Category: Financial Markets 2010
The analysis published under this category are as follows.
Monday, April 19, 2010
Stock Markets Retreat On Various Worries / Stock-Markets / Financial Markets 2010
By: PaddyPowerTrader
Equity investors have not had much to cheer about since our last note on Friday, resulting in widespread losses across the globe. A big dip in US consumer confidence reported Friday afternoon allied with more opinion polls pointing to a “hung” parliament in the UK (due to a surge in support for the Lib Dems). Even Mother Nature is acting against investors. Iceland’s unpronounceable erupting volcano has continued to spew ash into the skies of Europe, grounding aircraft at an estimated cost of about $200m a day according to the International Air Transport Association. In the US, financials lost close to 4% on Friday led by a 13% decline at Goldman Sachs after the SEC charged the bank with fraud in relation to a CDO.
Sunday, April 18, 2010
Goldman Sachs Black Swan Triggers Stock Market Sell Signal? / Stock-Markets / Financial Markets 2010
By: Nadeem_Walayat
The out of the blue news that the S.E.C. will actually do its job and attempt to hold Goldman Sachs' to account for mortgage fraud on an epic scale that played a large part in bringing about the whole financial crisis as Goldman's sold toxic mortgage backed securities (MBS) to gullible greedy investors (other banks) that it was betting AGAINST, i.e. was priming the U.S. housing market to collapse so that it could profit from the collapse as the value of MBS were wiped out.
Saturday, April 17, 2010
S&P Reverses as SEC Sues Goldman Sachs for Fraud / Stock-Markets / Financial Markets 2010
By: Anthony_Cherniawski
Europe’s air-travel chaos worsened as the ash cloud from an Icelandic volcano spread as far east as Moscow, cutting off parts of Britain, France and Germany and threatening weekend travel.
As many as 15,000 flights may be lost in the region today, or about half the usual timetable, according to Brian Flynn, operations chief at Eurocontrol, which oversees the region’s flight paths. That’s up from 8,000 cancellations yesterday.
Friday, April 16, 2010
High Frequency Trading Friday, The WSJ Finally Catches On! / Stock-Markets / Financial Markets 2010
By: PhilStockWorld
Has the World gone sane?
I was amazed this morning to see both the usual contrarian indicator of a bullish cover on Newsweek (mission accomplished market pumpers) and a good piece of reporting in the Journal on a topic ZeroHedge and I have been pounding the table on for a year. Our readers will find nothing new in the article "This Market Has Its Freq On" but to see it finally summarized in the MSM (giving us no credit at all, of course) is at least a little bit satisfying.
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Friday, April 16, 2010
It Is All About Corporate Earnings Today / Stock-Markets / Financial Markets 2010
By: PaddyPowerTrader
US stocks rose again Thursday, sending the S&P 500 toward its longest weekly winning streak since 2007, as optimism that earnings and the economy are growing overshadowed an unexpected increase in jobless claims. Intel, Caterpillar and General Electric helped lead the Dow higher after Federal Reserve reports showed factory production increased 0.9% in February and regional data indicated the gains extended into this month. UPS rallied 5.3% after lifting its earnings forecast and Mariner Energy surged 42% after Apache agreed to buy the company.
Thursday, April 15, 2010
Freaky Thursday - Foreclosures and China GDP Hit Records / Stock-Markets / Financial Markets 2010
By: PhilStockWorld
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." - Thomas Jefferson
Tuesday, April 13, 2010
Stocks Stealth Bull Market Touches Dow 11,000 / News_Letter / Financial Markets 2010
By: NewsLetter
The Market Oracle NewsletterApril 11th, 2010 Issue #21 Vol. 4
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Tuesday, April 13, 2010
Stock Market Greek Euphoria Fades And Alcoa Disappoints / Stock-Markets / Financial Markets 2010
By: PaddyPowerTrader
Looking across markets this morning I am struggling to identify consistent themes. Perhaps a little disappointingly, equities have largely failed to kick on despite confirmation of the Greek aid package over the weekend. That said, US markets did close up small enough to see the Dow close just above 11,000 and the VIX has declined to a new low (indeed the lowest level seen since July 2007). Stocks wise AIG (+8.10%) on speculation the Treasury Department may lower its stake in the bailed-out insurer and Peabody (+1.66%) as the company and state-owned Coal India are discussing possible cooperative ventures as part of broad-ranging, preliminary talks.
Monday, April 12, 2010
Gold Protection as U.S. Drifts From Freedom to Facism / Stock-Markets / Financial Markets 2010
By: Captain_Hook
Orwell was right all along. Big Brother (the bureaucracy) is to grow too powerful for anybody’s good. And this is now happening in America, where the Ministry of Truth broadcasts endless propaganda daily to affect opinion and beliefs, and the authority of the Thought Police has grown to such proportions we can now say, here we are, totalitarianism is upon us a la 1984. What’s more, if this was not evident to you before, it should be now with Obamacare, the single most offensive blow to the citizenry’s constitutional rights in the history of the United States, and voted in despite being at odds with the will of the people.
Monday, April 12, 2010
Dow 11,000 Today?, Yay Greece Debt Crisis Solved, Again! / Stock-Markets / Financial Markets 2010
By: PhilStockWorld
Certainly this has to (again) be the catalyst that (again) gets us over 11,000 this morning. Perhaps if this doesn’t do the trick the Fed can come out with a statement that they will be leaving monetary policy at FREE for another 6 months (again) or perhaps Obama can say he thinks we should put more Americans to work (again) or perhaps some of the Gang of 12 analysts can come out with even bigger earnings estimates (again).
