Category Archives: Z-vals

Stack: Bear Market Ahead

Mr. Stack’s technical indicators are still pointing toward a bear market. He’s also worried about the shaky housing market, with price drops and slowing sales showing up in major cities. “We’re not trying to time the market, but we’re very comfortable with our defensive allocation,” he said. Although he predicted higher volatility a year ago, […]

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Mirhaydari: Dow 20,000 Party Won’t Last

“[T]here are reasons to be cautious.” [Relays warnings by Sam Stovall at S&P, Andrew Garthwaite at Credit Suisse, and David Rosenberg at Gluskin Sheff.] “[U]nder Presidents Ronald Reagan, George H.W. Bush and George W. Bush, the Fed was tightening policy early in their first terms or had just completed tightening campaigns, resulting in economic weakness […]

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Acampora: Trump Rally Has 5% Pop Left

Prominent market technician Ralph Acampora thinks the stock market has more room to run over the near term, despite a trend that has seen the Dow steadily walk back from the psychologically significant level of 20,000. Acampora told MarketWatch recently that the Dow Jones Industrial Average and the S&P 500 index still have another 5% […]

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Zweig: Be Cautious of Dow 20,000

“Reaching a notional milestone like 20000 isn’t some magical sell signal or an indication that the Dow is doomed to drift or go down from here. “But the index’s own history should remind us all that the good times don’t roll forever. So Dow 20000 should make you cautious, not euphoric. “Owning stocks is a […]

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Gundlach: Watch 10-Yr Yield Over 3%

There will be “trouble for equity markets” if the yield on the benchmark 10-year U.S. Treasury note moves beyond 3%, Jeffrey Gundlach, chief executive of DoubleLine Capital, warned on Tuesday. Late Tuesday, the 10-year yield US10YT=RR stood at nearly 2.38%. In his first investor webcast this year, Gundlach said after the recent huge run-up in […]

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