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2008

The 2019 Recession vs. 2008I have marked roughly were I believe today's market is in relation to the 'Great Financial Crisis of 2008'. Each chart depicts: A blue star for a top in the market Followed by a low - marked with the number 1 Followed by the final market top - marked with the number 2 Followed by the first bottom of declines - marked with the number 3 And today's current position is the pinkish circle. If this is true, the next will occur soon and surpass the prior lows marked with the number 3. In the current case these would be the December 24th lows. It took about 352 trading days from top to bottom in 2007-2009 in which the market lost 57% of its value. I only marked a 50% loss on today's chart because it would be much more costly if it occurred and I drew out the highlight for roughly 350 days from the market highs on September 21, 2018. Mark Twain is rumored to have said, "History doesn't repeat itself but it often rhymes." Do these charts rhyme? Are they coincidence? Or nothing close? Let me know what you think!
SP:SPXShort
by StockSignaler
5
I SPY with my little eyes...Okay, looking back the 200 Weekly MA is a pretty strong support level for the SPY. The last time such support was breached was the 2008 recession. The big question is not really if we will bounce (as we already obviously have), but if the bounce will be sustained. Overall, I think the bounce will fail around the high 250s to 260, because there is a lot of previous support turned resistance. I'm much more confident that this correction will be much greater than the 2011 one, where the SPY rallied off its 200 W MA. Again, watching this level is key. Nothing goes up and down forever, and it's important to have as little bias in reading the chart as possible. I could be wrong of course, but I still think equities are bound for a much greater correction than what we have just witnessed. I'm a strong short at 260 if price gets there.
AMEX:SPY
by mongkok
Sorry SPX trendline failure! 2008 is back2018 is the new 2008... Trend line failure on spx is a early indicator of a ABC correction ... overvalued tech stocks right and left due to silicon valley hype bubble ... I don't make these calls lightly... and I totally understand the implications ... but as a analyst I have to call it as I see it If crypto holds strong than I will be viewing is has a safe haven for lots of this money ... also I could always be wrong! infact I hope I am because many people would be negativity effected by a crash like this ... but shit... this doesn't look like a healthy drop in any way and market structure is very bearish Start saving and investing 50% of your income ... and invest into stable low risk assets and do some higher risk investing into stuff like crypto .. then when we are nearing the bottom of stocks again at the 50% retracement (some tech stocks may retrace 80% depending how bubbley they are) but most should do a test of the .618 level and .50 level ... but if you save some of your income you will have cash on the sidelines to buy the dip! because big picture stock market is very bullish.. its just that over valued tech stocks created a bubble ... SPX will not! do a 80% retrace though to be clear a 30 - 40% drop is the WORST I am expecting for the major indices. anyways stay safe and stay profitable out there
SP:SPXShort
by High_Altitude_Investing
2
American International Group Inc LONGLong @ $55.72 - P/B ratio of 0.76 compared to the industry P/B ratio of 1.31 showing that the stock is significantly undervalued. - Market cap - $51.05B - DIV yield – 2.26% - Debt to equity – 0.48 - VWAP - 55.77 - Beta – 1.23 - Short interest - 17,678,471 - YTD shares are down 5.6% compared with the industries growth of 5%. There is considerable analyst optimism with the price target across 12 analysts with an average price target of $71. Shares are currently trading at 55.7 and is at a massive value area providing an attractive investment opportunity. - The financial stability oversight council has voted to abolish the non-bank SIFI tag (Systematically important financial institution). This label was imposed by the Dodd-frank act in 2010 as a response to the financial crisis and was used for extra regulatory requirements and increased scrutiny such as; strict oversight by the federal reserve, higher capital requirements and harsher periodic stress tests. - Over the last couple of years AIG has been focusing on its core insurance operations and restructuring businesses by trimming operations, thereby enhancing operating leverage and capital allocation. Since the financial crisis, the company has executed over 50 different asset sales and divestitures resulting in revenue in excess of $100B. These were made to generate revenue to repay the bail out funds to the US government and to simplify the company creating a focus on core operations generating higher ROE and using excess funds for share buy backs. - AIG had strong life and retirements results made evident by an increase in adjusted revenues by 13% in 2017 after a decline of 10% in 2016. - One of AIG’s top financial goals is to generate sustainable operating efficiency gains via reduction in net expenses. We believe that the companies initiatives will result in strict cost control providing comfort to its operating margins. NeroTree capital rates American International Group Inc as a STRONG BUY with a price target of $70 over the next 52w.
NYSE:AIG
by UnknownUnicorn2415222
S&P Views and Projections: Hold on to Your HatHere is simply what I think the S&P will do in the next two decades. What goes up must come down. Despite political turmoil in the United States, which country is better prepared with a more developed, regulated, and with a perceived "safe" and open financial market, than the U.S.? RSI, Stoch, and MACD all indicate the potential for a strong sell-off. But what do you think? Can wealth be created and destroyed, or only transferred? Are the laws of supply and demand an ultimate truth or is it possible to manipulate a market by creating false demand? Post your thoughts in the comments below! Happy Hunting Everyone.
TVC:SPXShort
by Piptocurrency
14
Is this Market Going to Roll like '08 or Run like '11?With the markets bouncing off its' lows and come roaring back to close the week with a gain, it has left many to wonder if this is 2008 or 2011 playing out. The argument for a continued bull market is that the market did hold the previous support of October's 2014 sell off, and put in a weekly reversal hammer. Also, the market was able to hold its' long term support line formed by the 2009 and 2011 lows. However, there are other indicators that point to continued selling later this year. The selloff in 2011 still held the 150 day moving average on the weekly chart. In this sell off, we see the market has broken the 150 day average, and remains to be below it, as it did in 2008. Another concerning indicator is the MACD. Take notice on how the MACD immediately turned up and broke its' downward trendline in 2011 to resume the bull run, where as now the MACD has begun to roll over much like in 2008. To further strengthen the case of a continued bear run, look at how the price over extended itself by breaking out of its' price channel in late 2013. From 2013 to 2015 this resistance had become support before breaking late last year. This is similar to how the market reacted towards the end of the bull run in 2006. In 2006 price overextended itself and resistance became support for the next year and a half before breaking in 2008. Finally, I would like to point out how over the previous 6 months, Utilities have been outperforming all other sectors down only 1.38%. This is a sign of investors putting their money into defensive positions. Over the same 6 months Technology, financials, healthcare, and transport sectors are down over 10% with energy down a resounding 25%. In conclusion, despite bouncing off its' long term support line, I believe the market will show a loss at the end of 2016.
SP:SPX
by Ape