Category: Stock Markets 2010
The analysis published under this category are as follows.Wednesday, July 07, 2010
Stock Market Wall Of Worry For Wednesday / Stock-Markets / Stock Markets 2010
A disappointed close on Tuesday saw US equities shed most of their early gains. Initially well received bond auctions & syndicated deals from Austria & Spain boosted sentiment post US holidays. The most interesting snippet from the Spanish deal was that the Chinese Central Bank are reported to have been in for Eur 540m. This is potentially very significant as Asian accounts have been big sellers of European peripheral bond markets. This may mark a turning point in sentiment & could result in significant spread tightening as Asian accounts tend to hunt in packs
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Wednesday, July 07, 2010
How to Trade the Stock Market Death Cross / Stock-Markets / Stock Markets 2010
In today's short video, we look at two important aspects of the market - one is an intraday technique which I will show you how to use to determine where markets will turn, and the other is the infamous "death cross".
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Wednesday, July 07, 2010
Stock Market Disappointing Up-Session / Stock-Markets / Stock Markets 2010
The stock market indices had an up-day today, but it was disappointing. The session started out with a big gap up. The indices ran to overhead resistance near 1765 on the Nasdaq 100 and as high as 1042.50 on the S&P 500. A steady decline ensued early within the first hour that took the indices back down to 1720 on the NDX, 45 points off its high, and 1018 on the SPX. A late rally snapped the indices back to resistance.
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Wednesday, July 07, 2010
Stock Market Retests H&S Neckline, Perfect Setup for Opening Gap Down / Stock-Markets / Stock Markets 2010
U.S. stocks gained, with the Standard & Poor’s 500 Index rising from a 10-month low, amid speculation earnings growth will help equities rebound from their lowest valuations since the bull market began in 2009. (LOL!)
The S&P 500 climbed 0.5 percent to 1,028.06 at 4 p.m. in New York after jumping 2 percent in the first hour of trading. The Dow Jones Industrial Average gained 57.14 points, or 0.6 percent, to 9,743.62 to snap a seven-day losing streak, its longest since the financial crisis in 2008.
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Wednesday, July 07, 2010
Stock Market Bears Big Test Is Here...... / Stock-Markets / Stock Markets 2010
So why would I write such a thing with the bears so fully in control of the markets, you ask?
Because this is where the bears keep losing control of the markets. I'll explain.
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Tuesday, July 06, 2010
Stock Market Trading, Two Issues You DON’T Want To Own / Stock-Markets / Stock Markets 2010
Going into last week we said: “We’re in the middle of the road and could go either way”
Up to that point in time we were just looking at a normal pullback off the recent highs and everything was going according to that plan all up till the big gap down day. That gap pushed the markets down hard and fast and changed what was a normal pullback in the markets to a resumption of a full blown second leg down of this correction.
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Tuesday, July 06, 2010
Cheap Valuations Spur Bulls to Buy Stocks / Stock-Markets / Stock Markets 2010
With the major stock market indices oversold on almost every metric and the S&P 500 finding critical support around the 1100, European markets have pushed ahead today. Valuations have reached a 16 month low at 12.5 times earnings and we all know what happed in March 2009! Now equity analysts are raising their earnings estimates for U.S. companies at the fastest rate since at least 2004 just as stocks post the biggest losses in 16 months. Profit for S&P 500 companies will jump 34 percent in 2010, compared with a projected gain of 27% on March 29, according to estimates compiled by Bloomberg. The revision, the most during any quarter in at least six years, came as lower than forecast home sales, manufacturing and private sector job growth sent the benchmark gauge for American equities down 16% since April 23.
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Tuesday, July 06, 2010
Stock Market Plunge Just Part of a Normal Pattern? / Stock-Markets / Stock Markets 2010
Jon D. Markman writes: Although the stock market plunge last week was certainly unsettling, history and a slew of positive leading indicators show that this may just be part of a normal pattern with better news ahead.
Stocks were hammered on Tuesday as a negative revision to an economic report out of China and fears over European bank funding set off a global firestorm of selling. A very weak consumer confidence report didn't help matters.
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Monday, July 05, 2010
Stock and Gold Market Analysis for Dow, Nasdaq, Bonds, IBM, AAPL and BIDU / Stock-Markets / Stock Markets 2010
The stock market finished last week on a down note. It couldn't find any legs all week long, as disappointing economic data rolled out all week, and uncertainty filled the market place. Even Biggs had concerns and sold stocks. $INDU: The DOW traded down to its prior down trend line. The RSI has moved into oversold territory. There's nothing technically bullish so far on the DOW. The 50 and 200 day MAs are about to cross, which often can pull price in that direction, so maybe a little bounce next week, however, It still looks like this leg down has not finished.
