Chris Ciovacco | TalkMarkets | Page 15
Registered Investment Advisor (RIA)
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Chris Ciovacco is the founder and CEO of Ciovacco Capital Management (CCM), an independent money management firm serving individual investors nationwide. The thoroughly researched and backtested CCM Market Model answers these important questions: (1) How much should we allocate to risk assets? ...more

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Countertrend Moves: A Normal Part Of All Trends
When we see bearish charts, we tend to expect the market to drop every day. Since we know markets don't work that way, it is prudent to remind ourselves that any sharp drop is typically accompanied by sharp counter trend moves.
Three Important Levels For Bulls And Bears
From a risk-reward perspective, the present day weekly NYSE Composite Stock Index’s chart has some of the same concerning elements found in September 2008. This week’s stock market video compares the chart below to the 2016 version.
Do The Bulls Have Any Reason For Hope?
Since market profiles can improve when new facts come to light (see March 2009), it is important for us to keep an open mind about all future outcomes (bullish and bearish).
Is The Bull Market On The Ropes?
During Monday’s trading session, the intraday low for 2015 was exceeded. The longer the NYSE stays below 9509, the more concerning it becomes.
Bonds May Be Key Bear Market Tell
Since maximum fear in the financial markets tends to create demand for safer-haven bonds, the chart of long-term Treasuries (TLT​) should be helpful from a risk-assessment perspective.
2015: A Very Odd Year In The Markets
The Dow Jones Industrial Average was first calculated on May 26, 1896. Therefore the index has been around for over 119 years.
After Similar Points In 2001/2008, Stocks Dropped Over 45%
Stock market charts can help us monitor the net aggregate opinion of all market participants. When the interpretation of all relevant factors produces a net bullish opinion, stocks tend to perform well. When it's mixed, stocks tend to go sideways.
Stock Market Breadth: Updated 2011 Vs. 2015 Stats
Market breadth speaks to the percentage of stocks participating in a stock market rally. All things being equal, the broader the participation the healthier the market.
Is The VIX Screaming Stocks Are In Big Trouble?
VIX is now in backwardation for the near term. The term structure of EUVIX has switched from backwardation to flat as EUVIX has dipped over the last week.
Stock Market Breadth: Is It Really That Bad?
Stock market breadth is not that bad right now relative to recent corrections. The jury is still out on the bull market vs. bear market question based on market breadth.
Stocks ROC - This Has Only Occurred Six Other Times Since 1983
In the financial markets, we can always find bullish evidence and we can always find bearish evidence. The weight of the evidence is ultimately what helps form the market’s net aggregate opinion about the value of any asset.
Market Is Providing Insight Into Fed Rate Hike Now
The S&P 500 was trading below that level of possible resistance during Monday’s session. Similar levels can be found on a daily chart (2091) and monthly chart (2095).
Myth: Stocks Are In Trouble When Commodities Tank
Is it possible for the S&P 500 to post significant gains over a number of years during a period of weakness in copper and/or the CRB Index?
S&P 500: Guideposts Nearby On Multiple Timeframes
If the S&P 500 is to rally for several months and go on to make significant higher highs, it has to clear and hold above 2093, which is the R1 line shown in the chart below. The S&P 500 closed at 2089 on Tuesday, November 24.
What Does History Say About The First Rate Hike And Stocks?
Based on 30-day Fed fund futures prices, the CME Group estimates a 74% probability the Fed will raise rates in December after keeping them steady for years.
An Ugly Session For Stocks
Today’s trading session opened some new doors of concern. The S&P 500 dropped back below its 200-day moving average.
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