Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.
Monday, January 10, 2011
THE EWI ARGUMENT: A Critical Analysis of Robert Prechter and Elliott Wave International (March 2009-Present) / Stock-Markets / Elliott Wave Theory
By: Steven_Vincent
SUMMARY
In this article I analyze the recent work of Robert Prechter’s “Elliott Wave International”, evaluating it in terms of the quality of epistemology, methodology, data integrity, interpretation, conclusions, recommendations and results. The analysis is limited in scope to the equities markets since March of 2009. Because of time constraints, counterpoints to much of the EWI argument can only be partially developed here, but I hope to give them a much fuller treatment in my forthcoming book, tentatively entitled, "Apocalypse Not Yet: Wave V and the End of Financialism".
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Monday, January 10, 2011
Stock Market Elliott Wave Analysis and Forecast for Week Starting 10th Jan / Stock-Markets / Stock Markets 2011
By: Tony_Caldaro
2011 was off to a good start as equities rallied and economic reports improved. Both the Payrolls report and ADP showed increases in employment, and the unemployment rate dropped. Auto sales, factory orders, construction spending, ISM services/manufacturing, consumer credit, M1-multiplier, and the WLEI all continued to improve. The only negatives were a slight increase in weekly jobless claims and a decline in the monetary base. The market responded with a new uptrend high at SPX 1278, extending the uptrend into its six month. For the week the SPX/DOW were +0.95%, and the NDX/NAZ were +2.30%. Asian markets gained 0.5%, European markets gained 0.1%, the Commodity equity group was flat, and the DJ World index was flat. Bonds gained 0.2%, Crude lost 3.3%, Gold slid 3.7%, and the USD gained 2.7%. Next week will be highlighted by the FED’s Beige book, Retail sales and the CPI/PPI.
Monday, January 10, 2011
Stock Market Current Trend and Turning Point / Stock-Markets / Financial Markets 2011
By: Andre_Gratian
There is nothing complicated or confusing about the current market trend(s). Let's go directly to the SPX Daily Chart, and I'll show you why.
This is a linear chart, with only the closes and not the intra-day highs and lows, making it easier to see the trends. Note that the various trends are all confined to channels which are all labeled according to their time span.
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Monday, January 10, 2011
Stock Market Investor Sentiment Reaches Extremus Maximus / Stock-Markets / Stock Markets 2011
By: Guy_Lerner
When it comes to investor enthusiasm for this market, there is only one thing I can say: even the extremes have become extreme. This is an high wire act -without a safety net - that I have chosen not to play. The rare exception to too many bulls is that "it takes bulls to make a bull market", and under such conditions, the markets just continue higher despite the wildly bullish sentiment readings. Think 1995, 1998/99, 2003 and 2009 when the extreme bullish sentiment readings didn't see the market correct but just continue higher. Even if this is the scenario that is developing, investor sentiment is at a level of bullishness -extremus maximus - where a pullback in price is usually seen.
Sunday, January 09, 2011
Global Stock Market Cycle Forecast 2011 / Stock-Markets / Stock Markets 2011
By: David_Knox_Barker
The job of a stock market cycle tracker and forecaster is far more difficult with trillions of dollars in government intervention and global central bank quantitative easing sloshing around global markets. The liquidity is bidding up everything from oil to coffee to corn, but the cyclical stock market picture is clearing up. There is both good news and bad news regarding global stock market cycles for 2011. It is always better to get the bad news off your chest first, so let’s dispense with the bad news, and move on to the good news.
Sunday, January 09, 2011
Stock Market SPX Repelled by Cycle Top Resistance / Stock-Markets / Financial Markets 2011
By: Anthony_Cherniawski
The FDIC Starts off a New Year.
The FDIC Failed Bank List announced two new bank closures this week. A subscriber sent me this video on the IndyMac Bank Closure. It appears that the FDIC is doing much more than protecting depositors’ money.
Charting Three Decades Of The Exponential December BLS Seasonal Adjustment
Saturday, January 08, 2011
Dow 15,000 By Year Ben - Uh... I Mean Year End / Stock-Markets / Stock Markets 2011
By: Barry_M_Ferguson
And....., we’re off! The New Year is off and running and the Federal Reserve is busier than ever. The first day of the new trading year started off with a bang. The Dow bolted up some 100 points as the trading continued from the ferocious last 15-minutes of the last day of trading on New Year’s Eve that I documented in my last post (http://bmfinvest.blogspot.com/2010/12/does-new-year-change-anything.html). The rest of the week turned a bit more pessimistic as Friday was looking downright ugly until one o’clock. What happened at one o’clock? Oh yeah - the great Bernanke finished up his meeting of the Village Idiots (he testified before the bozos we call ‘Congress’) and got back to his real job, juicing the stock markets. If there is anybody that still thinks we really have ‘stock markets’ anymore, you should go read a book or something. All we have is Bernanke and his printing press.
Saturday, January 08, 2011
The S&P 500 & Gold Under Pressure on Friday / Stock-Markets / Stock Markets 2011
By: J_W_Jones
With the holiday season in the rear view mirror and volume slowly creeping back into the marketplace, I can’t help but wonder what lies ahead. The optimist in me is hopeful that the economy will continue to repair itself and the financial issues that plague the federal government, state government, and local governments will just go away as the economy rebounds. The only problem with my hope is that massive debts and deficits do not simply disappear and I fear the problem will be a long and lasting one.
