Tuesday April 3
All these titles appeared last week before the 700+ point M
Weekly Market Review & Outlook - Green Shoots Appearing
Art Hill
THE FIRST QUARTER WASN'T THAT BAD FOR STOCKS -- THE VANGUARD TOTAL STOCK MARKET ETF LOST LESS THAN 1% -- SOCIAL MEDIA ETF IS BOUNCING OFF CHART SUPPORT -- SO IS AN ETF OF BANK STOCKS -- GLOBAL X COPPER MINERS ETF BOUNCES OFF ITS 200-DAY AVERAGE -- A STRONG NYSE ADVANCE DECLINE LINE SUPPORTS BULLISH TREND FOR STOCKS
Bottoms Up?
Is the market forming a double bottom? Short-term indicators suggest the bottoming process is nearly complete
Wednesday's Reversal In NASDAQ 100 Volatility Gauge Could Signal End Of Selling
Technology And Financials Bounce Back Strongly, U.S. Equities Surge
Buy Low, Sell High: Three Entry Zones Into Enticing Double-Bottom
The markets have served up an enticing double bottom on a silver platter. How should you trade it?
All these writers are still captivated by the 9 year bull market and in particular the 20% rise since the Trump election. But the nine year cycle is taking hold reversing nine years of gains. And to cap it off we have the perfect fundamental event to verify the technical, the Trump 'trade wars are easy to win' fiasco.
A tenet of socionomics is that social mood is unconscious, unremembered and constantly fluctuating. Clearly none of these writers are recalling the top in Fall 2007 and then the dizzying collapse in 2008.
Reversals to the down side in the uber reliable NYSE A/D indicator are rare, but here it is
This indicator fell to the February low, then recovered. But then another crossover occurred to the downside and yesterday the A/D line failed at the two EMAs again.
This is bearish, period.
Notice Donald has stopped talking about the stock market. Richard Nixon was finally left alone by his party having no choice but resignation. With so many Republicans not running, and now the Democrats are running non Democrats, hey Marines know how to get things done. After losing 900+ seats in the last eight years and then both houses and the Presidency, the Dems really have to put up an entirely different image, and they are.Think the Jim Webb gambit.
So, I am wondering if the Republicans are willing to cede the House, let the Dems impeach Trump or at least talk about it for two years, and then blame it all on Trump and be rid of him once and for all. As few friends as he has cultivated in Republican ranks, that is not a far fetched scenario.This weekend we hear a rumor of Ryan surrendering the Speakership.
And this scenario matches the background of the 1973-74 sell off.
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