Category: Stock Markets 2010
The analysis published under this category are as follows.Saturday, November 20, 2010
Stock Market Hindenburg Crash Omen Meets the Heisenberg Uncertainty Principle / Stock-Markets / Stock Markets 2010
Tracking Market Cycles as “Fields” in Price and Time - The rather ominous sounding Hindenburg Omen was the latest in a long line of one-off indicators said to be heralding an imminent global stock market crash. The basic premise of the Hindenburg Omen is worthy of contemplation. Extreme readings in the number of shares reaching new highs and shares reaching new lows simultaneously are the basic concept behind this signal of imminent market disaster.
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Saturday, November 20, 2010
Here’s What Stock Market Investors Should Be Watching! / Stock-Markets / Stock Markets 2010
The market is in what is usually its favorable season of November to May, when it typically makes most of its gains each year. But it hasn’t been that way so far.
Among other worries, analysts are concerned that the market’s consistent annual seasonality of ‘Sell in May and Go Away (until November1)’ has failed to work over the last two months. The market topped out on schedule in late April and was down 16% by July. This fall it began what is historically the worst three-month period of the year, August, September and October, with a big decline in August, which was the worst August in years. But then, usually negative September and October turned out to be just about the most positive two months of the year.
Thursday, November 18, 2010
Dow Trails in Narrowly Mixed Session / Stock-Markets / Stock Markets 2010
The stock market indices ended mixed today, but it was an interesting ride. They started out firm, running up to resistance at 2110 on the Nasdaq 100 and 1184 on the S&P 500. Then they backed off and coiled for several hours, tried a midday rally, but once again reached those same levels and couldn't get through, and backed and filled. With about an hour and fifteen minutes to go the indices suddenly rolled over hard to test yesterday's low, but bounced back sharply in the last 15-20 minutes to close mixed on the day.
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Thursday, November 18, 2010
Stock Market Hanging By A Thread..... / Stock-Markets / Stock Markets 2010
For now that is the best way to explain how it's doing with regards to those key 50-day exponential moving averages. Barely hanging above them, but not exactly exploding away from them, so they're far away in the rear view mirror. We are testing close to them but not getting the push off that we've become accustomed to in this up trend over the past several months. The problem for continual upside is those nasty sentiment issues I will touch on later on in this report.
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Wednesday, November 17, 2010
How Far Could Stocks Fall? Probabilistic Analysis of the Stock Market’s Downside Risk / Stock-Markets / Stock Markets 2010
With the financial markets facing uncertainty about the balance sheets of banks and governments in Ireland, Spain, and Portugal, continued weakness in stocks, commodities, and precious metals remains a possibility. From a risk management standpoint, it is important for us to understand the possible downside risks in the short-to-intermediate-term. Since risk assets (stocks, commodities, precious metals) have been primarily driven by liquidity, their correlations have been strong since the 2010 summer lows. Therefore, the S&P 500 Index can be used as a proxy for all risk assets. If the downside risks are muted in stocks, they are also somewhat muted in commodities as well.
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Wednesday, November 17, 2010
John Paulson's Secret Gold Stocks Investment Strategy / Commodities / Stock Markets 2010
John Paulson almost single-handedly made gold “cool” again on Wall Street.The man who made billions betting against subprime debt put the spotlight on gold when his firm revealed in May 2009 that he was betting on gold in a big way.
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Wednesday, November 17, 2010
Stock Market Sell Off Accelerates and Extends to Sixth Session / Stock-Markets / Stock Markets 2010
The stock market indices extended their slide into the sixth day and accelerated to the downside today, reaching new pullback lows, piercing some key support levels at 2100 on the Nasdaq 100 and 1180 on the S&P 500. They did manage to snap back in the last hour or so, but still had a very negative session.
Net on the day, the Dow managed to hold the 11,000 level, down 178.47 at 11,023.50. The S&P 500 was down 19.41 at 1178.34, and the Nasdaq 100 got hit for nearly 2%, down 37.85 at 2093.63.
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Tuesday, November 16, 2010
Mixed Session, as S&P 500 and Nasdaq Trail Dow / Stock-Markets / Stock Markets 2010
The stock market indices ended mixed on the session after an afternoon sell off. The day started with a gap up. They pulled back, tested support, and then stair-stepped their way higher. By midday they were at the session highs on the S&P 500, but far from it on the Nasdaq 100. That negative divergence resulted in a rollover, but they also backed off of the key 5-day declining tops lines, which also added additional resistance right there. So, not a surprise they backed off, but a little disappointing.
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Tuesday, November 16, 2010
Stock Market Testing the 20's... 50's On Deck.... / Stock-Markets / Stock Markets 2010
When the S&P 500 made its measurement at 1220, I had warned quite awhile ago, likely several weeks, possibly a couple of months, that the market would struggle with appreciable upside action. The measurement, once made, is usually reason alone for a long rest with more down side action than up side action. However, when massively overbought daily charts are added to the equation, there's enough reason to now bring the markets lower for a while in order to rest. To unwind those massively overbought oscillators. It's healthy and quite necessary. You can only get so overbought for so long before the rubber band snaps and brings things back down.
