Posts From Mark Arbeter

Mark Arbeter
Mark is currently the President of Arbeter Investments LLC and runs a newsletter entitled "On The Mark" focusing on technical analysis of the U.S. markets. Mark recently ended a 26 year career with Standard & Poor’s Equity Research as their Chief Technical Strategist. He made several important market calls, focusing on the intermediate to long-term. Mark is a traditional chartist with a broad understanding of technical analysis, including chart reading, momentum analysis, intermarket analysis, sector analysis, sentiment, and Elliott Wave. He is a Chartered Market Technician, holding a degree in Finance and Economics from Temple University and an MBA from Rider University. You can follow Mark on Twitter and StockTwits: @MarkArbeter.
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S&P 500 Chart Update: Price Targets For This Pullback

Well, investors finally received a pullback across the broader stock market indices. It’s still too early to tell how deep the decline will run, but for now the indices are pausing/holding near key short-term support. The S&P 500 Index (INDEXSP:.INX) is trading around 3 percent off its highs but some headwinds remain……

Post-Fed Day Market Update: Stocks & Bonds Holding Support

I do not like to get too excited on FED days when the stock market rallies. These Federal Reserve inspired rallies have a way of reversing themselves. We will see if this move brings something different. The below chart is a 2 hour of the S&P 500 (INDEXSP:.INX) with the…

Gold Trading Update: Eyeing Bonds & The U.S. Dollar

The trading setup for gold is very interesting here. At this point, there are a lot of “ifs” for this trade working out. The COT data for gold is only slightly bullish. Yet intermarket analysis looks promising:  If yields are topping here (bond prices bottoming), and the US dollar rolls over…

US Stocks: Some Perspective On Current Market Leadership

In the past couple of months, larger capitalization stocks (large-caps) have taken the major blue chip indices higher, shouldering a lot of the load. I have talked about this being a negative in the past as it’s much more preferable to see the troops (smaller stocks) lead the generals (very…

Sector Update: Health Care (XLV), Energy (XLE), and Utilities (XLU)

In early February I provided subscribers with a sector update, highlighting Health Care (NYSEARCA:XLV), Energy (NYSEARCA:XLE) and Utilities (NYSEARCA:XLU). I’d like to revisit those thoughts and what’s happened since. Here is what I wrote about Health Care (XLV): The Health Care ETF (XLV) currently looks like it has potential as…

Crude Oil Technical Update: Market Bulls Face Hurdles

There’s been very little change in the outlook for crude oil over the past week. Fundamental and technical hurdles remain but from a price perspective, traders are awaiting a major “break” in either direction. Crude Oil Technical Picture West Texas crude oil (WTI) is trading just above $53 per barrel, as it…

Gold Chart Update: Bulls Look To Power Through Resistance

After a second wave higher in the 2017 rally, gold prices spent much of last week trading in consolidation mode. Although the backdrop is bullish, the shiny metal nears key price resistance. Gold Price Resistance The SPDR Gold Shares (NYSEARCA:GLD) is sitting just under minor chart resistance near 118. And just…

Investor Sentiment Polls Study: Careful Using Indicators In Isolation

During the bull market of 2002 to 2007, I noticed something very interesting with respect to the American Association of Individual Investor’s (AAII) poll. The investor sentiment trend of this poll was getting more bearish as the S&P 500 (INDEXSP:.INX) rally and cyclical bull market aged. I said to myself, and…

S&P 500 Weekend Update: It’s Getting Awfully Noisy

Stock Market: A Lot of Noise Reading the newspaper headlines, watching the business (now political) channels, and reading social media posts, one would think the economy would be in a recession, stocks would be in a bear market, and the U.S. would be headed for World War 3. Long-time readers…

Gold Update: January Pullback May Be Short-Lived

The SPDR Gold Shares ETF (NYSEARCA:GLD) experienced a small pullback intra-week, taking cues from treasuries – I’ve noted before that the price action for gold has been closely tied to the action in the treasury market. I provided an update here last week on the $TLT (20+ year treasury bond ETF). But back to…