Stocks Look Shaky Before FOMC Meeting June 2013:
Stocks are hitting resistance levels in a much more volatile week than most traders expected. Many market participants are hedging just in case Ben Bernanke uses the “T word” tomorrow, but how can Bernanke mention tapering as opposed to possibly expanding QE?
Chairman Bernanke has [...]
Posts in category Technical Analysis
S&P 500 Technical Analysis Updat...
Stocks Look Shaky Before FOMC Meeting June 2013:
Stocks are hitting resistance levels in a much more volatile week than most traders expected. Many market participants are hedging just in case Ben Bernanke uses the “T word” tomorrow, but how can Bernanke mention tapering as opposed to possibly expanding QE?
Chairman Bernanke has [...]
Yes. Volatility Is Rising!
Now everyone is talking volatility:
A few weeks ago we posed the question… “Is May 2013 Equity Volatility Rising?” see (May 20, 2013). This was when the market was on a tear and most analysis we saw weren’t considering the possible impact of a steady increase in volatility. Now, volatility seems to be a mainstream wo [...]
TLT Bond Bubble Prediction Update And...
TLT Technical Analysis Update- Is The Bond Bubble Bursting?
Yes. A few months ago we updated our technical analysis notes telling our readers a bond bubble had formed that was on the break of busting. This was at a time when people were saying equity buyers were part of an occult and as the stock market rising- we decided to keep focused on [...]
Sell In May And Go Away Fails Again I...
S&P 500 Closes In On New Highs After Inside Outside Gap Up Day:
Stocks hit our resistance levels and show no clear advantage to sellers or buyers. Short- term trends could favor buyers on dips but there are some reasons to look more carefully at intermediate trends. Key stocks that made gains all year are hitting resistance levels.
We a [...]
Is May 2013 Equity Volatility Rising?
Equities Flip-Flop As Trading Sentiment Turns Shaky:
Stocks flipped-flopped ending the day with modest losses as traders changed sentiment from positive to negative several times. The Dow changed from up 30 to down negative 30 in the current extended rally that hasn’t had much of a correction.
Our technical analysis chart/relative stren [...]
Technical Analysis Note May 2013: Are...
Did Siegel Low-Ball It?
The stock market is on a tear with several sectors rising. Asian stocks were up big today with Malaysian stocks after election results lifted sentiment with volume was up 2000 percent from the 30 day moving average. Globally, there may be a shifting tide towards growth and risk. The S&P 500 needs to move a few [...]
S&P 500 Hits 1,600, Dow Crosses ...
Will The Bulls Remain In Control?
The stock market soared after the latest employment numbers were released today. Most economists and traders, including ToryCapital.com missed the unemployment number for April. The jobs number was far more than what we were expecting at 63,000 and the number came in over our highest estimate of 88,000 wit [...]
Initial Jobless Claims Fall 5.3% To 3...
The Jobs Number Tomorrow Could Set Tone For “Sell In May?….”
Initial jobless claims fell to a seasonally adjusted 324,000 for the week ending April 27, according to a Labor Department. Claims for jobless benefits fell 5.3 percent after dropping 2.8 percent in the prior week and most economists were expecting an increase to [...]
Dow Falls 120 Points In 1 Minute Afte...
Associated Press Tweet Causes Flash Crash, Rattles Markets:
The Dow Jones Industrial Average fell precipitously after a tweet from the Associated Press claimed the White House had been attacked and that President Obama was hurt. The tweet occurred at 1:07 pm and at 1:16 pm, AP confirmed the account had been hacked at a White House Press brie [...]
Technical Analysis Chart – S�...
S&P 500 Rangebound.
The S&P 500 bounced off of levels that were considered near term support after a tumultuous headline filled week due to the Boston Marathon bombers and worries about public safety. Equities rebounded after the bomb suspects had been accounted for and follow through today was a positive sign for stock market bulls [...]
