Posts Tagged ‘key levels’

Key Levels to Watch in the S&P 500

Key Levels to Watch in the S&P 500

Courtesy of Adam at Market Club

Well here we are in the month of December and things can get pretty tricky this month. For this reason, I wanted to produce a video that I thought would be helpful to you during this time.

In my new video I show you the exact points that we’re looking at for a major trend change in the S&P 500. I also point out the exact number that will show an exit point, but not a major trend change, in this same index.

Click here to watch the video.>>

Adam Hewison
President, INO.com
Co-creator, MarketClub

 


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Zero Hedge

Americans Plan To Significantly Scale Back Holiday Spending This Year

Courtesy of ZeroHedge View original post here.

By Lydia Saad of Gallup

Americans predict they will spend an average $805 on Christmas gifts this year, significantly below their estimate a year ago ($942) and the lowest October holiday spending projection Gallup has measured since 2016.

...



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Phil's Favorites

On Twitter, bots spread conspiracy theories and QAnon talking points

 

On Twitter, bots spread conspiracy theories and QAnon talking points

Are you being deceived by a robot? Alina Kvaratskhelia/iStock/Getty Images Plus

By Emilio Ferrara, USC Annenberg School for Communication and Journalism

Americans who seek political insight and information on Twitter should know how much of what they are seeing is the result of automated propaganda campaigns.

Nearly four years after my collaborators and I revealed ...



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ValueWalk

Microsoft And Mastercard Exhibit Bearish Post-Earnings Behavior

By Gorilla Trades. Originally published at ValueWalk.

Commenting on the bearish post-earnings behavior of Microsoft and Mastercard, and today’s trading, Gorilla Trades strategist Ken Berman said:

Q3 2020 hedge fund letters, conferences and more

The major indices are all trading significantly lower at midday following another volatile and bearish morning session on Wall Street, with the deteriorating COVID picture weighing on global risk assets. European stocks, currencies, and crude oil all fell sharply overnight amid fears of another lockdown period in Europe, and the negative sentiment affected U.S. inde...



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Biotech/COVID-19

Where the President Goes, Coronavirus Follows: Analysis Shows Spike in Covid-19 Cases After Numerous Trump Rallies

 

Where the President Goes, Coronavirus Follows: Analysis Shows Spike in Covid-19 Cases After Numerous Trump Rallies

"These rallies offer a boost to the president's ego but risk leaving behind a trail of sickness and increased strain on local public health departments and medical systems."

By Kenny Stancil, Common Dreams

U.S. President Donald Trump speaks during a "Make America Great Again" campaign rally at Altoona-Blair County Airport in Martinsburg, Pennsylvania on October 26, 2020. (Photo: Saul Loeb/AFP via Getty Images)

Ha...



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Kimble Charting Solutions

Are the U.S. Stock Market Indices Facing Double Top Deja Vu?

Courtesy of Chris Kimble

Stock market volatility has turned higher as the month of October has wore on. And now that we are just one week away from the elections, it appears that investors are showing their uncertainty through the price action on the major U.S. stock market indices.

In today’s chart 2-pack, we look at “weekly” charts of the Nasdaq Composite and S&P 500 Index. Though not the same, they have a similar developing pattern. Perhaps one that leads to a 15%+ decline back in 2018.

Could History Be Repeating Itself?

Just as we saw in 2018, momentum is forming a bearish divergence this year at (1). Tha...



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Chart School

RTT browsing latest..

Courtesy of Read the Ticker

Please review a collection of WWW browsing results. The information here is delayed by a few months, members get the most recent content.



Date Found: Monday, 18 May 2020, 03:35:21 AM

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Comment: Ooh so pretty, so pretty, ooh so!



Date Found: Thursday, 21 May 2020, 01:03:17 AM

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Comment: Charlie Lee: All Things Litecoin (#MimbleWimble, ...



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Politics

How to track your mail-in ballot

 

How to track your mail-in ballot

Make sure you know when your ballot is arriving, and whether it’s been accepted for counting back at your election office. erhui1979/DigitalVision Vectors via Getty Images

Courtesy of Steven Mulroy, University of Memphis

Many voters who want to participate in the election by mail are concerned about when they’ll receive their ballot – and whether it will get back in time to be counted.

The pandemic has caused interest in ...



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Digital Currencies

Bitcoin: the UK and US are clamping down on crypto trading - here's why it's not yet a big deal

 

Bitcoin: the UK and US are clamping down on crypto trading – here's why it's not yet a big deal

Where there’s a bit there’s a writ. Novikov Aleksey

Courtesy of Gavin Brown, University of Liverpool

The sale and promotion of derivatives of bitcoin and other cryptocurrencies to amateur investors is being banned in the UK by the financial regulator, the Financial Conduct Authority (FCA). It is a...



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Mapping The Market

COVID-19 Forces More Than Half of Asset Management Firms to Accelerate Adoption of Digital Marketing Technology

By Jacob Wolinsky. Originally published at ValueWalk.

There is no doubt that the use of technology to support client engagement initiatives brings both opportunities and threats but this has been brought into sharp focus this year with the COVID-19 pandemic.

The crisis has brought to the fore the need for firms to enable flexibility in client engagement – the expectation that providers will communicate to clients on their terms, at their speed and frequency and on their preferred channels, is now a given. This is even more critical when clients are experiencing unparalleled anxiety from both market conditions and their own personal circumstances.

...

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The Technical Traders

Adaptive Fibonacci Price Modeling System Suggests Market Peak May Be Near

Courtesy of Technical Traders

Our Adaptive Fibonacci Price Modeling system is suggesting a moderate price peak may be already setting up in the NASDAQ while the Dow Jones, S&P500, and Transportation Index continue to rally beyond the projected Fibonacci Price Expansion Levels.  This indicates that capital may be shifting away from the already lofty Technology sector and into Basic Materials, Financials, Energy, Consumer Staples, Utilities, as well as other sectors.

This type of a structural market shift indicates a move away from speculation and towards Blue Chip returns. It suggests traders and investors are expecting the US consumer to come back strong (or at least hold up the market at...



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Lee's Free Thinking

Texas, Florida, Arizona, Georgia - The Branch COVIDIANS Are Still Burning Down the House

 

Texas, Florida, Arizona, Georgia – The Branch COVIDIANS Are Still Burning Down the House

Courtesy of Lee Adler, WallStreetExaminer 

The numbers of new cases in some of the hardest hit COVID19 states have started to plateau, or even decline, over the past few days. A few pundits have noted it and concluded that it was a hopeful sign. 

Is it real or is something else going on? Like a restriction in the numbers of tests, or simply the inability to test enough, or are some people simply giving up on getting tested? Because as we all know from our dear leader, the less testing, the less...



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Insider Scoop

Economic Data Scheduled For Friday

Courtesy of Benzinga

  • Data on nonfarm payrolls and unemployment rate for March will be released at 8:30 a.m. ET.
  • US Services Purchasing Managers' Index for March is scheduled for release at 9:45 a.m. ET.
  • The ISM's non-manufacturing index for March will be released at 10:00 a.m. ET.
  • The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.
...

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Promotions

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Feb. 26, 1pm EST

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Phil will discuss positions, COVID-19, market volatility -- the selloff -- and more! 

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About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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