Stockmarkets
How i know what stock have a good future in a crisis - TutorialHello,
Some people asked in Telegram / PM how i know what stock will go up and which one should them short or long.
I made a list about the different sectors of SPX 500 if its needed to go bear or bull on it.
After you choose the sector you need to check the ADX of the coorporation, it need to be strong and always remember to chose the strongest coorporations of the sector that you selected.
Here is the graphic:
imgur.com
You can see my last charts that i did green on almost all of them.
Hope you liked and helped to you!
Please follow me to keep doing daily analysis for free!
Thank you so much!
Regards,
Dow Jones Reversal Pattern?We have yet to see TWO consecutive green days on the Dow for quite some time...will be finally get that? We have the monetary side with the Fed now buying up assets with unlimited funds. The fiscal side is next with a relief package to be passed in congress.
We had a record over 2000 point gain day today.
From here, we are approaching a very crucial zone. We are looking at the 21000 zone here as it is the last lower high swing. According to market theory, as long as we are under this lower high swing, we are in a down trend. Ideally, would like to see 21000 tested, a pullback, and then a break out. This would give us our first higher low swing to work with AND create the quintessential reversal patter, the head and shoulders.
SPX500 - O Crap! Are we in for the mother of all corrections?From a Elliott Wave Theory perspective it looks like the monthly S&P500 has completed 5 waves up - so the theory dictates we need to correct the 5 waves up with three waves down. The prior 4th wave low is usually the end of the retracement. However, retracements can go all the way back to the prior 2nd low !!!
Comex Gold - Selling The Tops at 1705 $-Case of Ending DiagonalDisclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Happy to get the clue straight from the yellow metal & to see it unfolding as expected on 7th March 2020 video idea which was published on Indian Version - Nifty / Gold / USDINR - The important Juncture.
Video Idea (Click the Idea Below)
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Long Term Outlook
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A possible case of Ending Diagonal which suggest that the rally which started from 1045$ to 1705$ has completed & we look for downside Targets - 1045$ / 900$ / 750$
Short Term Outlook
Wait for some bounce above 1500$ in the zone 1590 - 1625$ zone - If you see the commodity getting rejected in the suggested zone then putting stops above 1635$ could be an opportunity for selling the commodity for
Targets - 1500$ / 1445$
Thanks for watching the video & stay classy till next idea.
SPY Market Bottom? BUYING OPPORTUNITY!Hey there,
please support this idea with your likes and follow me here on TV!
Just as a quick update on Stocks.
We are shortterm quite oversold on many indicators with longer term still more potential for further downside.
SPY and many other stocks like TSLA are today on 9 BUY of the TI Indicator sequential!
This is double 9 which means we already had a 9 and are now on a second.
Strong buy signal for short to intermediate term trades.
Cheers,
Konrad
What does a market reaction to the Fed's decision say?Since yesterday, by and large, was the first full day of working out the Fed’s emergency decision to lower the rate by 0.5%, today some results can be summed up. And they are generally disappointing for optimists. In theory, stock markets should have perked up and provoked a sharp increase in stock indices. But this did not happen, that is, there was growth, but not at the scale that could be expected. In theory, the pressure on the dollar should have intensified. But yesterday, the Dollar Index rose. In theory, the Fear Index was to drop significantly. But according to the results of yesterday, the decrease was insignificant.
What are all these signals talking about? The magic of Central banks no longer works the way it used to. Lower rates no longer automatically resolve existing problems. And this is a very alarming signal for stock market buyers, gold sellers, and other optimists. It seems that the bubble is nevertheless broken and the air, despite all the efforts of its creators, is gradually coming out. In general, monetary policy has exhausted itself and this is an extremely alarming signal: if the situation worsens, it will not be possible to resolve the situation with the usual methods.
The consequences of the coronavirus have not even begun to appear, and Nasdaq is quoted 10% below the maximum and, it seems, can no longer grow with the certainty with which it was literally a couple of weeks ago.
So in everything that happens, we see the strongest confirmation of our basic investment ideas: sales on world stock markets, and especially on the US stock market; gold purchases and sales of risky assets (such as the Russian ruble).
But back to the events of yesterday, which was very full of news. The Bank of Canada lowered the rate immediately by 0.5%. The Canadian dollar obediently worked this out, losing about 100 points paired with the dollar. But in general, the reaction was relatively calm at such a massive reduction in rates.
US employment data from ADP turned out to be quite good: +183K with a forecast of +170K. What sets in a positive mood against the dollar ahead of Friday's official statistics. The ISM Index in the non-productive sphere also pleasantly surprised: 57.3 points with a forecast of 54.8 points. But the Eurozone indices traditionally fell short of expectations and for the most part, came out worse than forecasts.
Well, the results of super-Tuesday played into the hands of the dollar, on which Biden won quite unexpectedly, who is considered a more adequate option from the Democrats as opposed to the “left” Sanders.
In general, our desire to sell a pair of EURUSD intensified up to the recommendation to sell the pair from the current ones with the addition of any attempt to grow.
Oil stocks in the United States have grown quite slightly, but all the attention of oil market participants has been riveted to the OPEC meeting and OPEC+ decisions. It is very likely that today some specific information will appear that could provoke strong movements in the oil market. If OPEC+ decides on additional reductions (ideally about 1 million b/d), oil has a chance of growth. The main stumbling block is Russia and its unwillingness to scale up the reduction.
Dow Jones: The importance of the 1W MA200. Bull Cycle intact.This is a long term approach on DJI after the price hit the Higher Low trend line of the 1W Channel Up (RSI = 44.081, MACD = 142.400, ADX = 38.014) following the worst weekly sell-off since the Subprime Crisis. The 1W RSI also just hit the 34.000 level which is a Support since 2016 and last time it visited that level was on the previous Higher Low of the Channel Up in December 2018 (bottom of the U.S. - China trade war tensions).
On such a long term analysis, we want to emphasize the importance of a key marker that is behind this +10year Bull Cycle and how it is keeping the bullish sentiment on stocks alive.
That is the MA200 on the 1W chart. During the 2008 mortgage crisis, the 1W MA200 acted as a Resistance. It first broked convincingly in October 2010 and was immediately tested (and successfully held) as a Support. That was unofficially the start of the new Bull Cycle on Dow Jones, as since then the 1W MA200 has held as a Support on four occasions after sharp market sell-offs (Aug 2015 China's slowdown, Feb 2016 Oil decline, Dec 2018 trade war etc), keeping the multi year uptrend alive.
Last week the index came close again to the 1W MA200, which successfully held. As long as 1W candles close above this trend line, the multi year Bull Cycle will continue and every pull back is a long term buy opportunity. In fact based on the current 1W Channel Up, Dow's next Higher High target is 32,000.
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