Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Sunday, February 10, 2013
Stock Market New Interim High / Stock-Markets / Stock Markets 2013
Doug Short writes: The S&P 500 charged from the opening gate, after having had an hour to consider the good news in today’s better than expected December Trade Balance report. The December improvement will likely lead to an upward revision to Q4 GDP in the Second Estimate. The index hit its intraday high about an hour after the open and then zigzagged in a narrow range to a closing gain of 0.57%, not far off the intraday high. Today’s performance salvaged the week, which logged a gain of 0.31% from last Friday, setting a new interim high.
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Saturday, February 09, 2013
Stock Market Recovery Continues To Topple ‘Big-Picture’ Theories! / Stock-Markets / Stock Markets 2013
There’s never a shortage of ‘big picture’ theories, usually of the gloom and doom variety. They certainly sell books; often cause anxiety, sometimes even fear. But they almost never come to pass.In the mid-1940s, as World War II entered its final stage, ‘big-picture’ theorists warned that the pending demobilization of 10 million men and women serving in the military would send unemployment into double-digits and the economy into a serious recession, probably a depression. They warned "when the war ends the government can't just disband the military, close down munitions factories and stop building ships. The result would be disastrous". They sure made it sound convincing, pouring out impressive statistics that supported their theories.
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Saturday, February 09, 2013
U.S. Economy Death Cross - Trouble Coming to Paradise / Stock-Markets / Stocks Bear Market
The Macro Indicators are signaling there is potential trouble coming to paradise.
Goldman Sachs points out in a recent study that there is a remarkably strong correlation which has emerged as a result of global central bank policy initiatives. The steely eyed Tyler Durden at Zero Hedge points out:
We have noted the odd cyclicality in macro data (and its leading effect on the market) and it seems Goldman Sachs has also noticed that something is different this time. For 15 years, the seasonal patterns in Goldman's macro index have been mild to totally negligible; but since 2009, something changed.
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Saturday, February 09, 2013
Authentic Market Trends and Investor Opportunities / Stock-Markets / Financial Markets 2013
“There is no paper money in 2014 or 2015 that will be worth much of anything.”
“You can’t get [silver coins]. They sell out….Several mints have run out of coins because everybody’s worried about the future of the world.”
“Gold has been up 12 years in a row which is extremely unusual for anything.”
“Don’t Sell Your Gold and Silver Coins: Jim Rogers The Daily Ticker, 02/07/2013
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Saturday, February 09, 2013
Monetary Flood, Nothing At All, Then All at Once / Stock-Markets / Liquidity Bubble
Where money was tight, suddenly it's all arrived at once. Just like trouble does...
Everywhere we look, investors suddenly see nothing but blue skies, plain sailing ahead. Their change of heart makes us nervous, writes Adrian Ash at BullionVault.
New York's S&P index is back where it stood in July 2007 - right before the global credit crunch first bit, eating more than half the stock market's value inside 2 years...
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Saturday, February 09, 2013
Stock Market Final Probe at the Top is Underway / Stock-Markets / Stock Markets 2013
The Head & Shoulders pattern in the NDX was nullified by this morning’s spike higher. It was replaced by another Orthodox Broadening Top. This is still within the prior OBT made over a month ago. The downside gap also remains. The urge to reflate is obvious in these repeating fractals. Broadening formations are rare and reveal confusion and a lack of leadership in the index. That is why the break-down will be severe, possibly monstrous. No one will take the blame for it, of course.
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Friday, February 08, 2013
Central Banks Rigging the Markets, Regulators Blind to LIBOR Fraud / Stock-Markets / Banksters
Thanks to a series of colossal failures that were impossible to hide, we now know that Futures Commission Merchants (FCMs) could instantly access billions of dollars that did not belong to them. Thanks to incriminating emails and ongoing settlements, we now know that a horde of banks can collude to rig key interest rate benchmarks for decades. This is what we now know after decades of malfeasance. Just imagine, then, what still goes on behind the curtain.
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Friday, February 08, 2013
Stock Market Insiders Head For the Exits, Do They Know Something "We" Don't Know? / Stock-Markets / Stock Markets 2013
Keith Fitz-Gerald writes: Whenever the markets begin to look toppy like they do now, I turn to short-term indicators to help me figure out "what's next" for the markets. It complements the fundamental analysis I rely on for the big picture.
Some people - lots of people, in fact - will tell you that this is a wasted exercise. Predicting the markets, they say, can't be done. I disagree if for no other reason that if that were true, guys like Jim Rogers, Warren Buffett, Steve Jobs, Richard Branson and Carlos Slim wouldn't be the legends they are today.
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Friday, February 08, 2013
Possible Clearing of the Economic / Financial Cloud of Uncertainty / Stock-Markets / Financial Markets 2013
Summary and conclusion - The (selected) charts are pointing to a rising probability that the cloud of uncertainty that overhangs the world economy – with particular reference to sovereign debt – may be clearing. Specifically, the evidence is (so far, tentatively) suggesting that the banks can be expected to win the war for control over the global economy.
Implications of this are moderately bearish for gold, seriously bearish for gold shares, moderately bullish for the nominal economy, moderately bearish for the real economy; and one implication is that investment in bank shares may be both prudent and profitable.
The analysis below supports the argument of some, that the central bankers’ strategy for repaying sovereign debt will be to deliberately engineer an environment of negative real interest rates against a background of moderate inflation. If, coupled with this, legislation is passed to “manage” the proportion of retirement savings that is invested in government bonds, then this will allow governments to rob Peter (the nouvea riche wealthy and middle class) to pay Paul (those who have lent money to the sovereign borrowers).
