Category: Stock Markets 2010
The analysis published under this category are as follows.
Friday, July 16, 2010
Stock Market Pullback Off Lows Pattern Forecasted Today’s Sell Off / Stock-Markets / Stock Markets 2010
By: David_Grandey
When you look at the following charts, it’s really pretty simple. Downtrend channel resistance is resistance.
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Friday, July 16, 2010
Dominant Downtrend Still Intact for S&P 500 Stock Market Index / Stock-Markets / Stock Markets 2010
By: Mike_Paulenoff
The BIG picture Bollinger Band chart work on the emini S&P 500 shows that the recent vertical upmove from 1002.75 to 1099.50 traversed the April-July down-sloping price channel completely. But during the last 4 sessions it failed to hurdle the upper channel resistance line in the vicinity of 1095-1091.
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Friday, July 16, 2010
Stock Market Profit Taking After Google Citi and BoA Disappoint / Stock-Markets / Stock Markets 2010
By: PaddyPowerTrader
US equity markets were saved from a beating following the release of better than expected earnings from JP Morgan, a USD 550mn agreement between Goldman Sachs and the SEC to settle a regulatory case, and news from BP that it has temporarily stemmed the flow of oil from the leak of its Gulf well. Agreement on the US financial reform bill, passed by the Senate yesterday and it is likely to be signed into law by US President Obama next week, which helped too.
Friday, July 16, 2010
Baltic Dry Index is Shouting Warning, But Are Stock Market Investors Listening? / Stock-Markets / Stock Markets 2010
By: Money_Morning
Jack Barnes writes: Back in May 2008, when global investors still expected economic growth to continue, a thinly followed index began to broadcast a "red-alert" warning to those few who were watching.
The index proceeded to drop by more than 90% in the next six months.
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Friday, July 16, 2010
Stock Market Indices Rally to Close Narrowly Mixed / Stock-Markets / Stock Markets 2010
By: Harry_Boxer
The stock market indices ended mixed today, but had a volatile path to get there. They started the day out moving down, bounced a little bit, and then moved sharply lower, taking out key support on the indices, but secondary support held. They bounced back in a steady 5-wave advance and pulled back sharply until the last hour. However, in the last 30 minutes or so, they came on strongly and spiked up on news that BP Exploration plc (BP) had potentially capped their oil well spill and that Goldman Sachs (GS) was going to settle with the SEC.
Friday, July 16, 2010
Stock Market Short-Term Not Bad... Mid- to Long-Term Not Great... Goldman Settles... Gulf Capped... Google Smoked.... / Stock-Markets / Stock Markets 2010
By: Jack_Steiman
There is no denying that this market, and more importantly, this economy, is in some very big trouble. The fundamentals are in terrible shape. Two reports on manufacturing (NY State and Philadelphia) this morning were worse than expected. Actually, not just worse, unbelievably worse. Just fell off a cliff is the best way to put it. No matter how anyone wants to spin things, they are in terrible shape.
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Friday, July 16, 2010
Stock Market Bearish Death Cross Update / Stock-Markets / Stock Markets 2010
By: INO
The sharp upward rally in the S&P 500 surprised many people, myself included. However, the rally did not change the "Death Cross" which we pointed out as being a negative and significant market event that does not occur very often.
This market's rally also did not change our weekly and monthly "Trade Triangles" which are still red and indicating that the trend is headed lower.
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Thursday, July 15, 2010
The Dynamic Web and the Fibonacci S&P Golden Ratio Support at 1013.14 / Stock-Markets / Stock Markets 2010
By: David_Knox_Barker
Those who followed the research of the late great market forecaster PQ Wall will recall his concept of the Dynamic Web for market price analysis. My Fibonacci price grid research builds on PQ’s Dynamic Web research. A brief review of PQ’s approach helps explain how Fibonacci price grids bring additional clarity and powerful investing and trading tools to the Dynamic Web approach.
Thursday, July 15, 2010
Stock Market Digesting JP Morgans Corporate Earnings / Stock-Markets / Stock Markets 2010
By: PaddyPowerTrader
U.S. stocks flat lined and failed to make it seven up on hump day, as a drop in retail sales and the Federal Reserve’s assessment that the economic outlook has “softened” trumped Intel upbeat forecast for record profit. Home Depot, American Express and Alcoa all felt the down draft and declined the most in the Dow as minutes from the Fed’s last meeting showed policy makers saw no need to boost economic stimulus even as they trimmed growth forecasts but stocks did pare losses in the final minutes of trading.
Thursday, July 15, 2010
Preparing for a Monsoon Stock Market Drop? / Stock-Markets / Stock Markets 2010
By: David_Banister
The market continues upward in either a C wave or Wave 2 corrective upside re-tracement if I’m correct. In reviewing the pattern since the April top this year, we have had clear Fibonacci retracement levels of the 13 month rally. These occurred at 1040 and 1011 areas so far, 31% and 38% fibonaci re-tracement levels of the Fibonacci 13 month rally.
