Category: Stock Markets 2012
The analysis published under this category are as follows.Monday, September 10, 2012
What Could Following New Stocks Bull Market Highs? / Stock-Markets / Stock Markets 2012
SPX: Very Long-term trend - The very-long-term cycles are down and, if they make their lows when expected (after this bull market is over) there will be another steep and prolonged decline into late 2014. It is probable, however, that the steep correction of 2007-2009 will have curtailed the full downward pressure potential of the 120-yr cycle.
SPX: Intermediate trend - SPX is in a limited intermediate uptrend which may have ended in August. We need confirmation.
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Sunday, September 09, 2012
The Effects of the 4-Year Stock Market Cycle Peak, Apple / Stock-Markets / Stock Markets 2012
Last week was pivotal for equities as well as a reminder that the 3½ year-old recovery is still alive. Many stocks broke out to new recovery highs as the result of the European Central Bank's (ECB) announcement that it would commence a bond-buying program to stimulate the troubled euro zone economy. The S&P 500 (SPX) made its highest close in four years as stock prices across many sectors rallied on the prospect of increased liquidity, the lifeblood of any bull market.
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Sunday, September 09, 2012
U.S. Stock Market Rally Continues / Stock-Markets / Stock Markets 2012
A good week for the bulls as the bull market made new highs in the SPX/NDX/NAZ. Oddly enough the DOW is lagging again, having failed to reach its May high of 13,339. For the week the SPX/DOW gained 1.95%, and the NDX/NAZ were +2.10%. Asian markets gained 1.4%, European markets gained 3.9%, and the DJ World index gained 2.6%. Forty two months into one of the most disliked bull markets in history, and it is still making new highs. On the economic front the reports continue to improve: this week 7 to 4 positive. On the uptick: monthly Auto sales, the ADP index, ISM services, long term Investor sentiment, the WLEI, and both the Unemployment rate and weekly Jobless claims improved. On the downtick: ISM manufacturing, Consumer spending, monthly Payrolls, and the Monetary base. Next week is FOMC meeting week wed/thurs. During the week we also get reports on Consumer credit, the CPI/PPI and Industrial production.
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Saturday, September 08, 2012
Stock Market Higher Still...Complacency Creeping In....Jobs Report Awful....... / Stock-Markets / Stock Markets 2012
The market is doing what all good markets do, and that's to keep doing what the masses think it shouldn't do. The real bears just can't understand, and who can blame them, why the markets keep chopping higher overall. They look at all the data coming in from both here and abroad, and it just doesn't add up. They're right, it doesn't. Today we saw the Jobs Report come in well below expectations of 125-150K. The number was 96K. One would think, here we go to the down side. No fun day. Not to be. Nothing to get excited about, but overall, pretty flat after yesterday's big run up. The reason the futures didn't implode on the bad news was simple. Protection from Mr. Bernanke as now the masses are thinking here comes QE3. Yes, more easing from the Fed, both here, and throughout the Eurozone.
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Friday, September 07, 2012
When an Over-Ripe Stock Market is Ready to Spoil / Stock-Markets / Stock Markets 2012
Anyone who enjoys eating fruit knows there's a fine line between ripe and over-ripe.
If it sits in the fruit bowl too long, over-ripe turns rotten.
As experienced investors know, the stock market goes through similar phases. An overbought, or over-ripe, market can spoil quickly.
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Thursday, September 06, 2012
Super Mario Draghi Triggers Stocks Stealth Bull Market Rallies to New Bull Market Highs / Stock-Markets / Stock Markets 2012
Stock prices soared today to stealth bull market highs in response to Super Mario Draghi igniting the euro-zones own Inflation mega-trend as he announced the O.M.T. (One More Try) proposal to print unlimited euro's to monetize the bankrupting euro-zone nation's debts (buy government bonds), in a very similar manner to the money printing quantitative easing that has fed the stealth bull markets in asset prices since the UK and US first announced their own QE programmes way back in March 2009, that I termed at the time as being Quantitative Inflation (05 Mar 2009 - Bank of England Ignites Quantitative Inflation ) which has subsequently manifested in economies such as the UK experiencing inflation of more than 15% despite economic stagnation.
