This kind of diversion between equities and bonds usually does not end well for equities. The above chart plots S&P500 index vs Vanguard Total Bond Market ETF (NYSEARCA:BND). The divergence starts from Nov 2016 and appears to be peaking out.
Category Archives: US Stock Market
Nasdaq Yearly Highs and Lows
| Year | 52 Wk High | Date | 52 Wk Low | Date |
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| 2016 | 5,058.06 | 1st-Jan | 4,209.764 | 12th-Feb |
| 2015 | 5,229.00 | 22nd-Jul | 4,292.144 | 25th-Aug |
| 2014 | 4,814.95 | 27th-Dec | 3,946.034 | 16th-Apr |
| 2013 | 4,175.36 | 28th-Dec | 2,953.524 | 1st-Jan |
| 2012 | 3,196.93 | 22nd-Sep | 2,627.234 | 5th-Jan |
| 2011 | 2,887.75 | 2nd-May | 2,298.894 | 5th-Oct |
| 2010 | 2,675.26 | 22nd-Dec | 2,061.144 | 1st-Jul |
| 2009 | 2,295.80 | 28th-Dec | 1,265.524 | 9th-Mar |
| 2008 | 2,661.50 | 2nd-Jan | 1,295.484 | 21st-Nov |
| 2007 | 2,861.51 | 13th-May | 2,331.574 | 14th-Mar |
What do you observe from the table?
– Jan high means lots of fall down the year, but this will be known in retrospect only.
– Jan-Feb combination is not there for High-Lows, so one of these two will break in the coming months. So either a new 52 week high, or a new 52 week low is coming. Continue reading Nasdaq Yearly Highs and Lows
Bonus Trade: Buy Goldman Sachs (GS) for Target $169
Hi, here is a bonus trade for all our regular website visitors. Buy Goldman Sachs (GS) stock at current market price ($151.75) for $169 as target, and $144 as Stop Loss. This trade can give 11% gain, and its likely to play out in coming 3-4 weeks. Following are the trade details.
Date: 15 March 2016
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Buy at: 152
Target: 169
Stop: 144
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Above 169, the next reliable target is 180. Patient investors can also hold for 180, by booking some profit at 169. We have been actively tracking Goldman Sachs (GS) for over 15 years, since year 2000, and once every 2-3 years, there are some very good buying opportunities in Goldman Sachs (GS). The stock has lost about 35% of its value during its recent correction from $220 to $140.
Please Note: If for any reason, we see a larger correction in the S&P500 in the coming months, then financials will correct further. In such a case, if we get Goldman Sachs (GS) at $100, then it will be a top buy in the entire market, with a reliable upside target of $200 in the next 3 years.
Disclaimer: Alpha Stock Trading will not be responsible for any gains or losses that occur in your trading. Investors/Traders should take their own decisions.