Category: Stock Markets 2012
The analysis published under this category are as follows.Tuesday, November 13, 2012
Stock Market S&P 1375 Holds For Now... / Stock-Markets / Stock Markets 2012
The market closed last week a few points above that critical area of support for the S&P 500. With the Dow and Nasdaq already decently below their critical levels of support or the 200-day exponential moving average, everyone was wondering this weekend whether the S&P 500 would follow along.
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Tuesday, November 13, 2012
US Stock Market Downtrend Nearing a Low / Stock-Markets / Stock Markets 2012
The US market rallied into election day, and then sold off after President Obama was re-elected. During the selloff the trends of all four major US indices realigned, for the first time since early October. For the week the SPX/DOW were -2.25%, and the NDX/NAZ were -2.65%. Asian markets lost 1.4%, European markets lost 2.1%, and the DJ World index lost 2.1%. On the economic front positive reports outpaced negative reports 7 to 2. On the downtick: ISM services and the WLEI. On the uptick: consumer credit, the trade deficit, export/import prices, consumer sentiment (5 year high), wholesales inventories, and weekly jobless claims improved. Next week we get to review the FOMC minutes, plus reports on Retail sales, the PPI/CPI and Industrial production.
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Monday, November 12, 2012
The Stock Market Just Realized Two BIG Problems / Stock-Markets / Stock Markets 2012
The US Presidential election ended November 6, 2012. Since that time, the market has fallen 3%.
There are a multitude of reasons for this, but the primary one is the fact that the markets is beginning to realize two key items:
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Monday, November 12, 2012
MAP Wave Analysis - Stock Market Clues of US Fiscal Cliff? / Stock-Markets / Stock Markets 2012
In March MAP Wave Analysis projected the DOW ideal Q-2 reaching 13750 by November in Dow Stock Market Index Ready to Form a Major Top. Then in October the DOW failed to make a new high as detailed in DOW Stock Market Index 2007 Retest Failure – Game Over USA and in Best Stock Market Shorting Opportunity in 300 Years the context of the conclusions was detailed.
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Monday, November 12, 2012
Stock Market Ready for a Bounce Within Intermediate Downtrend / 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 - SPX has made a triple top, which is a bearish pattern. It has now given a strong indication that an intermediate correction is underway.
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Sunday, November 11, 2012
The Best Stock Trade You Can Make in November / Stock-Markets / Stock Markets 2012
Alexander Green writes: In December 1996, I sold some shares of Best Buy (NYSE: BBY) to offset gains elsewhere in my portfolio.
I still consider it the most boneheaded investment move I ever made. A year later, the stock was up more than five-fold. A few years further on, it was up more than 30-fold.
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Sunday, November 11, 2012
Time to Buy Stocks, End of Year Santa Rally is Setting up! / Stock-Markets / Stock Markets 2012
World stock markets are dropping.
This time of year traditionally sees a rally. It is called the year end rally, or the Santa Claus rally. What is going on?
Investors are worried, they want to know if Christmas is cancelled this year. In this article I look at how cycles will effect the outcome.
Sunday, November 11, 2012
Stock Market Election Week Modest Gain / Stock-Markets / Stock Markets 2012
Courtesy of Doug Short : After two days of harsh post-election selloff, the S&P 500 finished the day with a modest gain. For the first 30 minutes of trading, the index appeared directionless, but a strong consumer sentiment number put the index in rally mode, which lasted to the lunch-hour interim high, up 1.04%. The index then gave up most of the gains. A mid-afternoon rally had no staying power, and the index closed with a small but welcome gain of 0.17%. For election week, the index fell 2.43%. This was the worst weekly performance since the last week in May.
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Saturday, November 10, 2012
Stock Market Where We've Been, and Where We're Going / Stock-Markets / Stock Markets 2012
After years of campaigning and billions of dollars spent, the U.S. Congress is virtually no different than before Election Day: a Republican-controlled House, a Democratic majority in the Senate and the same occupant in the White House.
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Saturday, November 10, 2012
Stock Market Vision Cloudy...Continues Lower.... / Stock-Markets / Stock Markets 2012
Cloudy vision is what the market tries to avoid. It hates uncertainty. That's understandable. In the real world, none of us do either. The market is trying to understand what now. With the fiscal cliff dead ahead, who is going to step up on both sides and make something positive happen by meeting somewhere in the middle of each sides belief system. Is it possible for both sides to come to an agreement by checking their egos at the door? In the past, that hasn't proven to be the case and this is what really bothers the market right now. Even today, we heard from Boehner and Obama and both talked about hoping to be able to agree to something. That's not what anyone, especially the market, wants to hear. It wants to see them walk out together to announce that they will work ceaselessly until they find a cure. They will do whatever it takes to make the fiscal cliff become a bad thought that never became a reality.
