Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Monday, February 23, 2009
Stocks Bear Market Preparing for Upside Breakout / Stock-Markets / Stock Index Trading
On Tuesday, the S&P 500 Index swooped below 805 like a hot knife through butter, but a lack of follow through yesterday suggests the alternate count for the S&P 500 Index is now the preferred count. Also in today's article is an update of the US Dollar Index, along with various currencies.Read full article... Read full article...
Monday, February 23, 2009
Stocks Bear Market Rally About to Begin / Stock-Markets / Stocks Bear Market
Current Position of the Market
SPX: Long-term trend -
Down! The very-long-term cycles have taken over and if they make their lows when expected, the bear market which started in October 2007 should continue until 2012-2014. This would imply that much lower prices lie ahead.
SPX: Intermediate trend - A short-term rally is about to begin, but it will probably take a little longer for the start of one of intermediate trend. Technical signs are becoming favorable in diverse areas of the market.
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Sunday, February 22, 2009
Crashing Corporate Earnings Resulting in Soaring S&P PE Ratio / Stock-Markets / Stock Market Valuations
Bespoke: Up days - the scarcest commodity of all“While the world suddenly finds itself with a glut of oil and other related commodites, one thing that is certainly in short supply so far this year is an up day in the market. So far this year, the Dow has finished the day higher on 36.7% of the 32 trading days (through Wednesday). We all know that it has been a bad year, but this is down right depressing!
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Sunday, February 22, 2009
Dow Theory Points to Further Stocks Bear Market Lows / Stock-Markets / Stocks Bear Market
Is This March 2003? Dow Theory Says NO - Of late I have heard the argument made that the November 2008 to February 2009 period is like the October 2002 to March 2003 time period. Of course, the basis for drawing this alleged parallel is that the market has bottomed. Well, according to Dow theory, this is not like March 2003.Read full article... Read full article...
Saturday, February 21, 2009
Liquidity Outflows Keeping the Stock Market Down / Stock-Markets / Stock Index Trading
Let's talk about Liquidity versus the Stock Market today ...
When Liquidity is expanding, then there is more money available to chase fewer goods and that causes prices to go up. That happens for products, commodities, and the stock market.
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Saturday, February 21, 2009
Stock and Commodity Market Rising Wedge Formation Price Pattern / Stock-Markets / Technical Analysis
Stranger than fiction? - You will not read the analysis below anywhere else. It flows from a unique discovery I made before the Nasdaq bubble finally collapsed
I discovered an interesting variation of a rising wedge formation – which the text books tell us is impossible, but it happened anyway and it cost me a lot of money because I was short the market when the wedge broke up and prices continued to rise.
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Saturday, February 21, 2009
Stock Market At A Critical Juncture / Stock-Markets / Stock Index Trading
So much for a boring market. The bears certainly arrived on the scene this week. Although some bulls finally showed up, too, was it enough? The financials continue to weigh heavily on the market. The thought of nationalizing banks and destroying shareholder equity is apparently a most unsettling prospect for investors. The administration promises to provide more information regarding its methods to save the banks, but will the clarity be enough to satiate the masses and save the markets?Read full article... Read full article...
Saturday, February 21, 2009
Stock Markets Successful Retest of November Lows? / Stock-Markets / US Stock Markets
The good news is: We possibly have a successful retest of last November's lows.
Short Term - Most of the broad based indices were down every day last week leaving them over sold and poised for a rally.
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Saturday, February 21, 2009
Inflation Returns Whilst Stocks Deflate Towards Bear Market Lows / Stock-Markets / Financial Markets 2009
The Consumer Price Index still reveals inflation... The cost of living in the U.S. rose in January for the first time in six months as gasoline stopped sliding and retailers tried to push through start-of-year increases even as sales slumped.Read full article... Read full article...
Saturday, February 21, 2009
Speculation: Investing, Hedging and Trading / Stock-Markets / Stock Index Trading
One man's loss …is another man's gain - Commonly referred to by mass media and better known in the financial industry's perpetual variation of sales-pitches as “investing for the long haul”, prudent SPECULATION on a trade-by-trade basis - regardless of time horizon, is indeed a zero sum game.Read full article... Read full article...
Friday, February 20, 2009
Nasdaq Leads Stock Markets in Mixed Trading Session / Stock-Markets / US Stock Markets
The markets had some interesting volatility to end the week on options expiration day. They opened with a sharp gap lower, bounced and then made lower lows by mid-day and new lows for the entire pullback, reaching an extremely oversold condition on a short-term basis. By mid-day they started to turn and triggered a strong rally in early afternoon, which extended to new highs for the session with about an hour an a half to go. They then pulled back down and gave back about 50% of the rally , retested the intraday moving averages, but held and bounced back into the close.Read full article... Read full article...
