Category: Stock Markets 2010
The analysis published under this category are as follows.
Tuesday, August 24, 2010
Stock Market Losing Session Closes Near Key Support / Stock-Markets / Stock Markets 2010
By: Harry_Boxer
The stock market indices ended mixed on the day today after a mid-day and afternoon rally brought them back from early losses. The S&P 500 and Nasdaq 100 opened lower, tried to bounce in the morning, but then gave it up. They hit new lows for the entire decline on the SPX down around 1063.90. At that point the NDX held near yesterday's lows around 1811, and without getting any further downside follow-through, the indices began a snapback. When the morning rally highs were taken out they extended that rally, but backed and filled in the last hour. They backed off, particularly in the last few minutes, to remain negative in the blue chips, but the NDX managed to stay positive today.
Tuesday, August 24, 2010
Stock Market Finds A Way...But On The Edge Of Breaking Down.. / Stock-Markets / Stock Markets 2010
By: Jack_Steiman
Breaking markets down is never an easy chore. The problem for the bulls is that they have yet to get the type of news that would allow them to break this market out, thus the stalemate we are seeing for the past several months. All the bulls need is a little good news to get them moving higher. It needs to be soon one would think, or the floor may finally fall out form underneath them. 2170 is a key level since that's where the long-term up trend line comes in off the March 2009 lows, and on the weekly chart. 2167 is the 70-week exponential moving average. A strong confluence of support the bears just can't seem to make happen with force for themselves. A good start today, but no force yet.
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Monday, August 23, 2010
Fascinating Fibonacci Price Grids and Intraday S&P 500 Price Action / Stock-Markets / Stock Markets 2010
By: David_Knox_Barker
Analyzing a 2-day 15-minute interval S&P 500 chart from last week, August 19-20, 2010, provides a valuable lesson in Fibonacci ratio related market action. The Level 3 grid included in the chart below comes from drilling down through the Fibonacci ratio price grids in the entire 1982-2007 bull market. What this chart demonstrates is that investors and traders that do not track the current Fibonacci price grids might as well be investing and trading wearing blindfolds.
Monday, August 23, 2010
Six Reasons To Buy Stocks In The Short-Term / Stock-Markets / Stock Markets 2010
By: David_Grandey
When looking at the charts, we see a potential bull count, specifically this wave 2 morphing into a bigger wave 2.
What is interesting are a few tidbits that make us think a little deeper about us possibly being still in wave 2.
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Monday, August 23, 2010
Fresh M&A Talk Lifts Stocks / Stock-Markets / Stock Markets 2010
By: PaddyPowerTrader
US stocks fell Friday, extending a second straight weekly decline for major benchmarks, as a drop in commodities pulled oil and metals producers down amid concern the economic rebound may be flagging. Research In Motion slumped 3.5 percent as the maker of the BlackBerry smartphone was cut to “underweight” at Morgan Stanley. The firm also trimmed its share-price estimate for tech bellwether Hewlett-Packard sending the stock down by 2.2 percent the biggest drop in the Dow. Elsewhere Freeport- McMoRan Copper & Gold and Schlumberger both declined at least 1 percent to help lead declines in commodity producers.
Monday, August 23, 2010
Stock Market Trend In No-Man's Land... / Stock-Markets / Stock Markets 2010
By: Mark_McMillan
The major indexes closed mixed and market participants are on edge over whether this a bottom or the beginning of a significant slide.
Recommendation: Take no action.
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Monday, August 23, 2010
What's Ahead on Wall Street as Investors Tackle a Slow Economic Recovery / Stock-Markets / Stock Markets 2010
By: Money_Morning
Jon D. Markman writes:
Wall Street was hit hard last week with gloomy data that has kept buying interest stalled and investors spooked over a slow economic recovery.
Stocks slipped over the past week after investors learned from government reports that jobs are getting scarcer than straw hats in a wind tunnel, and it isn't always sunny in Philadelphia.
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Sunday, August 22, 2010
Stock Market Investor Sentiment Heading In The Right Direction / Stock-Markets / Stock Markets 2010
By: Guy_Lerner
Insiders are buying, and the "dumb money" indicator is neutral but nearly becoming more bearish (i.e., bull signal). Another week of downside pressure will likely set up another buying opportunity in the near future as lower prices will bring out the bears. How sustainable will this buying opportunity be is the only question. In recent months, bearish extremes in investor sentiment have led to quick rallies (1-2 weeks) on lackluster volume that have been prone to fail. In other words, the markets aren't going anywhere fast, and the risk of failure is mounting.Read full article... Read full article...
Sunday, August 22, 2010
The Hindenburg Stock Market Omen Doomed to Crash and Burn? / Stock-Markets / Stock Markets 2010
By: Nadeem_Walayat
The dreaded Hindenburg Omen (HO) has been making the rounds in the mainstream press and BlogosFear for the past few weeks, which purportedly heralds an imminent stock market crash.
Saturday, August 21, 2010
Stock Market Still Going Nowhere...Bearish Overall / Stock-Markets / Stock Markets 2010
By: Jack_Steiman
The market keeps absorbing bad news report after bad news report and refuses to give it up. Doesn't mean it won't at some point, as it likely will, do just that. However, in the face of a Philly Fed report showing a contraction of 7.7%, the market still won't break. The excuses are out there with the most talked about one being the market wants to see the jobs report on the first Friday in September. Fair enough. I can respect that, but the news leading up to that report has been dismal at best, especially on the employment front as we had our first 5 handle on claims just yesterday.
