• Loading stock data...
War Will Give Stocks No Peace - WebTradeTalk Community
Wednesday, May 25, 2022
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Login
WebTradeTalk Community
DigitalOcean Referral Badge
  • Home
  • Finance
    Why You (and I) Should Name a ‘Trusted Contact’

    Why You (and I) Should Name a ‘Trusted Contact’

    5 Things to Know About Truist Credit Cards

    5 Things to Know About Truist Credit Cards

    How to Sell Your Car Online

    How to Sell Your Car Online

    How to Book the Star Wars Hotel With Points

    How to Book the Star Wars Hotel With Points

    Lightspeed Restaurant Review 2021: Pricing, Features, Alternatives

    Charles Schwab vs. Robinhood: 2022 Comparison

    Is an Airbnb or a Hotel Right for Your Next Trip?

    Is an Airbnb or a Hotel Right for Your Next Trip?

    How to Insure Your Money When You’re Banking Over $250K

    How to Insure Your Money When You’re Banking Over $250K

    How Does AutoSlash Work? – webtradetalk.com

    How Does AutoSlash Work? – webtradetalk.com

    Smart Money Podcast: COVID Tests, and Reversing a Credit Score Drop

    Smart Money Podcast: The Tax Episode

  • Investing
    Best Stocks Under $5 That Pay Dividends

    Best Stocks Under $5 That Pay Dividends

    10 Best Oil Stocks to Buy Now

    10 Best Oil Stocks to Buy Now

    Best Platforms to Invest in Art

    Best Platforms to Invest in Art

    Hot Cash Stocks for 2022

    Hot Cash Stocks for 2022

    What is the DAX Stock Index?

    What is the DAX Stock Index?

    10 Smart Things To Do With Your Tax Refund

    10 Smart Things To Do With Your Tax Refund

    How to Spot a Crypto Scam (In-Depth Guide)

    How to Spot a Crypto Scam (In-Depth Guide)

    Why You Should Probably Keep Your Distance

    Why You Should Probably Keep Your Distance

    5 Factors To Look For When Investing In An NFT Project

    5 Factors To Look For When Investing In An NFT Project

  • Stock
  • Forex Trading
    Sterling slips in Brexit countdown, Aussie rallies By Reuters

    Forex – Dollar Slides After 4-month High; Aussie Firmer On RBA’s Optimism By Investing.com

    Argentina Peso Tumbles on Bid to Tap $50 Billion IMF Line Faster By Bloomberg

    Argentina Tested as Peso Selloff Prompts Third Abrupt Increase By Bloomberg

    Dollar Drifts Lower as Treasury Yields Retreat By Investing.com

    Dollar Hits Fresh 4-Month High After Mixed Jobs Report By Investing.com

    Dollar Flat After Fed; Aussie Dollar Falls on Weak China PPI Data By Investing.com

    Dollar Eases From 2018 Highs as Wage Growth Woes ‘Puzzle’ Traders By Investing.com

    Virus worries buoy dollar, pound swung by Brexit gyrations By Reuters

    Forex – Weekly Outlook: May 7

    Dollar index at near four-month high after U.S. jobs data By Reuters

    Taiwan probes foreign banks over grain firms’ arbitrage By Reuters

    Forex – Dollar Steady at 4-month High; Aussie Up On Business Confidence By Investing.com

    Dollar Holds Near 4-Month High in 4th Week of Gains By Investing.com

    EUR/USD Weakness Limits Dollar’s Retreat From Highs By Investing.com

    EUR/USD Weakness Limits Dollar’s Retreat From Highs By Investing.com

  • Crypto
    Terra (LUNA) Outperforms Popular Cryptos Ether, Dogecoin In The Past 24 Hours

    Terra (LUNA) Outperforms Popular Cryptos Ether, Dogecoin In The Past 24 Hours

    Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation – Regulation Bitcoin News

    Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation – Regulation Bitcoin News

    GameFi – Play Hard, Earn Hard

    GameFi – Play Hard, Earn Hard

    Square Enix to Bring Dungeon Siege IP to The Sandbox – Metaverse Bitcoin News

    Square Enix to Bring Dungeon Siege IP to The Sandbox – Metaverse Bitcoin News

    Crypto Market Rebounds As Tech firms Boycott Russia

    Crypto Market Rebounds As Tech firms Boycott Russia

    South African Crypto Exchange Valr Raises $50 Million in Series B Funding Round – Exchanges Bitcoin News

