Category: Stock Markets 2013
The analysis published under this category are as follows.Saturday, September 07, 2013
Stock Market Downtrend Continues / Stock-Markets / Stock Markets 2013
For a four day trading week this one certainly had some volatility. After ending last week only five points from the downtrend low the market gapped up on Tuesday hitting SPX 1651. Then it dropped to SPX 1633, rallied to 1662, dropped to 1641, then rallied to 1665. For the week the SPX/DOW were +1.10%, the NDX/NAZ were +1.95% and the DJ World index closed +2.1%. Economic reports again had a positive bias. On the uptick: ISM manufacturing/services, construction spending, monthly payrolls, the monetary base, and both the unemployment rate plus weekly jobless claims improved. On the downtick: the ADP index, factory orders, the WLEI and the trade deficit worsened. Next week we get consumer credit, retail sales and consumer sentiment.
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Saturday, September 07, 2013
Stock Market Not Strong Enough.....For Either Side... / Stock-Markets / Stock Markets 2013
The bulls tried very hard to blast through 1656. The confluence of two-key moving averages and gaps couldn't keep the bulls from getting through with some force early on as the Jobs Report came in just right. Not too hot and not too cold. The Fed likely to keep pumping, yet the economy not slowing so badly as to think things are falling apart. The bulls couldn't have asked for more. So the question was would the bulls get through 1656 and run higher or not. The answer was not.
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Friday, September 06, 2013
Stock Market Corrective Bounce - Elliott Wave Forecast / Stock-Markets / Stock Markets 2013
S&P has been trading lower last week but then it reversed higher from 1625 area which is fine because we had five sub-waves down in wave (A), but we know that after every five wave move correction will follow and that is exactly what has been happing in this week. Market rallied higher with corrective personality; wave (B) as labeled on the chart. In Elliott Wave theory wave (B) are against the larger trend which means that sooner or later we expect move to the downside!
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Thursday, September 05, 2013
Stock Market… A Barrel of Monkeys / Stock-Markets / Stock Markets 2013
By Grant Williams
"What's more fun than a Barrel of Monkeys? Nothing!"
Not my words, but those of the Milton Bradley Co., which still produces under license a game first created by a gentleman named Leonard Marks, who sold the rights to his simple but addictive game to Lakeside Toys in 1965.
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Thursday, September 05, 2013
Marc Faber Stock Market Warning "Western Imperial Arrogance Will Ignite Middle-East 'Powder-Keg'" / Stock-Markets / Stock Markets 2013
As usual, Gloom, Boom, and Doom’s Marc Faber pulls no punches in this brief interview on CNBC’s Futures Now. When asked what is the catalyst for the crash he expects in US equity markets (following crashes in various markets around the world), he shocks a stunned anchor looking at equity markets near all-time highs with some ugly truths – “interest rates are no longer a tail-wind, earnings growth is not there, and emerging economies are collapsing (so no global growth).”
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Thursday, September 05, 2013
U.S. Stock Market Indices Since Their 2000 Highs / Stock-Markets / Stock Markets 2013
Courtesy of Doug Short writes: Here is a update in response to a standing request from David England, a retired professor now actively educating investors through his Trader’s Eye website. In his presentations, he likes to disprove the standard message of Wall Street, “Don’t worry! The market will always come back.” I furnished David with some charts, and I now share them with regular visitors to my Advisor Perspectives pages.
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Tuesday, September 03, 2013
Stock Market Best Offense Is A Good Defense / Stock-Markets / Stock Markets 2013
If you do not use stops in a market, do not complain about giving back profits or taking larger losses. That is the negative approach to handling one's portfolio, and for some reason, more the norm for stock investors/traders.
Change is inevitable, but it needs some direction. The use of stops will eliminate a lot of emotional decision-making and help shore up a weakness in strategy, but simply doing away with weakness does not ensure strength. Those areas which will improve overall performance need even greater development. The best way is to have a set of rules.
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Monday, September 02, 2013
Stocks Secular Bull and Bear Markets / Stock-Markets / Stock Markets 2013
Courtesy of Doug Short.Was the March 2009 low the end of a secular bear market and the beginning of a secular bull? Without crystal ball, we simply don’t know.
One thing we can do is examine the past to broaden our understanding of the range of possibilities. An obvious feature of this inflation-adjusted is the pattern of long-term alternations between up-and down-trends. Market historians call these “secular” bull and bear markets from the Latin word saeculum “long period of time” (in contrast to aeternus “eternal” — the type of bull market we fantasize about).
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Sunday, September 01, 2013
Is Stock Market SP500 1,600 the Next Support Level? / Stock-Markets / Stock Markets 2013
Investors and traders alike are heading into the long weekend with a variety of potential risks facing them. The media has made us aware of the situation that is going on in Syria and that the United States may be planning a military strike.
