Posts by The Trend Letter

Headlines_sm

Headlines – April 10/18

  • Chinese president Xi moved to ease concerns about global trade  – and financial markets love it. Read story
  • Trump to skip South American summit to focus on Syria. Read story
  • Trump pledges ‘forceful’ response to Syria chemical attack. Read story
  • Russia says it warned US of ‘grave repercussions’ if Syria attacked. Read story
  • FBI raids offices, home of Trump’s personal lawyer. Read story
  • Feds treating Cohen like he is a mob lawyer, say seasoned lawyers. Read story
  • US federal debt is primed to explode. Read story
  • What to expect from Mark Zuckerberg’s Congressional testimony. Read story
  • Canada’s reputation in ‘tatters’ over Trans Mountain pipeline: Ex-Encana CEO. Read story
  • Cryptocurrency miners seek cheap energy in Norway and Sweden. Read story
  • The Internet’s worst-case scenario finally happened in real life: An entire country was taken offline, and no one knows why. Read story
  • Ex-Russian spy’s daughter leaves hospital. Read story
  • Online global threat game shuts down schools: Police. Read story
  • On the lighter side. Check it out!

Stay tuned!

Headlines_sm

Headlines – April 9/18

  • Syria and Russia blame Israel for missile strike on Syrian air base – and Israel isn’t denying it. Read story
  • Trump warns ‘big price to pay’ by Assad and allies after suspected chemical attack in Syria. Read story
  • Russia’s stocks and currency in biggest one-day tumble as US sanctions bite. Read story
  • China is studying Yuan devaluation as a tool in trade war. Read story
  • North Korea tells US it is prepared to discuss denuclearization. Read story
  • India’s political parties have mined voters’ psychographic data for years. Read story
  • Siting regional politics, Kinder Morgan backs away from Trans Mountain project. Read story
  • Hungary’s strongman Orban wins 3rd term in power. Read story
  • Mark Cuban: ‘I hate gold’. Read story
  • What US post office really gets from Amazon. Read story
  • 15 other US presidents who were caught in salacious sex scandals before Trump’s Stormy Daniels saga. Read story
  • Russian hooligans warn English fans to ‘prepare to die’ ahead of World Cup. Read story
  • Watch for these things in real estate in the next 3 months. Read story
  • On the lighter side. Check it out!

Stay tuned!

Headlines_sm

Headlines – April 6/18

  • Trump threatens $100 billion more in tariffs, China says it will fight back ‘at any cost’. Read story
  • NAFTA trio meets amid growing optimism for deal. Read story
  • US adds only 103.000 jobs, falling far short of expectations. Read story
  • South Korea’s former president Park given 24-year jail sentence. Read story
  • Trump taking ‘serious look’ at policy options on Amazon. Read story
  • Top 20% of Americans will pay 87% of income tax. Read story
  • Facebook secretly deleted some of Zuckerberg’s personal messages over fears sensitive data may be leaked. Read story
  • Oil inches down on Trump’s latest China trade threats. Read story
  • Trump denies knowledge of $130,000 payment to Stormy Daniels. Read story
  • Ex-Russian spy Skripal ‘improving rapidly’. Read story
  • How a secret Russian airlift helps Syria’s Assad. Read story
  • Deerfield Illionois gives citizens 60 days to turn in guns or become criminals. Read story
  • Hungary’s Viktor Orban says Europe is being invaded by migrants. Read story
  • On the lighter side. Check it out!

Stay tuned!

Headlines_sm

Headlines – April 5/18

  • Facebook, Amazon lead Wall St higher at open. Read story
  • Russian TV airs ‘Yulia Skripal phone call’. Read story
  • Facebook says data leak hit 87 million users, widening privacy scandal. Read story
  • US trade deficit rises to near 9.5-year high. Read story
  • Bitcoin and crypto cousins are trading at lowest prices in five months. Read story
  • Venezuela currency is doing even worse than previously thought. Read story
  • JPMorgan CEO Dimon praises Trump’s deregulatory efforts in annual letter. Read story
  • London bloodbath continues as stabbed man becomes 53rd person killed this year. Read story
  • Google employees want company to drop Pentagon ‘war’ drone project. Read story
  • Finland has practically ended homelessness. Read story
  • Bill Ackman’s hedge fund Pershing Square is losing investors at a ‘rapid pace’. Read story
  • When Uber drivers replace ambulances. Read story
  • Portugal generated enough renewable energy to power the whole country in March. Read story
  • On the lighter side. Check it out!

