Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Wednesday, February 25, 2009
Stock Market Fundamentals, Valuations and Technicals Say Investors Remain Patient / Stock-Markets / Stocks Bear Market
Tuesday's Big Gains Lacked Upside Volume: Trends can help us understand the collective perceptions of investors, which ultimately drive asset prices (see charts below).
Fundamental Changes Not Behind Tuesday's Rally: What appeared to have sparked yesterday's rally?
Wednesday, February 25, 2009
Stocks Bear Market Uncanny Parallels to 1929 Crash / Stock-Markets / Stocks Bear Market
The stock market crash of 2008 played out like 1929 almost to the day. In fact the pattern was so uncannily close, that I became convinced the post-crash rebound would do the same and we would see a similar spring bounce.Read full article... Read full article...
Wednesday, February 25, 2009
Stocks Bear Market Deflationary Outlook / Stock-Markets / Stocks Bear Market
I had a simple thought the other day. It has been over ten years now since I have been investing and trading in the stock market and the stock market right now is so much different than it was ten years ago, yet no one seems to realize it. Everyone wants stock tips and is trying to guess the bottom.Read full article... Read full article...
Wednesday, February 25, 2009
Dow Lags S&P on Stock Market Turnaround Tuesday / Stock-Markets / US Stock Markets
Turnaround Tuesday indeed! In all seriousness, if you have followed the market over the last few months, big percentage gains such as we saw today have become the norm. Remember that most huge, rip-your-face-off rallies do in fact occur in bear markets. So the bottom line is, don’t get too excited.Read full article... Read full article...
Wednesday, February 25, 2009
The Euro – Are There Any Hard Currencies Left? / Stock-Markets / Fiat Currency
With gold reaching $1,000 an ounce and posting new highs versus all currencies, are there any hard currencies left? Over the past 100 years, we have moved further and further away from the gold standard. We see no indication for that trend to reverse; if anything, it may accelerate. As a result, we have cautioned long before this credit crisis erupted that there is no such thing as a safe asset anymore; investors may want to take a diversified approach to something as mundane as cash. This lack of confidence in cash goes beyond “cash equivalents” such as money market funds, commercial paper, auction rate securities, to currencies themselves. We all rely on cash for liquidity, but are concerned about purchasing power.Read full article... Read full article...
Wednesday, February 25, 2009
Dow Jones Stock Market Index Forecast 2009 - Update1 / Stock-Markets / Stocks Bear Market
This analysis seeks to update the forecast of 20th January 2009 for the Dow Jones stocks index in the light of subsequent volatile price action.
The 2009 forecast is ( Dow Jones Forecast 2009 - 20th Jan 2009) - In Summary , I do not know at precisely what price level the Dow will make a low during 2009, my best estimate at this time is 6,600, but I am expecting that it will mark the start of a multi-year bull market that will eventually make 2008-2009's price action appear as a mere minor blip, much as the 1987 crash appears on today's price charts.
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Tuesday, February 24, 2009
Stock Market Tuesday Turnaround / Stock-Markets / Stock Index Trading
The markets ended with a huge session, and it was turnaround Tuesday indeed today. The indices started out with a strong surge from the get-go. They backed and filled for most of the morning, but held support. After lunch hour the markets took off and ran steadily higher to close near the session highs.Read full article... Read full article...
Tuesday, February 24, 2009
How to Profit from Singapore the New Switzerland of Asia / Stock-Markets / Singapore
Tony Sagami writes: For years, numbered, Swiss bank accounts have carried the cache of wealth and secrecy.
That is, until recently …
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Tuesday, February 24, 2009
Stocks Plunge to 11 year Lows Replicating 1930's Bear Market / Stock-Markets / Stocks Bear Market
So, back to the future, doing the time warp again, as the current market bear took us back to spring 1997 levels yesterday. Worryingly it was the NASDAQ 's big tech names (Apple –4.66%, Intel –5.48%, Microsoft –4.39%) and raw stocks that showed the downside leadership while Alcoa (-7.63%) was the big drag on the Dow . Whispers of more financial follies at the black hole that is AIG(reed) who want another bailout of the bailout of the bailout certainly didn't help either. I'd watch the whole insurance sector on the back of this. Resistance seems futile. By the way, 1997 was the year that the Nobel Prize for Economics is won by Long Term Capital Management stars Robert Merton and Myron Scholes!Read full article... Read full article...
Tuesday, February 24, 2009
Ineffective Alphabet Soup Policy Could Trigger Deflation Scare / Stock-Markets / Financial Markets 2009
The markets are falling apart much faster than originally anticipated, which is troubling with respect to the inflation case. This is why we highlighted the scary reversals in M1 and M3 growth rates earlier in the week, to alert you to the possibility conditions might progress such that general price weakness could develop moving forward. While it's true such discussion might be premature, and it would take time for such reversals to have lasting effect, never the less, it's disturbing to see money supply trends possibly turning down at this time with a major sell signal in the stock market now in the bag. (This comment was updated for your benefit.)Read full article... Read full article...
