Get started

Usindices

Gold Miners Set to Outperform US Stock MarketTechnical breakout and retest. My expectation for 2020 is a volatile market for both the US indices and for the gold miners. I think gold miners will actually outperform US stocks to the downside here and then will explode higher once we reach full ZIRP and QE5++. The SPX and other US indices could take a major blow in terms of gold which will drag down gold miners a bit but they won't get killed like in 2008. I think miners are waiting for gold to clear $2000/oz, then they will soar like you cannot believe. I think we can get $2000/oz A LOT faster than seems possible. Gold miners are at historical lows relative to the rest of the US economy. Be snagging shares during this period of correction. I ultimately think XAU could surpass all-time highs or at least surpass 0.2 on this ratio but even if we don't get that and all we get is 0.1, we will still make a killing in gold miners. if we go to .2 or higher we will make a fortune.
NASDAQ:XAULong
by Ludwig_Von_Mises
1
Buy Gold and Sell StocksThe S&P to Gold Ratio has effectively traded sideways for the last few years. The ratio has now broken out to the downside. I would say that a 30-80% correction in the stock markets remains a threat despite Fed rescue efforts. I believe over the next several years that gold will outperform the s&p500. Contrary to popular belief, US stocks have not greatly outperformed Gold since 2015. Jeff Gundlach of DoubleLine Capital in an interview from March 4th talked about the corporate bond bubble beginning to burst. He said the Fed would cut rates 50 basis points at the next FOMC. (They very well might cut before that.) He said he believes gold will go to a new all-time high. He also talked about how financial stocks in Japan are down 85% ever since they adopted zero rates 20 years ago. For that reason I think there's little reason to think that the SPX or the NASDAQ is going to bounce into a mega rally. I think there's a lot of reason to think that lots of money is going to flow into gold and silver. Even in the worst case scenario - a 2008 style crash - gold will fall much less than stocks. Gold stocks may take a significant beating. For that reason it may be strategic to reduce mining exposure here and increase gold and silver exposure gradually. The speed of the DXY 's fall the last 2 weeks tells me that it has the potential to fall a lot further if Fed Monetary policy expands tremendously. If that is the case, I don't think gold has much downside in this scenario versus 2008. But I think US indices as well as gold stocks have higher risk here. If the Fed is slow in cutting rates and never steps in front of the market until it crashes, then expect a 2008 type of event that may not be gold-negative.
TVC:SPXShort
by Ludwig_Von_Mises
SPX: Attention needed. -6% possible if this condition is met.S&P has been trading inside a 4H Channel Up (RSI = 50.132, MACD = 13.590, ADX = 48.232) with the 4H MA50 (blue line) supporting. The negative fundamentals (China virus, disappointing earnings) ahead of the Fed Interest Rate Decision this Wednesday, can make investors sell initially (and ask questions later). There is a strong break out level to consider and that is the 3,230 Support. Even if the Channel Up breaks lower, if that Support level holds, then the uptrend can be extended. If however 3,230 breaks, then selling make escalate to a -6.80% drop, similar to the one in July 31st - August 5th 2019. The RSI pattern has certain top making similarities. If that condition is met, then we will set a downside Target Zone of 3,130 - 3,110. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
SP:SPXShort
by InvestingScope
3
S&P 500 Sectoral OverviewWe have already mentioned that the S & P500 major rally started 57 weeks ago : We are now facing a tough sale. So which sectors were traded on the index or discounted in this process? You can view them from the terminal. I would like to write the sectors that remain inexpensive so that when we return to the favorable atmosphere, keep in our mind: OSX : PHLX Oil Service Sector Index XNG : NYSE ARCA Natural Gas SPSIOP : S&P Oil and Gas NQNACE : Nasdaq Yewno North America Cannabis Economy Index CONCLUSION : We see a discount from the commodity in general and the oil and gas sector in particular. But in order for us to evaluate them, there should be a time when we expect both an increase in the related commodities and a positive atmosphere in the S&P 500, then we can turn to these sectors and make profitable investments. Regards.
