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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (187449)5/10/2022 7:34:46 AM
From: TobagoJack3 Recommendations

Recommended By
fred woodall
maceng2
marcher

  Respond to of 217580
 
Re <<bear market in stocks …>>

I depend on McHugh for TA on tradFiVerse market

technicalindicatorindex.com

Today's Market Comments:

Stocks continued their "orderly" CRASH Monday, May 9th. Volume was strong. New 52 Week NYSE Lows rose sharply to 1,063. Nearly a third of all stocks on the New York stock exchange hit new 52 week lows. The major stock indices fell to their lowest level for the year 2022 Monday.

The NASDAQ 100 has crashed 27.2% from their November 2021 all-time highs through Monday, May 9th. Consider this as of Monday: Amazon (AMZN) has crashed 42% from its 52 week highs; GOOG has crashed 25%; Net Flix (NFLX) has crashed 75%; Facebook / Meta (FB) has crashed 49%. Tesla (TSLA) has crashed 37%. Apple Inc. (AAPL) has dropped 17%; and Microsoft (MSFT) has crashed 24%. So much for the FAANGs and friends. The Gamma Bull traders have gotten their noggins cold-cocked.

We have updated charts for the Industrials, S&P 500, and NDX on pages 41, 48 and 52 in tonight's newsletter.

There are completed and confirmed Head and Shoulders top patterns from February 24th, 2022 through May 6th, 2022 in the Industrials and S&P 500, with downside price targets 10 percent below current levels. There is a completed Head & Shoulders top pattern in the NASDAQ 100 from August 2021 through May 6th, 2022, with a downside price target 30 percent below current levels. We show these patterns in our charts in this weekend's newsletter.

Stocks are likely dropping in wave threes down. There is a small possibility that the rally from the May 2nd lows, to the May 4th highs, may need a final subwave "c" wave up for the corrective wave twos. However, we lean toward the scenario that wave two has topped and the downward power of the Bear market is pulling prices aggressively lower.

The next Bradley model turn date is this Friday, May 14th +/-.

Our intermediate term Secondary Trend Indicator generated a Sell signal November 26th. It fell 7 points Friday (out of a possible 9 points), to negative -29.

There several changes to our indicators from Monday's price decline. The Blue Chip three component key indicator triggered a Sell Monday. The NASDAQ 100 three component key indicator triggered a Sell Monday. The small cap Russell 2000's Purchasing Power Indicator remained on a Sell signal.

Our Blue Chip key trend-finder indicators generated a Sell signal May 9th, 2022 and remain there Monday, May 9th, 2022. The Purchasing Power Indicator component triggered a Sell signal Thursday, May 5th. The 14-day Stochastic Indicator generated a Sell on May 9th, 2022, and the 30-Day Stochastic Indicator generated a Sell on May 9th, 2022. When these three indicators agree, it is a short-term (1 week to 3 months' time horizon) key trend-finder directional signal. When these three indicators are in conflict with one another, it is a Neutral (Sideways) key trend-finder indicator signal.

Demand Power Fell 13 to 462 Monday, while Supply Pressure rose 28 to 611, telling us Monday's Blue Chip decline was powerful with deep pockets intervention supporting prices.

Today's Mining Stocks and Precious Metals Market Comments:

Our HUI Key Indicators remain on a Sell signal from April 21st.

Gold rose 7.1 Friday. Silver fell 0.8, and Mining stocks fell 2.59. Gold is stuck in the handle portion of a smaller Cup and Handle pattern. Once it completes, an upside breakout will occur.

The HUI key trend-finder indicator moved to a Sell signal April 21st, 2022, as the HUI 30 Day Stochastic triggered a Sell signal March 5th, and the HUI Purchasing Power Indicator triggered a Sell on April 21st. When these two indicators agree, it is a directional signal, and when at odds with one another, it is a combination neutral signal. The HUI Demand Power / Supply Pressure Indicator triggered a Sell signal April 21st. On Monday, Demand Power fell 3 to 353 while Supply Pressure Rose 10 to 416, telling us Monday's decline was powerful.

DJIA/SPY PPI Fell 16 to negative - 75.99, on a Sell

DJIA 30 Day Stochastic Fast 13.67 Slow 24.00 On a Sell

DJIA 14 Day Stochastic Fast 6.67 Slow 23.33 On a Sell

DJIA % Above 30 Day Average 13.67

DJIA % Above 10 Day Average 16.67

DJIA % Above 5 Day Average 16.67

Secondary Trend Indicator fell 7 to Negative - 29, On a Sell

Demand Power Fell 13 to 462, Supply Pressure Up 28 to 611 Sell

McClellan Oscillator fell to negative -222.9.

