Category: Stock Markets 2013
The analysis published under this category are as follows.Friday, February 15, 2013
Global Stock Markets, Economies Mired in Early Stages of Biggest Disaster Ever / Stock-Markets / Stock Markets 2013
The following is a sample from Elliott Wave International's new 40-page report, The State of the Global Markets -- 2013 Edition: The Most Important Investment Report You'll Read This Year. This article was originally published in Robert Prechter's September 2012 Elliott Wave Theorist.
Global markets and economies are mired in the early stages of the biggest disaster ever. Most people think both areas are in the early stages of a prolonged recovery, but in fact they are on the cusp of the second downturn, which will be of epic proportion. The world is in the grip of a bear market. You wouldn’t know it from watching the S&P and the NASDAQ, but just about every other major market average in the world has been falling, including those of China, Japan, Europe, the BRICs, emerging markets, and even the broad U.S. market, shown in the chart below. And these indexes have fallen far further in inflation-adjusted terms.
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Thursday, February 14, 2013
Stocks Stealth Bull Market Forecast 2013 Video / Stock-Markets / Stock Markets 2013
The stock market (DJIA) continues to gyrate around the psychologically important 14,000 level as it fights hard against resistance to break to a new all time high. Many investors having missed what amounts to a 4 year stocks stealth bull are wondering whether now is a good time to jump aboard or not.
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Thursday, February 14, 2013
One More Reason for Stock Market Investors to Be Cautious / Stock-Markets / Stock Markets 2013
Jeff Clark writes: There's no sense in being bearish this time of year.
Stocks have a strong seasonal tendency to move higher from January through April. Just look at the action over the past two years as proof. In 2011, the S&P 500 gained about 9% during the first four months of the year. Last year, it gained more than 6% over the same time frame.
Thursday, February 14, 2013
Stock Market Near Overbought Again....Not Yet At Bull-Bear Extremes / Stock-Markets / Stock Markets 2013
It was surprising and good to see the bull-bear spread actually pull in a drop this week. Bears stayed the same, but the bulls dropped a bit, which allowed the spread to pull back 1% to 31.5% more bulls than bears. Maybe it doesn't seem significant, but it is good to see the sentiment dry up a bit, or else we would have hit that first magical red-flag level of 35%. It's not a sell signal at 35%, as it takes 40% to get that to kick in, but it's never good once you get to 35%. At 31.5%, however, you can still see quite a decent pullback, especially since many of the major-index daily charts are flirting once again with 70 RSI's. The mid-caps actually got decently above 70 RSI, while the rest are in the mid-to-upper 60's on average.
Thursday, February 14, 2013
Stock Market Boldly Going Where It Hasn’t Gone Before! / Stock-Markets / Stock Markets 2013
Doug Short writes: The phrase “To boldly go where no man has gone before” was made popular by the Star Trek series back in 1966 (wisely ignoring the priggish rule against split infinitives).
The Wilshire 5000 is taking investors where they have never gone before, as it breaks into all-time high territory at (1) in the chart below.
Thursday, February 14, 2013
Higher Levels Expected for Bond Yields and the Stock Market / Stock-Markets / Stock Markets 2013
Over the last decade, US Treasury Bond yields have generally moved with the S&P 500. That connection appears to have tighten over the last 12 months. And as the outlook for the US equity index is for higher levels in 2013, so is the forecast for bond yields.
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Wednesday, February 13, 2013
Gold Stocks vs the Stock Markets..Caution... / Stock-Markets / Stock Markets 2013
I like to use this chart when I want to know how the HUI is doing compared the the stock markets. It clearly shows that sometimes the HUI is outperforming the SPX in a big way and sometimes the SPX is outperforming the HUI, yellow shaded areas, and sometimes they move together. I would like to focus your attention to the right side of the chart that shows the blue shaded area. The blue shaded area shows how the HUI and the SPX has decoupled starting in November of 2012. How long this divergence goes on is anybodies guess. But it is what it is until it changes.
