Category: Stock Markets 2013
The analysis published under this category are as follows.
Thursday, July 18, 2013
Stock Market Waiting for the Fools on Capital Hill / Stock-Markets / Stock Markets 2013
By: PhilStockWorld
Day after day,
Alone on a hill,
The man with the foolish grin is keeping perfectly still
But nobody wants to know him,
They can see that he's just a fool,
And he never gives an answer
Thursday, July 18, 2013
Stock Market Huge Night Ahead....And Tomorrow As Well... / Stock-Markets / Stock Markets 2013
By: Jack_Steiman
Why are they huge? It's earnings season and the season is huge this year as the market is at lofty levels. If those earnings can't carry the day then the market is vulnerable to a large pullback over the next several weeks. It just needs a catalyst to sell. That catalyst won't come from the Fed so the bears must look elsewhere to find a reason to get more aggressive. The only reason I can think of, other than a disaster I can't wrap my mind around, is earnings. Tonight we have lots of very important stocks. Leaders if you will.
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Wednesday, July 17, 2013
Stock Market Melt-Up Pauses in Advance of Bernanke’s Testimony / Stock-Markets / Stock Markets 2013
By: PhilStockWorld
Courtesy of Doug Short: Pre-market futures pointed to a fractionally higher open, and that’s what we got. The S&P 500 hit its 0.07% intraday high during the first minute of trading and sold off in a couple of waves to its -0.63 intraday low in the early afternoon. The trade then oscillated in a five point range to a trimmed loss of 0.37% for the day, thus terminating an eight-day streak.
Wednesday, July 17, 2013
New Stock Market Head and Shoulders Pattern / Stock-Markets / Stock Markets 2013
By: Anthony_Cherniawski
SPX made its first impulse down and the correction appears complete at the 38.2% retracement. What would be interesting is what happens at the open tomorrow. Given that this decline hasn’t a lot of time, I think it may pack a lot of punch right from the start. It took two days for the SPX to rally from 1671.00 to the top and only one day for it to retrace that move.
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Tuesday, July 16, 2013
Stock Market Tops as the Wedges are Broken / Stock-Markets / Stock Markets 2013
By: Anthony_Cherniawski
SPX crossed its lower trendline, as suggested, and is beginning to impulse down. There’s no support until it declines to its 50-day moving average at 1635.59. The cluster of supports are tightly positioned and it may take one attempt to break through, as opposed to the supports being widely spaced, forcing a stair-step decline.
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Tuesday, July 16, 2013
Don’t Make the Same Mistake Other Stock Investors Are / Stock-Markets / Stock Markets 2013
By: InvestmentContrarian
Sasha Cekerevac wries: One of the most common problems new investors face is learning that at certain points in an economic cycle, bad news can be seen as good news.
The recent speech by the Federal Reserve chairman Ben Bernanke regarding monetary policy was seen as bullish for investor sentiment, even though he indicated that because the economic recovery in the U.S. is still stagnant, his current monetary policy would need to remain in effect for a longer period of time until the economic recovery gained momentum.
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Tuesday, July 16, 2013
Stock Market Staying Overbought... For Now... / Stock-Markets / Stock Markets 2013
By: Jack_Steiman
This is a market that doesn't want to let go of overbought it seems. Some indexes, such as the Nasdaq, are overbought on multiple time frames. Everything from violently so on the sixty-minute charts to plain old overbought on the daily, weekly, and monthly charts. The S&P 500 is not as overbought on all the key time frames, but it is within a hair of being so. In other words, risk is much higher now for a decent pullback of some type. You never know when it's going to kick in. No one does in a bull market, but the risk is so much higher now with regards to buying new long positions. They can work but the risk is getting very lofty so be careful with your exposure for now. Thing will set up better again in time, so exercise patience, even if we move up further first.
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Monday, July 15, 2013
Bernanke Creates a $4 Trillion a Day Ticking Time Bomb / Stock-Markets / Stock Markets 2013
By: Graham_Summers
The entire move last week was the result of Ben Bernanke waffling about when to taper QE (if ever).
The Fed hinted at tapering QE a mere two months ago. We now know that half of the Fed’s Board of Governors want QE tapered or even stopped entirely by the end of the year.
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Monday, July 15, 2013
Stock Market Rally Time for a Pause? / 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 continues to progress according to its structure. After a brief consolidation, the bull market has resumed its uptrend and has already caused new highs in the leading indices.
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Sunday, July 14, 2013
Stock Market Rally on Steroids / Stock-Markets / Stock Markets 2013
By: PhilStockWorld
Courtesy of Doug Short writes: The global rally for my featured group of eight indexes has entered its third consecutive week, and all eight posted gains, something that had happened only twice previously in 2013. Germany’s DAXK was by far the top performer with a 5.21% gain. In distant second, the S&P 500 rose 2.96%. At two decimal places France’s CAC 40 nosed out the UK’s FTSE 100 for third: 2.70% versus 2.66%. After three weeks as the top performer, Japan’s Nikkei came in last but with a respectable 1.37% gain. In fact, year-to-date, the weekly average of the eight indexes at 2.61% is second only to the 2.75% weekly average on the first Friday of 2013 (which carries the asterisk of having begun on the last day of 2012).
