Category: Stock Markets 2012
The analysis published under this category are as follows.Thursday, April 12, 2012
Stock Market Forecast for 2012 and the Following Decades, Did the Mayans Get it Right? / Stock-Markets / Stock Markets 2012
An Interview with Glenn Neely, Founder, NEoWave, Inc.
Part 1 here, Part 2:
Stock Market Forecast for 2012 and the Following Decades
Bud Fox: Glenn, you are the expert in forecasting and trading in the stock market, particularly from the perspective of NEoWave and Elliott Wave Theory. What do you think will happen in December 2012? Did the Mayans get it right? Will the stock market crash?
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Wednesday, April 11, 2012
Did the Mayans Get it Right? Broad Predictions for the 2012 Stock Market / Stock-Markets / Stock Markets 2012
An Interview with Glenn Neely, Founder, NEoWave, Inc.
Part 1:
Past Social Manias and Their Impact on the Stock Market
Bud Fox: I’m Bud Fox, owner of www.GreedandMoney.com, a website that specializes in technical analysis. Today it's my privilege to speak with Glenn Neely, founder of NEoWave and renowned Elliott Wave expert. In fact, Glenn was recently named a Top 10 S&P Timer by Timer Digest for the last 10 years, 8 years, 5 years, and for the entire year of 2011.
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Tuesday, April 10, 2012
Employment Light... Stock Market Corrective Move Continues..... / Stock-Markets / Stock Markets 2012
Markets, when they need to sell, look for a reason to start the sell-off. The market will often simply make up some type of excuse to get moving lower. Although, there are times when the market actually has the right news come out. That news occurred on Friday of last week. The Jobs Report came out much, much lighter than expectations, and the selling started. The futures ripped lower after the report, and held lower all weekend, allowing for a large gap down as the market opened for trading today. The market pretty much traded sideways the rest of the day as things got oversold on the short-term 60-minute charts. Once that unwound back up a bit intra-personal day, the selling started back up again very late in the session. The indexes were down roughly one percent for the day. A poor advance-decline line solidified the selling for the bears. The market has begun the process of forming a deeper-base move off the recent 1422 top on the S&P 500. Unfortunately, for the very impatient, this is going to be a longer-term situation. It's not going to be cured in just a few weeks. We are in week two, and likely will be in week 10, and more further down the road.
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Monday, April 09, 2012
Stocks Have Reached the Euphoria Stage / Stock-Markets / Stock Markets 2012
The last bull ended when the leading stock, GOOG, entered a parabolic "bubble" phase. That was the signal that the bull had reached the euphoria stage. When the GOOG bubble popped it signaled the end of the bull market.
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Monday, April 09, 2012
Stock Market Two Month Top in Place? / 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 may already have started to take shape.
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Sunday, April 08, 2012
Has the Stock Market Topped? / Stock-Markets / Stock Markets 2012
The current MAP wave count on the S&P 500, 4H-1 of D-1 of W-1 of M-3, indicates we are at the point of a major correction which would be confirmed with a break below 1391.
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Wednesday, April 04, 2012
Stock Market Rally Beginning of the End / Stock-Markets / Stock Markets 2012
As convincing as this rally has been I am confident this is an ending phase and not the start a new secular bull market. Actually the bear market began last year in May but was temporarily aborted by massive Central Bank printing. Let me explain.
The last four year cycle that started in 2002 and bottomed in 2009 was the longest four year cycle in history. It was stretched to these extreme lengths by Bernanke's desperate strategy of debasing the currency to avoid the bear market that should have begun in 2006. Instead the stock market cycle stretched all the way into the spring of 2009.
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Wednesday, April 04, 2012
Has the Fed Boosted the Stock Market? / Stock-Markets / Stock Markets 2012
You bet. And aggregate demand for goods and services, too. If the Fed had not expanded its balance sheet in the past few years, the weakest U.S. economic recovery in the post-WWII era would have been even weaker and U.S. stock prices would have suffered. Chart 1 shows the year-over-year percent changes in monetary financial institution (MFI) credit. Private MFI credit is made up of the sum of loans and securities of commercial banks, savings & loan associations and credit unions. Total MFI credit is private MFI credit plus assets on the books of the Federal Reserve, i.e., Fed credit.
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Wednesday, April 04, 2012
Stock Market Rollover Likely Starting / Stock-Markets / Stock Markets 2012
Equity markets have sustained a steady upward trend over the past four months, many with only a brief pullback in early March. However, with buying pressure in decline since early February, the markets now appear set to retrace some of that advance as the April low approaches.
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Tuesday, April 03, 2012
Are The Stock Markets About to Blink? / Stock-Markets / Stock Markets 2012
Shah Gilani writes: The stock market is off to its best start since 1998, but now what?
The markets could continue drinking the good times Kool-Aid ...
Or April could be the last hurrah before a May hangover has us all reaching for the Alka-Seltzer again.
