇航 震盪恐成新常態
https://www.youtube.com/watch?v=0p3exBS ... wlqT1IXpxu
血要热 头脑要冷 骨头要硬
behappyalways
Millionaire Boss
 
Posts: 39906
Joined: Wed Oct 15, 2008 4:43 pm

Re: US - Market Direction 41 (Mar 18 - Dec18)

Postby winston » Mon Nov 05, 2018 8:02 am

CHARTS

That said, DJ30 still looks good with a tap at the 200 day SMA on the low and a rebound off that. It can still set up an inverted head and shoulders pattern from this setup. It can also still sell off.

NASDAQ is still below the 200 day SMA and less than inspiring with that large gap from Wednesday below.

SP500 moved closer to the 200 day SMA and turned. It is more like NASDAQ than DJ30 and has that large gap sitting out there as well. Lots of resistance.

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: 118520
Joined: Wed May 07, 2008 9:28 am

Re: US - Market Direction 41 (Mar 18 - Dec18)

Postby winston » Mon Nov 05, 2018 8:40 pm

NEW HIGHS OF NOTE LAST WEEK

McDonald's (MCD)... fast-food giant
Denny's (DENN)... chain restaurants
SodaStream (SODA)... do-it-yourself soda
Hormel Foods (HRL)... "selling the basics"
Keurig Dr Pepper (KDP)... "selling the basics"
McCormick (MKC)... "selling the basics"
Church & Dwight (CHD)... "selling the basics"
Burlington Stores (BURL)... "everything" stores
Ross Stores (ROST)... "everything" storesTractor Supply (TSC).. "rural lifestyle" retailer
New York Times (NYT)... media
Verizon (VZ)... Internet "toll bridge"
American Tower (AMT)... telecom "picks and shovels"
Merck (MRK)... prescription drugs
HCP (HCP)... health care REIT
Welltower (WELL)... health care REIT


NEW LOWS OF NOTE LAST WEEK

General Electric (GE)... debt-ridden industrial giant
Caterpillar (CAT)... heavy machinery
Deere (DE)... heavy machinery
Toyota Motor (TM)... cars and trucks
Avis Budget (CAR)... rental cars
Carnival (CCL)... cruises
Royal Caribbean Cruises (RCL)... cruises
Wynn Resorts (WYNN)... casinos and resorts
Caesars Entertainment (CZR)... casinos and resorts
DISH Network (DISH)... "cord cutting" victim
Navient (NAVI)... student loans

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: 118520
Joined: Wed May 07, 2008 9:28 am

Re: US - Market Direction 41 (Mar 18 - Dec18)

Postby winston » Fri Nov 09, 2018 5:58 pm

US STOCKS TO WATCH AFTER THE MIDTERMS

by Tay Hock Meng

1. Stocks in the Consumer Discretionary segment should perform well given that holiday season is around the corner.

2. With a Democrat-controlled House, the repealing of ‘Obamacare’ or Affordable Care Programme should be off the table and benefiting Healthcare stocks.

3. US consumers would use the extra cash to purchase smaller-ticket andNon-Luxury Items like consumer electronics, officewear, and home decoration goods.

4. With Republicans still in the upper chambers we think that the Industrial sector will still be a key sector to monitor closely.

5. Additionally, the Defence sector will continue benefiting from the growing Federal budget.


Source: Shares Investment

http://aspire.sharesinv.com/58846/us-st ... -midterms/
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: 118520
Joined: Wed May 07, 2008 9:28 am

PreviousNext

Return to Archives

Who is online

Users browsing this forum: No registered users and 2 guests