Category: Stock Markets 2012
The analysis published under this category are as follows.Thursday, May 03, 2012
Stock Market MAP Waves Part 2, An Alternative to Elliot Waves - Corrections Explained! / Stock-Markets / Stock Markets 2012
In part 1 http://www.marketoracle.co.uk/... or http://mapportunity.wordpress.com/...I presented the methodology and probabilities for Weekly and Daily pivots. Here I will be looking at establishing the probabilities of smaller scale wave counting and begin to highlight the difficulties in using small scale wave counting. I will also look at where are you most likely to find extensions. You can check the numbers for yourself using simple moving averages to validate my findings, or duff them, in order to make more informed investment decisions. Remember the world was once flat!
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Thursday, May 03, 2012
Why the World Economy Won’t Collapse, Bullish for Stock Stocks / Stock-Markets / Stock Markets 2012
Arising from my last week’s blog, a reader sent me the following link: Bond, Stock & Gold Market Update - Lundeen
He also posed a particularly interesting question (paraphrased): “If Mr Lundeen’s conclusion regarding rising risks in the bond markets is correct, is it possible (maybe even likely) that – if money fleeing the bond markets was to seek alternative investment avenues – all three of the equity markets, the commodity markets and the gold market might rise?”
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Thursday, May 03, 2012
Stock Market Striking Similarities Upon Us / Stock-Markets / Stock Markets 2012
I have this growing suspicion that many of you are making the subtle transition to a potential bullish outlook for the stock market. I'll need a minute or two of your time so that I can King Kong all of that nonsense.
If I must say, last week was full of distractions. Obviously the first, Apple's remarkable quarter was a surprise to many, especially given the five day sell-off prior to the actual news release. This outcome provided investors with relief, and the reassurance of knowing this bellwether did not actually stumble, but instead just underwent a retracement. Unfortunately, the leaders of the stock market, including Apple, have yet to clear their previous highs. This I can tell you has done very little to generate much renewed confidence among investors.
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Thursday, May 03, 2012
Stock Market Negative Divergences Unwound... / Stock-Markets / Stock Markets 2012
As the day moved along yesterday, I noticed the short-term 60-minutes charts got both a bit overbought, and they also printed negative divergences. From that point, yesterday until early this morning, the Nasdaq fell sixty points, two percent to work off that combination of overbought and poor divergences. That's about what it usually takes, give or take one percent. Remember, these bad divergences, and overbought conditions, occurred on the 60-minute time-frame charts, and not on the daily charts. That's key as those 60-minute charts can unwind those conditions within one to two days, while, if they took place on the daily chart, it could take several weeks, and sometimes even months. Never panic out of long positions just because those negatives set-up on a 60-minute time frame on all the index charts.
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Wednesday, May 02, 2012
U.S. Stock Market is in a Fed Fueled Bubble / Stock-Markets / Stock Markets 2012
Harvard economics professor Martin Feldstein spoke to Bloomberg Television's Sara Eisen this morning, saying that the real danger to the U.S. economy is that "this is a bubble in the stock market created by low long-term interest rates that the Fed has engineered."
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Wednesday, May 02, 2012
Stock Market Top is In / Stock-Markets / Stock Markets 2012
It appears that this rally was done in 43 hours. It apparently didn’t need the full 21.5 days from the April 10 low, as I had suggested yesterday.
Things should speed up from here. I estimate that the decline to point 6 may only take 2 days (12.9 to 17.2 hours). Then a rally into the weekend.
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Monday, April 30, 2012
Stock Market MAP Analysis - Russell Update 30 April / Stock-Markets / Stock Markets 2012
Following last weeks update I feel that it is important that some parameters are explained to avoid comment updates which are behind the price movement. As a result I have changed the format slightly with the addition of expected movement limits on various time scales, and will update my big pictures to include these. I also feel that users should have a better understanding of the parameters and as such last week published an explanation of MAP wave basics http://www.marketoracle.co.uk/Article34332.html , and will be adding more detail over the coming weeks. Part 2 is in final edit and hopefully will be ready by the end of the week. To get updates of my analysis please just click follow on my blog.
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Monday, April 30, 2012
Don't argue with the Markets, Stocks do not appear to be Anticipating Catastrophe / Stock-Markets / Stock Markets 2012
A fascinating chart crossed my desk yesterday – apparently originated by Doug Short and referred to by Mike Shedlock.
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Monday, April 30, 2012
Is the Stock Market Correction Over? / 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 - The intermediate uptrend is still intact and the short-term correction could be over.
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Monday, April 30, 2012
Stock market review (weekly) after 27th April, 2012 / Stock-Markets / Stock Markets 2012
Manas Banerji writes: Global recovery is heavily threatened by bad to worse macro economic reports and by rating downgrades. Financial market is again feeling the environment of last year; in fact I would say that it is more this time. China and many other major Emerging nations are also getting in trouble. Now it is no meaning to discuss the real cause behind S&P downgrades, only thing I can say market is in risk.
