Category: Stock Markets 2011
The analysis published under this category are as follows.Friday, August 05, 2011
Marc Faber Says We have Not Experienced a Major Stock Market Sell Off / Stock-Markets / Stock Markets 2011
Marc Faber was interviewed by Bloomberg Tv earlier today. Basically, he doesn’t think that the current down-leg in markets is a ‘major sell-off’, however he does think that ‘as of today, markets are extremely oversold’. See below for the video & summary.
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Friday, August 05, 2011
Stock Market Moving Toward the September Low / Stock-Markets / Stock Markets 2011
Downward pressure in the stock market has been building over the past few weeks. Following the July 12th Market Minute titled "Signs of weakness" and the July 27th Market Minute titled "Risk is rising", world stock indexes plunged today. The percentage of the decline caught many investors, including myself, off guard.
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Friday, August 05, 2011
Where Are The Stock Markets Headed Next / Stock-Markets / Stock Markets 2011
Being honest, no one knows. But, using the current road map it appears we may have a little more selling before a decent move higher. Below is the updated 2007 "analog" as compared to the current market. Few interesting points.
The move in 2007 from Point F to the next low was 15.3%. The market then rallied 10% before another leg lower.
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Thursday, August 04, 2011
Euro Collapse, U.S. Debt Ceiling Default Armageddon Irrelevant to Stocks Stealth Bull Market? / News_Letter / Stock Markets 2011
The Market Oracle NewsletterJuly 25th, 2011 Issue #14 Vol. 5
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Thursday, August 04, 2011
What Current Stock Market Decline Has in Common With March’s Correction / Stock-Markets / Stock Markets 2011
Purely from an objective price perspective, Wednesday morning's plunge in the S&P 500 to new reaction lows at 1230.25 in its emini contract pressed the index beneath the lower Bollinger Band (BBnd) line by 2%. This approximates a similar negative price-to-BBnd relationship seen at the March 16-17 lows.
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Thursday, August 04, 2011
Stock Market Consolidation or Topping Pattern? / Stock-Markets / Stock Markets 2011
Yesterday was an ugly today. This morning S&P 500 futures are up before the opening bell as traders bet on a rebound, but there is no way to deny that yesterday was a troubling day when it comes to the financial markets.
Things look even worse in the European markets where Germany and Italy broke down to new lows for the summer. Israel also dumped hard and so did Japan. Asian markets are acting the strongest for now though.
Wednesday, August 03, 2011
Stock Market Potential Wave Counts / Stock-Markets / Stock Markets 2011
After reviewing the charts this evening we eliminated one of the potential counts we had posted on the DOW charts: a diagonal Primary wave V. Since the market is already in a downtrend, failing to make a new SPX/DOW high, this count is no longer valid.
Another potential count that now has a low probability is the subdividing Primary wave III count, which was also posted on the DOW charts. As a result of these changes we are now able to place more specific probablities on the remaining counts.
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Tuesday, August 02, 2011
For Rational Investors, Stock Market Uncertainty Equals Profits / Stock-Markets / Stock Markets 2011
Martin Hutchinson writes: There's no question that the Washington fiasco, more commonly referred to as the debt-ceiling crisis, has injected a huge amount of uncertainty to financial markets.
That's bad news for the U.S. economy - which Friday's lousy second-quarter gross-domestic-product (GDP) report demonstrates was already suffering from bad fiscal policy, bad monetary policy and a gross excess of new regulations. This deal didn't really solve any long-term problems, won't head off a federal credit-rating downgrade and all in all only adds to the market uncertainty.
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Tuesday, August 02, 2011
Stock Market Still Nowhere..... / Stock-Markets / Stock Markets 2011
After all that's gone on the market is holding where it has to hold. We got the news everyone wanted over the weekend. The two sides agreed upon a very unhappy package that, basically, both sides said it wasn't what they wanted, but it was the best they could do. The Dow futures shot up 200 points last night. The S&P 500 was up 23 and the Nasdaq 36. Things were looking super for the bulls. Even though the package was awful, the market was celebrating the deal. Default averted for the time being. The futures held the majority of its gains overnight, even though European stock markets were struggling for green. The futures were up on the Dow roughly 150 points at 8am. Then about 140 points at the open. That was pretty much it. They started to move down gradually as the first thirty minutes went by. Then something far more important than the debt ceiling package hit at 10am.
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Tuesday, August 02, 2011
Stock Market POMO Activity, A Ferret In Our Shorts / Stock-Markets / Stock Markets 2011
Wouldn’t it be nice for the Dow Jones Industrial Average to act sane for a day or two? Wouldn’t it be nice for it to just open in the morning and not move more than ten or twelve points in either direction? Of course, that would require an actual ‘market’ where traders and investors decide the minute-to-minute valuation of stocks. Instead, the current indexes can routinely plummet and ascend hundreds of points in either direction seemingly for no reason at all. It’s like someone put a ferret in our shorts and shot him up with crystal meth. Who would do such a thing?
