The number of available equity investments in the USA continues to fall while valuations continue to soar. Issued shares continue to shrink as mergers, buybacks consolidations, declining IPOs and ETFs squeeze out both institutional and private investors. Measured by the broad market indexes the value of US publicly traded equity... Show More
We follow US small and micro caps and the managers who own them. We highlight an Indian film distributor EROS which ticks the boxes in the investment process followed by small cap growth managers. Show More
The Dow Jones originally generated a technical sell signal at 20,668 on 21/3/17. Show More
The Nasdaq Composite index is overbought and is located near key resistance of the long-term upward trend channel that originated in 2008. It is now also located at overbought levels on a momentum / RSI basis which is reason for caution relating to the sustainability of the current rally. Show More
It is a significant negative momentum indicator that over the last two days a number of key global indices have generated technical sell signals in a cluster - Dow Jones, S and P 500, Nikkei, ASX200 index and Toronto TSX60. (There is no potential in the near-term for technical sell... Show More
Although no two market cycles are the same, there are clear parallels from a technical perspective between where the Dow Jones is currently located compared to the situation in 2007 (and 1999) - i.e at the same overbought levels on a RSI basis, and at the upper end of trend... Show More
The Dow Jones is located at key resistance of the trend channel that originated in 2008. It is located at the most overbought level on a momentum / RSI basis since 2007, and is approaching those same overbought levels, which is reason for extreme caution relating to the sustainability of... Show More
The ASX200 index generated a technical sell signal at 5229 on 2/11/16, as detailed in recent Wirehttps://www.livewiremarkets.com/wires/33648. Yesterday it reached an intra-day low of 5052 (versus the nominated downside technical target located at 5050). The expected rebound today on the ASX200 index may continue in the short-term but is unlikely... Show More
The ASX200 index has the potential to generate a technical top formation / technical sell signal. Show More
The Dow Jones previously generated a technical sell signal at 18,085 on 9/9/16. Last night the Dow generated a secondary technical top / technical sell signal. This further negative technical break re-enforces the expectation for a pullback to 17,480 - the minimum expectation for a pullback. It is significant... Show More
The ETF over the Dow Jones Transportation Average (IYT) has made a clear break out of an inverse head-and-shoulders formation and the technical set up suggests there are further gains to be made, say Sydney-based Saxo traders. According to the traders, the profit targets are broken down by the respective... Show More
The Dow Jones has completed a technical top formation / closed below key support, generating a technical sell signal. The index technical outlook has turned negative. Show More
The Eurostoxx50 index generated a technical sell signal on 13/6/16 at 2853. The further sell off last night resulted in the minimum downside target located at 2700 being reached. The index technical outlook remains negative given there is no sign of base forming emerging. The declines that have occurred over... Show More
The Dow Jones generated a technical sell signal at 17,732 on 13/6/16 (on the same day as the key European indices generated sell signals). On Friday night, the S&P500 and Nasdaq indices both completed technical top formations / closed below key support levels which activated technical sell signals. The downside... Show More
QMG clients were provided with a Technical Alert earlier this week of the potential for technical sell signals to be generated on the S&P500 and Dow Jones . The US index sell signals were generated last night, with the technical outlook turning negative. During this year the global index technical... Show More
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The three key US indices have generated technical buy signals in rapid succession. The S&P500 and Dow Jones generated buy signals last night and the Nasdaq generated a buy signal on 15/9/15. This is a strong positive momentum indicator for the US market outlook. Show More
Just over a week ago the view was expressed that the risk remained for a renewed sell off on the Australian market. This secondary pullback eventuated, and was a key requirement if technical base forming is to ultimately occur. The ASX200 index originally generated a technical sell signal at 5833... Show More
Periods of extreme market turbulence can be unnerving. One of the best pieces of advice for making it through turbulent global markets is to turn off the TV. Listening to dire predictions that the media broadcasts during these periods is what causes some investors to pull out of the market... Show More
The Shanghai Composite index close below the 2930 major support level yesterday indicates the potential for a further substantial decline. The rally today has not changed this negative technical view. Major subsequent support is now located at 2760. The surge on the US market overnight has not altered the negative... Show More
