Category: Stock Markets 2013
The analysis published under this category are as follows.Friday, September 20, 2013
Terrorism and the Stock Market, Investor Participation in Decline / Stock-Markets / Stock Markets 2013
Contrarians take note: The latest issue of Time magazine featured another one of those infamous bull market covers. The bull was displayed rather prominently on the cover under the headline, "How Wall Street Won."
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Thursday, September 19, 2013
Stocks Go Parabolic Without Taper to Hold them Down / Stock-Markets / Stock Markets 2013
Holy cow, look at that Dow line: We have gone from 14,700 to 15,700 (6.8%) in 3 weeks. At this pace, we'll be at 19,000 by December 31st and over 20,000 in January and 32,000 at the end of next year! Wow, that is so normal, right?
Of course, the Fed DID put $1Tn into the market yesterday. Actually it was more like $2Tn because they are continuing to put $85Bn PER MONTH ($1Tn per year) into the markets through QE but they also withdrew $1,000,000,000,000 – not just from your savings account – but from every single asset you have, when they devalued the Dollar by 1% yesterday.
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Thursday, September 19, 2013
Dow Jones Upside Break May be a Head Fake / Stock-Markets / Stock Markets 2013
To begin with, attention is drawn to the positions of the RSI and MACD on the chart below (stockcharts.com). The RSI is overbought and the MACD has failed to rise to a new high. Technically speaking, this is a meaningful non-confirmation
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Wednesday, September 18, 2013
Why the Stock Market Prefers Yellen So Much for New Fed Chief / Stock-Markets / Stock Markets 2013
George Leong writes: With recent news on Federal Reserve Chairman Ben Bernanke’s possible replacements, we’re seeing even more evidence that the stock market gains really are largely dependent on the Fed’s current easy money environment.
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Tuesday, September 17, 2013
Why the Roaring S&P 500 Is Really Showing Signs of Weakness / Stock-Markets / Stock Markets 2013
Sasha Cekerevac writes: Looking back over the past year, it’s quite amazing to see the shift in market sentiment. Last year, many investors were quite skeptical of the market, best represented by the S&P 500, and this led to cautious market sentiment.
This year, with the S&P 500 hitting new all-time highs, market sentiment has certainly improved substantially. But the question is: can the move continue?
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Tuesday, September 17, 2013
Summers Out... Stock Market Likes But Fades Late.... Nasdaq Lags Badly / Stock-Markets / Stock Markets 2013
The market sent a strong message today about what it thought of the prospects of Larry Summers taking over as the head of the federal reserve. Mr. Bernanke and his liquidity machine are on the way out this January. The market wanted to get more insight into who may take over. It wanted someone more in tune with the ways of Mr. Bernanke. In other words, free cash. Mr. Summers is known to be the opposite. He doesn't believe in nonstop stimulus where Ms. Yellen does believe in it. The market was hopeful to have someone step in who would basically keep the machine running if necessary, and thus, celebrated the news that came out over the weekend when Mr. Summers said he was no longer interested in being the head of the Fed world.
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Tuesday, September 17, 2013
Stock Market Turn is Upon Us / Stock-Markets / Stock Markets 2013
SPX did turn just about mid-day and is challenging its uptrend line. There are a lot of issues the market must contend with. First, there’s the taper. Second, there the interest rate spike, which the Fed is not prepared and hasn’t planned for. Third, Janet Yellen could not see the last crisis, showing her to be unprepared for the next one, as well. She is still the first candidate for the Fed Chairmanship, but appears totally unable to think independently. Maybe that’s what Obama wants?
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Monday, September 16, 2013
Cycle Turn Date May Stop the Stock Market Rally / Stock-Markets / Stock Markets 2013
Good Morning!
Today is day 11 from the September 5 Trading Cycle high in TNX. It is also a potential turn date into a potential Primary Cycle high on September 29 through October 3. Primary Cycles can be very strong and sharp. You may recall that I have said, “Primary Cycles may often be spoken of in superlatives.” This one promises to be one of them.
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Monday, September 16, 2013
Summers Out, Syria Solved, Stock Markets Flying! / Stock-Markets / Stock Markets 2013
The Futures are flying!
Everything we were worried about is "fixed" and most of the Global markets are snapping higher this morning. That suits us just fine as we got much more aggressively bullish at our Strong Bounce lines on Tuesday (see "5 More Trade Ideas that Make 500% in an Up Market") and, even better, we nailed it again on oil, which is DOWN to $106.50 again this morning (/CL) for $2,000 PER CONTRACT gains!
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Monday, September 16, 2013
Stock Market September Bounce Accelerates / Stock-Markets / Stock Markets 2013
Courtesy of Doug Short writes: For the second consecutive week, all eight indexes on my world watch list finished with gains, the first time that’s happened this year. In fact, prior to the last two weeks there have only been three other Friday closes when all eight posted gains: the first Friday of 2013, Friday May 10th, and Friday July 12. The Shanghai Composite was the week’s big winner, with a 4.50% advance. The Nikkei finished second with a 3.92% gain. The S&P 500′s 1.98% was only good enough to be the top of the second tier. The FTSE posted the smallest gain, a perfectly respectable 0.56%.
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Monday, September 16, 2013
Stock Market Rally is Suspect But Larry Summers Comes to its Rescue! / Stock-Markets / Stock Markets 2013
Current Position of the Market
SPX: Very Long-term trend - The very-long-term cycles are in their down phases, and if they make their lows when expected (after this bull market is over), there will be another steep decline into late 2014. However, the severe correction of 2007-2009 may have curtailed the full downward pressure potential of the 40-yr and 120-yr cycles.
