Tag Archive for 'S&P 500'

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ShareHunter Subscribers Make Big Profits From the Market Crash

Published on August 10, 2011 in Education and ShareHunter News. 0 Comments Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , .

For months ShareHunter subscribers were kept well aware of the oncoming market express that was going to cause a collapse in share prices. Then they were told on the very day that it started to go short of stocks (and we showed them which stocks to sell). Then, on Sunday 7th August they were shown that the FTSE was likely to bottom out at the 4782 area – on Tuesday 9th August it bottomed out at 4791!!

All subscribers know what is likely to happen next and where the FTSE is heading and when it will collapse again.

So, IF YOU WANT  -

1.  TO STAY AHEAD OF THE PACK

2. TO KNOW WHEN TO BUY AND WHEN TO GO SHORT

3. TO MAKE SERIOUS PROFITS FROM SHARE TRADING

Then join ShareHunter now and enjoy and profit from the Stock Market’ Ups and Downs

A Bottom on the FTSE Today – temporarily at least

Published on August 9, 2011 in Education, Market Reviews and ShareHunter News. 0 Comments Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , .

In our last ‘FTSE Forecast Report (available on request to admin@sharehunter.com) we showed the likely bottom on the FTSE 100 as at 4782 from which area a bounce back is likely. Here is the long term chart -

The FTSE 100 has made a low today at 4791 – close enough!! A rally should soon commence.

At this stage of the cycle we cannot be sure if 4791 will prove to be the final bottom – but we doubt that it will be. There may be a good pull back to the level of the neckline (the dotted line) before the Downtrend recommences.

In our weekly ‘FTSE Forecast’ reports we have been warning, for weeks now, that this big crash was coming so good profits have been made from shorting stocks during the last week and more profits will be made as the market rallies and then , probably, crashes back again!

The ShareHunter Analysis Saw the Risk of a Big FTSE Fall

Published on July 12, 2011 in Education, Market Reviews and ShareHunter News. 0 Comments Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , .

The opening two paragraphs of this weekend’s ‘FTSE Forecast’ Report, sent to all ShareHunter subscribers, warned of the danger of a big fall.

The ‘FTSE Forecast’ Report is summarised below – But don’t you think that it would be a good idea to keep yourself properly informed on where the FTSE is heading? You can subscribe for the weekly ‘FTSE Forecast’ and do just that. It is only £12 a month or, of course, you can subscribe for the full ShareHunter Alerts service and get up-to-the-minute top UK and US share tips plus daily stop-loss and profit-protection service. And the ‘FTSE Forecast’ then comes free.

You can join for the full service now by going to our Home page or you can just subscribe for the ‘FTSE Forecast’ by using this link -

https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=8NCBVH3W6UPCE

The ‘ FTSE Forecast’ Report on 10th July 2011 (extracts) -

The strength that the FTSE 100 showed the week before last ebbed away last week and left the FTSE 100 index with a ‘Gravestone Doji’ candlestick. This is normally interpreted as a bearish signal indicating a top reversal and, as the high of the week reached the heavy resistance area at 6055/6090, the creation of a new top has to be considered as a serious possibility.

It could also have serious consequences because, if a top does form, it would be the 4th top and the resulting fall could, therefore, approach being fast and furious -

FTSE 100 Weekly price chart -

Unfortunately, the FTSE 250 is not in a position to help clarify the situation. As expected, it has risen to test the strength of the resistance created by its May 2007 all-time-high value at 12236. From there last week it fell back to create a ‘shooting star’ candlestick pattern which is also normally interpreted as a bearish signal. But, again, conformation from the following (i.e. next) week is required for accurate interpretation

FTSE 250 weekly price chart -

There is not much help, strength or support coming from Wall Street either. The S&P 500 is finding the grip of the 1334/1350 resistance area too strong to escape from and, last week, it too gave a signal indicating the frustration and indecision existing in the market -

S&P 500 weekly price chart -

And, frankly, it is not really worth looking elsewhere in the World for opportunity just now. Much is written about the potential offered by the likes of Japan and, particularly, the emerging economies of China and India. Well, their major market indices are not looking very bright at all and, currently, do not even offer anything like the same degree of short term growth potential that is/might be available from the FTSE and S&P if those two indices manage an upwards breakout from the overhead resistance areas -………continued

When Will the Stock Market Correction End?

Published on June 13, 2011 in Education and Market Reviews. 0 Comments Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , .

Soon is the quick answer.

A full, free, technical analysis report giving support levels etc. is available on request to admin@sharehunter.com

This Stock Market correction will lead to a significant rally but there may be more falls to come first so don’t be in a hurry to start buying – but be ready because there are going to be some bargains to be had and some fast profits to be made.

There is Support for the FTSE 100 at 5770 So a Rally is Due Soon…

Published on June 13, 2011 in Education and Market Reviews. 0 Comments Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , .

