Market Trakker


Welcome to our Market Trakker Trend Alert service! This service tracks the current trend of the S&P 500 index with updated trend alerts, commentary, charts, every weekend. Since nearly three out of four U.S. stocks follow the general trend of the S&P 500 index, it is an extremely important market for U.S. stock investors and traders to consider in the trading decisions.

 

Market Trends + Charts + Commentary Updated Every Weekend


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    POSITION TREND

    Trend for Position TradersS&P 500 Trend

    POSITION UPTREND
    (Confirmed Uptrend)

    10/22/20… UPDATE: The price action in the S&P 500 index remained choppy last week as Washington continued to bicker over the amount of the next round of COVID-related bailouts with just two weeks to Election Day. While the Position/Long-Term uptrends remain intact, we are exercising extra caution into early November. Be prepared for another big earnings week ahead. We continue to monitor key 100 DMA support on SPY into the end of the year.

    U.S. stock prices gyrated last week as disappointed investors awaited more fiscal stimulus to prop up America’s fragile economy. After saddling U.S. taxpayers with an incredible $3.1 trillion budget deficit for FY 2020 (and easy money policies from the Federal Reserve to boot), Washington is now facing a renewed uptrend in daily COVID-19 cases that will soon surpass the previous peak in daily infections set back in July.
    While some economists/talking heads are pointing to the “remarkably healthy” U.S. economy, others aren’t buying it. (Like yours truly.) But, as the old saying goes, “the financial markets can remain irrational longer than you can remain solvent.”

    Despite many potential downside catalysts that loom into the end of the year, investors continue to drive stock prices higher in the near-term. Heavy inflows into U.S. stocks are expected to arrive in November as those who sold in May (“and went away”) will return for the “best six months” of the year (Nov-May). Likewise, we plan to become more aggressive in our trading right after the election.

    Six of the 11 S&P 500 sectors closed in negative territory last week. Tech (XLK -2.2%) led to the downside.

    Our Market Trakker alert system will keep you advised of the current broad U.S. stock market trend. When we detect a change in the major Long-Term trend, our members will be notified by email (and inside The Robinson Report) along with details on how we are responding.

    Previous (but recent) comments: America’s dismal failure at containing the present public health crisis continues to weigh on the nation’s psyche and is impacting markets of all types across the nation. Ongoing promises of a vaccine release “within weeks” designed to tease investors to push up equity prices ahead of the election are losing their effect. Reality is beginning to set in and we don’t expect it to be pretty. Economic data released by the U.S government continues to be manipulated so as to mask the real impact of our present crisis. Washington’s attempts to “put lipstick on the pig” are fooling less and less people with each passing month. More fiscal stimulus is likely even as monetary stimulus continues unabated at record levels.

    Artificially low interest rates, of course, serve to stoke malinvestment and asset bubbles as we have witnessed in the recent past. While the Walmarts and Amazons of the world are cashing in amid our present public health crisis, many small businesses (and many of their employees) have been slammed in the pocketbook.

    And since 70% of America’s economy is based on consumption, the Fed has little choice but to keep the price of credit (interest rates) at artificially low levels so as not to thwart the activity of the relatively fragile consumer. Add to that the latest U.S. jobless figures, which remain stubbornly high and suggest that the labor market recovery is stalling.

    The Fed is attempting to stoke asset and price inflation through the largest asset bailout in world history. And this week the Fed’s monetary wizards confirmed their belief that this risky plan will take until late 2023 to accomplish. Whether they can succeed again is anyone’s guess.

    Hope, not fundamentals, is fueling the froth.

    Hope for a COVID vaccine.

    Hope that the Fed will continue to support asset prices.

    And hope that the Fed won’t lose control of its manipulation of the economy.

    The Department of Labor is now openly underreporting jobless claims through its new “adjusted” figures.

    “Official” economic figures are being openly altered just before an election.

    With bond yields not expected to keep pace with inflation, yield-starved investors feel they have little choice but to plow their money into America’s wildly overvalued equity markets.

    We expect the Fed to continue talking up the financial markets ahead of the 2020 Election. Whether their fraudulent policies will continue to help insulate Wall Street from economic reality is anyone’s guess at this point. If the Fed’s current historic monetary policies cannot keep the rally intact, then virtually nothing can.

    America’s financial system is a ticking debt time bomb. While much of the world may view the Federal Reserve as a miracle worker, its powers are highly dangerous. When it comes to the Fed, the “cure” is always worse than the “disease.”

    The fact that the equity markets are convulsing higher on massive capital infusions forcing investors to weigh the upside from unlimited money printing against the downside from a new great depression is neither a healthy or natural development. It is a sign of great moral hazard in the capital markets at the cost of the bottom 80% of U.S. taxpayers who have historically owned the least of the nation’s assets while bearing the large majority of its debts.

    When another change in the trend of the S&P 500 index is detected, we will alert our members!

    Our Market Trakker alert system will keep you advised of the current broad U.S. stock market trend. When we detect a change in the major Long-Term trend, our members will be notified by email (and inside The Robinson Report) along with details on how we are responding.

    Stay tuned!
    Jerry Robinson

     

    LONG-TERM TREND

    Long-Term Trend for Long-Term Investors

    LONG-TERM TREND
    (Confirmed Uptrend)

    10/22/20… The S&P 500 Long-Term trend remains in a confirmed Long-term uptrend based upon our trading system. While there are plenty of obstacles (and volatility) likely ahead, the uptrend is intact — for now. When our Market Trakker system detects a change in the underlying Long-Term Trend in the S&P 500, this page will be updated and all current members will be alerted by email.


  • Market Trakker Charts – Updated Every Weekend

    S&P 500 Index – Daily Chart

    Updated: 10/30/20


    S&P 500 Index – Long-Term Trend (Monthly) Chart

    (Confirmed Long-Term Uptrend)
    Updated: 10/30/20


    S&P 500 Index - Long-Term Trend Chart


    S&P 500 Index ETF (SPY) – Position Trend (Weekly) Chart

    (Position Uptrend – Detected 5/31/20)
    Updated: 10/30/20


    S&P 500 Futures Chart

    Updates upon refresh during market hours


    Percent of S&P 500 Stocks Above 200 DMA

    (Measures market participation)
    Updated: 10/30/20



    U.S. New Highs-New Lows

    (Gauges internal trend momentum)
    Updated: 10/30/20



    NYSE Bullish Percentage Index

    (Measures market participation)
    Updated: 10/30/20



    S&P 500 Index – P/E Ratio

    (Current P/E valuation of S&P 500)
    Updated: 8/21/20



    Mean: 15.79
    Median: 14.83
    Min: 5.31 (Dec 1917)
    Max: 123.73 (May 2009)
  • Market Trakker Resources

    Read/Download User Guide

    Read/Download User Guide

    Precious Metals Trends

    View Precious Metals Trends/Charts

    Video Trend Alerts

    Latest Video Trend Alert

IMPORTANT DISCLAIMER: THE MARKET TRAKKER IS A PREMIUM INVESTOR TOOL THAT IS FOR INFORMATIONAL AND EDUCATIONAL PURPOSES. YOU SHOULD ALWAYS CONSULT A FINANCIAL PROFESSIONAL BEFORE MAKING ANY FINANCIAL DECISIONS. FOLLOWTHEMONEY.COM, ITS OWNERS AND SUBSIDIARIES SHALL NOT BE HELD LIABLE FOR ANY INVESTMENT DECISIONS EMPLOYED BY OUR MEMBERS. INVEST AND TRADE AT YOUR OWN RISK!

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