Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Saturday, December 18, 2010
The Stocks Bull Market Trend and the Improving Economy / Stock-Markets / Stock Markets 2010
Economic reports for the week were quite good: 13 improving, 3 lower and 2 unchanged. Yet the SPX traded the entire week 7 points above and 7 points below where it had closed last friday. On the economic front, the current account deficit increased, building permits declined and weekly mortgage applications were lower. The NAHB housing index remained flat, as did the weekly jobless claims. On the positive side, the NY FED and Philly FED both improved, as did, industrial production, capacity utilization, housing starts, the BEA leading indicators, the monetary base and the WLEI.
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Saturday, December 18, 2010
Stock Market Holiday Grind... / Stock-Markets / Stock Markets 2010
market down off of overbought daily charts. We are overbought on the oscillators and on pure sentiment readings. The market wants to sell but it still can't find a reason to do so in this holiday season. Timing the pullback, whatever it may look like, is very difficult here as the bigger picture remains solidly bullish. Where will the catalyst come from is the real question we're all asking. It didn't come from a bad employment report some weeks back. I thought that would do it.
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Saturday, December 18, 2010
Has the Stock Market Finally Run out of Steam? / Stock-Markets / Financial Markets 2010
False Hope? U.S. Leading Indicators Index Increases by Most in 8 Months
(Bloomberg) The index of U.S. leading economic indicators increased in November by the most in eight months, a signal the recovery will strengthen early next year.
The Conference Board’s gauge of the outlook for the next three to six months rose 1.1 percent after a revised 0.4 percent gain in October, the New York-based group said today. The reading matched the median forecast of economists surveyed by Bloomberg News.
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Saturday, December 18, 2010
2011 The Third Year of the Presidential Stock Market Cycle! / Stock-Markets / Stock Markets 2011
The history of the Four-Year Presidential Cycle is that the stock market tends to experience its worst corrections and bear markets in one or both of the first two years of a president’s term, and then be positive for the last two years of the term.
In fact, studies have shown that if investors were to stay out of the market for the first two years of each presidential term, and then buy and hold for the last two years they would substantially outperform the market over the long-term.
Saturday, December 18, 2010
Long AND Short Important for Investor Profit & Protection in 2011 / Stock-Markets / Financial Markets 2011
“There is a dire collapse taking place below the radar screens of the public. The financial condition of the fellow states of a currency union is the most critical component of a common union currency's value today. It is the challenged financial integrity of member states and their constituents, the cities, towns and villages that make up the state where risk is most prevalent.
The municipal bond market is today in a second freefall…
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Friday, December 17, 2010
What Investors Should Do as the Fed Plays Ostrich / Stock-Markets / Investing 2010
The latest Federal Reserve meeting came and went this week. And I gotta tell you, the Fed should replace the eagle on its website with an ostrich!
I say that because the post-meeting statement was a bunch of boilerplate text. No recognition of rising inflation pressures around the world. No recognition of an improved tone to the economic data. And most importantly, no acknowledgement whatsoever about the dismal failure of QE2!
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Friday, December 17, 2010
The Unseen Force in the Stock Market ... / Stock-Markets / Stock Markets 2010
Sometimes, something is worth repeating ... like this questions from investors:
Read full article... Read full article..."Why is it that "negative divergences" aren't triggering, which is rendering various investing models powerless as the market runs over them?"
Friday, December 17, 2010
Stock Market Rally Continues as Volume Eases... / Stock-Markets / Stock Markets 2010
The rally continued with the major indexes posting positive closes but volume backed off as we await topping action...
Recommendation: Take no action.
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Friday, December 17, 2010
U.S. Treasury Yields Suggest Stocks Correction in Q1 2011 / Stock-Markets / Stock Markets 2011
RSI overbought readings on U.S. Treasury yields have corresponded to corrections in the S&P 500 over the past 5 years. Since 2005, levels of 70 or higher have generated a pullback in price levels for stocks and a retracement for bond yields. The current RSI levels for 10-year and 5-year U.S. Treasuries are nearing that important overbought range. The present RSI readings for mid-term yields are at 69.20 (Chart 1) and short term yields are at 66.28 (Chart 2).
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Friday, December 17, 2010
Two Signs a Sharp Drop in Stocks is Near / Stock-Markets / Stock Markets 2010
The Bernanke Bubble is showing its first weakness in months.Yeah, I know. Stocks have continued to inch higher almost daily. The volatility of late spring is a distant memory. The only uncertainty for most investors is seemingly how great next year will be.
