Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Saturday, November 28, 2009
The Subprime Dubai Debt Default Crash / Stock-Markets / Global Debt Crisis
Subprime Dubai
More Government Data Fun:
Unemployment Claims Were Not Down
Why I Am Optimistic About the Future
The Millennium Wave
I admit that of late my writings have had a rather dark tone. There are certainly a number of severe long-term problems that we must deal with, and they're going to serve up a lot of economic pain. But the Thanksgiving weekend with the kids has me in a reflective mood, and one that has only served to underscore my long-term optimism. This week we look at why 2007 will not be the good old days we will yearn for in 20 years, after we briefly visit Dubai and the latest unemployment numbers.
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Saturday, November 28, 2009
Dump the Dow, Stock Market Bullish Trend Under Growing Pressure / Stock-Markets / Stock Index Trading
My crusade this week is to get financial analysts to stop focusing on the Dow Jones Industrial Average is the most important symbol of the US stock market. In the ticker tape parade everyday on CNBC, I would much rather see the S&P 500, the NASDAQ, and the Russell 2000 rather than the Dow.
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Saturday, November 28, 2009
Stocks Market Bearish Visions / Stock-Markets / Stocks Bear Market
There are, in my opinion, some extremely strong warning signals being sent out by the markets right now. Every time we delay the inevitable by artificially supporting and bailing out markets, we create the set up for the next round of volatility. Governments cannot change the primary trend of the economy, they can only destroy the currency and destroy confidence through their irrational and dangerous acts designed to protect the few and screw the majority.
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Friday, November 27, 2009
Dubai Drops a Turkey on Global Financial Markets! / Stock-Markets / Global Debt Crisis
This was shaping up to be such a calm and enjoyable Thanksgiving week.
A lot of important economic reports were crammed into the first three days of the week. Most of them provided positive surprises, supporting the scenario of a nicely improving economy. It wasn’t good that the economic recovery in the third quarter wasn’t as strong as previously reported, with 3rd quarter GDP being revised down to 2.8% from the previously reported 3.5%.
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Friday, November 27, 2009
S&P 500 Temporarily Falls to 20 Day Moving Average, Russell 2000 Back to "Broken" / Stock-Markets / Stock Index Trading
Overnight, S&P futures had fallen all the way down to 1070, but as has been the case so many times the past year furious buying in premarket pushed the market higher in the 2 hours before the US markets opened. Hence domestic markets launched far above the worse levels overnight. The S&P has jumped as I write all the way back up to test its 20 day moving average from below (1090)...
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Friday, November 27, 2009
Flashback: Head of FDIC Says ‘The FDIC will never go broke’ / Stock-Markets / Credit Crisis 2009
Flashback: On January 15, 2009, the head of the Federal Deposit Insurance Corporation, Sheila Bair, insisted that deposits in American banks were secure:
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Friday, November 27, 2009
Fed in Denial on Existence of Asset Bubbles / Stock-Markets / Liquidity Bubble
Ever see one of those “See no evil, hear no evil, speak no evil” statues or pictures? The ones with the three monkeys, one covering his eyes, one covering his ears, and one covering his mouth?
That’s pretty much what the Federal Reserve appears to be doing now when it comes to the asset markets …
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Friday, November 27, 2009
Is This The End of The Stock Market Rally? / Stock-Markets / Stock Index Trading
There are really no isolated incidents in the world. Today we are waking up to the news that Dubai might be defaulting on its debt. Stock Markets around the world are plummeting. There are many other issues that hardly made the news. Firstly Vietnam devalued their currency and their populace as Mark Mobius has coined the statement has entered into a “Surge of Fear”. There is confusion and uncertainty once again. Vietnam raised interest rates to try to lower inflation.
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Friday, November 27, 2009
The Goldman Sachs Disease Is Spreading, 15 Signs of Metastasization / Stock-Markets / Market Manipulation
In The Battle for the Soul of Capitalism Jack Bogle no longer sees Adam Smith's "invisible hand" driving "capitalism in a healthy, positive direction."
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Thursday, November 26, 2009
Rothbard on the Financial Panic Then and Now / Stock-Markets / Credit Crisis 2009
Murray Rothbard's Panic of 1819, written for his dissertation and originally published in 1962, provides a window to an era when there was once a vibrant and well-articulated public debate on monetary policy measures. Fortunately, it was rereleased by the Ludwig von Mises Institute in hardback in 2007.
