Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Thursday, April 30, 2009
Stocks Piggy Back Rally on the Fed FOMC Statement / Stock-Markets / Financial Markets 2009
Despite a horrific headline GDP number yesterday, the market was encouraged by the entrails, which showed consumer expenditure up by more than expected and a massive drop in inventories (which of course is required to find a new equilibrium between supply and reduced demand). The Fed also chimed in with some cheer with a more upbeat tone in their FOMC statement, while Starbucks beat street estimates. I assume the mood for the day was that the Armageddon story is off.
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Thursday, April 30, 2009
Stock Market Another Solid Up-Session / Stock-Markets / Stock Index Trading
The indices had another solid up-session, although they came way off their highs in the last hour after the FOMC announcement's brief spike-up rally.
The day started out with a gap up. They motored strongly all morning, backed and filled mid-day but held support, and then came on after the FOMC meeting, spiked up to 1398 on the Nasdaq 100 and up to 882 on the S&P 500, right near our overhead resistance levels, and then came down in a sharp 5-wave decline in the last hour, bouncing in the last 5 minutes to take back some of the losses.
Wednesday, April 29, 2009
Weekly Wizards on the Stock and Commodity Markets Next Move / Stock-Markets / Financial Markets 2009
Mike Paulenoff, on the Financial and Oil & Gas ETFs
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Now that the Financial Select SPDR (XLF) has been subjected to earnings, earnings doubts, stress tests, all sorts of suspicions about the efficacy of the tests, and now leads about which bank will or might not need more capital (according to the Fed), let's notice that for the past two weeks the price pattern has carved out a high level consolidation pattern.
Wednesday, April 29, 2009
Nasdaq Q's Pushing Resistance / Stock-Markets / Tech Stocks
Let’s notice that the PowerShares QQQ Trust (Nasdaq: QQQQ) is pushing up against the sharply declining 200-day moving average, now at 34.24, which if hurdled should trigger upside acceleration towards my next optimal target zone of 35.20/50. That will imbue the big picture chart of the Q’s with a similar very constructive look exhibited by Cisco (CSCO), per my posting from yesterday. I am still using 33.30 as my stop-reversal plateau.
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Wednesday, April 29, 2009
Will Institutional Investors Kill the Stock Market Rally? / Stock-Markets / Stock Market Sentiment
As you know, we track how much Institutional Buying and Institutional Selling occurs everyday. We also track what is happening to the net value of the "core holdings" held by Institutional investors.
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Wednesday, April 29, 2009
Stock Markets Hit by Swine flu and Stress Tests Versus Green Shoots of Recovery / Stock-Markets / Financial Markets 2009
The bulls and bears called it a draw yesterday. Despite a continued escalation in the number of reported swine flu cases, horrible numbers for US Steel and fretting over financials needing more capital, equities held up well. News that IBM is boosting its dividend and doing a buyback, improving consumer confidence numbers and data from the Case Shiller survey which pointed to the rate of decline in house prices easing off all provided a fillip.
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Wednesday, April 29, 2009
Trading Swine Flu Short-term Market Reaction / Stock-Markets / Futures Trading
We're often asked at MarketClub just how to play short-term pops. Regardless if you are look at stocks, futures, or the forex market, it's always the same... MarketClub Alerts.
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Tuesday, April 28, 2009
Stock Market Indices Edge to the Downside / Stock-Markets / Stock Index Trading
The markets were soft today, ending in the negative column only because of a last-hour decline.Read full article... Read full article...
Tuesday, April 28, 2009
One Way to Make a Fortune Investing in Healthcare / Stock-Markets / Healthcare Sector
Andrew Grove once said, “I'm a great believer in particularly being alert to changes that change something, anything, by an order of magnitude.”
Grove has been widely credited with Intel’s stunning growth over the years. His unwavering focus on “the next big thing” has allowed Intel to stay one step ahead of competitors for decades. In a period of rapid technological advancement between 1978 and 2004, that was no easy feat.
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Tuesday, April 28, 2009
Watching the 200 DMA on Cisco CSCO & the Nasdaq Q's / Stock-Markets / Tech Stocks
Our model portfolio position in the PowerShares QQQ Trust (Nasdaq: QQQQ) has reversal stops at 33.27. Barring such a move to that level, the Q’s should consolidate between 34.00 and 33.30 ahead of another thrust that confronts the declining 200 DMA, now at 33.29. A sustained climb above the 200 DMA will be considered very technically significant, and will imbue the chart structure with a similar look to what Cisco (CSCO) looks like this morning. (See chart.) Cisco hurdled its 200 DMA, but let’s see if the price structure can sustain above the DMA into this evening’s close.
