Category: Stock Markets 2011
The analysis published under this category are as follows.Tuesday, June 07, 2011
Baltic Dry Goods Index Stock Market Non Confirmation / Stock-Markets / Stock Markets 2011
In a recent article, Richard Russell made the following fascinating observations:“..Barron's Business Index hit its high in June [1929], which was three months BEFORE the Dow recorded its 1929 record high! After June 1929, Barron's Index headed down. But wait -- the Dow continued higher, recording its record high three months later on September 3, 1929. Following the Dow's September high came the famous 1929 crash, which only two months later took the Dow to a temporary bottom of 198.69 on November 13, 1929.
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Tuesday, June 07, 2011
Stock Market Madness – Are We There Yet? / Stock-Markets / Stock Markets 2011
Another day another $453M!
That's right, there are still 335,695 open 1,000-barrel July contracts on the NYMEX with just 2 weeks left to dump them and the pump crew was foolish enough to run oil back to our $100.60 target, where we were able to jump back in and short it in last night's Member Chat (as the Gekko said: "Money never sleeps!"). This morning we took a stop at $99.25 and now we are patiently waiting for them to pretend they want to pay over $100 for oil again so we can short it again...
Monday, June 06, 2011
Stock Market Bears Now In Total Control..... / Stock-Markets / Stock Markets 2011
You need to recognize a real change when it occurs. Hopefully, all of you can now realize that the market characteristics have changed from bullish to more bearish for the short-term. Once the bears were able to take out 1320/1315, or the critical trend line in play, it has been lights out for the bulls. It took three full attempts by the bears to get the job done, but they did it. They defended resistance over and over and kept pounding away at 1315/1320 and finally got the job done. To that you say it's about time, and it's good for this market. The bears have been bowing down to the bulls for quite some time now. Every time the bulls needed to make a move higher through resistance it seems they got the job done without too much trouble. Day after day and week after week this trend remained in place. The bears unable to put up a fight.
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Monday, June 06, 2011
The Stock Market Fly Trap / Stock-Markets / Stock Markets 2011
June 3, 2011. The Dow Jones Industrial Average has just lost over 400 points in the last 3 days. A lot of investors are wondering what has happened. The bulls have started to wonder why the bears have started up their grills. Why did the markets suddenly take a dive? I have the answer. Come close so you can read this information accurately. Closer. Please, come on in real close. Use a magnifying glass if you need to. Ready? Hear it is. It’s a scam!
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Monday, June 06, 2011
Ignore the Headline Economic Data, The Stock Market Gearing Up for a Major Rally / Stock-Markets / Stock Markets 2011
Jon D. Markman writes: The stock market swirled lower over the past week as a barge full of U.S. economic data sank in stormy seas.
But don't worry: We may actually be able to ride some of these swells to sizeable profits.
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Monday, June 06, 2011
Stock Market Disconnect, 8.6 Year Cycle Bottoming / 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.
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 months.
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Monday, June 06, 2011
Credit Markets Diverging From Equities Again / Stock-Markets / Stock Markets 2011
"Don't criticize what you don't understand, son. You never walked in that man's shoes." - Elvis Presley
In prior posts I discussed how the equity market has become far less forward looking. Rather than being a proactive pricing mechanism it has become a reactionary trading one. In 2001 the equity market peaked nine months before the recession. In 2008 they peaked two months before.
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Sunday, June 05, 2011
Current Stock Market Pullback is Second Longest in Duration Since March 2009 Bear Bottom / Stock-Markets / Stock Markets 2011
This data from the blog VIX and More is a day old, but it highlights an interesting situation. Of the 16 pullbacks since the March 2009 "generational bottom", the current episode is the 2nd longest at 23 days, trailing only the 48 days experienced last April-June as QE1 ended and the flash crash hit. But that said, as of yesterday it was only the 11th most severe with a 4.7% loss on the S&P 500 (obviously a bit higher today). Which is why this has not been an easy pullback even for bears who target the indexes - it's been a long slow grind with a lot of spring back rallies, and a rotation into defensive sectors which has offset the brash selloffs in 'beta'.
Sunday, June 05, 2011
Stock Market S&P 500 Structure and Momentum / Stock-Markets / Stock Markets 2011
In this post of May 20, I used weekly Momentum Cycle, OEW aggregate trend, and Market Alignment Index indicators to sum up the state of S&P in 4 words
“Structurally positive, but weak!&
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Sunday, June 05, 2011
Stock Market Cycles Analysis / Stock-Markets / Stock Markets 2011
Let’s take a step back and examine the intermediate-term outlook for 2011 based on some observations we made earlier this year.
Earlier we discussed the outlook for 2011 based on an “echo analysis” of the Kress cycles. In January, Ned Davis Research produced a chart which combined the stock market’s 1-year, 4-year and 10-year tendencies. This composite chart suggested that most of this year’s gains will occur in the first half of the year. Our own composite work based on the Kress cycle “echo” phenomenon also suggested that the stock market could make a significant peak in the April-May time frame and that most of the market’s gains would be made in the first half of 2011.