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Sunday, September 01, 2013
Investing in a Stock Market to Hate, The Silver Lining / Stock-Markets / Stock Markets 2013
How do I love thee? Let me count the ways. I love thee to the depth and breadth and height My soul can reach, when feeling out of sight For the ends of Being and ideal Grace. … I love thee with the breath, Smiles, tears, of all my life! — and, if God choose, I shall but love thee better after death. – Elizabeth Barrett Browning (1806-1861)
When I was growing up, Labor Day always marked the official end of summer, since we started school the next day. These days everyone seems to start school sometime in August, but for those of us of a certain age, the natural annual rhythm is still to see the last few days of August as the end of a carefree summer. So with a nod to your need for a little more summer relaxation, I will try to keep this letter shorter than usual. And with apologies to Elizabeth Barrett Browning, I will list a number of reasons why I hate this market and then suggest a few reasons why that should get you excited. We will look at some charts, and I'll briefly comment on them. No deep dives this week, just a survey of the general landscape.
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Sunday, September 01, 2013
Stock Market Moving Averages Momentumn Investing Strategy / Stock-Markets / Stock Markets 2013
Courtesy of Doug Short writes: The S&P 500 closed August with a monthly loss of 3.13%. All three S&P 500 MAs and one of the five the Ivy Portfolio ETF MAs are signaling “Invested”.
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Friday, August 30, 2013
How to Invest in a Stock Market Correction / Stock-Markets / Stock Markets 2013
Greg Madison writes: There are events unfolding right now that show you need to know how to invest in a market correction...
First, this bull market - the most unloved bull market in history, according to Money Morning Chief Investment Strategist Keith Fitz-Gerald - has continued for 54 months now. That's a full 11 months longer than the average bull market run since 1953.
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Wednesday, August 28, 2013
Stock Market What's Next....? / Stock-Markets / Stock Markets 2013
That's a great question. If you study the sixty-minute short-term charts, they're a bit more bullish. As things tried to sell today the MACD's refused to turn down. Yes, I am clearly a MACD guy. Always have been. It's in my blood. Even though 1639 should be very tough resistance, it seems to me that short-term charts may allow a bit higher first. No guarantee whatsoever as 1639 can just knock the market right back down. In addition, any move back down will get things oversold again on those short-term charts. Makes things very tough for both sides.
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Monday, August 26, 2013
Stock Market Momentum Still Down / Stock-Markets / Stock Markets 2013
I love good bounce, don't you?
But just how good have our index bounces really been so far. While we had a pretty exciting session on Friday the voulum on a 0.34% up day on the SPY (see Dave Fry's chart) was only 1/2 what it was on the 0.64% drop on Wednesday. As Dave notes: "They don't put volume on your brokerage statement, but…." As to our bounce lines - not too impressive:
- Dow 14,960 (weak) and 15,120 (strong)
- S&P 1,658 and 1,671
- Nas 3,620 and 3,640
- NYSE 9,420 and 9,500
- Rut 1,020 and 1,030
Monday, August 26, 2013
The Truth About the Nasdaq Trading Freeze / Stock-Markets / Stock Markets 2013
Shah Gilani writes: If Goldman Sachs can lose $100 million in a matter of minutes on account of its computers misfiring, is that a sign of things to come? Or is it proof we're already there?
You heard about last week's shutdown, but do you know what it means?
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Monday, August 26, 2013
Stock Market Fractured 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. A back-test of the neckline is possible over the near-term.
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Monday, August 26, 2013
Stock Market - Time To Be Defensively Pro-Active / Stock-Markets / Stock Markets 2013
We are no fans of the Fed-sponsored stock market takeover, but that seems to be the way of central planners, these days...eliminate free markets and get them to react how it puts central planning and Lying Ben's disastrous QE4Ever in a positive light, no matter that everything else is falling apart.
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Sunday, August 25, 2013
Stock Market Short Term Stabilization, But Not Out of the Woods Yet / Stock-Markets / Stock Markets 2013
Courtesy of Doug Short. Chris Puplava writes: Given how oversold the market was entering this week it’s not surprising to see some stabilization. The S&P 500 was able to reclaim its 50-day moving average (50d MA) though I don’t think we are quite out of the woods as sentiment and other intermediate technical indicators remain only slightly below neutral levels. One noticeable improvement has been sentiment, which has worked off some of the recent bullish levels and moved closer to levels associated with bottoms as both active money managers and retail investors turn overly bearish.
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Sunday, August 25, 2013
Stock Market Bears Draw Blood - 5 Down On The SPY / Stock-Markets / Stock Markets 2013
SPY
Last week's article I left readers with the idea of looking for a bounce for wave [iv] and new lows for wave [v].
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Saturday, August 24, 2013
Stock Market Downtrend Continues / Stock-Markets / Stock Markets 2013
The market opened the week flat, made a new downtrend low Monday, retested that low Tuesday, then made a lower low after the FOMC minutes on Wednesday. After that the market rallied for the rest of the week. For the week the SPX/DOW were mixed, the NDX/NAZ were +1.55%, and the DJ World index lost 0.3%. It is interesting that the DOW has confirmed the downtrend, while the SPX/NDX/NAZ have yet to do so. On the economic front it was another mixed week. On the uptick: existing home sales, FHFA housing prices, leading indicators and the monetary base. On the downtick: new home sales, the WLEI, and weekly jobless claims rose. Next week the first revision to Q2 GDP, plus PCE prices, Personal income/spending and Consumer sentiment. Best to your week.
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