I would like to start posting this series of my market expectations, but at this point, I am not sure how consistent I will be able to be in publishing this series. My intent to publish the charts below is to show where the market may go during the day in relation to my weekly Continue reading →
Posts Tagged With 'SPX'
SPX in unique chance to end extremely high next week
Last Friday was a significant trading day. At first, the stock market was falling on Friday morning making the recent breakout a false one. The market was returning back to the sideways channel. Later during the day it recovered a bit, but still continued sideways. At 10:30 am the market started going up and created Continue reading →
Is S&P 500 going to crash this year?
In recent months we kept reading in media that the market crash or major correction is imminent. Many people believe and preach it. Many websites having polls installed indicate bearishness. Many advisers advocate cautious and moving money into cash. Are you also concerned about the market crashing this year? There are two factors which may Continue reading →
S&P 500 futures collapsed. If it doesn’t recover by tomorrow, markets will open down.
The news came in. Greece refused to apply for a bailout plan extension considering it “unacceptable”. This is sending dollar higher against Euro and S&P 500 futures just collapsed from last Friday’s new all-time high: Although there is still plenty of time for the futures to recover (until tomorrow morning when the US markets open) Continue reading →
Market outlook for the next week
On Monday markets will be closed due to President Day observation. For this week we will see a short trading. However, the most important trading happened last week. In my previous market outlook post I wrote about two patterns the market was about to attack – a wedge pattern and sideways channel. Last week, the Continue reading →
What to expect from SPX next week?
I am not trying to predict where the market would go next week. I simply do not know it and I am as clueless as everyone else. Will the market shoot up next week or will it fail and fall again? If I cannot predict the market, I would like to at least establish a Continue reading →
SPX still volatile and weak. Will the selling end or continue?
The SPX futures were able to recover before market opening so the markets opened slightly up this morning. Yet, it quickly dropped down to 1980 level where bulls took over and move the market back up to 2010 level. Very impressive run which could fool many bulls into thinking that selling is over. Super 8 Continue reading →
Futures indicate very weak opening tomorrow morning
If you are already frustrated by two weak months we just passed (December 2014 and January 2015) it looks like we are going to see February 2015 as bad as January was. Futures are already trading at a steep discount indicating S&P 500 down -1.45% -29.35. If this drop continues until tomorrow morning, we may Continue reading →
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