Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Monday, December 15, 2008
Bailout Or Bankruptcy For The Big Three Automakers? / Stock-Markets / Financial Markets
Equities recovered late Friday evening with the prospect of the cure all TARP cavalry coming to the rescue of the automakers . But with Bush getting shoes thrown at him in Iraq, the spotlight once again will fall on the troubled banking sector with Goldman Sachs, reporting Tuesday and Morgan Stanley, Wednesday. For all of the economic and corporate releases this week, check out the Weekly Wrap .Read full article... Read full article...
Monday, December 15, 2008
Automaker Bailout Fails, Stock Market Short Lived Optimism Evaporates / Stock-Markets / Financial Markets
After an opening surge on Monday, markets had a mixed time of it for the remainder of the week. President elect Barrack Obama’s announcement of a huge public works program helped virtually every market rally against the main trends of the last few weeks. Equities and commodities were higher, while the dollar, bonds, and CDS levels all eased. Unfortunately the optimism didn’t last, with the refusal of congress to ratify the Automaker bailout becoming the catalyst for the selling seen at the end of the week.Read full article... Read full article...
Monday, December 15, 2008
Stocks Bear Market Rally Mixed Signals / Stock-Markets / Stocks Bear Market
Head fake after head fake after violent move after violent move. Welcome to the current bear market that's trying to stage a bear market rally up to and possibly through the 50 day moving averages but can't quite seem to get the job done. It gets close seemingly day after day and the bears are finding a way to knock things down. What looks bullish one day looks bearish the next after the bears get done knocking things down. What looks bearish one day looks bullish the next after the bulls deny the bears from killing things off for good.Read full article... Read full article...
Sunday, December 14, 2008
Stocks Bear Market Rally Showing Signs of Rolling Over / Stock-Markets / Stocks Bear Market
Current Position of the Market
SPX: Long-term trend - Down! The very-long-term cycles have taken over earlier than anticipated 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 - An intermediate low may have been reached in November, but this remains to be confirmed. There is good possibility that January 2009 will bring a new low, or at least a test of the lows.
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Sunday, December 14, 2008
The Market Oracles of Doom / Stock-Markets / Stocks Bear Market
New York Magazine: Oracles of doomThey always knew the economy would collapse. What do they think will happen next?
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Sunday, December 14, 2008
Bullish Global Stock Markets Climb a Wall of Worry / Stock-Markets / Global Stock Markets
Despite a litany of bleak economic and corporate news confronting investors during the past week, global stock markets digested the bearish fodder with a sense of aplomb. The MSCI World Index and the MSCI Emerging Markets Index gained 4.4% and 10.9% respectively on the week, with other reflation trades such as gold (+9.1%) and oil (+20.4%) also putting in a strong performance.Read full article... Read full article...
Saturday, December 13, 2008
Trying to take you off the Investment Roller-coaster / Stock-Markets / Financial Markets
I have pleasure in sending you our winter 2008 Investment Report. Do have a look at he website www.ArmstrongDavis.com should you wish to view previous reports as well as our work in the national media. The website should be entirely revamped by the New Year - more user-friendly and interactive.Read full article... Read full article...
Saturday, December 13, 2008
Stock Market Rally Lacks Follow Through Strength / Stock-Markets / US Stock Markets
The good news is: New lows have continued to decline.
Short Term - On October 10 88% of the issues traded on the NYSE hit new lows, the highest percentage, by almost double, ever recorded. The high percentage of issues hitting new lows makes unlikely we will see significant numbers of new highs any time soon.
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Saturday, December 13, 2008
The Stocks Bear Market Intermission / Stock-Markets / Stocks Bear Market
Major stock averages have retested their 2002 lows, oil hits the 40 dollar mark and the dollar weakens. Does this now mean that it’s over? Has the bear market run its course? Is a new bull market on the horizon? Will oil go back to 140? Will the new administration fix everything? Will 2009 bring in more of the glory days?Read full article... Read full article...
Saturday, December 13, 2008
Biggest Fraud in History $50 billion Madoff Ponzi Scheme / Stock-Markets / Scams
The Madoff fraud story gets Curiouser and Curiouser . Let's take at the headlines starting from the top.Bernard Madoff arrested over alleged $50 billion fraud - Bernard Madoff, a quiet force on Wall Street for decades, was arrested and charged on Thursday with allegedly running a $50 billion "Ponzi scheme" in what may rank among the biggest fraud cases ever.
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Saturday, December 13, 2008
Senate Rejects Automakers Bailout, Stock Market Implications / Stock-Markets / Financial Markets
The bailout plan for GM and closely held Chrysler LLC was rejected last night after talks failed over Republican senators' demands that union workers accept a cut in wages next year. GM and Chrysler said they may run out of cash for their operations as sales head toward their lowest in 17 years.Read full article... Read full article...