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Monday, August 01, 2011
Stock Market Correction Remains Incomplete / Stock-Markets / Stock Markets 2011
Very Long-term trend - The continuing strength in the indices is causing me to question whether we are in a secular bear market or two consecutive, cyclical bull/bear cycles. In any case, the very-long-term cycles are down and, if they make their lows when expected, there will be another steep and prolonged decline into 2014-16 (no change).
Long-term trend - In March 2009, the SPX began a move which evolved into a bull market. Cycles point to a continuation of this trend for several more weeks (no change).
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Monday, August 01, 2011
Stock Market Panic Selling Provides Major Buying Opportunity! / Stock-Markets / Stock Markets 2011
Over the past seven trading sessions we have seen stocks plummet in price because of the debt issues in the United States. I think a lot of individuals including myself thought that a bill would have been passed last week and with a plan underway money would flow back into stocks for a relief bounce at minimum. Instead, nothing was passed and that lead to strong selling into Friday’s close.Read full article... Read full article...
Sunday, July 31, 2011
Stock Market Crazy Week, Here We Go Again / Stock-Markets / Stock Markets 2011
Another crazy week, and although we have not gone anywhere, as we are still stuck in the same range we have been for weeks.
However the market did put in a in a bull trap that we were suspicious off, I posted this to members last week in my weekend report.
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Sunday, July 31, 2011
Stock Markets Fall on Trouble in Monetary Paradise / Stock-Markets / Stock Markets 2011
Equities declined throughout the week right from the gap down open on monday into the close on friday. In the end US equities experienced the worse weekly loss since the Primary wave II bottom in July 2010. The monthly economic reports were mostly negative, outpacing positive reports by 2:1. On the positive side: Case-Shiller, consumer confidence, and the WLEI all improved, while weekly jobless claims dropped.
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Sunday, July 31, 2011
Stock Market No Faith....Economy Faltering Again... / Stock-Markets / Stock Markets 2011
There is much to discuss, but let's start with the news that's on everyone's minds. We all know those two annoying words by now. Debt ceiling. Yes, the debt ceiling and its daily annoyance to everything that is the stock market. Slowly, but surely, it became part of our daily lives. In our minds we began to wonder about whether it would be taken care of by our leaders. Then the days moved on, and the stock market began to take on a larger role with respects to wondering whether things would get taken care of by our leaders. The closer we got to August second the more annoyed the market seemed to get with what was taking place. It began to send a strong message last Friday. Then all week the market fell.
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Friday, July 29, 2011
Is Congress Fiddling While Rome Burns? / Stock-Markets / Stock Markets 2011
I'm starting to think this is ironic ...
The country is in debt and the Government's revenue cannot cover the current debt. In other words, the cash outflow is greater than the cash inflows, so we have a Liquidity Contraction situation.
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Friday, July 29, 2011
Possible Stock Market Scenario For Meeting U.S. August 2nd Debt Ceiling Deadline / Stock-Markets / Stock Markets 2011
The deadline for some type of debt-ceiling deal is now only five calendar days away (three trading days). The odds of no agreement of any kind coming together remain relatively remote. The political stakes for all players involved, including both parties and the President, are too high.
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Friday, July 29, 2011
U.S. Debt Downgrade Drama and the Stock Market / Stock-Markets / Stock Markets 2011
I was watching Speaker of the House John Boehner speak today on Bloomberg TV (yes I have the TV on while I trade but the sound is off until I see something that is newsworthy). Speaker Boehner made the same old pitch about how the Republicans have out plans on the table and the Democrats have done nothing. I watched as his entourage climbed over each other to say something to the media and it hit me hard. This is July 28, 2011. In one year we will be in full reelection mode. How much money would one of these congressmen have to raise to get some prime time face time? I would guess it would be quite a bit.
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Friday, July 29, 2011
Stock Market Negatives Building / Stock-Markets / Stock Markets 2011
SHORT TERM: market opens flat, rallies, then drops, DOW -62
Overnight the Asian markets were mostly lower. Europe opened lower but closed mixed. US index futures were relatively flat overnight, and at 8:30 weekly Jobless claims dipped below 400K: 398K vs 418K. The market opened slightly lower at SPX 1304, after closing at 1305 yesterday. After bouncing around in the first few minutes the market started to rally. At 10:00 Pending home sales were reported lower but still positive: +2.4% vs +8.2%. The rally continued until about noon when the SPX hit 1316, then it started to pullback. Around 1:00 the FED released the following: http://www.federalreserve.gov/newsevents/press/bcreg/20110728a.htm. The pullback continued right into the close when the SPX hit 1299 and ended the day at 1301.
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Thursday, July 28, 2011
Stock Market Panic Selling, What Does It Mean? / Stock-Markets / Stock Markets 2011
It was an exciting trading session Wednesday to say the least… With all the uncertainty floating around it is causing the stock market to be more volatile than normal. It seems like every other day there is some big headline news causing either strong buying of stocks or strong selling to take place. It’s this type of price action which spooks the average investor causing them to panic out of positions at key support areas just before a continued move higher.Read full article... Read full article...