Hallsteinn Arnarson | TalkMarkets | Page 3
Global Financial Markets Analyst and Adviser
I focus on analyzing and identifying short-term and long-term opportunities in the equity markets that can be exploited. I offer clean or uncluttered price chart (visual) analysis with clear and concise commentary, that gives readers actionable ideas and guidance on where the price of the ...more

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Lead-Lag Roles Of The Financial And Energy Sectors
Historically, the financial sector has been a leading sector or first to move while the energy sector has been a lagging sector or last to move - both in up trends and down trends. The financial sector index topped out in late January.
Looking For Evidence Of A Bottom In The Housing Sector Index
The Housing Sector Index is currently down 24.9% YTD and 29% from its January high but of late, the Index has been doing better than the S&P 500 index.
Absolute And Relative Performance Of Apple´s Stock Price At All-Time Highs
Stock price of Apple showing strong performance...
S&P 500 Index In A Range In Long Term Uptrend
Starting with the daily chart, the S&P 500 index is currently on a downswing in a downtrend. The last upswing was larger than prior upswing so I am expecting the index to rise above the 2817 level, if it can stay above the moving average line 2751.
Is The Home Construction Index Set For A Snap-Back Rally?
The index has probably fallen too far, too fast.
US 10-Year Treasury Yield Finally Above The 3% Level
Treasury yields likely in a bottoming process.
Selling Pressure Likely To Continue In The US Stock Market
We had a big plunge or selloff in the US stock market yesterday. The S&P 500 index closed below the 2.800 level, and below Feb-March-June highs and July-August lows. It is difficult to see the next possible support area.
Housing Stock Indexes Continue To Fall
Two housing stock indexes in bear market territory.
Extremes In Performance Of US Housing Stocks Worrying
US housing indexes are down 10-21% and the Home Construction Index is in a bear market territory.
The Financial Sector Is At Significant Conjunction
Financial stocks have topped out before the broad market while energy stocks show best relative performance at the end of a cyclical bull market. So their leadership role is very important.
VL Geometric Index Testing Prior Breakout Point
The Value Line Geometric Index has retreated a bit after breaking above 585 and then above 590, taking out the January highs.
Is A Breakout Imminent In The VL Geometric Index?
In this chart of the Value Line Geometric Index, we can see clear horizontal resistance.
Housing Sector Index Creeping Down
The Index is down 13.4% YTD, down 18.3% from January highs.
Breakout Imminent In Pure Growth And High Beta Indexes
Both the indexes are showing triangle patterns (contracting volatility) so we should expect some type of breakout (expanding volatility) in either direction coming soon.
Financial Stocks Lagging Discretionary And Tech Stocks
Financial and Banking indexes are underperforming.
Catalyst Needed For The DJ US Airlines Index
Airlines are sensitive to higher oil and fuel prices.
33 to 48 of 52 Posts