Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Monday, September 13, 2010
Stock Market $SPX, $VIX, and the Elliott Wave Terminal Diagonal Analysis / Stock-Markets / Stock Markets 2010
This weekend I'm going to highlight one of the potential stock market patterns. First let's look at the market with a possible Elliott Wave Wedge forming in the wave B position.
$SPX: We have (abc) down into wave A, and we are forming what looks like (abcde) sideways into what looks like wave B. If this is the case, we could have a little more upside splashing above the 200 day MA and closing a little gap at price resistance. Then, we should expect wave C lower if the structure holds this view. The price target in this view is roughly 930.
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Sunday, September 12, 2010
Stock Market Waiting for the Fat Lady! / Stock-Markets / Stock Index Trading
ES has been crawling higher, delaying a correction that is inevitable. So we are waiting for the fat lady to sing and announce that W3 is over and a substantial W4 is underway. I warn against being premature with a short, since timing is everything. My charts are always a little funky around contract rollover dates since the continuous symbol does not always chart out the same as the current contract and the underlying index. I am using the December contract for my charts. I think it is the most accurate data.
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Sunday, September 12, 2010
Stock Market Dancing At The Breakout.... / Stock-Markets / Stock Markets 2010
The stock market has been hanging around the upper end of its trading range for a while now. It seemingly doesn't want to pull back very much, but clearly it is struggling to make the bigger move up and out above 1105. Small sticks as we get closer and closer to making the move bulls so sorely want. Yesterday was interesting. It was able to close over 1105, but it's hard to get very excited. You have to wonder why it's so hard for either side to make a larger move. The bears seem unable to take it down, although they are holding the line. Normally, when a market struggles to make the big move up and out, the other side will come in hard and reverse the trend. Doesn't matter which way that is.
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Sunday, September 12, 2010
The Stock Market VIX Indicator to Gauge and Profit from the Market’s Mood / Stock-Markets / Volatility
Karim Rahemtulla writes: After you’ve read this article, the next time someone asks you, “Hey, how’s the market looking?” you’ll know what to say – and sound smart saying it!
Not only that, the information I’m about to share with you will also give you a valuable clue as to when to buy and sell your stocks.
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Sunday, September 12, 2010
Max Keiser on the Monetary Warfare Between the Bankrupt States of America / Stock-Markets / Financial Markets 2010
This week Max Keiser and co-host Stacy Herbert look at the scandals of no fiscal or monetary bullets left in the bankrupt warfare states of America. In the second half of the show, Max talks to Huffington Post blogger Mike Jensen, in Chicago, about his call for Americans to unite against the emergency in their nation.Read full article... Read full article...
Sunday, September 12, 2010
Marc Faber Says Prepare for October Stock Market Plunge / Stock-Markets / Financial Markets 2010
Marc Faber Says Prepare for October Stock Market Plunge to be followed by a rally into the end of the year. More Quantitative Easing may not please the markets.
Marc as usual continued to recommend Gold, and also expects agricultural commodities to eventually trend higher.
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Saturday, September 11, 2010
Stock Markets At Ideal Consolidation Point / Stock-Markets / Stock Markets 2010
What we really want to key in on here is that of the 60 minute index charts that have served us so well over the past few years.
One look at the S&P 500 and you see the 78.6% Fibonacci level we talked about over the weekend. Yesterday we tagged it and immediately got a downside reaction off of it.
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Saturday, September 11, 2010
Stock Market Rally Getting Ridiculous, Gold Potential Double Top / Stock-Markets / Financial Markets 2010
Elevated unemployment is here to stay. - (Bloomberg) The U.S. economy will slow more than previously estimated through next year as elevated unemployment tempers consumer spending and companies trim investment plans, economists surveyed by Bloomberg News said.
Economists’ dimmer outlook is at odds with that of Federal Reserve Chairman Ben S. Bernanke, who said conditions are in place for a pickup in growth next year. Survey participants also pushed back the timing of the Fed’s first rate increase to the fourth quarter of 2011 from the prior three months.
Friday, September 10, 2010
Behold! A New Stock Market Chart Pattern to Consider / Stock-Markets / Stock Markets 2010
To those of us who consider ourselves 'technical analysts', we are always perusing charts for known patterns to help forecast trend lines. Our world is limited to a relatively few established patterns that have been studied for centuries. However, we must all understand that economies change, markets change, and primary market influences change. It follows that technical patterns should also change and expand.
