Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Wednesday, June 30, 2010
Stocks, Gold, Commodities and Forex Markets Trend Analysis / Stock-Markets / Financial Markets 2010
Hello All,
We had quite a day on Tuesday. Gold started out getting smashed, then recovered. The recovery may have been due in part to the Stock Indices crashing. Even with a $20 recovery from its lows, I expect we'll see lower prices in the (near) future. I was surprised to see the Gold recover without taking out the rest of the stops (arrows pointing at the lows of the bars) that hang in a row just below the market, down to about the 1212.1 area. In the short term, it's going to take some real strong new (panic) buying to move it up much further than Monday's highs of 1246.0. One thing that comes to mind might be some anticipation or result of the Unemployment Report on Friday.
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Wednesday, June 30, 2010
Stock Market Extremely Negative Session / Stock-Markets / Stock Markets 2010
The stock market indices got smacked hard, particularly at the opening when they gapped down big time, dropped sharply right after the opening gap, and did try a snapback rally which failed at initial resistance. That was the best they could do all day.
During the rest of the day they stair-stepped lower, tested, bounced a couple times, but then rolled over in the last hour only to bounce in the last 10 minutes to bring them off the lows, but still an extremely negative day.
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Wednesday, June 30, 2010
Strong Day For The Stock Market Bears... / Stock-Markets / Stock Markets 2010
Why? Because the 60-minute charts, which were oversold are no longer oversold, yet there was no upside action as things wound back up. You want to see the market blast up from oversold on those 60-minutes charts. We went from stochastic's below ten to over sixty, yet the S&P 500 wasn't even higher today. Ominous at best. This is what happens in reverse in bull markets. We get overbought yet things unwind with very little price depreciation. With this move showing almost no price movement to the upside the bears have the bulls where they want them. No excuses from here.
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Tuesday, June 29, 2010
How To Handle A Bad Day In The Stock Market / Stock-Markets / Stock Markets 2010
Look at the charts below, Are we closer to support or resistance? Given we are at a support level do you really want to stop out of everything here? Not us. We’ll let the dust settle, manage our positions (of which most all are still intact) and see what happens with support. Then we’ll make some decisions, but not here.
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Tuesday, June 29, 2010
Does This Chart Spell Doom for the Stock markets? / Stock-Markets / Stock Markets 2010
Make no mistake about it, last week was a very important week for the stock market. Looking on the weekly equity charts, you will see one of the most powerful Japanese candlestick lines. This one line on the chart indicates that there could be some major problems ahead for the stock market.
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Tuesday, June 29, 2010
The China Syndrome Has Stock Markets Seeing Red / Stock-Markets / Stock Markets 2010
European bourses opened in the red Tuesday taking their cue from the Asian action overnight (Shanghai was down 4.3%). Investors were shocked when the Chinese conference board corrected its April gauge for the outlook of China’s economy. The index of Chinese leading economic indicators rose just 0.3% in April, so, far less than the 1.7% previously reported on June 15th due to a “calculation error” thus fuelling fears that the Chinese economy may be slowing at a much faster rate than the central government intended.Read full article... Read full article...
Tuesday, June 29, 2010
Derivative Monster Alive and Kicking Despite Financial Reforms / Stock-Markets / Derivatives
Anyone who thinks the new financial reform law will save us from the next debt disaster must be dreaming. Here are the facts …
Fact: The U.S. derivatives that helped cause the last debt crisis are merely being shifted around like deck chairs on the Titanic.
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Tuesday, June 29, 2010
How to Use Stock Options to Insure Your Holdings Against Short-Term Pullbacks / Stock-Markets / Options & Warrants
Larry D. Spears writes: Stock options are among the most versatile tools available to investors. They can be used as a low-cost way to speculate on expected price movements, generate added income on stock holdings, and to lock in gains on profitable positions or hedge against market reversals.
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Tuesday, June 29, 2010
Is it Finally Time to "Buy" Japanese Stocks? / Stock-Markets / Japanese Stock Market
Keith Fitz-Gerald writes: KYOTO, Japan - Japan's Nikkei 225 is half the relative price of the U.S. Standard & Poor's 500 and is the cheapest that it's been in nearly three decades. This has led many Western analysts to conclude once again that it's "time to invest" in Japan.
I don't "buy" it - and you shouldn't, either.
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Tuesday, June 29, 2010
Stock Market Downtrend Still Intact / Stock-Markets / Stock Markets 2010
The stock market indices ended the day on a sour note, slightly in the negative column, but spent the day vacillating. The day started out with a move down to new lows on the Nasdaq 100; however, the S&P 500 did not confirm that. When that occurred, they staged a strong snapback rally, but could not quite get above the late Friday afternoon's highs, then pulled back in an orderly fashion over the next couple hours. With a couple hours to go, the indices bounced back up to the declining tops line, but couldn't get through, and rolled over the last hour or so, pulling back to close near the afternoon lows.