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Monday, November 15, 2010
Stock Market Trading Plan into Year End / Stock-Markets / Stock Markets 2010
It sure looks like the markets are in a wave 4 which leads us to a fork in the road as in Sideways Or Down. BUT does it really matter? Not really as you’ll see.
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Monday, November 15, 2010
Stock Market Slide Continuous towards Tipping Point... / Stock-Markets / Stock Markets 2010
The markets are at a point where if they break down further, the bears gain control...
Recommendation: Take no action.
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Monday, November 15, 2010
U.S. Stocks to be Steered by Dollar and Europe's Ireland Debt Crisis / Stock-Markets / Stock Markets 2010
Jon D. Markman writes: Stocks retreated over the past week following an earnings warning from tech giant Cisco Systems Inc. (Nasdaq: CSCO), renewed tensions in Europe over the ability of Ireland to pay its debts and a surge in the U.S. dollar.
Overlaying the action was word out of South Korea that the G-20 meeting of leaders of the world's largest economies was not going well, with European and Asian leaders expressing exasperation with U.S. monetary stimulus and a distaste for U.S. President Barack Obama's scolding tone on export targets.
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Sunday, November 14, 2010
Stock Market Trending for a Top or Just Quantitative Selling? / Stock-Markets / Stock Markets 2010
The stock markets are very over bought on the daily time frame and due for some corrective behavior. The question has to be what part of the cycle will this corrective behavior fill? Is it a major top? Or just simple corrective selling pressure post run up to quantitative easing?
There are two Elliott Wave counts that seem to be very common. The bullish and bearish view!
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Saturday, November 13, 2010
Stock Market Reverses at 61.8% Level, Gold Unconfirmed New Highs / Stock-Markets / Stock Markets 2010
The FDIC Failed Bank List announced three new bank closures this week. As of the latest report released by the FDIC there were 829 problem banks at June 30, 2010 up from 775 at March 31. Total assets held by the troubled institutions is $403.0 billion, a slight decrease from $431 billion in the previous quarter.
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Saturday, November 13, 2010
Demystifying the S&P 1228 Target that Killed the Rally / Stock-Markets / Stock Markets 2010
If you were not looking for an important potential market top in the 20-week cycle, that was anticipated to be running long, on November 8, as the market closed in on the S&P 500 target of 1228, you must not be familiar with the Long Wave Dynamics approach to market analysis. The Long Wave Dynamics (LWD) approach recognizes that Fibonacci forces exert powerful but trackable forces on market cycles in both price and time.
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Saturday, November 13, 2010
Stock Market Negative Finish to Worst Week Since August / Stock-Markets / Stock Markets 2010
The stock market indices had a down day to end the week. They suffered sharp losses in the morning, although they did bounce back in the afternoon part of the session to take back a chunk of the losses, especially on the Nasdaq 100. But the S&P 500 didn't fare too well during the comeback and was only able to snapback 5 points, still ending down, just under 1200.
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Saturday, November 13, 2010
Contrary Opinion and the Fear Factor / Stock-Markets / Stock Markets 2010
Wink Twyman writes: Last week, I turned on CNBC in the early morning hours. Anchor Sue Herera was in a bubbly mood. She said that, after the market’s performance that week, one commentator said, “You ain’t seen nothing yet!” Because I am jaded on media coverage, I immediately took Herera’s cheerleading as a signal that the top was close at hand. It occurred to me that the average investor and trader might take Herera’s words to heart, rush out to Scottrade or Charles Schwab, and plunk down their hard-earned money on “black,” I mean, the stock of their choice because the market was now safe.Read full article... Read full article...
Saturday, November 13, 2010
Stock Market Selling Finally Here... A Look Ahead... / Stock-Markets / Stock Markets 2010
It took long enough but the selling has finally kicked in for this market. It has done so in a pretty strong way, especially after today's move lower where the very heavy majority of stocks finished in the red. Finally some widespread selling across the board, which is something that has been missing for some time now as the bears tried unsuccessfully to take this market down. The selling isn't likely done for a while longer as any small bounce up early next week off of oversold 60-minute charts should be sold off again with the market likely testing down to those 50-day exponential moving averages before any further attempt is made to move higher once again. It's extremely normal for markets to test those 50-day exponential moving averages. What does matter is how the market reacts on those oscillators to the buying that will occur off those 50-day tests.
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Saturday, November 13, 2010
Stock Market Brief Profit Taking or New Wall of Worry? / Stock-Markets / Stock Markets 2010
Most of the bricks in the previous wall of worry have been removed.
Economic reports have continued to improve over recent weeks; in manufacturing, the service sector, retail sales, durable goods orders, and even in the employment picture, where 151,000 new jobs were created in October, more than double the 70,000 that economists expected.
Friday, November 12, 2010
Stock Market Remains Vulnerable Short-Term / Stock-Markets / Stock Markets 2010
On November 9th, in the Dollar, Euro, Gold, Silver, and the VIX are Poised for Reversals, we outlined numerous concerns related to the elevated odds of short-to-intermediate term reversal of the “risk-on” trade. The elements remain in place for a market correction. However, the door remains open to higher highs in stocks. A high volume down day on Friday with declines of greater than 1% in the major averages would increase the odds of a one–to-three week pullback.
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