Daily Stock Market Update & Forecast – April 4th, 2018
– State of the Market Address:
- The Dow is back above 24,000
- Shiller’s Adjusted S&P P/E ratio is now at 31.63 Slightly off highs, but still arguably at the highest level in history (if we adjust for 2000 distortions) and still above 1929 top of 29.55.
- Weekly RSI at 50 – neutral. Daily RSI is at 47 – neutral.
- Prior years corrections terminated at around 200 day moving average. Located at around 19,000 today (on weekly).
- Weekly Stochastics at 18 – oversold. Daily at 36 – neutral.
- NYSE McClellan Oscillator is at +15 Neutral.
- Commercial VIX interest is now 38K contracts net short.
- Last week’s CTO Reports suggest that commercials (smart money) have, more or less, shifted back into a net bearish position. For now, the Dow is 2X net short, the S&P is at 5X net short, Russell 2000 is 4X net short and the Nasdaq is neutral.
Having said that, if you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here.
ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.
The FED Is The Real Enemy- Why Trump Is Barking At The Wrong Tree On Almost Everything
Investment Wisdom Of The Day
Daily Stock Market Update & Forecast – April 3rd, 2018
ELLIOTT WAVE UPDATE:
Since many people have asked, I will attempt to give you my interpretation of Elliott Wave and how it is playing out in the market. First, I must admit. I don’t claim to be an EW expert, but I hope my “standard” interpretation is of help.
Let’s take a look at the most likely recent count on the Wilshire 5000.
Explanation:
Long-Term: It appears the Wilshire 5000 is quickly approaching the termination point of its (5) wave up off of 2009 bottom. If true,we should see a massive sell-off later this year. Did it already complete? Click Here
Short-Term: It appears the Wilshire 5000 might have completed its intermediary wave 3 and now 4. It appears the market is now pushing higher to complete wave 5 of (5). If true, the above count should terminate the bull market. Did it already complete? Click Here
If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here.
ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.
The West Is Sleepwalking Into A Nuclear War It Cannot Possibly Survive
While most red blooded and blissfully ignorant Americans are concerned about a caravan of refugees approaching its southern border, Russians are preparing for an all out nuclear war.
A Russian former general has warned the world is on the brink of ‘the last war in the history of mankind’ amid the diplomatic fallout over the poisoning of a UK spy.
Evgeny Buzhinskiy, who served 41 years in the Russian military, said expelling diplomats from the EU and US after Sergei Skripal and his daughter Yulia were poisoned in Salisbury is creating a situation which is ‘worse than the Cold War’.
Asked to explain himself, Mr Buzhinskiy added: ‘A real war. Worse than the Cold War is a real war. It will be the last war in the history of mankind.
I first published my Nuclear World War 3 report nearly 10 years ago. At that time President Bush and Mr. Putin were the best of friends and most people have thought I had lost my mind. How things have changed in 10 years.
Yet, what you are seeing above is just a beginning. Make no mistake, Nuclear World War 3 is just around the corner. Luckily, we know exactly when it starts and how it ends. If you would like to find out more, please Click Here
Investment Grin Of The Day
Daily Stock Market Update & Forecast, April 2nd, 2018
– State of the Market Address:
- The Dow is back below 24,000
- Shiller’s Adjusted S&P P/E ratio is now at 31.55 Slightly off highs, but still arguably at the highest level in history (if we adjust for 2000 distortions) and still above 1929 top of 29.55.
- Weekly RSI at 46 – neutral. Daily RSI is at 38 – neutral.
- Prior years corrections terminated at around 200 day moving average. Located at around 19,000 today (on weekly).
- Weekly Stochastics at 12 – oversold. Daily at 21 – oversold.
- NYSE McClellan Oscillator is at -36 Neutral.
- Commercial VIX interest is now 38K contracts net short.
- Last week’s CTO Reports suggest that commercials (smart money) have, more or less, shifted back into a net bearish position. For now, the Dow is 2X net short, the S&P is at 5X net short, Russell 2000 is 4X net short and the Nasdaq is neutral.
Having said that, if you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here.
ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.
