Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Wednesday, February 20, 2013
Investors Scrambling for Returns in 2013 / Stock-Markets / Investing 2013
In this special edition of Outside the Box, World Money Analyst contributor Ankur Shah digs in his heels to help us all stay uphill from the slow-motion, jumbled landslide of bond yields and equity returns. Putting some solid analysis under our feet, he leads us onward and upward, dodging dislodged corporate-earnings boulders, relaying warnings shouted back by Head Sherpa Bill Gross, guiding us up the narrow but rock-solid ridge of dividend yields – and what’s that we see glimmering up there, through the swirling mists; can it be this mountain really is capped with gold? To the summit, then!
In all seriousness, Ankur gives us a somewhat technical analysis of the potential for future stock-market returns. This makes a great companion piece to the work Ed Easterling and I did a few weeks back on secular bear markets. In short, the data are not consistent with the beginning of a new secular bull market. Returns are likely to be muted over the next few years.
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Tuesday, February 19, 2013
It's Not Too Late to Japanese Stocks for 2013 / Stock-Markets / Japanese Stock Market
Dr. Steve Sjuggerud writes: In November, I told you to buy Japanese stocks...
I said they were cheap, ignored, and in a new uptrend. "With these three things in place," I wrote at the time, "we have everything we look for in an investment."
Since then, we've seen a HUGE move in the Japanese stock market. It's up 30% in just three months!
Tuesday, February 19, 2013
G20 Tuesday – Nothing Ventured, Nothing Accomplished / Stock-Markets / Stock Markets 2013
OK, cheating a bit here.
I started this article on Friday and we were reviewing Anthony Mirhaydari's list as it's an excellent jumping-off point for contemplating the current market situation. I ran out of time on Friday, as I hadn't intended to get into such a major topic at first, so we're going to finish the list off this morning and discuss on this market holiday below (also, there was lots of good stuff in weekend Member Chat – see the end of Friday's comments):
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Tuesday, February 19, 2013
Capex Set to Fuel a 5-Year Stock Market Rally / Stock-Markets / Stock Markets 2013
David Zeiler writes: A rising tide of capital expenditure (capex) spending by U.S. companies will drive a stock market rally that could last as long as five years, BMO Capital Markets Chief Investment Strategist Brian Belski says.
In a message delivered to several news outlets, Belski argued that U.S. companies will soon start using their increasing cash piles to invest in their own businesses. He sees it as the next logical progression for companies with strong balance sheets.
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Tuesday, February 19, 2013
Stock Market Looks Like Forming a Double Top / Stock-Markets / Stock Markets 2013
Current position of the market
SPX: Very Long-term trend – The very-long-term cycles are down and, if they make their lows when expected (after this bull market is over) there will be another steep and prolonged decline into late 2014. It is probable, however, that the severe correction of 2007-2009 will have curtailed the full downward pressure potential of the 120-yr cycle.
Intermediate trend – It is probable that the intermediate correction ended at 1398 and that a new uptrend is in progress which could carry a little further after a correction.
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Monday, February 18, 2013
U.S. Stock Markets Uptrend Continues / Stock-Markets / Stock Markets 2013
While the US equity market made new uptrend highs this week, it did not do much to excite bulls nor bears. The entire range for the week was SPX 1514-1525. For the week the SPX/DOW were mixed, and the NDX/NAZ were -0.25%. On the international front. Asia gained 0.8%, Europe gained 0.3%, and the DJ World index was -0.1%. Economic reports continue to come in on positive. On the uptick: retail sales, export/import prices, business inventories, the NY FED, capacity utilization, consumer sentiment, investor sentiment, plus the budget deficit turned surplus, and weekly jobless claims improved. On the downtick: industrial production, the WLEI and the M1 – multiplier. Next week we get reports on housing, leading indicators and the FOMC minutes. Best to your week!
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Monday, February 18, 2013
Calling All Stock Market Bears / Stock-Markets / Stock Markets 2013
It’s been a few weeks since my last report so I thought I would update the ideas we have been working and what I think it’s potentially setting up going forward.
US markets
Although we have seen some great price action in other markets, the US markets have remained in a small range, and we still are waiting for a strong break, or a resolution to our current ideas I suggested to members that we go looking for other ideas.
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Sunday, February 17, 2013
The State of the Global Financial Markets 2013 Online Conference / Stock-Markets / Financial Markets 2013
The State of the Global Markets Online Conference is a weeklong event hosted by the authors of EWI's new 40-page report, The State of the Global Markets -- 2013 Edition, which has now been downloaded by more than 10,000 investors worldwide. Learn more about the event and download the 40-page report now -- both are free >>
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Sunday, February 17, 2013
Investing in a Low Economic Growth World / Stock-Markets / Investing 2013
The jury – unless you are the Fed and Ben Bernanke or the Congressional Budget Office, which cannot make lower growth assumptions without really blowing their deficit projections out of the water – is pretty well in on GDP growth: it’s going lower. Ed Easterling and I wrote a recent Thoughts from the Frontline on multiple pieces of research suggesting slower future growth. We asked the question, “So what about stock prices; will they follow suit?” Our thought was that, over time, they would.
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Saturday, February 16, 2013
What Happens to a Financial System When Its Two Biggest Pillars Collapse? / Stock-Markets / Eurozone Debt Crisis
Those EU leaders who have yet to be implicated in scandals are not faring much better than their more corrupt counterparts. In France, socialist Prime Minister Francois Hollande, has proven yet again that socialism doesn’t work by chasing after the wealthy and trying to grow France’s public sector… when the public sector already accounts for 56% of French employment.
