Category: Stock Markets 2011
The analysis published under this category are as follows.Thursday, July 28, 2011
Credit Market Ominous Similarities to 2007, Short Stock Indices / Stock-Markets / Stock Markets 2011
Dramatic title I realize but look at the charts below and ask yourself if this is purely coincidence or something more telling. Regulars to this site have read posts comparing the current market to that of late 2007. From equities to credit markets to volatility and more the similarities across asset classes has been rather striking.
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Thursday, July 28, 2011
Stock Market Sends A Loud Message For All To Hear..... / Stock-Markets / Stock Markets 2011
The market is telling the world to listen up carefully. Don't be foolish. Get your act together. Work together. Lose your egos. Do what's right for the American people, or the market will tell you just how wrong you got things. The Democrats and the Republicans need to find a way to work together now, and stop the daring behavior. Stop waiting for the other side to blink, so you can say you won. It's not about you. It's about the people you represent, although that's clearly not how they're thinking at the moment. The market is digesting a lot of bad news from today alone on the economic front let alone having to deal with what's going on with our government and their inability to do what's right for everyone.Read full article... Read full article...
Wednesday, July 27, 2011
Stock Market, Is it Time to be Concerned? / Stock-Markets / Stock Markets 2011
Last week, we posted an analysis of the NYSE's daily New Highs. Let's continue that exploration from a different angle so we can see the long term and short term picture of the story it is trying to tell.
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Monday, July 25, 2011
Making Sense Out of Stock Market Trading Environment / Stock-Markets / Stock Markets 2011
It is time for the market to speak clearly. I can make a case for many scenarios because not all the markets are in agreement. Let's review the markets and see if we can't make some sense out of the trading environment.
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Monday, July 25, 2011
Euro Collapse, U.S. Debt Ceiling Default Armageddon Irrelevant to Stocks Stealth Bull Market? / Stock-Markets / Stock Markets 2011
The financial news is bad, very bad, don't see how it could get much worse with europe's debt default contagion spreading to Italy and Spain sending bond yields soaring to Euro life-time record highs, whilst in the U.S. there is talk of imminent debt default on failure to raise the debt ceiling prompting the mainstream press talking heads aided by the BlogosFear to once more iterate a busted flush that the stocks bear market is about to resume (just as has been the case for the past 2+ years).
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Sunday, July 24, 2011
U.S. Debt Ceiling Crisis Talks failure Could Hit Stock Market / Stock-Markets / Stock Markets 2011
SPX: Very Long-term trend - 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.
SPX: Long-term trend - The probability that the bull market which started in March 2009 may have ended when the SPX reached 1370 on 5/02/11, is very low.
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Saturday, July 23, 2011
Stock Market Whipsaws Continue / Stock-Markets / Stock Markets 2011
The markets continued with the whipsaw and wild swings that traders have being seeing for a number of weeks now, which are offering some great opportunities in all markets, be it equities, forex and commodities.
We are living in historic times with European nations that are on the brink of collapse and even the US is potentially looking at a default or a downgrade, should a deal not be on the table before the deadline of August 2nd 2011.
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Saturday, July 23, 2011
S&P 1345 On Hold For Now..... / Stock-Markets / Stock Markets 2011
The market has spent nearly two days trying to figure out what to do with S&P 500 1345, or major resistance, that if cleared, opens the door to a retest of the old highs at 1370. The bulls would love to get that high, and put the pressure back on the bears to hold their final line in the sand. However, after spending two days at this level, we closed just below today, and now the market is going to keep everyone guessing at what comes next.
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Friday, July 22, 2011
Stock Market Inflection point and long term view update / Stock-Markets / Stock Markets 2011
After a total review of all the relevant data we have arrived at several potential scenarios going forward. These scenarios, are of course, based on the current existing and potential future waves, plus two tidbits of fundamental data. First tidbit. Recently the FED extended the present currency swap arrangement to August 2012. This swap arrangement helps to create a lower USD in support of the EUR, while Europe goes through its debt problems. Unfortunately, a lower USD negatively impacts many of the other developed economies and emerging economies as their currencies rise against a declining USD. Or, those pegged to the USD are forced to expand their monetary base. We have already seen a deterioration in several of the world’s stock markets, partly due to this policy.
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Thursday, July 21, 2011
Stock Market Gap To Gap And Intel Earnings..... / Stock-Markets / Stock Markets 2011
Gaps above and gaps below. Both sides have set up camp by putting in gap ups and gap downs. Two on each side. Why not. Make things more difficult than they already were. The market seems to be trying to unwind overbought conditions that lasted a bit too long for its own good. It needs time to consolidate that move, and that period of consolidation can be very frustrating for both sides as neither one is able to gain full control of things. You think, here we go to the up side, but no dice. The move gets abruptly halted by either bad earnings news or bad news on the debt ceiling. Then the bears feel they have control.
