Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Saturday, July 03, 2010
Key Financial and Commodity Markets Pointing to More Economic Pain Ahead / Stock-Markets / Financial Markets 2010
In the past two weeks, we’ve seen China de-peg its currency from the dollar, the UK roll out historical fiscal austerity measures and Japan release details on a plan to tackle its massive debt load.
The knee-jerk market reaction to these events was positive … i.e. interpreted as a positive influence on economic growth and a bullish cue for risk appetite.
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Saturday, July 03, 2010
Stocks Bear Market Triggered 90% Probability Target / Stock-Markets / Financial Markets 2010
Employment fell for the first month this year. - (Bloomberg) Employment fell in June for the first time this year, reflecting a drop in federal census workers and a smaller-than-forecast gain in private hiring.
Payrolls declined by 125,000 last month as the government cut 225,000 temporary workers conducting the 2010 census, Labor Department figures in Washington showed today. Economists projected a decline of 130,000 payrolls, according to the median forecast in a Bloomberg News survey. Employment at companies rose 83,000. The jobless rate fell to 9.5 percent from 9.7 percent as the labor force shrank.
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Saturday, July 03, 2010
Stock Market Bears In Full Control.... / Stock-Markets / Stock Markets 2010
It's a rare time indeed when the major daily index charts stay oversold. When RSI's hit 30 and stochastic's hit 7 across the board and we go lower you know you're in a bear market. This is what we dealt with today. Extremely oversold on the daily charts, not the 60-minute charts but the daily charts. That indeed unusual except when you're in a truly bearish scenario. After today's action I think it's pretty clear to all that things are in bad shape from both a fundamental and a technical perspective. The futures were flat going in to the big jobs report. Everyone was anticipating something good to come out of left field to help the bullish case come alive once again. They didn't get it. The numbers were not good. The private sector was anticipating job creation to the tune of 100k. Instead it got 83k. The unemployment level fell to 9.5%.
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Friday, July 02, 2010
Will Q2 Earnings Create a Stock Market Rally? / Stock-Markets / Stock Markets 2010
The stock market is down 16% since its April peak, getting close to a decline of 20%, the threshold of entering a bear market. The S&P 500 is already back to its level of early September, having given back 38% of the entire bull market off the March low last year.
Yet, while investor sentiment has turned more pessimistic, it has held up surprisingly well in the face of the market decline, the steady stream of negative U.S. economic reports, and the continuation of troubling news from Europe and Asia.
Friday, July 02, 2010
This Stock Market Indicator Says the Time to Buy is Near / Stock-Markets / Stock Markets 2010
My favorite indicator is showing “yellow” and is on the verge of flashing “green.”I know, I know…things look very pretty dreary right now.
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Friday, July 02, 2010
Stock Market May Surprise By Year-End / Stock-Markets / Stock Markets 2010
Economic news has been weak lately. Financial markets have performed poorly for over two months. Dow Theory "sell signals" have been issued. You may have heard a "death cross" is on the way. It is nearly impossible to find a bull among the growing sloth of bears. We are concerned about both the fundamentals and the technicals. However, in the context of history the current situation is not all that unusual. Since risk assets, such as global stocks, commodities, and commodity-dependent currencies have very high correlations in today’s liquidity-driven markets, the comments made below relative to stocks also generally apply to copper, silver, oil, emerging market stocks, the Australian dollar, Canadian dollar, risk, etc.
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Friday, July 02, 2010
Stock Market Bears Should Beware / Stock-Markets / Stock Markets 2010
I'm going to go through some signs that rabid bears might do well to pay attention to because I think the market is very close to a major bottom. (That doesn't mean we are guaranteed to make new highs, although we might. Just that we can probably expect an explosive rally soon, even if it ultimately turns out to be a counter trend rally in an ongoing bear market).
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Friday, July 02, 2010
A Post Payrolls Stock Market Bounce? / Stock-Markets / Stock Markets 2010
The S&P 500 Index fell for the fourth straight day Thursday losing 0.3% to close at it’s lowest since Oct. 2, 2009, after sinking as much as 1.9% earlier in the day. That was because of more worrying jobs data in the form of weekly and continuing jobless claims which gave the double dippers argument more ammunition. But European equity markets opened marginally higher this morning following their lead from Asia overnight despite the weak economic data from the US yesterday.
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Friday, July 02, 2010
20 Questions with Robert Prechter: Long Decline Ahead / Stock-Markets / Stocks Bear Market
The following article is an excerpt from Elliott Wave International’s free report, 20 Questions With Deflationist Robert Prechter. It has been adapted from Prechter’s June 19 appearance on Jim Puplava’s Financial Sense Newshour.
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Friday, July 02, 2010
Red Flags on the Economy, Stock Market Death Cross Forming / Stock-Markets / Stocks Bear Market
The market seems to have run out of buyers. Recently, on days when the market goes up, the volume is light. On days when the market goes down, volume soars with passionate intensity.
The babbling heads on TV make the bullish case enough, so I’ll just summarize it: Basically, corporate profit margins surged to 36% in the first quarter. Since records began in 1947 they have never been this high. Meanwhile, bond yields are pitifully low. There is no better place, say bulls, to put your money than in the market’s leading stocks.
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Friday, July 02, 2010
Cash Pouring Into Junk-Bond Funds May Signal Stock Market Chaos / Stock-Markets / Stock Markets 2010
Shah Gilani writes: Investors are plowing money into junk-bond funds, which leveraged borrowers at private equity funds are using to pay dividends to themselves and to buy out more public companies.
