Global and US Market Strong Weak Rankings

[Dennis3450]

FANG stocks lead by Netflix and Amazon look ready to lead market higher,

[Dennis3450]

I have been busy and missed this text book pinbar reversal in the Gold Miners, Gold is also having a big day, Silver is up but lagging behind gold. Could this be the breakout year for metals, it is looking good so far

[Dennis3450]

Walmart pulls back to key support

Walmart was at all time high just a few weeks ago and was up almost 100% over last two years, This is my “better than under the mattress stock”

[Dennis3450]

The technology sector is the first of my 22 ETF’s to completely recover from the sell off earlier this month.

[Dennis3450]

Let us get this thread going again, lots of action outside of FOREX so let’s dive in.

US Fed is expected to cut rates this week, I see small caps as a possible beneficiary of this move. If that holds true then my play is the Russell 2000, this major index has been a lagger this year and the only major index not to be at new all-time highs, If money starts flowing back into this index, there is a lot of upside potential here.

[Dennis3450]

Looking at my list of 22 ETF’s I track for Market strength and weakness, if you look back a few post ago when the last time I posted this list back in February of 2018, 8 of the 10 from 2018 are still in the top 10 here in 2019. This shows what a strong and consistant trend this market has been in

[alphahavoc]

Looking at my list of 22 ETF’s I track for Market strength and weakness

How do you do that? Go thru each chart one by one and analyse by means TA or is there something else similar to strong weak ranking for currency?

[Dennis3450]

weekly chart shows big selloff following the market getting exactly what they wanted a rate cut.

We have seen these selloffs before and August/September tend to be the worst months of the year for stocks so we could see more selling in the weeks to come, no reason for it to last and I will be a buyer as prices move lower

[Dennis3450]

it has been a long time since we have seen a 1,000 point selloff, still 1 hour to go till closing, if we get a late rally that would be good, a close at the low will mean more selling tomorrow. This has everything to do with china

[Dennis3450]

Gold and Silver major breakout moves, Stocks are down but reversing, now is not the time to panic sell

[Dennis3450]

one day of trading left this week but that is a strong looking bullish pin bar we have on the weekly chart, if the market is up or flat tomorrow look for testing of old highs in the next couple of weeks

[Dennis3450]

If you listen to the Investor news shows you might be in a panic and think a recession has begun, but before you react to what others are saying, take a step back and look at the weekly chart, does the last 4 weeks really look that bad, is it any worse than the other pullbacks we have seen this year

[Dennis3450]

While stocks struggle here , Gold and Silver are on the move.

[Dennis3450]

Stocks rally late in the week as cracks form in Dems latest political coup, Clearly, this stock market wants Donald Trump to stay, and Dems seem to have no regret if their coup wipes out billions in peoples retirement accounts

[Dennis3450]

Between China trade deal and Fed bond-buying program ( QE Forever ) US stocks saw huge gains only to give half back by the close. Friday’s daily candle looks like a falling star pin bar, the good thing is nothing really negative on the weekly chart, so maybe we pull back a little further, fill in Friday’s gap and move higher. Politics and the Fed is weighing heavy on short term moves so expect some volatility

[Dennis3450]

Buy signal for Utilities, buy the dips

[Dennis3450]

Mixed week for stocks as 14 of my 22 ETF’s posted green weekly candles, New yearly highs in SMH, XHB and RWR but only the Homebuilders and Reits held their gains. best buy signal for buying the dip might be in XLU and XLP

[Dennis3450]

Markets continue to push higher, as I post this the DOW, S&P and Nasdaq are all at all-time highs

[Dennis3450]

shot-term bearish daily candle in the Transports

[Dennis3450]

The more the “experts” call for a recession and market collapse the higher we go, Turn off CNBC, ignore Fox Business unsubscribe to financial channels on YouTube. These people have no clue when this bull market will end