Member
Posted 17 April 2018 - 04:33 PM
My modified form of the CONNORS VIX RSI with MOMENTUM is on the verge of giving a SELL.
This is Short-term, I still believe the market can take out 2720 and, possibly, 2760, with slight resistance at 2740.
But, there could be a pull-back before any resumption of this rally.
Note this from Morgan Stanley and Tom Bowley: nice charts!
Morgan Stanley issues warning that the end is near for the bull market
https://www.cnbc.com...ull-market.html
Analysis here;
http://stockcharts.c...-on-sp-500.html
Member
Posted 17 April 2018 - 04:34 PM
https://www.barrons....ride-1523985872
Intraday Update: Dow Gains 200 Points as VIX Signals End of Wild Ride
Member
Posted 17 April 2018 - 04:36 PM
On second thoughts, this VIX trade seems to be too crowded!
But, these guys save it, they say the LOW is in and there will be new highs!
The Cboe Volatility Index is a guide to human nature, says a prominent Wall Street bull. And that guide indicates the lows are in for the stock market and that new highs may be no more than months away.
Canaccord Genuity analyst Tony Dwyer has characterized the stock market’s early February plunge as a phenomenon known as a “shock drop,” in which a correction is sharp enough to cause the 10-week rate of change in the Cboe Volatility IndexVIX, -7.91% or VIX, to spike to 125. The rate of change, or ROC, measures the percent change in price from one period to the next.
https://www.marketwa...s-in-2018-04-17
Member
Posted 17 April 2018 - 05:36 PM
NYAD is already above the March highs, price will follow.
Member
Posted 17 April 2018 - 07:53 PM
BTFD
done that at 2555 es ......wattya all waiting for??
Member
Posted 17 April 2018 - 07:56 PM
"Morgan Stanley issues warning that the end is near for the bull market"
Like I said, traders were/are bearish, now I'll add firms. I lightened up some as we are approaching the 2720 area and are a tad ST extended...but still dont see evidence to think its over like many here.
Member
Posted 17 April 2018 - 08:14 PM
fake
"Morgan Stanley issues warning that the end is near for the bull market"
Like I said, traders were/are bearish, now I'll add firms. I lightened up some as we are approaching the 2720 area and are a tad ST extended...but still dont see evidence to think its over like many here.
Morgan Stanleyn wants inventory....so they lie so their back room can get more stock....MS has been doing this for years.....watch the sky only the week minded does what MS wants u to do.....lol
Member
Posted 18 April 2018 - 05:54 AM
I still think stocks can challenge the record high in the 4th quarter but some have a different opinion:
Permabull SIEGEL warns:
As stocks surge, market bull Jeremy Siegel warns the market is on a collision course
Long-term bull Jeremy Siegel, who correctly predicted 2017's historic rally, isn't convinced strong earnings will push stocks back into record territory.
The Wharton finance professor sees anemic returns compared with last year.
"It's going to be a flat to slightly upward tilting year as good earnings collide with what I think will be higher interest rates both by the Fed and in the Treasury market," he said Monday on CNBC's "Trading Nation." "This market is going to struggle this year."
https://www.cnbc.com...egel-warns.html
Member
Posted 18 April 2018 - 06:32 AM
I still think stocks can challenge the record high in the 4th quarter but some have a different opinion:
Permabull SIEGEL warns:
As stocks surge, market bull Jeremy Siegel warns the market is on a collision course
Long-term bull Jeremy Siegel, who correctly predicted 2017's historic rally, isn't convinced strong earnings will push stocks back into record territory.
The Wharton finance professor sees anemic returns compared with last year.
"It's going to be a flat to slightly upward tilting year as good earnings collide with what I think will be higher interest rates both by the Fed and in the Treasury market," he said Monday on CNBC's "Trading Nation." "This market is going to struggle this year."
4th quarter? way sooner than u think .....and siegel is a very poor excuse for a long term bull....fade every worry wart u see on the financial media ....they want u to do the wrong thing........snort