Stay tuned!

Headlines_sm

Headlines – April 4/18

  • China retaliates, slaps duties on US soybeans, planes, cars, beef, and chemicals. Read story
  • Trump says US has already lost trade war with China. Read story
  • Apple hires prominent AI expert from Google. Read story 
  • YouTube shooter was an animal rights activist who “hated YouTube for demonetizing her videos. Read story
  • MLK50: Thousands gather to honour the life, legacy of Martin Luther King. Read story
  • Mueller says Trump is not a criminal target at this point. Read story
  • The Yen is gaining as trade tensions heat up. Read story
  • Zuckerberg to testify before US House committee. Read story
  • Geologists now have evidence Africa is physically splitting into two continents. Read story
  • Youth-focused media company AwesomenessTV is staffing up to steal more business from ad agencies. Read story
  • Toronto home sales fall 39.5% year-over-year in March. Read story
  • Only 4% of families talk regularly about money – and that’s a problem. Read story
  • The resale apparel market is set to soar. Read story
  • On the lighter side. Check it out!

Stay tuned!

Headlines_sm

Headlines – April 3/18

  • China to respond to new US duties with ‘same scale, intensity’. Read story
  • US dollar shrugs off US-China trade tensions; Euro gives up gains. Read story
  • Tesla misses Model 3 target of 2,500 vehicles a week. Read story
  • Musk takes over production of Tesla’s Model 3. Read story
  • Silicon Valley, Wall St taking notes on Spotify debut. Read story
  • “It’s war”: Trump reportedly seeking ways to hurt Amazon. Read story
  • Why stock investors should be welcoming the return of volatility. Read story
  • Facebook data scandal has left Zuckerberg isolated in tech. Read story
  • Migrant caravan heading to US border puts Mexico in tough spot with Trump. Read story
  • Swedes turn against cashlessness: ‘Being cash-free puts us at risk of attack’. Read story
  • Canadian’s home buying intentions highest in 8-years, poll. Read story
  • Walmart’s talk with insurance giant could be part of assault on Amazon Prime. Read story
  • Saudi Prince books entire Four Seasons hotel for LA stay. Read story
  • Hot housing market: home buyers are spending more than expected. Read story
  • Russia threatens sanctions over Latvian language in schools. Read story
  • On the lighter side. Check it out!

Stay tuned!

investor tension

S&P 500 re-testing key support

Last week we warned to keep a close eye on the 200-DMA because it is an important technical indicator. In bull markets, stocks tend to spend most of their time above the 200-DMA, while during bear markets, they spend most of their time below this line. Stocks seldom stray too far from this line in either direction, and when they do, the further they stray, the faster they tend to revert back to it.

Today the S&P 500 closed just under the 200-DMA at 2581, which just happens to be the first target support level that we published a few months ago.

A closing below 2581 suggests that the S&P 500 could test the bottom of its 2+ year uptrend channel. Breaking below that channel at 2535 warns that we could see a more significant correction going into June. Keep your eye on that 2535 bottom of the uptrend channel, it is key. A break below 2535 validates our original target low of 2470, which we identified in our February 11/18 issue of The Trend Letter.

spx2y0402

Tomorrow we will see if the 200-DMA can hold here. Certainly, the bulls need to see the 2-year uptrend channel hold.

While we still believe that this pullback is simply a long over-due correction in an ongoing bull market, rather than the beginning of a long bear market, you still need to manage risk. You should always have an exit strategy for when the markets turn against you. This includes using trailing SELL Stops, holding a solid amount of cash, and using a hedge service that allows you to not just protect your wealth, but actually profit when the markets decline.