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Thursday, September 06, 2012
Stock Market Tiring?....... / Stock-Markets / Stock Markets 2012
That's the big question I am asking myself based on the action I'm seeing over the past several days and weeks. So many stocks are starting to break down below key moving averages while some are breaking out, but then, falling right back down. Not what you see when a market is getting ready to move appreciably higher. Lots of key stocks as well are breaking. Look at the move in railroad stocks today. It's just horrible as the sector itself broke down with stocks such as Norfolk Southern Corp., CSX Corp. (CSX), and Union Pacific Corporation (UNP) really having bad days on big volume. FedEx Corporation (FDX) warned last night, and after an attempt to recover, it fell hard late. The transports are just not acting well. You don't usually see the transports acting badly when things are about to blast higher. Add in the commodity stocks, and the industrial stocks, it isn't the best for the bulls right now.
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Wednesday, September 05, 2012
Diverging Stock Market, UK Crash Expected and Spanish Bank Runs / Stock-Markets / Stock Markets 2012
Market Divergence: Labour Day is done, the holidays are over, schools and colleges are back: game on. Expect one wild ride in the markets between now and the November US presidential election results.
Internally the technicals are weakening. There is a significant divergence between the Dow 20 Transports and the Dow 30 Industrials. The Dow 20 is moving towards lower lows and a break below 4850 will be an indication that the overall market is going to move much lower, fast.
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Tuesday, September 04, 2012
Attempts to Save the Euro Could Propel Stock Market Higher / Stock-Markets / Stock Markets 2012
SPX: Very Long-term trend - The very-long-term cycles are down and, if they make their lows when expected (after this bull market is over) there will be another steep and prolonged decline into late 2014. It is probable, however, that the steep correction of 2007-2009 will have curtailed the full downward pressure potential of the 120-yr cycle.
SPX: Intermediate trend - SPX is in a limited intermediate uptrend which may have ended in August. We need confirmation.
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Sunday, September 02, 2012
Stock Market Trends and Central Bank Balance Sheet Expansion / Stock-Markets / Stock Markets 2012
George Tsiourvas writes: It’s been a slow week, we spent it mostly waiting to get to Bernanke’s speech at Jackson Hole. When we finally got there exactly what we were expecting happened: nothing! A substantial part of Bernanke’s speech went into details regarding cost vs benefit with respect to making monetary policy with non traditional tools. He acknowledged that additional asset purchases have the potential to impair the functioning of securities markets. Read the whole speech here: http://www.federalreserve.gov.... .
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Saturday, September 01, 2012
Stock Market Mayhem.... / Stock-Markets / Stock Markets 2012
Following is a brief holiday report.
You have to love this market. It's like the weather in Maine. Blink your eyes and it changes. It really doesn't know what it wants to do. There's enough bad news around for everyone to keep the bears thinking it'll work out in their favor, but they don't have the biggest factor in their favor, which would be Mr. Bernanke. He is giving the market protection. Once again today, he basically said he'll do what it takes to keep the market afloat. That he's ready to implement whatever is needed to keep the economy moving along in a positive fashion.
Saturday, September 01, 2012
Can the Stock Market Avoid the Election Year Dip? / Stock-Markets / Stock Markets 2012
If the last three election years are any indication, the history of the three-month period of August, September and October usually being a downer doesn’t go away just because it’s an election year.
Perhaps ominously, this year the market is following a similar pattern to the election year of 2000, the year of the bitter George Bush Jr./Al Gore election. There was a sell-off from April to an early June low. That was followed by a similar summer rally that carried the market all the way back to the April high by the end of August. The Dow then plunged 15% to its October low. The Nasdaq plunged 27% to its October low, and 38% to another low in November.
Friday, August 31, 2012
Stock Market Double Pop-N-Drop / Stock-Markets / Stock Markets 2012
Have you noticed that stocks elevate just prior to any of Bernanke’s speeches? The press reports this as if the market hangs on every word that he speaks. Today there was nothing to hang on to.
