Posts Tagged by s&p 500 analysis
Stock Market Outlook for May 2011
| May 9, 2011 | Posted by admin under Stocks & Stock Market Analysis |
The daily chart shows the trend is still strong and it now appears we are likely going to have another leg higher into 1400-1410. The multiple trendlines (turquoise) represent the much broader trend and the likely pullback points in the event of a reversal. Only the top two deserve any attention at the moment. Near the top of the…
Stock Market Inches Higher as Financials Struggle
| October 17, 2010 | Posted by admin under Stocks & Stock Market Analysis |
The stock market put in a small gain this week with the S&P 500 closing out the week at 1176.19. The short-term target was hit at 1180 during the week. If the market can continue to advance beyond recent highs at 1184.38 then the larger chart formation target remains in place - 1220. Interesting to…
Stock Market pulling it together…to the upside?
| September 25, 2010 | Posted by admin under Stocks & Stock Market Analysis |
Last weekend and in the mid-week update I posted that until the broad market joins in on the push through resistance seen on the S&P 500 and Dow Jones Industrial Average (DJIA), any rally would likely be short lived. IWM, the Russell 2000 ETF, is now nearing resistance. It has not broken it as the…
Price action and volume not indicating trends…yet
| September 18, 2010 | Posted by admin under Stocks & Stock Market Analysis |
I just realized I didn’t post all week. When it comes to stocks (currencies had a very interesting week) this is not suprising. It was a ho-hum type of week which resulted in exactly what I discussed last week – ranging activity. The major index continue to sit below major resistance levels, although they did edge…
Stock indexes not in sync means…
| September 13, 2010 | Posted by admin under Stocks & Stock Market Analysis |
One month ago today I posted on the diverging indexes (http://vantagepointtrading.com/archives/3672) and what “could be the seedling of the downturn to come.” August did see a sell off, although not a major trend lower. September has been resilient as we push towards upper range bands on a couple indexes. Yet once again we have a divergence in the…
Revolting Volume Continues in Equities
| August 10, 2010 | Posted by admin under Stocks & Stock Market Analysis |
It is barely worth trading; another sickening low volume day in equities. Futures traders complained that it was “one of the slowest afternoons they can remember”. Maybe a bit of an exaggeration (maybe not) but still, SPY did its lowest volume in about 5 months. Of course the market opened higher and basically stayed there…
S&P 500 – Battle Royale
| July 23, 2010 | Posted by admin under Intro to Trading, Stocks & Stock Market Analysis, Techncial Analysis Tutorials |
Any trader in the market right now has seen dramatic moves intra-day. While investors may not typically be too concerned about intra-day movements, those large swings show just what kind of battle is being waged each day in this market. The market is see-sawing, but is approaching an important level – this level could sway…
Stock Market: Can You Say Choppy!
| June 26, 2010 | Posted by admin under Stocks & Stock Market Analysis |
If you watch the financial news, you have likely heard that many market participants are frustrated with the markets at the moment. The market at the moment is range bound in a longer term downtrend. Volume has leaned towards the light side as well. The range is not clearly defined, and the easy way to…
Stock Market Gyrates on Low Volume
| June 12, 2010 | Posted by admin under Stocks & Stock Market Analysis |
The end of the week saw Thursday and Friday strong but on very low volume. A sign of buying weakness or just the start of summer? Ultimately this will be revealed by where price goes and the levels that need to be watched. The rally through the early part of the year was also on…
Stock Market: One of the Most Volatile Months In History
| May 29, 2010 | Posted by admin under Stocks & Stock Market Analysis |
Another volatile week for stocks. Traders simply did not want to put out large orders for fear of getting run over. But, introduce fear (from longs and shorts) in thin liquidity and price levels have a tendency to “overshoot”. Prices are taken to extremes and then snap back like an elastic – in both directions.…
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