Friday, February 20, 2009
Inside Story on Septembers Financial and Economic Meltdown- Video / Stock-Markets / Financial Crash
On Thursday, Sept. 18, 2008, the astonished leadership of the U.S. Congress was told in a private session by the chairman of the Federal Reserve that the American economy was in grave danger of a complete meltdown within a matter of days. "There was literally a pause in that room where the oxygen left," says Sen. Christopher Dodd (D-Conn.) As the housing bubble burst and trillions of dollars' worth of toxic mortgages began to go bad in 2007, fear spread through the massive firms that form the heart of Wall Street. By the spring of 2008, burdened by billions of dollars of bad mortgages, the investment bank Bear Stearns was the subject of rumors that it would soon fail.Read full article... Read full article...
Friday, February 20, 2009
Near-Term Peak Approaching for ProShares UltraShort SPY (AMEX: SDS) / Stock-Markets / Stock Index Trading
The 4-hour chart of the ProShares UltraShort SPY (AMEX: SDS) is a very illuminating graphic. The SDS is near two very important "swing" targets: 1) the light green line shows the equidistant uplegs of 23 points off of the 1/06 low, and after the pullback to the Feb 9th of 71.85, which projects a target of 94.90-95.20; and 2) the light blue lines show the measured upmove off of the Double Bottom formation, which projects a target of 96.00/30 from the "neckline" breakout level (84.00/25). So far, today's high is 94.82, which is very close to precisely satisfying the optimal "swing" target zone.Read full article... Read full article...
Friday, February 20, 2009
Stock Market Resumes 2009 Crash- Quick Forecast Update / Stock-Markets / Stocks Bear Market
The Stocks bear market that resumed this week with a vengeance, with the FTSE trading 100 points lower today and the Dow Jones expected to follow suit on the open, this sets the scene for further sharp selling that has already broken the bear market low on the Dow Jones at least.Read full article... Read full article...
Friday, February 20, 2009
U.S. Bankrupt, Dow Jones Closes at 6 Year Low / Stock-Markets / Stocks Bear Market
The Dow Jones finally closed below its November 21st 2008 low (recall that was meant to be the “bottom”), though the wider S&P 500 and NASDAQ have not (yet) broken these psychological levels . It's really a case of nothing but the same old story with banks tanking on ever increasing nationalisation fears. And what of the multiple stimulus packages; well, in short, investors just aren't buying it.Read full article... Read full article...
Friday, February 20, 2009
U.S. Economy 4th Quarter 2009 Recovery, SIVs to the Rescue? / Stock-Markets / US Stock Markets
We apologize for the tardiness and brevity of this update. We have been on the peas-and-chicken circuit for the better part of two months, which has consumed much of our time and energy. A lot has transpired since our January update. Congress passed and the president signed a $787 billion fiscal stimulus program. Treasury Secretary Geithner, after paying his back taxes, changed the name of the financial institution rescue program from TARP to FSP (Financial Stability Program). The Obama administration announced a $75 billion program to facilitate the modification of at-risk home mortgages. And the Commerce Department released its first guesstimate of Q4:2008 GDP.Read full article... Read full article...
Thursday, February 19, 2009
Stock Market Early Rally Attempt Fails at Resistance and Sells Off / Stock-Markets / US Stock Markets
The markets had an early rally out of gate but failed at key overhead resistance , and that was about it. They had a 3-wave decline and sharp one until late morning, tried to bounce around mid-day, failed at resistance, and then sold off in a steady, downward choppy fashion into the close.Read full article... Read full article...
Thursday, February 19, 2009
Dow Jones Monthly Stock Chart Points to 4500 Crash / Stock-Markets / Stocks Bear Market
Not much commentary is needed when viewing the monthly chart of the Dow. We only need an active imagination. All I will say here is that I have projections from this monthly chart to 6800-6500 and then to 4500. Since this is a monthly chart, however, we need to realize that the timeframe for such a move, and the volatility that could emerge between 8500 and 7500, add some definite challenges to capitalizing from such a move in trading the Dow Diamonds Trust (NYSE: DIA) or the ultra long or short Dow ETF instruments.Read full article... Read full article...
Thursday, February 19, 2009
Stocks Bull Market Killers / Stock-Markets / Stocks Bear Market
Sean Brodrick writes: I'm very bullish on gold and silver. And at the same time, my target on the S&P 500 is 600 — a 24% drop from recent levels and 62% down from its October 2007 peak.
As far as the economy goes, I'm not looking for it to bottom before 2012 … if we're lucky. While the market could bottom before that, I'm not seeing the light at the end of the tunnel.
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Thursday, February 19, 2009
Stock Market Crash Alert Flag is Flying / Stock-Markets / Financial Crash
Heads up: our Crash Alert flag is flying again. More about that in a minute.Our old friend and Editor in Chief of The Fleet Street Letter, Lord Rees-Mogg, writes in The Times:
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