Category: Stock Markets 2015
The analysis published under this category are as follows.Thursday, July 02, 2015
Stock Market Increased Risk Levels ... / Stock-Markets / Stock Markets 2015
The VIX (see the chart below) is showing increasing stress levels.
Note that the VIX has risen above the blue dotted resistance line level. Since the VIX moves opposite to the stock market, this was a bad event on Monday.
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Wednesday, July 01, 2015
Greece Debt Crisis Trigger for Stock Market Crash or Bull Rally? Video / Stock-Markets / Stock Markets 2015
The Dow stocks index has been on a volatile slide since making its 18,350 new all time high of Mid May, having recently nudged to a low of 17,600 that many have attributed in large part to the unfolding Greece debt crisis, the latest of which is Greece missing its deadline for a Euro 1.6 billion repayment to the IMF Tuesday that has galvanised stock market bears to once more proclaim that the stocks bull market is over and a new bear market has begun.
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Wednesday, July 01, 2015
SPX Stock Market Retracement May be Over / Stock-Markets / Stock Markets 2015
The SPX retracement was stopped at its Ending Diagonal trendline at 2082.00, having briefly challenged it at 2082.78. It is now beneath the neckline of the Head & shoulders formation at 2075.00. Head & shoulders patterns allow throwbacks for a brief period, as long as the index does not close above them. This one apparently qualifies.
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Wednesday, July 01, 2015
The End of Dow 18,000; Bailouts No Longer Extended / Stock-Markets / Stock Markets 2015
Eurogroup Says Greece Bailout Program Will Not Be Extended And Will Expire on June 30, ABC News, June 27, 2015
Greece Debt Crisis: Banks to Remain Shut All Week, BBC, June 29, 2015
Greece Confirms It Will Default On Its IMF Payments, Financial Post, June 30 ‘15
“We have to admitted we are powerless over alcohol, that our lives are unmanageable” – First Step in Alcoholics Anonymous 12 Steps
The World Is Defenseless Against The Next Financial Crisis, Warns BIS, The Telegraph, June 28 ‘15
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Tuesday, June 30, 2015
Stocks Plunge on Greece Euro-Zone Financial Armageddon Blackmail / Stock-Markets / Stock Markets 2015
The Syriza government that like a spoilt child keeps throwing its toys out of the euro-zone pram has been pushing Greece towards economic and financial collapse since its January election win, as Syriza continues to blackmail the euro-zone that if Greece does not get its way then they will take the euro-zone down with them, prompting markets to discount the potential contagion effect of the Greece debt default, bank run saga being replicated amongst other larger Euro-zone member states that has prompted stock markets to slide across europe and the wider world as illustrated by yesterdays Dow and FTSE plunges that have galvanised the bears into action to once more proclaim the stocks bull market end is nigh.
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Tuesday, June 30, 2015
Stock Investors Express Route to Profits in the Healthcare Sector / Stock-Markets / Stock Markets 2015
MoneyMorning.com Tom Gentile writes: A lot of Baby Boomers are now running smack dab into their retirement.
An aging population coupled with the rising cost of healthcare and prescription drugs is a potent brew for profiting in the healthcare sector.
And it's no wonder that this company is in the spotlight with long-term analysts.
Tuesday, June 30, 2015
Greece Rocks Stock Market Lower... / Stock-Markets / Stock Markets 2015
The news over the weekend was bad regarding any possibility of a settlement with Greece, thus the markets in the Euro zone were getting hammered when trading opened up last night. We followed along as usual, and, as usual, we weren't as bad as they were, which is totally understandable, but we were down hard enough to make folks feel that nasty feeling in the pit of their stomachs, especially those overtrading in a risky environment. I had warned repeatedly last week that the risk was running higher and higher each day as we headed towards the deadline of June 30. That was the date when Greece had promised to bundle all of their payments in to one large payment. They made it clear that wasn't going to happen and that's when the negotiations began. Unfortunately they didn't go well and this is the result. We were lucky.
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Monday, June 29, 2015
Volatility and Sleep-Walking Markets / Stock-Markets / Stock Markets 2015
It is with immense pleasure that I can introduce the return to The Automatic Earth of my friend and co-founder Nicole Foss. If only because I myself can now retire to a beach chair…. (not).
With the violent swings that have started and been amplified in Asia overnight, as well as in European and US futures, Nicole’s piece on volatility is quite pertinent.
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Monday, June 29, 2015
Stock Market More Decline Ahead? / Stock-Markets / Stock Markets 2015
Current Position of the Market
SPX: Long-term trend - Bull Market
Intermediate trend - Waiting for confirmation that the ending diagonal is complete.
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer market trends.
