Category: Stock Markets 2010
The analysis published under this category are as follows.Friday, June 04, 2010
Seven Reasons We Are Glad To Have Stock Market Short Sell Positions / Stock-Markets / Stock Markets 2010
Seven reasons we are glad we have short exposure.
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Thursday, June 03, 2010
Should Investors Boycott the Stock Market? / Politics / Stock Markets 2010
Investing in stocks is marketed as believing in America. Imbedded is the assumption that buying stocks is a fair deal. An investor might make or lose money, but the same chance was taken by all participants.
Thursday, June 03, 2010
Underwhelming Jobs Numbers See Stocks Trim Gains / Stock-Markets / Stock Markets 2010
In another late late show Wednesday US stocks, as I expected, rebounded from oversold levels in the last hour of trading because of stronger than expected home sales (buyers took advantage of the now expired tax credit), decent auto sales numbers and a read on the Challenger layoffs survey which implied underlying jobs growth of 200k. Other contributing factors were the calm on the bad news from Europe front and comments from Bank of America CEO Brian Moynihan that he saw “more than hopeful signs” on loan demand.
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Thursday, June 03, 2010
Strong Three-Wave Rally Closes Stock Indices Near Session Highs / Stock-Markets / Stock Markets 2010
The stock market indices rocketed higher today after an early morning dip in a strong 3-wave rally. The indices had a superior turnaround session as earlier losses were wiped with a strong morning rally. They did get a midday pullback to test intraday support and then turned it around for the sharpest rally of the day in the last hour and a half. In the last 10--15 minutes they spiked up into the close and finished right near the session highs going away.
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Thursday, June 03, 2010
Stock Market Understanding Where We Are....Is it A Bear?..Still A Bull?... / Stock-Markets / Stock Markets 2010
The evolution of a market is never easy to fully understand as there can be so many "obvious" messages built in. It's obvious we're this, or it's obvious we're that, when in truth, nothing is very obvious at all.
Let's talk about what we do know. We know that the market at this moment is in a clear down trend. Today does not change that one bit.
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Thursday, June 03, 2010
Stock Market Trading Over The Next Four Months / Stock-Markets / Stock Markets 2010
Following the May 20, 2010 Market Minute titled "Reversal levels reached", global equity markets have completed the expected correction and are now starting the next four month trading cycle. This means that there is a high probability of positive markets in June.
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Wednesday, June 02, 2010
Tough Resistance Ahead for S&P 500 / Stock-Markets / Stock Markets 2010
Now that the e-mini S&P 500 has recovered just about all of yesterday's late-session plunge (18 points), what if anything does the big-picture candlestick chart tell us?
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Wednesday, June 02, 2010
European Bourses in Red But U.S. Stocks Set For Rebound / Stock-Markets / Stock Markets 2010
Tuesday saw another example of how nervous and jittery markets are prone to excesses, which result in exaggerated kneejerk reactions to the latest breaking news story. An AFP report that Lebanese forces had fired on Israeli warplanes triggering another late rush for the exit, leaving the Dow down 1.1%. Earlier in the day it had been buoyed by better than expected ISM (manufacturing) & constructing spending numbers.
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Wednesday, June 02, 2010
Institutional Investors An Critically Important Indicator? / Stock-Markets / Stock Markets 2010
For years, we have pointed out that Institutional Investors pretty much ruled the markets because they were responsible for 50% to 70%+ of the volume in any given day.
For that reason, watching how much they buy and how much they sell everyday is critical. Buying when Institutions are selling is foolhardy, and so is selling when Institutional investors are buying.
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Wednesday, June 02, 2010
Stock Market Indices Roll Over Hard in Last Hour / Stock-Markets / Stock Markets 2010
The stock market indices were quite volatile in the morning, opening sharply lower and then bouncing sharply higher. The Nasdaq 100 made new rally highs at that point just under 1880, but the S&P 500 did not make new highs, and that negative divergence caused a sharp pullback.
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Wednesday, June 02, 2010
Stock Market Gap Down Filled But Action Still Weak Overall.....Poor A/D Line / Stock-Markets / Stock Markets 2010
One thing the bears need to do to gain solid control of this market is to get a back-test gap failure off the 200-day exponential moving average which occurred today at the open. The only problem for the bears is the gap, instead of running lower, filled fairly quickly thus there is now still no open gap below that back test which if it did exist, would make the job of the bulls more than difficult in getting that 200-day back. A gap down failure off a back test can often be death for the bulls if they can't fill it immediately.
