Author Archives: Mark Rivest

Declining into a Value Area – 8/22/22

On 08/22/22 US stocks had a sharp and deep decline, the low of the day was just above a Volume Profile – value area.  Its possible the decline ended on 08/22/22 or could  end on 08/23/22.  The Volume Profile method illustrates volume on a vertical axis  that shows where the heaviest volume was related toContinue reading “Declining into a Value Area – 8/22/22“

The Interest Rate Bull Market – Part Two

The 08/07/22 blog “The Interest Rate Bull Market” examined the long-term evidence that interest rates were now in a bull market.  This  blog  focuses on the intermediate – term view and additional bullish evidence. The weekly 30-Year Treasury Bond Yield (TYX) chart courtesy of Trading View illustrates the bull move since March 2020. The recentContinue reading “The Interest Rate Bull Market – Part Two”

Stocks Nearing an Important Top? – 08/12/22

Stocks in the second half of August can sometimes  form important tops.  Two prominent examples  are the peaks US stocks made in August 1929 and August 1987.  The subsequent declines were rapid and deep.  Evidence is  mounting that an important stock market  top could be forming  in August 2022.  The weekly S&P 500 (SPX) chartContinue reading “Stocks Nearing an Important Top? – 08/12/22“

The Interest Rate Bull Market

The longer-term trends for interest rates can continue for decades.  Powerful evidence indicates that a nearly 40 – year bear market for US interest rates ended in 2020. The shortest-term US government debt instruments are 90- day/13- week Treasury bills. The monthly chart of  13- week Treasury rates  (IRX) courtesy of Trading  View shows itsContinue reading “The Interest Rate Bull Market”

   Historic Stock Market Tops

Almost all markets have seasonal tendencies, for stocks September to October are usually bearish.  A review of important stock market tops reveals what can occasionally happen during the September to October time  frame. The daily Dow Jones Industrial Average (DJI) chart courtesy of Trading View illustrates  the infamous 1929 stock market crash. The first tradingContinue reading ”   Historic Stock Market Tops”

Possible Short-Term Top – 08/03/22

Today 08/03/22 the S&P 500 (SPX) had a high of 4167.66 just below a double top made on 06/02/22 and 06/06/22. The hourly SPX chart courtesy of Trading View illustrates the action. Both the hourly RSI and MACD have bearish divergences. Its possible a short-term top could be in place at the 08/03/22 high ofContinue reading “Possible Short-Term Top – 08/03/22”

Could the UK 100 be a Global Stock Market Indicator?

The 05/29/22 blog “UK 100 Could Soon Make an  All-Time High” noted how close the UK 100 (UKX) was to making  a new 2022 high and possibly an all-time high.  Two – trading days later the UKX peaked just below its  April top, then declined through most of June. Subsequently on 07/14/22 UKX  made aContinue reading “Could the UK 100 be a Global Stock Market Indicator?”

Market Fuel Gauge

Market  momentum oscillators  such as  Stochastic and RSI can be used to measure the length of a  price  movement, think of them as  fuel gauges.  A  review  of some S&P 500 (SPX) momentum oscillators  illustrate  the potential remaining  fuel.     The monthly SPX chart courtesy of Trading View illustrates  long-term momentum. This chart was  firstContinue reading “Market Fuel Gauge”