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Tuesday, July 19, 2011
What To Look For In A Stock Market Bearish Turn / Stock-Markets / Stock Markets 2011
STUDY and SCREENING PROCESS
Does the current market look more like 2004 or 2007? The answer is important because stocks did well from August 2004 to October 2007, but they performed very poorly between October 2007 and March 2009. The fundamental picture remains quite uncertain with:
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Tuesday, July 19, 2011
Debt Ceiling... Necessary Ingredients... Stock Market Nervous.... / Stock-Markets / Stock Markets 2011
Sometimes it's tough to write a newsletter. In times such as these, you can basically throw out much of what I'm about. The technicals are my world, and that's tough enough at times, but when the market becomes a political task, you just throw up your hands and say it's beyond me. It's beyond all of us. The market sitting and waiting on news each day about whether the debt ceiling will be raised, and if it is, will whatever makes it up be enough to satisfy the rating agencies so we don't have financial crisis part two. So much for every citizen of this country to be worried about as the financial stocks continue to set new yearly lows day after day. Each and every day we all hope to hear that our two sides can work together and give in enough to satisfy what it takes to keep this country from a massive embarrassment. The pain to be felt from a downgrade of our debt rating will be more than substantial. Heartbreaking is probably the better word. Too many will suffer unnecessarily as you'd think the two sides would understand what's at stake here.
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Monday, July 18, 2011
Stock Market Inflection Point Continues / Stock-Markets / Stock Markets 2011
After two weeks of solid gains the market opened the week facing a major selloff in the overnight futures market. Fears arose in Europe that Italy could be facing another debt crisis. Since the market had just gone through another Greece bailout, the uncertainty of the another debt crisis in the PIIGS, (Portugal, Ireland, Italy, Greece and Spain), drove European and some Asian markets sharply lower. International markets recovered somewhat during the week but ended solidly in the red. Economic reports for the week were mixed. On the negative side: the trade balance worsened, import prices declined, the CPI/PPI turned negative, consumer sentiment dropped sharply, and the NY FED remained in the red.
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Monday, July 18, 2011
Stock Market Fall Portends Poorly for Corporate Earnings Season / Stock-Markets / Stock Markets 2011
Jon D. Markman writes: Last week's stock market decline was largely the product of geopolitical events ranging from the debt-ceiling impasse and rating agency warnings to new Italian and Greek sovereign debt troubles.
But what's really scary is that a weak week for stocks may well carry into the bulk of earnings season, which comes up next week when 40% of the market capitalization of the Standard & Poor's 500 Index reports second-quarter results.
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Monday, July 18, 2011
Stock Market Odds Still Favour a New High / 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.
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Sunday, July 17, 2011
Stock Market Bulls Scrape Through Nasty Week / Stock-Markets / Stock Markets 2011
It''s been a nasty week the past week in the markets, and at one time in the European globex session, there was a potential panic situation when the DAX went into free fall until it hit support at 7000, likewise the FTSE stopped at 5800, the bears really got their claws dug in, but a bad situation got averted, (I don''t know how long it will hold through) but so far so good, the bulls have just scrapped through and my idea of seeing a new yearly high on stocks is still on target as key support areas held, even with that mini panic we saw in the week on European markets.
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Sunday, July 17, 2011
Range Bound Stock Market Trading In the Heat of Battle / Stock-Markets / Stock Markets 2011
After nearly tagging the upper end of its multi-month trading range seven sessions ago, the S&P has settled the week back down near the middle of its range. Friday closed the week with an inside compression bar, which could set the stage for some fireworks early next week.
Saturday, July 16, 2011
Standoff...Bad For Stock Markets....For Now... / Stock-Markets / Stock Markets 2011
The republicans want to keep taxes as they are and want to cut spending. The democrats want higher taxes for the wealthy and no cuts to spending. What's the solution to a problem such as this is what the market wants to know. Who will give in a bit? When you get a bunch of babiee, I mean politicians in the same room, the egos are so big you have to stay clear of that room. It fills up with so much nonsense you can't stand the smell. However, these babies, I mean politicians, need to come to some understanding, or some very innocent people are going to pay a very high price for those enormous egos. If we don't raise the debt ceiling, we will default on our debt, get downgraded, and the stock market will crash. No question about that. Not up for debate.
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Saturday, July 16, 2011
Stock Market Foolishly At The Brink! / Stock-Markets / Stock Markets 2011
Governments around the world are struggling with record debt. The debt crisis in Europe and the struggle in Washington to raise the U.S. debt ceiling are in the news every day.
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Thursday, July 14, 2011
Stock Market Inflection Point / Stock-Markets / Stock Markets 2011
For those new to the blog we would like to restate something we did during the last bull market. The SPX/NDX can offer confusing patterns. Their futures contracts are heavily traded which causes volatility. In fact, occassionally a wave does not appear where it should, or a wave occurs that shouldn’t. How do we know? The DOW.
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