Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Thursday, June 14, 2007
Remain Calm! It's only a bunch of Bear Markets / Stock-Markets / US Bonds
“A measure of utility companies lost 1.5 percent for the second steepest decline among 10 industries in the S&P 500. Collectively the stocks have a dividend yield of 3.05 percent, the most in the index. Higher bond yields make their dividends less attractive.” BloombergThe guaranteed yield on the 1-year Treasury bond broke above 5% yesterday and – suddenly? – a risky dividend yield of 3.05% becomes ‘less attractive'? Why were the lowly yields on utilities, which are the highest of any S&P group, not ‘unattractive' a couple of months ago or even last year? Read full article... Read full article...
Tuesday, June 12, 2007
Finding the best tech stock to own today / Stock-Markets / Tech Stocks
Twenty-two days — that's how long I spent racing around Asia on this last trip. I missed one of my daughter's dance recitals and a lot of my boys' baseball games. But I firmly believe there's no substitute for boots-on-the-ground research.
Reason: Every trip I've ever made has translated into big investment profits down the road.
And let me tell you, this was my most productive trip yet! I looked at several dozen companies, and I have a small handful to add to my buy list.
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Monday, June 11, 2007
Weekly Stock Market Technical Analysis Report - 11th June 07 / Stock-Markets / US Stock Markets
The good news is: All of the major indices hit multi year or all time highs Monday.
Short Term
All of the major indices completed a run of 6 consecutive up days on Monday leaving the market very overbought. The three consecutive down days that followed culminated in a washout on Thursday that is likely to have relieved selling pressure for the next several weeks.
Sunday, June 10, 2007
Stocks & Commodity Markets Analysis - Don't Say the Crash Word (Yet) / Stock-Markets / Financial Markets
Finally, a double top! Or, wait, was it just a pullback in an uptrend?The volatility we promised back in January has been a constant theme this year, and the market continues to punish anyone that is wrong or just has some of that good ol’ bias. “Crash”, the C-word, was once again splattered across the topic lines of many forums and financial groups. You would think after what we went through this year at the March bottom, and last year in June, people would learn to at least give it more than a week before labeling the move.
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Saturday, June 09, 2007
A little Stock and Gold Market Dip Do ya, Plus a Look at the Week Ahead / Stock-Markets / US Stock Markets
A week ago, we alerted readers of an imminent June Swoon . We opened last week's commentary by stating: “After 11-weeks of nothing but blue-sky, we suspect this bull may be growing bored of the dominance it imposes upon bears at will. Perhaps a couple of weeks respite in June ought to be a minimum at which this easily antagonized bull may once again become angered, electing to resume its deceptive charge with renewed fury.”Read full article... Read full article...
Friday, June 08, 2007
What do Stock Markets have to do with the Price of Pork in China? / Stock-Markets / Chinese Stock Market
By tripling the tax on brokerage transactions, the Chinese government succeeded, at least temporarily, in restraining the surging Chinese stock market. But my expectation is that the correction will be short-lived. It's not that the Chinese stock market is not a bubble, as it clearly is, only that more air will likely inflate it further before it finally bursts.Read full article... Read full article...
Thursday, June 07, 2007
Significant GLOBAL Stock Market Action Signals Explosive Bull Markets Ahead! / Stock-Markets / Global Stock Markets
For greater insight into our publication, have a look at the Overview of Tedbits . It helps current and potential subscribers understand our mission in serving you. It also gives a broad description of what's unfolding globally and what you can expect from Tedbits as a regular reader.
In This Issue
CRACK UP BOOM series intro
Significant "GLOBAL" stock market action signals explosive bull markets ahead!
This week we are beginning a "new series" of commentaries and mental exercises centered on the concepts of a "Crack-up Boom" by Ludvig Von Mises. As you all know who read me regularly, I will be using history as a yardstick to the future. There are fascinating thoughts which explain many of the things we see unfolding in many, many markets (art, stocks, real estate, etc) worldwide.
