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US Equity Market Outlook (video)

This video begins with an overview of the broad markets via the S&P 500, Nasdaq 100 and Wilshire 5000 Indexes, followed by an in-depth discussion of some recent developments in the Russell 2000 Small Cap index.

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Jun 6, 2016 4:55pm|Categories: Equity Market Analysis|Tags: , , , , , , |9 Comments

9 Comments

  1. schooner June 6, 2016 5:18 pm at 5:18 pm

    Thanks very much Randy. As always, an excellent survey of the charts.

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  2. Art June 6, 2016 6:06 pm at 6:06 pm

    Great video Randy thanks

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  3. joefriday June 6, 2016 6:10 pm at 6:10 pm

    Nice job Randy… Thanks…

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  4. drwells722 June 6, 2016 6:38 pm at 6:38 pm

    Thanks Randy, I think you are spot on. I have a question about Stochastic crossing up across the 20 line as an indicator for up moves. I am new to investing and to the site. A scan with that brings up a few stocks like Mc Donalds but also finds a ton of short ETF’s and bear ETF’S FOR the major indexes, like that is going to be the next move. Comments appreciated.

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    • rsotc June 7, 2016 9:58 am at 9:58 am

      @drwells772 I used to have various stochastics on my charts in the past but haven’t used them in years as I typically like to keep my charts streamlined, with only a few indicators & oscillators. Therefore, I can’t speak to the value of using bullish crosses back over the 20 level but maybe some others that do actively incorporate stochastics into their trading can comment (you might also want to provide the settings that you are using on your stochastics).

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  5. snp June 6, 2016 10:18 pm at 10:18 pm

    great weather you are having!

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    • rsotc June 7, 2016 10:14 am at 10:14 am

      snp – Tell me about it. That lightning strike that rattled me during the video was within 150 yds, I saw it right outside my window. Once the deluge finally subsided, I took this picture off my back porch, where you can see two ducks swimming in my flooded backyard. http://www.screencast.com/t/2ykV18kh Typical weather for SW Florida in June-August. Torrential downpours & crashing lightning everywhere one minute, sunny & clear an hour later.

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  6. TXUTrader June 6, 2016 11:15 pm at 11:15 pm

    Randy,

    Thanks for analysis. It’s been tough hanging in with significant short positions. Agriculture commodities like CORN and JO have been helpful in offsetting losses.

    Aside from technical analysis, market is extremely stretched based on GAAP earnings and revenues. Also value Stanley Druckenmiller’s perspective on outlook for stocks.

    Good luck to all.

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  7. rsotc June 7, 2016 9:01 am at 9:01 am

    TXUTrader, I’m in the same boat you are, down overall lately due to my short positions which would have been worse if not for the ag commodities in my long-term accounts. I still think they should be part of a core holding for long-term accounts & that also speaks to the benefits of diversifying among various sectors as well as trading both long & short.
    If & when the charts offer some clearly defined entries, I plan to add some of the ag ETFs to the Long-Term Trade ideas category as official trade ideas although many of them were covered as unofficial trade ideas in the recent Bullish Sectors, Commodities & Countries video ( http://rightsideofthechart.com/bullish-sectors-commodities-countries-video/ ) with some pretty decent gains since then, such as JJG (Grain ETF), up about 13% since then but again, I need to see very objective entries with attractive R/R‘s before adding those as official trade ideas.

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