Category: Stock Markets 2010
The analysis published under this category are as follows.Friday, March 19, 2010
Take Time from March Madness for 2010's Most Important Investment Report / Stock-Markets / Stock Markets 2010
You got your brackets filled out before the NCAA Men's Basketball Tournament's opening game on Thursday afternoon. Good -- now sit back and enjoy the games. But if you're looking for a good read during the numerous and lengthy time outs, we've got just the thing. It's the most important investment report you will read in 2010. Forget the theoretical and hypothetical sorts of analysis that occupy so much space online. Bob Prechter gives 22 real-life examples of how deflation is beginning to spread in the U.S. economy -- along with 13 charts that make the examples even clearer.
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Friday, March 19, 2010
Dow Theory Major Stock Market Confirmation / Stock-Markets / Stock Markets 2010
Jobless claims came in a little higher than expected while the change in the CPI was zero. Of course the financial news networks’ immediately went to work telling the world how this is not deflationary. At best it’s a thin argument and the statistics do not back it up. Yesterday the PPI came out at a negative 0.6% adding a little fuel to my deflationary argument. Also, the slowdown is not confined to the United States as the following text from a Bloomberg article points out:
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Friday, March 19, 2010
Yen To Weaken, A Positive For World Stocks / Stock-Markets / Stock Markets 2010
Benchmark yields climbed to the highest level since the start of February before a government report next week that economists said will show exports surged more than 40 percent last month from a year earlier. Bonds also dropped this week as sentiment among manufacturers climbed and demand for services increased, boosting the appetite for higher-yielding assets.
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Friday, March 19, 2010
S&P Stock Market The Technical Trader’s View / Stock-Markets / Stock Markets 2010
Some analysts have alarmed bulls by pointing out the relative underperformance of the Nasdaq and the Russell indices, the failure to make new highs in key S&P leadership stocks and, yesterday, the 14day RSI registering its highest overbought level since 1971…
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Friday, March 19, 2010
Stock Market Trends Higher Still..... / Stock-Markets / Stock Markets 2010
An old story for sure. The market that just doesn't want to fall very much or even think about surrendering S&P 500 1151, the level just captured by the bulls that officially told us we were on breakout. When we were trading below the bears had some hope. The bulls fought time and time again, finally claiming victory a few days back and now they’re throwing everything they can at the bears to keep it over this key number. So far so good, no matter how overbought those daily charts may be. It's forcing everyone to keep some scratch in the game, even though it makes us all feel uneasy due to those levels of overbought. I look around the world of stocks and see so many stocks in great handles, you simply have to keep giving the nod to the bulls in their ability to keep this market moving higher.
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Thursday, March 18, 2010
Why You're Crazy to Buy an Stock Index Fund Right Now / Stock-Markets / Stock Markets 2010
Dan Ferris writes: I doubt you wake up every morning saying, "Gee, if only someone would pay me 4.37% on my life savings."
Nobody does. Getting paid 4.37% isn't nearly enough. But that's what the stock market is offering you right now. And plenty of people are buying.
Thursday, March 18, 2010
Economic and Stock Market Recovery, Maybe The Emperor Has No Clothes / Stock-Markets / Stock Markets 2010
It seems the general consensus is we are in a full blown recovery. There is little doubt that the worse of this crisis is over. I sure hope that is true, but when I see complacency in the financial markets such as I see today, so soon behind a meltdown, I have concern.
The politicians on the hill and the talking heads on the T.V. can say what they want, but there are few recoveries without the participation of the consumer. Economic stability depends on consumer confidence, which results in consumer spending, not through a barrage of Government spending.
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Thursday, March 18, 2010
The Institutional Stock Market Index is Facing a Major Test Today / Stock-Markets / Stock Markets 2010
The Primary Support (now Resistance) Test is happening today ...
You all know how important the Institutional Index of "core holdings" is ... it is not really an index so it cannot be hedged, manipulated, or played with in any way. It is a pure representation of what the "core holdings" are doing relative to the market.
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Thursday, March 18, 2010
Impressive Earnings To Push Stock Market Higher Through 1st June / Stock-Markets / Stock Markets 2010
The first quarter earnings report season is rapidly approaching. Most U.S. company news has entered a quiet period with corporate announcements at a minimum. The exceptions are companies with negative surprises, which will be rare this quarter. Cash flow and earnings have recovered significantly from the first quarter of 2009.
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Thursday, March 18, 2010
The Economy Does Not Always Drive the Stock Market Trend / Stock-Markets / Stock Markets 2010
In the long run, economic development and — especially — corporate earnings are the main drivers of stock market performance. But this relationship is very loose. It becomes tight only if your time horizon is measured in decades.
