Category: Stock Markets 2014
The analysis published under this category are as follows.Thursday, January 30, 2014
Stock Markets Deepen Losses on Fed Decision / Stock-Markets / Stock Markets 2014
Our intraday outlook is neutral, and our short-term outlook remains neutral:
Intraday (next 24 hours) outlook: neutral
Short-term (next 1-2 weeks) outlook: neutral
Medium-term (next 1-3 months) outlook: neutral
Long-term outlook (next year): bullish
Thursday, January 30, 2014
Stock Market Nasty Down Day with Negative Technicals / Stock-Markets / Stock Markets 2014
The stock market indices suffered another nasty session, except for theTheTechTrader.com, which looked good and channeled up nicely. That includes some of the natural gas ETFs, particularly the UGAZ. But the day was an ugly one.
The day started out with a gap down, and then 3-wave corrective move to fill the declining topsline, and then they rolled over again in a 3-wave plunge. They took out the lows slightly, then snapped back after the FOMC, by came down again into the close.
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Thursday, January 30, 2014
Fed Tapers.... Stock Market Falls.... Short-Term Positive Divergences In Place.... / Stock-Markets / Stock Markets 2014
Well, it was an interesting day. I don't think anyone would argue that. The market went up a 12 handle last night on the S&P 500 futures when they announced a rate hike. I have no idea why a rate hike would spike our market to such a degree but it did. By the time we woke up this morning that green 12 was a red 12 handle. The market was not in the mood for anything to the upside with complacency trying to work itself off now. We gapped down hard and then blasted back higher after drifting back down fairly hard.
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Wednesday, January 29, 2014
All Asian Pacific Stock Markets Analysis including China, Korea, India, Japan, Australia... / Stock-Markets / Stock Markets 2014
Today's post of the State of the Global Markets Report features unique insights on all of the major Asian-Pacific markets, including China, Korea, India, Japan, Australia and more. You will also get two special reports from Asian-Pacific Financial Forecast Editor Mark Galasiewski: Emerging Markets Reflect Social Mood and Australia: Labor's Loss and the Bull Market Ahead.
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Tuesday, January 28, 2014
Stock Market New Head and Shoulder Formations / Stock-Markets / Stock Markets 2014
A Very Chilly Good Morning!
I don’t know whether it is because of the -30 degree wind chill or some other problem, but a lot of things don’t work this morning, including my cable internet.
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Monday, January 27, 2014
Stock Market Fear - One Last Shot For The Fed? / Stock-Markets / Stock Markets 2014
Friday was a scary down day for many and Market fear was in the air.
But the Fed may still have one shot to hold the market from a bad day today. That hope comes from the support line on the New York Stock Exchange Index (NYA).
Monday, January 27, 2014
Stock Market Heading Lower / Stock-Markets / Stock Markets 2014
A sharp fall down to 1783 on Friday suggests that the S&P is heading lower now in wave 4. Wave 4 is a corrective leg so this can be only a temporary weakness but we still need three legs down, (a)-(b)-(c), before we may turn bullish again. Ideally a three wave pattern will find a support around 1740/55 area.
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Monday, January 27, 2014
Stock Market Anticipated Intermediate Decline Has Started / 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 (after this bull market is over), 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 - The anticipated decline into late February has started.
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Sunday, January 26, 2014
Another Big Stock Market Slide on Global Growth Jitters / Stock-Markets / Stock Markets 2014
"There was a strange temper in the air. Unsatisfied by material prosperity, the nations turned fiercely toward strife, internal or external. National passions unduly exalted in the decline of religion, burned beneath the surface of every land with fierce if shrouded fires. Almost one might think the world wished to suffer. Certainly men everywhere were eager to dare." - Winston Churchill
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Sunday, January 26, 2014
Forecast 2014 - The Second Most Expensive Stock Market in the World / Stock-Markets / Stock Markets 2014
South Africa's Cape of Good Hope is one of the most dangerous stretches of coastline anywhere in the world, where the warm Agulhas Current (also called the Mozambique Current), rushing down from the Indian Ocean, meets the cold Benguela Current, pushing up from Antarctica. The difference in water temperatures alone is a recipe for legendary storms, but the two opposing ocean currents just so happen to converge where the African Continental Shelf drops off into a deep abyss.
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Sunday, January 26, 2014
The Most Dangerous Stock Market Chart in the World / Stock-Markets / Stock Markets 2014
Last month I warned about the bubble in the stock market, and what was going to happen when it popped. Make no mistake the chart of the S&P is the most dangerous chart in the world. When this parabolic structure collapses, it is going to bring down the global economy.
