Daily State Of The Markets: Next Move: Blow-Off Or Blow Up? - Seeking Alpha
This is an outstanding article by David Moenning which illustrates that we are probably at a stock market top. David presented a triple top S&P 500, Dow and Russell bear charts, and a lone Nasdaq chart that remains bullish. It looks like the year 2000 all over again. We definitely need to have our portfolios mostly in defensive stocks right now until we get more visibility about what might happen.
Saturday, February 22, 2014
Kevin Wilde's Instablog - Seeking Alpha
Kevin Wilde's Instablog - Seeking Alpha
Here are three short articles by Kevin Wilde that underscore the reason why we should be both long and short in the stock market right now. The most dramatic article is the first one where Kevin shows that our current stock market path is closely following the 1929 stock market crash. He even includes March 2014 dates indicating where the Dow Index will be numerically if the 2014 chart pattern continues to follow the 1929 crash. This is a situation that definitely needs to be monitored.
Here are three short articles by Kevin Wilde that underscore the reason why we should be both long and short in the stock market right now. The most dramatic article is the first one where Kevin shows that our current stock market path is closely following the 1929 stock market crash. He even includes March 2014 dates indicating where the Dow Index will be numerically if the 2014 chart pattern continues to follow the 1929 crash. This is a situation that definitely needs to be monitored.
Financial Crisis Early Warning System [SPDR S&P 500 ETF Trust, iShares MSCI Brazil Index (ETF), WisdomTree India Earnings Fund (ETF), Market Vectors Indonesia Index Etf, iShares MSCI South Africa Index (ETF)] - Seeking Alpha
Financial Crisis Early Warning System [SPDR S&P 500 ETF Trust, iShares MSCI Brazil Index (ETF), WisdomTree India Earnings Fund (ETF), Market Vectors Indonesia Index Etf, iShares MSCI South Africa Index (ETF)] - Seeking Alpha
This is a great article by Eric Parnell about watching foreign bond markets for clues about when the U.S. stock market might have another pullback. Since we now have a global economy, it does indeed matter if other nations default on their debts. Think back to the stock market volatility of the past when Greece, Spain, and Italy were in the news about their debt problems. Eric suggested monitoring two foreign bond funds, EMB and PCY, as an early warning signal for a decline in stocks. When EMB and PCY go down in price, the S&P 500 will likely follow.
This is a great article by Eric Parnell about watching foreign bond markets for clues about when the U.S. stock market might have another pullback. Since we now have a global economy, it does indeed matter if other nations default on their debts. Think back to the stock market volatility of the past when Greece, Spain, and Italy were in the news about their debt problems. Eric suggested monitoring two foreign bond funds, EMB and PCY, as an early warning signal for a decline in stocks. When EMB and PCY go down in price, the S&P 500 will likely follow.
Friday, February 21, 2014
Stock Bears Have Made Little Headway Thus Far [SPDR S&P 500 ETF Trust] - Seeking Alpha
Stock Bears Have Made Little Headway Thus Far [SPDR S&P 500 ETF Trust] - Seeking Alpha
Chris Ciovacco has written another excellent article about whether we should be in or out of the stock market. I have both bullish and bearish positions just like Chris. The author makes it plain, though, that the trend is presently bullish in spite of the general indexes not making new highs. His exponential moving average chart is great in presenting the bull case, and his XLP, staples, chart compared to the S&P 500 also says the same thing. The biggest bear point that I can think of right now is the negative economic reading from the Philly Fed recently. Usually, the nationwide ISM economic report follows whatever the Philly Fed does, and this means we are in for some more negative news probably in the next ten days. So, the smart strategy is to hold both bull and bear positions and take profits when you have them.
Chris Ciovacco has written another excellent article about whether we should be in or out of the stock market. I have both bullish and bearish positions just like Chris. The author makes it plain, though, that the trend is presently bullish in spite of the general indexes not making new highs. His exponential moving average chart is great in presenting the bull case, and his XLP, staples, chart compared to the S&P 500 also says the same thing. The biggest bear point that I can think of right now is the negative economic reading from the Philly Fed recently. Usually, the nationwide ISM economic report follows whatever the Philly Fed does, and this means we are in for some more negative news probably in the next ten days. So, the smart strategy is to hold both bull and bear positions and take profits when you have them.
BlackPearl Is A Compelling Low-Risk, High-Reward Story - Seeking Alpha
BlackPearl Is A Compelling Low-Risk, High-Reward Story - Seeking Alpha
Here is an outstanding article about Black Pearl, a Canadian oil company. The company is fundamentally sound, and its new and continuing projects clearly put it in multi-bagger status. As the author mentioned, the technical chart aspects of the company are also good with a recent golden cross signal. I plan to buy shares of the company on Monday, and I will be adding to my position at various times also.
Here is an outstanding article about Black Pearl, a Canadian oil company. The company is fundamentally sound, and its new and continuing projects clearly put it in multi-bagger status. As the author mentioned, the technical chart aspects of the company are also good with a recent golden cross signal. I plan to buy shares of the company on Monday, and I will be adding to my position at various times also.
Here's Why Intelligent Investors Are Avoiding Stocks Right Now | Jesse Felder
Here's Why Intelligent Investors Are Avoiding Stocks Right Now | Jesse Felder
This is a very good article along with charts by Jesse Felder about why we are probably at a stock market top. The market may not fall hard right away in 2014, but we are probably in for at least a few times of volatility and draw-downs like we saw in January and the first part of February. TVIX, the leveraged volatility ETF, is cheap whenever it is $7 or below, and it can easily spike to over $10 per share when the stock market just pulls back a mere 6%.
This is a very good article along with charts by Jesse Felder about why we are probably at a stock market top. The market may not fall hard right away in 2014, but we are probably in for at least a few times of volatility and draw-downs like we saw in January and the first part of February. TVIX, the leveraged volatility ETF, is cheap whenever it is $7 or below, and it can easily spike to over $10 per share when the stock market just pulls back a mere 6%.
Wednesday, February 19, 2014
Wall St. falls after Fed minutes; Facebook drops late: Thomson Reuters Business News - MSN Money
Wall St. falls after Fed minutes; Facebook drops late: Thomson Reuters Business News - MSN Money
Here is an update on where the stock market might be headed in the immediate future and why. Housing starts are down dramatically, and the economy's health depends on strong housing statistics. The Federal Reserve is not offering much assurance in the face of a weakening economy. So, there is not enough good news to send the stock market higher. It may be an excellent time to load up on TVIX, the leveraged volatility index ETF.
Here is an update on where the stock market might be headed in the immediate future and why. Housing starts are down dramatically, and the economy's health depends on strong housing statistics. The Federal Reserve is not offering much assurance in the face of a weakening economy. So, there is not enough good news to send the stock market higher. It may be an excellent time to load up on TVIX, the leveraged volatility index ETF.
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