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Wednesday, June 06, 2007
Global Liquidity Crisis when the Credit Boom comes to an End / Stock-Markets / Liquidity Bubble
Stock markets around the world have been skyrocketing lately. In fact, Forbes reported on Tuesday that: “all 22 of the developed-world markets tracked by Morgan Stanley Capital International are in positive territory year-to-date… Emerging markets are looking just as flush. Of the 29 emerging market countries that MSCI tracks, only four — Argentina, Sri Lanka, Russia and Venezuela — are in negative territory.”There's just one little problem; the Commerce Department announced yesterday that that GDP in the first quarter was revised downward to a measly .6%.
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Wednesday, June 06, 2007
Are the Worlds Stock Markets and Commodity Bubbles Peaking? / Stock-Markets / Liquidity Bubble
Get this:
- China is serious about slowing their stock bubbles. They just increased a stamp tax to .3% on stock sales, formerly a .1% rate. This is not a miniscule amount because it is assessed on every trade - they add up. China has raised interest rates repeatedly, and their senior economic leaders have stated that their stock bubbles are rising too fast. China intends to cool their bubbles. More on that, but they may be the ones to break the entire world financial bubbles - first - judging on the reaction to their February 9% stock declines that led to two weeks of serious Asian market crashes - and one 500 point drop in the US DOW - that led to so much volatility that Dow fell behind in the quotes for several hours that day.
Wednesday, June 06, 2007
How High Can the Stock Markets Go? / Stock-Markets / US Stock Markets
Not so long ago a triple point gain, like the one that occurred last Wednesday or a similarly sized loss, a healthy correction that hasn't happened in far too long was serious news indeed. The math suggests why. A 100 gain/loss when the Dow was at 8000 represented a 1.25% move whereas a similar gain in the 13,000 point range coughs up half as much of a move but twice the chatter.
With the Dow setting new daily records and the S&P 500 now in the same territory, one wonders what kind of news will move traders do change course. What economic tidbit will convince them to pile in with ever greater abandon or take their money and head for the exits?
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Tuesday, June 05, 2007
Dangerous Divergences in the Global Bond and Stock markets / Stock-Markets / Global Financial System
Once upon a time, many years ago, the US stock market lived in fear of a violent band of traders known as the “bond market vigilantes”. Whenever the Federal Reserve's money supply measures grew too rapidly, or the US economy grew too strongly threatening to stoke higher inflation, the “bond vigilantes” would take matters into their own hands, by jacking-up 30-year Treasury bond yields as much as 25 basis points or short-term T-bill rates by 50 basis points in a single day.Former US Treasury secretary Robert Rubin convinced his boss, President Bill Clinton that taming the “bond vigilantes” by reducing the budget deficit was the best way to reach long-term economic prosperity. As Clinton political guru James Carville famously put it, “I used to think if there was reincarnation, I wanted to come back as the president or the Pope or a .400 baseball hitter, but now I want to come back as the bond market. You can intimidate everybody,” he once quipped. Read full article... Read full article...
Tuesday, June 05, 2007
Asian Stock Markets Hot or Frenzy? / Stock-Markets / Global Stock Markets
The data from the companies which analyze where investors are putting their money tells us there is a lot of money flowing into international funds and especially Asia. This week's Outside the Box we look at a short but thoughtful piece by my good friend and partner Jon Sundt of Altegris Investments. Jon is personally bullish on Asia, but he offers us a graph and some thoughts of which you should be aware before you start putting money into the high flying Asian funds.I will add a few comments at the end, but let's jump right into Jon's piece.
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Tuesday, June 05, 2007
China Stock Market Crash Changes Nothing / Stock-Markets / Chinese Stock Market
Tony here, with an important update on China. Shanghai's stock market tumbled 8.3% on Monday … and that fall came on top of the 6.5% one-day drop we saw last Wednesday.
The reason for the slide: The Chinese Ministry of Finance decided to raise the stamp duty on stock transactions from 0.1% to 0.3%.