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Sunday, January 26, 2014
Stock Market Primary Wave IV? / Stock-Markets / Stock Markets 2014
The last two days, of a holiday shortened week, resulted in a nasty decline for the entire week. The market started Tuesday with a gap up opening, hitting SPX 1849 in the opening minutes. Then bounced around between SPX 1832 and 1847 by Wednesday’s close. Thursday, however, started with a gap down opening and the market continued to decline into Friday’s close. For the week the SPX/DOW were -3.05%, the NDX/NAZ were -1.55%, and the DJ World index lost 2.55%. Economic reports for the week were sparse. On the uptick: FHFA housing prices, leading indicators and the WLEI. On the downtick: existing home sales. Next week is a busy one. We have the FOMC meeting tues/wed, Durable goods orders, the Chicago PMI, and Q4 GDP. Best to your week.
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Saturday, January 25, 2014
Stock Market Tumble Baked in the Cake Years Before / Stock-Markets / Stock Markets 2014
When markets tumble, the immediate cause is often baked into the cake years before. The structural (decades old) trouble with large, U.S. publicly traded companies is managements that care first, second, and third about boosting the stock price today: carpe diem, and so forth.
In 2013, IBM's net income was $16.5 billion. The company spent $13.9 billion repurchasing its own shares during the year: 84% of its profits were used for these purchases. Buying back shares, all else equal, boosts per share earnings, thus the share price.
Saturday, January 25, 2014
Stock Market Big Selloff, Is a Correction Underway? / Stock-Markets / Stock Markets 2014
Courtesy of Doug Short: The S&P 500 opened lower and traded steadily lower, closing at its intraday low for a loss of 2.09%. That’s the biggest daily decline since the 2.50% drop on June 20th. The holiday-shortened four-day week was down 2.63%. That’s the biggest weekly decline since the 3.02% drop in May of 2012.
The question on everyone’s mind is whether we’re seeing the start of a significant correction. And Fed watchers are no doubt wondering whether the central bank might rethink the taper timetable.
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Saturday, January 25, 2014
Stocks Plunge, Horrific Jobs, Was The Fed Too Hasty With Its Taper Decision? / Stock-Markets / Stock Markets 2014
The Fed surprised markets with its December decision that the economy is strong enough to stand on its own with less stimulus. The majority of economists and analysts expected it to wait until March for more evidence to accumulate.
In the month since the decision, economic reports from key areas of the economy; jobs, housing, auto sales, and consumer confidence, have not been impressive.
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Saturday, January 25, 2014
Stock Market Plunge on Argentina Crisis / Stock-Markets / Stock Markets 2014
Goldman Sachs President and COO and AIG Non-Executive Chairman Steve Miller spoke with Bloomberg Television's Erik Schatzker and Stephanie Ruhle at the World Economic Forum in Davos, Switzerland today.
Cohn downplayed the market reaction on Argentina: "Markets going through some jitters trying to figure out exactly what's going on, emerging markets, we're seeing some repricing of assets. This is not extraordinary movements in the market. We have seen movements like this before...These are growth markets, they're not developed markets."
Saturday, January 25, 2014
U.S. Stock Market Sharp Drop - How to Spot the NEXT Big Turn / Stock-Markets / Stock Markets 2014
On January 24, the DJIA, S&P and NASDAQ all lost close to two percent. On a day like that, it's worth talking about the one indicator they don't often mention on financial networks - namely, market sentiment.
When is the best time to get out of the stock market? When everyone else is invested and extremely optimistic. When is the best time to buy, then? Exactly: when you see the opposite sentiment.
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Saturday, January 25, 2014
Stock Market Snaps / Stock-Markets / Stock Markets 2014
And this is no joke. Snap go the 50-day exponential moving averages on the Dow and S&P 500. It took only two-long sticks on consecutive-down days to take out 21, overall, up days on the indexes. That's how things work when they snap on the indexes. Lots of grinding up in to massive complacency, and then snap, down she goes, taking a month's worth of upside out in two simple days of nastiness.
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Friday, January 24, 2014
Stock Market SPX Breaks More Support Levels / Stock-Markets / Stock Markets 2014
Minute Wave [iii] has now violated the 50-day moving average and is about to cross the smaller Orthodox Broadening Top trendline. As previously mentioned, this wave may now extend considerably below 1800.00.
A Fib Wave [iii] expansion is generally at least 1.618 times the size of Wave [i], which would be approximately 61 points, giving a probable target of 1767.50.
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Friday, January 24, 2014
Stock Market Spooked by China and Q4 Earnings / Stock-Markets / Stock Markets 2014
Before the US markets opened the Flash China Manufacturing PMI came in at 49.6 in January (versus 50.5 in December), a six-month low. Markets around the world sold off at the unexpected news. The S&P 500 opened at its -0.14% intraday high and sold off to its -1.34% intraday low at 2 PM, when buyer’s apparently sniffed an opportunity. The index closed with a trimmed loss of 0.89%. The ongoing mixed bag of Q4 earnings didn’t help.
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