Category: Stock Markets 2013
The analysis published under this category are as follows.Sunday, April 21, 2013
Stock Market Long View / Stock-Markets / Stock Markets 2013
Fear has returned to the market. On Monday, stocks suffered their biggest one-day drop since November. Volatility spiked.
At a time like this, the average investor needs to take a breath, calm down, and consider the "long view" on what's happening...
Saturday, April 20, 2013
What European Stock Markets Telling Us About the State of the Eurozone Crisis / Stock-Markets / Stock Markets 2013
If you happened to simply glance over the headlines in the financial media over the last few months, you’d think the European Crisis was over.
In November, no less than France’s Prime Minister, Spain’s Prime Minister, and even Germany’s Finance Minister suggested that the worst is over for the Euro Crisis or that the Crisis as a whole was over completely.
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Saturday, April 20, 2013
Stock Market Some Unwinding...Earnings Poor....Caution The Word.... / Stock-Markets / Stock Markets 2013
This was a week for the bears. They were able to take all of the key index charts and bring them down with a little bit of force. The indexes were down roughly 2.5% on average, somewhere between 2% and 3.5% depending on where you look. The market had grinded for many weeks and then a few days came with some decent selling which basically took out the gains from those previous weeks. When market fall they usually fall pretty fast and can remove many weeks of prior gains in a very short time span. Today was maybe the most interesting day of the week in that the market was bifurcated in reverse from what we're used to seeing. The market has been better for the bulls the past few months when they concentrated their efforts on the Dow and S&P 500 stocks but especially the Dow stocks. Lower P/E and lower beta stocks with dividends have led the way.
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Friday, April 19, 2013
Can Stock Market Continue to Rally Without the U.S. Economy? / Stock-Markets / Stock Markets 2013
Shah Gilani writes: We haven't stepped into the Twilight Zone, but it certainly seems that way when stocks are hitting historic highs yet the economy is still so weak that the Federal Reserve is printing money like a Third World nation.
It has the makings of a great prize fight between the largest market in the world and the largest economy in the world.
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Friday, April 19, 2013
Stock Market in Correction Mode / Stock-Markets / Stock Markets 2013
According to our methodology, Wall Street is currently in ‘correction mode’ and additional near-term selling pressure cannot be ruled out. At this stage, nobody can predict the duration or depth of the ongoing stock market correction. However, until a new uptrend emerges, caution is warranted and investors should not allocate fresh capital to common stocks.
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Thursday, April 18, 2013
Why Plunging Commodity Prices Are Great for the Stock Market / Stock-Markets / Stock Markets 2013
Mitchell Clark writes: The big drop in the value of many commodities is very good news for this stock market.
All of a sudden, raw materials are cheaper in price. This is going to translate right to the bottom line of many corporations.
And one of the best developments is the weaker price of oil. Big oil stocks have done consistently well in the stock market, but smaller corporations have struggled due to the fact that the spot price has not been able to move much past the $95.00-per-barrel level. Now that spot oil is below $90.00 a barrel, transportation stocks are really going to benefit.
Monday, April 15, 2013
Stock Market Fractured Extension - Getting Close to Intermediate Top / 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 - The uptrend from 1343 appears to be topping. Russell lagging.
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Sunday, April 14, 2013
Stock Market Uptrend Continues / Stock-Markets / Stock Markets 2013
The five month Intermediate iii of Major 3 of Primary III uptrend continued its relentless ways this week, carrying the SPX to all time new highs. For the week the SPX/DOW were +2.20%, and the NDX/NAZ were +2.95%. Asian markets gained 1.1%, European markets soared 4.3%, and the DJ World index gained 2.5%. Economic reports, however, were mostly to the downside for the first time in many weeks. On the uptick: business inventories, the M1 multiplier, plus both weekly jobless claims and the budget deficit improved. On the downtick: wholesale inventories, export/import prices, retail sales, the PPI, consumer sentiment and the WLEI declined. Next week we get a look at Industrial production, Housing, the NY/Philly FED, the CPI and the FED’s Beige book.
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Saturday, April 13, 2013
Stock Market Little Selling.... Commodities Crushed.....Again.... / Stock-Markets / Stock Markets 2013
If you want to try to understand on a deeper level what it means to have a disconnect just look at the behavior of the commodity stocks. If the world was really in good shape, and we had real growth everywhere, then these stocks would be on fire to the upside. They are acting as if there's major deflation going on. And in the real world we do have deflation. Mr. Bernanke's liquidity supply is keeping the market up, but that's not the real world folks. It's so hard to wrap your head around the bigger-picture market action when you consider that things really are in bad shape globally, especially throughout Europe. We have had a plethora of terrible reports over the past two weeks. Again, let's go over all of them.
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Thursday, April 11, 2013
Stock Market Getting Deep Into Euphoria Phase, Looking for the Top / Stock-Markets / Stock Markets 2013
We are now at the point in the bull market where traders think that stocks are bullet proof. Back in December I warned this was coming. I said at the time that this round of QE was going to be different. That it would have a much bigger effect on the market than the analysts were expecting. I remember at the time analysts were claiming each round of QE was having less and less effect.
