Category: Stock Markets 2010
The analysis published under this category are as follows.Friday, May 28, 2010
U.S. Stock and Bond Market Total Return vs Price Return / Stock-Markets / Stock Markets 2010
We read several blogs lately that lamented the lack of total return charts, instead of merely price charts. While total return is less readily available in charting services than price only, there are some indexes that are available in both price return and total return (price + dividends or interest).
This article presents several of those dual charts based on MSCI data and Dow Jones data. The MSCI data came directly from MSCI, and the Dow Jones data and charts came from StockCharts.com
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Friday, May 28, 2010
Stock Market Big Day, as Indices Spike Higher Into the Close / Stock-Markets / Stock Markets 2010
The stock market indices had a big day, as huge gaps spurred the market sharply higher at the opening. Early on they got to key overhead resistance at 1850 on the Nasdaq 100 and 1095 on the S&P 500, backed and filled the rest of the morning, and then consolidated in a bullish manner holding support.
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Friday, May 28, 2010
Brief Stock Market Notes / Stock-Markets / Stock Markets 2010
I wanted to give you an overview of what I see today and explain how you should view things, emphasizing the need to understand your own investment strategy, because I know that those who read this site comprise ST traders, swing traders and long-term investors.
For those who read my latest special report, today's market activity should come as no surprise. As you will recall, I mentioned the likelihood of a short-term bounce in the market.
Friday, May 28, 2010
Stock Market Right Shoulder Bounce.... / Stock-Markets / Stock Markets 2010
The one thing that prevented us from shorting the last few days although the action was poor overall, was the very oversold condition of the MACD's on all the major index charts. Just so far compressed down that the market needed to find a way to get those puppies back up. Suddenly, last night we got news from China that they will be backing the European banks for now and there you go. The news the market needed to unwind those oversold oscillators. Amazing how these pieces of news come out just when the market has to have it. Great stuff.
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Thursday, May 27, 2010
Possible Scenario For Stock Market Rally Technicals and Fundamentals Could Converge / Stock-Markets / Stock Markets 2010
The bearish outlook is well documented with extensive coverage of the problems in Europe and the "dawn of the next credit crisis". We understand and respect the bearish case. We also understand and respect the seriousness of the debt problems in Europe. However, since the market’s longer-term stance remains positive, it is also reasonable to assume the problems of the day may not yet derail the bull market.
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Thursday, May 27, 2010
Robert Prechter Stock Market Trend and Cycles Forecast / Stock-Markets / Stock Markets 2010
The following article is excerpted from Robert Prechter's current issue of the Elliott Wave Theorist. For a limited time, you can Download the full 10-page issue, FREE.
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Thursday, May 27, 2010
Rogue Chinese Whispers Denied As Stocks Rally / Stock-Markets / Stock Markets 2010
Flip flop on another whiplash Wednesday as US stocks fell late in the day, with the Dow closing below 10,000 for the first time since February, as a (seemingly bogus) report that China may review investments in European government bonds spurred concern the credit crisis will worsen. Microsoft tumbled 4.1% after CEO Steve Ballmer said the effects of the debt crisis will not be isolated to Europe.
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Thursday, May 27, 2010
Global Stock Markets Gyrate on Fears of Europe’s Spreading Financial Crisis / Stock-Markets / Stock Markets 2010
David Walsh writes: Global stock markets were extraordinarily unstable Tuesday, as fears about the expanding European financial crisis and the possibility of military conflict on the Korean peninsula combined to shake investors.
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Thursday, May 27, 2010
Stock Market Nothing Good Here....Rejection At Gap Resistance.... / Stock-Markets / Stock Markets 2010
Yesterday showed a fourth gap down off the top at 1220 S&P 500. Fourth gaps are often the place where we see exhaustion in a down pattern. Where down trends go to die for a short period of time. That short period of time was a half-day of upside action. How incredibly sad is that!!
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Wednesday, May 26, 2010
Stock Market Break of S&P 1044 Implications / Stock-Markets / Stock Markets 2010
Let me start off by pointing out that we did indeed break below the yearly cycle low yesterday.
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Wednesday, May 26, 2010
Stocks Bounce as LIBOR Stabilizes / Stock-Markets / Stock Markets 2010
Yesterday was a game of two halves. An early rout had seen stocks plunge, with the Dow down 3.1% and below the psychological 10k level. Causes include fears of the Korean crisis spinning out of control , Spanish banking woes & funding concerns for financials in general due to the dramatic rise in USD Libor. Put that lot together and you have an indigestible mix.