Saturday, January 08, 2011
Are stocks overvalued and overloved? / Stock-Markets / Financial Markets 2011
By: Anthony_Cherniawski
Employment Situation in December Disappoints.
The unemployment rate fell by 0.4 percentage point to 9.4 percent in December, and nonfarm payroll employment increased by 103,000, the U.S. Bureau of Labor Statistics reported today. Employment rose in leisure and hospitality and in health care but was little changed in other major industries.
Saturday, January 08, 2011
The Dismal U.S. Jobs Report Is Not Important! / Stock-Markets / Financial Markets 2011
By: Sy_Harding
Another month - another disappointment in the employment picture.
But it doesn’t matter! The economic recovery continues. Employment is a lagging indicator.
Saturday, January 08, 2011
Macro-Trends – Keys to Macro Profits in 2011, Gold and Silver Ultimate Wealth Protection / Stock-Markets / Financial Markets 2011
By: DeepCaster_LLC
“Nothing has changed fundamentally to improve the outlook for the U.S. economy. It remains in a protracted downturn that has started to deepen anew and that shows no signs of sustainable economic recovery in the year ahead…
…the economy in 2011 should remain much weaker than generally is expected, with ongoing negative implications for systemic solvency, for the federal budget deficit and for U.S. Treasury fundings. Such also implies a likely accelerating expansion of the Federal Reserve’s "quantitative easing," reflecting active monetization of U.S. Treasury debt and debasement of the U.S. dollar.
Saturday, January 08, 2011
Earnings Drive Stock Prices? See This Chart Before You Answer / Stock-Markets / Stock Markets 2011
By: EWI
Since the time of buttonwood trees, Wall Street has had its own version of the Ten Commandments -- the cornerstone principles of conventional economic wisdom. The first of these writ-in-stone notions is the widespread belief that earnings drive the stock market.
Friday, January 07, 2011
How High Can the Stock Market Go? / Stock-Markets / Stock Markets 2011
By: Chris_Ciovacco
With global economic activity exceeding low expectations and the Fed stating the threshold is high to scale back its money-printing program (QE2), it is a good time to examine the upside potential of the stock market. While the average investor has a limited memory when it comes to market reversal points that occurred in 1998, computers and trading algorithms have no trouble recalling them in vivid detail. Therefore, taking a little walk down memory lane may help us compete more effectively with the largest firms on Wall Street.
Friday, January 07, 2011
Emerging Bubble Alert: "Zero-down" loans to "credit challenged" applicants are on the rise / Stock-Markets / Liquidity Bubble
By: Mike_Whitney
Counterfeiting is an effective way to stimulate the economy, but the costs can be quite high. For example, if trillions of dollars in fake cash was injected into the financial system (undetected), we'd probably see the same type of thing that we see when a credit bubble is inflating; asset prices would rise, unemployment would fall, economic activity would increase, and GDP would soar. But when people figured out what was going on, investors would panic, the markets would crash, and the economy would go into a deflationary nosedive.
Friday, January 07, 2011
The Changing Balance Between FTSE and DAX Stock Indices / Stock-Markets / UK Stock Market
By: Seven_Days_Ahead
From early September into mid-December the German DAX enjoyed a strong bull run supported by a strong economic recovery, which helped pan-Euro zone economic data mask the plight of many other Euro zone economies that were at best enjoying a modest recovery. Or, more typically, were gripped by the Sovereign debt crisis that has forced Greece and Ireland to seek a rescue. And to shelter under promises made by China to keep buying their Sovereign debt.
Friday, January 07, 2011
Stock Market – Comedy or Tragedy? / Stock-Markets / Stock Markets 2011
By: PhilStockWorld
Russell 8-0-0, Russell 8-0-0! Wherefore art thou Russell8-0-0? Deny thy dollar and refuse to fall, or, if thou spike not, be but consolidating at resistance and I’ll happily Capitulate….
Friday, January 07, 2011
Gold, Silver and Stocks Converging Towards January Top / Stock-Markets / Financial Markets 2011
By: David_Banister
In recent articles and forecast updates for my subscribers, I have been preparing them for a top in Precious Metals and US Markets around Mid January. We may have already seen the intermediate top in Gold and Silver recently, and the SP 500 and US markets are not far behind.Read full article... Read full article...
Thursday, January 06, 2011
Gold, Stocks and Bonds in 2011 / Stock-Markets / Financial Markets 2011
By: Bill_Bonner
Yesterday, we promised to give you a “Prediction-Plus” about the stock market. You remember what a “Prediction-Plus” is, don’t you? It’s better than a prediction. It’s what you should believe…even if it turns out to be wrong.
What should you believe about bonds? They’re going down. They’re a “suicidal” investment, says our old friend, Marc Faber.
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Wednesday, January 05, 2011
QE2 & Stock Market Breadth Still Question the ‘Smart Money’ / Stock-Markets / Stock Markets 2011
By: Chris_Ciovacco
The ‘smart money’ has been calling for a correction for over six weeks now, often citing extended sentiment to build their case. We looked at sentiment recently and agree it raises yellow flags that need to be respected, but sentiment alone is not a reason to head for the exits (yet).
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Wednesday, January 05, 2011
How Long Can the S&P 500, Precious Metals, & Bonds Rally? / Stock-Markets / Financial Markets 2011
By: J_W_Jones
In the fine print of most investment advertisements or in the softly spoken disclaimer at the end of a commercial, we generally read or hear the phrase “past results are not indicative of future performance”. While those exact words may not be written or uttered, something along those lines is found on almost any piece of investment literature or in investment product commercials.