Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Friday, August 27, 2010
Stock Markets Rise On Higher Than Expected U.S. GDP Q2 Growth / Stock-Markets / Stock Markets 2010
Stocks Rise On Higher Than Expected US GDPUS stocks were up Friday, sending the Dow Jones back above the 10000 level after numbers for US GDP Q2 economic growth were slightly above analysts expectations. The Dow climbed 44 points, or 0.4 percent, to 10030 on the news. The Dow closed below the psychologically important 10000 mark on Thursday for the first time since early July, due in part to jitters ahead of Friday morning’s report on gross domestic product.
Read full article... Read full article...
Friday, August 27, 2010
Why Mergers and Acquisitions Activity Is Heating Up / Stock-Markets / Mergers & Acquisitions
Jeff Manera writes: The markets have been taking a beating over the past few weeks. Plunging existing home sales, disappointing jobless claims and weak manufacturing activity numbers are to blame.
Read full article... Read full article...
Friday, August 27, 2010
Stock Market Bulls Rally and Bears Pounce... / Stock-Markets / Stock Markets 2010
The major indexes rally attempt is shut down by pessimistic bears...
Recommendation: Take no action.
Read full article... Read full article...
Thursday, August 26, 2010
The Upcoming Stock Market 4-year Cycle Bottom / Stock-Markets / Cycles Analysis
Many observers have been wondering if the upcoming 4-year cycle bottom in a few weeks will exert a negative impact on stock prices when the previous 4-year cycle bottom in 2006 barely registered. You may recall that the period from August through December of 2006 saw a stellar performance from the market that left many market technicians perplexed as to why the 4-year cycle bottom left no discernible impact on stock prices at that time. Many of them tried to excuse the lack of downward bias in the broad market in the fall of ’06 by saying that the 4-year cycle would bottom later that year, despite the fact that the 4-year cycle is fixed and always bottoms around the end of the third quarter in late September/early October.Read full article... Read full article...
Thursday, August 26, 2010
Hindenburg Omen - A More Balanced View / Stock-Markets / Financial Crash
In the last few weeks, Wall Street has been spooked by a technical occurrence know as the Hindenburg Omen. The basis for the concern is we have recently seen both relatively high numbers of new 52-week highs and new 52-week lows. Wikipedia has a good summary of the Hindenburg Omen calculations.
Read full article... Read full article...
Thursday, August 26, 2010
Stock Market Bulls Weigh In... / Stock-Markets / Stock Markets 2010
European markets and Asian markets slide but bulls buy after gap down open...
Recommendation: Take no action.
Read full article... Read full article...
Thursday, August 26, 2010
Time to Invest in Russia? / Stock-Markets / Russia
Martin Hutchinson writes: Of all the unpleasant societies in which to live, Vladimir Putin's Russia is among the nastiest. Journalists and businessmen disappear, a knock on the door at 3:00am can prove fatal, and nothing gets done without endless side-payments to obscure fixers.
Read full article... Read full article...
Thursday, August 26, 2010
Stock Market S&P 1050 Holds For Now.... / Stock-Markets / Stock Markets 2010
Not great, but if the bulls want to exhale now is the time to do so. If this level is lost on a closing basis it's not good, especially if it's lost with some force behind it. We certainly did lose it intra-day, but the market started to get oversold, and thus the usual rally ensued. Not a great rally. Nothing earth shattering and nothing to hang your longer-term bullishness on, but at least the bulls can say they held the line in the sand on the S&P 500 for one more day.
Read full article... Read full article...
Wednesday, August 25, 2010
Stock and Commodity Markets Discounting Deflationary Depression Second Wave / Stock-Markets / Financial Crash
Yesterday we saw that existing home sales fell 27.2% in July, more than twice the expected drop, and today we see that existing home sales fell 12% in July when the expectation was for no change. Today’s drop was the worst on record. This is the type of behavior you would expect to see during a depression and that is precisely where the economy is headed. The talking heads on TV are in denial but you can hear the doubt creeping into their conversations.
Read full article... Read full article...
Wednesday, August 25, 2010
Recession Double Dippers In The Ascendancy / Stock-Markets / Stock Markets 2010
US stocks declined Tuesday, sending the S&P 500 Index to a seven-week low, as a record plunge in home sales cast further doubt on the viability of the economic recovery as the battle between “moderators” and “double dippers” is currently being won hands down by the latter. Existing US home sales where a real horror show – resales dropped a record 27.2 percent–nearly twice as much as analysts had expected–to an annual rate of $3.83 m in July, the National Association of Realtors said Tuesday. Meanwhile, inventories rose to 12.5 months from 8.9 months in June, pressuring already depressed home prices. Inventories are at their highest level in more than a decade.
Read full article... Read full article...
Wednesday, August 25, 2010
Tuesdays Ugly Stock Market Trading, S&P Lowers Irelands Credit Rating / Stock-Markets / Stock Markets 2010
European markets slide significantly as worries over debt continue to be a concern...