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Wednesday, April 10, 2013
Stock Market SPX Final Thrust Higher / Stock-Markets / Stock Markets 2013
Several EW analysts have taken a stab at labeling the wave structure on the SPX. Every one has completely missed the Broadening Top structure. As a result, they are mis-labeling the waves, IMO. Broadening Tops are known to be completely populated with corrective, a-b-c waves. That is still so, especially in the final thrust, which I have labeled.
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Tuesday, April 09, 2013
Stock Market Head and Shoulders Pattern Top / Stock-Markets / Stock Markets 2013
SPX extended a bit more than I had anticipated, but my “irregular correction” label stuck.
SPX now has a small Head & Shoulders formation with a Minimum target of 1505.34. That may just be a start, IMO. The February low was 1485.01 and the SPX may be more apt to match that low. This may set up a new Head & Shoulders patterm with a target of 1390 or lower.
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Tuesday, April 09, 2013
Stock Market From Hollow To Green..... / Stock-Markets / Stock Markets 2013
Friday was the big opportunity the bears had been waiting for, really nasty employment data to go along with a huge gap down. There it was. All for the taking. Seize the day you bears! No dice. They seized nothing. They let it get away. They had their knee on the throats of those bulls but let them up again. Give the bears credit though. They tried again today. The futures were up nice early but gave way as the morning wore on pre market. We opened a drop higher but it took only moments for the market to sell across the board. It started to look as if the bears were about to laugh their way to head fake from Friday, but, once again, it didn't last in terms of the selling.
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Monday, April 08, 2013
Will there be Stock Market Shock and Awe this Week? / Stock-Markets / Stock Markets 2013
Those of you who followed me on YorbaTV on Thursday have a leg-up on what’s happening. On Friday, we broke the daily Ending Diagonal pattern with an immediate target of 1343.35 (November 16 low). In fact, my Cycles Model also agrees by suggesting an initial low near Cycle Bottom support at 1333.74. Things could start speeding up from here.
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Monday, April 08, 2013
Stock Market Top Formation in Place / 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 - The uptrend from 1343 appears to have topped
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Sunday, April 07, 2013
Stock Market S&P Bear Calls Have ALL Missed / Stock-Markets / Stock Markets 2013
Salivating Bears have been calling for a market top for over 4 years, now, and none have been right. The sentiment is understood but misplaced. This goes to show how markets are not predictable, but people are. So many want to exercise the FILO inventory premise: First In Last Out. It is so difficult to check egos at the door for there is a huge difference in being right and being profitable.
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Sunday, April 07, 2013
Sign That a Stock Market Boom Is Headed Our Way / Stock-Markets / Stock Markets 2013
Dr. David Eifrig writes: Last week, I showed you a handful of charts that dispel a common misconception... one that is keeping thousands of retirees up at night.
I dispelled the idea that the U.S. economy is running off the rails... that we are in a recession, or worse, a depression.
Sunday, April 07, 2013
These Insiders Are Fleeing the Stock Market… Should You Too? / Stock-Markets / Stock Markets 2013
Alexander Green writes: The financial media is full of scary new reports indicating investors should cut back on stocks or flee the market altogether. The reason? SEC data show a high ratio of insider selling.
I’ve been following insider activity in the stock market for decades, and while officers and directors are the epitome of “smart money,” the mainstream media – as usual – is painting an incomplete picture.
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Saturday, April 06, 2013
Stock Market Downtrend Likely Underway / Stock-Markets / Stock Markets 2013
An interesting week to say the least. Despite making new uptrend highs at SPX 1574 on Tuesday, then plunging to 1540 by Friday, many pundits are still guessing the direction of this market medium term. For the week the SPX/DOW were -0.55%, and the NDX/NAZ were -1.50%. Asian markets lost 1.1%, European markets lost 2.1%, and the DJ World index lost 1.3%. On the economic front, despite the disappointing Jobs report, the week ended with positive reports slightly ahead. On the uptick: construction spending, factory orders, auto sales, consumer credit, the monetary base, and both the unemployment rate and trade deficit improved. On the downtick: ISM manufacturing/services, the ADP index, monthly payrolls, the WLEI and weekly jobless claims rose. Next week we get to read the FOMC minutes, and receive reports on retail sales and consumer sentiment.
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Saturday, April 06, 2013
Stock Market Big Gap Down But NO Follow Through....Hollows Abound..... / Stock-Markets / Stock Markets 2013
The bears finally got the news they so sorely needed. The market wasn't ready for another disappointment regarding economic slowing, but the number on the Jobs Report was quite poor. 88,000 jobs created instead of the 200,000 that was expected. The futures weren't very happy in front of the report and certainly wasn't happy after it. The futures fell hard allowing for a large gap down open. The real question once the large gap down occurred was whether the market would have a day that saw the gap and run lower, or would it be gap and reverse some, allowing for hollow red candles.
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