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Thursday, November 26, 2009
U.S. Dollar Break Triggers Sharp Moves in Financial Markets / Stock-Markets / Financial Markets 2009
Wow
Wednesday break of the dollar triggered a lot of strong moves...
Thursday, November 26, 2009
FTSE Stock Market 175 Point Mini Crash on Dubai Debt Default Fear / Stock-Markets / Financial Crash
With the U.S. markets closed for Thanksgiving, the London FTSE 100 Index fell out of bed during the day, met by two relentless waves of selling, apparently on news of the possible debt default of the Dubai government run companies, namely Dubai World freezing debt repayments which sent shock waves around the world. The news was not helped by the London Stock Exchange shutting down during the morning due to technical glitches.
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Thursday, November 26, 2009
Stock Market Grinding Higher... / Stock-Markets / Stock Index Trading
The market got some very good and unexpected news on jobless claims this morning coming in at 466,000 versus expectations near 500,000. There was also the Report on Durable Goods that wasn't nearly as positive. The market popped initially on the Claims Report but pulled back thereafter. There was a small gap up once we opened. The rest of the day was spent in a small trading range. One that grinded higher throughout but in very tiny bursts. We closed right on 1110 resistance. Good action for what's known to be a retail day higher for the market.
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Wednesday, November 25, 2009
The Financial Markets Liquidity Bubble Religion / Stock-Markets / Liquidity Bubble
The dreaded “L” word – liquidity – has once again become the word to explain every major movement in every major asset class. Don’t understand why equities are outpacing the fundamentals – liquidity! Can’t grasp why crude oil is up even though the demand outlook remains exceptionally weak – liquidity! Baffled by low or negative U.S. bond rates, the surging price of gold, and the booming Chinese real estate market - liquidity, liquidity, liquidity!
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Wednesday, November 25, 2009
Crunch Time for the Banking Cartel / Stock-Markets / Market Manipulation
Who Wins the Great War? - “Just over a year ago, the United States underwent a seemingly radical change, seemingly overnight. Its financial system had been revealed as insolvent under the weight of huge liabilities and worthless assets. The government refused to allow all the bankrupt institutions to fail, and thus permit the market to do its job of purging the rot from the system.
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Wednesday, November 25, 2009
Danger and Opportunities for the Stock Market, Gold and U.S. Dollar / Stock-Markets / Financial Markets 2009
Gold is now pushing deeply into critically overbought territory on its RSI indicator, so consolidation/correction can be presumed to be imminent. Look for the gap with the 20-day moving average, shown on our 1-year chart (the green line), to be closed in the near future.
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Wednesday, November 25, 2009
Barry Ritholtz, Bad Economy Could Spell Good News For Wall Street for Years / Stock-Markets / Financial Markets 2009
It has been a very typical Thanksgiving week thus far; remember the winning percentage on Wed & Fri around Thanksgiving Thursday is over 80% since 1950. So the indexes have been up each day this week, and speculative fervor has hit pockets of the small cap, speculative universe. It's textbook action. All the computers are waiting on for now, is that break over S&P 1112-1113 so we can all pile in like lemmings for the next leg up.
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Wednesday, November 25, 2009
Marc Faber Sees Financial Crash and War Against an Invented Enemy / Stock-Markets / Financial Crash
Inquiring minds are reading in his gloomiest prediction yet, Marc Faber sees big financial bust leading to war.
Read full article... Read full article...Marc Faber, the Swiss fund manager and Gloom Boom & Doom editor, said eventually there will be a big bust and then the whole credit expansion will come to an end. Before that happens, governments will continue printing money which in time will lead to a very high inflation rate, and the economy will not respond to continued stimulus.
Tuesday, November 24, 2009
Stock Market Trend a Tale of Three Cycles / Stock-Markets / Cycles Analysis
Has the market made a major low that will last for years, or are new lows in the cards, lets take a look.
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Tuesday, November 24, 2009
Stock Market Indices Consolidate Early Surge and Close Strong / Stock-Markets / Stock Index Trading
The markets had a very strong start to the week with a huge gap up at the opening and ran very sharply higher early on as shorts got hammered. They tested the highs on the S&P 500, reaching up to 1112, just 1 1/2 points or so from its 2009 peak. At that point the Nasdaq 100, which did reach over 1800, got 12-13 points from its high and slightly negatively diverged. They then backed off, gave back a good chunk of the gains, stabilized by mid-afternoon, and then in the last 25 minutes came on again with a surge and padded the gains.
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