Topic: Market Outlook

The Australian stock market has been trapped in an investment-numbing sideways trend for the past six months. But chart pattern anaysis shows that a breakout for the S&P ASX 200 is imminent, with the next target at 4,700.   Read More

The first upside target for the Dow is 13,900, even though many will focus on the psychologically convenient round number target of 14,000.   Read More

The rally of the past few weeks has a high probability of continuing with an upside target near $125/barrel.    Read More

The general trend pressure for cotton prices is bearish and this suggests continued testing of support near 85 cents a pound.   Read More

The Apple chart shows an unsustainable rally. This doesn’t mean that traders cannot make money, but it does suggest that investors buying in the current market will have to ride a short-term loss before the long-term trend carries them into profit.   Read More

The next upside targets for the Shanghai Index are near 2,540 and 2,600.    Read More

One of the challenges investors face today is how to reconcile seemingly conflicting messages coming from different markets. Is Dow 13,000 consistent with a 10 year U.S. Treasury at 2% and gold at almost $1,800? Is $125 Brent oil consistent with cyclically low implied volatility in many market segments, as well as widening CDS spreads for Middle Eastern oil producers?    Read More

The slow upside move in the Dow looks set to continue but the momentum is reduced.   Read More

The upside projection has a target near 2,150. This is a tentative target because there is a strong historical resistance level near 2,100.   Read More

China’s steelmakers will see a rebound this year thanks to weakening iron ore prices and potential policy easing in the property sector, Helen Lau, senior analyst metals and mining at UOB Kay Hian in Hong Kong, told CNBC on Wednesday.    Read More