Category: Stock Markets 2011
The analysis published under this category are as follows.Monday, January 24, 2011
What Phase is the Stock Market in Now? / Stock-Markets / Stock Markets 2011
If you are a fan of Wyckoffian logic then you will understand that the stock market has four major phases: Accumulation, Markup, Distribution and Markdown. The $64,000 question is what phase are we in now ?
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Monday, January 24, 2011
Stock Market Indices Dow, SP500, Nasdaq, Russell 2K Comparison / Stock-Markets / Stock Markets 2011
Depending what type of trader you are and what you focus on the most for trading you could be either bullish or bearish on the stock market right now. The charts below show how the Dow Jones Industrial Average is bullish while the Small-Cap Russell 2K is bearish. Options expiration last week really mixed the market up as the market makers and the big money players manipulate stock prices in their favor.
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Monday, January 24, 2011
Dow Stock Market Index Interim Trend Analysis and Forecast Update / Stock-Markets / Stock Markets 2011
The stock market spent most of the week trading sideways in a tight range into Fridays break higher to a new bull market closing high of Dow 11871.84. However minor weakness during early to mid week was enough to get many perma-bears with itchy fingers to short and lose more money on the so called bear market rally (approaching 2nd anniversary). Some even went so far as to resurrect the worthless Hindenberg Crash Omen, as they wait for the one time when it actually delivers something other than trading losses, though a coin toss has repeatedly shown itself to be infinitely more profitable than the likes of the hindenberg crash omen.
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Sunday, January 23, 2011
Value Line Geometric and Arithmetic Averages / Stock-Markets / Stock Markets 2011
Value Line maintains two averages of the universe of stocks that it tracks. The Arithmetic average tracks the average percentage change of all stocks in its index. Naturally, small and midcap stocks will usually move in greater percentages than large cap stocks during a bull and bear markets. It takes a lot more money to move large caps than small/mid caps. The chart below illustrates this index since its inception in 1988.
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Sunday, January 23, 2011
U.S. Transportation charts heralding a change of Stock Market direction? / Stock-Markets / Stock Markets 2011
Transportation is one of the main barometers of economic health and as such, this sector should be the first or one of the first to confirm a topping out process.It is the first sector to show charts breaking support levels and uptrends, but it is early days yet and more confirmations are needed.
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Saturday, January 22, 2011
My Central Banker Can Beat Up Your Central Banker! / Stock-Markets / Stock Markets 2011
Another week - another gain for the Dow. The S&P was slightly positive but what’s up with the Nasdaq? It was actually down a few percentage points. While the other indices were rising because the economy was getting better, the Nasdaq was falling because the economy was not getting better. Go figure! Was Bernanke only buying the senior indices this week? Isn’t that all that matters? I think the chart below explains things quite clearly.
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Saturday, January 22, 2011
Stock Market Elliott Wave Analysis and Forecast for Week Starting 24th Jan / Stock-Markets / Stock Markets 2011
The US markets closed out the week with their first weekly decline on friday, after seven consecutive weekly gains. Economic reports were good: seven up, three down, and one flat. Year end earnings reports, thus far, have been better than expected. On the economic front the NY FED, building permits, existing homes sales, leading indicators, weekly jobless claims, the monetary base and the WLEI all improved. Housing starts, the Philly FED and the M1-multiplier was down, while the NAHB housing index remained flat. For the week the SPX/DOW were mixed, and the NDX/NAZ were -2.4%. Asian markets were mostly lower -1.3%, European markets were mixed +0.8%, the Commodity equity group was mixed -1.1%, and the DJ World index was -0.8%. Bonds were -0.6%, Crude slid 3.2%, Gold lost 1.2%, and the USD declined 1.2%. Next week the FED concludes its two day FOMC meeting on wednesday, two days before the Q4 GDP report on friday.
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Saturday, January 22, 2011
Stock Market Froth Breaks Lower / Stock-Markets / Stock Markets 2011
If you're holding the classic froth high P/E stock you had one of the worst weeks of your trading lives. Slaughter's everywhere. If you're holding lower P/E stocks then you had a nothing from nothing week even though the averages sold off decently. Those high beta monsters destroyed the masses as usual. In the end they always end badly for most folks. The masses are buying the most right at the top as they can no longer handle not being in those frothy beasts. They figure they'll make a killing on the earnings report. They bought F5 Networks, Inc. (FFIV) and had their careers halted. You deal with -30 and see how it feels.
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Saturday, January 22, 2011
Stocks fall as Stock Mutual Fund Inflows Resume? / Stock-Markets / Stock Markets 2011
Food Inflation Comes To America: General Mills, Kraft And Kellogg Hike Prices On Selected Food Products
(ZeroHedge) After denying for months that surging food prices will eventually come to the consumer, hoping that instead food companies could absorb the margin drop, sell-side research is finally capitulating to the reality of what is really happening in the retail store. In a note discussing General Mills, Goldman Sachs says the company raised prices on snack bars some 7% last week. Goldman further clarifies that "this reportedly followed a comparable increase taken by K on its snack bars in mid-December. In addition, KFT has reportedly announced a 6% increase on select Planters branded nut products. We expect more price increases to be announced by the food companies in the coming weeks.
