by Troy The S&P 500 is just under its 200 dma. Let’s determine the stock market’s most probable direction by objectively quantifying technical analysis. For reference, here’s the random probability of the U.S. stock market going up on any given day, week, …
by ogordained UNITED STATES Job openings missed expectations but remain near record highs (Actual 7,009 | Expected 7,085) High demand for health care workers is a big cause for this Inventory of unsold homes is at its highest rate since 2011 …
BY JOHN MAULDIN I’ve gotten a lot of questions lately about whether I think we are entering into a bear market. The honest answer is I don’t know. First, looking back in history, there are two types of bear markets: those …
by ogordained UNITED STATES The ISM Non-Manufacturing index reveals continued economic strength Jobs in professional services, health, and construction grew rapidly over the last 12 months New businesses are forming almost as fast as new jobs are being created Worry over new antitrust rules aimed at tech companies, coupled …
Josh Sigurdson talks with author and economic analyst John Sneisen about the crashing San Diego housing market as the bubble has been propped up to such an incredible pressure that we’re finally starting to see the resistance in the beautiful …
https://twitter.com/OccupyWisdom/status/1059860505723056128 WTI Crude Enters Bear Market – Plunges To 7-Month Lows WTI Crude futures are down 20% from their early October highs, with the front-month contract back to a $61 handle at its lowest level since April. As more details emerged …
by Chris Vermeulen of The Technical Traders With very strong US jobs data hitting the news wires this morning and an incredible upside price swing overnight because of expectations and hope of a US/China trade deal in the works, we were not surprised …
by Troy Midterm elections are here. Lots of trader and investors are talking about “if the Republicans/Democrats win/lose, the stock market will (insert random guess here). This “analysis” is no better than a coin toss. Nobody knows how the election will …
via @stephlandsman David Stockman warns a 40 percent stock market plunge is closing in on Wall Street. Stockman, who served as President Reagan’s Office of Management and Budget director, has long warned of a deep downturn that would shake Wall Street’s …
by ogordained Today marks the beginning of the five-day festival of Diwali, when Hindus worship Lakshmi, the goddess of wealth. It’s considered good fortune to buy gold UNITED STATES The jobs report released Friday beat expectations nicely (Actual 250 | Expected …
This article was originally published at Zero Hedge Stock buybacks may be back as blackout session ends, but suddenly companies’ appetite to repurchase their own shares appears to be slowing sharply. After an initial record surge in the amount of US …
by Troy The S&P 500 has made a correction and its bounce stalled at the 38.2% retracement. Here’s our long term, medium term, and short term outlook for the U.S. stock market. As U.S. stock market investors and traders, our …
by Lance Roberts This past Tuesday, I wrote “A Sellable Rally” in which I laid out the 4-reasons for a rally based on the psychological, fundamental, technical, and seasonal underpinnings. That rally came to fruition over the last few days. For us, …
by Troy The U.S. stock market’s daily volatility is high, with large intraday swings. Here’s the S&P 500. Let’s analyze the stock market’s price action by objectively quantifying technical analysis. For reference, here’s the random probability of the U.S. stock market going …
The stock market looked like it was going to continue it’s booming trend this week. Friday’s session was pushed down as Apple stock dropped heavily. The time of chasing growth might be over, along with the euphoria as investors are …
via Chris Mathhrews After a tumultuous October, investors are regaining their footing and counting on a safety net for stock values that may prove treacherous. One reason for renewed confidence has been that leading up to earnings releases, public companies …
From Bill Bonner, Editor, Bill Bonner’s Diary: POITOU, FRANCE – We came back to France to celebrate the Toussaint with friends and family. All Saints’ Day is still an important holiday in France. People go to church in the morning, clean the graves …
Home flippers flee market from CNBC. via CNBC: Flipping volume has been falling annually by double-digit percentages for three months. In California, where home prices are highest, flips were down a steeper 22 percent annually. Gross flipping returns in August …
https://twitter.com/OccupyWisdom/status/1058198222630469633 Buyback announcements in: Q1: $242bQ2: $437bQ3: $156b .. via @TrimTabsIR https://t.co/0sf7XqIeO8 — Carl Quintanilla (@carlquintanilla) November 2, 2018 3-month U.S. Libor rates have surged to a new post-crisis high, of 2.54%, more than double where it was last year. …
by ogordained UNITED STATES The ISM Manufacturing Purchasing Managers Index for October shows activity to be slowing slightly New orders and export orders both slowed A strong dollar is making our exports more expensive Auto sales improved a smidge but rising interest rates may be a drag on future …
by Nomi Prins via Daily Reckoning It’s a good thing October is coming to an end. It’s been a particularly lousy month for the markets. October has seen about $5 trillion in value erased from global markets. Reasons for that sell-off range from …
by Dana Lyons Global equity markets are testing levels potentially critical to the survival of the bull market. As this stock market correction progresses, it is natural to consider what levels may be effective in halting the decline. We have recently …
by Dennis Miller Can the Fed cause a market crash? In 2017 Fed Chair Janet Yellen reassured us: “Would I say there will never, ever be another financial crisis? …. That would be going too far but I do think we’re much safer …
Wow –> is today just a repeat of the Dotcom bust?? pic.twitter.com/v3XJC39nRQ — Alastair (@StockBoardAsset) October 31, 2018 https://twitter.com/hks55/status/1058021998570455040 You have a tightening of monetary conditions around the world, a slowdown in Chinese demand, and financial market turmoil that affects …
by Troy The U.S. stock market rallied today but faced resistance at its 38.2% retracement (38.2% retracement is the minimum requirement for a bounce). Let’s analyze the stock market’s price action by objectively quantifying technical analysis. For the sake of …
by ogordained UNITED STATES Job growth continues to exceed expectations as shown by the ADP Private Employment report (Actual 227 | Expected 187) Cost of Employment is going up, a sign of wage growth The service sector is outpacing goods-producing sectors And despite a …
by Mac Slavo of SHTFplan The so-called “Godfather” of market chart analysis said that the damage already done to the stock market is much worse than most people are talking about. Ralph Acampora, a prominent market technician, says the stock market is in bad …
Mac Slavo October 31st, 2018 SHTFplan.com The so-called “Godfather” of market chart analysis said that the damage already done to the stock market is much worse than most people are talking about. Ralph Acampora, a prominent market technician, says the stock …
by Jesse Colombo As seen on Forbes by RealInvestmentAdvice.com’s Jesse Colombo: “Is A Long-Term Top Forming In The Market“: Back in February, during the last market correction, I wrote a blog post called “3 Ways This Market Correction May Play Out” …
by ogordained Happy Birthday Bitcoin, born on October 31, 2018 in the midst of the financial meltdown, bitcoin turns 10 years old today. 🎈 UNITED STATES The Conference Board’s measure of consumer confidence hit its highest level in 18 years It also reveals …