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Monday, April 30, 2012
Why U.S. Dollar is Critical for the Stock Market S&P 500 Index This Week / Stock-Markets / Stock Markets 2012
Unfortunately I was sick the past few weeks and I am just now getting back into the swing of things. Similar to the demand pull that the warmer than usual spring has had on macroeconomic data, the warmer spring caused me to have an earlier than usual sinus infection as well as some horrific allergies. I suppose I am pushing it a bit far when I am comparing my health concerns to economic data, but alas I fly my nerd flag proudly.
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Sunday, April 29, 2012
U.S. Stock Market at Inflection Point / Stock-Markets / Stock Markets 2012
An interesting week. The market opened the week with a large gap down, the fifth gap opening in six trading days, and traded down to SPX 1359 in the first half hour. That was the low for the week. The market then recovered, somewhat, on monday and tuesday. Then AAPL’s earnings were released after tuesday’s close. On wednesday the market rallied, despite a ‘hold the course’ FOMC statement. Thursday the rally continued. Then on friday Q1 GDP was reported lower than expected, but the market still managed to end higher. For the week the SPX/DOW were +1.65%, and the NDX/NAZ were +2.35%. Asian markets were -0.6%, European markets were +1.0%, and the DJ World index rose 1.1%. Economic reports were mixed, with negatives outpacing positives 7 to 6. On the uptick: new/pending homes sales, FHFA, new home prices, consumer sentiment and the monetary base. On the downtick: Q1 GDP, WLEI, Case-Shiller, durable goods orders, the M1-multiplier, and weekly jobless claims rose. Next week we’ll get reports on monthly Payrolls, ISM, Chicago PMI and Auto sales. Best to your week!
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Saturday, April 28, 2012
Stock Market Holds Well...Lateral Continues... / Stock-Markets / Stock Markets 2012
This is what the bulls wanted to see take place; a nice unwinding in the key oscillators on the important index daily charts. They wanted to see price hold well, while MACD's, RSI's, and stochastic's rock lower. This was the result they wanted, and it's the result they have gotten thus far. There is never a guarantee that this process will continue, but the results, thus far, have been quite good, and therefore, it's likely to continue.
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Saturday, April 28, 2012
The Fed Will Come To The Rescue But Deliberately Late! / Stock-Markets / Stock Markets 2012
There can be no doubt anymore that the global economic recovery is in trouble again.In the U.S. we can see it in the reversals of previously positive economic reports; unexpected declines in durable goods orders, industrial production, new home sales, existing home sales, new home starts, construction spending, new jobs creation, personal income, consumer confidence, small business confidence, and so on.
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Saturday, April 28, 2012
Stock Market S&P 500 Technical Outlook / Stock-Markets / Stock Markets 2012
Volkmar “Marc” G. Hable. Technical comment.This is an update on the technical comment regarding the S&P500 (symbol: SPX).
1. An ascending wedge has formed in the past months. This represents a fairly reliable pattern in the S&P500 as well as the German DAX large cap index. Other indices display a less reliable reaction to that pattern but may follow suite to those two leading stock indices.
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Friday, April 27, 2012
Stock Market Breadth, VIX, And Trends Give Slight Edge To Bulls / Stock-Markets / Stock Markets 2012
On April 26, we mentioned the chart of the VIX “Fear Index” (VXX) relative to the S&P 500 (SPY) represented a good way to monitor risk in an environment with some conflicting signals. An updated version of the chart, as of Thursday’s close, is shown below. The bulls made some progress with the blue upward-sloping trendline being violated, which shows decreasing levels of fear relative to the willingness to take on risk (see red arrow).
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Thursday, April 26, 2012
AAPL...Fed....Both Are Fine.... / Stock-Markets / Stock Markets 2012
It was a very interesting 24 hours for the stock market as it waited to hear how Apple Inc. (AAPL) would do on their earnings report and what was on the mind of our Fed leader, Mr. Bernanke. Apple surely didn't disappoint as they came in above expectations. The stock rocked higher and carried the futures with it. Good, solid action all day in the stock.
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Wednesday, April 25, 2012
Stock Market Further down side expected for the rest of this week / Forecasts / Stock Markets 2012
Further drops are expected in the markets over the next few days to make a tradable pivot.
S&P has nicely followed its cycle channels and appears to be putting in its final wave and is expected to put in a bottom (4H-1) in the next day or so below H-3 and most likely on the piercing the lower lime rail and as far as the lower blue rail as suggested in the April 17th update.
Tuesday, April 24, 2012
Fed Statement To Set Market’s Tone / Stock-Markets / Stock Markets 2012
The markets advanced early Tuesday after a report on home sales exceeded forecasts. On the earnings front, AT&T (T) and 3M (MMM) came in above consensus. With an important Fed statement and a durable goods report coming on Wednesday, we will be monitoring our market models, support, and moving averages closely.
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Monday, April 23, 2012
Stock Market SPX Index Still in Correction Mode / Stock-Markets / Stock Markets 2012
Current position of the market
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 – The intermediate uptrend is still intact, but a short-term top is already in place.
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