In the introduction to the last Bull Bear Market Report, I further developed the thesis that an impulsive equities bull market began in November 2012: Most analysts continue to make the mistake of believing that a secular bull market started in March of 2009. The actual situation of this market very closely parallels the 1974-1982 [...]
In the March 10 BullBear Market Report, I concluded that the US equities markets had ended the long term bear market that started in 2000 with the November 2012 low and had begun a new, secular bull market: This report comes down on the side of concluding that indeed a new, secular Bull Market has [...]
Time for a Bull Market Correction The last BullBear Market Report concluded that: a new, secular Bull Market began in November 2012. While there is still some chance that a bear market (D) wave top could come in the vicinity of the 2007 highs, evidence is mounting that the 2011-2012 period was a stealth (E) wave [...]
Since the July 9th BullBear Market Report, the US stock market has apparently completed an ABCDE ascending triangle pattern to complete the rally off the June low. This is being confirmed by a mounting body of technical evidence which strongly suggests we have either seen the top to the rally or that it is nearby. The [...]
Value Line Geometric Index Predicts Major Stock Market Top Source link: http://www.thebullbear.com/profiles/blogs/value-line-geometic-index-predicts-major-stock-market-top Last week I posted analysis showing that the monthly RSI divergencewhich formed at the 2011 and 2012 highs is a very reliable indicator of a stock market decline of almost 28% lasting 11 months. I continue to see many, many companion signals which [...]
Bearish Monthly RSI Divergence 100% Accuracy Rate; Occurred at 91.6% of Stock Market Tops Source link: http://www.thebullbear.com/profiles/blogs/stock-financial-market-crash Relative Strength Index is one of the most widely recognized and followed technical indicators. The most common use of RSI is the identification of divergences: Developed J. Welles Wilder, the Relative Strength Index (RSI) is a momentum oscillator that measures [...]
Here’s the latest from Steven Vincent of TheBullBear.com: Source link: http://www.thebullbear.com/profiles/blogs/stock-financial-market-crash Steven Vincent BullBear Trading http://www.TheBullBear.com ================================================ “There is only one side to the stock market; not the bull side or the bear side, but the right side” –Jesse Livermore, Reminiscences of a Stock Operator One year ago today I detailed to BullBear Traders members [...]
Let me start by clarifying something. I am not saying that the market could crash spectacularly in the next few days and that in that event the Facebook IPO would be a major contributing factor. I am not saying that. The market is saying it. Facebook boosts IPO size by 25 percent, could top $16 [...]
High Risk of Near Term Global Financial Market Crash At each juncture, I look at the available information as represented in the market price and technical data. I approach the body of evidence without preconception and with an open “beginner’s mind”. I see what I see. I analyze. I develop a set of probabilistic outcomes [...]
http://www.thebullbear.com/profiles/blogs/long-term-global-head-and-shoulders-top-likely-in-place A bit of economic news sparked a minor rally on Tuesday. The Dow touched a new 4 year intraday high and the financial news media celebrated the moment with banner headlines: In spite of the fact that not one market index anywhere in the world even came close to confirming the new Dow [...]