Tag "stock market analysis"

Top Trading Links: Investing Trends & Market Turns

This week saw stocks take a hit. Most of the damage was done on Tuesday, but by week’s end the S&P 500 Index (INDEXSP:.INX) had fallen 1.5%. At current levels, the S&P 500 is just 3 percent off all-time highs. The question here:  Is this just a run-of-the-mill 3 to…

S&P 500 Technical Trading Update and Outlook – March 24

S&P 500 Futures: (2-3 Days) Bearish Heading into the last day of the week, the short-term trend for the S&P 500 (INDEXSP:.INX) remains down. A bounce is occurring across the stock market indices but it has thus far failed to make enough progress to think lows are in place. Until futures prices can…

S&P 500, Nasdaq, and Crude Oil Futures Outlook For March 24

Stock Market Futures Considerations For March 24, 2017 Range bound behavior on the S&P 500 (INDEXSP:.INX,) is visible as the bottoming event I mentioned yesterday held.  This morning we are seeing a bounce higher.  The short-term bottoming formation will likely be tested and that will be telling for near-term market direction….

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……

S&P 500 Futures Trading Outlook For March 23

S&P 500 Futures Trading Considerations for March 23, 2017 The S&P 500 (INDEXSP:.INX) held support yesterday but a test is likely to occur soon on futures.  2351 to 2355 will be the levels to watch today – buyers will become braver if they can maintain these levels.  Technical price support levels sit…

Echo Chamber: Why The Market’s Optimism Is Misplaced… Again

Echo Chamber Since the U.S. economic recovery from the 2008 financial crisis, institutional economists began each subsequent year outlining their well-paid view of how things will transpire over the course of the coming 12-months. Like a broken record, they have continually over-estimated expectations for growth, inflation, consumer spending and capital…

Stock Market Update: Sector Rotation Accelerates

The broad markets remain at elevated levels as rotation begins to accelerate out of some recent high flyer sectors. The Financials Sector (NYSEARCA:XLF) and Healthcare Sector (NYSEARCA:XLV) have been stellar performers since about early December of last year. Financials perhaps a bit earlier coinciding with the Presidential election. Both of these…

S&P 500 Futures Trading Outlook For March 22

Stock Market Considerations For March 22, 2017 Momentum selling aggravated a move downward below key weekly support levels. The S&P 500 (INDEXSP:.INX) is trying to bounce… Check the support levels in the commentary below and on the charts. Check out today’s economic calendar with a full rundown of releases. Note that the charts below…

Are Bonds Flashing A Warning Sign For Stocks?

What Does Fear Look Like? Typically, when markets move into a long-term risk-off phase, the conviction to own defensive-oriented bonds begins to increase relative to the conviction to own growth-oriented stocks. Since a picture is worth a thousand words, the chart below shows trends in bonds (20+ Year Treasury Bond…

Investor Optimism Fades From Peak: Are Stocks Vulnerable?

The rally in the equity markets stalled last week with the Dow Industrials and S&P 500 (INDEXSP:.INX) basically flat for the period while the NASDAQ (INDEXNASDAQ:.IXIC) showed a fractional gain. The relatively weak performance was surprising given that stocks had good support from economic data that included a report showing…