14 replies to this topic

[dTraderB]

A VERY BIG week in earnings starts today and the key data item is not the actual earnings - this should be excellent, if not the stock will be taken to the woodshed - but the guidance and outlook for the next quarter and further down the road. 

Watch those bonds they could start hurtling down with yields rising, they key 10-yr Treasury must stay at or below 3% or else all hell will break loose, with new 2018 equity lows this week.

On the other hand, if that yield could be tamped down, good outlook on earnings, and even a minute lowering of the political instability, stocks can reverse this latest decline and rally all the way to 2760 or higher. 

 

World stocks stumble as US Treasury yields near 3%

• World stocks slipped on Monday as investors braced for a blizzard of earnings from the world's largest firms.
• Investors are also keeping a wary eye on U.S. bond yields as they approach peaks that have triggered market spasms in the past.
• In early New York trading, the 10-year yield was trading around 2.9950 percent.

https://www.cnbc.com...-3-percent.html

[dTraderB]

The Trump stock market looks a lot like Ronald Reagan's, Ralph Acampora says — and that may mean trouble

 

https://www.cnbc.com...s-acampora.html

[K Wave]

NQ banged on top of 15 min 900 MA on Friday, and then made 2nd divergent test down overnight...so bulls tentatively have the ball back...

 

But if the overnight pivot should fail to hold....Look Out Below....probably going all the way back to the lows...or beyond...

 

NQ 6780-90 key level to break on upside for bulls to really claim a stick save....

Edited by K Wave, 23 April 2018 - 07:36 AM.

[K Wave]

Again...watch AAPL for clues....

[redfoliage2]

Currently there are many factors that are keeping the market under pressure:  the Fed, the WH, the rate, the trade war, the valuations, and the mid-term. So, the IT trend is down.................

Edited by redfoliage2, 23 April 2018 - 08:18 AM.

[redfoliage2]

Currently there are many factors that are keeping the market under pressure:  the Fed, the WH, the rate, the trade war, the valuations, and the mid-term. So, the IT trend is down.................

One more thing:  the currency war that prompts Mr. Mnuchin to visit China soon..............

Edited by redfoliage2, 23 April 2018 - 08:48 AM.

[NAV]

The Trump stock market looks a lot like Ronald Reagan's, Ralph Acampora says — and that may mean trouble

 

https://www.cnbc.com...s-acampora.html

 

 

Isn't this the same guy, who said in Jan that he is so bullish that he has to sit down and calm down 

[dTraderB]

Opening half-hour ESM range: 2677.50 - 2667.75 

 

Break above or below will determine ST direction

 

Strong housing data sends yields up by one basis pt -- 2.981%   10-yr Treasury

[dTraderB]

Yes, NAV

But, markets do change, so do people.....or else markets will leave us behind, eating dust

[dTraderB]

Got to go, my ESM short trade may kicj in

 

This is from a link that was posted in a later post
 

Specifically, he pointed to this bearish head-and-shoulders formation — our chart of the day — that’s sounding an alarm on the Nasdaq 100 NDX, +0.15%  .

 

Look familiar? If you’ve had an eye for patterns like this over the years, it should. Here’s what the Nasdaq 100 looked like ahead of the dot-com meltdown:

“Freaky, no?” Henrich asks, adding that results from the big tech companies will go a long way in either causing the pattern to repeat or to become invalidated. He pointed specifically to FB, -0.30%  , Microsoft MSFT, +0.42%  , Amazon AMZN, +0.02%  , Google parent Alphabet GOOGL, -0.32%  and Apple AAPL, +0.19%  as determining the next move.

https://www.marketwa...apse-2018-04-23