Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Sunday, July 11, 2010
Is Gold About To Rocket and SP500 Tank Video / Stock-Markets / Financial Markets 2010
Last week we saw stocks move sharply higher as traders started to cover their short position which added fuel to an already oversold market ready to bounce. Overall volume was not that strong on the move up which is a bearish sign. On Friday afternoon we saw the SP500 continue to move into the $1075 resistance level on very light volume. This indicates to me that buyers are not willing to pay these higher prices because the market has moved up so quickly and the fact that it’s trading at a resistance level.
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Sunday, July 11, 2010
Stock Market Incipient Uptrend / Stock-Markets / Stock Markets 2010
Since last October, we’ve got nothing but a whipsaw market. Trend looks up. Trend looks down. Repeat.
Implicit in this whipsaw is a sideways pattern where it is VERY difficult to make a buck. Implicit in this whipsaw is continued uncertainty over the direction and strength of the economy.
Sunday, July 11, 2010
Stock Market and Gold Summer Correction, Remember White Swans Out Number Black Swans / Stock-Markets / Stock Markets 2010
Seems like every day there is talk about black swans, what about white swans ? Positive developments to the upside ? Since the Stock market has not crashed, collapsed, evaporated into perma- bear abyss targets, it clearly is discounting something positive ? Whilst bears focus on the doom and gloom of double dip recessions, depressions, armageddon's, focusing wholly on the 15% downtrend price action since the April peak, though conveniently forgetting the 70% advance before it. So I will leave Nassim Taleb to See Black Swans everywhere as an excuse for poor analysis rather than anything of any actionable value. I mean Taleb says forecasts are irrelevant but then prances about in the mainstream media issuing economic depression forecasts, perhaps he should read his own book ?
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Saturday, July 10, 2010
Bear Market Rally But No Dow Theory Sell Signal / Stock-Markets / Stock Markets 2010
The Dow theory has certainly been a hot topic of late. Seems that everyone has become a Dow theory expert and the price action into the July 2nd low had everyone tripping over each other to make the call that a Dow theory “sell signal” had occurred. I could not disagree more and I told my subscribers over the weekend that a so-called Dow theory “sell signal” had not occurred and that rather than a melt down, a bottom was expected.
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Saturday, July 10, 2010
SP 500 and Gold More Down Side to Come? / Stock-Markets / Financial Markets 2010
Back on June 30th, I updated my subscribers that I was looking for an interim bounce in the SP 500 from the 1007 Fibonacci Pivot point to about 1071-1074, followed by much further downside. The chart is included here from June 30th for reference:
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Saturday, July 10, 2010
Stock Market Recovery or Trap Door? / Stock-Markets / Financial Markets 2010
The economy may cool as consumers spend less.
(Bloomberg) Economists trimmed their U.S. growth forecasts through the middle of next year, though not enough to show the recovery is in danger of faltering.
Growth in the world’s largest economy will average 2.8 percent from the current quarter through the second quarter of 2011, according to the median estimate of 52 economists surveyed from July 1 to July 8, down 0.1 percentage point from last month.
Saturday, July 10, 2010
Currencies, Crude Oil and Emerging Stock Markets Moves to Build On / Stock-Markets / Financial Markets 2010
Last week, we mentioned stocks could surprise by year-end. Some hopeful signs supporting that thesis are being given in the commodity, currency, and stock markets. Specifically, recent moves in the U.S. dollar, crude oil, Australian dollar, S&P 500, emerging markets, and Sweden provide some additional evidence a double-dip recession is not as likely as some believe.
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Saturday, July 10, 2010
Investor Opportunities via the Intensifying Challenges / Stock-Markets / Financial Markets 2010
“At the moment Germany is pushing its neighbors into deflation; this threatens a long phase of stagnation, leading to nationalism, social unrest, and zenophobia. It endangers democracy.” - George Soros, Die Zeit, 6/23/10
“How about the bill does nothing to break-up the concentration of banking power in this country. The too-big-to-fail banks and other systemically dangerous institutions, that just got bigger with the help of government, are nuclear bombs. And not only that, they are crowding out more productive community banks that won't be able to compete with the giants who want to destroy them…
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Saturday, July 10, 2010
Stock Market Rally With Legs? Give It a Maybe! / Stock-Markets / Stock Markets 2010
In last weekend’s column I noted that the market was again short-term oversold and due for another rally attempt. But I said, “I’m not ready to turn bullish yet. Let’s see the second quarter earnings reports due out next week and how the market reacts to them.”Read full article... Read full article...
