Tag Archives: weekly cycle bottom

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 ...

We Are Closer to a Short Term Bottom

The recent selloff has been absolutely brutal.  The market has gone into a sharp selloff that is very similar to the previous selloff in velocity and magnitude in October 2007.  From 10/12/2007 to 1/25/2008 during a 15-week period, the S&P 500 declined from 1576 to 1270, a 19.41% decline.

Read more ...

New Investing Theme

Rising interest rates, strong dollar and trade war concerns are the fundamental reasons that made investors very hesitant to put money back into the market.  The hesitation showed up in the price action as sideways consolidation for the last four months.  

Read more ...

Year End Strategy

We at Pricentime.com run daily, weekly and monthly scanners to search for stocks that are ready to take off. The focus of the search is the study of price and volume information in the given stocks to predict pending movements. We also scan unusual options activities to find winners. 

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

Read more ...

S&P 500 Cash Index Cycle Location

pricentime

The indices had a selloff today.  Nasdaq was the weakest among all three major indices.  The only sector winning was XLF, the banking & financials sector.  The selloff was not as severe to start to initiate short positions as the markets have been so strong that the shorts have lost a lot of money.  But a correction has been long over due

Read more ...