Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.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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Tuesday, February 05, 2013
Stock Market SPX Sell Signals Confirmed / Stock-Markets / Stock Markets 2013
The sell signal in SPX is now confirmed. This Broadening Wedge has an average target of 1200.00. I expect to see a minimum 30 point drop from here. Very likely the decline will take SPX to its Intermediate-term support at 1460.14 or to the hourly Cycle Bottom at 1458.34. Both of these supports are rising quickly, so we’ll have to keep that in mind as the SPX probes for its next bottom.
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Tuesday, February 05, 2013
Peter Schiff Video on Gold, Inflation, and U.S. Interest Rates / Stock-Markets / Financial Markets 2013
Two highly successful libertarian iconoclasts – Peter Schiff and Doug Casey – in a wide-ranging, thought-provoking conversation covering precious metals, the status of Peter's father, Irwin Schiff, the near future of the US dollar, and much more.
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Tuesday, February 05, 2013
The Stock Market in a “Technical Bull”, Fascinating Juncture / Stock-Markets / Stock Markets 2013
Prime Minister David Cameron stalls the “European Project”:
Late last month one of the most important speeches on Europe ever made by a British Prime
was presented by David Cameron to a central London audience at an event hosted by Bloomberg. The speech sent shock-waves throughout the European establishment.
Salient excerpts are quoted below courtesy of “The Independent.co.uk”.
Monday, February 04, 2013
What the Real Stocks Bear Market Looks Like / Stock-Markets / Stocks Bear Market
It seems pertinent that only the indexes that one can leverage in quantity with futures - the S&P and Nasdaq - have risen over the past half year. Maybe this selectivity is for technical reasons, but there might be another explanation. Institutions, not the public, have driven the rally, and they can borrow billions of dollars from banks to leverage their bets.
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Monday, February 04, 2013
All Markets Alerts - Stocks, Bonds, Dollar, Gold, Silver and Crude Oil / Stock-Markets / Financial Markets 2013
Never before have we seen major indicators in such a conflicting state. Taken in isolation many important indicators are giving clear signals, but they are in conflict with one another to the extent that the outlook is a clouded mess. When such situations arise it usually leads to choppy, treacherous market conditions until such time as the indicators align in a more unified manner.
There are lies, damned lies and statistics, which is why we generally use charts in preference to the latter, but as you will see as you read through this report, using charts is not always a piece of cake either, especially at a time like this. While you will soon understand what I mean when I say that the indicators are conflicting, that certainly does not mean that we can't come to some useful conclusions about probabilities and how to handle these markets going forward.
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Monday, February 04, 2013
Adding Perspective To The U.S. Dollar, Bonds and Stocks / Stock-Markets / Financial Markets 2013
I go back almost six decades and that allows me to compare what I experience now with things I experienced fifty years ago. In the countries I travel in it takes close to US $100 to fill up a gas tank. By comparison I seem to recall that in 1970 I spent US $5.00 to do the deed. I also seem to recall that governments talked about “millions” when they discussed things, and that increased to the hundreds of millions when Viet Nam was in full bloom and Nixon took the helm. Things pretty much stayed that way until Reagan took over and then the term “billion” began to receive attention. Slowly we moved from tens of billions to hundreds of billions as the US moved from the first Iraq war to the second Iraq war in a search for those elusive weapons of mass destruction.
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Monday, February 04, 2013
A Tidal Wave of Capital Dry Powder for an Explosive Move Higher / Stock-Markets / Financial Markets 2013
Shah Gilani writes Not only is the market rally on, but trigger-happy bankers and private equity wheeler-dealers are about to send it even higher.
The reason is simple: There are trillions of dollars of cash just sitting on the sidelines looking for a deal.
That means deal action-of all kinds-is about to get white hot.
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Monday, February 04, 2013
Stock Market – Bears Shmares. Where Is It? / Stock-Markets / Stock Markets 2013
Markets can remain irrational longer than you can remain solvent.
We cannot count how many times, over the past 4 years, the number of people who
have been salivating for a bear market, and not a few going short in “anticipation.”
This is not a bull market. This is a central planner’s market, and with Pinocchio Ben’s
backing, there is no one with pockets deep enough to counter the fiat-fueled up move.
Monday, February 04, 2013
How to Invest Within Kress Cycle 2014 Stock Market Crash / Stock-Markets / Financial Crash
Recently I asked a question that I suspect many followers of the Kress cycles have asked at some point. Here it is:
"I have been following your discussion on the Kress cycles for years. When I combine the market analysis from other [financial analysis] sources I am somewhat perplexed, however. I would desperately desire to make a keen strategic maneuver in the next 24 months with my retirement funds to, first, avoid the next crash predicted by the "hard down" phase of the Kress cycle. But then secondly, I'd like to be in the market to take full advantage of the ensuing bull market.
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Monday, February 04, 2013
Stock Markets Mixed Week with a Big Shanghai Bounce / Stock-Markets / Stock Markets 2013
Doug Short writes: As of Friday’s close, the eight world indexes in my weekend update presented a mixed bag. The China’s Shanghai Composite was the stellar standout, up 5.57%, a total reversal from its last-place finish the previous week. Japan’s Nikkei 225 finished in distant second with a gain of 2.42% and the UK’s FTSE 100 finished third, up one percent. The US’s S&P 500 and Hong Kong’s Hang Seng finished in the middle of the pack with similar modest gains, up 0.68% and 0.60% respectively. The bottom three indexes posted losses for the week, with India’s SENSEX as the worst performer, down 1.60%. France’s CAC 40 and Germany’s DAXK posted fractional declines.