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Friday, December 17, 2010
Crude Oil Futures Scam Continues Unabated / Stock-Markets / Financial Markets 2010
What a joke the oil market is!First of all, the NYMEX contracts for January delivery close on Tuesday and there are still 132,168 open contracts or 1,000 barrels each (132M) scheduled for delivery to Cushing, OK, a facility that can handle at most, 45Mb of crude and is, at the moment, full. The price of those barrels surged from $86.82 all the way back to our shorting target of $89 yesterday, where we once again had a nice ride down. Now, in pre markets, it is back over $89 again and we'll short it again so I'm not complaining about the action but I am upset that this blatant rip-off of the American consumer can go on right under our "leadership's" noses.
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Friday, December 17, 2010
Squandered Opportunity by Stocks Bears / Stock-Markets / Stock Markets 2010
As we entered the noon hour, the S&P 500 saw yet another squandered opportunity by the bears to inflict some meaningful damage to the powerful upmove off of the late-Nov lows. Instead, the index, analyzed through its round-the-clock emini contract, pierced yesterday's low at 1228.75 by 1.25 points, but failed to follow through on the downside, and then pivoted to the upside with power.
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Thursday, December 16, 2010
Stock Market 2011 Outlook Remains Bullish, Risk Assets Respond to QE / Stock-Markets / Stock Markets 2011
With even the ‘new normal’ crowd upgrading their economic forecasts for 2011, the Federal Reserve prepared to fully implement QE2, and Ben Bernanke leaving the door open for QE3, it is a good time to take a step back and look at the battle between the acceptance of risk and risk aversion.
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Thursday, December 16, 2010
Debt Crisis Dangers Still Plagues Global Stock Market / Stock-Markets / Global Stock Markets
While the US markets continue to churn in place awaiting some leadership the global markets are struggling. The resolution (bailout) relative to Ireland’s sovereign debt in November sparked a rally off the lows. The result has been a move higher recapturing nearly two-thirds of the loses incurred. However, we are now testing the move and may retest the low again. Why the renewed struggle? Ireland voted to approve the bailout! If they had voted against the bailout they would have likely defaulted on their debt. What would the market reactions to that have been? But if they accept the bailout the global markets sell anyway? Sometimes logic doesn’t apply to what actions investors take.
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Thursday, December 16, 2010
Stock Market Hindenberg Crash Omens Second Repeat Appearance / Stock-Markets / Financial Crash
The Hindenburg Omen repeats itself after its appearance on Tuesday. They say third time is the charm...
Recommendation: Take no action.
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Thursday, December 16, 2010
The Inverse U.S. Dollar Relationship, SPX and Fear / Stock-Markets / Financial Markets 2010
So far this week we have been seeing fear creep in the equities market. This Wednesday we started to see fear (green indicator) reach a level which tells me to start looking for the market to bottoming. I do follow a few other charts and indicators which warn me of a possible trend reversal (high probability setup) before it takes place but the US Dollar and selling volume are key.Read full article... Read full article...
Thursday, December 16, 2010
Stock Market Struggling...Hanging In... / Stock-Markets / Stock Markets 2010
What other words could you possibly use now is how I see it. It's struggling for a good reason. We have some difficult sentiment issues to deal with. A low 10-day put-call reading and a high bull-bear spread at 36% more bulls. When these forces come together it can take a bull market and force a pullback within it at any moment. No way to predict the moment, but you start to see more and more days of up at the beginning of the day, and then a real struggle at the end of it. Nothing horrific, but just more of a struggle each and every day for continuous upside action. This is not bad news for the market as it allows things to unwind more quickly, although a more sustained pullback can occur here due to those sentiment issues.
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Thursday, December 16, 2010
Bankers Secret Meeting to Control the World? / Stock-Markets / Market Manipulation
Revisiting the massive global oil scam... Last year, Phil calculated that this $2.5 Trillion dollar operation was 50 times the size of the Bernie Madoff ponzi scheme. "It's a number so large that, to put it in perspective, we will now begin measuring the damage done to the global economy in "Madoff Units" ($50Bn rip-offs). That's right - $2.5Tn is 50 TIMES the amount of money that Bernie Madoff scammed from investors in his lifetime, yet it is also LESS than the MONTHLY EXCESS price the global population has to pay for a barrel of oil..."
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Wednesday, December 15, 2010
Big-Picture Pattern Still Bullish for China FXI ETF / Stock-Markets / Chinese Stock Market
From a big picture weekly chart perspective, the series of higher lows and higher highs off of the October 2008 bear market low at 19.35 is the dominant pattern that underpins the iShares FTSE/China 25 Equity Index (NYSE: FXI) right now.
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Wednesday, December 15, 2010
Stock Market Hindenberg Crash Omens Re-appears / Stock-Markets / Stock Markets 2010
The Hindenburg Omen, last seen in August makes another appearance...
Recommendation: Take no action.
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