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Thursday, March 18, 2010
Stock Market Still Grinding Higher..... / Stock-Markets / Stock Markets 2010
Amazing to watch the most overbought market in seven years continues to defy the odds. RSI's along with the combination of stochastics printing numbers you just don't see very often and more than that stay at these levels for so long. RSI's on the 60-minute charts today reaching 80 across the board before pulling back later in the day. The daily charts still have grossly overbought oscillators as of the close of action today and some way or other they will have to be worked off. Not worked off to oversold but worked off to at least not overbought. In bull markets the oscillators stay up for very extended periods of time without getting oversold. 60-minute charts will flash oversold again and again but not the daily charts.
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Wednesday, March 17, 2010
Stocks Stealth Bull Market Closes At New Dow High / Stock-Markets / Stock Markets 2010
The stocks stealth bull market that bottomed in March 2009 confounded widely held expectations by both the bulls and bears of immediate term price action lower to dissipate its overbought state that has failed to materialise, instead the stock market has broken to a new bull market high by closing at Dow 10,733 (trading high 10768).
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Wednesday, March 17, 2010
Stock Market S&P 500 Parts and Pieces Performance / Stock-Markets / Stock Markets 2010
Good news or bad news on the fundamental and macroeconomic front, US stocks are on a clear up trend. The small-cap and mid-cap stocks are farther above their January highs than the large-cap stocks, but the large-cap stocks are doing well too.
Pretty much no matter how you slice it (market-weighted, equal weighted, sector equal weighted, earnings weighted, revenue weighted, or dividend weighted), the S&P 500 (and large-cap) US stock market is in a clear up trend.
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Wednesday, March 17, 2010
Stock Market Run Run Away / Stock-Markets / Stock Markets 2010
Last week I hypothesized that the markets are “On the Brink of an Asset Explosion”. If this is going to play out then we can probably expect to see runaway moves develop in virtually all assets soon.
The rally out of the `06 bottom to the February `07 mini crash is a classic example of a runaway move (chart below). Note the brief measured corrections. Needless to say, if something like this develops soon, one doesn’t want to get caught on the bearish side of the tracks.
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Wednesday, March 17, 2010
Global Stocks Bull Market Gathering Steam / Stock-Markets / Stock Markets 2010
The ongoing bull-market in global stocks is gathering steam and over the past few days, the momentum has shifted in favour of the West. Yesterday, the S&P500 Index closed at a 17-month high and we expect further gains over the following weeks. Over in Asia, our preferred markets are performing well, with India leading the way. Furthermore, it seems to us as though China and Vietnam are also about to commence another upleg within their primary uptrends. Given the fact that the Asian economies are in a much better shape than the West, we continue to believe that stocks in India, China and Vietnam will produce solid growth over the course of this business cycle. Therefore, we are holding on to our positions and believe that near-term weakness represents a buying opportunity.Read full article... Read full article...
Wednesday, March 17, 2010
Stock Market Oscillators Extremely Overbought...Market Very Strong..... / Stock-Markets / Stock Markets 2010
We are in a bull market. This isn't news to anyone by now. We've been in from the lows and have ridden this puppy all the way up. However, there comes a time in the evolution of a bull market where you have to start reining it in. It doesn't mean you can't be in some or in good set ups but it does mean that entering more plays from this point forward carries extreme risk for the short term. Not the medium term, the short term. The S&P 500 broke through 1151 today with some decent force and may want a bit higher before selling to retest but let's go over the RSI's and stochastics on the daily charts across the major index charts.
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Wednesday, March 17, 2010
All Eyes on the Fed / Stock-Markets / Stock Markets 2010
The Fed is meeting today and that’s all we’ll hear about on the financial news networks as they hang on every word in the statement fashioned from the get-together. There have been inklings that the Fed is now considering how they’ll siphon liquidity from the system and a lot of analysts will be looking for indications as to how that will happen. Two weeks ago the idea was floated that the Fed would use reverse repos’ to get the job done, but the market was not impressed.
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Tuesday, March 16, 2010
The Climax of the Stock Market Broadening Top / Stock-Markets / Stock Markets 2010
The picture above is a basic outline of the broadening top formation as described by John J. Murphy in his book, “Technical Analysis of the Futures Markets,”(pp. 150-152) published in 1986.
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Tuesday, March 16, 2010
Stock Market Buying Power Pushes Rally to New High / Stock-Markets / Stock Markets 2010
Jon D. Markman writes: Checking in with the volume experts over at Lowry Research Corp., it appears that U.S. stock market buying power hit a new rally high last week, while selling pressure hit a new low.
That reflects the same pattern of expanding demand and contracting supply that has characterized the entire rally out of the March 2009 lows - a rally that's now one year old.
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Tuesday, March 16, 2010
Wealthbuilder Quarterly Stock Market Brief and McDonald's MLD Stock Pick / Stock-Markets / Stock Markets 2010
The American stock market is still working through a consolidation phase following the magnificent run up since March of last year. The Dow transports have presented us with a new Dow buy signal but so far the Industrials have unconfirmed. The Dow 30 needs to break the 10,700 range convincingly before I will advise student clients to re-enter the market through their virtual portfolios.
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