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Friday, August 31, 2012
Stock Market Warning You Should Be Aware Of / Stock-Markets / Stock Markets 2012
Sasha Cekerevac writes: While many investors are concerned about the global economy, the stock market continues to move up. Some might be feeling left out of the party. When it comes to getting a feeling of what’s happening in the global economy, starting with the basic raw material commodity firms is a good first step. The global economy depends on mining stocks to extract valuable inputs, such as iron ore, that go into making things, such as steel. If the global economy starts to slow down, less demand for the final product means that mining stocks will receive lower prices for the extracted materials.
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Wednesday, August 29, 2012
VIX Warns That Stocks Are in Trouble, Pre-Crash Formation / Stock-Markets / Stock Markets 2012
I changed the Elliott Wave pattern in the VIX to conform with that of SPY. As you can see, it broke above intermediate-term support and is preparing to break above Cycle Top resitance at 16.72 and the 50-day moving average at 17.11. The VIX has a very long way to go in a very short period of time. The open gap at 34.49 still waits to be filled.
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Tuesday, August 28, 2012
Stock Market Tired?......Nothing Bearish..... / Stock-Markets / Stock Markets 2012
The market was playing off the news that came in just after the close of action on Friday. It was, as usual, good news about Apple Inc. (AAPL) and their lawsuit against Samsung. The jury voted in their favor for a huge cash reward and licensing issues. The stock soared $20 after hours, and thus, the futures shot up as well. Google Inc. (GOOG) was adversely affected, but isn't as heavily weighted. The futures held up overall over the weekend, with Apple gapping up nearly all of those $20 it received after hours on Friday. The S&P 500 and Dow gapped up, but those gap ups were very tiny in nature. Again, Apple being the stock market.
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Tuesday, August 28, 2012
Stock Market Elliott Wave Analysis Update / Stock-Markets / Stock Markets 2012
After making a new bull market high on tuesday, SPX/NDX, the market immediately pulled back into the upper 1390′s before recovering on friday. For the week the SPX/DOW were -0.70%, and the NDX/NAZ were -0.15%. Asian markets were -0.7%, European markets were -1.6%, and the DJ World index declined 0.3%. On the economic front the numbers were quite even. On the uptick: existing/new home sales, durable goods orders and the WLEI. On the downtick: FHFA housing prices, new home prices, the monetary base and weekly jobless claims rose. Overall the pullback looked quite contained and normal for this stage of the current uptrend.
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Thursday, August 23, 2012
Stock Market Reaction, Fed Minutes And QE3...... / Stock-Markets / Stock Markets 2012
So the market tried very hard to follow through to the down side after yesterday's reversal, and was doing so successfully, until those Fed minutes were read at roughly 3:00 PM Eastern Time. That was the end of the deeper selling as those minutes pretty much said QE3 was a done deal and would happen almost assuredly sometime in the not too distant future. We all know by now that the market loves free money. Who doesn't, I guess. Although the market didn't explode due to overbought conditions, it did come well off the lows with the Nasdaq leading the way up and performing the best of all the indexes. Froth leading, which is a necessity. The dollar fell and gold rose.
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Tuesday, August 21, 2012
SP500 Stock Market Manipulation Telling Action / Stock-Markets / Stock Markets 2012
Unnaturally tight upward ranges like this are generally the sign of a 'market operation' to take equities higher.
The question of course is by whom and for what reason.
It could just be the tendency of the wiseguys to take it higher in the absence of real activity, just because they can, until it becomes priced for fantasy.
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Monday, August 20, 2012
What Skirt Lengths Tell You About The Stock Market / Stock-Markets / Stock Markets 2012
Keith Fitz-Gerald writes: Over the years I've written a number of articles about trading indicators.
They have ranged from the commonly used variety - like moving averages, crossovers, the VIX, death crosses, and Bollinger Bands - to the esoteric, including the tallest buildings, Big Money Polls, financial astrology and, more recently, magazine covers.
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