Stock Market Timing Week in Review
Watch accompanying market timing video.
Good news this week on the tax update, a technology rebound of sorts, and an excellent jobs report on Friday helped traders go home happy on Friday.
We still have the government shutdown to contend with. Congress managed to arrange an interim spending bill that avoided the shutdown this past week. However, they still need to agree on a broader budget arrangement by the end of the year.
The stock market demand/supply balance still shows decreasing demand which keeps a muted tone on the market timing update this week.
Stock Market & Sector Strength Summary – Profitable Investing
Although demand for stocks has fallen off, prices have managed to stay near highs – at least for the leading sectors, Financial, Consumer Staples & Discretionary, and Industrials.
Stock Market Timing
Stock Market Overview
Signs of investor concern started showing in stock market trading this week.
The Dow Industrial average jumped by approximately 700 points or almost 3% this week.
Profitable Investing VTI
As the Dow accomplished its levitating act the NASDAQ did its version of a swan-dive from the 15 meter board by shedding about 41 points or about 0.60%.
This type of stock market divergence typically is not a good sign.
Investor action is largely driven by the perceived effect of President Trump’s tax plan.
Actually passing the tax plan is completely separate issue!
Throw into the mix the possibility of a government shutdown in early December and you have a great recipe for nervousness.
However, the ongoing economic and company earnings news remains positive.
But that Shooting Star and Hanging Man candlestick shown in the broad stock market image should not be ignored!
Judging from the Market and Sector Strength table this might be a good time to Continue reading
Profitable Investing Stock Market Update for the week ending 11/24/2017
Market & Sector Strength Analysis
Market and Sector Strength Analysis – Profitable-Investing.com
The broad market rebounded from the weakness of last week. Even the day before Thanksgiving and the day after were strong days. Unusual for days before long holidays.
The market strength image shows the weakening from last week and the solid return to strength of the last several days.
The Total Market Index (VTI) and the S&P500 are currently showing demand higher than supply causing prices to increase through the week.
Click this link to view the daily updated Market and Sector Strength table.
Profitable Investing Stock Market Update for the week ending 11/17/2017
Stock Market Sector Strength Analysis
Stock Market Sector Strength Summary Chart for 11/17/017
As stock market trading continued after GE’s bombshell announcement – Honey, I shrunk the company! – broader sector strength weakness continued to develop.
The VTI or Total Market Index still shows strong on the sector summary chart. However, a quick glance at the sector strength detail page shows that the broad market is perilously close to a yellow status.
Profitable Investing Market Guide Update
The Profitable Investing Market Guide indicator ended the week in the mildly bullish position.
This indicator is updated daily shortly after the close of the market. Subscribe for daily updates sent to your email.
Profitable Investing Market Guide
Mildly Bullish is an indication that stock ownership is warranted but caution should be the watchword for taking on new stock positions.
Weekly updates of stop-loss and profit keeper prices is suggested on current positions.
View the current portfolio holdings and suggested stop prices on the stock portfolio page.
Stock Market Sector Analysis
As shown by the Sector Analysis Summary Chart, the broad market remains in high Continue reading
Profitable Investing Update for the week ending on 11/3/2017
Stock Market Review
The stock market continued to digest the gains of recent weeks.
The activity this week included two serious down days with evidence of profit taking by shorter term investors. Our portfolio was stopped out of 5 positions this week, but gains were protected in each of those transactions. See below for details.
Profitable Investing Market Guide
An end of week rally of sorts occurred on Friday.
Overall the posture remains Bullish but with a fair amount of caution being the watchword for next week.
Although we did take on two positions early in the week, there Continue reading
3 Strategies For Investing Success In The Current Stock Market Environment
The Stock Market Continues To Rebound From Sell-Offs In True Bull Market Fashion
As usual, many doomsayers and prognosticators are predicting a stock market crash and the end of the world just around the corner. Should you change your investment strategy based on what they say?
Strategy 1 – Purchase And Own Growing Companies
Stock prices are mostly driven by company earnings and company earnings have been rising. Projections are that they will continue to rise until…. well, until they don’t.
Stock Market Earnings
When will that be?
No-on knows but there is no shortage of people who say they know.
The facts are that hundreds of companies reported earnings this week. The data shows that 55% of S&P500 earnings have been reported so far and 76% of those companies have reported positive earnings surprises. Further, 67% of those companies have beaten their own sales estimates.
That is very good! Continue reading