Source: Kimble Charting Solutions Blog » Broad market might want/need Crude Oil to breakout here!
Archive for the ‘Stock market’ Category
Up, up and away for the stock market?
13
Jul
“They say that good things come to those who wait — and that couldn’t be truer for the bulls on Wall Street, according to one technical analyst.”
Source: A ‘very rare’ signal could send stocks to 2,400, says BofA
Is the stock market going to fizzle?
12
Jul
Looks good for now, but how much longer will stocks keep going up?
Source: Top Three Reasons Why This Rally Won’t Last
An economic and history lesson
10
Jul
Why a depression is the cure that ails America. Being prepared will help you ride out the inevitable.
“Artificial measures to stave off a downturn will only make it much worse.”
Source: America Needs a Good, Old-Fashioned Economic Depression
Warning signal for the economy and the stock market?
08
Jul
Investors are fleeing volatile sectors for safe havens. We saw this before in the lead-up to the financial crisis.
Source: Market driven by ‘safe’ stocks, possibly signaling slowdown ahead
Stock boom ahead?
08
Jul
“One of the stock market’s biggest bulls spots a rare trend which could send stocks skyrocketing through 2017.”
Source: Something miraculous just happened, and it could boost stocks 20%: Canaccord
Gold Bugs index does something it hasn’t in 5-years!
06
Jul
Gold assets ready to soar? The chart reveals we are on the verge of a huge bull market in the gold miners.
Source: Kimble Charting Solutions Blog » Gold Bugs index does something it hasn’t in 5-years!
Global bubblemania
06
Jul
David Stockman makes the case it’s 2007, all over again.
“Nearly everywhere on the planet the giant financial bubbles created by the central banks during the last two decades are fracturing. The latest examples are the crashing bank stocks in Italy and el…”
Source: Here We Go Again——August 2007 Redux
The stock market is setting off a major signal
05
Jul
Tom Bowley highlights a key weakness in the stock market.
Source: Volatility Tumbles Again On Friday
Crude Oil & Stocks continue “Look Alike Patterns” at resistance
05
Jul
Stock market at a critical juncture.
Source: Kimble Charting Solutions Blog » Crude Oil & Stocks continue “Look Alike Patterns” at resistance
Greenspan Warns A Crisis Is Imminent, Urges A Return To The Gold Standard
28
Jun
Greenspan is reverting to his 1966 analysis, Gold and Economic Freedom.
“We’re dealing now in very early days a crisis which has got a way to go. If we went back on the gold standard and we adhered to the actual structure of the gold standard as it exited prior to 1913, we’d be fine. Remember that the period 1870 to 1913 was one of the most aggressive periods economically that we’ve had in the United States, and that was a golden period of the gold standard.”
Source: Greenspan Warns A Crisis Is Imminent, Urges A Return To The Gold Standard
Stock market at a crossroad
10
Jun
Dow Mega Phone Pattern- Support remains in play!
CLICK ON CHART TO ENLARGE
The above chart of the Dow Jones Industrial Average, goes back to the last 1950’s, based upon monthly closing prices.
The Dow remains above Megaphone support at (1), which remains a positive for the “Risk On Trade” at this time. Even though support remains in place, sentiment reflects that overall, investors are not very excited about stocks at this time, as small speculators have few long positions at this time (lowest in years).
From a long-term trending perspective, the “Risk On” trade wants/needs support to hold at (1) above.
If support would give way, it would be a break of a long-term support line, which would send a concerning message to stocks. Monthly support at this time comes into play at the 16,700 level.