Saturday, July 10, 2010
Stock Market Plot Thickens, Time to Reduce Exposure? / Stock-Markets / Stock Markets 2010
The plot thickens for the rally off of Tuesday morning's low at 1003 on the near-term point and figure chart, as the emini S&P 500 makes another marginal new high at 1071. That's the lower portion of my preferred next target zone of 1070-75, but no real selling pressure has emerged just yet that has approached the trigger of a near-term sell signal.
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Friday, July 09, 2010
China SSEC and SPX Trend Divergence / Stock-Markets / Stock Markets 2010
In today’s ever-more interrelated financial world, China’s stock-market action is growing increasingly influential everywhere else. As the globe spins, the results of each day’s stock trading in China often spill over into Europe and then the States to affect sentiment. This impact is universal, but especially pronounced in sectors China plays a major role in like commodities stocks.
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Friday, July 09, 2010
Signs of a Very Sick Stock Market / Stock-Markets / Stock Markets 2010
"The very existence of the state demands that there be some privileged class vitally interested in maintaining that existence. And it is precisely the group interests of that class that are called patriotism." --- Mikhail Bakunin, Russian anarchist
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Friday, July 09, 2010
According to Robert Prechter, Is the World Doomed? / Stock-Markets / Financial Markets 2010
Robert Prechter has another FREE gift on the internet predicting the End of the World (20 Questions For Prechter)
Open that up and you get the Sales Pitch:
Consider these recent forecasts:
Friday, July 09, 2010
Stocks, Commodities and Economy, Baltic Dry Index points to …? / Stock-Markets / Financial Markets 2010
The chart below – courtesy http://www.bloomberg.com/apps/quote?ticker=BDIY:IND – shows that freight prices per ton of dry materials such as iron ore have been falling.
Of course, the chart could just as easily rise as it could continue to fall. This is not a chart of something which is the subject of financial speculation. Therefore, it does not lend itself to technical interpretation.
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Friday, July 09, 2010
Stock Market Investors Inflationville / Stock-Markets / Stock Markets 2010
BIG PICTURE – Today, the economic news is scary and investor sentiment is awful. Therefore, if you are a long-term investor, this is the time to be greedy. Remember, when it comes to investing, nervousness is your friend, comfort your enemy.
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Thursday, July 08, 2010
Stock Market Nothing Black..Excellent Action For The Bulls But Nas Lags.... / Stock-Markets / Stock Markets 2010
We gapped up today after yesterday's big move higher. This was critical for the bulls in that they needed to show follow-through from their big day yesterday. The fact that they gapped things up today was very interesting. A gap up in to the gap existing at Standard & Poor's Depositary Receipts (SPY) 1060. That's not how bear markets behave. You don't gap up in to a pre-existing gap down.
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Thursday, July 08, 2010
Next, Minsky Melt-Up Or Plunging Stock Markets / Stock-Markets / Financial Markets 2010
EXTEND & PRETEND: Stage I Comes to an End
The dog ate the report card
Both came to an end at the same time: the administration’s policy to Extend & Pretend has run out of time as has the patience of the US electorate with the government’s Keynesian economic policy responses. Desperate last gasp attempts are to be fully expected, but any chance of success is rapidly diminishing.
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Thursday, July 08, 2010
Five Reasons Why the S&P 500 Will Hit 1,350 / Stock-Markets / Stocks Bull Market
Matthew Weinschenk writes: If you’ve talked yourself out of buying stocks recently, set aside your fears right now.
Fear is what kept many investors out of stocks when the bull market started in 2002. Seven years later, investors missed out again when the March 2009 bull market got underway.
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Thursday, July 08, 2010
Stock Market Cheer From The Jobless Numbers / Stock-Markets / Stock Markets 2010
So auf wiedersehen Deutschland it is Core (Netherlands) vs PIIGS (Spain) in the World Cup final this Sunday so one thing is clear we will have a new World Champion the 8th after Argentina, Brazil, Germany, France, Italy, Uruguay and England.
S&P500 had its best session in 6 weeks closing up a whopping +3.13% closing at key technical resistance at 1065 with the Vix much more relaxed: 26.84 (prev. 29.65). Asia followed through with the Nikkei +2.6% while the very rosy Australia employment report provided another boost.
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Thursday, July 08, 2010
Investing for Deflation: Reader Asks the Question of the Decade! / Stock-Markets / Stock Markets 2010
Last week, I got an interesting email from a reader:Hi J.D. This is my first email to you. I would like to let you know that I am very impressed with your technical analysis which goes in details yet you keep it simple.
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