Sunday, July 14, 2013
Stock Market Uptrend Continues / Stock-Markets / Stock Markets 2013
By: Tony_Caldaro
The market started the week just as it has left off last Friday, with a gap up opening. There were three gap up openings during this week, and two unchanged openings. The net result: SPX/DOW +2.60%, and the NDX/NAZ were +3.65%. Foreign markets fared well: Asia +1.9%, Europe +1.3%, and the DJ World index gained 3.4%. On the economic front negative reports outpaced positive ones for the first time in a while. On the downtick: wholesale inventories, export/import prices, consumer sentiment, the WLEI and weekly jobless claims rose. On the uptick: consumer credit, the PPI, the Treasury budget and the monetary base. Next week we get reports on Industrial production, the Philly/NY FED, Retail sales, Housing and the FED’s Beige book.
Saturday, July 13, 2013
Another Stock Market All-Time High / Stock-Markets / Stock Markets 2013
By: PhilStockWorld
Courtesy of Doug Short.The S&P 500 traded in a narrow range through most of the session but rallied in the final 30 minutes to close at its intraday high, up 0.31% for the day and 2.76% for the week. That’s the second best weekly performance of the year, bested only by the 4.57% weekly gain on the first Friday of 2013 (the Fiscal Cliff relief rally), although that week actually started in 2012, beginning on Monday, December 31.
Saturday, July 13, 2013
Keeps On Running.... Leader Warns... Stock Market Ignores.... / Stock-Markets / Stock Markets 2013
By: Jack_Steiman
The market is very due for a pullback. You can even make the argument that it's due for a real-selling episode. We have been very overbought for two days running, which is rare, on the sixty-minute short-term charts. 80 RSI, plus on the Nasdaq on those short-term charts, which is unusual. It looked like it was going to be a nasty selling day, but that was not the case. The market did try to sell once the huge warning hit pre-market from United Parcel Service, Inc. (UPS), a leader in the transportation world. They said things are terrible globally. The stock itself got slaughtered today and took other stocks related to it down.
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Friday, July 12, 2013
Bernanke Inspires a New Stock Market All-Time High / Stock-Markets / Stock Markets 2013
By: PhilStockWorld
Courtesy of Doug Short. Pre-market futures were on a tear, and today’s rise unemployment claims scarcely mattered. Today’s rally in US equities is universally attributed to Chairman Bernanke’s comments following his somewhat wonkish speech to economists in Cambridge, MA yesterday after the market closed. In response to a question, Bernanke said that “highly accommodative monetary policy for the foreseeable future is what’s needed.” That, along with similar dovish remarks, triggered a rise in equity futures and a cliff-dive in US Dollar futures.
Friday, July 12, 2013
New Dow High as Another Stocks Bear Market Goes Up in Smoke / Stock-Markets / Stock Markets 2013
By: Nadeem_Walayat
Dow Jones surges to a new all time closing high of 15,460.92 as many market commentators literally never learn! And there is a reason for this.
Bull markets do one thing, and one thing only, they resolve to NEW bull market highs, as that is what ultimately defines what a bull market is, and so the market that I have traded for near 30 years, the DJIA stock index has once more resolved to a new bull market ALL Time High.
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Thursday, July 11, 2013
Bernanke Boosts Stock Markets, Bashes U.S. Dollar / Stock-Markets / Stock Markets 2013
By: PhilStockWorld
Hallelujah!!!
And He shall print for ever and ever. That's right kids, Uncle Ben came to the rescue last night with his most doveish speech of the year (and the competition was fierce!). We went over the Fed Minutes (well, half of them, they were long!) in yesterday's chat (tweeted here) but all that analysis was thrown out the window when Bernanke said: "Both sides of our mandate are saying we need to be MORE accommodative."
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Thursday, July 11, 2013
Your Best Strategy for Playing the QE Stock Market Rally / Stock-Markets / Stock Markets 2013
By: Money_Morning
Martin Hutchinson writes: Don't worry. The bubble "Quantitative Easing" has built is still intact. For now.
However, even though there's breathing room, don't think it's time to breathe easy. There will be Hell to pay, just not now.
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Thursday, July 11, 2013
Fed Speaks After Hours... Stock Market Looking To Correct A Bit?.....Nothing Bearish.... / Stock-Markets / Stock Markets 2013
By: Jack_Steiman
That may be the truth of things as the market seems to be churning around the resistance level of 1654/1656. Markets, if overbought on the short-term charts, will struggle at a particular resistance level. This will allow the short term oscillators to unwind which will provide more energy for another move and test back up. If the oscillators unwind enough without too much price erosion, the market will likely make it through that resistance level in time.
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Wednesday, July 10, 2013
Stock Market Rally Eight Gains in Ten Sessions / Stock-Markets / Stock Markets 2013
By: PhilStockWorld
Courtesy of Doug Short. Premarket futures were positive and the S&P 500 opened at its intraday low, up 0.15% from Monday’s close, surged for a couple of minutes but gave back much of the gain by the end of the first hour of trading. Rally mode then resumed, and the index rose to its 0.84% intraday high in the final 30 minutes of trading. It closed off its high with a gain of 0.72%, stretching the latest rally to four consecutive days and eight positive closes out of the last ten sessions.
Wednesday, July 10, 2013
Stock Market Bad Omens / Stock-Markets / Stock Markets 2013
By: John_Mauldin
We have clearly been in a recent run of higher interest rates, with a looming "threat" that there might be less quantitative easing before the end of the year. It would appear now that Bernanke wants to leave his successor to implement what everyone knows must be coming at some point: a return to a normal interest-rate environment. While rising interest rates are bad for me personally (for another four months), a return to normalcy would be good for our future – though the transition is likely to be bumpy.