Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter And some of the rot is oozing to the surface. The sell-off on Tuesday didn’t weigh on the scale of sell-offs: The Dow, the S&P 500, and the Nasdaq were down only around 0.5%, give or take a …
by Michael Snyder October 2018 is turning out to be a lot like October 2008. The S&P 500 has now fallen for 12 of the last 14 trading days, and it is on pace for its worst October since the …
via Shawn Langlois So, you must positioning yourself for that tasty bounce we’ve grown accustomed to over the course of this stubborn bull market. Well, don’t, warns J.C. Parets, the technical analyst behind the All Star Charts blog. “There is unlimited downside …
https://twitter.com/OccupyWisdom/status/1054837215963086850 https://twitter.com/OccupyWisdom/status/1054839661535944704 https://twitter.com/OccupyWisdom/status/1054843621357355013 While #earnings #growth is still high at 22 percent so far this quarter, the amount by which S&P 500 index companies are beating analyst estimates is nearly half of what it was during the first quarter, according …
by Jim Rickards via Daily Reckoning Here’s the lay of the land. The Senate is currently divided between 51 Republicans and 49 Democrats (including two Independents who caucus with the Democrats). A change of two seats in favor of the Democrats will give …
by ogordained AMERICA The steep drop in homebuilders share prices suggests disappointing housing data is going to continue Homebuyer sentiment points to lower sales as the price of lumber falls An NFIB survey indicates US labor force participation should continue to improve moving forward US goods exported …
by kCinvest These are the most common causes for bubbles to be sustained: Disinflation (rising equity prices on falling inflation) Easy credit & low interest rates Real broad MZN growth acceleration (liquidity trade) Behavioural finance (herd mentaility, overreaction to good news) …
from Financial Survival Network Ned Schmidt‘s thinking that gold and silver have put in their cycle lows. Now they’re out performing the stock market, which he was expecting. Will this be gold’s moment in the spotlight? Perhaps. Ned’s also bullish on …
From the Los Angeles Times: If something cannot go on forever,” the economist Herbert Stein famously wrote, “it will stop.” Stein’s Law, as that dictum and its variations have come to be known, originally referred to ever-widening budget deficits, though quickly expanded …
by Troy The S&P 500 is crawling along its 200 day moving average. As a result, some investors and traders are wondering if this will be the first decisive breakdown below the 200 dma for the first time in almost 3 …
https://www.businessinsider.com.au/why-chinese-stocks-have-crashed-in-2018-2018-10 Chinese stocks have lost more than 30% of their value since the start of 2018. Fears of a slowing economy, rising debts and the impact of US President Donald Trump’s trade war have all played a role in pushing …
by Kimble Charting Over the past several weeks, I’ve shared several examples of key stock market indexes and indicators hitting long-term resistance. Today, we’ll do the same… but with a much wider lens. We’ll look at 9 different stock market indexes in …
by Lance Roberts Clinging To Support Tops Are Processes – A Review Actions To Take Next Week Sector & Market Analysis 401k Plan Manager Follow Us On: Twitter, Facebook, Linked-In, Sound Cloud, Seeking Alpha Clinging To Support Over the last couple of weeks, as interest …
via @KimbleCharting Just over 3 weeks ago, I shared a chart looking at the divergence that has been brewing under the surface of the S&P 500 (NYSEARCA:SPY). Since that post, the S&P 500 finds itself in a deep pullback, with other key stock market indices …
by Troy Our U.S. stock market outlook is simple: This is still a bull market, which probably has almost less than 1 year left. Fundamentals continue to favor the bull market and the Medium-Long Term Modelremains bullish. The medium term is bullish. This …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Forget the hype about a shortage of supply. In its report today on existing-home sales in September – they fell by 4.1% from a year ago to the lowest level since November 2015 — the National Association …
by monkeysinthesky David Rosenberg thinks this bull market is a sham. In his Wednesday interview with CNBC’s “Trading Nation,” he warned that this record-breaking bull market (it’s the longest in history as of August) paired with the weakest economic expansion of all …
by Chris I see this as obvious attempts by TPTB to blunt any selling and maybe even ignite the “animal spirits” (an odd thing to call software programs internal parameter settings, but there you have it) to get things moving …
by Troy Over the past 2 days I’ve been demonstrating quantitative studies about why the U.S. stock market will probably retest its lows (here and here). The retest wave is happening right now. With that being said, here’s why the retest wave …
by Michael Snyder We haven’t had an October like this in a very long time. The Dow Jones Industrial Average was down another 327 points on Thursday, and overall the Dow is now down close to 1,500 points from the …
by Charles Hugh-Smith The key here is the gains generated by owning US-denominated assets as the USD appreciates. Is the Greatest Bull Market Ever finally ending? One straightforward approach to is to follow the money, i.e. global capital flows: assets that attract …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Bigger issues than propping up the stock market beckon. Today, the Shanghai Composite Index dropped another 2.9% to 2,486.42. In the bigger picture, that’s quite an accomplishment: Lowest since November 27, 2014, nearly four years ago …
https://i.imgur.com/trYzI90.png Above is a quick chart of the returns of $SPY, $EEM, and $EFA, using Portfolio Visualizer. It’s just mind-boggling that the equity prices of the emerging markets could shoot thru the roof in the 2000s while that of the …
by Troy More than 1 month ago I explained my main long term worry for the U.S. stock market: The economy & the stock market move in the same direction in the medium-long term. Key economic indicators tend to deteriorate BEFORE bull …
Alan Greenspan, former Federal Reserve chairman Adam Jeffery | CNBC Alan Greenspan, former Federal Reserve chairman Former Federal Reserve Chairman Alan Greenspan told CNBC on Thursday the United States currently has the tightest labor market he’s ever seen. IF I WERE …
The Daily Gold, Released on 10/17/18 Jordan Roy-Byrne, Founder of The Daily Gold joins me today to address the relative strength of the move up in gold and gold stocks. He shares some of the minimum upside targets he expects …
Do you think the Fed will raise interest rates 1 more time in 2018? There are several ways to look at housing to be able to determine the direction prices will go. We can simply look at the price index …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter During the stock market selloff last week, I appeared on “Off the Cuff” with Chris Martenson of PeakProsperity.com. While I’m a fairly regular guest on Off the Cuff — thank you, Chris! — these podcasts are normally reserved …
https://twitter.com/OccupyWisdom/status/1052517674557816833 … high debt levels of American corporations @SoberLook h/t @ennovance @DiMartinoBooth @lcdnews pic.twitter.com/67XojJWZwt — Mo Hossain (@MoHossain) October 17, 2018
History Says Market Sell-Off Isn’t over and This Drop Will Be Sharper Stocks could see another swoosh before the market is able to build on, or even hold, this week’s gains. The S&P 500 is about half way back from …