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Tuesday, June 01, 2010
China, ECB and the Rumour Mill Hurting Stocks / Stock-Markets / Stock Markets 2010
We’re back in full scale risk aversion mode. A weak crazy rumour driven opening in Europe today with wild talk of French and Italian credit rating downgrades which I give really no credence to as rating agencies have to put countries on negative watch or outlook BEFORE they take the knife to the sovereign rating (neither are currently on watch or negative outlook). For me the it’s the rather glum ECB Financial Stability Review report released yesterday evening which is the main culprit as it predicts “sizeable” bank loans losses next year and expects these to be higher than 2009. A further €195bn (gulp) is the number they mention.
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Tuesday, June 01, 2010
Caution Is the Buzzword After Last Week’s Stock Market Drop / Stock-Markets / Stock Markets 2010
Jon D. Markman writes: Risk aversion was the story of the week last week amid rising exasperation with Eurozone countries to act in unison to solve their debt afflictions and swelling concerns that financial reform may constrain U.S. financial companies' profits. Economic reports didn't offer much help to the stock market, as industrial manufacturing outlooks showed a surprising amount of slowing.
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Monday, May 31, 2010
Stocks Seek Direction in Holiday Thinned Trading / Stock-Markets / Stock Markets 2010
Friday looked to be a calm day after the large rise in global stock markets, Thursdays volatility had drifted lower, stocks were mixed to small better and credit spreads were tighter, but then the genius rating agency Fitch thought that the market needed a small present to liven things up, so Spain was downgraded at 17.35 BST ahead of a long liquidity drained holiday weekend in the UK and US from AAA to AA+ and this sent Dow Jones down 120 points in a few minutes.
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Monday, May 31, 2010
Stock Market Trend Remains Decisively Broken / Stock-Markets / Stock Markets 2010
Plan A remains in effect: Cash is king in a market still trying to determine whether we are standing on a bottom or trap door. It’s all about the economic indicators now and whether there will be any signs that the investment-led recovery in the U.S. is going to falter.
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Friday, May 28, 2010
How Post Stock Market Panic Bottoms Form / Stock-Markets / Stock Markets 2010
Many traders want to know if the market is undergoing a bottoming process or if it's rather setting up for a fresh decline to lower lows. We’ll attempt to provide an answer to that question in this commentary.Read full article... Read full article...
Friday, May 28, 2010
A Stock Technical Trading Tip You Can Use ... / Stock-Markets / Stock Markets 2010
The markets will be closed on Monday for the Memorial Day Holiday. Some of you may want to play around with charts over the weekend, so I will leave you with a technical tip.
The technical tip involves the use of two different Relative Strength numbers used simultaneously ... a daily Relative Strength number of 9 and the other set at 30.
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Friday, May 28, 2010
Stock Market, This Week Never Happened! / Stock-Markets / Stock Markets 2010
That’s right – yoos guys didn’t see nothing this week.
If anyone asks you, nothin’ happened this week and you don’t know nothin’ about no crash. I mean, what crash, right? We got those markets higher than where they were last Friday (don’t ask how) and if anyone tells you anything different just tell ‘em to come see me and Lloyd and we’ll tell ‘em the way it’s gonna be. Goldman who? Euro what? Financial regulation where? You know what your problem is? You worry too much! It’s not like the World is gonna end until 2012 so why not live a little?
Friday, May 28, 2010
Stock Market Correction is Over / Stock-Markets / Stock Markets 2010
After over six weeks of declining markets, models are now suggesting that the correction is over. The retracement of the broad-based NYSE Composite has moved model levels down to where major reversal occur (Chart 1). Market action today strongly indicates the completion of the pullback.
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Friday, May 28, 2010
Is the Correction in the S&P Over? / Stock-Markets / Stock Markets 2010
The Macro Trader’s view: Equity markets had enjoyed a solid rally until a couple of weeks ago when the Greek debt crisis morphed into a full blown Euro zone Sovereign debt crisis. The reaction from traders was swift; stocks were dumped and the Dollar rallied hard against the Euro as traders began to fear what some had long said; the Euro zone is such an imperfect creation it cannot survive.
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