Market Outlook of S&P500 - 16Sep24 Observations: The MACD indicator is about to complete a top crossover which implies a coming uptrend. However, there is a forming of a “double top” which suggests that a reverse is not far away. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. Both MA50 and MA200 lines are below the last candle. Thus, it could be read as bullish for both the mid and the long-term. The 3 Exponential Moving Averages (EMA) lines have completed their crossover. This implies an uptrend. Chaikin’s Monetary flow (CMF) shows an uptrend but there seems to be more selling volume than buying. Thus, the line may have started to trend downward. I have replaced Stochastic with CMF to incorporate consideration of volume. Stochastic and MACD are similar

Market Outlook of S&P500 - 09Sep24 Observations: The MACD indicator shows a downtrend. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. The MA 50 line has cut the last candle and remains above the MA 200 line. Thus, it could be read as bullish for the long term. The mid-term may turn bearish soon. At the same time, the MA 50 may turn downwards soon. This is something that we should monitor. The 3 Exponential Moving Averages (EMA) lines are converging and the crossover should happen in the coming days, thus, a downtrend is on the cards. Chaikin’s Monetary flow (CMF) shows an uptrend but there seems to be more selling volume than buying. Thus, the line may have started to trend downward. I have replaced Stochastic with CMF to incorporate consideration of vol

$NVIDIA Corp(NVDA)$ $Alphabet(GOOGL)$ $Apple(AAPL)$ $Tesla Motors(TSLA)$ $Advanced Micro Devices(AMD)$  🚀 Barclays' Bold Move: S&P 500 Target Raised to 5,600! 🚀 Kia ora Tiger traders, Barclays has just turned up the heat, lifting its 2024 target for the S&P 500 to a sizzling 5,600 from 5,300! Why the optimism? It's all about strong profit growth from our favourite mega-cap tech titans. Here are the top 10 most traded stocks by volume that could ride this wave: 1. NVIDIA (NVDA): Poised to benefit from the AI boom, Nvidia’s strong position in the tech sector makes it

Market Outlook of S&P500 - 05Aug24 Observations: The MACD indicator is showing a downtrend. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. The last candle is below the MA 50 line and above the MA 200 line. Thus, it could be read as bullish for the long term and bearish in the mid-term. The 3 Exponential Moving Averages (EMA) are on a downtrend. For Chaikin’s Monetary flow (CMF), it is showing a downtrend. There is a chance for some reversal in the coming days. I have replaced Stochastic with CMF to incorporate consideration of volume. Stochastic and MACD are similar with Stochastic being “more active” and more capable for “false” signals. From investing dot com, the S&P500 is on a downtrend. Technically, it looks to be a “Strong sell”. Using 20

Market Outlook of S&P500 - 15Jul24 Observations: The MACD indicator has completed a bullish top crossover that implies a current “bull” run. Chaikin Money Flow (CMF) is above the zero line in the middle which implies an uptrend. This remains in the bullish region. Note the selling strength is gaining ground. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. The last candle is above both the MA 50 line and the MA 200 line. Thus, it could be read as bullish for the long term and the mid-term. Exponential Moving Averages (EMA). The 3 EMA lines are on an uptrend. I have replaced Stochastic with CMF to incorporate consideration of volume. Stochastic and MACD are similar with Stochastic being “more active” and more capable for “false” signals. S&P500 continue

Market Outlook of S&P500 - 01Jul24 S&P500 1 year chart as of 29Jun24 Observations: The MACD indicator has completed a top crossover and we should expect a downtrend. Chaikin Money Flow (CMF) is above the zero line in the middle which implies an uptrend. Yet, there is a stronger selling momentum than a buying one. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. The last candle is above both the MA 50 line and the MA 200 line. Thus, it could be read as bullish for the long term and the mid-term. Exponential Moving Averages (EMA). The 3 EMA lines are on an uptrend. I have replaced Stochastic with CMF to incorporate consideration of volume. Stochastic and MACD are similar with Stochastic being “more active” and more capable for “false” signals. S&P500

Market Outlook of S&P500 - 17Jun24 Observations: The MACD indicator is on an uptrend. A double top is forming and we should expect a reversal in the coming days. Chaikin Money Flow (CMF) has crossed the zero line in the middle which implies an uptrend. Yet, there is a stronger buying momentum than a selling one. Let us monitor the development in the coming days. This should peak in the coming days. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. The last candle is above both the MA 50 line and the MA 200 line. Thus, it could be read as bullish for the long term and the mid-term. Exponential Moving Averages (EMA). The 3 EMA lines are on an uptrend. I have replaced Stochastic with CMF to incorporate consideration of volume. Stochastic and MACD are similar w

