Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Tuesday, October 23, 2007
A Subprime Credit Crunch Outlook for the Global Economy / Stock-Markets / Credit Crunch
Stephen Roach is one of my favorite analysts. However, since he moved to Asia to take up new responsibilities, he has not written as much. Thus I was delighted to receive what will be today's Outside the Box last week. Roach argues that the US is getting ready for a subprime economy and the world, and in particular Asia, will also slow as a result. This is a particularly sobering essay, but one that should be read.Read full article... Read full article...
Monday, October 22, 2007
Ceiling on Today's S&P Index Attempted Upside Reversal / Stock-Markets / US Stock Markets
Heading into the final hour of trading the e-Mini S&P 500 so far has hit my initial recovery target zone of 1515/18, which for the time being has put a ceiling on today's attempted upside reversal. The e-SPZ has given up its gains of about 9-10 points, but is circling unchanged, which represents a recovery of around 13-14 points off of the overnight low.Read full article... Read full article...
Monday, October 22, 2007
Market Myths Exposed - Free Video Series to Market Oracle Site Visitors / Stock-Markets / Elliott Wave Theory
I am happy to tell you about a brand new 3-part video series that should help you understand the financial markets.
The video series is called Market Myths Exposed. Here's the release schedule:
Read full article... Read full article...
Monday, October 22, 2007
Stock Markets Heading Lower Due to Systematic Destruction of the Financial System / Stock-Markets / Financial Crash
A week ago if you would have told me past a muted quarter end window dressing related ‘jam job' the funds were going to push prices to either new or recovery highs in a multitude of markets I would have said ‘not likely', but that's exactly what happened. But then that's what happens in a surreal world where reality has become stranger than fiction. Moreover, that's what happens when our social elite condones the systematic destruction of our financial system in hyperinflation. That's the fact Jack. And anyone who thinks different should provide a better answer for why gold is going parabolic than the clever buffoons on CNBC last Friday rejoicing the phony inflation numbers that justify another rate cut for complicit fraudsters. Why else is gold going parabolic then – why?Read full article... Read full article...
Monday, October 22, 2007
Global Stock Markets Heading Sharply Lower - Fingers of Instability - Part 10 / Stock-Markets / Global Stock Markets
In This Issue – 2 Fingers of Instability
- Implosions Lower and Explosions Higher!
- Deadbeats
Introduction
We began the latest series of “Fingers of Instability” in August as the fingerprints of what's unfolding became apparent. At that time we started to detail the fingerprints of the unfolding debacle known as “over the counter” derivatives known as CDO's, CMO's, MBS's, (Collateralized debt and mortgage obligations converted into securities) and all sorts of alphabet soup investments which are opaque, complex, and illiquid.
Sunday, October 21, 2007
Asian Stock Markets Expected to Trend Lower Into November / Stock-Markets / Global Stock Markets
I am taking a break from the regular look at the US and UK Stock Markets by evaluating the immediate term outlook for the major asian markets. All of the asian markets have rebounded from the August lows, some more strongly than others. The anticipated October seasonal weakness across the global stock markets continues. The seasonal weakness looks set to impact the asian markets into early November with clear signs of sell signals on many markets. Fridays plunge on Wall Street is also expected to nudge those waiting for a sell trigger into the red zone on Monday.Read full article... Read full article...
Sunday, October 21, 2007
Opportunity knocks / Stock-Markets / US Stock Markets
Crises = opportunity. There is no better vantage point from which to anticipate the pending course of events than the effective study and interpretation of dynamic price-chart data.Read full article... Read full article...
Sunday, October 21, 2007
Stock Market Cycle Turning Points Analysis - Current Trend is Corrective / Stock-Markets / US Stock Markets
Current Position of the Market.
SPX: Long-Term Trend - The 12-yr cycle is approaching its mid-point and some of its dominant components are topping and should soon restrain the bullish effect of the 4.5-yr. This could lead to another period of consolidation in 2008 with an eventual bull market top in 2009-2010.
SPX: Intermediate Trend - The intermediate-term trend has been up since the 4.5yr cycle low in August, but it must get the 12-mo cycle out of the way before it can resume.
Read full article... Read full article...
Saturday, October 20, 2007
Stock Market Update: Hit With the Ugly Stick / Stock-Markets / US Stock Markets
No doubt about it, stocks really took a beating this week! Who was thinking as the major indices put in record highs earlier this month that we'd take this kind of a tumble so quickly? Well, members at TTC did!
Read full article... Read full article...
Saturday, October 20, 2007
The Fed, The Discount Interest Rate and the Stock Market / Stock-Markets / Cycles Analysis
The Fed's action to either raise or lower rates has become a major focal point for the markets and in light of the fact that we have another Fed meeting coming up at the end of the month, I felt that addressing this subject again is warranted. Based upon the chart that I first presented here back in September that we have entered into an environment in which further rate cutes should be expected. I have updated this chart below.Read full article... Read full article...