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Wednesday, May 26, 2010
Stock Market Topping Continues, Beware of Any Short-Term Rallies! / Stock-Markets / Stock Markets 2010
Things have changed rather quickly for the stock market. Up until two weeks ago it was very difficult for a technical analyst to make a bearish argument. All over the world the big indexes were trending upwards, exhibiting no signs of technical weakness.
Trend-following indicators were rising, too. And indicators based on market breadth, like the advance-decline line and the number of stocks making 52-week highs or lows, were healthy. Last but not least the chart patterns showed no signs of deterioration.
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Wednesday, May 26, 2010
Stock Market Sell in May But Don’t Go Away / Stock-Markets / Stock Markets 2010
William Patalon III writes: If you embrace the old Wall Street adage "Sell in May and Go Away" as an investing strategy, you could end up with a bad case of the U.S. stock market summer blues, a new research study has found.
That concept is based on the notion that the May-to-November span provides a weak environment for U.S. stock market investors. According to Jon Markman, a best-selling author and contributing writer to Money Morning, that viewpoint started gaining traction in late April. And why not? The major U.S. indexes were already up a lot more than anyone expected, making that a seemingly convenient point to take profits.
Wednesday, May 26, 2010
Stock Market Double Bottom Exhaustion...Short-term Only... / Stock-Markets / Stock Markets 2010
The bulls were up against it big time early today with the futures crushed and yet another gap down setting up in the pattern. Another gap was not what the bulls wanted to see, especially since the S&P 500 was already so far from its 200-day exponential moving average all the way up at 1101. If you get too far way it allows for the trailing 20-day exponential moving average to catch up very rapidly and that's also very bad news for the bulls. The 20-day was at 1164 a week ago but is now all the way down to 1128, only a drop more than 2% from crossing the 200's. If the 20's cross below the 200's it's very negative for the bulls.
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Tuesday, May 25, 2010
Stock Markets Hit by Spanish Woes, Korea And Soaring USD LIBOR / Stock-Markets / Stock Markets 2010
Back into crisis mode courtesy of Korean sabre rattling, Spanish banking woes & skyrocketing USD inter bank rates. This toxic mix dragged down US stocks Monday with the Dow Jones Industrial Average to its lowest level in three months. Bank of America and JPMorgan Chase declined 3.5% plus to lead losses on the Dow, while Wells Fargo shed 4.7% after being downgraded over at Goldman Sachs.
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Tuesday, May 25, 2010
Stock Market Near-term Selling Pressure Near Exhaustion? / Stock-Markets / Stock Markets 2010
If the Volatility Index (VIX) versus S&P 500 (SPX) pattern analysis has any merit, then this morning it should be indicating that the spike to new lows in the SPX is eliciting increasing levels of fear, represented by a spike to new highs in the VIX. This is NOT the case so far today.
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Tuesday, May 25, 2010
Global Stock Markets Co-ordinated 2.5% Tuesday Drop / Stock-Markets / Stock Markets 2010
We failed to retake 10,200 yesterday.We failed to retake 1,100 on the S&P and we failed our 2,225 line on the Nasdaq and that means we’ll be testing that 630 line on the Russell and, if they don’t hold, I’ll be sending a box of chocolates to CNBC to apologize for calling them a bunch of dangerous morons when they were telling their viewers to panic and liquidate their portfolios on Friday afternoon. Today, on their web-site, CNBC has quite the collection of headline articles including: Read full article... Read full article...
Tuesday, May 25, 2010
Why Middle-Class America Is About to Get Slaughtered / Stock-Markets / Stock Markets 2010
Tom Dyson writes: I spoke to a broker at Fidelity a few weeks ago. At the time, the stock market was rising almost every day. There was so much optimism in the marketplace it was almost surreal.
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Tuesday, May 25, 2010
Why We Hate ETFs / Stock-Markets / Stock Markets 2010
Over the last 5 months we’ve been talking about buying the dips and selling the rips which up until recently has been the buzz. However we can now replace that with:
“Buy in the face of fear and sell into all rallies.”
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Tuesday, May 25, 2010
Stock Market Indices Roll Over, Repelled by Resistance / Stock-Markets / Stock Markets 2010
The stock market indices started out the day with firm action, backed off, held support, and then ran to the session highs early in the morning. By midday they retested again and again key overhead resistance at 1840 on the Nasdaq 100 and 1090 on the S&P 500, but couldn't get through and began a slow rollover in the afternoon. In the last 15 minutes that accelerated down into the session lows near key support, particularly on the S&P 500.
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