OANDA:SPX500USD
by Noldo
American Airlines: Buy opportunity on the 1W MA50 break out.AAL has completed 2 years since the January 2018 top. The downtrend since then has been non-stop and 1W even formed a Channel Down with the MA50 (blue line) acting as a Resistance and Lower High. With 1W however turning neutral (RSI = 49.107, STOCH = 47.539, ADX = 14.260, Highs/Lows = 0.0000) after finding Support at 24.70 (has been holding since June 2016) and even making a Double Bottom there, and the RSI on a bullish divergence, we are expecting a strong bullish break out once the MA50 breaks. We will buy on the break out and aim at the 1W MA200 (orange line). ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
NASDAQ:AALLong
by InvestingScope
4
Sprint: On a possible bottom. Conditions for buy.Sprint posted a strong rebound yesterday as it found Support on the 4.80 - 4.70 Zone. At the moment it is still on a strong 6-month Channel Down (1W RSI = 34.548, MACD = -0.393, ADX = 48.905, Highs/Lows = -0.4078) but the conditions for a long term bullish reversal may have already started to emerge. The strongest bullish confirmation would be a break above the 1D MA50. As you see on the chart that would coincide with a cross over of the Lower High trend line of the 6 month Channel Down (dashed line). Additionally the RSI may be repeating the bottom sequence of early 2018. If the 1D MA50 gets crossed, we will buy targeting the 6.10 - 6.25 Zone. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
NYSE:SLong
by InvestingScope
1
Dow Jones: Update on the short term price action.Following Trump's phase 1 trade deal tweets, DJI rose but the uptrend stopped on the Higher High (bold black) trend line on the 4H chart. With 4H technicals turning neutral (RSI = 56.131, MACD = 85.700, Highs/Lows = 0.0000), this may be an early signal that today's High may deliver a rejection. How far can that go? The previous two Higher Highs delivered a rejection of -1.50% and -3.00% respectively. The sequence can be either 1.50% lower on every rejection or double the decline of the previous one. Assuming it is the first, more moderate scenario, the potential drop goes as low as the first two symmetrical Support levels: 27,110 and 26,915. It is important to mention at this point that even though Dow Jones is making Higher Highs on that pattern since November 19th, the RSI sequence on 4H is actually bearish on Lower Highs indicating weakness. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
TVC:DJIShort
by InvestingScope
1
Dow Jones: 4H Death Cross. Potential minor or major pull back.Dow Jones futures have so far failed to recover the 28,200 All Time High and has turned neutral on 1D (ADX = 17.288, CCI = 8.0129, Highs/Lows = 0.0000). On the 4H chart we see a Death Cross formation emerging (MA50 crossing below the MA200). Within the monthly Channel Up we've been trading in for the majority of 2019, every time a 4H Death Cross emerged, the index gave 2 major pull backs (May, August) and 1 minor (October). Given the fact that the major pull backs took place after tops on the Higher High zone (red color) and DJI marginally touched that region on the 28,200 High, we assume that the current pull back will be a major one (around -7%). The Target Zone on this one is 26,600 - 26,180. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
CBOT_MINI:YM1!Short
by InvestingScope
Time to Accumulate Gold and Silver Miners on Metals Pullback It is always important to keep one’s mind open and to consider all possibilities. At this point I am expecting a pullback correction in Gold, between $1416 and $1434. If this pullback comes, this will be an opportunity to accumulate undervalued junior miners who will play “catch-up” to the large cap miners. Additionally, with the gold-silver ratio finally breaking lower, silver looks poised to outperform on this next leg up. I am not actively shorting the metals, merely patiently waiting for this opportunity to accumulate even more shares in my list of miners. However, given the current state of affairs around the world, it is entirely possible this pullback never comes and that we move higher from here. I am hedged against that possibility by being presently invested and continuously adding to my investments in junior & small cap miners. In my opinion, if this scenario plays out where gold does not correct first, it will ultimately not be ideal for gold long-term and will likely result in a painful crash in the metals.
FX_IDC:XAUUSD
by Ludwig_Von_Mises
Elliott Wave View: S&P 500 - SPX New All-Time High ImminentShort term Elliott Wave view suggests the rally in S&P 500 SPX from August 6, 2019 low is unfolding as an impulse Elliott Wave structure. In the chart below, we can see wave (1) ended at 2943.31 and wave (2) pullback ended at 2834.97. Internal subdivision of wave (2) unfolded as a running Flat. Wave A ended at 2825.51, wave B ended at 2939.08 and wave C of (2) ended at 2834.97. Wave (3) is currently in progress and expected to eventually make a new all-time high. Up from 2834.97, wave ((i)) ended at 2898.79 and wave ((ii)) ended at 2853.05. Wave ((iii)) remains in progress and it is unfolding as an impulse Elliott Wave structure in lesser degree. Expect wave ((iii)) to end soon and Index should then pullback in wave ((iv)) before 1 more push higher to end wave ((v)) of 1. We don’t like selling the Index and continue to see near-term support in any dips in 3, 7 ,or 11 swing for further upside.