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Friday, January 21, 2011
Investors Will Have To Learn To Trade! / Stock-Markets / Stock Markets 2011
The statistics are eye-opening. The average holding period for stocks is now only three or four months. Presumably that includes those held by mutual funds and etf’s.Is it a new impatience or nervousness on the part of investors and managers? Or is the average holding period being distorted by ‘flash-trading’ firms?
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Friday, January 21, 2011
New Stock Market Highs -New Lows Not Keeping Pace / Stock-Markets / Stock Markets 2011
Now I know this stuff doesn't matter until it does and I know all those trend followers out there who "just follow price" ignore this kind of thing, but the differential of NYSE new highs minus new lows has not only failed to keep pace with price but it is now breaking down.
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Friday, January 21, 2011
Stock Market SPX Correction Looms / Stock-Markets / Stock Markets 2011
The US stock markets have enjoyed an awesome run since late August, with the flagship S&P 500 stock index (SPX) up 23.7%. Traders have earned huge profits in sectors that leverage general-stock-market gains, including commodities stocks. But as usual after any long and uninterrupted rally, complacency reigns supreme today. Such sentiment is a prime breeding ground for spawning corrections.
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Thursday, January 20, 2011
A Safer Time to Buy Stocks is Coming Soon! / Stock-Markets / Stock Markets 2011
Beware the Ides of March. Good advice to Caesar but is it good for stock market investors as well? Probably not.The thing is, most years the Ides of March is actually a good time to be buying stocks.
It is coming
The time to beware, is coming up soon and that is what I will be looking at today.
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Thursday, January 20, 2011
Nasdaq Snaps / Stock-Markets / Stock Markets 2011
The market has been needing to sell and today it finally did. The Dow held up because of International Business Machines Corp. (IBM), but the S&P 500 and Nasdaq took it on the chin today, especially those tech stocks in the Nasdaq. Where to start. Let's start with Apple Inc. (AAPL), the most loved stock on planet earth. It fell hard yesterday early on when the news came out that CEO Steve Jobs is very sick again. It recovered beautifully in anticipation of its earnings report that evening. The earnings were out of this world fabulous. The stock ran up and was about to move to new highs. With such great news it was bound to keep running up. Not the case. It snapped down. It closed red after being up over ten dollars. A topping stick for the foreseeable future.
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Wednesday, January 19, 2011
Stock Market Appears Attractive Over Next 6-to-12 Months / Stock-Markets / Stock Markets 2011
Our market models at CCM continue to paint a positive outlook for stocks, and risk assets in general, over the next twelve months. Positive fundamental data and global growth projections averaging 4.3% for the coming year continue to outweigh concerns about sovereign issues in Europe, a U.S. housing market weighed by continued foreclosures, and high unemployment.
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Wednesday, January 19, 2011
Weekly Stock Market Forecast (Resistance Edition) / Stock-Markets / Stock Markets 2011
The first and most critical item to note is that stocks have hit up against their upper trendline as denoted by their August, November and current tops. By most counts, this is THE upside target for this rally.
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Monday, January 17, 2011
Strong Stocks Bull Market Continues / Stock-Markets / Stock Markets 2011
Very Long-term trend - The very-long-term cycles are down and if they make their lows when expected, the secular bear market which started in October 2007 should continue until about 2014-2015.
Long-term trend - In March 2009, the SPX began an upward corrective move in the form of a mini bull market. Cycles point to a continuation of this trend into 2011.
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Monday, January 17, 2011
NYAD Stock Market Breadth / Stock-Markets / Stock Markets 2011
The NYAD tracks market breadth on a daily basis. It is simply a sum total of the number of advancing stocks, on the day, minus the number of declining stocks. When there are more advances than declines it’s a positive number. When not, it’s a negative number. One can chart the cumulative total of the daily A/D numbers over a period of time. This is important information for investors.
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Monday, January 17, 2011
Stock Market Elliott Wave Analysis and Forecast for Week Starting 17th Jan / Stock-Markets / Stock Markets 2011
US markets rally for the seventh week in a row, while economic reports continue to be encouraging. On the economic front: the twin Deficits were about unchanged, wholesale inventories and consumer sentiment declined, and the weekly jobless claims came in higher. On the positive side: export/import prices remained positive, along with the PPI/CPI, retail sales, and business inventories. Industrial production and capacity utilization rose, along with the monetary base and the WLEI. Overall a fairly good week!
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Sunday, January 16, 2011
Bull /Bear Stock Market Relationships and the Existing Rally / Stock-Markets / Stock Markets 2011
According to the sentiment of the e-mails I’ve been receiving of late, it seems that the concept of the advance out of the March 2009 low being a bear market rally is becoming harder and harder to understand. As price moved down into the cyclical lows in late February 2009 I told my subscribers that price was moving into a higher degree low, i.e. the 4-year cycle low, and that the longer the market rallied the more dangerous it would become. I said this, meaning that the longer the market rallied the more convinced the public would become that THE bottom had been seen.&
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