Sunday, June 05, 2011
Stock Market Close to a Bottom / Stock-Markets / Stock Markets 2011
A holiday shortened week was no help to the market this week as the SPX/DOW declined 2.3%. This was the biggest weekly decline since the 2.2% decline in November. On the economic front decliners beat advancers two to one. The negatives included declines in Case-Shiller (a new low), the Chicago PMI, Consumer confidence, ISM manufacturing, ADP, monthly Auto sales, Factory orders, the WLEI, and the Payrolls report. The Unemployment rate rose.
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Saturday, June 04, 2011
ISM...Jobs...Economy Spiraling Down... Stock Market Simply Correcting.... / Stock-Markets / Stock Markets 2011
There is a lot of bad news out there folks. It wasn't too long ago that we saw good economic reports coming in with regards to expansion. The market was responding with a big move up courtesy of fed Bernanke. The machine turning all day long allowing for massive liquidity to be flooded into the system. This is the reason the market had been doing so well without question. No arguments on this front. Liquidity equals higher stock markets. Just the way it is. Whether it's real or not is not the question here. What matters is what takes place in the market. The market loved the massive amounts of liquidity being thrown around by our fearless fed leader. Now the news is changing despite the influx of massive quantities of cash.
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Friday, June 03, 2011
The Stock Market Good, the Bad, and the Ugly... / Stock-Markets / Stock Markets 2011
That's what we will look at this morning ...
Three charts, Three conditions ... Good, Bad, and Ugly which describe WHAT is happening in the market today.
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Thursday, June 02, 2011
Stock Market Sentiment At Extreme Panic Levels / Stock-Markets / Stock Markets 2011
It was a crazy session as the stock market slid over 2% on heavy volume. This type of price action means fear has taken control of masses and they are unloading (selling their stocks) in anticipation of much lower prices.
Trading off extreme levels of fear can be very rewarding if done right. That’s because fear is the most powerful reaction we as humans have and it’s somewhat predictable. Fear can make people do crazy and or stupid things and it’s these extreme reaction which investors do in the market that lead to great trading opportunities. Buying into fear and selling into greed is what I focus on.
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Thursday, June 02, 2011
ISM...ADP Jobs Blind Side Stock Market.... / Stock-Markets / Stock Markets 2011
Manufacturing and jobs. The market has been watching these economic indicators and noticing that they seem to be holding up through the efforts of QE 1 and QE 2 from fed Bernanke. It's not that they have been so good. It's just that they have held up fairly well over the past several months. Today the market got blind sided two times. First, the futures fell from flat to roughly 40 on the Dow when the ADP Jobs Report, the precursor to the big report on Friday, came out and showed a dramatic drop in new job creation. Not good at all. Then the market got slammed.
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Tuesday, May 31, 2011
Bullied Stock Markets Make Case for Mid-Cap Growth Stocks / Stock-Markets / Stock Markets 2011
Jon D. Markman writes: The markets may have been bullied a bit recently, but the way things are shaping up makes a solid case for mid-cap growth stocks.
Markets rolled modestly higher on Friday ahead of the Memorial Day weekend as bulls once again shrugged off some bad data points on the economy and focused on some good news. But for the week and month, stocks were down across by the board by as much as 2.5%.
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Tuesday, May 31, 2011
Stock Market Continues to Consolidate / 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 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.
Long-term trend - In March 2009, the SPX began a move which evolved in a bull market. Cycles point to a continuation of this trend for several more months.
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Tuesday, May 31, 2011
Stock Market Bearish Whispers / Stock-Markets / Stock Markets 2011
I am not interested in shorting the stock market at this time. There is no confirmation that "the" top of the cyclical general equity bull market is in. This bull market is within the context of a secular equity bear market, which is far from over. When viewed in Gold terms (i.e. priced in Gold), this secular general equity bear market is deflationary. People still argue whether or not this bear market will end up being inflationary or deflationary when priced in U.S. Dollars.
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Tuesday, May 31, 2011
Stock Market Bearish Whispers / Stock-Markets / Stock Markets 2011
I am not interested in shorting the stock market at this time. There is no confirmation that "the" top of the cyclical general equity bull market is in. This bull market is within the context of a secular equity bear market, which is far from over. When viewed in Gold terms (i.e. priced in Gold), this secular general equity bear market is deflationary. People still argue whether or not this bear market will end up being inflationary or deflationary when priced in U.S. Dollars.
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Monday, May 30, 2011
Stock Market Memorial Weekend Update! / Stock-Markets / Stock Markets 2011
I want to get this out early this weekend so I can enjoy the Holiday break. The chart is pretty self-explanatory. I’d like to think we will see a breakout of the regression channel and a break above the neckline again early next week.
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