McClellan Osc Summation Index Negative - 1209.76

DJIA 10 Day Advance/Decline Indicator - 670.1 on a Sell

NYSE New Highs 12 New Lows 1063

Today's Technology NDX Market Comments:

The NDX Short-term key Trend-finder Indicators moved to a Sell signal Monday, May 9th, 2022, and remain there May 9th, 2022. The NDX Purchasing Power Indicator generated a Sell on May 5th, 2022, the NDX 14 Day Stochastic triggered a Sell on May 6th, 2022, and the 30 Day Stochastic triggered a Sell signal on May 9th, 2022. When all three component indicators are in agreement on signals, it is a consensus directional signal. When they differ, it is a sideways signal.

The NDX Demand Power / Supply Pressure Indicator moved to a Sell Signal Monday, April 11th, and remains there May 9th. On Monday, Demand Power Fell 6 to 414, while Supply Pressure Rose 14 to 498, telling us Monday's decline was powerful with deep pockets intervention supporting prices.

The NDX 10 Day Average Advance/Decline Line Indicator triggered a Sell signal April 11th, and needs to rise above positive + 5.0 for a new Buy. It fell to negative - 20.6 on Monday.

NDX 100 Purchasing Power Indicator Fell 13 to 201.61 On a Sell

NDX 30 Day Stochastic Fast 2.00 Slow 12.80 On a Sell

NDX 14 Day Stochastic Fast 2.00 Slow 12.80 On a Sell

NDX 10 Day Advance/Decline Line Indicator - 20.6 On a Sell

NDX Demand Power Fell 6 to 414, Supply Pressure Up 14 to 498 Sell

RUT PPI Fell 7 to + 156.11, on a Sell

RUT 10 Day Advance/Decline Line Indicator - 417.3, On a Sell

McHugh's Market Forecasting and Trading Report and this Executive Summary from that report is an educational service providing a body of technical analysis that measures the possibility and probability of future changes in mass psychology (swings from pessimism to optimism and back) which identifies possible new trends in major markets within various time frames, from very short term (daily) through very long term (years and decades).



To: maceng2 who wrote (187449)5/10/2022 2:26:04 PM
From: Pogeu Mahone  Read Replies (1) | Respond to of 217580
 
I assume satire-g-
RE:This 'Art' Film Called "Why Don't We Murder More White People" (And how about a…..)
‹image 9 of 24›





















So let’s do a REALISTIC “Why Don't We Murder More BLACK People" film

And see if the “so-called Yerba Buena ART center” lets us show that one huh?

—————————————————

This 'Art' Film Called "Why Don't We Murder More White People"

was shown at the Yerba Buena Center for the Arts in San Francisco:

yes, go ahead and copy and paste:

youtu.be

ybca.org
do NOT contact me with unsolicited services or offers



To: maceng2 who wrote (187449)5/10/2022 3:14:05 PM
From: maceng2  Respond to of 217580
 
/duplicate



To: maceng2 who wrote (187449)5/14/2022 2:15:32 AM
From: maceng2  Read Replies (1) | Respond to of 217580
 
What goes up can come back down.

Crypto Massacre: Over $200 Billion Wiped Out From Crypto Market In 24 Hours | Bitcoinist.com

According to one analyst, a big sell-off has spread like wildfire over the whole cryptocurrency market, evoking memories of the bank runs that shook investors during the 2008 financial crisis.

Estimates from the price-monitoring website CoinMarketCap show the sell-off erased more than $200 billion worth of market capital in just 24 hours.

Bitcoin dipped below $26,000 for the first time in 16 months, as a result of a broader cryptocurrency sell-off. As per Coin Metrics charts, BTC fell to a low of $25,40 on Thursday night. This is the first time since December 26, 2020 that the cryptocurrency has fallen below the $27,000 threshold.

The price of Ether, the second-largest digital currency, plummeted to $1,704.05 per token. It is the first time since June 2021 that the token has dipped below $2,000. Ether was recently priced at $1,937.88, a decrease of 8.8 percent.

Scottie Siu, investment director of Axion Global Asset Management, a Hong Kong-based firm that operates a crypto index fund, stated, “I do not believe the worst is gone.”

“I believe there will be more negative outcomes in the following days. I believe the market will stabilize if open interest plummets significantly, removing speculators from the equation,” Siu said.

In a Reuters report, citing statistics from CoinMarketCap, the market value of all cryptocurrencies has fallen to $1.12 trillion, nearly a third of where it was in November, with more than 35 percent of the drop occurring this week.

Investors Ditching Crypto?The rout showed signs of spreading further Thursday as crypto-related stocks in Asia also nosedived.

The stock price of the Hong Kong-listed fintech company BC Technology Group fell by 6.6%. The Japan-based Monex Group, which operates the TradeStation and Coincheck platforms, finished the trading day 10 percent lower.

In the meantime, investors are abandoning cryptocurrencies at a time when stock markets have plummeted since the peak of the coronavirus pandemic in the face of paranoia of rising prices and a worsening economic outlook.

Wednesday’s release of U.S. inflation data revealed that prices for goods and services increased by 8.3 percent in April, above analysts’ expectations and approaching the highest level in nearly four decades.