Category: Stock Markets 2010
The analysis published under this category are as follows.Monday, June 14, 2010
Stock Market Stuck as Investors Demand Risk Premium for Buying / Stock-Markets / Stock Markets 2010
Jon D. Markman writes: Stocks rose worldwide over the past week by 2% to 5%, swelling with sudden courage after positive economic reports from China and shaking off some worsening news in the United States about retail sales and jobs.
Yet results in the past month are still heavily negative, ranging from -5.5% for U.S. stocks and -8.5% for Europe. China has suddenly become the most buoyant region, up 1.5% in the past month.
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Sunday, June 13, 2010
Is the Stock Market Trend Ready to Repeat Itself? / Stock-Markets / Stock Markets 2010
If we make the assumption the bottom of this leg down from the April top is done then the most common expectations are a bullish new high or a bearish right shoulder.
The bullish view is off to a new high. There's not enough technical damage to rule this out. It's not my primary view, but it's still viable. See weekly chart below for what that might look like.
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Saturday, June 12, 2010
Stocks Shrugging off Bad News Attempt a Rebound / Stock-Markets / Stock Markets 2010
Retail Sales in U.S. Fall as Consumers Boost Savings - Sales at U.S. retailers unexpectedly dropped in May, signaling consumers boosted savings as employment slowed and stocks fell. Purchases decreased 1.2 percent, the biggest drop since September 2009, following a 0.6 percent April gain that was larger than previously estimated, Commerce Department figures showed today in Washington. Demand plunged at building-material stores, reflecting the end of a government appliance rebate, and sales fell at auto dealers, in contrast to industry figures which showed a gain.
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Saturday, June 12, 2010
Quiet But Positive Day Below Resistance...Weekly's Bullish With Tails..... / Stock-Markets / Stock Markets 2010
Market is overbought short-term but there are no sellers for now. The positive divergences on the MACD on the daily charts on the S&P 500, Dow, and Nasdaq are keeping a bid in the market. Even poor retail sales numbers this morning for May couldn't kill the market today. The futures fell 30 points on the report on the Nasdaq but after the gap down, the market shot straight back up. No selling at the end of the day even though the Dow was down around 70 points intra-day.
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Saturday, June 12, 2010
Stock Market Sell in May and Go Away But For How Long? / Stock-Markets / Stock Markets 2010
‘Sell in May and Go Away’ sure did work for the month of May, the worst May for the stock market since 1962. And so far the month of June has not been much better.
But go away for how long? Two months? Three months? July is usually a pretty good month for a summer rally isn’t it?
Friday, June 11, 2010
Stock Markets Cautious After A Big Up Day / Stock-Markets / Stock Markets 2010
U.S. stocks rallied Thursday with the S&P 500 Index gaining the most in two weeks, as economic reports from China, Japan and Australia that surprised on the upside boosted optimism about the global economy. Caterpillar, the world’s largest maker of construction equipment, rose 5.5% and Alcoa, the biggest U.S. aluminum producer, climbed 4.2%. BP’s U.S. shares rebounded 12%, the most since October 2008 after earlier slumping to a 7 year low, as JPMorgan Chase said the rout in the stock has overshot the potential damage from the Gulf of Mexico oil spill. Goldman Sachs fell to the lowest in more than a year on reports of a fresh regulatory probe.
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Friday, June 11, 2010
The Stocks Bulls and Bears Battle / Stock-Markets / Stock Markets 2010
The battle between the Bulls and Bears continues with very choppy trading action. The rally from a potential double bottom is cause for concern for the Bears, however the Bulls are in a similar situation as they have to prove their case with sustained market action.
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Friday, June 11, 2010
Stock Market Bulls Fight Back! / Stock-Markets / Stock Markets 2010
The stock market indices had an excellent and very bullish session today. They started out with a sharp gap up, ran sharply in the morning with the S&P 500 taking out yesterday's highs, although at that point the Nasdaq 100 did not. In the following several hours they pulled back in a very orderly, falling wedge-type fashion, which resulted in a breakout eventually in the early afternoon and a rally into the close.
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Friday, June 11, 2010
Stock Market Explodes...... / Stock-Markets / Stock Markets 2010
And so it goes.... Yesterday I saw some strong set-ups across the board on individual charts along with some compressed MACD?s and positive divergences. Figured it was time for the market to go up. Due to poor performance I missed this move by getting shaken out, but ultimately the market did make the move I expected. A strong gap up today on no news that made it trend higher all day with hardly any significant selling along the way. Small pullback's that were quickly bought up as is the norm for such trend days.