The FTSE 100 is sitting above potential support in the form of the 5770 level and the 5720 level – being the ‘standard’ support of the -6.25% from the  recent run of highs at the 6100 area; there is also the 5594 level a bit lower which should provide support if needed as it is a standard support level of -8.33% from the highs which has already provided support once, back in March -

(click on chart to enlarge it)

The FTSE 100 is at a point of decision. It is swinging into a ‘Stage 3’ Topping Trend as the 2010 (‘Stage 2’) Uptrend has lost its momentum.

Although a ‘Stage 3’ trend is usually followed by a ‘Stage 4’ Downtrend it is not always the case and it can be that the index will yet break out to the upside again beginning another ‘Stage 2’ up leg. There is still time for it to do this before a proper ‘Stage 4’ Downtrend appears.

The current ‘Stage 3’ trend is shown on the chart below (the shaded area) together with the previous two ‘Stage 3’ trends in the last 5 years; one followed by a (long) Downtrend and the other by a further ‘Stage 2’ up leg -

The FTSE 100, weekly prices -

With the potential support at 5770 and 5720 there is some cause for optimism that this ‘Stage 3’ trend might not morph into a full blown ‘Stage 4’ Downtrend but rather return for a second leg Uptrend.

Another plus factor is that the rest of the UK market is continuing to move within a ‘Stage 2’ Uptrend with no signs (yet anyway) of swinging into a ‘Stage 3’ trend. It has to be observed though that the FTSE 250 index does have potentially strong resistance just above its present position in the form of its all-time-high price at 12236 -

The rest of the analysis, which includes the S&P 500 and the DJIA, is available on request to admin@sharehunter.com

Sell in May and Go Away? – No Way!!

Published on May 3, 2011 in Education and Market Reviews. 0 Comments Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , .

The old adage is well past its sell-by date as the nature of the stock market has changed, almost out of recognition, from the time that the saying was accepted as sensible; now with 24 hour markets and with internet trading and second by second arbitrage it really just doesn’t reflect of the realities of 21st Century investing.

Then, particularly, why sell and go away when the FTSE might be about to offer a big potential bonus.  At first sight this may not appear possible as the FTSE can be seen to be in danger of forming a triple top formation (from which it may crash). This is readily seen from the weekly price chart -

(Click on the chart to enlarge it)

But, in fact, the FTSE 100 is at an ‘Either-Or’ juncture (Either it is going to break upwards Or it is going to crash back).  What we now have is the picture of the FTSE showing the potential either for a triple top forming or for the alternative of a 4th attempt at a breakout above the 4 month-long resistance area (and 4th attempts are usually followed by a fast move!).

The daily price chart clearly shows how an “either -or” situation is at hand -

So, either the FTSE is going to burst upwards and give us all a glorious summer (the breakout could be followed by a fast upmove of several hundreds of points) or it is going to fail again and be liable to succumb to the usual reaction to a 3rd top which is to drop like a stone!

Daily prices are notoriously volatile and really do not always show the strength of the dominant trend and that is why we turn to the Weekly price chart to identify the main trend and the likely forward movement of the FTSE that it signals to us. Added to that is the analysis of what is happening on Wall Street as that will usually lead the way for the FTSE to follow.

All this information, and more, is available from the weekly ‘FTSE Forecast’ Report from Sharehunter.

FTSE, Dow, S&P, Nasdaq – Going Up?

Published on March 29, 2011 in Education and Market Reviews. 0 Comments Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , .

We may not be out of the woods and running clear (upwards) just yet – there is still plenty of potential to cause a major setback and a change in trend – but the market action over the last two weeks has confirmed our earlier analysis that the recent sharp downmoves were ‘normal’ short-term reactions within the dominant Uptrend.

The FTSE 100 has pulled itself back up above its important 30wk Moving Average and, with the continuation of its dominant Uptrend, it should continue upwards towards another attempt to break out above the 5974/6055 resistance area. Such a breakout, when it comes, is likely to be the signal for some fast up moves in share prices as the index enjoys the sense of freedom after such a long battle to achieve the breakout.

(Click on a chart to enlarge it)

Over on Wall Street, the S&P 500 has confirmed our analysis by signaling an end to the recent pull back and a return to increasing stock prices in line with its dominant trend (the Uptrend) -

The S&P 500 is rising, and gathering momentum, for another attack at the 1334/1350 resistance block. If/when it manages a breakout above 1350 then we can all look forward to some fast increases in share prices on both sides of the Atlantic.

The DJIA simply confirms this scenario as it has recovered and is now putting in another attempt to break above the 12300 resistance level -

US tech. stocks could also soon offer some fine growth opportunities (again) as the Nasdaq 100 manages to break back above the 2324 level resistance. There is a nice big ‘open’ resistance-free area above 2324 which could provide some exiting returns -

All in all then things are looking potentially quite rosy for share buying – but the emphasis, for the moment, has to be on the word ‘potentially’; each one of the major indices has resistance closely overhead and each has previously succumbed to and fallen back from that resistance. A second, or third, attempt to break above it could result in another sharp fall back rather than success.

