Category: Stock Markets 2010
The analysis published under this category are as follows.
Friday, September 10, 2010
Stock Market Choppy, Corrective Session / Stock-Markets / Stock Markets 2010
By: Harry_Boxer
The stock market indices had a very choppy session. They gapped up strongly at the opening, but that was it right there at the highs in the first couple minutes. They pulled back in an orderly fashion, tried to come back on, but when they couldn't get through the highs they rolled over with the sharpest sell-off by mid-day and early afternoon. That stabilized their support and contributed to a snapback rally, which took back about 50%-60% of its losses. However, in the last 15 minutes they rolled over rather hard and pared back the gains somewhat further.
Thursday, September 09, 2010
A Few Reasons to Doubt the September Stock Market Rally / Stock-Markets / Stock Markets 2010
By: Sy_Harding
After being down for three straight weeks, the market was up for four straight days last week, was down 107 points on Tuesday of this week, but then bounced back 46 points yesterday. So it’s now been up five of the last six days.
The catalyst for the rally has been a few economic reports that were a bit better than Wall Street’s forecasts, mixed in with other reports indicating that economic growth, which slowed to just 1.6% in the second quarter, is slowing further in the 3rd quarter.
Thursday, September 09, 2010
Stock Markets Cheered by Fall in US Weekly Jobless Claims / Stock-Markets / Stock Markets 2010
By: PaddyPowerTrader
US markets, albeit on very low volumes, moved higher upon hump day as sentiment was boosted by a successful Portugal debt auction and talk surrounding further fiscal stimulus measures from the Whitehouse. The premium that investors demand to hold Portuguese 10-year government bonds instead of benchmark German bunds fell to 3.59 percent post the auction, after widening to as much as 3.72 percent earlier, while speculation mounted that Obama will announce an additional $180bn package.
Thursday, September 09, 2010
Stock Market Heads Higher Led by Financials... / Stock-Markets / Stock Markets 2010
By: Mark_McMillan
The market is defying all of those newsletters calling for a move lower...
Recommendation: Take no action.
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Thursday, September 09, 2010
Stock Market Rally Continues on Good Technicals / Stock-Markets / Stock Markets 2010
By: Harry_Boxer
The stock market indices had another up day as the rally continued. Starting out with a gap up, they ran sharply higher until mid-morning when they paused. At that point they resumed the advance, reaching the session highs just before noon. They then sold off early afternoon, bounced back sharply to retest the highs, but fell short and then rolled over in the last hour.
Net on the day, however, they closed positive, with the Dow up 46.32 at 10,387.01, about 40 points off its high. The S&P 500 was up 7.03 at 1098.87, about 5 points off its high. The Nasdaq 100 gained 23.50 to 1880, with a high of over 1887.
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Thursday, September 09, 2010
Stock Market Acting Better... / Stock-Markets / Stock Markets 2010
By: Jack_Steiman
I don't think anyone would argue with that reality. It's not great, and it's clearly not on breakout, but it is acting better even though the masses still think the action isn't worth playing. The economic news isn't great, and we sure do hear enough bearish talk day to day when watching the news station. The truth is, however, that the market is holding up extremely well despite the negativity. Of course, that's one of the main reasons it is holding up. Just too many bears at this point in time. More on that in a bit.
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Wednesday, September 08, 2010
Shanghai Move Could Spur S&P 500 Rally / Stock-Markets / Stock Markets 2010
By: Mike_Paulenoff
The Shanghai Composite remains in "spring position" ahead of a potential upside breakout from its May-September base pattern.
Let's notice that the recent price action of both the SH COMP and the S&P 500 is starting to look similar -- that is, a rally at the end of August into early September followed by a sideways, bullish consolidation area that should resolve itself to the upside in a thrust towards a test of the 200 DMA (2763) in the SH COMP and a confrontation with the June-Aug. highs (1129/31) in the SPX.
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Wednesday, September 08, 2010
Stock Market Trend into Mid-Term Elections, Anything is Possible / Stock-Markets / Stock Markets 2010
By: Steve_Betts
“Pure truth, like pure gold, has been found unfit for circulation because men have discovered that it is far more convenient to adulterate the truth than to refine themselves.”- Charles Caleb Colton
I very seldom write for general consumption but given the amount of misinformation, i.e. lies, being spoon fed to the investing public, I feel the urge to speak out. You’ll have to excuse me if the niceties of the English language sometimes escape me, but I guess I’m more into function than form. The subject of my disgruntlement is specifically the Dow and generally how it is presented to the public.
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Wednesday, September 08, 2010
Bulls Are About to Move the Stock Markets Higher / Stock-Markets / Stock Markets 2010
By: David_Banister
I’ve been busy counting the months of correction since Mid-April this year when I forecasted a top in the U.S. Markets following a massive 13 month rally off the March 2009 lows. The theory I had at the time was that the % of bulls in sentiment surveys was running at nearly 3 to 1 over Bears. 57% of those surveyed were Bullish in Mid-April and only 20% were Bearish. In addition, we had completed a clear 5 wave bullish pattern up from the March 2009 lows, and the time period of the rally was also a Fibonacci ratio.
