Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Friday, September 05, 2014
Stock Markets Climb as World Faces Crisis / Stock-Markets / Stock Markets 2014
On August 28th while the geographical area formerly known as Iraq descended further into chaos, President Obama announced to the world "We don't have a strategy, yet." A few days later, another brave American journalist was brutally beheaded by a slickly televised cockney-accented jihadist. Clearly things are not going well outside the bubbly confines of the S&P 500.
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Thursday, September 04, 2014
Stock Market Bears At 27 Year Lows... Complacency At Extremes.... / Stock-Markets / Stock Markets 2014
What can you say. I warned this morning that buying the gap up probably didn't make muchsense. Buying any strength in a froth-driven market probably isn't the best idea. After a large gap up to start the day, we saw the key-index charts close with either nasty black candles, or worse, red candles, especially the Nasdaq and small caps. The selling wasn't intense, but the closes were well below the gap up open suggest sustained upside will likely be tough for a while here. In normal times, these types of candle sticks would be the prelude to some very intense short-term selling, but you can't count on that here since the rate driven bull is still very much alive.
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Wednesday, September 03, 2014
Despite Growing Risks it's Still Janet Yellen's Stock Market / Stock-Markets / Stock Markets 2014
The current stock market is earning a deserved reputation as being coated in Teflon. Bad or disappointing news just doesn't appear to stick, and has done nothing to slow the market's upward trajectory. Bad news is good and good news is good news. But where does this all end? A minority of investors have begun to wonder whether negative geo-political risks, embodied in the steely-eyed stare of Vladimir Putin, are exerting more influence on the market than the sunny smiles of Janet Yellen. Just going by the market numbers, Yellen remains firmly in the driver's seat. Thus far this year, the S&P 500 is up more than 8% and there has been little evidence that investors fear a pull back.
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Tuesday, September 02, 2014
"Financialization" Will Ruin America. Unless We Do This... / Stock-Markets / Market Manipulation
Shah Gilani writes: There's a reason America is floundering economically. There's a reason for the ever-widening divide between the "haves" and the "have-nots" in the United States.
Our country is no longer a free market, capitalist republic.
America has devolved into a socialist plutocracy as a result of the "financialization" of the economy.
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Tuesday, September 02, 2014
Stock and Commodity Market Ratio Messages / Stock-Markets / Financial Markets 2014
Using monthly charts I want to update more big picture views of where we stand in the financial markets. This is just a brief summary [edit; okay it's not so brief. In fact it had to be ended abruptly or else it would have just kept on rambling] and not meant as in depth analysis with finite conclusions.
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Tuesday, September 02, 2014
Stock Market Approaching An Important High? / Stock-Markets / Stock Markets 2014
Current Position of the Market
SPX: Long-term trend - In 1932 and 1974, the 40-yr cycle was responsible for protracted market weakness. The current phase is due this year but where is the weakness? Has man (Federal Reserve) finally achieved dominance over universal rhythms or has it simply delayed the inevitable?
Intermediate trend - The correction is over and what is most likely the final phase of the uptrend (before a more serious correction) is underway.
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Monday, September 01, 2014
When Complexity Becomes Chaos / Stock-Markets / Financial Markets 2014
Modern achievements, especially in medicine and technology (fueled by cheap energy), have made the human experience longer and easier.Yet, at the base of it all lays the irrational man, still flinging immorality from the cages of his ongoing existential dilemma.
Despite the existence of natural governors, humans are still prone to abuse of power for the sake of power alone.
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Sunday, August 31, 2014
Dow, Gold and Silver - A Last Stand, A Fake Out And A Surge / Stock-Markets / Financial Markets 2014
The Dow hit a marginal new all time high during the last week. So let’s see where things stand there first.
DOW DAILY CHART
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Saturday, August 30, 2014
Reasons to Be Bullish On Stocks / Stock-Markets / Stock Markets 2014
Alexander Green writes: Just a few weeks ago, the bears started thinking things were finally going their way.
But it didn't work out that way... again.
This week, the S&P 500 closed above 2,000 for the first time. The Nasdaq hit its highest level in 14 1/2 years.
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Saturday, August 30, 2014
Stock Market Inflection Point Approaching / Stock-Markets / Stock Markets 2014
The market started the week with a gap up opening on monday, hit SPX 2005 on tuesday before noon, then traded in a 14 point range for the rest of the week. For the week the SPX/DOW were +0.7%, the NDX/NAZ were +0.8%, and the DJ World index gained 0.6%. On the economic front positive reports outpaced negatives ones, led by a Q2 GDP +4.2%. On the uptick: new/pending homes sales, durable goods orders, the FHFA, consumer confidence/sentiment, Q2 GDP, personal income, the PCE, and the Chicago PMI. On the downtick: the WLEI, Case-Shiller, and personal spending. Next week will be highlighted by the FED’s beige book, ISM, and the Payrolls report.
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Saturday, August 30, 2014
Stock Market Status Quo.... / Stock-Markets / Stock Markets 2014
This an abbreviated holiday edition.
