Category Archives: Sentiment

   “Growth” of $10,000

The speculative forces  that drive Stocks  and  Bitcoin roughly trend together. The daily S&P 500 (SPX) and Bitcoin in US dollars (BTCUSD) courtesy of Trading View illustrates their relationship. Both made tops in early 2020 and had crash bottoms March of 2020.  BTCUSD made its all-time high on 11/10/21 the SPX topped on 01/04/22. OctoberContinue reading ”   “Growth” of $10,000″

Momentum and Sentiment Indicator Review – 05/13/22

The 05/12/22 blog “ Nasdaq is  Extremely Oversold”  illustrated the weekly Nasdaq Composite – Slow Stochastic. The weekly Nasdaq Composite chart (COMP) courtesy of BigCharts.com updates the action. Weekly Slow Stochastic now has a bullish lines crossover in the oversold zone.  Additionally, COMP went deeply below the lower Bollinger band and has  moved back aboveContinue reading “Momentum and Sentiment Indicator Review – 05/13/22”

US Stock Market Momentum and Sentiment – Part Two – 05-02-22

Today 05/02/22 the S&P 500 (SPX) went below its 02/24/22 bottom eliminating the bullish divergence  of only the Nasdaq Composite (IXIC) making new  decline lows.  While eliminating the bullish divergence  there are others made by the new SPX low. The combined daily SPX and VIX chart courtesy of Trading View illustrates  the  bullish divergences. TheContinue reading “US Stock Market Momentum and Sentiment – Part Two – 05-02-22”

US Stock Market Momentum and Sentiment 04-29-22               

On 04/29/22 the US Stock market represented by the three main stock indices; S&P 500 (SPX), Dow Jones Industrial Average (DJI), and Nasdaq Composite (IXIC) wiped out a powerful rally made on 04/28/22.  Could this be  the start of a crash?  Perhaps, anything is  possible.  However, a review of momentum and sentiment readings  for USContinue reading “US Stock Market Momentum and Sentiment 04-29-22               “

Examination of the Weakest Main US Stock Index

From 04/21/22 to 04/27/22 the main US stock indices, Dow Jones Industrial Average (DJI), Nasdaq Composite (IXIC), and S&P 500 (SPX) had a powerful and sharp drops.  Today 04/28/22 the US Gross domestic product report indicated a  1.4% contraction in the first quarter of 2022. All three main US stock indices rallied  strongly on theContinue reading “Examination of the Weakest Main US Stock Index”

Could US Stocks Rally Until August 2021?

Typically, “window dressing” occurs on  the last trading day of a quarter. Stock fund managers buy top performing stocks on the last trading day of the  quarter to show they have these winners in their portfolios. This usually causes an upward move in at least one of the three main indices.  The S&P 500 (SPX)Continue reading “Could US Stocks Rally Until August 2021?”

Bearish Momentum and Sentiment Signals – Part Two

My original intention was for this blog to give a comprehensive view of evidence from all four market dimensions: price, time, momentum, and sentiment.  There’s just too much data, so this post will focus on additional long- and short-term momentum/sentiment evidence. The weekly S&P 500 (SPX) chart courtesy of Trading View  illustrates long-term momentum/sentiment signals.Continue reading “Bearish Momentum and Sentiment Signals – Part Two”

Bearish Momentum and Sentiment Signals – June 2021

June 15,2021 could be an important date in the history of the US stock market.  In the first minute of trading the S&P 500 (SPX)  made a new all-time high then went down. Also, the daily VIX recorded a higher bottom vs. the SPX new high. As noted in several blogs this is a reliableContinue reading “Bearish Momentum and Sentiment Signals – June 2021”