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Stock Market Recap - October 26, 2018 - MasterChartsTrading

10/27/2018

•US Stocks Approach Bearish Levels

•About 30% of stocks are in Bearish Sectors: Financials, Industrials, Energy, Materials

•Communication Services (XLC) Likely in Bear Market too

•Many Industry Groups also in Bear Markets: Biotech, Semiconductors, Mining,

•Capitalization size: Small and Mid-Caps in Bear Markets

•Dow Transports at critical levels

•Worldwide: Europe, Japan, Emerging Markets all hit new lows

•High-yield (junk) bonds continue on a downward trajectory

•Treasuries may bear the brunt of aggressive short sellers next

•Dollar approaches new highs

•Gold could take a dive here

•Trading range narrows on oil

•Natural gas and cryptos do nothing

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Stock Market Recap - October 19, 2018 - MasterChartsTrading

10/19/2018

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•Stocks end the week on an indecisive note

•US stocks are “oversold” and Generals are not fleeing (GOOGL, AMZN, AAPL)

•Basic Materials (XLB) and Financials (XLF) are may be in a Bear Market

•Technology (XLK) is still the leader

•Foreign markets trading near the lows or hitting new lows

•European, Japanese, Canadian, Mexican & Emerging Markets trading near the lows

•Homebuilders are crushed by rising interest rates (XHB, TYX)

•Junk debt is not cooperating with stocks

•Dollar marches higher

•Gold getting very close to excellent levels to short it

•Naturals gas likely to continue higher

•Oil coming down to good buying levels

•Cryptos do nothing

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