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Saturday, August 21, 2010
Stock Market Mixed Close, but Indices Well Off Lows / Stock-Markets / Stock Markets 2010
By: Harry_Boxer
The stock market indices ended mixed on the day today after a mid-day and afternoon rally brought them back from early losses.
The S&P 500 and Nasdaq 100 opened lower, tried to bounce in the morning, but then gave it up. They hit new lows for the entire decline on the SPX down around 1063.90. At that point the NDX held near yesterday's lows around 1811, and without getting any further downside follow-through, the indices began a snapback. When the morning rally highs were taken out they extended that rally, but backed and filled in the last hour. They backed off, particularly in the last few minutes, to remain negative in the blue chips, but the NDX managed to stay positive today.
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Friday, August 20, 2010
Can China Stock Market Hold Up Despite Wall Street Weakness? / Stock-Markets / Stock Markets 2010
By: Mike_Paulenoff
Instead of breaking out to the upside above 2700 today, the Shanghai Composite instead rolled over into a bout of profit- taking (-1.8%). That said, however, let's notice that the weakness has not violated any meaningful technical levels, which are clustered in the 2593/90 area, and again down at 256.00. A downside sustained breach of 2564 -- the prior pullback low -- will indicate that the Jul 2-Aug 19 upleg is complete, and that a significant correction is in progress that could press the index back to 2500-2470, or even revisit the July low area at 2400-2320.
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Friday, August 20, 2010
US Economic Data Again Dampens Stock Market Sentiment / Stock-Markets / Stock Markets 2010
By: PaddyPowerTrader
As I highlighted yesterday one of the key obvious risks to the market near term is a continuation of the weak US data we’ve been hampered by. We didn’t have to wait long to see its impact with yesterdays weekly jobless claims of 500k- that was a shocker, bring ing the 4-week moving average back up to 482.5k – the highest since early December.
Friday, August 20, 2010
Stock Market Indices Suffer a Nasty Spill / Stock-Markets / Stock Markets 2010
By: Harry_Boxer
The stock market indices suffered a nasty spill in a very negative session today. They gapped lower at the opening, went down sharply in the morning despite a 15-minute bounce, and then rolled over hard to the session lows just before noon when they tagged 1811 on the Nasdaq 100 and 1070.66 on the S&P 500.
Thursday, August 19, 2010
Bernanke Expands Permanent Open Market Operations to Buy Stocks / Stock-Markets / Stock Markets 2010
By: PhilStockWorld
Today we get another round of Permanent Open Market Operations.POMOs are the Fed's way of creating additional bank reserves to finance asset purchases and loans for its Primary Dealers (the Gang of 12 or, as David Fry calls them, Da Boyz). GS and Co. then turn around and use this money to fuel their bots to buy equities and we believe we saw a little test run of those programs a couple of times this week as we had very irrational, sharp rallies for no particular reason and I had commented to Members, during chat, that it looked like some Bot testing.
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Thursday, August 19, 2010
Retail Hope Powers Stock Market Higher... / Stock-Markets / Stock Markets 2010
By: Mark_McMillan
Retailers caught a bid on earnings expectations and helped lead the market higher...
Recommendation: Buy shares of DIA to cover and buy DIA to open long positions at a limit price of $104.00. Buy shares of QQQQ to cover and buy QQQQ to open long positions at a limit price of $45.25. Buy shares of SPY to cover and buy SPY to open long positions at a limit price of $109.11.
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Thursday, August 19, 2010
How to Track Sidelined Cash As it Moves Back into the Stock Market / Stock-Markets / Stock Markets 2010
By: Investment_U
Louis Basenese writes: Second quarter earnings season is officially over – and almost 80% of the companies in the S&P 500 beat their earnings expectations.
You’d think that would be enough to propel the markets higher. But not so fast.
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Thursday, August 19, 2010
M&A Chatter Trumps Weakness In Energy Stocks / Stock-Markets / Stock Markets 2010
By: PaddyPowerTrader
US stocks rose Wednesday, erasing an early drop, as speculation about corporate takeovers overshadowed a slide in energy producers sparked by a decline in oil. Treasuries pared gains as longer-term yields neared the lowest levels in more than a year. M&A was the theme again yesterday, as BHP Billiton (-3.4%) launched a hostile bid on Potash. There were rumours about further M&A in the UK Insurance space in the morning, followed by afternoon talk of activity emanating in industrials, mining, tech or financials. The main players involved in varying guises were Mittal, Siemens, Ericsson etc.
Thursday, August 19, 2010
Stock Market Bulls and Bears Face off / Stock-Markets / Stock Markets 2010
By: Jack_Steiman
And that's what both the bulls and bears are facing. Each side has set up a wall that seems too impenetrable. The bulls have set up camp at S&P 500 1080 where there is strong gap support. We've gone down for a few visits, yet each time, just when it looks real bad, the bulls seem to be able to hold their wall up. It has been no different on the other side of the ledger. Each time the bulls get up to the 20- and 50-day exponential moving averages at 1098 on the S&P 500, the bears set up their own wall and the bulls fail.
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Wednesday, August 18, 2010
The Boys From Brazil – Revisited / Stock-Markets / Stock Markets 2010
By: Captain_Hook
The economic news just keeps getting worse and worse (and worse), validating the view we spiraling down in another recession within a larger depression. Of course the effect this is having on an ever-decreasing population of traders (only the pros are left and their numbers are shrinking too as the trade patterns become increasingly bizarre) is to become even more bearish and keep on buying puts, because at some point stocks will turn lower to reflect the fundamentals, right? Unfortunately for surface dwellers that think like this they could keep the squeeze in stocks going far longer than most would remain solvent, being just fine with the bureaucracy because this will enable them to keep the illusion alive longer theoretically.
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