Friday, December 12, 2008
Stock Market Extreme Panic Volatility / Stock-Markets / Volatility
If it is not already happening, someday soon some entrepreneur will start selling t-shirts proclaiming “I Survived the Great Stock Panic of 2008”. The last few months' market action has been so unprecedented, and so brutally unforgiving to trade, that emerging from it ready to keep trading is an impressive feat. Many traders have lost everything because of their leverage while many more have totally given up on trading.
As a speculator, I found this stock panic very painful like everyone else and I can't wait for the markets to resume some semblance of normalcy. But as a student of the markets, the last few months were the most fascinating I have ever witnessed. People are going to be talking about and studying the Great Stock Panic of 2008 for generations. Yet we got to live through it and witness its fury firsthand in real-time!
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Friday, December 12, 2008
Stock, Commodities and Currency Futures Markets Analysis 12th December / Stock-Markets / Futures Trading
The March NASDAQ 100 was sharply lower overnight due to profit taking triggered by disappointment over the senate's failure to pass a bailout bill for the auto industry. The overnight sell off has led to a decline below the 20-day moving average crossing at 1154.67. Stochastics and the RSI are overbought and are turning bearish signaling that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 1154.67 would confirm that a short- term top has been posted while opening the door for sideways to lower prices possibly into the end of this year.Read full article... Read full article...
Friday, December 12, 2008
Stock Markets Nosedive as Senate Says No to Auto Bailout / Stock-Markets / Credit Crisis Bailouts
Detroit's auto bailout drives down a Congressional cul-de-sac. To add to this, GM has hired a bankruptcy lawyer, Bank of America is to cut 35k jobs and weekly jobless claims have soared to 573k (a two year high). Just to rub salt in the wounds, JP Morgan's Jamie Dimon tells us that 2009 is going to be another anus horribulus horror show for banks. Its no wonder the Dow Future is off 275 as I scribble.Read full article... Read full article...
Thursday, December 11, 2008
Stock Market Hit by Afternoon Sell-Off! / Stock-Markets / US Stock Markets
The markets had a solid morning and reached the 4-day declining tops lines by late morning, stalled there and consolidated bullishly. But, after 3 or 4 failed attempts at breaking out they rolled over, broke short-term support, and then took out important secondary support and had a very sharp sell-off late in the day. The market bounced around in the last half hour, but for the most part closed near the lows for the day.Read full article... Read full article...
Thursday, December 11, 2008
Debt's Dead But Equity's Alive at London's AIM Stock Market / Stock-Markets / UK Stock Market
We all read and hear about it 24 / 7 – whether it's in the papers or on CNBC - credit markets have seized-up for all but sovereign risk. The mainstream financial press is continuously bleating, “Money is tight or unavailable”.Read full article... Read full article...
Thursday, December 11, 2008
Bernanke and Paulson Attempting to Resuscitate Flawed Market Model / Stock-Markets / Credit Crisis Bailouts
Even though the Federal Reserve is now the biggest single participant in the financial system, the myth of a "free market" still lingers on. Go figure? The Fed has expanded its balance sheet by $2 trillion, guaranteed $8.3 trillion of dodgy mortgage-backed paper, provided a backstop for bank deposits, money markets, commercial paper, and created 8 separate lending facilities to ensure that underwater financial institutions can still appear to be solvent. The whole system is a state subsidized operation buoyed on a taxpayer-provided flotation device which bears no resemblance to an invisible hand.Read full article... Read full article...
Thursday, December 11, 2008
Return of the Boring “Normal” Stock Market / Stock-Markets / Global Stock Markets
After a year plus when we have become comfortable with wild intra swings, it seemed odd to have a day when nothing happened twice . Equities, lead by energy and commodity stocks, finished modestly higher in thin end of year trading.Read full article... Read full article...
Thursday, December 11, 2008
Stock Market Indices Consolidate as Prelude to Upside Breakout / Stock-Markets / US Stock Markets
The markets had three distinct parts of the session. They were up in the morning, down mid-day and back up late in the session to close with gains for the day. Modest gains, but gains nevertheless.Read full article... Read full article...
Wednesday, December 10, 2008
Watching for Good U.S. Stock Market Entry Points / Stock-Markets / Stock Market Valuations
We are waiting watchfully for a good re-entry point for US equities using the substantial cash position we raised last summer.
The critical factors we are watching to identify a prudent re-entry point — information we will use to become comfortable that the storm we avoided has passed by — are:
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