Market Outlook of S&P500 - 13May24 1D chart for S&P500 dated 11 May 2024 (SGT) Observations: The MACD indicator is on an uptrend. Chaikin Money Flow (CMF) has crossed the zero line in the middle which implies an uptrend. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. The last candle is above both the MA 50 line and the MA 200 line. Thus, it could be read as bullish for the long term and bearish for the mid-term. Exponential Moving Averages (EMA). The 3 EMA lines have converged and started an uptrend. I have replaced Stochastic with CMF to incorporate consideration of volume. Stochastic and MACD are similar with Stochastic being “more active” and more capable for “false” signals. Using a daily interval chart, Investing is recommending a “Strong Buy” r

Six Too-Big-To-Fail US banks have all released Q1 2024 financial reports.With the macro still tight, but economic activity strong, all of them beat without surprise, business department in divergence.Interest margin keeps narrowing but improved, the interest income has noticeably dropped, but the overall market expectation is not high. JPMorgan and Wells Fargo's partial interest income did not meet expectations, and the market had already priced this in.CPI strong, short-term interest rate cut expectations fell, and it is still difficult to see growth in the interest margin.Investment banking business as a whole is recovering, among which the growth of fixed-income underwriting business is the most noticeable. Wealth management business is growing steadily overall, and active market tradin

Iran and Israel conflict It started with the “arrest” of MSC Aries at the Straits of Hormuz. BREAKING: IRAN BANS ALL SHIPS LINKED TO ISRAEL “Starting today, all vessels linked to the Zionist regime are banned from operating in the Oman Sea and the Persian Gulf.Any such vessels found in these waters will be confiscated.” This thread means that all Israeli-linked vessels would not be able to travel past the Oman Sea and the Persian Gulf. This would be taken seriously by the shipping industry, causing further disruptions to the regional supply chain. Vessels will be forced to divert, leading to an increase in supply chain lead time and cost. Missiles and Drones were launched The screenshot was taken from the NBC news report. Iran launched its retaliation after Israel bombed its embassy in D

2."Is US Inflation Making a Comeback?"Certainly, the biggest variable regarding interest rate cuts is inflation. This year's inflation data has put the Federal Reserve in a somewhat awkward position. Firstly, energy prices have been steadily rising. Crude oil prices have reached $86, noticeably impacting Americans at the gas station.Gold prices have recently surged, breaking the $2300 mark and hitting historic highs, signaling market expectations of further inflation. While the Fed may attribute the rise in oil prices to Middle East tensions, financial markets find this hard to accept. Looking at the real estate market, the overall US housing market price index has risen by about 4% this year, and rents have increased. Consequently, the equivalent rent weight within the CPI is bound to con

Yesterday saw a continuation of the reevaluation of interest-rate expectations for 2024, driven by comments from Federal Reserve officials and market reactions to economic data. Here's a breakdown of the key events and market movements: DJIA: +0.17% to 37,798.97 ; $S&P 500(.SPX)$ : -0.21% to 5,051.41 ; $NASDAQ(.IXIC)$ : -0.12% to 15,865.25 $Tesla Motors(TSLA)$ $Apple(AAPL)$ $NVIDIA Corp(NVDA)$ Stocks Interest Rate Expectations Fed Remarks: Fed Chairman Jerome Powell emphasized the need for greater confidence in sustained inflation decline

$S&P 500(.SPX)$ decreased 3.1% last week, $NASDAQ 100(NDX)$ plummeted 5.5%, causing market attention. TMaybe it’s not a bad thing to fall at this position. It can not only digest its overly strong expectations, but also help to restart the interest rate cut trade.Liquidity IssuesThe turning point of financial liquidity in the second quarter will put pressure on U.S. stocks.The difference between the Federal Reserve's balance sheet rule - TGA account - reverse repos is used to measure liquidity within the financial system, which is approximately equal to the scale of reserves in the commercial banking system. Recent changes are that the Fed's monthly balance sheet reduction is still ongoing, but the tax

Market Outlook of S&P500 - 22Apr24 Technical observations of the S&P500 1D chart: The MACD indicator is on a downtrend from the past week and this should continue into the coming week. Chaikin Money Flow (CMF) has hit below the zero line. This can be seen as a bearish signal with more selling volume. Note that there may be a reversal in this coming up as the volume trend seems to be changing direction. Moving Averages (MA). Both the MA50 line and the MA200 line are on an uptrend. The last candle is above the MA 200 line and below the MA 50 line. Thus, it could be read as bullish for the long term and bearish for the mid-term. Exponential Moving Averages (EMA). The 3 EMA lines have converged and started a downtrend. I have replaced Stochastic with CMF to incorporate consideration of