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Thursday, February 07, 2013
Investing In a World of Make Believe / Stock-Markets / Financial Markets 2013
In recent years, a high degree of economic, financial, and political uncertainty has resulted in acute volatility in stocks, real estate, commodities and precious metals. I believe that another aggravating factor has been the increasing skepticism through which the investing public views government statistics and statements.Read full article... Read full article...
Thursday, February 07, 2013
The Global Dominance Of Capital Rent / Stock-Markets / Credit Crisis 2013
IT STARTED IN EUROPE
With no possible surprise, the credit collapse since 2008 has its most sombre effects in Europe. Reasons for this include the very origins of the capital rent economy. The sterile debate between opponents and proponents of the state controlled economy, versus the free market economy, ignores the reality in all "mature economies" and firstly in Europe of the financiarized or capital rent dominated economy.
Thursday, February 07, 2013
Stock Market Sentiment Getting Up There...Not Yet At A Total Sell Signal...Caution For Now.... / Stock-Markets / Stock Markets 2013
When sentiment gets up to these levels you have to take notice and ask yourself about how much more upside there is before things come down hard. Historically it takes 40%, or slightly above, before a bear market starts for the short-term in order to unwind. In 2007 we saw it reach 42.5% before the crash in the stock market, and the same crash happened in 2011, with a 41.6% reading. We're at 33.6% with bears still above 20%, although real close at 21.1%.
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Thursday, February 07, 2013
Stock Market Gaps and Other Nasty Formations / Stock-Markets / Stock Markets 2013
Here is a closer examination of the NDX. Starting from left to right, you can see the huge island gap left on January 2. The NDX closed on December 31 at 2660.93. The Head is also an island reversal pattern, with the gap left open. You may say that the rally in the right shoulder to 2768.63 filled the gap. That may be so. That still leaves the massive gap underneath the current island formation. The Head & shoulders pattern will either fill the gap or, as I have suggested, leave another gap on the way down. The fascinating part is the closing price in the NDX on December 31 was 2660.93, only 78 ticks from the Head & Shoulders Minimum Target.
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Wednesday, February 06, 2013
Stock Market Euphoria as Fed Drives Up Stocks / 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 the October 2012 issue of The Elliott Wave Financial Forecast.
Read full article... Read full article...When government gets into the act of speculation, the top is usually way past having occurred. Government is the ultimate crowd, every decision being made by committee. It is always acting on the last trend, the one that is already over. (For example, the Federal government passed securities laws to prevent the 1929 crash...in 1934.) -- The Elliott Wave Theorist
Wednesday, February 06, 2013
Stock Market Reversal / Stock-Markets / Stock Markets 2013
Doug Short writes: The action in today’s S&P 500 was more or less a reversal of what we saw yesterday. The index surged at the open, rallied to mid-morning, leveled out for a couple of hours and then rose to its intraday high, up 1.29%, just before the final hour of trading. Some profit taking trimmed the gain for the day to 1.04%. This is the second best percent gain of 2013 — exceeded only by the 2.54% liftoff on first trading day of the year in celebration of the Fiscal Cliff resolution.
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Tuesday, February 05, 2013
Stock Market Bulls Should Be Careful Despite an Impressive January / Stock-Markets / Stock Markets 2013
George Leong writes: It’s amazing how resilient the equities market has been in spite of the concerns toward the budgetary cuts and debt ceiling, the eurozone’s stalling and debt, and the earnings risk.
The current equities market has some bull legs; it could advance higher, driven by more encouraging earnings and economic news, which has been positive.
Tuesday, February 05, 2013
Dow Stock Market Index To 14,000 ... and Beyond? / Stock-Markets / Stock Markets 2013
If you've been a hibernating bear lately, you've missed a ton of positive news, as U.S. construction spending rose, ISM manufacturing data beat expectations and the country added 157,000 jobs. In addition, the JP Morgan Global Purchasing Managers' Index rose to 51.5, staying above the expansion level for a second month in a row. The strengthening data, as well as improving investor sentiment, helped the Dow hit 14,000 for the first time since 2007.
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Tuesday, February 05, 2013
Bernanke Blows Bond Bubble into Stocks / Stock-Markets / Stock Markets 2013
Ben Bernanke was instrumental in creating a bubble in U.S. Treasuries. His actions have served to inflate it to the point that it has now become the greatest bubble in the history of global investment. Not only has the Chairman of the Federal Reserve guaranteed that current bond holders will get destroyed once the sovereign debt bubble bursts, but he has also begun to inflate yet another massive bubble in U.S. equity prices.
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Tuesday, February 05, 2013
How to Invest in 2013 Without Losing Your Shirt / Stock-Markets / Investing 2013
Steve Christ writes: What a long, strange trip it has been. Roughly four years after falling to 6,600, the Dow pushed back above 14,000 last week.
Of course, you would think that such a climb would be cause for some euphoria. But reading the mail that comes into Money Morning each day leaves me with another impression entirely.
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Tuesday, February 05, 2013
Overbought Stock Market Pullback...Finally.... / Stock-Markets / Stock Markets 2013
The market was begging for it. Day after day we stayed pretty much at overbought levels on all the major oscillators. The RSI's are sometimes staying well above normal overbought levels of 70. Readings in the lower 80's are not abnormal. You sit and wonder how long it can last. You know it's going to finally sell hard, but figuring out that moment is not an easy chore by any means. We have stayed overbought longer than most would have thought possible, and those who shorted at the first signs of overbought paid a big price as the market kept climbing higher. You had to stay with the trend as long as need be all the while waiting for the morning you wake up with the futures down hard. When these snap downs occur, it usually is with a strong gap lower that holds and trends lower throughout the day. Not necessarily always having to close on the lows, but clearly closing below the gap down readings. The bulls finally unable to make up the losses that took place early on. In the past that was an easy task, but finally today we saw the bulls unable to make it back.
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