Tag Archives: daily cycle

Earnings Panacea Is Needed to Break The Trend

Last Monday the market, especially the NASDAQ had a mini crash due to the facebook whistleblower news.  However, the market stabilized on Tuesday with the very negative facebook whistleblower congressional hearing in the backdrop.  The market internal strength is incredible, it is very hard for short sellers to

You need to be logged in to view the rest of the content. Please . Not a Member? Join Us

Read more ...

In Wait and See Mode

Since the NASDAQ found the bottom around 10500 level, it bounced anemically last week.  All three indices managed to produce a weekly gain last week.  But the cycle indicators are not presenting a picture of a finished bottom, meaning the bounce from the support level is a mechanism of trading, rather than investors initiating new positions.

Read more ...

What’s Next? Dark Cloud?

The trade war phase one deal was done, and the UK election was also done with precise victory for the Brexit party.  It seems like the coast is clear for the stocks market to march higher.  In our previous blog we have said that the present rally will last at least until mid January 2020. Based on the price action from last week,

Read more ...

S&P Cash Index Cycle Location 02/08/2019

Finally the index went points close to the 200-day moving average, but it had a very mild reaction, there is no forceful selling, period.  The mood of the streets is “under invested”, meaning the majority missed the bulk of the rally, either the longs got out too soon, or the bears shorted too soon.

Read more ...

The DOW Index Cycle Location 01/25/2019

The financials were the first group to report earnings, then it followed by the semiconductor stocks.  The market responded positively to both groups, except for some losers due to their company specific issues in each group.  The financials and semiconductors were the laggers since early 2018, now they have turned into market leaders.

Read more ...

Cycle Forecast

New Post Alerts


FREE! Subscribe today! Enter your email above to join our New Post Alerts.

Blog Categories

Price and Time Logo