Category: Stock Markets 2013
The analysis published under this category are as follows.Wednesday, March 20, 2013
Should Stock Market Investors Still Trust the Dow Theory as a "Buy" Signal? / Stock-Markets / Stock Markets 2013
Ben Gersten writes: Richard Russell - godfather of financial newsletters, author, Dow Theory expert and longtime bear - just turned bullish.
One reason for his conversion: the Dow Theory, which is said to have formed the basis for all modern technical analysis through its definition of a trend and its reliance on studying price action.
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Tuesday, March 19, 2013
Greenspan Says No “Irrational Exuberance” for Stocks. But Wasn’t He Wrong Last Time? / Stock-Markets / Stock Markets 2013
George Leong writes: The market appears to have another bull leg, with the Dow closing higher in 10 straight sessions, setting multiple record-highs in the process.
With the advance, there are now questions regarding the sustainability with arguments on both sides. Even former Federal Reserve Chairman Alan Greenspan went on CNBC and suggested the stock market did not show “irrational exuberance,” saying stocks were cheap. (Source: Belvedere, M.J., “Greenspan: No ‘Irrational Exuberance’ in Stocks Now,” CNBC, March 15, 2013.) There have been others also supporting the bull case, yet some pundits have also come out and suggested the market is set for a downfall.
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Tuesday, March 19, 2013
Greece Gives A Little Excuse To Sell.... / Stock-Markets / Stock Markets 2013
So we finally got some news that would help the market take a deeper plunge. Well, not exactly a deep plunge, but the early futures last night suggested we may see some blood on the streets today, the futures down 140 points on the Dow, nearly 40 on the Nasdaq, and 20 on the S&P 500. We had the makings of something to help us really unwind those overbought oscillators on the daily, weekly, and monthly index charts. The futures recovered a little bit pre-market, but we were down approximately one hundred points early in the day with the Nasdaq down over 1%. Now the question became, once the retail crowd bought up the early dip as usual, would the market head down late in the day? The answer was yes and no.
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Monday, March 18, 2013
Cyprus in Focus, Stock Market Gap Down / Stock-Markets / Stock Markets 2013
SPX is set to gap down for the frist time since October 6, 2008. It is currently hovering between 1530 (ES) and 1543 (ES). This is roughly between 1536.00 and 1550.00 in the cash index. It appears to have made a wave 1 low and wave 2 bounce that may already be finished.
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Sunday, March 17, 2013
Stock Market Uptrend Looks Toppy / Stock-Markets / Stock Markets 2013
Another week another bull market high, and the entire range for the week was only about 1%: (SPX 1547-1564). For the week the SPX/DOW gained 0.7%, but the NDX/NAZ were mixed. Asian markets lost 0.7%, European market gained 0.3%, and the DJ World index gained 0.7%. On the economic front, positive reports overwhelmed negative reports. On the uptick: retail sales, export/import prices, business inventories, the CPI/PPI, industrial production, capacity utilization, the NY FED, and the WLEI, plus the budget deficit and weekly jobless claims improved. On the downtick: consumer sentiment and the current account deficit. Next week is FOMC week, and we get a look at housing, plus leading indicators. Best to your week!
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Saturday, March 16, 2013
Stock Market Moving Right Along....Weekly Charts Strong..... / Stock-Markets / Stock Markets 2013
I know it must seem impossible to many of you. In fact, it must seem impossible to the masses. But there is nothing bearish on those weekly candle sticks other than overbought, and we all know by now that overbought unto itself is not a sell signal. It tells us to be extremely careful, but overbought is not the same as distribution volume at tops. It's not the same as good news being sold, and it's not the same as nasty negative divergences.
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Saturday, March 16, 2013
Stock Market Investors Remain Invested But Alert! / Stock-Markets / Stock Markets 2013
As the old investing maxim goes ‘the trend is your friend – until it ends’.
The trend of this year’s winter rally has been okay so far. The Dow has gained 15.9% since its November 15 low. Last winter the Dow gained 24.6% from the previous October until the favorable season ended May 1.
Thursday, March 14, 2013
The Greatest Disconnect Between Stock Market and Economy Biggest I’ve Ever Seen / Stock-Markets / Stock Markets 2013
Michael Lombardi writes: By looking at the stock market’s recent performance, one might think the U.S. economy has turned the corner and the worst is behind us. This is far from reality! The U.S. economy is fundamentally damaged, and since the financial crisis of 2008–2009, there really hasn’t been any real economic growth.
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Thursday, March 14, 2013
Five Reasons the Dow's New Highs are "Bull-o-ney" and What to Do About It / Stock-Markets / Stock Markets 2013
Keith Fitz-Gerald writes: While many investors want to celebrate the Dow hitting seven straight new all-time highs, things are not exactly as they appear.
Today I want to talk about why the hoopla surrounding the Dow is misplaced and what that means for your money. Then, I want to offer a few thoughts on what's next for the markets.
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Thursday, March 14, 2013
Stock Market Trend Forecast Hot Sector ETF’s / Stock-Markets / Stock Markets 2013
Trading with the trend should be your main focus for long term success no matter what type of trader you are (Options Trader, Stock Trader, or ETF Trader) although it’s not as easy as it sounds.The good news is that there is a simple trading model that removes 95% of trading analysis and greatly reduces trading related emotions because the key technical analysis rules based on one of the world’s best chart technicians (John Murphy) technical analysis methods have been applied to the chart automatically. The key is to identify the trend of the market. Once that is known you can focus on trading strategies that take advantage of the current trend.
Wednesday, March 13, 2013
How to Make 13.2% in the Next Bear Market / Stock-Markets / Stock Markets 2013
Marc Lichtenfeld writes: This week I’m in St. Petersburg, FL speaking at the 15th Annual Investment U Conference. I love attending the conference every year and seeing the other speakers present their ideas for the best ways to make money in the markets.
