Category: Stock Markets 2014
The analysis published under this category are as follows.Saturday, August 02, 2014
Stock Market Buy the Dip, Bail Out, Or Just Worry? / Stock-Markets / Stock Markets 2014
Here we are in August and the debate still continues as to whether the promised bounce-back from the winter slowdown took place, or if the economy is in an ongoing slump.
Why should there be any question?
The Fed assured us again at its FOMC meeting on Wednesday that “Growth in economic activity rebounded in the second quarter. Labor market conditions improved. . . . . Household spending appears to be rising moderately, and business fixed investment is advancing.” It did acknowledge that “the recovery in the housing sector remains slow.”
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Friday, August 01, 2014
Stock Market Down for the Day and Month with a Bit of Drama / Stock-Markets / Stock Markets 2014
Courtesy of Doug Short.US equity markets ended the month with a selloff. The S&P 500 and the Dow both posted their first monthly declines since January. The popular press has a grab-bag of explanations, most notably Argentina’s default, the chess match against Russia, and concerns that a Fed rate hike might come sooner than expected. The S&P 500 opened at its -0.25% intraday high and sold off in a couple of waves to its -2.00% close at its intraday low. The 1.79% daily trading range was at the 97th percentile for the year, and the daily decline was the fourth worst of 2014. The VIX volatility index was up 27.16%, by far its biggest jump of the year.
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Thursday, July 31, 2014
Stock Market Breakdown! / Stock-Markets / Stock Markets 2014
SPX fell beneath its 50-day Moving Average and appears to be doing a retest for probable resistance there. The EW pattern suggests that the Intermediate Wave (1) decline may extend to 1900.00 or below.
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Thursday, July 31, 2014
This is Bad News for U.S. Economy and Stock Markets / Stock-Markets / Stock Markets 2014
Harry Dent writes: Volatile markets are shaking the U.S. economy and geopolitical conflicts are intensifying. This is bad news.
Iraq is falling into civil war, like Syria did after the Arab Spring across North Africa; Israel is invading Gaza; a Malaysia airliner was shot down over Ukraine — by who knows whom; and two Ukrainian fighter jets were shot down by Russian rebels.
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Thursday, July 31, 2014
Fed Sends A Powerful Message To The Stock Market Bears..... / Stock-Markets / Stock Markets 2014
As I've been saying for the past few years, the Fed from Bernanke to Yellen has worked hard at fulfilling the duties of their job description. To keep the economy moving along through their actions regarding the stock market. The key to this long-term bull market has been, is, and always will be low rates. Nothing else. RATES! Ms. Yellen was being paid special attention to today, because the world wanted to know when she would speak out loud the dirty little secret about when rates would begin their cycle up. The market was ready to heave once the word was uttered out loud. It wasn't.
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Wednesday, July 30, 2014
Stock Market Hunkers Down / Stock-Markets / Stock Markets 2014
Courtesy of Doug Short. This morning’s release of July Consumer Confidence surprised to the upside, a finding the rather conflicts with the latest Gallup survey of Economic Confidence. But in the real world, the key headlines were about the announcement of sanctions against Russia. The S&P 500 made a shallow arc higher in the morning, hitting its intraday high shortly after the Consumer Confidence report was released. It then sold off in a couple of waves to close at its -0.45% intraday low.
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Tuesday, July 29, 2014
Lindsey Forecast Dow Stocks Bull Market is Over / Stock-Markets / Stock Markets 2014
Regular readers will remember the column posted two weeks ago as well as last week’s column confirming the bearish forecast by showing the positive divergence in the VIX which is expected a market tops.
It is important to be aware that George Lindsay admonished his newsletter subscribers that his methods were to be applied only to the Dow Jones Industrials index and not the broader indices. He explained this caveat that using the Dow (“or an even narrower index”) will avoid the constant turn-over of individual components in those broader indices.
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Tuesday, July 29, 2014
Stock Market Down Hard Then Reversal..... / Stock-Markets / Stock Markets 2014
No one reading this article will argue that things are deteriorating technically. We also have fundamental headaches, such as we saw from the real-estate world today. But focusing on technical action, the bears certainly have made some progress. A nice gap down now in the way of the bulls making their task of sustainable upside far more difficult. That said, we started up a hair this morning, only to see the futures fall apart just after the open. A real swoon lower with the S&P 500 falling well over ten points quite rapidly. It looked bad as the 20-day exponential moving average was getting taken out with relative ease.
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Tuesday, July 29, 2014
Stock Market Bubble Warning / Stock-Markets / Stock Markets 2014
Everyone has an opinion as to whether or not US stock indices are in a bubble at the present (July, 2014). Given a moment’s reflection, I came up with ten reasons US stocks are indeed in a bubble.
1) Fed Chair Yellen expressed concern in mid-July (2014) that certain asset classes appeared to be stretched in terms of valuation. The three that she mentioned were social media stocks, biotechs, and small caps. This is a bit disturbing on several levels. First, Fed people are bankers and not economists or investment experts. As bankers, the Fed only knows one thing. That is, they have the power to steal money from a sovereign Treasury and give that money to their banker friends who help the Fed to control the world. Second, Ms. Yellen may indeed be correct.