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Friday, June 11, 2010
EXTEND & PRETEND: A Guide to the Stock Market Road Ahead / Stock-Markets / Stock Markets 2010
It will likely surprise you but like a trolley car we are now locked into economic tracks that determine our financial destination. Unfortunately, it isn’t a place anyone would choose knowingly other than possibly the Bilderberg elite.
Financially and economically we are lurching along, rocking from side to side with the occasional unexpected jarring flash crash jolt. But unlike a trolley line, for some reason no one seems to know what the destination is. Many are asking but few are willing to tell.
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Thursday, June 10, 2010
Stock Markets Risk Reward Analysis From Current Levels / Stock-Markets / Stock Markets 2010
While it may feel like we have entered a new bear market and that nothing like this has happened before, history paints a different picture. Markets move primarily based on greed and fear. The human emotions of greed and fear are the same today as they were in the 1980s (and as they were in the 1950s or any other period you choose to examine). This tells us if it happened before, it can happen again.
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Thursday, June 10, 2010
Stock Market Rallies Still Getting Sold Into / Stock-Markets / Stock Markets 2010
A poor close on Wall Street last night with the pattern of attempted rallies getting sold into continues, driven in part by the corporate calamity that is BP which lost another 16% (on fears they may be forced to suspend their dividend) and BP CDS is now around 400bp 12x higher than before the leak. Also “Bear Sterns & Lehman style” put buying in BP is scaring the market. .Anadarko Petroleum Corp., which has a 25% stake in the leaking well, slid 19% to a 15-month low.
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Thursday, June 10, 2010
Afternoon Sell-Off Stymies Stock Market Rally's Follow-Through / Stock-Markets / Stock Markets 2010
The stock market indices started off the day with a bang, gapped up, pulled back, tested support successfully, and then really had a strong morning run that took them to the session highs above 1820 on the Nasdaq 100 and near 1077 on the S&P 500.
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Wednesday, June 09, 2010
Severely Oversold Stock Market Offers Up A Rally... / Stock-Markets / Stock Markets 2010
I haven't seen a set up this good for quite some time. After studying the charts this morning I would have guaranteed a short-term rally was 100% in the cards. No ands, if, or buts about it.
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Wednesday, June 09, 2010
Some Stock Market Technical Signposts / Stock-Markets / Stock Markets 2010
In this article, I will utilize some daily charts to pinpoint buy and sell points on the ETF's that represent the major indices. These pivot points can be used as road signs to help navigate this hostile market environment.
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Wednesday, June 09, 2010
Sell Stocks and Go to Cash, BMO Cites Weakening Credit Conditions / Stock-Markets / Stock Markets 2010
I do not think I have ever seen a warning like this one. BMO literally says Go to Cash - In Plain English
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Wednesday, June 09, 2010
S&P 500 Stock Market Trends Forecast for June 2010 / Stock-Markets / Stock Markets 2010
This is a monthly chart for the S&P 500 showing 20 years of performance. Since this index is the one used by professional traders, it is important to understand how it is performing. This chart is also excellent at defining the longer-term trends for the market.
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Wednesday, June 09, 2010
Robert Prechter Called the Stock Market Uptrend 'Out' in April / Stock-Markets / Stock Markets 2010
Even non-sports fans have heard by now about the recent debacle known as Baseballgate.
With two outs in the ninth inning, a first-base umpire called "SAFE" when the runner was clearly "OUT." But this was no ordinary missed call; it cost Detroit Tigers pitcher Armando Galarraga a perfect game.
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Wednesday, June 09, 2010
Stock Markets Set For A Risky Wednesday / Stock-Markets / Stock Markets 2010
U.S. stocks rose Tuesday, pushing the Standard & Poor’s 500 Index up 1.1% after another rollercoaster ride of a day. The index had swung between gains and losses at least 13 times, as a rally in commodity markets boosted oil and metals producers and overshadowed losses in semiconductor companies
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Wednesday, June 09, 2010
Stocks Bull and Bear Market Simple Indicator / Stock-Markets / Stock Markets 2010
Dr. Steve Sjuggerud writes: I don't know why everyone doesn't get it.
Let's see if you do: When the stocks are above the blue line, it's a bull market, and you want to own stocks. When stocks are below the blue line, it's a bear market.