Friday, October 19, 2007
1987 Stock Market Crash - How a Newbie Beat the Great Crash! - Part 1 / Stock-Markets / Financial Crash
Today is the 20th anniversary of the 1987 stock market crash which is an apt time to go back to the roots of a 20 year successful trading strategy, one that had me short on the day of the great crash! The REAL secrets of successful trading. Okay so you have heard this one many times before in countless books printed by the skip full, but bare with me a while whilst I take a 20 year step back down memory lane, long before I went through my gannophile phase or saw elliott wave patterns and fibonacci golden ratios in virtually every object that my eyes gazed upon.Read full article... Read full article...
Thursday, October 18, 2007
Sub-Prime Mortgage Collapse Crisis Over? - Part 1 / Stock-Markets / Financial Crash
"...Goldman Sachs bucked the trend this summer and made money – pots of money – selling subprime bonds short. Funnily enough, GS also issued what might prove the most toxic of all subprime bonds back in 2006..."
PHEW! THAT WAS close. For a moment there, it looked like the collapse of the subprime mortgage market was going to wipe billions off financial earnings for years to come.
Read full article... Read full article...
Wednesday, October 17, 2007
Stock Markets Expected to Retreat from Fibonacci Retracement Level / Stock-Markets / US Stock Markets
Fibonacci numbers are ignored by many investors and not understood. However, the Fibonacci retracement values of 38.2% and 61.8% are often very useful as we will see today.
Below is a chart, of how the "Core Holdings" held by Institutions have performed since 1998. In early 2000, the index peaked and started a huge, bear market retreat. The absolute low was reached in 2002.
Read full article... Read full article...
Wednesday, October 17, 2007
Why I Still Favor Investing in China / Stock-Markets / Chinese Stock Market
Tony Sagami writes:The International Monetary Fund just updated its 2008 global economic forecast, cutting its expectations for global growth to 4.8% from 5.2%. The previous forecast was made in July before all the subprime bombs started blowing up.
The lion's share of the downward revision was because of the U.S. The IMF revised its growth forecast there from 2.8% to 1.9%!
Read full article... Read full article...
Wednesday, October 17, 2007
US Scheme to Rescue Banks from Bad Subprime Mortgage Debt / Stock-Markets / Credit Crunch
“ There is today an incredibly speculative financial sector hell bent on sustaining Credit and asset Bubbles – and perfectly content to adulterate our functional system of “money” in the process. The Federal Reserve is perceived to condone the whole affair and is openly willing to employ all measures to avoid bursting Bubbles. And in a contemporary world of acutely fragile finance structures, this ensures that bust avoidance translates briskly to bubble perpetuation and speculator delight.” Doug Noland “Credit Bubble Bulletin”Read full article... Read full article...
Wednesday, October 17, 2007
Citicorp, Bank of America and JP Morgan Attempt at Halting Asset Liquidation with MLEC / Stock-Markets / Credit Crunch
The big news over the weekend is that Citigroup, Bank of America and JP Morgan were putting together a consortium of financial institutions to establish an entity, the Master Liquidity Enhancement Conduit (MLEC), whose purpose would be to buy securities from structured investment vehicles (SIVs) that are having difficulties funding themselves (see Banks agree $75bn mortgage debt fund ).Read full article... Read full article...
Wednesday, October 17, 2007
US Banks $75 Billion SIVs Fund - You Call That A Bailout? / Stock-Markets / Credit Crunch
Imagine walking into a hospital with chest pains and the doctor telling you that he will do his best to treat you in a few months. Such is the latest development on the U.S. bailout/bust front.Read full article... Read full article...
Tuesday, October 16, 2007
Nasdaq Narrowing Range Suggests Downside Breakdown / Stock-Markets / US Stock Markets
Do you believe the tight range in the Q's (Nasdaq: QQQQ) today? One thing is for sure -- this narrow range should not last much longer prior to a spike in one direction or other. Meanwhile, the key support line off of the 9/20 low at 49.92, which cuts across the price axis now at 52.80, remains intact and is containing further price deterioration. A violation of 52.70 and downside follow-through are necessary to trigger more significant sell signals that point to 51.75/50 next. On the other hand, a climb above 53.28/30 is needed to trigger upside continuation to at least 53.50/60.Read full article... Read full article...
Tuesday, October 16, 2007
Dow Jones 22,000 vs Gold $1,500 / Stock-Markets / US Stock Markets
Remember a few years ago when several books were published with titles, like, Dow 40,000, Dow 22,000, Dow 36,000, Dow 39,000. This was in late 1999 and early 2000 at the then top of the internet bubble and with the Nasdaq and the Dow hitting highs. Exuberance was everywhere.Read full article... Read full article...
Tuesday, October 16, 2007
NOLTE NOTES - 20th Anniversary for the 1987' Stock Market Crash / Stock-Markets / Financial Crash
Friday will mark the 20th anniversary of the crash of '87 (Saturday will mark the 10th anniversary of the crash of '97 – see an issue here?). We are not calling for an anniversary crash, but the media is (and will be throughout the week) playing up the day and noting some of the similarities to that bleak Monday not so long ago. To be sure, there are major differences, key among them is inflation running half of that in '87 and interest rates are not soaring to 10% as they were then. The main linkage between the two periods is the dollar, falling during both periods and well below historical ranges today.Read full article... Read full article...