stock market update - stock market update

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stock market update - stock market update 

"stock market update - stock market update" 

 Sentiment Trader have spent many more hours studying the charts so we can help our AWESOME  ==> our VIP MEMBERS here <==  what the  best stock market forecasters are saying what about the market? What this all about..... See below. 

If you take a look at the last 30 years the S&P is around 17 times. So when you take a look where the market is right now at ......  and you take a look at the earnings estimate for 2018 that means the market is trading at 17 and a half times. So its really not that expensive. 

The market had its first major red day in a month, and people are panicking but should . This is quite interesting. 

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Our Members here => VIP members here    were told, We think when you take into consideration 11.5% earnings growth, and 17 and half times, and the slight chance of a tax reform passing through white house, and factor in also the economy is moving forward at a steady pace. Some of the economic news and job growth and manufacturing is good, and the retail space is excellent and the service sector is strong. We think that there is a fair chance to say that the market can actually start to go higher soon. Of course we can be wrong, but we are playing with economics 101 here. 

So what could actually derail the rally though? that is a topic hot on the lips of investors. You have to ask that question there, because its almost every day we continue to see record highs on the stock market. 

I guess, we could worry about north Korea, you could worry about natuarl disasters, you could worry about failure of Europe. But there is no real way to petrify those considering concerns. The things we really focus in on is are we doing well? are corporate profits doing well? and yes they are! 

Is the outlook for earnings growth looking better. And we think that yes, that is the case. Is the economy moving forth, both inside the USA and globally. 


so while looking at these facts there are lots of reason to be in the market, but what we want to be looking at are the reason why we should NOT want to be in the market, and at the end of 2017 these reasons are getting harder and harder to find. 

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Stock Market Update - Latest stock market update

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Stock Market Update ?

Stock Market Update 

Stock Market Update - Current Stock Market Update

U.S. stocks closed near the flatline on Thursday as investors looked ahead to a key employment report.

"I think a large part of it is a good jobless claims number, which certainly gives more weight to tomorrow's jobs report," said Eric Wiegand, senior portfolio manager at the Private Client Reserve at U.S. Bank.

The Dow Jones industrial average closed about 10 points lower, with Wal-Mart and American Express contributing the most losses. The S&P 500 closed just above the flatline, with materials leading advancers and health care the top decliner. The Nasdaq composite dropped 0.17 percent, as the iShares Nasdaq Biotechnology ETF (IBB) fell more than 2 percent.

The three major indexes had traded further below the flatline earlier in the session, with the Dow falling 118.06 points at session lows.


The stock market and in this case the US indicies or DOW JONES has been going sideways for weeks now. We can still say the market is keeping afloat and not taking a PANIC ATTACK biscuit over interest rates, LOWER VIX and the brexit news that will come to the forefront next month! You can see the DOW has been treading water in between exactly 18000 and 18400 with the next move probably going to be significant!. 

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The Labor Department is scheduled to release its September jobs report on Friday, with economists polled by Reuters expecting the U.S. economy to have added 175,000 jobs and unemployment holding steady at 4.9 percent.

"The market is processing the likelihood of a Fed rate hike. If you look at the yield curve, it's higher. I think investors looking for yield are reconsidering some of their holdings," said Kim Forrest, senior equity analyst at Fort Pitt Capital.

"We expect jobs growth to continue in health care, tech and finance," said Andrew Chamberlain, chief economist at Glassdoor, adding he expects the U.S. economy to have added 176,000 jobs last month. "The labor market is very strong. This is pretty unusual heading into an election." "Such low unemployment numbers are talking some of the most pessimistic talking points off the table."

The jobs report will come on the back of upbeat U.S. data released Wednesday, including the strongest print on the ISM non-manufacturing index for the year. On Thursday, weekly jobless claims fell to 249,000.

"A weak Jobs Report on Friday would erase any of the positive sentiment gained with yesterday's strong number," said Jeremy Klein, chief market strategist at FBN Securities..  -    Source : Cnbc.

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stock market update - sentiment trader stock market update

stock market update - sentiment trader stock market update

stock market update


U.S. stocks closed higher on Friday amid news regarding Greece and after the release of three more economic data sets while investors' focus shifted back to the Federal Reserve.

We think the big announcement is the FED meeting in SEPTEMBER where Yellen and her slew of morons, will try to work out if they actually do RAISE rates. Until then, all we get is rumors, rumors, rumors. So do not fall into that trap.

U.S. equities hit session highs less than an hour ahead of the close as news about the euro zone confirmed it agreed to launch a new bailout program for Greece. Before then, the three major indexes traded in a range similar to that of Thursday.

Stocks closed near the flatline on Thursday after giving back the bulk of their gains less than an hour ahead of the close, despite worries about China largely dissipating as investors digested a slew of economic data.

Big picture, We think we're still contending with some of the ripple effects of of what's going on in China, and The GREEK news is back on the table. They are in all sorts of problems over there.

China devalued its currency this week, the yuan, by over 3 percent against the greenback, taking global markets by surprise.

The major indexes managed to eke out gains for the week despite the volatility brought about by the yuan's depreciation. The Dow Jones industrial average gained 0.6 percent, while the S&P 500 rose 0.68 percent. The Nasdaq rose just 0.9 percent as biotechnology stocks fell 1.25 percent for the week.

Right now you can see the SPX has been forming what we call in technical analysis a SYMMETRICAL TRIANGLE. 

Basically triangles form because the buyers and sellers are tussling and no one is winning or taking control right now. Eventually one side will win, and you get the BREAKOUT OR BREAKDOWN. So far its a bit too early to tell, as we are still inside the triangle pattern itself. So its anyone's game right now. 

 With the FRIDAY close Today closing near the upper falling resistance line. This makes it very interesting for next week. As sooner or later these triangles break, and it seems its trying to break to the upside, but alas, we  are going to have to wait till next week no doubt, as there is a slew of data and news coming out then. But its an interesting pattern setting up. See the chart below.....

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stock market update - sentiment trader stock market update

stock market update

As you can see the three main markets stacked up on top of each other to make it easier to view.

There is so much drama right now, and the markets around the globe are getting hit! The GREEK news is resurfacing, the Chinese market has been crashing, and the govt in China are doing everything in their power to try and stop the "bloodletting!" even revaluing their currency to try and make things right. But even that is not helping, OBVIOUSLY!!

I will state the obvious about this chart you can see below.

1) DOW JONES, is fairly supressed, it is well under the 50 day moving average. It is still looking kind of weak. 

2) The LEADER of the market or the dow jones transports chart is sitting right on the 50 day moving avererage. Normally this is a good sign, but we will want it to go up and break through this line convincingly. So far that is not the case, but we must watch this over the coming days. 

3) The UTILITIES sector is heading up fast to new highs. Its one of the sectors outperforming lately with the GREEK CRISIS, and the CHINESE stock market drama. This is a sector to keep your eyes on in the coming week, that is for certain. 

I cover more and more technical analysis ==> HERE in our VIP members section.

stock market update

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