Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Wednesday, May 12, 2010
Robert Prechter's Stock Market Trend Forecast 2010 to 2016 / Stock-Markets / Stock Markets 2010
The following article is excerpted from Robert Prechter's current issue of the Elliott Wave Theorist. For a limited time, you can Download the full 10-page issue, FREE.
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Wednesday, May 12, 2010
Stock Market Pessimism Pouring In...20's/50's Cap The Top...Mixed Tape... / Stock-Markets / Stock Markets 2010
There are many things to talk about tonight. We can look at the very short-term and extend out to the medium and even somewhat longer-term to see if there are any important messages out there we need to pay close attention to. When we look at the short-term we see that the market did a perfect back-test of the 20- and 50-day exponential moving averages before failing late in the day. Normal and anticipated action.
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Wednesday, May 12, 2010
Stock Market Trading Brave or Stupid? / Stock-Markets / Stock Markets 2010
Two thirds of all trading on the NYSE is algorithm trading by hedge funds – some, with advance information because of the location of their computers – effectively trading as quasi insiders. Timing is in seconds. To understand what is happening we need to stand back to see the “Secondary” and “Primary” trends.
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Wednesday, May 12, 2010
Has the Stock Market Trend Changed? / Stock-Markets / Stock Markets 2010
This is one of our models that we post weekly instead of daily on our paid website. Its purpose is to focus more on medium term trends rather than trading. Since the old adage of "don't fight the trend" has been and still is good advice, we will look at what this trend model is showing for the S&P 500 today.
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Tuesday, May 11, 2010
Stock Market 2008 Deja Vu All Over Again? / Stock-Markets / Stock Markets 2010
Does anything about this ride feel familiar?
Oh yes, that’s right - good old 2008, when the "minor correction" of 2007 was behind us and the Dow rallied back from 11,500 to 13,200 based on stimulus packages, fake economic data and even faker earnings reports where banks, builders, automakers and retailers all lied, lied and lied (or perhaps they were just totally, densely ignorant) about their outlook and their operations and CNBC et al lied to investors and told them to BUYBUYBUY while the smart funds were SELLSELLSELLing as fast as they could.
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Tuesday, May 11, 2010
Nassim Taleb Kills $20 Billion Mythical Black Swan, WSJ Credibility Crash / Stock-Markets / Financial Markets 2010
A May 2009 European GQ article featured an extraordinary "quote" from Nassim Nicholas Taleb about gains made for clients he advises and "screwing" banks during the financial crisis:
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Tuesday, May 11, 2010
E.U. Bailout Stock Market Hangover Sets In / Stock-Markets / Stock Markets 2010
U.S. stocks rallied hard Monday with benchmark indexes advancing the most in more than a year, after European policy makers announced a loan package of almost $1 trillion to contain the sovereign-debt crisis. The VIX, tumbled 30% the biggest drop in its two-decade history. Insurers performed well as they hold bonds tied to banks in Greece and Portugal. Homebuilders were strong after John Paulson estimates a 3%-5% gain in the housing market in 2010 and an 8%-12% in 2011. McDonalds (+3.8%) after a 4.9% increase in April sales helped by growth in Europe and Australia
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Tuesday, May 11, 2010
Stock Indices Rally on Huge Up-Gap / Stock-Markets / Stock Index Trading
The indices had a fantastic start to the week with a huge gap up at the opening due to foreign markets being sharply higher and futures very sharply higher. The indices ran a little bit from there, and then backed and filled the rest of the day until the last 40 minutes or so when they came on and closed near the highs for the day going away. A very impressive showing, leaving big gaps behind on the indices.
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Tuesday, May 11, 2010
Europe's Shock and Awe Bailout Impact on Bonds, Stocks, Gold and Currencies / Stock-Markets / Financial Markets 2010
Brother Can You Spare a Trillion? - In what has now become the normal in expectations, European policy makers have announced a 750 BILLION EURO bailout policy late Sunday evening in defense of the Euro currency and a show of force between the USA FED, the European Central bank, the Bank of Japan, the Bank of Canada and the Bank of England.
In a nutshell they will buy bonds and will intervene in markets and "do what they have to" in order to avoid a meltdown. This is akin to the USA bailout of 1 Trillion dollars. This will only buy time, but it is all that can be done right now. For the moment the term being touted this Monday morning is "putting a floor on risk assets”. This time they mean stocks and bonds and not commodities.
Tuesday, May 11, 2010
Is the Stock Market Correction Finished? / Stock-Markets / Stock Markets 2010
The swift and powerful market decline last week pushed many key indicators into oversold or near levels where reversals normally occur. Though the pullback in equity indexes was expected, the magnitude was not. Models have been forecasting a retracement in late May to early June since April. Please see the April newsletter in the Equity section.
