Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Wednesday, February 04, 2009
Stock Market DJIA Back Above Critical Support Level / Stock-Markets / US Stock Markets
After being a laggard as of late, the DJIA outperformed both the S&P 500 and NASDAQ. In addition, the DJIA is back above 8000 and support. However, volume was relatively light.Read full article... Read full article...
Wednesday, February 04, 2009
Stock Market Indices Drag Themselves Higher / Stock-Markets / Financial Markets 2009
Merck's stellar earnings and a rally in health care stocks outweighed weak auto sales and more gloom from tech sector. Politicans also for once gave the market a leg up with a positive reaction to a GOP counter proposal in the Senate. In a nutshell it's a $445 billion package that would slash the current 35% corporate tax rate to 25% and offer home buyers a tax credit worth $15,000 or 10 percent of the purchase price, whichever is less. The Dow Jones ended up retaking the 8,000 level yesterday, gaining 142 points to 8078.Read full article... Read full article...
Wednesday, February 04, 2009
Stocks Bear Market is Bottoming, Equities VS Gold Bullion / Stock-Markets / Investing 2009
Bearish Stock market looks like it has bottomed forming a similar pattern as it did in 2003. What is the better investment during an opportunity like this if this is the bottom: Stocks, Gold Bullion or Mining Stocks?Read full article... Read full article...
Wednesday, February 04, 2009
Stocks Bear Market Rally or New Bull Market? / Stock-Markets / Investing 2009
Nilus Mattive writes: The S&P 500 lost 8.57% last month, which was the worst January on record. Even worse, a January loss for the index has typically meant a full-year loss for the market about 75% of the time.
The big question right now is whether we will see another fall to the lows made back in November. And the bigger question is whether we will go even lower than that.
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Tuesday, February 03, 2009
Critical Week for the Stock Market / Stock-Markets / Stock Index Trading
It was on October 24th., that the VIX (Volatility Index) had hit its high. The VIX moves opposite to the market, so a high on the VIX should normally correspond with a low on the S&P 500.
But ... that wasn't the case. It wasn't until almost a month later that the S&P 500 finally hit its low. (The S&P low was on November 21st. ... at 11:30 AM on a 60 minute chart.)
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Tuesday, February 03, 2009
Stock, Commodities, Futures and Forex Markets Analysis 3rd February 2009 / Stock-Markets / Futures Trading
The March NASDAQ 100 was steady to slightly higher overnight as it extended Monday's rally. Stochastics and the RSI are turning bearish signaling that sideways to lower prices are possible near-term. If March extends last Friday's decline, January's low crossing at 1132.00 is the next downside target. Closes above the 20-day moving average crossing at 1197.81 would confirm that a short-term low has been posted.Read full article... Read full article...
Tuesday, February 03, 2009
Stock Market Still Seeking Direction / Stock-Markets / Financial Markets 2009
It was a tale of two markets yesterday. The NASDAQ benefited from hopes of government spending on tech and telecoms infrastructure but the wider market fretted over the fate of the ‘ bad bank ‘ plan.Read full article... Read full article...
Tuesday, February 03, 2009
Stock Market Promising Bottoming Formations Develop in Mixed Session / Stock-Markets / US Stock Markets
The indices today ended mixed with strength in the Nasdaq. The day started out with a gap down, and quickly reached the lows for the day within a few minutes. They backed and filled and then had a very sharp move after the better than expected ISM data report came out around 10 o'clock. They then got a mid-morning back-off, and then another rally that took them to new highs at key overhead resistance just under 1200 NDX and 830 S&P 500. A sharp pullback took out the earlier pullback lows but held the earlier gap lows intraday, and then the indices had a strong late surge that slightly took out overhead resistance but failed to follow through, and then they backed off into the close.Read full article... Read full article...
Tuesday, February 03, 2009
Smart Money Investing in Debt and Emerging Markets / Stock-Markets / Investing 2009
“I think it was Ben Graham who said, ‘This, too, shall pass.' I think the same applies now…this, too, shall pass.”
That's what David Dreman told me last Friday. We talked about an hour after the markets closed. At the time, a Reuters headline proclaimed, “Worst January Ever for Dow, S&P 500.” The Dow sat at 8,000.
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Monday, February 02, 2009
S&P500 Holds Up Whilst DJIA Breaks Its Support Up-Trendline / Stock-Markets / US Stock Markets
The slow grind on the indexes continues. While the S&P 500 and DJIA finished off their lows, losses still occurred. The rally that many expected in January failed to materialize. Unfortunately, there is not even a hint as to when one may occur.Read full article... Read full article...
Monday, February 02, 2009
BRIC Emerging Stock Markets Relative Performance Analysis / Stock-Markets / Emerging Markets
Emerging countries have been increasingly important to developed economies. How are their stock markets doing lately?
