Sign inRecent Commentaries tagged (s-p-500)
Check Out This Major Move in the S&P 500
Source: VantagePoint Intermarket Analysis SoftwareTo see more FREE recent market predictions for 70+ markets go here! The market went up by 60.20 points. 60.20 points = $15,050 USD per contract (only 19 trading days) Blue line(proprietary leading indicator) crossing above the black line...
Chart Presentation: The Goldman Comparison
The Fed raised the discount rate 1/4% as we were midway through setting up today’s issue. Given that we already had all of our topics and charts ready to go we won’t make any adjustments. The initial reaction by the markets, however, was negative for bonds and equities and positive for the...
Weekly Top 10 ETF Rankings - February 5, 2010
4-Year Outperformance by the Top 10 Exchange Traded Funds Weekly Rankings of Major Trend Relative Strength My weekly Top 10 ETFs ranked by the Major Trend Relative Strength outperformed the S&P 500 by 92 percentage points since August, 2004, in simulation. Click here for a graph of simulated...
S&P 500, NASDAQ break price, volume trend lines
January 26, 2010: The S&P 500 and NASDAQ 100 have broken their long term price and volume trends that began back in March 2009. Dow broke its price trend but not the volume trend. We will look at the exchange traded funds (ETFs) of three indicies which are SPY (for S&P 500), QQQQ (for NASDAQ...
S&P 500 Due for a Pullback?
Just a reminder, these charts are posted as examples of the trades on the nightly COT Signals email. These trades will help illustrate the mechanics that go into creating the nightly email.This morning's example is a sell signal in the S&P 500. First of all, we negative commercial momentum....
Stock Market: a persistent uptrend. S&P 500 rose 6 consecutive days.
Stock Market: a persistent uptrend. S&P 500 rose 6 consecutive days. Industrials led the way. Industrial Stock Sector Relative Strength Ratio (XLI/SPY) rose above the highs of the previous 11-months on 1/11/10. XLI/SPY remains above rising 50-day and 200-day simple moving averages. Absolute...
Daily Stock Market Update
Stock Market: “The most bullish thing a market can do is to go up.”—an old Wall Street adage. S&P 500 Composite rose further above highs of the previous 15 months on 1/7/10. It has gone up 4 days in a row, up 11 of the past 13 trading days, and up 9 of the past 10 months. It is a persistent bull...
Daily Stock Market Update
Stock Market: signs of technical trend strength are widespread. S&P 500 Composite rose above highs of the previous 15 months on 1/6/10. Materials Stock Sector Relative Strength Ratio (XLB/SPY) broke out above 15-week highs on 1/6/10. XLB/SPY remains above its 50- and 200-day simple moving...
Daily Stock Market Update
Stock Market: rose above highs of the previous 15 months. S&P 500 and NASDAQ Composites both rose above their highs of the previous 15 months on 1/5/10. Materials Stock Sector Relative Strength Ratio (XLB/SPY) rose above 4-week highs on 1/5/10. XLB/SPY is above its 50- and 200-day simple moving...
Daily Stock Market Update
Stock Market: Seasonal Tendencies are Bullish. Next update Monday morning 12/28/09. Wishing you a Happy Holiday! The short-term trend for the general market has been firming modestly in recent days. According to Seasonal Tendencies, this mild upward bias might continue in days ahead. While...
Daily Stock Market Update
Stock Market: consolidation. S&P 500 has continued to consolidate gains since its intraday peak at 1,119.13 on 12/4/09. The first resistance is at 1,119.13. Support is at 1,083.74, the low of 11/27/09. The main trend remains upward. But the market has lost momentum. Price momentum indicators...
Chart Presentation: The Decade Trend
We noticed many years ago that the markets were working through similar trends over the course of the decade. Cyclical asset price peaks were being made in the ‘0’ year (1980, 1990, 2000), correction lows were being reached in the ‘2’ year, (1982, 1992, 2002), mid-cycle corrections in the ‘4’...
Daily Stock Market Update
Stock Market: Dow Theory again confirmed a Primary Tide Bull Market. The Dow Theory again confirmed a Primary Tide Bull Market on 12/14/09, when both the Dow-Jones Industrial Average and the Dow-Jones Transportation Average closed above their closing price highs of the previous 14 months. The...
Daily Stock Market Update
Stock Market: outside day reversal. S&P 500 rose above 2009 highs in the first half hour but reversed to close below Wednesday’s low. Volume rose to confirm the downside reversal. Momentum indicators continue to diverge bearishly. Consumer Discretionary Stock Sector Relative Strength Ratio...
Daily Stock Market Update
Stock Market: movement toward risk aversion noted. S&P 500 index fell to its lowest level in nearly 3 weeks, thereby signaling a short-term downtrend. Other indexes and price momentum indicators confirmed the short-term downtrend. The S&P 500 remains above rising 50- and 200-day simple moving...
