Tag Archives for " S&P 500 Index "
Final Death Throes | Stock Market Update
This brief video is a very small segment of what my Insider Members get daily and weekly. In this stock market update I review the S&P 500 (SPX) on a daily, weekly and monthly basis. I also look at the semiconductors, homebuilders and high yield bond fund.
As I state in the video, my wave counts are close to completion and why I believe the stock market is in the final death throes of this bull market. Continue reading
Emerging Markets…Are the Best Days Behind Them?
In this post I look at the iShares MSCI Emerging Markets ETF (EEM). This is a highly liquid ETF that trades at a 50-day average of 75 million shares a day. Of the top ten holdings, six are from China, 2 from Taiwan, 1 from South Korea and 1 from South Africa.
So there is a fairly strong exposure to China. In fact of all EEM’s holdings, China has the largest percentage of any country at 27.07%. You get exposure to companies like Tencent Holdings Ltd., Alibaba Group Holding ADR, China Mobile Ltd., China Construction Bank Corp, Baidu ADR and Industrial & Commercial Bank of China.
In the charts below I first look at the weekly chart of EEM then at the daily chart. Continue reading
What Does Every Trader Need to be Successful?
In this post I’m going to talk about 5 things that every trader needs to be successful. The list is not mine, I’ll talk about that in a second, but the discussion of those 5 things are my thoughts. Continue reading
5 Takeaways from the Market Last Week
Here are 5 takeaways from the market last week:
- Earnings from marque tech players did well overall
- Oil continues slide
- No interest rate hike in sight as Fed sits on its hands
- Consolidation continues as market slides sideways
- Effect on the Election
Earnings
Apple (AAPL), Facebook(FB), Alphabet (GOOGL) and Amazon (AMZN) all did well and all of them had their stocks up for the week. The winner of the four was Apple.
Apple was up 5.6% for the week followed by Alphabet +4.4%, Facebook +2.4% and Amazon +1.9%.
Apple beat expectations and CEO Tim Cook says their services sector “will be the size of a Fortune 100 company next year”. Continue reading