Folks, to be honest, there's not much to day about this market that we haven't discussed repeatedly for weeks, if not months. There are a number of issues the market is facing that one would think would be the beginning of the end for the bulls. We have overbought conditions on the key-index charts across most of the time frames everyone uses in one way or another. We have some divergences around, and most of all, we have froth at extremely high levels that usually knock the market down in a very large way. Not just your casual 4-5% correction, but levels that can cause bear markets meaning at least a correction of 20% or more. At times, 50%. Yes folks, the froth readings are that bad.
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Friday, August 29, 2014
Don't Get Ruined by These 10 Popular Stock Market Investment Myths / Stock-Markets / Stock Markets 2014
Interest rates, oil prices, earnings, GDP, wars, terrorist attacks, inflation, monetary policy, etc. -- NONE have a reliable effect on the stock market
You may remember that during the 2008-2009 financial crisis, many called into question traditional economic models. Why did the traditional financial models fail?
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Friday, August 29, 2014
Cycles Have a History, You Should Read About It / Stock-Markets / Cycles Analysis
Last year, I was reading a sidebar in Barron’s where ex-fund manager and PIMCO director Paul McCulley was talking about a stock market peak later that year… at the same time sunspot cycles were forecast to peak.
This wasn’t the first time I’d heard respected analysts connect market activity to sunspot activity. Charles Nenner, a prominent cycle analyst believes there’s a plausible connection. So does Richard Mogey, founder of the Foundation for the Study of Cycles (and a speaker at our October IES Conference in Miami).
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Friday, August 29, 2014
Stock Market in a Quandary? / Stock-Markets / Stock Markets 2014
Yesterday’s decline did not appear impulsive enough to qualify as a Wave 1 down at any degree. In addition, despite Macro Wave I’s uncertain pedigree, Micro Wave iii and v are clearly impulsive. If this morning the SPX does not break down, it may leave us with a probable final Ending Diagonal sub-Minute Wave (v) to go if my earlier wave structure is incomplete. The reason I bring this up is that the futures made a new high, but are now pulling back. The Premarket is up on horrible news, but may only be completing a 5th wave of c of Wave (ii).
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Thursday, August 28, 2014
Central Banks at the Root of Evil / Stock-Markets / Financial Markets 2014
The current bubbles in financial assets -- in equities and bonds of all grades and quality -- raging in every major market across the globe are no accident.
They are a deliberate creation. The intentional results of policy.
Therefore, when they burst, we shouldn't regard the resulting damage as some freak act of nature or other such outcome outside of our control. To reiterate, the carnage will be the very predictable result of some terribly shortsighted decision-making and defective logic.
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Thursday, August 28, 2014
The Stock Market is Getting Edgy / Stock-Markets / Stock Markets 2014
This morning’s Premarket is down pretty substantially. The news is making things worse for the market that was already in decline at 5:00 am. Although the news may be blamed for the decline, it was already built into the Cycles Model.
The high on August 26 is 27 years and a day (3.1416 * 8.6) from the high leading into the 1987 crash. If it follows the 43-day Panic Cycle then we may follow the exact same pattern as in 1987.
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Thursday, August 28, 2014
Stock Market Negative Expectations Following Short-Term Consolidation / Stock-Markets / Stock Markets 2014
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,030, and a profit target at 1,900, S&P 500 index)
Our intraday outlook is bearish, and our short-term outlook is bearish:
Intraday (next 24 hours) outlook: bearish
Short-term (next 1-2 weeks) outlook: bearish
Medium-term (next 1-3 months) outlook: neutral
Long-term outlook (next year): bullish
Thursday, August 28, 2014
What the Burger King Deal Tells Us About Today's Stocks Bull Market / Stock-Markets / Stock Markets 2014
Michael E. Lewitt writes: The S&P 500 recently hit a new high as it drove through the 2000 mark for the first time in history on the day that Burger King Worldwide Inc. (NYSE: BKW) announced that it would purchase iconic Canadian fast food chain Tim Hortons Inc. (NYSE: THI).
Thus far in 2014 there have been $2.3 trillion of announced mergers & acquisitions (M&A) transactions around the world - $1.16 trillion in the United States alone - and undoubtedly there are more on the horizon.
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Thursday, August 28, 2014
Stock Market Will We Ever Sell......!..Froth Ramping Again... / Stock-Markets / Stock Markets 2014
Of course we will, and the market is set up right here to do so, except thus far it hasn't. Three straight days of daily-chart topping sticks across all the major indexes. It hasn't mattered. The market refuses to sell. It really should from here. Overbought and negative divergences and major froth and.....! You get the idea. At least a small pullback, one would think. So today we were set-up to sell, and although we tried to really sell-off late in the day, over the last thirty minutes the Spy was able to rally back up and barely finish in the red.
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Wednesday, August 27, 2014
Stock Market Panic Decline Begins / Stock-Markets / Stock Markets 2014
SPX escaped the support of its Ending Diagonal trendline yesterday, putting it at risk of a sharp decline. Yesterday’s peak at 11.27 a.m. put it within an hour of 17.2 days of rally since its low at the close of August 7.
The Premarket is flat with a slight downward bias this morning. There is more bad news out of Europe, but traders appear to be jaded with no news of any significance being reported domestically.
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