    South African Crypto Exchange Valr Raises $50 Million in Series B Funding Round – Exchanges Bitcoin News

    How 4DOT is making DeFi Accessible to Crypto Investors

    How 4DOT is making DeFi Accessible to Crypto Investors

    Technical Analysis:  Fantom Climbs Close to 10% Higher, While THETA Drops on Wednesday – Market Updates Bitcoin News

    Technical Analysis:  Fantom Climbs Close to 10% Higher, While THETA Drops on Wednesday – Market Updates Bitcoin News

    US Senator Urges Regulators to Increase Scrutiny on Crypto as It Risks Undermining Sanctions Against Russia – Bitcoin News

    US Senator Urges Regulators to Increase Scrutiny on Crypto as It Risks Undermining Sanctions Against Russia – Bitcoin News

  • Donate
No Result
View All Result
  • Home
  • Finance
    Why You (and I) Should Name a ‘Trusted Contact’

    Why You (and I) Should Name a ‘Trusted Contact’

    5 Things to Know About Truist Credit Cards

    5 Things to Know About Truist Credit Cards

    How to Sell Your Car Online

    How to Sell Your Car Online

    How to Book the Star Wars Hotel With Points

    How to Book the Star Wars Hotel With Points

    Lightspeed Restaurant Review 2021: Pricing, Features, Alternatives

    Charles Schwab vs. Robinhood: 2022 Comparison

    Is an Airbnb or a Hotel Right for Your Next Trip?

    Is an Airbnb or a Hotel Right for Your Next Trip?

    How to Insure Your Money When You’re Banking Over $250K

    How to Insure Your Money When You’re Banking Over $250K

    How Does AutoSlash Work? – webtradetalk.com

    How Does AutoSlash Work? – webtradetalk.com

    Smart Money Podcast: COVID Tests, and Reversing a Credit Score Drop

    Smart Money Podcast: The Tax Episode

  • Investing
    Best Stocks Under $5 That Pay Dividends

    Best Stocks Under $5 That Pay Dividends

    10 Best Oil Stocks to Buy Now

    10 Best Oil Stocks to Buy Now

    Best Platforms to Invest in Art

    Best Platforms to Invest in Art

    Hot Cash Stocks for 2022

    Hot Cash Stocks for 2022

    What is the DAX Stock Index?

    What is the DAX Stock Index?

    10 Smart Things To Do With Your Tax Refund

    10 Smart Things To Do With Your Tax Refund

    How to Spot a Crypto Scam (In-Depth Guide)

    How to Spot a Crypto Scam (In-Depth Guide)

    Why You Should Probably Keep Your Distance

    Why You Should Probably Keep Your Distance

    5 Factors To Look For When Investing In An NFT Project

    5 Factors To Look For When Investing In An NFT Project

  • Stock
  • Forex Trading
    Sterling slips in Brexit countdown, Aussie rallies By Reuters

    Forex – Dollar Slides After 4-month High; Aussie Firmer On RBA’s Optimism By Investing.com

    Argentina Peso Tumbles on Bid to Tap $50 Billion IMF Line Faster By Bloomberg

    Argentina Tested as Peso Selloff Prompts Third Abrupt Increase By Bloomberg

    Dollar Drifts Lower as Treasury Yields Retreat By Investing.com

    Dollar Hits Fresh 4-Month High After Mixed Jobs Report By Investing.com

    Dollar Flat After Fed; Aussie Dollar Falls on Weak China PPI Data By Investing.com

    Dollar Eases From 2018 Highs as Wage Growth Woes ‘Puzzle’ Traders By Investing.com

    Virus worries buoy dollar, pound swung by Brexit gyrations By Reuters

    Forex – Weekly Outlook: May 7

    Dollar index at near four-month high after U.S. jobs data By Reuters

    Taiwan probes foreign banks over grain firms’ arbitrage By Reuters

    Forex – Dollar Steady at 4-month High; Aussie Up On Business Confidence By Investing.com

    Dollar Holds Near 4-Month High in 4th Week of Gains By Investing.com

    EUR/USD Weakness Limits Dollar’s Retreat From Highs By Investing.com

    EUR/USD Weakness Limits Dollar’s Retreat From Highs By Investing.com

  • Crypto
    Terra (LUNA) Outperforms Popular Cryptos Ether, Dogecoin In The Past 24 Hours

