The Dow Jones 30 initially fell on Tuesday but turned around as markets regained their footing. It looks as if we’re going to test 20,000 again, but we are close enough that I would prefer to wait until we close above the 20,000 level to start buying. I would use the daily candle for that signal, and simply buy-and-hold at this point. I believe that the support will be found on the breakout somewhere near the 19,900 level. The NASDAQ 100 has already broken out to the upside, so I believe that it’s only matter time before this market does as well.
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Major US Indices Forecast, May 1, 2017, Technical Analysis
S&P 500 The S&P 500 fell slightly during the day on Friday, but I think that there is enough support just below to bring buyers back in sooner rather than later. The gap of course should be supportive, and I believe that a supportive candle underneath will only attract more buyers… Read More S&P 500 … Continue reading Major US Indices Forecast, May 1, 2017, Technical Analysis
Major US Indices, Forecast for The Week of May 1, 2017, Technical Analysis
S&P 500 The S&P 500 gapped higher at the open of the week, and then shot towards the 2400 level. However, we turned around to form a less impressive candle, but I believe that any pull back from here will find buyers to continue the longer-term uptrend. I have no interest in shorting the S&P … Continue reading Major US Indices, Forecast for The Week of May 1, 2017, Technical Analysis
S&P 500; US Indexes Fundamental Analysis – Forecast for the Week of May 1, 2017
U.S. equity markets posted strong gains last week, driven by solid first-quarter earnings reports that showed an improving economy and increased business capital investment. The markets were primarily boosted by technology and health care stocks. Telecoms and utilities bucked the trend, however, and closed lower. In the cash market, the blue chip Dow Jones Industrial … Continue reading S&P 500; US Indexes Fundamental Analysis – Forecast for the Week of May 1, 2017
Dow Jones 30 and NASDAQ 100 forecast for the week of May 1, 2017, Technical Analysis
Dow Jones 30 The Dow Jones 30 had a very positive week, but did struggle at the 21,000 level. If we can break above there, the market should continue the longer-term uptrend. Even if we do pull back from here, I think that the 20,500-level underneath offer support. Dow Jones 30 and NASDAQ Index Video … Continue reading Dow Jones 30 and NASDAQ 100 forecast for the week of May 1, 2017, Technical Analysis
Dow Jones 30 and NASDAQ 100 Forecast May 1, 2017, Technical Analysis
Dow Jones 30 The Dow Jones 30 did very little during the Friday session as we continue to hover just below the 21,000 level. If we can break above the top of the shooting star from the Wednesday session, then the market should go much higher. A pullback from here should find plenty of support … Continue reading Dow Jones 30 and NASDAQ 100 Forecast May 1, 2017, Technical Analysis
Technical Checks For US Dollar Index, Dow Jones And S&P500: 28.04.2017
US Dollar Index [I.USDX] Ever since the early-week result of French election dragged US Dollar Index [I.USDX] to break eight-month old ascending trend-line, the greenback gauge continued trading in a small range of 98.70 – 99.30. However, today being the US GDP announcement, the index has been trading southward within the range since morning and … Continue reading Technical Checks For US Dollar Index, Dow Jones And S&P500: 28.04.2017
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Is There a Real-Estate Bubble?
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4 Commodities for 4 Seasons
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The Story of Marine Le Pen
Marine Le Pen, the president of the National Front, is not just a politician, but also a layer taking France by storm at the age of 48, young when compared with the Establishment. Sarkozy, Fillon and Hollande all 62 years of age with only center-left Macron her junior at the age of 39. Marine Le … Continue reading The Story of Marine Le Pen
The Big Investment of Stephen Curry
In 2011/12, Stephen Curry had a repetitive ankle injury that made him miss most of the season. During the summer, he had two ankle surgeries while he was trying to turn his career around, and like many other big talents that ended their career with cruel injuries, the Warriors fans did not expect to see … Continue reading The Big Investment of Stephen Curry