Recommendation: Take no action.
Read full article... Read full article...
Wednesday, August 25, 2010
The Stock Market Has Become Fatally Expensive, Devaluation Wave Could Push Stocks To March 2009 Lows / Stock-Markets / Stocks Bear Market
As I said in last week’s column, liquidity indicators and leading economic indicators have deteriorated quickly since March. At the same time sentiment indicators reached levels usually seen at stock market highs. All three are the main components of my forecasting model.
Read full article... Read full article...
Wednesday, August 25, 2010
Hindenburg Omen Redux, How Dire Is It Anyway? / Stock-Markets / Financial Crash
The Hindenburg Omen was triggered again last week, as reported by the WSJ MarketBeat. This is the second time this month since its first occurrence on Aug. 12. For those not familiar with the term, the Hindenburg Omen is essentially a combination of four bearish technical indicators on the NYSE occurring on the same day, which would signal increased probability of a stock market crash.
Read full article... Read full article...
Wednesday, August 25, 2010
Stock Market Underlying Support Fades / Stock-Markets / Stock Markets 2010
Following the August 18 Market Minute titled "S&P participation remains weak", underlying support for the S&P 500 has deteriorated during the last few days. On August 18, the percentage number of advancing stocks within the broad-based index had fallen to 50%. In contrast, at the peak of the bull advance in April, that percentage number was over 75%.
Read full article... Read full article...
Wednesday, August 25, 2010
A Squeeze on the NYSE 'New Highs'? / Stock-Markets / Stock Markets 2010
Conditions are getting close to a decision point on the New York Stock Exchange's daily New Highs.
On June 29th, the New Highs had hit a low and started an ascent that lasted until August 2nd. when they peaked and started trending down.
Read full article... Read full article...
Tuesday, August 24, 2010
The Stock Market Crash Hindenburg Omen, Omen-ous or Not? / Stock-Markets / Financial Crash
Elliott Wave International Chief Market Analyst Steve Hochberg Sheds Light on a Feared Technical Indicator
On Aug. 12, volatile market action coincided with a technical signal called the Hindenburg Omen, whereby a relatively high number of new highs and lows in individual stocks occur at the same time.
Read full article... Read full article...
Tuesday, August 24, 2010
Stock Market Technically Troubling Tuesday / Stock-Markets / Stock Markets 2010
We finally blew our levels!
Sadly, it’s time to flip bearish until we can retake our watch levels at Dow 10,200, S&P 1,070, Nas 2,200, NYSE 6,800, and Russell 635. If we can’t retake at least 2 of them today, we may be seeing 2.5% drops back to Dow 9,945, S&P 1,043, Nas 2,145, NYSE 6,630 and Russell 619. Since the Russell already blew 619 we have to consider the possibility of even a test of our 5% lines at Dow 9,690, S&P 1,016, Nas 2,090, NYSE 6,460, and Russell 603.
Tuesday, August 24, 2010
CRH Profit Warning Spooks Building Materials Stocks / Stock-Markets / Stock Markets 2010
The early doors M&A optimism faded Monday into the US close with the S&P 500 (-0.40 percent) closing at the lows for the session and at 5-week lows as fresh concerns the economy may return to recession overshadowed speculation takeovers will accelerate. Caterpillar and Cisco Systems both lost at least 2.5 percent to lead the Dow Jones Industrial Average lower. Hewlett- Packard shed 2 percent after offering to buy 3Par Inc., sending the data-centre software company’s shares up 45 percent while Potash Corp. of Saskatchewan climbed for a sixth day on speculation the fertilizer maker will get a higher takeover bid.
Read full article... Read full article...
Tuesday, August 24, 2010
Stock Market Mergers and Aquisions Buzz Fades... / Stock-Markets / Stock Markets 2010
The optimism that powered pre-market trading faded as the bulls can't sustain any sort of momentum...
Recommendation: Sell shares of DIA, QQQQ, and SPY at market fifteen minutes after the open. This will leave us in cash but we believe that equities will bounce due to their large gap down open.
Read full article... Read full article...
Tuesday, August 24, 2010
Stock Market Losing Session Closes Near Key Support / Stock-Markets / Stock Markets 2010
The stock market indices ended mixed on the day today after a mid-day and afternoon rally brought them back from early losses. The S&P 500 and Nasdaq 100 opened lower, tried to bounce in the morning, but then gave it up. They hit new lows for the entire decline on the SPX down around 1063.90. At that point the NDX held near yesterday's lows around 1811, and without getting any further downside follow-through, the indices began a snapback. When the morning rally highs were taken out they extended that rally, but backed and filled in the last hour. They backed off, particularly in the last few minutes, to remain negative in the blue chips, but the NDX managed to stay positive today.
Read full article... Read full article...