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Saturday, November 10, 2012
Probabilities For The Stock Market Going Forward! / Stock-Markets / Stock Markets 2012
The Dow plunged 433 points, or 3.3%, in the two days after the election. The timing makes it ‘obvious’ to many pundits that it’s due to President Obama being re-elected.But he was already president prior to the election, and the stock market has been in a strong bull market that started March 10, 2009, less than two months after he was inaugurated. And after a 10% March to June correction this year, the market continued to rally strongly off the June low even as the polls showed him as likely to win re-election.
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Thursday, November 08, 2012
Stock Market Panic Selling Washout Bottoms at Cycle Lows / Stock-Markets / Stock Markets 2012
Good Morning,
This morning’s video covers some really interesting and educational points based around questions members have been asking me. Also below is a chart of the broad market showing my thinking for the next few days.
Thursday, November 08, 2012
Did the SP500 Stock Market Index Finally Bottom? / Stock-Markets / Stock Markets 2012
The SP 500 finally caved to match or go a bit lower than the SP 500 futures lows of about 11 days ago in yesterday’s action. The drop to the 1390 area is within our 1386-1400 pivot points for a major wave low pattern that we outlined as far back as September 25th for our subscribers.
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Thursday, November 08, 2012
Stock Market Falls Over Fiscal Cliff / Stock-Markets / Stock Markets 2012
Down 312 points yesterday.
That's a hefty sell-off and we'll see if we get some follow-through but we pretty much hit our downside targets on the head in a single day as I said to Members in yesterday's Morning Alert:
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Thursday, November 08, 2012
The Stock Market Casts Its Vote...... / Stock-Markets / Stock Markets 2012
The market voted on what it thinks of Obama winning last night's election. Four more years. Market is saying it wanted Romney for those four years. You never argue with the message of the market. My feelings are being left out here totally. Anything I say has to do specifically with the market. Again, not me but the market. Want to make it clear because I have my own thoughts that have nothing to do with the market. Bottom line is the market wanted a pro-business president. It got none of that. It wanted a president that it felt could stimulate business. The market wanted large business tax breaks to try and create new jobs. It wanted nothing to do with more debt. That's its message. I am surprised I have to admit by the size of today's drop, but it is what it is. The market had clearly, now in hindsight, been holding up thinking Romney had a great chance to win. The market got it wrong. So today we saw a gap down.
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Tuesday, November 06, 2012
Obama Election Victory Allows 4-Year Stock Market Rally to Continue / Stock-Markets / Stock Markets 2012
4 more years!
That's right, it's over. Actually, was it ever really a race or was the "close" election nothing but a fantasy engineered by the MSM to keep people interested in their election coverage? The more I read and the more I talk to people – Romney doesn't stand a chance. I'm in Las Vegas this week for our PSW Conference and most of the conversations I have with people about Romney is "who the hell is voting for him?" We're being told he's a viable candidate but maybe that's only because his team buys all the media time.
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Tuesday, November 06, 2012
Stock Market The Day Before.... / Stock-Markets / Stock Markets 2012
Election day is tomorrow and it will get very interesting around here really soon. How the market will react is a complete unknown, although my guess is it will fall if Romney wins simply because he will let Bernanke go, and he will usher in the age of no more free money. The market will almost certainly hate that to happen. Romney will represent an era of taking the medicine. Markets prefer a free ride forever, regardless of the consequences that come from such behavior. If Obama wins the market will probably celebrate some initially simply because the free ride will stay around. In time the truth will catch up, but that can be many years away. There's still absolutely no sign of a bear market anywhere to be found, even though it may feel like it.
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Tuesday, November 06, 2012
Stock Market Wimpy Election Indecision Precedes a Modest Closing Gain / Stock-Markets / Stock Markets 2012
Courtesy of Doug Short writes: The day before the presidential election saw little conviction in the stock market. The S&P 500 opened lower and hit its intraday low shortly after 10 AM. It rallied for an hour into a fractional positive range, reversed direction until near the end of the lunch hour and then mounted a modest rally, with some indecision near the end, to close with a modest gain of 0.22%. The thin volume speaks to the lack of conviction.
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Monday, November 05, 2012
Stock Market Uncertainty – Waiting to See Who Runs America / Stock-Markets / Stock Markets 2012
Today doesn't matter.
Tomorrow won't matter either. Nothing will matter much, trading-wise, until we know what direction the US will be taking for the next 4 years. Not only do we not usually get such a stark contrast in political viewpoints to vote for but also this is such a critical (and precarious) time for our economy so it's not all that surprising that we've had some wild gyrations leading up to this event.
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Monday, November 05, 2012
Bad Prospects for Extension of Stock Market Rally / 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 - SPX has made a triple top, which is a bearish pattern. It has now given a strong indication that an intermediate correction is underway.
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