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Monday, June 04, 2007
Weekly Stock Market Technical Analysis Report - 4th June 07 / Stock-Markets / US Stock Markets
The good news is: All of the major indices closed at multi year or all time highs Friday.
Short Term
All of the major indices were up every day last week leaving the market overbought.
Intermediate term
Expanding new highs in a rising market indicate broadening participation.
Monday, June 04, 2007
In the Heart of The Stock Market Mania / Stock-Markets / Liquidity Bubble
This article was posted for the benefit of subscribers on May 15, 2007
That's where we are at present – right in the heart of the mania. Are we referring to the stock market mania in isolation? Heck no. We are referring to the source of all the manically derived asset bubbles floating round these days, that being the mother of all bubbles then, the credit bubble . And as Doug Noland correctly points out this week in his column, Credit Bubble Bulletin , and as alluded to above, it should be realized these bubbles include more than just ‘investments', but all sorts of things (collectibles), such as fine art . Of course the banking community does not care what people are buying and selling just so long as they are doing exactly that, and at an increasing rate if possible so their job of tinkering with growth rates is eased.
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Monday, June 04, 2007
Nolte Notes - The Bull Market Continues! / Stock-Markets / US Stock Markets
It was Christmas in June for the financial markets, as they got everything they wanted from the economic reports last week. The consensus view after the reports was that the economic slowdown of the first quarter was merely a blip in the overall scheme, and the economic engine has once again sputtered to life and is running well. Judging by the income and spending report, it is very clear that the consumer is not yet done making purchases – however it is unclear how much of the spending is going toward the high and rising energy products. The employment report was a bit better than expected, however some are quibbling about the “birth/death” rates that are a part of the calculation. Without getting too technical, it doesn't refer to employees being born or dying, rather businesses going out or coming into existence.
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Monday, June 04, 2007
New Profits in the Old World - Europe / Stock-Markets / European Stock Markets
When I think of the Old World, among the images that first spring to mind are those of medieval castle towns like Heidelberg, where Rupert the Red founded the fourth university of the Holy Roman Empire in 1386 … or of the Acropolis, rebuilt by Pericles during the Golden Age of Athens between 460 and 430 BC.
It's only on second thought that I remember the modernity of today's Europe.
Similarly, when you think of the European economy, you typically associate it with outdated economic models — burdensome taxation, non-productive social support systems, and a tangled web of government regulations.
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Monday, June 04, 2007
Honest Money Financial Markets Wrap - Stocks, Commodities and Gold / Stock-Markets / Financial Markets
Economy
The Reuters/University of Michigan's final index of consumer sentiment increased to 88.3 in May, from 87.1 in April.
The Institute for Supply Management's factory index rose to 55 in May, from 54.7 in April.
The National Association of Realtors reported that pending home resales fell 3.2% to 101.4, the lowest since February 2003. The March report was revised down 4.5%. The index is down 10.2% from April 2006.
Rising mortgage defaults are increasing the supply of houses for sale. Banks and other lenders are raising their lending standards, resulting in home purchases being less affordable to fewer buyers.
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Sunday, June 03, 2007
Stock Market Cycle Turning Points Analysis 3rd June 2007 / Stock-Markets / US Stock Markets
Current Position of the Market.
SPX: Long-Term Trend - The 12-year cycle is still in its up-phase but, as we approach its mid-point some of its dominant components are topping and could lead to a severe correction over the next few months.
SPX: Intermediate Trend - With the price reaching the preferred target area in an appropriate time frame, the rally from 3/14 should be coming to an end.
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Saturday, June 02, 2007
Trading the Short-term Stock Market Trend Within the Long Term Trend / Stock-Markets / US Stock Markets
We track both the primary (long-term) trend, and the short-term trend. Knowing both is key to making money trading or investing in the stock market . Simply, increase exposure when playing a short-term trend that is in the same direction as the primary trend.Read full article... Read full article...