With the market down so sharply many are speculating that it will rebound just as sharply but market sentiment might be indicating something else altogether.
Did the Oil Crash Wreck the Stock Market?
March 12, 2020 by Leave a Comment
Crude oil took a 30% dive on Sunday, March 8. Yet what’s happened in oil this year is so much bigger than that headline-grabbing, one-day move. In January, oil was $64 a barrel. It hit $27.34 intraday on Monday, March 9, so the price of oil fell 57% in just two months. Talk about a swift decline.
The Beginning of a Long-Term “Secular” Bull Market?
December 4, 2019 by Leave a Comment
In the following article, Chris Ciovacco of Ciovacco Capital Management takes a look at the mood of the common investor as the outflows of equity funds reach new levels of pessimism. These levels are actually more pessimistic than in July 2016 when everyone was convinced that Hillary was going to be elected. They are even more pessimistic than at the depths of despair in March 2009 after the beginning of the “Great Recession”. So what is going on? ~ Tim McMahon, editor.
Bullish Signal Has Only Happened 10 Times in the Last 94 Years.
November 7, 2019 by Leave a Comment
In today’s article by Chris Ciovacco of Ciovacco Capital Management Chris looks at a Bullish Signal that has only happened 10 times in the last 90 Years. Plus 8 charts that show a bullish break upward through resistance.
Trade, Impeachment, and the Conviction of Buyers and Sellers
October 2, 2019 by Leave a Comment
The following article by Chris Ciovacco looks at the impact the possibility of impeachment is having and could have on the stock market.
Almost Inverted Yield Dip Is Bullish for Stocks
August 19, 2019 by Leave a Comment
During the trading session on Monday, August 19, the “bottoming process” case for the stock market remained intact. The NYSE Common Stock A-D Line held the line last week at a logical level associated with the S&P 500 reversals in March and June (chart below).
Message from the Stock/Bond Ratio
August 1, 2019 by 2 Comments
The historical cases told us to be open to a period marked by bond underperformance relative to the stock market. Thus, it might be helpful to revisit the stock vs. bond topic as we near the end of July.
Do Facts Support Doom and Gloom or Higher Highs for Stocks and/or Gold?
July 25, 2019 by Leave a Comment
Dating back to 1950, the S&P 500 has only dropped over 40% three times: 1973-74, 2000-02, and 2007-09. In each case after the big drop, something caused investors to change their attitude and behavior related to the attractiveness of common stocks. Major lows are rare and the shifts that occur in the minds of human beings near major lows are rare. History tells us valuable information can be found in rare market events.
What Typically Happens When These Charts Flip?
June 21, 2019 by Leave a Comment
In today’s article Chris Ciovacco looks at several charts with their 100 day and 300 day moving averages and what happens when those averages ‘cross”.
Are Rate Cuts a “Death Knell” for Stocks?
June 15, 2019 by Leave a Comment
There has been some talk in the media lately about the effects of FED rate cuts on the stock market. Conventional wisdom says that the FED begins cutting rates when it fears a contraction in the economy is coming. This is because it is afraid if it waits too long to cut rates it will “get behind the curve” and then cuts will not be effective. So when the FED cuts rates for the first time after a period of raising rates that must mean that the FED fears a recession coming on (which is bad for stocks). So, the question we are going to look at today is whether the facts actually bear out this conclusion. In today’s video Chris Ciovacco analyzes the FED rate cuts and how the situation relates to the current economic climate.