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Sunday, February 03, 2013
Stock Market Uptrend Continues / Stock-Markets / Stock Markets 2013
Despite the FOMC meeting, a negative Q4 GDP, the monthly Payrolls report, and a number of other economic indicators this market was not volatile at all. The entire range for the week was SPX 1496-1514, a bit more than 1%. For the week the SPX/DOW were +0.75%, and the NDX/NAZ were +0.95%. Asian markets gained 1.3%, European markets lost 1.6%, and the DJ World index gained 0.7%. On the economic front positive reports outpaced negative reports 12 to 5. On the uptick: durable goods orders, the Chicago PMI, ISM manufacturing, Case-Shiller, construction spending, personal income/spending, the payrolls report, the ADP index, consumer sentiment, auto sales, and the WLEI improved. On the downtick: pending home sales, consumer confidence, and Q4 GDP, plus the unemployment rate and weekly jobless claims rose. Next week is a much lighter week with only five economic reports with ISM services and Consumer credit highlighting the week.
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Sunday, February 03, 2013
Stock Market Bull Rages On.... / Stock-Markets / Stock Markets 2013
I don't think anyone reading this letter tonight would argue that the bull market is raging along, overbought or not. Even the most bearish of traders has to realize, at this moment in time, the bulls are in full control of things. How can you argue with this type of price action? If you have, and you've been shorting, you are undoubtedly feeling the heat. Nothing good has been coming from shorting at overbought to this point. Of course, we will snap down for a correction at some point soon, but until now, shorting the overbought conditions have bought you nothing but heartache. Thinking you can short just because the market is overbought is a huge mistake.
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Sunday, February 03, 2013
Stock Market Elliott Wave Theory Analysis - Semper Terminus / Stock-Markets / Elliott Wave Theory
The near 4 year old stocks stealth bull market punches through resistance at Dow 14,000 and S&P 1500 for the first time since October 2007, with the Dow closing at 14,009 and the S&P at 1513. What happened to the final fifth ? According to the most ardent or rather vocal adherents of Elliott Wave Theory the stock market should have peaked over 3 years ago ! Sept - Oct 2009, then again peaked several times during 2010, then some more times in 2011, how many final peaks were there in 2012?, and as for January 2013? Yeah you guessed the END IS STILL ALWAYS NIGH!
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Sunday, February 03, 2013
Stock Markets at Extreme Levels, Asset Class Correlations / Stock-Markets / Stock Markets 2013
For the week ending February 1, 2013, the SPX was up 0.7%, the Russell small caps were up 0.6% and the COMP was up 0.9%.
The only noticeable divergence within the indices is the Nasdaq 100 which has failed to take out prior highs and has shown a clear loss of momentum. Technically it has not violated support and therefore remains in an uptrend.
Other indices also remain in an uptrend as daily support has not failed though they too are showing a loss of upside momentum. If you are long equity, stops that are recommend are roughly 1,490 on the S&P500, 895 on the Russell and 3,140 on the Composite.
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Sunday, February 03, 2013
Stock Market Broadening Top Pattern Meets the Inflation Mega-trend / Stock-Markets / Stock Markets 2013
The Dow having successfully breached the psychologically important 14k on Friday, an event that has triggered the mainstream media to busily dig out long-term charts for analysis that show that the market is approaching a multi-year high that is coupled with dubious concluding implications.
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Saturday, February 02, 2013
Harry Dent: Stock Market Roller Coasters and Bear Megaphones / Stock-Markets / Stocks Bear Market
Booms and busts in the economy are based on predictable demographic cycles such as those studied by Harry Dent, founder of HS Dent, chairman of SaveDaily.com and author of "The Great Crash Ahead: Strategies for a World Turned Upside Down." In this Gold Report interview, Dent predicts a global crash between mid-2013 and early 2015, in an ongoing decade of economic coma. For now, gold and gold equities are great investments, but when the crash comes, read on to find out what he suggests will be a good sector until the echo generation enters the workforce and starts buying potato chips and houses.
The Gold Report: Harry, you base your economic predictions largely on demographics and demographic cycles. As the baby boomers enter old age and spend less, will that quash any hope of an upward trend in the overall economy?
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Saturday, February 02, 2013
Investor Critical Baseline Money Printing Realities / Stock-Markets / Financial Markets 2013
"Money printing creates illusory wealth and buys time, but if it was truly the answer to a deleveraging cycle, Zimbabwe would be a member of the G10."
David Rosenberg, Gluskin Sheff, 1/29/2013
Cleansing all the Recovery Hype off one’s Boots, it is well to remember the Key and Threatening Baseline Reality which David Rosenberg notes.
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Saturday, February 02, 2013
2012 Will be the Gold Stocks Year / Stock-Markets / Stock Markets 2013
Is your precious-metals portfolio ready for 2013? We want to get positioned in the best performers ahead of the industry's next big move to maximize profit while minimizing risk.
Some readers may question if gold stocks really have snapped out of their funk. We could discuss this topic for many pages, but the bottom line for us at Casey Research is simple: if you believe gold and silver prices are going higher, then equity prices will follow.
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