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 Commentary: S&P 500, Dow, Nasdaq Surge To New All-Time Highs – Jerry Robinson (7/14/19)

Market Trends + Charts + Commentary Updated Every Weekend

  • POSITION TREND

    Trend for Position Traders

    POSITION UPTREND
    (Confirmed Uptrend)

    7/12/19… The S&P 500 index remains in a strong Position uptrend and continues to be supported by a Long-Term uptrend.

    The S&P 500 smashed above 3000 to close at a new all-time record high on Friday. Despite a complex backdrop of economic warfare and geopolitical intrigue, the market is continuing its ascent. The 3000 level, of course, is a key psychological area that will long serve as an important area for support and resistance.

    The index closed at $3013 on Friday, a new record high. Year-to-date, the index has risen more than 20%.

    The S&P 500 index continues its ascent as market participants broadly anticipate that the Federal Reserve will cut interest rates this month for the first time in a decade. Any failure on the part of the Fed to live up to this expectation at its July 30-31 policy meeting would certainly tank the markets. However, that appears unlikely as the Fed has strongly hinted that lower interest rates are coming soon. So what’s the reason for cutting interest rates in the middle of a bull market? According to Fed Chair Jerome Powell: “The bottom line is, the economy is in a very good place, and we want to use our tools to keep it there,” adding, “It’s very important this expansion continue as long as possible.” So consider the Fed’s new dovish stance as a pre-emptive strike against the next economic downturn. With record debts and deficits, Washington is leveraged to the hilt as yet another debt ceiling debate looms on the horizon. Sooner rather than later, we expect that the Fed will join the growing number of central banks around the world that are now charging negative interest rates.

    Energy (XLE) and Consumer Discretionary (XLY) led the market higher on the week. Energy prices are rising higher in July amid improving fundamentals. The U.S. Crude Oil ETF (USO) rose nearly 5% last week and is now attempting a new 200 DMA breakout. Meanwhile, consumer, communications, and technology stocks all moved higher last week.

    Last week’s losers included the Healthcare (XLV) and Basic Materials (XLB) sectors. The political and economic uncertainties swirling around the healthcare sector, especially as it relates to how Washington reacts to America’s healthcare crisis, are immense and could continue to put pressure on the sector as a whole. However, there are several industries within the healthcare sector, like genomics, that we like right now.

    There is very little (if any) overhead resistance for the S&P 500 index as we head into next week.

    Our Market Trakker alert system will keep you advised of the current broad U.S. stock market trend. Smart traders may take the opportunity now to research their favorite stocks and ETFs so that they can take advantage of the inevitable price moves!

    When we detect a change in the major Long-Term trend, you will be notified again by email along with details on how we are responding to the selloff.

    Stay tuned!
    Jerry Robinson

    LONG-TERM TREND

    Long-Term Trend for Long-Term Investors

    LONG-TERM UPTREND
    (Confirmed Uptrend)

    7/12/19… The S&P 500 Long-Term trend is in a confirmed uptrend. 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 receive an alert by email.


  • Market Trakker Charts – Updated Every Weekend

    S&P 500 Index – Daily Chart

    Updated: 7/12/19


    S&P 500 Index – Long-Term Trend Chart

    (Last Long-Term Uptrend Alert on 4/5/19)
    Updated: 7/12/19


    S&P 500 Index - Long-Term Trend Chart


    S&P 500 Index ETF (SPY) – 2 Year Weekly Chart

    (Position Uptrend)
    Updated: 7/12/19


    S&P 500 Futures Chart

    Updates upon refresh during market hours


    Percent of S&P 500 Stocks Above 200 DMA

    (Measures market participation)
    Updated: 7/12/19



    U.S. New Highs-New Lows

    (Gauges internal trend momentum)
    Updated: 7/12/19



    S&P 500 Index – P/E Ratio

    (Current P/E valuation of S&P 500)
    Updated: 6/21/19



    Mean: 15.75
    Median: 14.75
    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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