Category Archives: Market Condition

Schaeffersresearch.com: Chartadvisor.com: Both websites are painting a similar picture: while the last week’s market movements is positive, the indexes are still within a trading range.  Most of these indexes are approaching the higher end of the trading range, making it … Continue reading →

Schaeffersresearch.com: “Our takeaway is that this is a market that has the proper sentiment backdrop for a major V-bottom, but the technical backdrop is not as supportive. So, in the absence of a catalyst, the pressure to unwind bearish bets or … Continue reading →

Schaeffersresearch.com: although the market has been miserable, there are signs of a market bottom: VIX stayed below 50, hedge fund appears to be buying again, etc.  They even recommend investors to “dip your toes into highly shorted equities that are trading … Continue reading →

Schaeffersresearch.com: the markets now look pretty bearish.  However, there is some hope: VIX is still below 50 (a critical area to watch). Chartadvisor.com: bearish. My take: the markets remain very choppy.  The real question is whether we have hit  the bottom … Continue reading →

Schaeffersresearch.com: bullish.  Major indexes held the support levels (SPX above 1100 and 40 month moving average), RUT above 650.  VIX is of special interest.  Since 1996, VIX at its peaks always represented great buying opportunities (Did you hear news reports … Continue reading →

ChartAdvisor.com advises investors to be cautious.  It believes there is a chance of near term bounce and the stocks are cheap in long term views.  But the markets will take some time to stabilize. Schaeffersresearch.com: The 2nd part of this post … Continue reading →

Schaeffersresearch.com: debt ceiling resolution or the lack thereof is the trigger now.  The problem is that the market has not factored in the possibility of a default or a downgrade of US credit rating.  Should a default or credit rating … Continue reading →

Schaeffersresearch.com: very bullish long term.  They are predicting a year end rally. Chartadvisor.com: none available for this week. Vix: 17.52. Risk factors: obviously the debt ceiling issue is going to affect the market this week.  With both parties caring more … Continue reading →

ChartAdvisor.com thinks the markets are uncertain now.  It may continue upward to eventually break out or go downward to breakdown the June lows.  It asks for patience and caution. Schaefferesearch.com is, however, more bullish.  SP500 support 1295-1305.  Resistance: 1333-1340.  A higher … Continue reading →