    Terra (LUNA) Outperforms Popular Cryptos Ether, Dogecoin In The Past 24 Hours

    Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation – Regulation Bitcoin News

    Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation – Regulation Bitcoin News

    GameFi – Play Hard, Earn Hard

    GameFi – Play Hard, Earn Hard

    Square Enix to Bring Dungeon Siege IP to The Sandbox – Metaverse Bitcoin News

    Square Enix to Bring Dungeon Siege IP to The Sandbox – Metaverse Bitcoin News

    Crypto Market Rebounds As Tech firms Boycott Russia

    Crypto Market Rebounds As Tech firms Boycott Russia

    South African Crypto Exchange Valr Raises $50 Million in Series B Funding Round – Exchanges Bitcoin News

    South African Crypto Exchange Valr Raises $50 Million in Series B Funding Round – Exchanges Bitcoin News

    How 4DOT is making DeFi Accessible to Crypto Investors

    How 4DOT is making DeFi Accessible to Crypto Investors

    Technical Analysis:  Fantom Climbs Close to 10% Higher, While THETA Drops on Wednesday – Market Updates Bitcoin News

    Technical Analysis:  Fantom Climbs Close to 10% Higher, While THETA Drops on Wednesday – Market Updates Bitcoin News

    US Senator Urges Regulators to Increase Scrutiny on Crypto as It Risks Undermining Sanctions Against Russia – Bitcoin News

    US Senator Urges Regulators to Increase Scrutiny on Crypto as It Risks Undermining Sanctions Against Russia – Bitcoin News

  • Donate
No Result
View All Result
WebTradeTalk Community
No Result
View All Result
Home Stock

War Will Give Stocks No Peace

Newsroom by Newsroom
February 14, 2022
in Stock
0
War Will Give Stocks No Peace
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

: The closing of the London Stock Exchange, 1914. World War I meant that the Exchange market closed … [+] from the end of July 1914 until 1915. (Photo by Print Collector/Getty Images)


Getty Images

The much anticipated CPI report on Thursday came in much higher at 7.5% and did stall the stock market’s rally last week. Before the report stocks were higher for the week but the concern over the report was my focus as the week started.

This was an especially important time as the major averages had mostly closed higher for two weeks after the January 24th low. Often a rebound against the current trend only last three bars so a higher close last week would have further supported the view that the market had completed its correction. This made last week’s negative performance and downside reversal even more important.

Markets


Tom Aspray – ViperReport.com

It came as no surprise after the plunge in Meta Platforms (FB) the prior week that the Nasdaq 100 Index ($NDX) was the weakest losing 3%. FB had rallied early in the week but the technical studies (see chart) showed no signs of a bottom as it was down another 7.4%. On a year-to-date basis, $NDX is the biggest loser down 12.7%.

Even the more defensive Dow Jones Utility Average ($UTIL) lost 1.9% as it was a bit weaker than the 1.8% drop in the S&P 500 ($SPX). Both the $UTIL and $SPX are showing significant losses for the year as they are down 5.7% and 7.3% respectively.

The SPDR Gold Shares (GLD) and iShares Russell 2000 (IWM) were higher for the week. GLD is up 1.7% YTD while the IWM is 9.5% lower YTD. Since the beginning of 2022, the Dow Jones Industrial Average has held up the best YTD as it is down just 4.4%.

SPY


Tom Aspray – ViperReport.com

The weekly chart of the Spyder Trust (SPY) had peaked the prior two weeks at $458.12 and $457.88 but after the CPI it dropped to close the week at $440.38. The January low was $420.76, line a, with the weekly starc- band at $418.01.There is additional support now down to the $403.10 area, line b.

On the NYSE the advancing issues led the declining issues up through Wednesday’s close but by the end of the week, the A/D numbers were negative with 1639 issues advancing and 1956 declining. The S&P 500 Advance/Decline line had edged above its weighted moving average (WMA) by the middle of the week but closed below it which is a negative sign. There is A/D line support at line c.

The volume was lower last week than it was the prior two weeks, but the on-balance-volume (OBV) has dropped back below its WMA. The OBV has important support at line d. The daily A/D line and OBV turned negative on Friday.