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Tuesday, May 11, 2010
Stock Market Gap Up ..No Blacks..P/C High All day...Solid Day For Bulls.... / Stock-Markets / Stock Markets 2010
Well, what day for the bulls. The EU and the IMF got together over the weekend and supplied all the bad European economies with one trillion dollars of funds to make sure no one defaults and that everyone is happy. What's a mere trillion dollars amongst friends.
The new world order is everyone is too big to fail. If you're big that is.
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Monday, May 10, 2010
Flash Stock Market Crash and the Most Important Wealth-Protection Step You Can Take / Stock-Markets / Financial Crash
Tom Dyson writes: They're calling it the "Flash Crash"...
With a market cap of $25 billion, Accenture is one of the largest technology, consulting, and outsourcing companies in the world. For a few minutes on Thursday, Accenture's stock price fell to zero. Its stock market value literally vanished.
Monday, May 10, 2010
Europe Shocks the Markets by Firing Bazooka at Sovereign Debt Crisis / Stock-Markets / Articles
French President Sarkozy wasn’t kidding when he promised to shock the markets with a series of measures aimed at containing the sovereign debt crisis. Europe got the bazooka former U.S. Treasury Secretary Paulson always wanted. German chancellor Merkel and European Central Bank (ECB) President Trichet control the bazooka’s safety. What are the implications for liquidity and solvency issues? The euro and U.S. dollar?
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Monday, May 10, 2010
Does Today’s Stock Market Gap Up Change Everything? / Stock-Markets / Stock Markets 2010
Does this change everything? Maybe and maybe not. It’s too soon to tell. But what we can tell you is that today’s news driven event has averted a full blown meltdown and has now taken the indexes back up to overhead supply and resistance levels. A lot of individual names are also showing this. So that said, we’re not going to say we are out of the woods just yet as we are pushing some resistance.
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Monday, May 10, 2010
Global Stock Markets Topping Chart Patterns / Stock-Markets / Stock Markets 2010
In our Charts of the Week video this week, we cover last week's plunge and what the S&P 500 chart looks like, and then we review charts globally, which is the focus of our transcription below. The rest of video covers metals like copper and gold, and individual charts, including Apple (AAPL), Cree (CREE), Ford (F), Cliffs Natural Resources (CLF), Intel (INTC), Simon Property (SPG), Freeport-McMoRan Copper & Gold (FCX), Alcoa (AA), and Wal-Mart (WMT).
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Monday, May 10, 2010
"Banging" the U.S. Stock Market / Stock-Markets / Market Manipulation
Chicago residents grew up to the sound of local early morning radio rundowns of pork belly futures and other exchange traded commodities. Every trick in the book from manipulation of soybeans to silver has played out in Chicago's trading pits. Every market professional I've talked to in Chicago since Thursday is of the same opinion. It makes no difference whether human beings or computers are front running and manipulating trades. The gyrations in the market last week have the look and feel of classic market manipulation.
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Monday, May 10, 2010
Stock Market SPY Projection / Stock-Markets / Stock Markets 2010
We were in front of this latest downdraft and also correct in my bullish projections for Gold at the same time. Gold has hit 1210, the SPY has hit sub 113, which was the initial area for a minimum bottom. We have to put aside some of the computer related problems and look at around 110-111 as the recent bottoming areas on the SPY ETF.
Monday, May 10, 2010
The Dangers of Quant Computer Trading Models, Dow's 1000 Point Drop Prime Example / Stock-Markets / Financial Crash
"Build a system that even a fool can use, and only a fool will want to use it." ~ George Bernard Shaw, 1856-1950, Irish-born British Dramatist
The initial trigger for the drop in the Dow was probably due to fears that the Greek crisis was going to spread. One could credit this for 300 or maybe even a 400 point drop in the Dow; however, a 1000 point drop is quite another matter.
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Monday, May 10, 2010
Stocks Limit Up, VIX Plunges Most on Record, Goldman Sachs Announces Perfect Quarter / Stock-Markets / Financial Markets 2010
Today in response to an unprecedented $1 trillion Euro aid package (see Shock and Awe Part II; Fed Joins the Battle; Short Squeeze Coming, Then What?), futures opened lock limit up and the NYSE Invoked Rule 48 to Suspend Price Indications Before Open.
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Monday, May 10, 2010
E.U. Bailout To the Rescue Sends Stock Markets Soaring / Stock-Markets / Stock Markets 2010
Well the cavalry finally arrived and better late than ever. In as dramatic a U-turn as we’ve witnessed in financial markets history the EU goes nuclear with a 3D type of unprecedented measures to remove the threat of global contagion. This is the mother of all aid plans that dwarfs previous leaks and speculation in a show of steadfast political determination to stop the rot.
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