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Saturday, February 16, 2013
Stock Market Holding...Whipping Between Support And Resistance... / Stock-Markets / Stock Markets 2013
The market has had a way of holding up into multiple overbought episodes across all of the major index charts on their dailies. At some point, it will fall very hard, but for now, there is nothing indicating that this will happen now. We are not getting the type of market opening candle-stick prints that would suggest something nasty is upon us, although the market doesn't always have to be that friendly and give us a warning sign we can count on. A large gap up that closes with a black candle or worse yet, a red one, would indicate the market has topped out for the short-term, and that you should be in mostly, if not all, cash. You can even take a short or two on the indexes.
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Saturday, February 16, 2013
Fiat Currency Witches Brew, Collapse of the Keynesian Ponzi Economic Model / Stock-Markets / Credit Crisis 2013
Throughout history Fiat currency and credit systems have failed upon the greed and avarice of those who controlled them and this episode will be no different. The currency and bomb...er...bond markets are GROUND ZERO of the unfolding Societal and financial system destruction. The money printed to date will be dwarfed by what is to come. This is the greatest OPPORTUNITY in HISTORY for applied Austrian investing and the demise of the KEYNESIAN PONZI model.
The greatest transfer of wealth from those that hold/store it in paper to those that don't is underway!
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Friday, February 15, 2013
Global Stock Markets, Economies Mired in Early Stages of Biggest Disaster Ever / Stock-Markets / Stock Markets 2013
The following is a sample from Elliott Wave International's new 40-page report, The State of the Global Markets -- 2013 Edition: The Most Important Investment Report You'll Read This Year. This article was originally published in Robert Prechter's September 2012 Elliott Wave Theorist.
Global markets and economies are mired in the early stages of the biggest disaster ever. Most people think both areas are in the early stages of a prolonged recovery, but in fact they are on the cusp of the second downturn, which will be of epic proportion. The world is in the grip of a bear market. You wouldn’t know it from watching the S&P and the NASDAQ, but just about every other major market average in the world has been falling, including those of China, Japan, Europe, the BRICs, emerging markets, and even the broad U.S. market, shown in the chart below. And these indexes have fallen far further in inflation-adjusted terms.
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Friday, February 15, 2013
Eurozone Debt Crisis Isn't Over, Investors Cannot Relax / Stock-Markets / Eurozone Debt Crisis
David Zeiler writes: After nearly four years, billions in bailouts and increasingly strict austerity measures, not only is the Eurozone debt crisis no closer to resolution, but the attempts to solve it are pushing the region deeper into recession.
According to Eurostat, the Gross Domestic Product (GDP) for the 17-nation Eurozone plunged 0.6% in the final quarter of 2012, a steeper drop than the 0.4% economists had expected and the worst decline since 2009.
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Friday, February 15, 2013
Five State of the Union Bullet Points You Need to Know / Stock-Markets / Financial Markets 2013
Keith Fitz-Gerald writes: Since President Obama's State of the Union Address Tuesday night, there have been a lot of articles dissecting his remarks and picking his proposals apart. As you might suspect, the vast majority have been politically charged by one side of the aisle or the other.
As Chief Investment Strategist for Money Map Press, I can't afford the luxury of taking sides. It's my job to help the hundreds of thousands of investors who are part of our family with their money...politics aside.
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Friday, February 15, 2013
Global Race to Debase Impact on Stocks, Commodities and Housing Markets / Stock-Markets / Financial Markets 2013
The 'race to debase' is on and the majority of nations are now involved in competitive currency devaluations. For instance, in addition to America, Euro zone and Switzerland, even Japan has now affirmed that it wants to weaken its currency. Furthermore, almost every country in the developing world is also expanding its monetary stock. Consequently, the world is being flooded with currency units and unless the monetary system changes, it is likely that this policy will continue.
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Thursday, February 14, 2013
Stocks Stealth Bull Market Forecast 2013 Video / Stock-Markets / Stock Markets 2013
The stock market (DJIA) continues to gyrate around the psychologically important 14,000 level as it fights hard against resistance to break to a new all time high. Many investors having missed what amounts to a 4 year stocks stealth bull are wondering whether now is a good time to jump aboard or not.
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Thursday, February 14, 2013
One More Reason for Stock Market Investors to Be Cautious / Stock-Markets / Stock Markets 2013
Jeff Clark writes: There's no sense in being bearish this time of year.
Stocks have a strong seasonal tendency to move higher from January through April. Just look at the action over the past two years as proof. In 2011, the S&P 500 gained about 9% during the first four months of the year. Last year, it gained more than 6% over the same time frame.
Thursday, February 14, 2013
Stock Market Near Overbought Again....Not Yet At Bull-Bear Extremes / Stock-Markets / Stock Markets 2013
It was surprising and good to see the bull-bear spread actually pull in a drop this week. Bears stayed the same, but the bulls dropped a bit, which allowed the spread to pull back 1% to 31.5% more bulls than bears. Maybe it doesn't seem significant, but it is good to see the sentiment dry up a bit, or else we would have hit that first magical red-flag level of 35%. It's not a sell signal at 35%, as it takes 40% to get that to kick in, but it's never good once you get to 35%. At 31.5%, however, you can still see quite a decent pullback, especially since many of the major-index daily charts are flirting once again with 70 RSI's. The mid-caps actually got decently above 70 RSI, while the rest are in the mid-to-upper 60's on average.
Thursday, February 14, 2013
Stock Market Boldly Going Where It Hasn’t Gone Before! / Stock-Markets / Stock Markets 2013
Doug Short writes: The phrase “To boldly go where no man has gone before” was made popular by the Star Trek series back in 1966 (wisely ignoring the priggish rule against split infinitives).
The Wilshire 5000 is taking investors where they have never gone before, as it breaks into all-time high territory at (1) in the chart below.