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Sunday, April 01, 2012
Trading the Sun, Economic Rot and the Emerging Housing Stealth Bull Market / News_Letter / Stock Markets 2012
The Market Oracle NewsletterMarch 12th, 2012 Issue #3 Vol. 6
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Sunday, April 01, 2012
Stocks Stealth Bull Market Riding Tsunami's of Debt Crisis Fears to New Highs, What's Next? / Stock-Markets / Stock Markets 2012
The Market Oracle NewsletterFebruary 21st, 2012 Issue #2 Vol. 6
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Sunday, April 01, 2012
AAPL Falls....NDX Lags...ISM On Deck.....Stock Market Turning Point? / Stock-Markets / Stock Markets 2012
Three days ago Apple Inc. (AAPL) printed a doji candle after a long run up. In most cases, 90% or more, and especially if you're not Apple, it usually means that the stock has topped out short-term. A doji, meaning a candle that gaps up and shows indecision after that gap up, where buyers no longer can take it up with sellers holding the line for the day. A stock will open and close at basically the same price. Apple, for once, has followed normal protocol. It has fallen off that candle stick the past two days. It has helped the Nasdaq lag behind the Dow and S&P 500.
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Sunday, April 01, 2012
Foreign Stock Markets Weakening Again / Stock-Markets / Stock Markets 2012
Somewhat of a volatile week in the US markets, as the SPX rallied to 1419, dropped to 1392, and ended the week at 1408. The market made a new uptrend high, but the pullback that followed was more than expected. For the week the SPX/DOW gained 0.9%, as did the NDX/NAZ. Foreign markets were again less fortunate. Asian markets ended the week flat, European markets lost ground again this week, (-1.7%), and the DJ World index gained 0.2%. On the economic front there was a slight bias to the downside. On the uptick: durable goods orders, Q3 GDP, personal spending, consumer sentiment, the WLEI, the M1 multiplier, and new home prices. On the downtick: pending home sales, Case-Shiller, consumer confidence, personal income, PCE prices, the Chicago PMI, the monetary base, and weekly jobless claims rose. Next week we get a look at the Payrolls report, ISM and the FOMC minutes. Best to your week.
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Saturday, March 31, 2012
S&P 500 Best Quarter Since 1998 / Stock-Markets / Stock Markets 2012
Courtesy of Doug Short. : The S&P 500 closed the day with a modest gain of 0.37%, breaking a three-day losing streak. But the financial media was quick to point out that this is the best quarterly gain in the index (and the Dow) since 1998.
In honor of this achievement, I’ve added a chart below, courtesy of BigCharts.com, to illustrate the quarterly behavior of the S&P 500 since the mid-1990s — hardly a random walk!
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Friday, March 30, 2012
Stock Market Multi-Year Top, Is European Socialistic Decay Ahead of US? / Stock-Markets / Stock Markets 2012
The DAX by breaking below 6908 today confirms a major correction is due! Most likely appears all the way below its 09 low of 3695 over the next year or 2 before its long term trend turns up again!Looking from the 07 high we see a clear 5 wave count to the 09 bottom.
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Wednesday, March 28, 2012
Stocks Bull Continues.... / Stock-Markets / Stock Markets 2012
We can try to pull this apart from many different angles, but the reality is the bull market continues, because we have Fed Bernanke, who will do whatever it takes to float the markets. With interest rates low, there's no other place to really put your dollars. Keep it simple. This doesn't mean that at any time we can't go into a prolonged period of going nowhere. The market is showing continued solid action on weakness, and will likely do this type of behavior for a long time to come. If we pulled back 5%, it would feel like death. But in truth, it would do little to the bull market technicals.
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Saturday, March 24, 2012
Stock Market Uptrend Likely to Resume Next Week / Stock-Markets / Stock Markets 2012
After five weeks of uninterupted gains in the SPX the market pulled back this week and ended with the SPX/DOW -0.85%. The NDX has risen for 12 consecutive weeks, and the NDX/NAZ were +0.50% this week. Foreign market fared much worse. Asian markets lost 1.0%, European market were 2.6% lower, and the DJ World index was down 1.1%. On the economic front positive reports edged out negatives 5 : 4. On the downtick: the NAHB housing index, housing starts, new home sales and the FHFA housing price index. On the uptick: building permits, existing homes sales, leading indicators, the WLEI and weekly jobless claims declined. While our leading indicators suggest housing has entered a new bull market, trailing indicators are still lagging.
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Saturday, March 24, 2012
Stock Market Investor Capital Safety: Is There Such a Thing as "TOO Safe" / Stock-Markets / Stock Markets 2012
We all know that the stock market has been rising for 3 years. Many economic measures -- unemployment, consumer spending and confidence, etc. -- also show strong improvement. Yet is that a good reason to stay bullish on stocks?
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Saturday, March 24, 2012
Stock Market Seasonal Trend, Here We Go Again Already? / Stock-Markets / Stock Markets 2012
What is it about the economic recovery so far that allows good news to last for only six months at a time before fears rise again and the economy needs another adrenaline fix from the Fed? The pattern has been clearly reflected in the stock market, which saw its historical pattern of making its gains in the winter months and suffering corrections in the summer months even more pronounced in 2010 and 2011.
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