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Monday, June 29, 2015
Possible Stock Market Panic Coming! / Stock-Markets / Stock Markets 2015
Last week, I warned of a possible Head and Shoulders Pattern Top looming. Back in the 1980’s, I learned how to do minimum down side measures by measuring the distance from the head to the neckline and then adding it to the neckline. The current minimum measure is for SPX 2003. I also noticed that quite frequently one could also figure the bottom day of the down side move by taking the first touch point of the neckline and counting the trading days to the head (this case it is 10 trading days from 5/6 to 5/20) and then adding that number (10) to the last touch point on the neckline (6/15) + one more trading, which would give us June 30 for the possible low.Read full article... Read full article...
Sunday, June 28, 2015
COMPQ Elliott Wave Analysis / Stock-Markets / Stock Markets 2015
The spike to new highs could be counted as a small thrust from a triangle 4th wave, so we would need to see a large decline now back under 5000 to suggest the idea of a possible end to wave [5] of the larger wave 3, short term its yet to show a small 5 wave decline, but if it can remain below 5120 then I would favor more weakness now and target more downside. The NDX failed to make a new yearly high so we have a small divergence between the COMPQ and NDX.
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Saturday, June 27, 2015
Stock Market Uptrend/downtrend Inflection Point / Stock-Markets / Stock Markets 2015
The market started the week at SPX 2110. A gap up opening took the SPX to 2130 on Monday, the high for the week. Then the market pulled back every day, including Friday, to end the week at SPX 2102. For the week the SPX/DOW were -0.4%, the NDX/NAZ were -0.7%, and the DJ World index was +0.1%. Economics reports for the week were mostly positive. On the uptick: existing/new home sales, personal income/spending, FHFA prices, the PCE, consumer sentiment, the WLEI, and Q1 GDP improved. On the downtick: durable goods, plus weekly jobless claims rose. Next week’s reports will be highlighted by Payrolls, the Chicago PMI and ISM manufacturing. Best to your week!
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Saturday, June 27, 2015
Flatline Investing and Dead End Debt Schemes / Stock-Markets / Stock Markets 2015
Next Tuesday is the end of the first half of 2015. As of today, the Dow has once again rallied up to break the magical 18,000 line, holding this level after coming within inches of this level for the first time on December 5, 2014....now 139 trading days ago.
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Friday, June 26, 2015
Stock Market - Why I am Ultra Bearish over the Long Term / Stock-Markets / Stock Markets 2015
Some interesting developments are playing out in long term charts that make me feel comprehensively bearish over the long term:
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Friday, June 26, 2015
Stocks and the Slippery Roads For the Rickshaw Economy / Stock-Markets / Stock Markets 2015
Stocks were weak Thursday on the 'better than expected' consumer spending number.
Jobs remain weak, despite the spin about The Recovery™.
There are jobs that will provide a poverty wage, and workers are increasingly insecure in an on-demand, rickshaw economy.
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Thursday, June 25, 2015
Greece and Stock Market Divergences.......Transports Ugly.... / Stock-Markets / Stock Markets 2015
The market was gapping down just a drop heading in to the trading day. Nothing to get upset about but, then came the news many didn't want to hear. Talks regarding Greece breaking down, which is not unexpected. The futures fell further still and down we went. Gap down and run for the most part. Not a terrible day by any means. Not a bearish day big picture by any means, but it was a decent down-day with Greece being one part of the equation along with negative short-term divergences being the other culprit. They were pretty large, and, thus, some selling could have been expected.
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Tuesday, June 23, 2015
Greece / Stock Market Played Like a Bouzouki / Stock-Markets / Stock Markets 2015
We have a deal!
No really. This time we do have a deal. Uh, we think.
And the cry went forth, and Very Serious People breathed a sigh of relief, the Greek people continued to take their euros out of the banks, and the markets rallied. Again.
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Tuesday, June 23, 2015
Stock Market is on a Hair Trigger / Stock-Markets / Stock Markets 2015
The Ending Diagonal does not appear to be complete. Micro Wave c of Sub-minute Wave (v) must push higher. The target listed this morning still appears to be reasonable, given the circumstances. If so, this will be the top of Wave (5). I will change it as I see the progress of this (final) rally.
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Tuesday, June 23, 2015
Stock Market Bullish Pattern Still With Us....Greece Still With Us As Well..... / Stock-Markets / Stock Markets 2015
The S&P 500 bulls had their hopes lit up this morning. Actually, for those who follow these things, those hopes were lit up last night as soon as the futures came out. They were flying up pretty nicely giving the bulls visions of saying so long to S&P 500 2134. Those futures went higher still as night progressed but fell some before the open. With the close on the S&P 500 at 2110 Friday, there was a lot of work for the bulls to do to get it over 2134. We came within a few points of that, only to see it back off some as the day progressed. Another good old college try that just didn't happen. An up-day, but not a breakout day, so there's still not much to get overly pumped up about, even though other areas are trying to break out, such as the small and mid-cap stocks.
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Monday, June 22, 2015
De-Greece-ing the Stock Market / Stock-Markets / Stock Markets 2015
Current Position of the Market
Intermediate trend - Waiting for confirmation that the ending diagonal is complete.
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer market trends.
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