MARKETWATCH ARTICLE: Why the stock market is nowhere near a bottom ??
Strategist sees S&P 500 tumbling to as low as 1,275 before a bull market can resume
Lori calvasina: market bottom not here yet
This is not what bottoms smell like, people aren't concerned enough: RBC Capital Markets' Calvasina
HOW LOW DO WE GO???????- MARCH 2, 2020
Wall Street expects that the Corona virus is going to impact the SPX earnings significantly and thus the Price Targets have been lowered. Markets have sold off massively due to a sudden realization by the 'big money' that the earnings will be signficantly...
Is The Correction Over?
ARE YOU FEELING SCARED? If you are, that's ok. It's just normal reaction. Let's try to understand the reasons for this correction. This correction was due already for a number of technical reasons. For example, look at the divergence in Price Action and Money Flow....
Are We Hitting The Top? TIK TOK?
RSI is constantly hitting new highs on major indexes such as S&P 500, NASDAQ RSI for S&P 500 just touched 79. Expect trouble soon if and when it reaches 80+ levels. VIX: Volatility Index reached as high as 16 on January 24. This means excessive...
BIOTECH SECTOR BREAOUT: WATCH OUT IBB
BIOTECH SECTOR HAS SEEN STRONG INFLOWS THIS YEAR ALREADY. Chart of ETF: IBB shows the money flow in this sector. Please pay attention to the money flow. This ETF has broken above the trend line dating back to 2015. From 2010 to 2015, the ETF grew almost 400%, rising...
MARKET SELL OFF: INVERTED YIELD/ TRADE WAR: WHO TO BLAME?
Bond market is signalling 'Recession' as the yield curve has inverted. For the less informed, it means that the interest rate yield for 10 year (long term) bonds has fallen below interest rate on 2 year (short term) bonds. S & P 500 reached above 300 before...
2019: Does The Sell-Off Still Continue?
WOW!!! Not too long ago, we mentioned in the article here. We did not expect it to happen so early. We mentioned earlier "it is not such a wild idea in the current environment that we will fall right to 200 weekly average...We also noted that we are so oversold now...