The huge-and-growing overhang of debt-laden portfolio companies that private-equity shops want to take public - when combined with additional leveraged deals in the pipeline - will keep a lid on U.S. stock prices and could even spark a sell-off for stocks in both the United States and Europe.
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Friday, July 02, 2010
Stock Market Downside Targets for the S&P 500 Index / Stock-Markets / Stock Index Trading
In this short video, we share with you the downside targets that we have independently arrived at for this index. This video is short and to the point, but you will see exactly what we're looking at. The chart pattern and downside counts are similar for all of the equity markets and I believe that this Friday we will see exactly what's going to happen.
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Friday, July 02, 2010
Stock Market Indices Continue Lower, but Close Firmly Off Lows / Stock-Markets / Stock Markets 2010
The stock market indices were lower on Thursday, but came dramatically off the early sharp lows. The day started out with a little bit of a slight bump to the upside before the indices rolled over hard and fast. The Nasdaq 100 dropped from 1747 to 1700, and the S&P 500 from 1034 to nearly 1010. At that point they were severely oversold, not only intraday but over the last few days, with a negative tick of 1414, which triggered a snapback rally.
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Friday, July 02, 2010
Another Day In The Stock Market Down Trend...... / Stock-Markets / Stock Markets 2010
When you're in a down trending market one of things that happens is people expect the markets to be down huge every day. That there can't be any good days along the way. Basically it's just down hard day after day. That is not the case at all. Even in the worst bear markets it's all a process. Most days are lower, of course, but not every day is a big down day. We closed well off the lows.
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Friday, July 02, 2010
Investor Profit and Gold Protection, Banking Cartel Market Manipulation Intervention Update / Stock-Markets / Financial Markets 2010
Is the gold price being manipulated? There are those who say no, while others say yes - notably The Gold Anti Trust Association (GATA) - and on balance it looks to an impartial observer (relatively) that the answer is probably in the affirmative. But perhaps no more so than any other commodities and some stock prices. There is a whole mammoth industry out there - the big banks, hedge funds etc. - whose whole purpose is to make money from money and the more you have in the first place the easier it is to do. Not by producing anything useful, but through manipulation of prices through short selling in huge volumes to drive prices down, buying on the turn, allowing prices to rise back up, taking profits, then more short selling to drive prices down again and the cycle continues. This works better in a bull market, which gold has been in for the past ten years or so.
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Thursday, July 01, 2010
Stock Market Breaks Neckline, Gold Trending to Below $1200 / Stock-Markets / Financial Markets 2010
U.S. stocks fell, extending the market’s first quarterly retreat in more than a year, after Moody’s Investors Service’s warning that it may downgrade Spain snuffed out an earlier rally.The Standard & Poor’s 500 Index fell 1.1 percent to 1,030.11 at 3:45 p.m. in New York. It has
declined 12 percent since March 31, breaking a four-quarter winning streak that drove the
benchmark index for U.S. stocks up 47 percent. The Dow Jones Industrial Average fell 115.44
points, or 1.2 percent, to 9,754.86.
Thursday, July 01, 2010
Financial Markets Meltdown, Stocks SPX, Gold, Silver and Crude Oil / Stock-Markets / Financial Markets 2010
What a nutty week for the equities market! The bleeding has not led up with almost 2 weeks of straight selling. Also we are seeing oil break down with a rather large bear flag and if that happens, which it looks like it will… then hold on tight or cash out of the market!
There has been nothing but negative news for the past month and its not looking like there is much light at the end of the tunnel for a long time still… The only places which people feel some safety is in gold and silver. That being said the market is way over sold here and we could get a bounce lasting a couple days soon. But that bounce will be sold and pulled back down as it looks like a new bear market is starting.
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Thursday, July 01, 2010
Wretchedness of Stock Market "Management" / Stock-Markets / Stock Markets 2010
Wealth cannot be dropped by helicopters. The solutions to the issues facing humanity lie beyond the realms of finance.
The first four charts below require no further comment. The Dow Jones consists of 30 stocks and it did not break to a new low on June 30th 2010. The Standard and Poor consists of 500 stocks and it did break to a new low (Charts courtesy stockcharts.com)
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Thursday, July 01, 2010
Stock Market New Pullback Lows / Stock-Markets / Stock Markets 2010
The stock market indices started out the day with a strong surge, pulled back in an orderly fashion, and then made new highs by late morning. At that point they backed off and began a stair-step process over the next several hours only to accelerate and cascade lower in the last hour, sending the indices tumbling.
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Thursday, July 01, 2010
Stock Market S&P 1040 Breaches But Holds...For Now... / Stock-Markets / Stock Markets 2010
Yesterday I spoke about the poor intra-day action as the stochastic's and other oscillators had unwound on the 60-minute charts back up but with no real price appreciation. You can't help but notice this type of behavior as we often see this on the same 60-minutes in reverse in bull markets. When a market shows almost no rise in price, but you get rid of oversold, it makes you think that things are shifting rapidly to the side of the bears. This had not happened in quite some time. All the 60-minute chart did was form a bear flag as things unwound in a very tight 15-point range. Today that flag broke down as so often happens in this set up. It did so with a huge gap down out of the gate as overseas markets were crushed on bad economic news from China.
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