Tag: Weekly Charts

Various Markets; Weekly Views

Posted on by The INO.com Team

By: Gary Tanashian of NFTRH

It occurs to me that in public writing I tend to bludgeon people with macro fundamentals (like gold vs. positively correlated markets, yield relationships and even confidence in global policy makers), market indicators (VIX, Equity Put/Call, Gold-Silver ratio, Sentiment, Participation, etc.) and other views beneath the surface of things. So much so that I sometimes forget that people might like to see simple nominal charting as a frame of reference.

We update charts like these every week in NFTRH, but I have done relatively few for public review. So here it is, a simple weekly chart update of various markets, with very limited commentary interference from me.

US Stock Market

As you can see, US indexes have so far held critical support. Best projected case would be a bounce to SPX 2000 (+/-). The market continues to roll over on the intermediate trend as of now.

spx, ndx and dow

If the above is suspect to bearish, the broader US indexes are just bearish. Lower lows and lower highs abound and resistance is noted. Continue reading "Various Markets; Weekly Views" →

Are The Markets Teetering At The Edge Of A Cliff?

Posted on by The INO.com Team

Well, it certainly seems as though the equity markets cannot make up their minds which way they want to go. The question on every investor's mind is, is this going to be a major top in the market like 2007?

I remember reading an article years ago titled "They do ring a bell at the top of the market." It was an intriguing title and, of course, that's the reason I read the article. In essence, it boiled down to this, when the Federal Reserve starts raising interest rates, it can be a major negative for the market.

What will happen when interest rates start to move up again, as they invariably will? Are we going to see a move out of stocks and into safe yield bearing instruments again? Continue reading "Are The Markets Teetering At The Edge Of A Cliff?" →