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Wednesday, February 13, 2013
Stock Market Final Surge higher / Stock-Markets / Stock Markets 2013
We may now have an estimate where SPX is finished with its final surge. Wave 1 equals wave 5 at 1523.37 (already achieved), while Wave [i] of 5 equals wave [v] of 5 at 1521.50. The Cycle Top resistance also acts as an attractor at 1523.96. We could easily see this final thrust finish in the next hour or so.
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Tuesday, February 12, 2013
Stock Market Monday Mini-Drama / Stock-Markets / Stock Markets 2013
Doug Short writes: The S&P 500 slipped at the open and spent the day in a narrow 0.31% range from its intraday low, 45-minutes into trading, to its intraday high eleven minutes before the close. And speaking of the close, that was the only inkling of interest in an otherwise dull day of trading. At 3 PM sharp the index launched a rally that broke above the opening price. Would we finish with gain? Alas, the rally fizzled in the final minutes, and the index closed with a fractional loss of 0.06%. Here is a 5-minute snapshot of today, highlighting the closing mini-drama.
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Tuesday, February 12, 2013
Stock Market Standing Still.... / Stock-Markets / Stock Markets 2013
We're all waiting to some degree for this market to take the big spill lower. It will happen soon. It's only a matter of time before sentiment and the repeated overbought conditions catch up to the market. The problem for everyone, bulls and bears alike, is the reality of not being able to time this eventual plunge to unwind the sentiment issues currently at hand. We're not at extremes yet, so timing it is virtually impossible. If you've tried to do so from a bearish perspective you have had some rough times lately.
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Monday, February 11, 2013
Fed Pressuring Investors to Buy Stocks / Stock-Markets / Stock Markets 2013
The average investor is worried and yet he doesn’t know why. The media tells him that things are getting better, and thus far he doesn’t feel like he’s sharing in the improvement. Somehow he’s missed the proverbial boat. Supposedly inflation is low and yet he never makes it to the end of the month with his paycheck. Through manipulation of the markets, the Fed is trying to create an atmosphere that allows for improvement in the economy. Yet it’s this very manipulation that seems to keep investors away from the markets. I know that because I look at the volume of shares traded. Friday’s volume was a measly 3.1 billion shares, an average morning in early 2009.
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Monday, February 11, 2013
Stocks Bull Markets Never Make it Easy / Stock-Markets / Stock Markets 2013
I see a lot of people lately agonizing over what we should have done. By that I mean it's obvious to all by now that the correct move was to buy stocks back in November instead of precious metals and miners. I mean seriously, it's obvious that liquidity was going to flow into every asset class except precious metals. Well it's obvious now in hindsight anyway.
Of course everyone has conveniently forgotten how tough it was coming out of that November low.
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Monday, February 11, 2013
Stock Markets Follow The Fed Brick Road / Stock-Markets / Stock Markets 2013
All we can do with the stock market indices is draw a few lines and then draw a few conclusions. It was easier with the SnP, but we had more words to add for the NAS. The stock market has been Fed-driven for the past few years as central planners have taken over, so we no longer see free markets, as more and more freedoms in other areas are being trampled over by puppet politicians.
Sometimes there is no need for any sophisticated computer models of myriad mechanical tools like MAs, RSIs, MACD, etc. All one need do is follow the obvious for as long as the obvious remains so. At least that is how central planners seem to work.
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Monday, February 11, 2013
Imminent Stock Market Correction Expected / 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. It is probable, however, that the severe correction of 2007-2009 will have curtailed the full downward pressure potential of the 120-yr cycle.
Intermediate trend - It is probable that the intermediate correction ended at 1398 and that a new uptrend is in progress which could carry a little further after a correction. However, it is also possible that we are putting an end to the move which started at 1343.