Monday, April 12, 2010
Markets Gets Clarity as Greece Gets Some Breathing Space / Stock-Markets / Financial Markets 2010
By: PaddyPowerTrader
For some time now markets have been crying out for clarity over the size and price of the EU’s proposed aid package for Greece. Prompted by last week’s developments in the Greek bond market, that clarity has finally arrived. Risk sentiment rebounded on Friday as newswires reported that EU finance ministers would be holding a conference call on Sunday to hammer out the details of a package that would be substantial in order to get the attention of markets. The EU Commissioner for Economic and Monetary Affairs, Ollie Rehn, said that EU finance ministers had agreed that Greece would be provided with up to €30bn of three-year loans at an interest rate of around 5% (the actual rate will be 300bps over the relevant Euribor swap rate with an additional 50bps service charge).
Sunday, April 11, 2010
Stocks Stealth Bull Market Touches Dow 11,000 / Stock-Markets / Financial Markets 2010
By: Nadeem_Walayat
Whilst the blogosfear still asks the question whether this is a bear market rally or a new bull market, the stocks stealth bull market achieves a new milestone right at the end of the week by touching the Dow 11k target as indicated in last weeks brief update as the weeks most probable trend outcome.
Sunday, April 11, 2010
Economic Recovery Follows Stealth Stocks Bull Market, BlogosFear Cry's Manipulated Markets / News_Letter / Financial Markets 2010
By: NewsLetter
The Market Oracle NewsletterApril 4th, 2010 Issue #20 Vol. 4
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Sunday, April 11, 2010
Big Banks Hiding Real Debt and Risk Levels from Investors in Corporate Earnings Reports / Stock-Markets / Financial Markets 2010
By: Anthony_Cherniawski
Major banks have masked their risk levels in the past five quarters by temporarily lowering their debt just before reporting it to the public, according to data from the Federal Reserve Bank of New York. A group of 18 banks—which includes Goldman Sachs Group Inc., Morgan Stanley, J.P. Morgan Chase & Co., Bank of America Corp. and Citigroup Inc.—understated the debt levels used to fund securities trades by lowering them an average of 42% at the end of each of the past five quarterly periods, the data show. The banks, which publicly release debt data each quarter, then boosted the debt levels in the middle of successive quarters.
Friday, April 09, 2010
The UK Stocks, Bonds and British Pound Elections and Volatility Analysis / ElectionOracle / Financial Markets 2010
By: Seven_Days_Ahead
With volatility across all asset classes globally at or near recent lows the question is: where is volatility going now? Normally, an options trader uses low volatility to build up long positions ( going ‘long premium’) in the options market as increasing volatility drags up option prices. However, since the start of 2010 options traders who have used any sell-off in volatility to buy options have lost out in most cases as volatility has just fallen further.
Thursday, April 08, 2010
The Engineering of a Financial Crisis / Stock-Markets / Financial Markets 2010
By: Sol_Palha
"Nothing is more common on earth than to deceive and be deceived." ~ Johann G. Seume, 1763-1810, German Theologist.
The Dow continues to put in new highs but our 3 moving averages of new highs are trading well off the highs they put in last year. The 20 day moving average (current reading = 640) of new highs would have to surge past the 2500 mark to have a chance of putting in a new high. Based on this week's readings it would have to surge 400% from its current reading. It is very strange and disturbing that a market that appears to be strong is actually not as strong as it appears to be when one examines its internal structure.
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Thursday, April 08, 2010
How Might Gold, Silver and T-bonds Behave in a Bear Market? / Stock-Markets / Financial Markets 2010
By: EWI
Can precious metals and U.S. Treasury bonds fall together?
Enjoy this excerpt from Elliott Wave International's free Club EWI resource, Independent Investor eBook (Now With 6 New Chapters!). Please see details on how to read the entire eBook below.
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Thursday, April 08, 2010
Mario's Market Takes: The New Reality Random Nightmare / Stock-Markets / Financial Markets 2010
By: Mario_Cavolo
I have kept quiet for well over a week watching the threat of explosive upside frenzy boil and boil, listening to practically every very respected primary advisor I am in touch with suggest this explosive upside rally is very much possibly imminent..oh I love the wording. From 60 year cycles to "this is the inflationary response" which even I have said, to sneaky slow bull markets, the markets are only going up driven by obvious sovereign level strategy that the stock markets will indeed be the root of the recovery. Read full article... Read full article...
Tuesday, April 06, 2010
Stock Market Toppy Tuesday, LA City Runs Out of Money on June 30th? / Stock-Markets / Financial Markets 2010
By: PhilStockWorld
Is Los Angeles unique or just the first?
City Controller Wendy Greuel declared an "urgent financial crisis" and said the only way to continue paying bills in the short term was to begin to drain the city’s already limited emergency reserve. Greuel said the city would need to pull money from its $191 million in reserve funds immediately to pay its bills next month. She expects the city to be out of money, and probably in the red, by June 30. Some officials fear that using that money would not only leave the city without reserves in case of emergencies, it would also probably trigger another downgrade in its Wall Street credit ratings.
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Tuesday, April 06, 2010
Marc Faber Says Don't Buy Stocks, Euro Oversold / Stock-Markets / Financial Markets 2010
By: Submissions
Marc Faber Again says Don't Buy Stocks, Says Equities to end lower this year, Does not expect Stocks to make new highs, and expects a 20% correction.