{"id":92794,"date":"2016-07-12T12:55:58","date_gmt":"2016-07-12T16:55:58","guid":{"rendered":"http:\/\/countingpips.com\/?p=92794"},"modified":"2016-07-12T12:55:58","modified_gmt":"2016-07-12T16:55:58","slug":"stock-market-leading-sectors-and-the-price-of-coffee","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/07\/stock-market-leading-sectors-and-the-price-of-coffee\/","title":{"rendered":"Stock market, leading sectors, and the price of coffee"},"content":{"rendered":"
July 12, 2016<\/div>
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By Chris Vermeulen<\/a><\/strong><\/p>\n

It was a relatively\u00a0dull session yesterday (Monday July 11th) with stocks gapping higher only to trade sideways up till now. As I talked about in the\u00a0morning\u2019s video<\/em> I expected stocks to grind higher, and for vix\u00a0ETF to keep moving lower for another day or three.<\/p>\n

Coffee continues to be on caffeine-high today testing near today\u2019s high, which looks as though it will continue to run higher in the coming days.<\/p>\n

\"coffee-trent\"<\/p>\n

Precious metals continue to hold up but I don\u2019t\u00a0expect them to go much higher until equities reverse down in the next week or so.<\/p>\n

A couple leading sectors have been underperforming (transports, and financials). The stock market needs the financials to take part in this rally to new highs for the SP500 if the market is to have any real power behind it. The fact that both these key sectors are underperforming tell me there is not a ton\u00a0of power behind this move to new highs for large cap stocks.<\/p>\n

\"xf\"<\/p>\n

\"iyt\"<\/p>\n

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Also, a few months back I shared some bonus spike trade alerts with everyone. \u00a0Many of you loved these momentum trades every week as I do also. If you are interested in these spike alerts, see\u00a0yesterday\u2019s blog post<\/b><\/a> for details \u2013 Exciting Stuff!<\/p>

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Free Reports:<\/p><\/div>\r\n

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<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

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<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

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Talk soon,<\/p>\n

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Chris Vermeulen<\/div>\n
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By Chris Vermeulen It was a relatively\u00a0dull session yesterday (Monday July 11th) with stocks gapping higher only to trade sideways up till now. As I talked about in the\u00a0morning\u2019s video I expected stocks to grind higher, and for vix\u00a0ETF to keep moving lower for another day or three. Coffee continues to be on caffeine-high today […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-92794","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=92794"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92794\/revisions"}],"predecessor-version":[{"id":92795,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/92794\/revisions\/92795"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=92794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=92794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=92794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}