For those who have not yet taken advantage of our Special Offer to subscribe to Trend Technical Trader (TTT), seriously think about doing it now. Protecting your wealth in a declining market is critical to being a successful investor.

We have extended our Special Offer to make it easier for you to get TTT’s strategies for a correction, and especially for a full-on crash. It’s your money – take control!  Save $250 off the regular price of $649.95, and get TTT’s daily updates on the markets for only $399.95Click here to take advantage of this offer.

Stay tuned!

Headlines_sm

Headlines – April 2/18

  • China hammers US goods with tariffs as ‘sparks’ of trade war fly. Read story
  • Tesla bankrupt? Elon Musk cracks jokes after worst month in 7 years. Read story
  • Apple, Nike, and 18 other US companies have $150 billion at stake in China trade war. Read story
  • Sachs, Lord & Taylor breach: Data stolen on 5 million cards. Read story
  • The Kremlin clams Trump invited Putin to White House. Read story
  • Amazon shares fall 3% as Trump renews attack. Read story
  • Zuckerberg slams Apple CEO Cook’s comments on Facebook as ‘extremely glib’. Read story
  • French rail strike to test Macron. Read story
  • Fiery Chinese space station crashes into Pacific Ocean. Read story
  • Canada risks sending tech sector to ‘race to the bottom’: Jim Balsille. Read story
  • London murder rate higher than NYC for first time after 12 killings in just 19 days. Read story
  • India’s biggest renewable energy deal has been sealed.Read story
  • Israel scraps African migrant deportation plan. Read story
  • How to retire without money. Read story
  • Heavy rains in Kenya reveal a crack that shows Africa will split into two continents. Read story
  • On the lighter side. Check it out!

Stay tuned!

Headlines_sm

Headlines – March 29/18

  • Treasury yields extend slide ahead of jobless claims, inflation data. Read story
  • US jobless claims drop to lowest level since January 1973. Read story
  • The robots are killing Tesla. Read story
  • Canadian GDP expectantly falls in January as housing chill sets in. Read story
  • Trump attacks Amazon for paying ‘little or no taxes.’ Read story
  • Kim Jung Un became a regional power overnight by saying a single, meaningless word to Trump. Read story
  • North and South Korea leaders to meet for historic summit on April 27. Read story
  • Facebook to limit information it shares with data brokers. Read story
  • How data mining giant got me wrong. Read story
  • VW to buy back cars hit by German city diesel bans. Read story
  • The latest Apple Watch is a perfect example of why you should never buy a first generation Apple product. Read story
  • How Beijing is wining in the South China Sea. Read story
  • Analyst who left Fox  over ‘propaganda’ now takes aim at CNN, MSNBC. Read story
  • On the lighter side. Check it out!

Stay tuned!

Headlines_sm

Headlines – March 28/18

  • Kim Jong Un’s secret trip to China was full of gourmet food, wine, and music – take a look inside the lavish visit. Read story
  • China says Kim Jong Un has pledged to denuclearize Korea. Read story
  • Gold heads for back-to-back losses as dollar, stocks point higher. Read story
  • Higher Mexican auto wages the centrepiece of major US NAFTA proposal. Read story
  • China preparing list of retaliatory tariffs on US imports. Read story
  • Tesla is just months away from total collapse, says hedge-fund manager. Read story
  • Could the US tech sell-off finally bring stock valuations down to earth? Read story
  • Trump wants to go after Amazon. Read story
  • China just officially approved drone-based package delivery. Read story
  • How the ‘grocerant’ is disrupting the $500 billion food industry. Read story
  • Google’s ‘secret’ smart city on Toronto’s waterfront sparks row. Read story
  • Poll: Majority of Americans not seeing change in paycheck due to tax cuts. Read story
  • SUVs rule the auto industry, but is a peak coming? Read story
  • China using AI and facial recognition to fine jaywalkers via text. Read story
  • On the lighter side. Check it out!

Stay tuned!