Tag "stock market analysis"

Major Bear Market Indicator Back To neutral For Now…

Investors: Keep An Eye On The Credit Markets In a recent edition of the Weekly Macro Themes we looked at one indicator that has in the past served as a bear market warning for the S&P 500 (INDEXSP:.INX):  The Fed SLOOS (Senior Loan Officer Opinion Survey). Prior to the dot-com bust, and the…

Stock Market Futures Trading Outlook For February 21

S&P 500 Futures Market Considerations For February 21, 2017 ES_F– Bullish action still holds with higher support levels building today.  We have been trapped in a channel after reaching a new high in the Globex event (holiday yesterday).  Pullbacks on the S&P 500 (INDEXSP:.INX) will still be bought. Although the chart is not…

Stock Market Futures Weekly Outlook – February 20

THE BIG PICTURE  We’ve seen seven relentless trending weeks to the upside to start 2017.  And last week was par for the course – the S&P 500 (INDEXSP:.INX) and Nasdaq (INDEXNASDAQ:.IXIC) closed at new all-time highs. In all, it’s been 15 weeks of nothing but one direction in the major…

Investing Strategy Outlook: Cyclical Rally Gains Broad Support

S&P 500: The Path of Least Resistance Remains Higher The weight of the evidence suggests that the benefit of the doubt remains with the bullish case. This does not mean that the way forward will necessarily be smooth, but for now the path of least resistance remains higher. Stocks have been…

The Sure Thing: What Could Possibly Go Wrong For Investors?

The New England Patriots pulled off a stunning come-from-behind victory in Super Bowl LI, and one that was truly unprecedented in American football. Throughout modern NFL history, playoff teams that had a 19 point lead or greater in the fourth quarter, as the Atlanta Falcons did, were 93-0. A Patriots…

Stock Market Futures Trading Outlook For February 17

S&P 500 Futures Trading Considerations For February 17, 2017 Bullish action still holds but drifts into higher support should be ‘business as usual’. Pullbacks will still be bought – the chart is not exhibiting anything that suggests collapse. However, the S&P 500 (INDEXSP:.INX) are due for a test of support today…

Stock Market Mo-mo: Relative Strength Index Nears 7 Year Highs

The markets continue to make all-time highs leaving many wondering how long this can last. We went ahead and looked at various momentum indicators, including the 14 day relative strength index (RSI). Below is a chart of RSI readings on the S&P 500 (INDEXSP:.INX) since 2010. As you can see…

S&P 500 Futures Trading Outlook For February 16

Stock Market Considerations For February 16, 2017 A new high formed yesterday afternoon on the S&P 500 (INDEXSP:.INX) and it was not breached overnight.  Bullish action still holds but drifts into higher support should be ‘business as usual’ in this chart.  We remain resoundingly bullish, but monitoring position size here is…

Stock Market Update: Sell Signals Warn Of Trend Reversals

The market continues to push upwards, though with less breadth and magnitude than seen in recent days. Today, the S&P 500 (INDEXSP:.INX) is driving closer to 2350, and the Dow Jones Industrials (INDEXDJX:.DJI) 20,600. While the Media talked about indices scaling further into new highs territory (which was certainly true), though, prices…

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…