Category: Stock Markets 2013
The analysis published under this category are as follows.
Friday, August 23, 2013
Stock Market Bedlam Breaks Loose! / Stock-Markets / Stock Markets 2013
By: Anthony_Cherniawski
First the NASDAQ broke down at noon, precisely when AAPL fell beneath 500.00 (any coincidence there?).
Virtually all NASDAQ stocks were halted.
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Friday, August 23, 2013
NASDAQ Stock Market Trading Halted / Stock-Markets / Stock Markets 2013
By: Jesse
As I am sure you have heard NASDAQ trading for stocks and options was halted earlier today around 12:23 PM because of a computer trading glitch. It is now scheduled to reopen for trading at 3:25 PM although quite a few stocks are now showing quotes.
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Friday, August 23, 2013
When Exchanges Crash Do They Dream of Electronic Sheep / Stock-Markets / Stock Markets 2013
By: Jesse
When the Exchanges crash and burn, do they dream of electronic sheep?
Well, I cannot say if they dream or not, but you may as well be dreaming of electronic money, if that is where you keep your wealth, and it is lost somewhere in an electronic storm. You are reliant on the integrity of the exchanges and their owners for restitution. Often it works out well, and things go on as normal. But as the dominoes of counterparty risk start falling, it is 'might makes right' as we saw in the mysterious case of MF Global.
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Thursday, August 22, 2013
Possible Stock Market Pop and Drop / Stock-Markets / Stock Markets 2013
By: Anthony_Cherniawski
It now appears that Minor Wave 4 is not yet completed. A closer examination of the waves suggests that the bottom at 1400 hours was an impulse, finishing off Minor Wave 3. However, both the rally from that low and the subsequent decline into the close were a-b-c waves. It should come as no surprise that Minor Wave 4 may retest the 50-day moving average before selling off. The Wave structure suggests either a 12.9 hour or 17.2 hour decline may follow, finishing intermediate Wave (1) by Friday’s close or Monday morning.
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Wednesday, August 21, 2013
Pivot Day for the US Dollar and SPX / Stock-Markets / Stock Markets 2013
By: Anthony_Cherniawski
The Pre-Market has pushed lower, but not yet breaking yesterday’s low. Having closed just below Cycle Bottom Support/resistance at 1652.76 and failing to levitate back above that level in the Pre-Market suggests that SPX may go considerably lower today. That doesn’t rule out some kind of correction when the FOMC minutes are released at 2:00 pm (1400 hours).
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Wednesday, August 21, 2013
The Dow 30 Stock Market Index is the Greatest of All Ponzi Schemes / Stock-Markets / Stock Markets 2013
By: Wim_Grommen
Beware: The Dow 30’s Performance is Being Manipulated!
The Dow Jones Industrial Average (DJIA) Index – the oldest stock exchange in the U.S. and most influential in the world – consists of 30 companies and has an extremely interesting and distressing history regarding its beginnings, transformation and structural development which has all the trappings of what is commonly referred to as pyramid or Ponzi scheme.
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Wednesday, August 21, 2013
Stock Market OBV Chart At a Critical Juncture / Stock-Markets / Stock Markets 2013
By: Brian_Bloom
There is something very odd about the chart below. To understand what, it is necessary to understand how “On-Balance-Volume” charts are constructed.
Basically, if price rises during the day (today’s close is higher than yesterday’s close) then all volume of that day is treated as buying pressure. Vice versa if price end lower today than it ended yesterday. If price does not change, then volume is ignored. (As an aside, because price can be rigged on a Friday, weekly OBV charts tend to be meaningless)
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Wednesday, August 21, 2013
Stock Market Rebound Amid a Worldwide Selloff / Stock-Markets / Stock Markets 2013
By: PhilStockWorld
Courtesy of Doug Short: World markets were in selloff mode before the US market opened. The had Nikkei plunged 2.63%, the Hang Seng 2.20% and the EURO STOXX 50 was down approximately 1.25%, the level it closed at a few hours later. The S&P 500 opened fractionally higher and rose to a narrow 3-point trading range that lasted from late morning until the final 30 minutes of the day. The 0.78% intraday high at 1 PM was essentially reduced by half at the close bell, a gain for the day of 0.38%.
Wednesday, August 21, 2013
Stocks Sell of Begins as U.S. Bonds TLT Consolidates / Stock-Markets / Stock Markets 2013
By: Anthony_Cherniawski
TLT/USB appears to have reached its Minor Wave 5 low and is due for a bounce back to the neckline of its Head & Shoulders formation. I was wrong in declaring that TNX/TYX would continue to rally through September 3. It now appears that yields will consolidate/correct through that date and resume their rise after the consolidation ends. At the moment, I don’t expect the rally to go beyond the neckline shown on the chart. There appears to be too much resistance at the 105.00 level. We’re only talking about a 9-day rally if it wraps up by September 3.