SP:SPXLong
by Elliottwave-Forecast
Visa: A winner amid the May market correction.Visa became today the largest S&P500 company to hit new All Time Highs since the May correction. 1D is on very healthy bullish levels (RSI = 60.091, MACD = 0.770, Highs/Lows = 1.7236) to ensure further uptrend. What is particularly interesting is that the price action since early May is identical to the January - April 2018 candle sequence. Even the RSI pattern has strong similarities. After the 2018 pattern was completed and a new High was made, Visa gained +19% in value. Assuming that the 1D MA50 will support this uptrend, we are expecting a similar rise which puts an early target estimation at 197.00. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
NYSE:VLong
by InvestingScope
2
Russell 2000: Buy opportunity on 1D.The index has bounced this week off the 1,458.00 Support which was the contact point on October - November 2018. This is a cyclical buy opportunity on 1D and an early long signal as 1D is still neutral (RSI = 44.642, ADX = 33.294, Highs/Lows = 0.0000). We are long on RTY targeting 1,590 (Resistance). If this bullish sequence later holds the 1,498.80 - 1,514.20 zone as a Support, we may be looking at the start of a strong bull run to the ATH and beyond. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
CME_MINI:RTY1!Long
by InvestingScope
Sprint: Death Cross on 1D pointing lower.Sprint made a Death Cross on 1D last week (MA50 crossing under MA200) on bearish RSI = 38.934, MACD = -0.125, Highs/Lows = -0.1518. The same pattern has been spotted 3 times in the past, all of which resulted in massive loss in value (roughly -41.50%, -52.30% and -47.80% respectively). Assuming it follows a similar pattern, an equivalent of the last Death Cross (which was the "weakest") will pull the price down to $3.25. It is definitely not a good time for investors to enter Sprint. Traders may look to start adding shorts using the previous Lower High as stop loss. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
NYSE:SShort
by InvestingScope
What happens when SPX tests its All Time Highs?With SPX approaching its All Time Highs (ATH), having risen non-stop on the 1M chart since the December low, we try to answer this question: How SPX behaves near its All Time Highs? In this attempt, we thought it would be useful to back-test two long term periods, which share remarkable similarities: the 1966 - 1990 period with the 1998 - 2019 (current). Initially and for almost a decade each, both periods share two major crisis events: For 1966 - 1990 the 68 - 70 and 72 - 74 bear markets, for 1998 - 2019 the 00 - 02 and 07 - 09 bear markets. What followed this period of turbulence was a strong bull market. The first was the one that actually led to the 2000 - 2002 crisis (Dot com bubble). The second one is still ongoing and based on the similarities of the two periods SPX should keep rising to new highs. Will we have a pull back upon the ATH test? Well let's look at what happened during the last times SPX tested its ATH. In the modern era (1998 - 2019), SPX pulled back 2 out of the 3 times, but stayed on its strong bull channel since the bottom of the Housing Bubble. During the previous era (1966 - 1990), it pulled back 2 out of 4 times. Since however the last ATH test was so recent, it is unlikely to make another pull back so soon, unless it follows the 2015 - 2016 example. So in conclusion, SPX has much more chances breaking its current ATH (2,940) with in fact every bearish monthly candle being a buy opportunity. More related material: ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
SP:SPXLong
by InvestingScope
9
Dow Jones: Sell Opportunity on 1D.The index is now testing the 1W Resistance (26,280 - 26,300). 1D has been trading on an Ascending Triangle pattern (RSI = 62.583, MACD = 150.200, Highs/Lows = 229.6786) and upon reaching this 1W Resistance zone on overbought stochastics (STOCH = 98.665, STOCHRSI = 90.823, Williams = -0.392) a sell window opportunity emerges. The SL however should be tight primarily because the index is on a long term bullish trend and secondly due to the Nonfarm Payrolls tomorrow which can cause volatility spikes above this level. TP1 = 25,980, TP2 = 25,820 (essentially the 4H Support Zone). ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
DJ:DJIShort
by InvestingScope
1
S&P500: Buy opportunity on the 1D Higher Low.The index is trading within a 1D Channel Up that is currently on its Higher Low zone (RSI = 53.748, MACD = 22.840, Highs/Lows = 0.0000). The fundamental environment may be largely negative buy purely from a technical standpoint, the 2,780 - 2,790 is an optimal long opportunity. TP = 2,849. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
CME_MINI:ES1!Long
by InvestingScope
14