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Monday, July 28, 2014
New Trading Highs - And That’s a GOOD Thing?? / Stock-Markets / Stock Markets 2014
The past year has seen a long list of “XYZ is at its highest level since XXX” announcements. Some notable examples:
NASDAQ tech stocks are back to 1999 levels
The number of initial public offereings, including companies with no earnings, is back to 1999 levels
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Monday, July 28, 2014
Investors Remain Uncertain As Stock Fluctuate Near Long-Term Highs - Will The Uptrend Extend? / Stock-Markets / Stock Markets 2014
Briefly: In our opinion, no speculative positions are justified.
Our intraday outlook remains neutral, and our short-term outlook is neutral:
Intraday (next 24 hours) outlook: neutral
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Monday, July 28, 2014
Stock Market One FINAL High? / Stock-Markets / Stock Markets 2014
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, there will be another steep decline into late 2014. However, the Fed policy of keeping interest rates low has severely curtailed the full downward pressure potential of the 40-yr and 120-yr cycles.
Intermediate trend - One final high needed to produce the start of an intermediate correction.
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Sunday, July 27, 2014
Stock Market Breakout Doesn't Hold... / Stock-Markets / Stock Markets 2014
When anything breaks out, whether it's a stock or a single index or the entire market, you need to get a follow-through with power. Not only that, when you break out, you need to power through on the day you actually do so. We broke out over 1985 on the S&P 500, but only by a little more than a point. It held the next day but only added one additional point. A red flag to be sure. Yesterday it all fell apart with a big gap down due mostly to two earnings reports. Visa Inc. (V) and Amazon.com Inc. (AMZN), one froth and one not froth, took it on the chin as both had warnings. AMZN on bigger than expected losses, and V on future growth due to a slowing global economy.
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Friday, July 25, 2014
Stock Market Early Sell Signals / Stock-Markets / Stock Markets 2014
VIX has completed its pullback to the declining trading channel trendline. This morning it has crossed above the 50-day Moving Average and is on an SPX aggressive sell signal. This would be confirmed above mid-Cycle resistance at 13.54.
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Friday, July 25, 2014
Why the Stock Market Is Heading For A Fall - This Time Is Not Different / Stock-Markets / Stock Markets 2014
David Stockman writes: The 2008 Wall Street meltdown is long forgotten, having been washed away by a tsunami of central bank liquidity. Indeed, the S&P closed yesterday at 1,983—or up by nearly 200% from its March 2009 low. Yet four cardinal measures of Main Street economic health convey nothing like a 2X pick-up from the post-crisis bottom.
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Thursday, July 24, 2014
Stock Market Clear and Present Danger Zone / Stock-Markets / Stock Markets 2014
Ding, Ding, Ding! The bell tolls, not for the 1%, but for the remaining 99% in Europe, the UK, Japan, and the US.
What Danger Zone? The powers-that-be must find a way to keep the masses under control, raise taxes, enrich themselves and monetize the debt. The result will be currency devaluations, blood, inflation, distractions (such as downed airliners and new wars), banker bonuses, continued payoffs to politicians, and so much more.
Thursday, July 24, 2014
S&P 500 Record Intraday and Closing Highs / Stock-Markets / Stock Markets 2014
Courtesy of Doug Short. Key indexes around the globe are exhibiting little volatility in the wake global conflict. The Nikkei and Dow closed the day down 0.10% and 0.16%, respectively. The Eurozone’s STOXX 50 was up 0.12%.
The S&P 500 took center stage for US indexes, setting new intraday and closing records despite ongoing tensions in Europe and the Middle East. The index opened higher, quickly sold off to its -0.05% intraday low and then rallied to a record intraday high, up 0.29%. After a minor lunch-hour dip, it spent the afternoon in a narrow trading range to its 0.18% gain for a record close.
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Thursday, July 24, 2014
S&P Stock Market Breakout...Barely... / Stock-Markets / Stock Markets 2014
Which means it's not really officially on breakout in my world. I want a breakout at least half, if not a full, percent above the necessary price. That said, it's so impressive that this market could break out on any level considering the global tensions we're facing, along with the insane amount of froth that's out there. Shows you just how strong bull markets can be. They don't need much, if any, excuses to try higher. They simply go on their merry way as the bears know the odds are usually stacked against them, especially when the Ms. Yellen has had her say about rates and where they're going.
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Wednesday, July 23, 2014
Stock Market Final Thrust Higher? / Stock-Markets / Stock Markets 2014
Good Morning!
Yesterday I commented that the final Wave needed to have 5 lesser waves in the last thrust. This appears to be it. The target for this wavelet is 2000.00 in the SPX. Round numbers appear to have a psychological attraction and this is no different.
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Tuesday, July 22, 2014
Enough With The Stock Market Bubble Talk Already / Stock-Markets / Stock Markets 2014
So much analysis we see and hear lately is concerned with whether the stock market is in a bubble or not. A sampling of headlines in the last month or so:
‘It’s Time to Worry About a Stock Market Bubble.’
‘Five Warning Signs of a Stock Market Bubble’
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