QQQ


Tom Aspray – ViperReport.com

The Invesco QQQ Trust (QQQ) formed lower highs last week as the rebound from the January low at $334.15, line a, has failed well below the declining 20 week EMA which stands at $371.89. On a drop below the recent lows the weekly starc- band is at $323.36 with stronger support at $316.00, line b, which is 8.9% below Friday’s close.

The Nasdaq 100 A/D line has been below its WMA since January 14th but is above the two-week lows. There is more important support from April-June at line c. The A/D line is down 2.4% from its high while the QQQ is down 15%. This is an indication that the A/D line is acting stronger than prices which was also the case during the 2018 and 2020 market declines. The volume was a bit lower last week after peaking three weeks ago.

The greater weakness in the QQQ was forecast at the end of December as the monthly chart of the ratio of the S&P Growth Index (IGX) to the S&P Value Index (IVX) suggested it was completing a major top. Remember when the ratio is rising it means that growth stocks are stronger than value stocks. Conversely a declining ratio means that value stocks are stronger. So far in 2022 IGX is down 10.3% while the $IGX is down 2.1%.

Growth/Value


Tom Aspray – ViperReport.com

The weekly chart shows that the ratio declined further last week and looks ready to test major support at line b. This is consistent with the steadily declining 20 week EMA. This chart provides a good lesson in using the weekly MACD-His.

In May 2020 the MACD-His peaked and as the ratio made higher highs until peaking out in early November it formed a bearish or negative divergence, line c. The ratio formed a double bottom in March and May of 2021 while the MACD-His formed higher lows, line d. This was a sign that the positive momentum was increasing. The MACD-His then peaked in July and in November when the ratio surged to a convincing new high and another bearish divergence, line e, was formed. The MACD-His crossed into negative territory on December 27th and shows no signs of bottoming.

Only three of the eleven S&P sectors were positive last week led by a 2.2% gain in the Energy Select while the Materials Select was up just over 1%. The Financial Sector (XLF) was just fractionally higher. The Consumer Staples (XLP) and Utilities Select (XLU), like the other sector ETFs also have positive weekly relative performance and are acting stronger than the S&P 500.

The threat of a Russian invasion of Ukraine combined with last week’s reversal in the stock market does not create a favorable environment for new buying this week. Conflict with Russia could cause a 6-10% downdraft in the stock market which should be brief if the conflict is not prolonged.

The majority of the economic data that I follow plus the longer-term technical outlook for the stock market does not indicate a bear market or recession. Therefore I think many stocks and ETFs that some are dumping now will be higher in the second quarter.

Source link

Tags: GivePeaceStocksWar
Previous Post

Turkish lira hits record low after Erdogan interest rate comments By Reuters

Next Post

Dollar Hits Fresh Six Month Highs against Yen By Investing.com

Newsroom

Newsroom

Related Posts

Is $100 Oil A Catalyst For Tesla Stock?
Stock

Is $100 Oil A Catalyst For Tesla Stock?

by Newsroom
March 3, 2022
Warburg Pincus-Backed ESR To Build $1.5 Billion Logistics Park In Osaka Amid E-Commerce Boom
Stock

Warburg Pincus-Backed ESR To Build $1.5 Billion Logistics Park In Osaka Amid E-Commerce Boom

by Newsroom
March 3, 2022
Singapore’s ST Telemedia Buys Stake In Philippines’ Globe Data Center Unit In Deal Valued At $350 Million
Stock

Singapore’s ST Telemedia Buys Stake In Philippines’ Globe Data Center Unit In Deal Valued At $350 Million

by Newsroom
March 3, 2022
“Black Digital Spaces Are A Vital Transformative Tool”
Stock

“Black Digital Spaces Are A Vital Transformative Tool”

by Newsroom
March 3, 2022
Home Builders Trade At Low Multiples. Are They A Value?
Stock

Home Builders Trade At Low Multiples. Are They A Value?

by Newsroom
March 3, 2022
Next Post

Dollar Hits Fresh Six Month Highs against Yen By Investing.com

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Articles

Sterling slips in Brexit countdown, Aussie rallies By Reuters

Forex – Dollar Slides After 4-month High; Aussie Firmer On RBA’s Optimism By Investing.com

March 3, 2022
Why You (and I) Should Name a ‘Trusted Contact’

Why You (and I) Should Name a ‘Trusted Contact’

March 3, 2022
Terra (LUNA) Outperforms Popular Cryptos Ether, Dogecoin In The Past 24 Hours

Terra (LUNA) Outperforms Popular Cryptos Ether, Dogecoin In The Past 24 Hours

March 3, 2022

Browse by Category

  • Crypto
  • Finance
  • Forex Trading
  • Investing
  • Stock

About us

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Personal Finance, Stock, Investing, Crypto, and more.