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Wednesday, September 08, 2010
Stock Market Makes the Expected Dip... / Stock-Markets / Stock Markets 2010
By: Mark_McMillan
The expected dip happens and not much else, yet...
U.S. markets were closed on Monday, September 6th in observance of Labor Day.
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Tuesday, September 07, 2010
Sovereign Debt & Banking Worries Return to Haunt Stock Markets / Stock-Markets / Stock Markets 2010
By: PaddyPowerTrader
A session without history yesterday as the US markets were closed followed by carnage today in European peripheral PIIGS bond markets on the back of a myriad of negative news stories.
Tuesday, September 07, 2010
Payrolls Power Major Stock Market Indexes to Reach Resistance... / Stock-Markets / Stock Markets 2010
By: Mark_McMillan
Non-payrolls came in better than expected and market participants bid up stocks to where the major indexes are at resistance...
Recommendation: Take no action unless there is a rally back up to Friday's closing price, then look for an updated intraday alert.
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Tuesday, September 07, 2010
The Stock Market Uncertainty Will End / Stock-Markets / Stock Markets 2010
By: Michael_Swanson
Last week we saw the S&P 500 rally 6.4% off of its August low. Before that rally started the S&P 500 fell 8% off of its August high. And of course before that we saw a big rally in July, a big move down in June and the scary "flash crash" day in May. Despite last week's rally the market is still well off its April highs. It has spent the past few months going through scary drops and big rallies that have caused investors to swing quickly from fear to hope and back again.
Tuesday, September 07, 2010
Stock Market’s Rally A Salute to Slow Economic Growth / Stock-Markets / Stock Markets 2010
By: Money_Morning
Jon D. Markman writes:
The markets staged a relief rally last week that reflects Wall Street's attitude about the overall economy. Simply put, investors are saying they can live with slow growth, so long as the U.S. can avoid a double-dip recession.
Stocks leapt around the world last week like jets of water shooting out of a fountain that had been closed down for weeks. The major U.S. indexes rose 3%, the NASDAQ rose 4%, non-U.S. foreign big-caps rose 3.6% and small-caps rose 4.6%.
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Monday, September 06, 2010
Stock Market Risk Tone Eases Ahead of Most Negative Month / Stock-Markets / Stock Markets 2010
By: Donald_W_Dony
Following the August 15, 2010 market update titled "Supportive tone remains fragile and volatile", market measures have eased slightly to the positive side as September begins to unfold. In the August 15 article, both the NYSE and TSX were in the bearish zone with a majority of their holds trending lower.
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Monday, September 06, 2010
Utilities Lead Holiday Thinned Stock Market Higher / Stock-Markets / Stock Markets 2010
By: PaddyPowerTrader
US stocks rose Friday, with the S&P 500 Index gaining a fourth day in a row and the Dow erasing its loss for the year, as better- than-estimated growth in private payrolls eased concerns that the economy is set to double dip. JPMorgan , the second-biggest US bank, gained 2.7 percent and Caterpillar advanced 2.3 percent as private employers climbed 67,000 last month. Monster Worldwide , the online-recruiting company, increased 7 percent and H&R Block surged 5.8 percent after posting a narrower quarterly loss. I must say I was bemused by the markets muted & sanguine reaction to the very soft US services ISM report at 15.00 Friday . The US economy is NOT a manufacturing economy anymore, services are key and to dismiss the unexpected drop seemed to me complacent.
Monday, September 06, 2010
Key Stock Market Index Re-Entry Price Minimums / Stock-Markets / Stock Markets 2010
By: Richard_Shaw
Stocks had a good week this week. They may follow through, or they may stall and reverse. Only time will tell, and that time is near.
While we hold positions in some strong single country funds, and some conservative high yield US individual stocks, we have been mostly on the sidelines for a few months.
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Sunday, September 05, 2010
Stock Market Sideways Trend / Stock-Markets / Stock Markets 2010
By: Peter_Navarro
Here I am, back from a three-week hiatus. You may recall from my last newsletter prior to that hiatus I urged all my long term investors to stay in cash while possibly allocating some portion of their portfolio to biotechs.
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Sunday, September 05, 2010
Hindenburg Omen Stock Market Update / Stock-Markets / Stock Markets 2010
By: Tim_Wood
Of late there has been a lot of attention on the Hindenburg Omen and the excessive number of 90% volume days. I’ve been receiving e-mails and phone calls asking me about this and how it affects my work. In short, it doesn’t. Here’s why.
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Saturday, September 04, 2010
Stock Markets Clear Moving Averages.. Trend Line Headache Dead Ahead... / Stock-Markets / Stock Markets 2010
By: Jack_Steiman
This week saw some good things happen for the key indexes. The S&P 500 and Nasdaq both cleared their 20-, 50- and 200-day exponential moving averages from underneath. You don't see that take place all that often. Getting through a single moving average can be tough enough, but getting through all three major moving averages is something the bulls have to be feeling pretty good about. The 20-, 50- and 200-day exponential moving averages on the S&P 500 are at 1078, 1086 and 1092 respectively.
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