Tag "stock market indicators"

S&P 500 Trading Update: Into Thin Air

S&P 500 Trading Outlook (2-3 Days):  Watching for signs of price reversals from gains on Friday and into Monday. The S&P 500 Index (INDEXSP:.INX) held where they needed to Thursday morning allowing for another rally to take shape. The budget resolution pass resulted in treasury yields spiking while S&P 500 futures (ES)…

Chart Spotlight: S&P 100 Index (OEX) At Major Price Resistance

The S&P 100 Index (INDEXSP:SP100) touched its Yearly Yr2 Pivot around 1133 on Wednesday… and its testing it yet again today (at the time of this writing, it’s at 1133.40). What’s so special about the Yearly Yr2 pivot? Well, it usually produces a market pullback or correction. For more on…

Trading Day Classifications and the Prospects for a Year-End Rally

Much is made regarding price action and day type classification. To keep things simple, let’s consider four possible day type classifications for this article. We can have: Inside range Outside range Up range Down range These are all pretty self-explanatory and are simply defined by comparing the current day’s (or…

Stock Market Trading Update: Signs Of A Top

Wednesday was an interesting day in the financial markets, to say the least. While the Dow Jones Industrial Average (INDEXDJX:.DJI) was up solidly (0.7%), the NASDAQ 100 (INDEXNASDAQ:NDX) was down (0.13%). Despite the headline glitz of the Dow Jones smashing through 23K to new all-time highs, just 16 of the 30…

U.S. Equities Update: Stock Indicators and Market Drivers

The equity markets pushed higher last week with the S&P 500 (INDEXSP:.INX) and Dow Jones Industrials (INDEXDJX:.DJI) gaining about 50 basis points.  And early this week, it’s more of the same. More important, the broader stock market is gaining significant relative strength to suggest that any near-term weakness that might develop…

Low Rates / Inflation Provide Fundamental Tailwind For Stocks

  Lower Rates Longer When interest rates are low and economic data is improving, stocks and the S&P 500 (INDEXSP:.INX) typically get an added opportunity-cost boost relative to bonds. From The Wall Street Journal: “Leaders of the world’s largest central banks indicated that weak inflation in advanced economies could prolong the post-crisis…

U.S. Financial Market Update: Investors Embrace Rising Rates

Looking back over the past month or so, we’ve seen the Federal Reserve raise interest rates for the second time in a year, and Congress fail to repeal or replace Obamacare. The stock market could have interpreted both as negatives. However, instead of seeing rising interest rates as a threat…

Weekly Investor Sentiment Survey Points To Higher Volatility

This article reviews the data from the latest weekly sentiment survey I conduct over on Twitter. The survey measures respondents’ equity and bond positioning/view – differentiating between whether the view is bullish or bearish for technical or fundamental reasoning. The latest results showed a further decline in net bullishness on the equity survey, driven…

[VIDEO] Stock Market Update: Where The Big Money Is Made

The stock market continues to make new all-time highs and investors continue to scratch their heads. There’s plenty of room for a pullback, but the broader trend of the market is bullish and moving higher. Beyond that, it is our job to look at the macro picture and discuss the…

S&P 500 Weekly Outlook: Breadth Improving, Sentiment A Concern

In this week’s investing research outlook, I will analyze the current trend of the S&P 500 Index (INDEXSP:.INX), check in on market breadth and investor sentiment indicators, and discuss current themes and news that we are watching in the financial markets. Here’s a summary of our findings for the week ending October 13, 2017:…