Monday, February 23, 2009
Banks to Nationalize or Not to Nationalize / Stock-Markets / Nationalization
To nationalize or not to nationalize, that is the question. Whether it is nobler in the mind to suffer the slings and arrows of (the markets) or to take up arms against the sea of troubles and by opposing end them. With a bit of poetic license we could easily rework the Hamlet's soliloquy to bring it out of the kingdom and into the banking system.Read full article... Read full article...
Monday, February 23, 2009
Stock Market Bears Continue To Feast On Bulls / Stock-Markets / Stocks Bear Market
Monday's market action was not much of a surprise. The DJIA has already closed below the November low last week. While the S&P 500 bounced off its low on Friday, it did not seem like the impetus to start looking for stocks to buy. The one positive for the S&P 500 was that the intraday November low was not breached. That fact does not instill me with a great sense of confidence.Read full article... Read full article...
Monday, February 23, 2009
Long-term Financial Markets Investing Overview / Stock-Markets / Investing 2009
In Greek mythology, Sisyphus was a king punished by the gods. In the Greek equivalent of hell, named Tartarus, Sisyphus was cursed to roll a huge boulder up a hill – only to watch it roll down the hill again. Sisyphus' punishment was to repeat this task throughout eternity.
In the midst of this punishing bear market, I think that many investors who read Bourbon & Bayonets are probably feeling like Sisyphus right now. Many investors have seen their accounts, such as their 401k, back down to levels last seen a decade ago. Like Sisyphus, they have had their investment accounts “roll back down the hill”.
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Monday, February 23, 2009
Stimulating a New Stock Market Bottom / Stock-Markets / Investing 2009
Apparently, Americans don't enjoy paying their neighbor's mortgage. Who saw that coming? Actually, although I believe this fact to be true (and I will address it in this article) I don't think it mattered as much what was in the stimulus, as the sad fact remains that we simply don't have the earnings, confidence, and unfortunately jobs , that we need to bring this market back immediately.Read full article... Read full article...
Monday, February 23, 2009
Stock Market Crash Red Alert: Meltdown Imminent! / Stock-Markets / Financial Crash
Martin Weiss writes: The nation's largest banks are so close to collapse and the world economy is coming unglued so rapidly, a major Wall Street meltdown is now imminent.
Specifically, it's now increasingly likely that virtually all of our forecasts of recent months could come to pass in a very short period of time, including …
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Monday, February 23, 2009
Stock Market Investor Sentiment: Same Story, Different Week / Stock-Markets / Stock Index Trading
For the 12th week in a row the "dumb money" indicator remains neutral on the markets, and the "smart money" indicator has had one moderately bullish reading over the past 19 weeks. Like the endless parade of Sunday night bailouts and "breaking news" stories, it is the same old, tired story that is not getting the market anywhere.Read full article... Read full article...
Monday, February 23, 2009
Super-Investor George Soros Predicts Financial Crisis Worst Yet to Come / Stock-Markets / Credit Crisis 2009
William Patalon III writes: Renowned investor George Soros said Friday the world financial system has effectively disintegrated , and there's no near-term bottom to this financial crisis in sight. Speaking at a dinner at Columbia University, Soros actually compared the current situation to the breakup of the Soviet Union, and said that the whipsaw effects of the crisis are actually more severe than the Great Depression.Read full article... Read full article...
Monday, February 23, 2009
How to Value a Toxic Asset / Stock-Markets / Credit Crisis Bailouts
Price is not the same thing as Value, that's the whole point. Investment is about buying when value is more than price and selling when price is more than value; it's not complicated. Price is easy, the hard part is value.
The "vexing" problem of valuing toxic assets " was how Jeffry Sachs of Columbia University recent described the state of play of the ongoing Black Comedy (http://blogs.ft.com/economistsforum/2009/02/a-strategy-of-contingent-nationalisation/.)
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Monday, February 23, 2009
Financial Markets at Critical Juncture / Stock-Markets / Financial Markets 2009
Two roads diverged in the markets, and I... I didn't care, because I owned precious metals. This has to be the most amazing time to be alive. I believe that the changes that will play-out over the next few years will dwarf anything that has come before, and this week will be one of the decisive moments. All the major financial indicators that often foretell the short-term direction of the markets, the economy, and the general feeling of optimism or fear and gloom, are at a critical juncture. Gold, the DOW, the S&P 500, and the US dollar are all at key turning points and the direction which the markets will head for the short term should be decided this week.Read full article... Read full article...
Monday, February 23, 2009
Finanical Markets React to Citibank Black Hole for Tax Payers Dollars / Stock-Markets / Financial Markets 2009
Stocks fell for the fifth session in a row last Friday. But that really seems a long time ago now with the news coming fast and loose over the weekend. And yes the news flow is dominated by those pesky banks again with the artist formerly known as the world largest financial, Citibank, taking centre stage and proving it's nothing but a black hole for taxpayers dollars. Like Sisyphus, policymakers seem to be pushing a rock up a mountain only to see it roll down again time and time again as the boulder gets bigger and the incline steeper.Read full article... Read full article...