Intermediate trend - SPX and some other indices have formed a H&S top which was confirmed with last week's sell-off. An intermediate term correction is under way.
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Sunday, September 15, 2013
Stock Market Bulls in Charge, Nothing But Bad Choices / Stock-Markets / Stock Markets 2013
It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong. – Thomas Sowell
With a few exceptions here and there, crises in government funding don't simply arrive on the doorstep unannounced. Their progress toward the eventual Bang! moment is there for all the world to see. What final misdeed triggers the ultimate phase of the crisis is less predictable, but the root cause is almost always the same: debt. And whether that debt is actually borrowed or is merely promised to the populace, when the market becomes worried that the ability of the government to fund its promises is suspect, then the end is near. Last week we began a series on what I think is an impending crisis in the unfunded pension liabilities of state and local governments in the United States.
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Sunday, September 15, 2013
Major Signs of a Stock Market Top Forming / Stock-Markets / Stock Markets 2013
Tops never form cleanly.
I’ve made the mistake of attempting to call a top on the “dot” in the past. The reality is that anyone who attempts to do so is exercising their ego more than their judgment.
Market tops occur when investor psychology changes. But it’s not a clean shift. Investors, like any category of people, are comprised of numerous groups or sub-sects: some get it sooner than others.
Saturday, September 14, 2013
Stock Market Inflection Point / Stock-Markets / Stock Markets 2013
The market staged a surprise this week, continuing its rally from the August 29th low at SPX 1628, by gapping up the first two days and hitting SPX 1690 by Thursday. We had expected the market to run into resistance at the SPX 1658-1667 range and even the OEW 1680 pivot range. But it managed to exceed both. For the week the SPX/DOW were +2.5%, the NDX/NAZ were +1.55%, and the DJ World index was +2.3%. Economic reports came in with a positive bias. On the uptick: wholesale/business inventories, retail sales, the PPI, the M1 multiplier, the WLEI, plus weekly jobless claims and the budget deficit improved. On the downtick: consumer credit/sentiment, and export/import prices. Next week we have industrial production, the FOMC meeting, housing reports and options expiration.
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Saturday, September 14, 2013
Stock Market Reaches For New Highs Even As Risks Rise / Stock-Markets / Stock Markets 2013
The stock market took advantage of the lack of economic reports this week to rally back toward its bull market highs.
The previous week’s economic reports, particularly the dismal employment report last Friday, were forgotten as the threat of a military strike against Syria faded.
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Thursday, September 12, 2013
What You Need to Know About the Dow Stock Index's Big Changes / Stock-Markets / Stock Markets 2013
In the biggest Dow Index changes in nearly a decade, Alcoa Inc. (NYSE: AA), Hewlett-Packard Co. (NYSE: HPQ), and Bank of America Corp (NYSE: BAC) are being dumped from the closely watched 30-stock index.
Athletic gear maker Nike Inc. (NYSE: NKE) steps into the place of Alcoa, a Dow component for 54 years. Payments company Visa Inc. (NYSE: V) will unseat HP, which joined the blue-chip benchmark in 1997. And Goldman Sachs Group Inc. (NYSE: GS) replaces BofA, which joined the index five years ago.
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Thursday, September 12, 2013
Dow and S&P Stock Market Indices Range Bound, Nasdaq in Bullish Breakout / Stock-Markets / Stock Markets 2013
The “Syrian Conflict pullback” is over and the market is back in bullish mode, particularly the NASDAQ which has just given a bullish breakout signal.
For the third time the 1480’ish level on the Dow Transports has held. With this support holding, the bull trend is back in business on the Industrials the Transports and the S&P. However, they are range bound.
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Wednesday, September 11, 2013
Stock Market Setup for a Perfect Storm / Stock-Markets / Stock Markets 2013
TNX rallied this morning, instead of declining, as I had reported earlier. This leaves a probable irregular correction, also known as a “running correction.” A breakout may be the catalyst for the SPX reversal as well.
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Monday, September 09, 2013
Stock Market Ready for Wave C Decline? / Stock-Markets / Stock Markets 2013
Current Position of the Market
SPX: Very Long-term trend - The very-long-term cycles are in their down phases, and if they make their lows when expected (after this bull market is over), there will be another steep decline into late 2014. However, the severe correction of 2007-2009 may have curtailed the full downward pressure potential of the 40-yr and 120-yr cycles.
Intermediate trend - SPX and some other indices have formed a H&S top which was confirmed with last week's sell-off. An intermediate term correction is under way.
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Sunday, September 08, 2013
Stock Market S&P Upside In Question. Watch The Nasdaq / Stock-Markets / Stock Markets 2013
The point of reading developing market activity, as seen in charts, is to eliminate any need to “predict” what may develop next day, week, or month. There is no more reliable a source of information than the market itself. Everything one needs to know is found within price and volume activity, over time. If you know the market trend, and you have some solid rules of engagement, profitable success is almost assured.
The stock market has made historic highs, but there are questions regarding its ability to sustain the upward drive during the natural market-aging process. Last time, there was a discussion about rules and a need for caution, [S&P And NAS - Best Offense Is A Good Defense, click on http://bit.ly/1dAUwUB, if you missed it].
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