DEBT STORM OVER EMERGING MARKETS Something Appears Broken Somewhere? A Year of Warnings For well over a year, each month in Trigger$ we have laid out increasing concerns we had with the financial markets. Our concerns didn’t say the market would crash, but rather the risk was dramatically increasing for the rewards offered. The truth […]
FANG & NOSH BECOME THE “NIFTY NINE” FANG STOCKS Facebook, Amazon, Netflix and Google Ned Davis Research refers to the NIFTY NINE, which adds: Priceline, Ebay, Starbucks, Microsoft and Salesforce (Note that Apple appears on neither list which until recently was THE MARKET) While the S&P languishes unchanged in 2015, these small groups of overwhelmingly […]
There is potential to see some significant market shifts as we go in to the New Year, potentially starting in the first week of December. Several markets are coming up on important technicals. These technicals could potentially stop and reverse the current trends. As these markets are significant in the overall marketplace, we could see a general […]
Your trading plan should include some sort of technical confirmation with your potential trigger considerations. It is not enough to just have the break of a support or resistance; other technical indications should also be present to support the break-out as well as the subsequent move you are looking for. The list for what could […]
CREDIT CYCLE REVERSING We have been outlining for some time that top line corporate revenue growth has been falling and illustrated at the end of Q2 2015 we had incurred two consecutive quarters of negative growth. Unless corporate expense rates are immediately cut, operating margins are impacted and cash flows are reduced. Since market valuations […]
We have a global shift in confidence. The shift shows itself in the willingness to accept risk. The bond and credit markets are the ones first impacted. SOMETHING HAS SUDDENLY CHANGED We have previously talked about Confidence and Sentiment changing and what Alan Greenspan warned congress about a number of times during his […]
Here are 2 technical trade set-ups that I am watching: both could offer an opportunity for an option or stock trade. VWO Here’s what we were looking at back on Oct 5th when the chart was originally set-up. It had been in a steep drop, recently finding support and moving back to retest long term […]
Market Road Maps, SPX Road Map
Market action on Thursday lifted in to the High Probability Target Zone published in TRIGGER$ on October 1st. “Current market form suggests a consolidation, with another lift up needed to complete before the next significant drop occurs (continuation of the dramatic fall off that can be seen). This could see the red channels above re-tested…… […]
Market Road Maps, SPX Road Map
Today had a slight market pullback that may still be felt a little bit yet tomorrow. However, this is likely just a normal correction to the upward trend, which will continue once the correction is complete. Looking at chart 1 below you can see the current market at several significant technicals: the 13ma, green channel […]
THE GLENCORE CANARY – The Corporate Debt Shocker A HIGHLY LEVERED PLAYER – In a Highly Levered Industry Tied to a Highly Levered China We have felt since the announcement by the US Federal Reserve of its “TAPER” program that an inevitable collapsing commodity market in Emerging Economies would be the catalyst for the next […]