Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.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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Wednesday, December 15, 2010
Stock Market Bad Breadth / Stock-Markets / Stock Markets 2010
I've noted before that at intermediate turning points we will usually see breadth diverge from price.
The McClellan oscillator is now showing a large negative divergence and has moved back below zero despite the market making new highs.
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Wednesday, December 15, 2010
Stock Traders Profiting from QE2 ...3, 4 / Stock-Markets / Stock Markets 2010
What about Ben? Two stories.There has been a lot of chatter about the Fed and how their QE2 strategy is failing, but is it?
The government has just agreed to borrow $600 billion dollars from them. That is just a down payment. The government has to refinance 30 % of it's debt this year and 50 % of it's debt over the next 3 years. At present, the government pays approximately 1 1/4 % on the exiting debt. I haven't heard the Fed guarantee the Government a low rate on the new refi loans, just market rates. The higher rates go, the more money the federal reserve banks make.
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Wednesday, December 15, 2010
The SP500 and the Financial Sector May Have Been Naughty This Year / Stock-Markets / Stock Markets 2010
Market pundits and prognosticators are all worried as to whether Santa is going to deliver presents to Wall Street this year. While we have seen the S&P 500 reach new highs in December, the S&P 500 is facing a wall of resistance around the S&P 1250 area. Based on price action today, Santa may not be coming to Wall Street in 2010.
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Tuesday, December 14, 2010
EURO, USD and Equities in light of No decision from FOMC / Stock-Markets / Financial Markets 2010
We had the OPEC meeting which went almost unnoticed and today we have the FOMC. Would there be any policy change or let’s just say would the post meeting communiqué shed light on any possibility of tightening? The answer is a resounding No! And anyone anywhere expecting otherwise has gotten it totally wrong. Same could also be said about further easing therefore at best this meeting shall be one where committee members meet, have a brief discussion session and then call it a day, as if it was a “get together”.
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Tuesday, December 14, 2010
U.S. Economy Still on Shaky Foundations, Gold Targets $1600 / Stock-Markets / Financial Markets 2010
In an innovative TV commercial for Barclays Bank, a man walks down on Wall Street but discovers that nearly everything is a fake movie set. The huge investment houses and international banks are all made of paintings on cloth or Styrofoam while the people are mannequins. The nightmare ended with the man finding one real bank which is Barclays Bank.
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Tuesday, December 14, 2010
Obama Tax Deal Sets the Stocks Bull Running / Stock-Markets / Stock Markets 2010
Jon D. Markman writes: U.S. President Barack Obama's tax deal has yet to pass Congress, but the compromise - hatched as an appeasement to Republican opposition - already has had an effect on the currency and stock markets.
What's more is the deal looks as though it could offer a significant impetus for the U.S. economy as we move into 2011.
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Tuesday, December 14, 2010
Stock Market Indices Close Mixed in Last Hour Sell-Off / Stock-Markets / Stock Markets 2010
The stock market indices ended mixed on the session after a last-hour sharp sell-off peeled back a vast majority of the gains and closed the indices right at the lows for the day.
The day started out with a gap up. They then backed and filled, held support, and went to new highs the entire rally, reaching 2225 on the Nasdaq 100 and nearly 1247 on the S&P 500.
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Tuesday, December 14, 2010
Stock Market Snaps Some Late..... / Stock-Markets / Stock Markets 2010
Sometimes you get too complacent and you have to pay a small price for that. For weeks now, we have seen the bull-bear spread get a bit out of hand on the too many bulls side of the ledger. To add to that, we are now seeing many daily put-call readings below .60. Anything below that is a red flag. On the equity side of the put-call ratio we are now seeing readings at .30. That is just not sustainable for further market upside. The end of the day today saw this kick in as the markets finished on their lows, well off the highs of the day. This too complacent situation is not the kiss of death for the market. Not by any means. It simply means the market has some cooling off to do to unwind the overbought daily and short-term charts. A deeper heavier sell is always possible, and, quite frankly, would be in the market's best interest, but the bull phase we're in is very powerful, thus, I'm not sure we get anything terrible from here, but the more we sell the better off we'll be for sure.
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Monday, December 13, 2010
Just Another Manic Market Monday – Stagflation Now Official in China / Stock-Markets / Financial Markets 2010
Wheeee, everything must be great!
We are crushing our levels as the market flies ever higher. Our 11,500 target on the Dow looks sure to be tested and we’re already flipping bullish with our "Breakout Defense" trades, in which our goal is to make 5,000% in 5 trades or less. We are not ashamed to jump on the bullish bandwagon – if they are giving away money, we’ll stand in line with everyone else, only we’ll take a larger share – thank you very much. We certainly know how to use leverage just like a Bankster – we have a spread and we’re not afraid to use it!