Market Conditions

Latest Market Conditions Articles

In a recent update, I pointed towards the 2,335 SPX region as the next likely target in the market. This week, the market has finally obliged, and taken us to our next waypoint. As I have been noting for several weeks, the market has been much more bearish than I
Price Action Over The Past Several Years The market has rallied off the 2009 lows, and most people are convinced that the Fed powered the move.  In fact, most were certain that once QE ended, the market would drop. And, they currently maintain this convictio
The last week was full of comments from Fed officials. What can we learn from them? We have already covered. Yellen’s Testimony before Congress. However, she was not the only FOMC member who spoke last week. Let’s then also analyze the opinions of other American
The stock market is too high.  The fundamentals don’t support these heights.  This rally is completely “fake” because it has been “manipulated.” The market is in “nosebleed” territory.  We are in a blow-off rally. The market is about to crash.  Y
“Don’t bother me with facts, son. I’ve already made up my mind.” --Foghorn Leghorn You Need To Feel In Control As human beings, we have an innate drive to want to be in control of our surroundings.  We want to believe that we are the masters of our destin
Why did the stock market rally after the election victory of President Trump?  Do not expect to see increased earnings growth in 2017 and 2018.  This market is now overvalued by all metrics! There are no sound fundamentals that are supporting these markets
Let’s start this post with a great quote from the legendary investor Warren Buffet: “Be fearful when others are greedy, be greedy when others are fearful”. Since the US Presidential elections, the SPX has risen from 2139.6 on November 8th, 2016 to 2271.7 on December
Based upon the recent larger than usual growth in my membership at Elliottwavetrader.net, it would seem that other membership sites may have had some difficulties of late, from which we have benefited.  This often happens when we see big moves in markets that o
The Establishment got it all wrong!  Will we ever experience free trade in America, again? It is the American people that can and will make America great, once again!  We cannot rely on the Federal government as we have seen their failure to deliver the Am
October is an important month for the US stock market seeing as the SPX has delivered an average of 1.9% returns during the month. This month also happens to keep the investors on edge with the most number of 1% moves in the index since 2000 as shown on the table below.

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