Category: Stock Markets 2012
The analysis published under this category are as follows.Wednesday, January 11, 2012
Stocks Vulnerable To Bad News / Stock-Markets / Stock Markets 2012
Financial markets love any story that involves printing money. Tuesday’s report showing China’s import growth fell to a two-year low prompted speculation that “China will loosen monetary policies to bolster economic growth”, according to Bloomberg. Tuesday’s gains left numerous markets overbought and susceptible to any negative headlines.
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Tuesday, January 10, 2012
Stock Market Praying For Resolution.... / Stock-Markets / Stock Markets 2012
Aren't we all! If this continues for too much longer we may all lose our collective minds. It's almost too painful to wake up, and deal with this every single day. If this was a short-term pattern for just a few months I could deal with it, but this is going on just far too long, and it needs to go away. I am ready to pray to the stock-market Gods for help. It's insane how this is allowed to go on day-after-day. The good is the trend lines. The long-term up-trend line and down-trend line are pinching. This can't go on forever, unless they start having the S&P 500 trade in a two-point range for a few months. I wouldn't put it past the higher-ups to do it, just to drive the last bull and bear to walk away forever. Today was yet another example of this tedious process. It was a small move up at the open that went nowhere for another six-and-a-half hours. Torture! Some volatility would be nice.
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Monday, January 09, 2012
Stock Market Uptrends Broken / Stock-Markets / Stock Markets 2012
The NDX has broken down out of its rising wedge pattern after making a slight new high this morning. The cycles tell us that we have two solid weeks of decline ahead. At the very minimum, we should see a break of the November 25 low at 2150.88. Chances are good that the decline may go even deeper.
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Monday, January 09, 2012
World Stock Markets 2012 New Year Start Review / Stock-Markets / Stock Markets 2012
Courtesy of Doug Short. Our eight benchmark world indexes got off to a mixed start for 2012, again on thin volume and variously abbreviated by a mix of market holidays. The DAXK and BSE SENSEX were the stellar performers, a full percent above the S&P 500, which also had strong opening week, as did the FTSE 100. The Shanghai finished last and is now a stunning 37.68% off its interim high. In fact, the adjacent chart shows that six of our eight indexes are more than 20% off their interim highs.
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Monday, January 09, 2012
Stock Market Another Pause? / 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, there will be another steep and prolonged decline into 2014.
SPX: Intermediate trend - Intermediate uptrend still intact, but short-term top likely soon.
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Sunday, January 08, 2012
U.S. Stock Market the New Safe Haven? / Stock-Markets / Stock Markets 2012
2012 starts off with one interesting day, then returns to the inflection point. Overall, US indices did well for the week with the SPX/DOW +1.40%, and the NDX/NAZ +3.05%. Global equity markets were less robust as Asian markets gained 0.9%, European markets lost -0.4%, and the DJ World index gained 0.8%. US economic reports for the week were quite impressive: nine positive versus two negative. On the uptick: ISM, construction spending, factory orders, the ADP, the Payrolls report, the M1-multiplier, plus both weekly jobless claims and the unemployment rate declined. On the downtick: the monetary base and the WLEI declined. Next week we have the FED’s beige book, retail sales and consumer sentiment.
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Sunday, January 08, 2012
The Stock Market Dueling Forces of 2012 / Stock-Markets / Stock Markets 2012
The cyclical bull market recovery which began in March 2009 was powerful in its first year, moderately strong in 2010 and visibly weakened by the end of 2011. Thus we have the pattern of a recovery which is losing internal force with each passing year. The start of a New Year heralds some interesting possibilities for the coming 12 months, which we'll discuss in this commentary.
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Sunday, January 08, 2012
Stock Market Push-Pull Continues... / Stock-Markets / Stock Markets 2012
The story is definitely an old one. A boring one at that. Push and pull, and then some more push and pull with both sides seemingly exhausting, themselves. While they catch their breath, they realize that they've done nothing to get excited about. They bend down with their hands on their knees and say why bother.
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Friday, January 06, 2012
Stock Market Gains May Not last / Stock-Markets / Stock Markets 2012
Numerous markets and time frames still point to lower lows in stocks later in 2012. We believe the S&P 500 could push above 1,285 toward the 1,300 - 1,343 range. However, that move may be retraced fairly quickly, based on DeMark counts, increasing bullish sentiment, and still-elevated Italian bond yields. The negative implications of a 10-year Italian bond yielding 7% were outlined at the 00:29 and 13:00 marks of a December 18 video.