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Monday, February 11, 2013
Is This the Death Knell for the Stocks Bull Market? / Stock-Markets / Stock Markets 2013
Alexander Green writes: Well, it had to happen eventually. The average punter is finally returning to the stock market. (Or, as the little girl said in Poltergeist, “They’re baaa-aack.”)
We have more than just anecdotal evidence. TD Ameritrade, the Omaha-based online broker, registered an average 370,000 trades per day in January, up from 30,000 trades a day in December. And, according to data from TrimTabs Investment Research, investors funneled $55 billion into U.S. equity funds in January, the most ever for any month on record.
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Sunday, February 10, 2013
Stocks Stealth Bull Market Trend Forecast 2013 and Beyond / Stock-Markets / Stock Markets 2013
The Dow Jones stock market index last closed at 13,992, having traded to a new intra-day bull market high of 14,022 and is well within 200 points of the all time closing high of 14,164 set on 9th October 2007 which has left many investors who have missed what amounts to a 4 year bull market asking the question whether they should buy now or not?
In this 2nd of a two part series I will seek to conclude towards a detailed trend forecast for stock market for the whole of 2013 and into early 2014.
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Sunday, February 10, 2013
US Stock Market Uptrend Continues While Europe Weakens / Stock-Markets / Stock Markets 2013
A choppy but interesting week. The market had 1% swings several days this week, after it had remained in a 1% range for the entire previous week. In the end, new uptrend highs and the uptrend reached the OEW 1523 pivot range on friday. For the week the SPX/DOW were mixed, and the NDX/NAZ were +0.45%. Foreign markets did not do as well. The Asian markets were -0.3%, European markets were -1.3%, and the DJ World index was -0.4%. Economic reports for the week were light, but remained with a positive bias. On the uptick: factory orders, the monetary base and the WLEI, plus weekly jobless claims and the trade deficit improved. On the downtick: ISM services, consumer credit and wholesale inventories. Next week we get retail sales, industrial production and consumer sentiment.
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Sunday, February 10, 2013
Stock Markets Remain at Extreme Levels, Asset Class Correlations / Stock-Markets / Stock Markets 2013
For the week ending February 8, 2013, the SPX was up 0.3%, the Russell small caps were up 0.3% and the COMP was up 0.5%.
The only noticeable divergence within the indices remains the Nasdaq 100 which has failed to take out prior highs and has shown a clear loss of momentum. Technically it has violated model support and therefore is profiled as flat.
Small, mid and large cap indices remain in an uptrend as daily support has not failed though they are showing some loss of upside momentum. If you are long equity, stops that are recommend are roughly 1,500 on the S&P500, 902 on the Russell and 13,850 on the Dow.
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Sunday, February 10, 2013
Stock Market New Interim High / Stock-Markets / Stock Markets 2013
Doug Short writes: The S&P 500 charged from the opening gate, after having had an hour to consider the good news in today’s better than expected December Trade Balance report. The December improvement will likely lead to an upward revision to Q4 GDP in the Second Estimate. The index hit its intraday high about an hour after the open and then zigzagged in a narrow range to a closing gain of 0.57%, not far off the intraday high. Today’s performance salvaged the week, which logged a gain of 0.31% from last Friday, setting a new interim high.
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Saturday, February 09, 2013
Stock Market Recovery Continues To Topple ‘Big-Picture’ Theories! / Stock-Markets / Stock Markets 2013
There’s never a shortage of ‘big picture’ theories, usually of the gloom and doom variety. They certainly sell books; often cause anxiety, sometimes even fear. But they almost never come to pass.In the mid-1940s, as World War II entered its final stage, ‘big-picture’ theorists warned that the pending demobilization of 10 million men and women serving in the military would send unemployment into double-digits and the economy into a serious recession, probably a depression. They warned "when the war ends the government can't just disband the military, close down munitions factories and stop building ships. The result would be disastrous". They sure made it sound convincing, pouring out impressive statistics that supported their theories.
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