ETF Talk

S&P 500: Short-term Outlook

This is a short-term S&P 500 outlook. A longer-term S&P 500 outlook is available here.
Below is a close-up look at the long-term forward projection in the October 21 Profit Radar Report and here. The original projection (in yellow) is drawn on a daily chart (instead of weekly) to show...

S&P 500: Pop and Drop?

In recent weeks I published several forward projections for the S&P 500. All of them had two things in common:
A bottom somewhere around 2,600
A rally towards 2,900
The first chart shows a progression of the ending diagonal (published in the October 24, 28, 29 Profit Radar Reports) we used...

XHB and Facebook – 2 Buy Signals

The following analysis was published in the October 28 Profit Radar Report:
Barron’s rates iSPYETF as “trader with a good track record” and Investor’s Business Daily says: “When Simon says, the market listens.” Find out why Barron’s and IBD endorse Simon Maierhofer’s Profit Radar...

S&P 500: Short-term Update

This is a short-term S&P 500 update. A longer-term S&P 500 update is available here.
The October 21 Profit Radar Report warned that: “The chart constellation suggests the potential for a mini crash are elevated. The ideal (down side) target for wave c is 2,675 or 2,587. Waves c are...

S&P 500 Update: Risk vs Reward Reversal

Back in February, the Profit Radar Report published the two most likely S&P 500 forward projections (one of them shown below, the other one was very similar), and stated that: “Both scenarios will eventually lead to new all-time highs.”

My ideal up side target has been 3,000+/-, but risk...

Millennials Are Flocking To Cheap Rust Belt Cities

Educated, but poor, millennials are transforming neighbourhoods in several Rust Belt states like Ohio, Michigan, and Wisconsin in search for affordable communities. Since the end of the American high (the late 1960s), the Rust Belt had experienced decades of deindustrialization and a mass exodus of residents.

S&P 500: Surprisingly ‘Normal and Predictable’

Considering the political cross currents, the S&P 500 has been acting surprisingly normal, even predictable.
In terms of support and resistance levels, the S&P has stopped and accelerated pretty much exactly where it ‘was supposed to.’
The weekly S&P 500 chart below highlights 3...

Are Emerging Market Stocks Ready to Rally?

From January 26 – August 15, the iShares MSCI Emerging Markets ETF (EEM) lost 20.3%. A bear market is commonly defined as a decline of 20% or more. Based on this definition, EEM entered a bear on August 15.
Will the emerging markets bear market continue, or is it a false signal?

Is FAANG Weakness Bearish for Stocks?

The spotlight has been on FAANG stocks (Facebook, Apple, Amazon, Netflix, Google) for much of this bull market, but lately it’s gotten kind of quiet around them. Perhaps that’s because they are actually under-performing the Nasdaq-100.
Is FAANG weakness bearish for stocks?
FAANG vs Nasdaq-100...