Take care.

The Stock Market – to Rally or Crash?

Published on May 16, 2010 in Uncategorized. 0 Comments Tags: , , , , , , , , , , , , , , , .

Every one of the major market indices that we report on every week is currently testing the level of its 30wk moving average (‘MA’). Why is this worthy of comment? It is because it is a common result of a test of the MA that the index (or share price for an individual stock) changes direction.

So for an index that has been falling and is now testing the level of its MA it is quite possible for it to now change direction and to rally. And that is exactly what might now happen for all of the major indices – but with the possible exception of the FTSE 100. We need the price action this week to confirm the direction change but the FTSE 250, the FTSE SmCap, the S&P 500, the Dow Jones Industrials and the Nasdaq 100 are all fallen to, and are now testing, the current level of their MAs and starting to bounce back.

The exception is the FTSE 100 which has already fallen through its MA. It has found temporary support at the important 5108 level and has managed to rally slightly – but only up to the level of its MA. In other words, if the usual result of a test of the MA level – a change in direction – occurs then the FTSE is due to fall again, not rally.

In this regard it is the FTSE that is out step with the rest of the major indices. It was only a couple of weeks ago when the FTSE led the rest of the world by falling sharply when all the other indices were reflecting an upward tendency that we suggested that it was unlikely that the FTSE was leading the way! We will not then make the same claim now as we could be a  wrong again. However, it has to be observed that with 5 other major indices suggesting that a rally may now be due the bias favours a rally for the FTSE 100 up from the 5108 support level.

The alternative scenario is that, if the FTSE is, again, showing the world’s markets the way to go then all are due for some steep falls and the FTSE itself will be due a damaging fall and, perhaps, to move into a longer term ‘bear’ trend. But, for the moment, this is the more distant scenario.

Individual market commentary and illustrative charts are available at http://www.sharehunter.com/news/market-review/

My Thoughts on the Stock Market – Alan Saunders, Chief Analyst, ShareHunter

Published on January 13, 2010 in Education and Market Reviews. 0 Comments Tags: , , , , , , .

Today is the second consecutive day of a price correction. Is this the start of a more general decline that so many commentators have been expecting? I don’t think so. In fact, at the moment, all of our analytical signals point to a further market rise being likely.

The dominant trend of the market is an Uptrend. This Uptrend started back in August’09 after a 10 month Basing trend (which followed the big 2007-08 Downtrend). Since last August there have been several small corrections but none has lasted more than 2 weeks. I see no reason (yet, anyway), why this one should be any different. It really is a case of whether this correction will involve just 1 week or 2.

Our proprietary Momentum Indicator has turned from positive to ‘undecided’ and this could indicate that the current downturn may run into a second week. Of itself that need not present any serious threat to the Uptrend (it being likely to resume in week 3) except that the 1111/1122 area of the S&P 500 index is critiacl for Wall Street and for the FTSE in London.

If the 1111 level on the S&P 500 is broken to the downside then the danger of a fast and more composite downmove in share prices becomes very real.

If, as we currently suspect, this is just a 1 or 2 week gentle correction then, as we have previously reported, we expect the FTSE 100 to retrace back to 5370 or, possibly in a second week, to the 5200 level and then to resume its climb up to the 5770 level and, possibly, nearer to 6000.

On the other hand, if the S&P breaks down below 1111, we can anticipate the FTSE 100 giving up its current Uptrend and being in danger of a steep fall possibly as far back down the scale as the 4660 level.

So, it is very much the case of “watch this space” or, rather, “watch the S&P 500″.

The FTSE could get to 6000 quite soon

Published on January 10, 2010 in Education, Market Reviews and ShareHunter News. 0 Comments Tags: , , , , , , .

The benchmark S&P 500 index pushed determindly up through the 1122 level of resistance last week (after may weeks of trying) closing the week at 1145.

If this is not a one or two week flash-in-the-pan (and there is little to suggest that it is) then the index could noww ramp up another 10% or so. In which case it is likely to drag the FTSE indices up with it.

Thus we can now look forward to the prospect of the FTSE 100 not only reaching the 5770 level quite soon but possibly exceeding it and moving close to the 6000 level. The FTSE 250 is not, though, now looking quite so robust although it is in process of breakingout above the 9610 resistance level. In fact, in the absence of any seriously bad news, the FTSE 250 could scrabble up to test the 10,500 level – but that is far from looking certain just now and the 10,000 level may prove to be its nemesis.

Overall though the picture presented by the charts is one of continuing uptrends on the major markets pushing share prices higher for a while yet.

Individual market commentary and illustrative charts are available at http://www.sharehunter.com/news/market-review/