Monday, July 05, 2010
Stock Markets Treading Water as the U.S. Celebrates / Stock-Markets / Stock Markets 2010
U.S. stocks dropped again Friday, pre the holiday weekend, condemning the Dow to its longest losing streak since the 2008 leg of the financial crisis, on concern the economic rebound is slowing after companies added fewer jobs than consensus expectations and factory orders slumped. General Electric, Caterpillar and Bank of America all shed at least 1.2% to lead the Dow to a seventh straight decline. Elsewhere Equity Residential, the largest publicly traded U.S. apartment landlord, fell 24% after Citigroup downgraded the shares. Airlines also retreated while drug makers rallied on takeover speculation.
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Monday, July 05, 2010
The Double-edged Sword of Financial Fear Stalks Stock Markets / Stock-Markets / Stock Markets 2010
Worries over the fragility of the economic recovery continues to haunt investors and dominate the new headlines. The latest headlines point to a widespread expectation of a double-dip recession by later this year. The latest round of worries are focused on potential European debt troubles, soft unemployment numbers and the latest round of U.S. economic numbers that proved to be disappointing to investors.Read full article... Read full article...
Monday, July 05, 2010
Stock Market Forecast to Head Back Down to 2009 Lows / Stock-Markets / Stock Markets 2010
I trust you’ve had a great Independence Day!
In four days, we will have published 1,776 editions of Money and Markets — one for every year between the birth of Christ and the birth of our nation.
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Sunday, July 04, 2010
Stock Market Support Broken, More Pain Ahead SP500 at 900? / Stock-Markets / Stock Markets 2010
The S&P 500 (proxies SPY and IVV) clearly broke key support yesterday and today. The index also now has a pattern of lower lows and lower highs. The price has been below its 200-day average for weeks now, with only a short peak above in June.
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Sunday, July 04, 2010
Stock Market SPX Breaks September Low as VIX Spikes / Stock-Markets / Stock Markets 2010
FDIC Friday on vacation. - The FDIC Failed Bank List announced no new bank closures this week. FDIC employees took an extended holiday.
Stocks, Commodities Drop on Jobs, Factory Orders Data
U.S. stocks fell, with the Dow Jones Industrial Average extending its longest slide since the financial crisis of 2008, and commodities slumped as data on jobs and factory orders added to concern the economic rebound is slowing. The 10-year Treasury yield held below 3 percent.
Sunday, July 04, 2010
Stocks Bull Market Correction or Bear Market? / Stock-Markets / Stock Markets 2010
My primary focus at this time remains the UK economy and housing market so as to conclude in a multi-year UK house prices trend forecast and ebook by mid August 2010.
However in response to requests and price action here is an interim analysis of the stock market:
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Saturday, July 03, 2010
Stock Market Bears In Full Control.... / Stock-Markets / Stock Markets 2010
It's a rare time indeed when the major daily index charts stay oversold. When RSI's hit 30 and stochastic's hit 7 across the board and we go lower you know you're in a bear market. This is what we dealt with today. Extremely oversold on the daily charts, not the 60-minute charts but the daily charts. That indeed unusual except when you're in a truly bearish scenario. After today's action I think it's pretty clear to all that things are in bad shape from both a fundamental and a technical perspective. The futures were flat going in to the big jobs report. Everyone was anticipating something good to come out of left field to help the bullish case come alive once again. They didn't get it. The numbers were not good. The private sector was anticipating job creation to the tune of 100k. Instead it got 83k. The unemployment level fell to 9.5%.
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Friday, July 02, 2010
Will Q2 Earnings Create a Stock Market Rally? / Stock-Markets / Stock Markets 2010
The stock market is down 16% since its April peak, getting close to a decline of 20%, the threshold of entering a bear market. The S&P 500 is already back to its level of early September, having given back 38% of the entire bull market off the March low last year.
Yet, while investor sentiment has turned more pessimistic, it has held up surprisingly well in the face of the market decline, the steady stream of negative U.S. economic reports, and the continuation of troubling news from Europe and Asia.
Friday, July 02, 2010
This Stock Market Indicator Says the Time to Buy is Near / Stock-Markets / Stock Markets 2010
My favorite indicator is showing “yellow” and is on the verge of flashing “green.”I know, I know…things look very pretty dreary right now.
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Friday, July 02, 2010
Stock Market May Surprise By Year-End / Stock-Markets / Stock Markets 2010
Economic news has been weak lately. Financial markets have performed poorly for over two months. Dow Theory "sell signals" have been issued. You may have heard a "death cross" is on the way. It is nearly impossible to find a bull among the growing sloth of bears. We are concerned about both the fundamentals and the technicals. However, in the context of history the current situation is not all that unusual. Since risk assets, such as global stocks, commodities, and commodity-dependent currencies have very high correlations in today’s liquidity-driven markets, the comments made below relative to stocks also generally apply to copper, silver, oil, emerging market stocks, the Australian dollar, Canadian dollar, risk, etc.
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Friday, July 02, 2010
Stock Market Bears Should Beware / Stock-Markets / Stock Markets 2010
I'm going to go through some signs that rabid bears might do well to pay attention to because I think the market is very close to a major bottom. (That doesn't mean we are guaranteed to make new highs, although we might. Just that we can probably expect an explosive rally soon, even if it ultimately turns out to be a counter trend rally in an ongoing bear market).
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