Category Archives: U.S. Indexes

U.S. Dollar Index will test major support around 91

Major downtrend, intermediate downtrend and near-term downtrend for the U.S. dollar index. Why does this matter? One example is the inverse relationship with commodities which are priced is U.S. dollars. This is one factor for the near-term uptrend in the price of West Texas Intermediate (WTI) crude.

U.dollar index will test major support around 91.

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“What is the major tend? What is the intermediate trend? What is the near-term trend?”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2017 TradeOnline.ca

S&P 500 up 19.42% for 2017

S&P 500 Index showing the performance by sector for 2017.

The S&P 500® is widely regarded as the best single gauge of large-cap U.S. equities. There is over USD 7.8 trillion benchmarked to the index, with index assets comprising approximately USD 2.2 trillion of this total. The index includes 500 leading companies and captures approximately 80% coverage of available market capitalization.

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“What is the major tend? What is the intermediate trend? What is the near-term trend?”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2017 TradeOnline.ca

Nasdaq hits a record joining the Dow and S&P 500

Nasdaq hits a record and now joins the Dow and S&P 500.

Nasdaq Hits a Record

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“Technical Analysis is about identifying and following the appropriate trend.”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2017 TradeOnline.ca

What did the trader on the NYSE see today?

NYSE trader with a premonition.

https://www.reuters.com/article/us-global-markets/world-stocks-lower-u-s-treasury-yield-gap-shrinks-idUSKBN1E803L

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“Technical Analysis is about identifying and following the appropriate trend.”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2017 TradeOnline.ca

Enjoy this bull run which is nearing the record timeframe without a 10% correction

https://www.marketwatch.com/story/goldman-says-highest-valuations-since-1900-leave-investors-in-for-a-world-of-hurt-2017-11-29

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“Technical Analysis is about identifying and following the appropriate trend.”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2017 TradeOnline.ca

VIX still at extreme low as 2017 draws to a close

What would it take to move the VIX?  Maybe I shouldn’t ask this question.

VIX at extreme low.

What is the ‘VIX – CBOE Volatility Index

VIX is the ticker symbol for the Chicago Board Options Exchange (CBOE) Volatility Index, which shows the market’s expectation of 30-day volatility. It is constructed using the implied volatilities of a wide range of S&P 500 index options. This volatility is meant to be forward looking, is calculated from both calls and puts, and is a widely used measure of market risk, often referred to as the “investor fear gauge.”

https://www.investopedia.com/terms/v/vix.asp

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“Technical Analysis is about identifying and following the appropriate trend.”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2017 TradeOnline.ca

S&P 500 historical PE Ratio

This chart is the starting point for a valuation discussion

S&P 500 historical PE ratio

http://www.multpl.com/

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“Technical Analysis is about putting the probabilities on your side.”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
© 2017 TradeOnline.ca