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Monday, June 28, 2010
Financial Markets React to G20 Confusing Conclusion / Stock-Markets / Financial Markets 2010
We’re going to cut those deficits… As soon as we’re done spending more money!
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Monday, June 28, 2010
Stock Market Investor Sentiment Story Continues / Stock-Markets / Stock Markets 2010
When we last looked at investor sentiment, I had noted that bearish sentiment (i.e., bull signal) had given way to a more neutral reading. In essence, equities would need to rise on their own merit, and with the fundamental storm clouds gathering - i.e., talk of a double dip recession is escalating -it is not clear to me what the drivers for higher prices will be. Nonetheless, the market's inability to stage a rally at this juncture here is important as failed signals carry significance.
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Monday, June 28, 2010
S&P Chart Set Up For Reaction to the G20 Austerity Summit / Stock-Markets / Stock Markets 2010
Tonight’s Charts of the Week video looks at how the emini S&P chart is set up for overnight trading in reaction to the G20 summit amid concerns that the summit succeeds in creating austerity measures that don’t cripple the economic recovery. It also looks at how key financial stock charts are set up to react to developments in the financial reform bill that could negatively impact these stocks.
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Monday, June 28, 2010
An Austere G20 Impresses the Markets For Now / Stock-Markets / Stock Markets 2010
Markets certainly have slipped into full summer slumber mode this Monday, but to recap on Friday’s action which saw U.S. stocks tread water but managing to marginally trim the biggest weekly S&P 500 drop since May, as banks popped higher after Congress water down the financial-reform bill. JPMorgan, Bank of America and Goldman Sachs led S&P 500 financial shares to a 2.8% percent gain after congressional negotiators agreed on reform that doesn’t ban hedge-fund and buyout-fund investing. Moody’s Corp. surged 6.8% as lawmakers agreed to modify legislation that would have made it easier to sue credit-rating companies. Newmont Mining rose 4.6%as commodities prices gained on a U.S. dollar decline.
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Monday, June 28, 2010
Can Stocks Bulls Lift a Market Threatened By Economic Stimulus Uncertainty? / Stock-Markets / Stock Markets 2010
Jon D. Markman writes: Stocks spilled the past week like water over a broken dam as investors priced in more evidence that consumers, businesses and home-buyers have gone on strike despite U.S. stimulus measures and record-cheap interest rates that have put mortgages, car loans and store-credit costs at 100-year lows. In the five-day span, the Dow Jones Industrial Average fell 2.5% and the Standard & Poor's 500 Index sank 3.6%; Nasdaq and Russell 2000 Index all fell 3.2%.
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Monday, June 28, 2010
The Technical Traders View on Gold, SPX and Financial Sector / Stock-Markets / Financial Markets 2010
It was a non stop sell off last week in equities as the SP500 sold down 4 days straight with a small move up on Friday. While investors were cashing out of stocks, we saw that money move into the big shiny yellow safe haven – Gold.
I have put together a short video showing you how I see the market and what I think is likely to happen this week for gold, stocks and financials. But here are my Cole’s Notes version incase you cannot view the video.
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Sunday, June 27, 2010
Weekend Market Take, Those Terrible Unions, Greed is not Good and This is Theft / Stock-Markets / Financial Markets 2010
I very much liked Liz Ann Sonders’ take on the markets, she not only has a nice video presentation but there’s a slide show to go with it so kudos to Schwab for providing some very serious value to their clients. Liz has coincident indicators (#6) going up nicely and makes an excellent point about where we are in the norms of recessions past (#8 which is based on recessions between 1950-2010 and annualized Q/Q % change for real GDP. Post-recession growth represents maximum growth one year following recession end):
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Sunday, June 27, 2010
Stock Market Summer Rally or Summer Slump?, MortiES’ Weekend Update / Stock-Markets / Stock Markets 2010
This is the weekend analysis that my premium subscribers received. That is the question! I can make a case for either scenario, but the most recent data that ES has been giving us is Bearish. Not because the market is going down, but because the structure of the market is Bearish.
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Sunday, June 27, 2010
Stock Market Bad Week, Nasdaq Doji, Weekly Bearish Engulfing Candles...... / Stock-Markets / Stock Markets 2010
A week where stocks are down nearly 4% across the board would have to be considered a bad week for the markets. But point losses alone don't necessarily tell the whole or the true story. The question to ask is whether the move down this week is a harbinger of things to come. I will explore this in as much detail as possible.
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Saturday, June 26, 2010
UK FTSE 100 Stock Market Index in Trouble, Further Collapse Warning / Stock-Markets / UK Stock Market
London's FTSE is in deep trouble. New Developments in the Bearish case this week are that the FTSE is forming a Bearish Flag pattern, and has nearly completed the Flag portion of this pattern. Flags fly at half mast in this pattern, meaning the depth of the decline that led into the flag will be the same as the depth of the decline from the flag. This gives a downside target of 4,300ish.
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