What I especially appreciate is that most of the speakers’ ideas are simple. No one is there peddling annuities or products with complex structures. Alexander Green talks about owning great companies. Steve McDonald shows investors how to buy bonds at a discount. The ideas are easy to follow and you don’t have to get into all kinds of crazy strategies to make good money with your investments, particularly over the long term.
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Wednesday, March 13, 2013
New Stock Market Dot Com Bombs / Stock-Markets / Stock Markets 2013
Mitchell Clark writes: When stocks are hot, you can make money in initial public offerings (IPOs). Wall Street had a phrase representing the so-called confidentiality between corporate finance departments and research—the “Chinese Wall.” In practice, the Chinese Wall was a joke; it should’ve been the “Chinese Fall.”
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Tuesday, March 12, 2013
What Does The DOW At New All Time Highs Really Mean? / Stock-Markets / Stock Markets 2013
Yesterday the DOW rallied 50 points to close at an all time high at 14447. What does this mean?
Well for one thing it means that the stock market naysayers have been proven wrong and man oh man there have been a lot of them. I don't want to name names here, because some of them might take it as a personal attack if I do, but there are a lot of experts with egg on their face right now.
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Tuesday, March 12, 2013
Stock Market MAP Wave Analysis / Stock-Markets / Stock Markets 2013
In How German DAX on 3 Dec Confirmed a long term bull market MAP Wave Analysis confirmed that we were indeed in a long term bull market and those that registered have had regular updates to help guide you through.
With the Dow and Russell at all time highs, the SPX will challenge its all time highs this week. Failure this week will be confirmed before the end of April. That only leaves the Composite lagging in that field. However the Composite led the way of post 2000 highs after its dramatic correction, leading to the conclusion that 2000 was a yearly peak, but as there is not sufficient data to verify this we will not know for some time to come!
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Tuesday, March 12, 2013
Stock Market Stable....... / Stock-Markets / Stock Markets 2013
It's hard to believe it's stable, but that's what the market is doing, and showing the ability, for now, to fight through all the negatives that abound for owning stocks short-term. The strong negative divergences alone are reason enough to pull this market down hard. Add in overbought daily, weekly, and almost monthly charts and the bears have little to no excuses left. These types of set-ups often cause market turmoil that allows fear to shoot up in a big way. Instead, the VIX is falling to new lows. With so much going for the market fundamentally, such as Mr. Bernanke adding liquidity and keeping rates low, it's finding a way to hang in tough.
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Monday, March 11, 2013
S&P 500 Just 0.57% Below Its All-Time High / Stock-Markets / Stock Markets 2013
Courtesy of Doug Short writes: With no economic news to juice the market (or scare it), the S&P 500 probably took its opening cue from the eurozone, where most of the indexes churned in the shallow red. The 500 opened lower and hit its intraday low, off 0.25%, in the first 15 minutes of trading. But by late morning it emerged into the green and closed the day with a gain of 0.32%, five basis points off its intraday high. The index clearly has an eye on its cousin the Dow, which keeps setting new all-time highs. The S&P 500 is fractionally less than nine points, make that 0.57%, from its all-time high. Will tomorrow see a new S&P 500 record?
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Monday, March 11, 2013
SPX Stock Market Top Complete? / Stock-Markets / Stock Markets 2013
For the past several weeks I have been puzzling over the zigzag rally from the February 19 low. This new low puts the last missing piece of the puzzle in place.
It also clears up the cycle pattern for the VIX, since February 19 made for a difficult Master Cycle low, while a low this week makes far more sense. I am not yet sure that this is the MC low, but there is a Cycle Pivot says that the VIX is in a turn window.
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Sunday, March 10, 2013
Stock Market Final Push into Rally Top / Stock-Markets / Stock Markets 2013
Current position of the market
SPX: Very Long-term trend – The very-long-term cycles are down and, if they make their lows when expected (after this bull market is over) there will be another steep and prolonged decline into late 2014. However, the severe correction of 2007-2009 may have curtailed the full downward pressure potential of the 120-yr cycle.
Intermediate trend – The uptrend from 1343 may have a little farther to go before topping.
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Saturday, March 09, 2013
Stock Market Uptrend Nearing High / Stock-Markets / Stock Markets 2013
Just when the negatives started to build the US market ignored it all and continued the uptrend. The SPX made a new bull market high, and the DOW, the DOW made a new all time high. This was quite amazing, as at the time 70% of the world’s indices were in downtrends. For the week the SPX/DOW gained 2.20%, and the NDX/NAZ gained 2.25%. Asian markets gained 2.3%, European markets gained 2.5%, and the DJ World index gained 1.8%. On the economic front positive reports continued to outpace negative reports. On the uptick: ISM services, the ADP index, consumer credit, the payrolls report, wholesales inventories, the monetary base, long term investor sentiment, and both the weekly jobless claims and the unemployment rate improved. On the downtick: factory orders, the trade deficit and the WLEI. Next week, options expiration week, we get retail sales, industrial production, and the CPI/PPI. Best to your week!
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Saturday, March 09, 2013
Stock Market's Flat, Having Entered Period of Confluence / Stock-Markets / Stock Markets 2013
For the week ending March 8, 2013, the SPX was up 2.2%, the Russell small caps were up 3.0% and the COMP was up 2.4%.
All indices which had triggered short last week, were stopped out on Tuesday after stops were violated. The model has now entered a period of confluence with no trend yet determined. On an intermediate term basis, the trend remains up as the model triggered a long swing trade on Tuesday but this is viewed purely as a trade, not the start of a new trend. Only until support is tested and held would a long signal be triggered. Failure to hold support will then set up a test of short trigger levels.
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