Tuesday, August 20, 2013
Stock Market Three Peaks and a Domed House; the Tri-Day Method / Stock-Markets / Stock Markets 2013
By: Ed_Carlson
The work of George Lindsay is predominately concerned with timing turns in the market but he did have at least one method of forecasting price. Specifically, forecasting bear market lows following 3PDh formations. He called this approach the Tri-Day Method and explained it in a series of five supplements to his newsletter from May to September 1959.
Tuesday, August 20, 2013
Stock Market Flash Crash Alert / Stock-Markets / Stock Markets 2013
By: Anthony_Cherniawski
SPX has officially crossed its 50-day moving average. Usually Flash Crashes occur after the 50-day is retested from beneath and turns down. A minimal Flash Crash would likely take SPX down to the lower trendline of the weekly Ending Diagonal. From there, SPX may bounce back to mid-Cycle support/resistance at 1567.80. This could be a busy week.
Tuesday, August 20, 2013
Stock Market Intermediate Decline? / Stock-Markets / Stock Markets 2013
By: Andre_Gratian
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 19, 2013
Stock Market Correction Likely Underway / Stock-Markets / Stock Markets 2013
By: Tony_Caldaro
The market gapped down at the open on Monday to SPX 1681, rallied back to 1697 by Tuesday, then headed south for the rest of the week hitting 1653 on Friday. It does appear Major wave 4 has been underway since SPX 1710 as expected. For the week the SPX/DOW were -2.15%, the NDX/NAZ were -1.50%, and the DJ World index lost 1.0%. On the economic front reports were mixed: six rising, six declining and four unchanged. On the uptick: retail sales, the CPI, NAHB housing, housing starts, building permits and the weekly jobless claims improved. On the downtick: consumer sentiment, the WLEI, import prices, the NY/Philly FED, and the budget deficit increased. Industrial production, the PPI, business inventories and export prices were all unchanged. Are things beginning to slow down? Next week we get the FOMC minutes, and reports on housing and the leading indicators.
Monday, August 19, 2013
U.S. Stock Markets Still Remaining Bullish / Stock-Markets / Stock Markets 2013
By: Donald_W_Dony
Though most of the world's stock indexes have been trading flat over the last 12 months, the S&P 500 has continued to advance with little more than a minor pullback. The rationale for this bullish tone maybe questioned, but there is no denying the fact that the U.S. index is still in a strong bullish trend.
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Monday, August 19, 2013
New Dow High as Another Stocks Bear Market Goes Up in Smoke / News_Letter / Stock Markets 2013
By: NewsLetter
The Market Oracle NewsletterJuly 12th , 2013 Issue # 14 Vol. 7
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Friday, August 16, 2013
Will S&P 1,650 Offer Stock Market Buying Support? / Stock-Markets / Stock Markets 2013
By: J_W_Jones
In my most recent article, I discussed how I was expecting U.S. financial markets to reverse to the downside in the near future. I illustrated the various divergences in a variety of underlying technical indicators which have issued warnings in the past.
Friday, August 16, 2013
Why the Dow Fell 225 Points / Stock-Markets / Stock Markets 2013
By: Money_Morning
Diane Alter writes: The stock market today killed the idea of "turnaround Thursdays"...
The Dow fell 225.39 points Thursday, one day after the benchmark fell 113 points, its first triple-digit decline since June 28. With Thursday's drop, the Dow hit its first back-to-back triple-digit decline since June 19-20, when it plummeted nearly 560 points over the two days.
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Thursday, August 15, 2013
Stock Market Bloodbath Coming? / Stock-Markets / Stock Markets 2013
By: Anthony_Cherniawski
Just letting you know that the SPX may be nearing the top of its bounce. I fully expect to see the market “let go” by noon today, trapping the majority of hedge funds massively leveraged long. Notice there are no supports beneath the 50-day.
In fact, the next supports are at 1548.00 (the 200-day moving average) and 1565.00 (daily mid-Cycle support). This could trigger the next Broadening Wedge formation at 1585.00 with a target of 1260.00.
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Thursday, August 15, 2013
When Stock Market Synchronicities Collide - Red Alert? / Stock-Markets / Stock Markets 2013
By: Submissions
Patricia Chew writes:Let’s start with “The October Effect”; it is the theory that stocks tend to decline during the month of October. Obviously it doesn’t happen every October so the theory doesn’t stack up against the statistics and, mainstream investment analysts consider it to be a psychological event rather than an actual phenomenon.
Wednesday, August 14, 2013
Rampant Stock Market Manipulation / Stock-Markets / Stock Markets 2013
By: PhilStockWorld
We're right on that line again.
1,688 on the S&P is a 1.25% retrace off the top and, failing to hold that, we're looking at another 1.25% drop to 1,667 and below that, we're back at 1,645, 1,622 and back to 1,600, which is our Must Hold line for this bull run to sustain itself.
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