Let's look at the BRIC countries (Brazil, Russia, India and China) over the past year through their indices.
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Monday, February 02, 2009
Stock Markets Register Worst January Performance in History / Stock-Markets / Stocks Bear Market
We've seen this movie before and unfortunately it doesn't end well. With the decline of over 8% for the month of January, the SP500 has cemented the worst January in the history of the index. Nothing like piling on! Economically speaking, the markets took their cue from the very poor reports. Although the GDP figure was better than expected, once the details were pulled apart, there really was nothing to get excited about going into the first quarter. Housing figures also indicated that there is no improvement in housing.Read full article... Read full article...
Monday, February 02, 2009
Financial Markets Analysis: How to Survive Deflation / Stock-Markets / Financial Markets 2009
The stocks bear market reasserted itself by the end of last week in response to across the board bad earnings reports and economic data accompanied by revised IMF forecasts of marked slow down in global economic growth. The stock market trends are in line with the forecast for 2009 that targets new stocks bear market lows for the Dow of 6,600 and FTSE 3,400 as per my earlier newsletter and associated syndicated article of 22nd January.Read full article... Read full article...
Monday, February 02, 2009
Dangerous Time to Stay Invested in the Stock Market / Stock-Markets / Stocks Bear Market
The terrible price action in the stock market raises the question, ‘are we on the right track expecting seasonals and the multiple post-crash historical patterns that have proven reliable in forecasting higher prices moving forward from here to repeat; or, is the market condition so far advanced that these things are known by the investing population, potentially altering the outcome?' This, in essence, is the question of the hour all good speculators are asking themselves right now.Read full article... Read full article...
Monday, February 02, 2009
Stock Market Performance at the Mercy of Grim Corporate and Economic Data / Stock-Markets / Investing 2009
An avalanche of worse-than-expected economic and earnings data again put pressure on Wall Street during the past month, resulting in four straight down-weeks and the worst performance of the major US indices for January on record.
“As January goes, so goes the year” is one of the most frequently quoted sayings about seasonal trends in the stock market. With the Dow Jones Industrial Index down by 8.8% and the S&P 500 Index 8.6% lower, the year is not off to a promising start.
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Monday, February 02, 2009
Trivial Corporate Earnings, Not-So-Trivial Investor Buying / Stock-Markets / Investing 2009
On Wednesday, after the markets closed, as well as Thursday before the open, the distinct majority of earnings surprises were positive. So, why on Earth did the Dow, Nasdaq, and S&P close down between 2.7% and 3.3%?
Because what is happening is exactly what I said was happening. Earnings and non-catastrophic news alone are not going to budge the market. The only event that will push or pull prices is the will of investors.
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Monday, February 02, 2009
Stock, Commodities, Futures and Forex Markets Analysis 2nd February 2009 / Stock-Markets / Futures Trading
The March NASDAQ 100 was lower overnight as it extended last Friday's decline below the 10- day moving average. Stochastics and the RSI are turning bearish signaling that sideways to lower prices are possible near-term. If March extends last Friday's decline, January's low crossing at 1132.00 is the next downside target. Closes above the 20-day moving average crossing at 1200.17 would confirm that a short-term low has been posted.Read full article... Read full article...
Monday, February 02, 2009
Stock Markets Log Worst January Ever! / Stock-Markets / Recession 2008 - 2010
US markets finished the week very much on the back foot. Disappointing earnings from P&G, Allstate & Caterpillar trailed analysts estimates while the entrails of the GDP report revealed that consumer spending was down a massive 9% . No wonder exports from Germany, China and Japan are falling off a cliff.Read full article... Read full article...
Monday, February 02, 2009
Financial and Economic Forecasts 2009, Stock Market Crash to New Lows / Stock-Markets / Financial Markets 2009
If you were shocked by last quarter's 3.8% plunge in the economy, wait till you see the tally for the current quarter!
Late last year, consumers snapped their wallets shut so quickly, and America's manufacturers were so unprepared, they couldn't stop their assembly lines fast enough.
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Monday, February 02, 2009
Stock Markets at Major Bear Tipping Point: Protect Your Wealth / Stock-Markets / Stocks Bear Market
2008 and 2009: Years of return OF capital, not necessarily return ON capital. We are close to a major turning point in the stock market and during the weekend I considered very carefully what action to take.
Clients may recall that there is a greater than 90% correlation between all major stock markets. So, whether this is the FTSE in London, or the DAX in Frankfurt or the Nikkei in Tokyo, the movement in stock prices has been almost identical. For us, the S&P is the leader of world markets. Hence we focus on it rather than, for example, our own FTSE100. Look at the following chart of the S&P 500.
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