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Friday, September 10, 2010
Thinking Stock Market Cycles Not Endless Trends! / Stock-Markets / Cycles Analysis
The favorite forecasting tool of economists and investors is to extend whatever are the current conditions and recent trends in a straight line into the future. I was reminded of that by an article in this week’s Bloomberg Businessweek magazine, which began with the following;
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Friday, September 10, 2010
Surmounting the Gold Confiscation or Financial Collapse Scenario / Stock-Markets / Financial Markets 2010
“It is absurd that the United States has a central bank that is more accountable to the financial industry than it is to the public.”“The Rally against Obamacare for the Banks” Dean Baker, The Guardian, 9/23/09Read full article... Read full article...
“…Only liquidation of the biggest banks can enable a recovery, period!! Of course, the process is complicated, especially politically. Actually, it is more than political, since the big banks control the USGovt. The response reaction from gold & silver will give loud messages to systemic failure, as money is wasted, invested in failure, and directed to the elite troughs…
Friday, September 10, 2010
Stock Market Bulls Continue to Run with Strong Foreign Markets and Economic Reports... / Stock-Markets / Stock Markets 2010
The bulls continued to push equities higher, initially supported by gains in foreign markets and optimistic economic reports...
Recommendation: Take no action.
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Friday, September 10, 2010
August’s Insider Trading Augurs Well for Stocks / Stock-Markets / Stock Markets 2010
Larry D. Spears writes: The stock market as a whole just turned in its worst August performance since 2001, with the major indexes posting losses ranging from 4% to 6%. Yet despite those negative numbers, there was one group that didn't act bearish at all - corporate insiders.
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Friday, September 10, 2010
Five Ways to Profit From the World's Safest Economy / Stock-Markets / Canadian Stock Market
Martin Hutchinson writes: I've said it once, and I'll doubtless say it a few dozen more times before the U.S. economy returns to health: Just because you have to endure recessionary conditions doesn't mean that your money has to.
That's the argument I make when I urge Americans to search for investments outside U.S. borders. Ironically, your money doesn't have to travel all that far: What's arguably the world's "safest economy" is actually located just north of the border.
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Friday, September 10, 2010
Stock Market Choppy, Corrective Session / Stock-Markets / Stock Markets 2010
The stock market indices had a very choppy session. They gapped up strongly at the opening, but that was it right there at the highs in the first couple minutes. They pulled back in an orderly fashion, tried to come back on, but when they couldn't get through the highs they rolled over with the sharpest sell-off by mid-day and early afternoon. That stabilized their support and contributed to a snapback rally, which took back about 50%-60% of its losses. However, in the last 15 minutes they rolled over rather hard and pared back the gains somewhat further.
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Thursday, September 09, 2010
Biotech, the Genetics of Investing / Stock-Markets / Sector Analysis
Doug Hornig, Editor, Casey’s Extraordinary Technology writes: If you had a previously incurable genetic condition and scientists came up with a treatment for it, you’d jump at the chance to take advantage. That’s a no-brainer. But what if you had the opportunity to invest in a company deeply involved in just such cutting-edge research?
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Thursday, September 09, 2010
A Few Reasons to Doubt the September Stock Market Rally / Stock-Markets / Stock Markets 2010
After being down for three straight weeks, the market was up for four straight days last week, was down 107 points on Tuesday of this week, but then bounced back 46 points yesterday. So it’s now been up five of the last six days.
The catalyst for the rally has been a few economic reports that were a bit better than Wall Street’s forecasts, mixed in with other reports indicating that economic growth, which slowed to just 1.6% in the second quarter, is slowing further in the 3rd quarter.
Thursday, September 09, 2010
U.S. Jobless Thursday, America’s Infrastructure Crisis / Stock-Markets / Financial Markets 2010
What a disaster!
Not only are our students failing to keep up with the rest of the World but America is close to getting a failing grade in Infrastructure. That’s right, what was once the World’s mightiest and proudest economy, this once great nation of builders has been given an overall grade of D in the American Society of Civil Engineers report on our Infrastructure.
Thursday, September 09, 2010
Stock Markets Cheered by Fall in US Weekly Jobless Claims / Stock-Markets / Stock Markets 2010
US markets, albeit on very low volumes, moved higher upon hump day as sentiment was boosted by a successful Portugal debt auction and talk surrounding further fiscal stimulus measures from the Whitehouse. The premium that investors demand to hold Portuguese 10-year government bonds instead of benchmark German bunds fell to 3.59 percent post the auction, after widening to as much as 3.72 percent earlier, while speculation mounted that Obama will announce an additional $180bn package.
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Thursday, September 09, 2010
Stock Market Heads Higher Led by Financials... / Stock-Markets / Stock Markets 2010
The market is defying all of those newsletters calling for a move lower...
Recommendation: Take no action.
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