We don't focus enough
on sideways markets.
An example of that would be Mark Mobius» book on emerging markets, or Vitaliy Katsenelson's book
on sideways markets.
By a lucky coincidence, right about that time I wrote an article for the Financial Times in which I laid out my thesis
on sideways markets (though at the time I still called them «oscillating bear market»).
Not exact matches
«Bond king» Jeffrey Gundlach told CNBC
on Monday that investors should be defensive, especially in the midst of a «weak bond
market» and a «broadly
sideways» stock
market.
Market Vectors Coal ETF ($ KOL), which we initially pointed out in this January 3 blog post as a potential trend reversal buy setup, continues to chop around in a
sideways range since clearing resistance of its 200 - day moving average
on January 2.
Since its 2014 high
on December 29, the S&P 500 Index has gained 1.5 % (not including a fraction of a percent in dividends), the Dow Industrial Average has gained 1.3 %, the Dow Transportation Average is down -5.8 %, the Dow Utilities Average is down -8.9 %,
market breadth has churned
sideways, and investment grade corporate spreads are flat (though junk spreads have come in about two - tenths of a percent).
We are already in the second earnings seasons of the year and the
market is already going
sideways on some strange rationale.
With the North American
markets still trending
sideways heading into 2016, there are several companies that I'll be keeping a close eye
on this month.
Katsenelson has written the best book
on understanding the dynamics of
sideways or range - bound
markets.»
A
sideways - or downward - biased
market is much easier to absorb as an investor if you are earning yield
on a low - beta portfolio, exactly what XLU represents.
By contrast, Vitaliy Katsenelson lies
on his side and sees a
sideways market.
Since the stock
market appears to be in consolidation mode right now (trading in a
sideways range
on lighter volume), it is a good time to do a review key technical support and resistance levels in the Nasdaq and S&P 500 indices.
Since then, the broad
market has essentially gone
sideways, though capitalization - weighted indices such as the S&P 500 have recently clawed to new highs
on enthusiasm about negative interest rates abroad (which I believe actually reflect fresh deterioration in global economic conditions across Britain, Europe, Japan, and China).
The extended
sideways action of the
market on low volume has made it very difficult to gain traction from any specific theme, much less from general areas of favorable valuation or
market action.
Ibra would be the undeniable dream option but that ship has sailed, Rooney ain't coming
on the
market and imo Mandzukic would be a
sideways step.
Introduced
on August 31, 1948, Franklin Income Fund has delivered income to investors through up, down and
sideways markets.
As we discussed previously, a trending
market will tend to surge in one direction and then slow down and either consolidate in a
sideways manner or retrace lower or higher, depending
on what direction the dominant trend is.
He says with debt loads at a record and little in the way of savings to fall back
on, Canadians may be «caught off guard» if housing
markets cool significantly or North American Free Trade Agreement talks go
sideways.
i.e Cutting losing trades short because the price is moving
sideways can save a fortune as against hoping and waiting for the
market to move, then its time to walk away and come back later
on in the day or next day.
There were a number of outstanding presentations, but, for mine, the best was Vitaliy Katsenelson's epic presentation based
on his Little Book of
Sideways Markets.
Paul Tudor Jones said once: «I also said that my contrarian trading was based
on the fact that the
markets move
sideways about 85 percent of the time.
Many have said that the
markets, particularly in the US, have been euphoric and that the end of the nigh
on 9 year bull
market was imminent, which would initiate another multi-year
sideways and down
market, such as between 2000 to 2009.
There are any number of «half logs» and «corner logs»
on the
market that will provide this, and yet I am astonished at how often I observe stores that place them
sideways within a cage so that nothing is visible but the log itself.
Also read: CM Punk vs. Mickey Gall: Bet
on UFC 203 with Bitcoin Technical Analysis: Bitcoin Price Ready for the Moon Long - Term Analysis After a longer than expected lateral
sideways movement, traders have finally pushed the bitcoin
market into a recovery, allowing the price to return to the technical quote level.
Also read: Australia's Cyber-Intelligence Team to Focus
on Financial Threats Bitcoin Price
Sideways Longer than Expected, But
Markets Still Preparing for New Bull Run Long - Term Analysis According to indicators, as well as bullish consensus, prices are sliding
From here
on out, seeing some month (s)- long
sideways action would be a favorable sign, indicating that the
market is calming down and consolidating.
On Friday, Bitcoin prices are shifting
sideways as the crypto
market struggles to find firm footing.