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Tuesday, April 28, 2009
Wall Street Overlooking China Construction Boom / Stock-Markets / China Stocks
Tony Sagami writes: I was shocked to read last week that the Great Wall of China is even greater than anybody thought. Scientists uncovered a 180-mile link of the Great Wall of China that was obscured by vegetation, silt, and sand.
But the scientists in China weren’t the only ones to unearth an important find …
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Tuesday, April 28, 2009
Pig Scores Bull Out of the Stock Market / Stock-Markets / Financial Markets 2009
Despite the tabloid-like hysteria about swine flu, stocks held up reasonably well yesterday. Investors did dump the usual suspects, i.e. airline, travel, hotel and cruise stocks. GM also announced that it will slash 21k jobs and axe 40% of dealerships (shares closed up 21%). Financials were also a drag, on renewed worries that the government’s pending stress test results will force regional backs in particular to raise fresh capital. Pharma and health-care stocks were, of course, higher.
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Tuesday, April 28, 2009
Stock Market Mild Sell-Off To Start The Week / Stock-Markets / Stock Index Trading
The markets had a down day to start the week, but it wasn't too severe. The day started out with a down move on sharply lower futures, but they immediately started rallying and went into a 5-wave ally on the Nasdaq 100 that saw it jump from 1357 up to 1385 inside of the first hour. The S&P 500 didn't quite cooperate. Despite the fact that the NDX went to new rally highs, the SPX did not, moving from 856 to 868. They rolled steadily over mid-day, retested the lows and bounced in the last hour, but did not break the support lows.
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Tuesday, April 28, 2009
Downward Pressure on the S&P Index / Stock-Markets / Stock Index Trading
Let’s notice that the e-Mini S&P 500 has “returned to sender” and is looping down to revisit this morning’s low at 846.75, which if violated should trigger a sharp downside follow-through that has as its target a test of the nearest-term support line, now at 839.50. If the trendline is violated and sustained, then let’s expect even more intensive pressure that presses the e-SPM for a test of critical support at the 4/21 low of 823.00 –- or near 82.75 in the S&P 500 Depository Receipts (AMEX: SPY).Read full article... Read full article...
Monday, April 27, 2009
My Plan to Make a Fortune over the Next Five Years / Stock-Markets / Investing 2009
There's never been a better moment for making money than we have right now in 2009 in America.
That's because the U.S. government is borrowing the rest of the world's money and dishing it out around America. Meanwhile, everything is on bargain-basement sale... even the casinos along the Las Vegas strip are trading as penny shares. It's amazing...
Monday, April 27, 2009
ETF Chart Trend Comparisons / Stock-Markets / Investing 2009
We present three tables comparing the charts of investment funds based on several criteria that some investors may find useful when interpreting whether the fund is in an uptrend or downtrend. The charts used are multi-year, weekly charts. The criteria range from aggressive to conservative tests for trend.
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Monday, April 27, 2009
Analog Comparisons Between Stock Market IndicesĀ / Stock-Markets / Stock Index Trading
Picking things up from the other day, and in an effort to continue being successful investors, we are here today to check the analog comparisons that have proven invaluable in aiding us identify pattern and timing elements in present day stock market movements. You will remember from our discussion on such things Monday that developing an appropriate / realistic ‘big picture’ view and then continuing to monitoring / model ongoing progress / change is key to becoming a successful investor, so here we are continuing this process. And I am happy to report history continues to be our friend in this regard, in knowing where to look, such that pattern and timing elements overlaid with the 1937 / 1938 echo-bubble sequence in the states and post bubble Nikki are running incredibly close matches.
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Monday, April 27, 2009
Stock Market Investor Sentiment: The Same Story / Stock-Markets / Stock Market Sentiment
Monday, April 27, 2009
Mexican Swine Flu Hits Stock Markets / Stock-Markets / Financial Markets 2009
It’s just what we need now - a flu-pandemic scare in the midst of the biggest financial crisis since the Great Depression. Risk appetite was bubbling up a little late last week. The fall-out from the US bank stress test was seen to be confined to some of the regional banks and the economic data continued to show some “bottoming”. Ford’s share price jumped sharply on better-than-expected earnings and US home-builders rallied to their highest level since October.
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Monday, April 27, 2009
Experts Cast Doubt Over Darling's Budget Forecasts / Stock-Markets / Financial Markets 2009
After a disastrous start to the week, financial markets rallied well on Friday
to close the week unchanged or slightly up. The CAC, DAX and FTSE closed the
week up 0.4%, 0.73% and 1.65% respectively. The S&P 500 and Down closed the
week down 0.23% and 0.65%, with the strongest performance coming from the
Nasdaq 100 which rose 3.24%, its 7th winning week on the trot. The Nasdaq was
buoyed by strong performances from Ebay, and Microsoft. Amazon also continued
its incredible run in the face of the bear market, since the November lows it
has risen 141.11%.