Categories

  • Crypto
  • Finance
  • Forex Trading
  • Investing
  • Stock

Recent Posts

  • Forex – Dollar Slides After 4-month High; Aussie Firmer On RBA’s Optimism By Investing.com
  • Why You (and I) Should Name a ‘Trusted Contact’
  • Terra (LUNA) Outperforms Popular Cryptos Ether, Dogecoin In The Past 24 Hours
  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2021 webtradetalk.com - All rights reserved

No Result
View All Result
  • Home
  • Finance
  • Investing
  • Stock
  • Forex Trading
  • Crypto
  • Donate

© 2021 webtradetalk.com - All rights reserved

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$60,736.00-1.05%
  • MMS Cash TokenMMS Cash Token(MCASH)$1.000.00%
  • ethereumEthereum(ETH)$4,240.29-1.27%
  • binancecoinBinance Coin(BNB)$516.85-0.75%
  • tetherTether(USDT)$1.00-0.09%
  • cardanoCardano(ADA)$1.96-0.75%
  • SolanaSolana(SOL)$196.662.08%
  • rippleXRP(XRP)$1.091.42%
  • polkadotPolkadot(DOT)$42.28-1.30%
  • Shiba InuShiba Inu(SHIB)$0.000067-5.05%
  • dogecoinDogecoin(DOGE)$0.261766-4.15%
  • usd-coinUSD Coin(USDC)$1.00-0.08%
  • TerraTerra(LUNA)$42.35-2.09%
  • AvalancheAvalanche(AVAX)$63.120.93%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$60,784.00-0.96%
  • chainlinkChainlink(LINK)$29.46-1.35%
  • Binance USDBinance USD(BUSD)$1.00-0.14%
  • litecoinLitecoin(LTC)$190.63-0.15%
  • UniswapUniswap(UNI)$24.680.07%
  • matic-networkPolygon(MATIC)$1.85-1.97%
  • algorandAlgorand(ALGO)$1.820.55%
  • bitcoin-cashBitcoin Cash(BCH)$593.931.51%
  • cosmosCosmos(ATOM)$36.33-3.38%
  • stellarStellar(XLM)$0.3666102.15%
  • vechainVeChain(VET)$0.130379-1.17%
  • Axie InfinityAxie Infinity(AXS)$137.08-5.29%
  • Internet ComputerInternet Computer(ICP)$45.074.39%
  • daiDai(DAI)$1.00-0.06%
  • filecoinFilecoin(FIL)$63.938.88%
  • tronTRON(TRX)$0.099972-0.89%
  • theta-tokenTheta Network(THETA)$7.12-7.47%
  • ethereum-classicEthereum Classic(ETC)$53.802.21%
  • FTX TokenFTX Token(FTT)$58.46-1.92%
  • FantomFantom(FTM)$2.68-1.66%
  • cETHcETH(CETH)$85.17-1.02%
  • VectoriumVectorium(VECT)$425.81-3.49%
  • HederaHedera(HBAR)$0.401606-3.25%
  • Lido Staked EtherLido Staked Ether(STETH)$4,218.57-0.97%
  • OKBOKB(OKB)$20.58-2.77%
  • tezosTezos(XTZ)$6.26-1.07%
  • ElrondElrond(EGLD)$264.881.10%
  • Crypto.com CoinCrypto.com Coin(CRO)$0.208427-3.29%
  • NearNear(NEAR)$9.86-6.89%
  • The GraphThe Graph(GRT)$0.995.37%
  • moneroMonero(XMR)$268.562.08%
  • eosEOS(EOS)$4.562.83%
  • FlowFlow(FLOW)$13.88-4.08%
  • PancakeSwapPancakeSwap(CAKE)$17.40-3.20%
  • AaveAave(AAVE)$310.80-2.66%
  • KlaytnKlaytn(KLAY)$1.58-1.86%