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Thursday, July 15, 2010
Stock Market Mixed, Narrow Close to Choppy Session / Stock-Markets / Stock Markets 2010
By: Harry_Boxer
The stock market indices ended near the zero-line today and were mixed and choppy. The day started out with a move up off the opening, followed by a quick pullback that held support, and then they were off to the races again. The indices had a sharp move on the Nasdaq 100, twice making new rally highs, but the S&P 500 did not cooperate and could not even get over yesterday's late high.
Thursday, July 15, 2010
Fed Says Economy Is Toast.... Stock Market Shrugs It Off For Now... / Stock-Markets / Stock Markets 2010
By: Jack_Steiman
WOW!!!! Fed Bernanke came out and said the economy won't recover for five to six years. When did he suddenly get so enlightened?!! He didn't know that until now? He didn't see this coming? Seriously? He went from we're recovering just fine to five to six years. Good job commander!!! We're so proud of you.
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Wednesday, July 14, 2010
European Stock Markets Pause After 6 Up Days / Stock-Markets / Stock Markets 2010
By: PaddyPowerTrader
U.S. stocks surged again on Tuesday, extending the longest rally for the S&P 500 in three months, as improving outlooks from companies such as Alcoa and Novellus bolstered confidence. Aluminium producer Alcoa, the first company in the Dow to report second quarter results, gained a further 1.2% as sales and profit exceeded analysts’ estimates and the company forecast stronger global demand. Novellus rose 5.8%. Infact all four S&P 500 companies that reported results between market’s close yesterday and the start of trading this morning topped the average analyst estimate for per-share profits.
Wednesday, July 14, 2010
Stock Market At trend Line On S&P 500.. Dow Above.... / Stock-Markets / Stock Markets 2010
By: Jack_Steiman
And yes, it is overbought on the short-term charts. A pullback of 15 or so S&P 500 points can occur at any moment in time, or possibly even a bit more. It seems that the positive divergence on the MACD at the lows, along with the 30-RSI readings and 2% bull bear spread, has put the bottom in for this market for the short-term. It doesn't mean we don't get decent pullbacks. We will. However, it does also appear that the market can now chop its way higher back to the 1131 area over time, which will allow for decent gains on long plays.
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Wednesday, July 14, 2010
Stock Market Indices Extend Rally / Stock-Markets / Stock Markets 2010
By: Harry_Boxer
The stock market indices had a stellar day on Tuesday and extended the rally sharply. The day started out with a gap up. They pulled back, backed and filled, and then popped until mid-day to the morning highs at 1844 on the Nasdaq 100 and the 1097 area on the S&P 500.
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Tuesday, July 13, 2010
Corporate CEOs Won't Invest in America, Why Should You? / Stock-Markets / Stock Markets 2010
By: Fred_Sheehan
There is no end of economists, analysts, and reporters filling the air with investment recommendations. Is the stock market oversold? Should we invest for inflation or deflation? And so on.
That is talk. American CEOs are voting with their feet. Since they aren't investing in the United States, does it make sense for the individual stockholder or bondholder to do so?
Tuesday, July 13, 2010
Stock Markets Satisfied With Early Corporate Earnings Reports / Stock-Markets / Stock Markets 2010
By: PaddyPowerTrader
U.S. stocks rose again Monday, adding to gains from the biggest weekly rally in a year for the S&P 500 Index, as analyst upgrades of technology companies boosted optimism before the start of the earnings season. SanDisk Corp. surged 6.8% as UBS advised buying the shares, while Qualcomm saw its shares jump 3.5% on a broker upgrade at Goldman Sachs who added the stock to its “conviction buy” list. Hewitt Associates soared 32% after Aon agreed to buy the consulting company. A total of 23 companies in the S&P 500, including Google, Intel. and Citigroup will report earnings this week alone.
Tuesday, July 13, 2010
Stock Market Trend, It's All About Bonds / Stock-Markets / Stock Markets 2010
By: Jay_DeVincentis
At 10 times the size of the stock market, the bond selling can continue to fuel further gains.
Bonds are a powerful force and can create a huge amount of liquidity to fuel advances. Watch what happens to oil today.
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Tuesday, July 13, 2010
Stock Market Bears Beware II / Stock-Markets / Stock Markets 2010
By: Toby_Connor
In my last article Bear's Beware I warned that shorts were running the risk of getting caught in an explosive rally as the intermediate cycle was due to bottom. Well, it did bottom and bears have watched their profits quickly evaporate as the market has surged out of the intermediate cycle low.
Tuesday, July 13, 2010
Stock Market Rally Loses Steam in Narrow Up-Session / Stock-Markets / Stock Markets 2010
By: Harry_Boxer
The stock market indices managed to eke out a gain today, but the path to those gains was a little choppy.
The day started out with a sharp move higher. The Nasdaq 100 got to 1831.62 and the S&P 500 got up to 1080.78, and then they sold off sharply to new lows for the day. But they held right at support near 1810 NDX and 1070 SPX, and then began a move back upward. By mid-afternoon they stalled and ground back and forth, firming up a little bit in the last half hour to close in the plus column.
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