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Friday, January 06, 2012
Stock Market Mixed, Narrow Close ... Well Off Lows! / Stock-Markets / Stock Markets 2012
The stock market indices started out on a very negative note today, moving down sharply at the opening, the S&P 500 dropping from 1277 down to 1265, and the Nasdaq 100 dropped quickly, but it recovered quickly. The S&P 500 also recovered, but not as quickly. However, later when the NDX broke out the SPX started to thrust. We had a strong rally from early morning to just after lunch hour, taking the NDX from 2317 to 2352. The S&P 500 jumped from 1255 to 1283. At that point they were overbought, and we indicated that we thought the market would pull back, which it did, but in an orderly fashion, holding support, which caused a late snapback into the close. The indices ended up positive on the SPX and the NDX, but not quite on the Dow, although the Dow clawed its way back about 130 points.
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Thursday, January 05, 2012
Stock Market Forecast 2012. Is The Fed Bailing Out Europe? / Stock-Markets / Stock Markets 2012
With the S&P 500 heading toward the October lows on the Friday after Thanksgiving, the ever market manipulating central banks just had to do something. The decision was made on Monday, November 28 to provide a stealth bailout for European banks, and indirectly poorly managed sovereigns. Gerald Driscoll, the former Vice President of the Federal Reserve Bank of Dallas, penned an opinion piece which appeared in the Wall Street Journal on December 28. He stated in no uncertain terms:
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Thursday, January 05, 2012
Stock Market Is Set Up.... / Stock-Markets / Stock Markets 2012
The market is set up to move higher. It doesn't mean it has to happen as planned, because, let's face it, folks, both the bulls and the bears have failed miserably in getting things done when they had their chances. There have been many chances for both sides, with the bears being the most recent group to mess up a good thing. They had the market buried with the move below 1225, but once that took place, it was churn time on diminishing volume, and that's all the bears could muster. The bears failed as the bulls took over, and have now worked the market back up to the breakout level, and beyond, for the moment, in a way that suggests somewhat higher prices ahead. Here's the set-up.
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Wednesday, January 04, 2012
Stock Market Positive Price Action / Stock-Markets / Stock Markets 2012
Worries about global markets, and particularly with Europe, appear to be forgotten as the NYSE Composite drives above resistance levels in the first trading day of 2012.
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Wednesday, January 04, 2012
Stock Market Can Just Got its Last Kick / Stock-Markets / Stock Markets 2012
Dear friends,
Remember this:
· Zigzags are very common.
· Double zigzags are less common.
· Triple zigzags are rare.
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Tuesday, January 03, 2012
Stock Market Pause Nearly 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, there will be another steep and prolonged decline into 2014.
SPX: Intermediate trend - After a pause, the intermediate uptrend is almost ready to resume.
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Sunday, January 01, 2012
Stock Market 2012 Inflection Point / Stock-Markets / Stock Markets 2012
A quiet holiday week closes out the volatile 2011. After making a new uptrend high at SPX 1269 on tuesday, the market declined to 1249 on wednesday. And that, was the entire range for the week. For the week the SPX/DOW were -0.60%, and the NDX/NAZ were -0.45%. Asian markets lost 1.1%, European markets were +0.8%, and the DJ World index was -0.1%. On the economic front reports were mainly to the downside. On the uptick: Consumer confidence and the WLEI. On the downtick: Case-Shiller, Pending home sales, the Chicago PMI, the Monetary base, and weekly Jobless claims increased. During the year the SPX traded between 1371 and 1075 ending with a net loss of 0.04 points. Trading for 2012 starts on tuesday with a full economic plate for the week. Highlights include the FOMC minutes, ISM, and the monthly Payrolls report. Happy New Year!
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Wednesday, December 28, 2011
Central Bankers vs. Natural Stock Market Cycles in 2012 / Stock-Markets / Stock Markets 2012
Government fiscal policy and central bank monetary policy have the specific goal of stamping out the business cycle. Governments have been intervening in the economy and financial markets with fiscal policies for thousands of years. Central banking, at least its current form of the last one-hundred years or so, offers more sophisticated and less transparent methods of intervention including interest rates, quantitative easing (QE), reserve requirements, currency swap lines, bank loans, etc. Use of these tools has risen sharply in recent decades, but they have never really worked. It is time to realize that business cycles and their accompanying market cycles are natural forces that are here to stay.
Saturday, December 24, 2011
Europe Bond Market To Remain Problematic For Stocks In 2012 / Stock-Markets / Stock Markets 2012
Wall Street tends to segregate “bond-guys” from “stock guys”. The bond side of the market tends to be more conservative; they also perform more detailed research meaning they actually look at the numbers. The stock side of the market is based more on momentum, gut feel, and stories.
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Tuesday, November 29, 2011
Don't Wait Until January To Play the Stock Market January Effect / Stock-Markets / Stock Markets 2012
Larry D. Spears writes: A lot of investors have pocketed big gains from the so-called "January Effect." In fact, the January Effect - which refers to the historical tendency for stock prices in general, and small-caps in particular, to rise during the first month of the year - has better than an 80% success rate since the mid-1920s.
Of course, based on recent performance, the phenomenon may soon require a new name - and some new timing guidelines for traders hoping to profit from it.
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