Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.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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Thursday, July 01, 2010
The Only Stocks I’d Own Right Now / Stock-Markets / Dividends
Because I regularly receive emails from investors who need to remain invested in stocks to the long-side, I thought today we’re discuss which companies to own and why.
Investing has never been easy, but the last 15 years have been some of the toughest investors have ever faced, largely due to the fact that the US stock market has either been in a bubble or post-bubble Crash for most of that time.
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Wednesday, June 30, 2010
The Black-Art of Predicting Stock Market Dead Cat Bounces: One More for S&P 500? / Stock-Markets / Stock Markets 2010
On March 14th 2008 Nouriel Roubini’s made a prognosis about bouncing dead cats "Reflections on the latest dead cat bounce or bear market sucker's rally". I was so inspired that I conducted a very scientific experiment throwing dead cats off buildings to check how high they bounce; based on my findings I built a carefully constructed “algorithm” to prove beyond all scientific doubt that he was wrong.
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Wednesday, June 30, 2010
Falling Percentage of Trending Stocks on the NYSE / Stock-Markets / Stock Markets 2010
The percentage of stocks that are trending up on the NYSE Composite continues to fall. The number of equities on the Big Board that are trading above their long-term 200-day moving average has declined to about 37% (Chart 1). This means the majority of stocks are now descending. A reading of below 50% suggest a stronger correction is developing. Models illustrate that downward pressure is building as the 16-week cycle unfolds.
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Wednesday, June 30, 2010
Watching 1045 on the Emini S&P Index / Stock-Markets / Stock Index Trading
For no particular reason other than it was overdue (certainly), the Emini S&P 500 (e-SPU) this morning staged a recovery bounce in the aftermath of its 99.25 point plunge off of the June 21 rally high at 1129.50, though has since given back some of its gains.
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Wednesday, June 30, 2010
Some ECB Relief But US Jobs Disappoint / Stock-Markets / Stock Markets 2010
Yesterday was marred by more doom & gloom; not a glimmer of light throughout the European day. It started with China being battered after some alarming downward revisions to the Conference Board’s leading index for China overnight. Other negatives (and take your pick) included:
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Wednesday, June 30, 2010
Stock Market What's Next? The Obvious Take / Stock-Markets / Stock Markets 2010
The "fat pitch" that was looking good has fizzled into a stinky, foul ball. In all likelihood, we are looking at a bear market.
Tuesday's horrendous and high volume price action has led to a break below our key pivot points. A weekly close below these support levels represents a failed signal. Failed signals generally are a hallmark of a bear market. Thusly, there is significant downside risk.
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Wednesday, June 30, 2010
The Future Market for Alternative Cars / Stock-Markets / US Auto's
Tesla became the first American automaker to go public since 1956 today as shares began trading under the ticker TSLA on the Nasdaq. With its most expensive car selling for more than $100k, Tesla is looking to strike a chord with wealthy yet environmentally conscious car buyers. Later this year, Chevrolet hopes its Volt (a price tag about half the size of the Tesla Roadster) will become the first electric car for the masses.
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Wednesday, June 30, 2010
Stocks, Gold, Commodities and Forex Markets Trend Analysis / Stock-Markets / Financial Markets 2010
Hello All,
We had quite a day on Tuesday. Gold started out getting smashed, then recovered. The recovery may have been due in part to the Stock Indices crashing. Even with a $20 recovery from its lows, I expect we'll see lower prices in the (near) future. I was surprised to see the Gold recover without taking out the rest of the stops (arrows pointing at the lows of the bars) that hang in a row just below the market, down to about the 1212.1 area. In the short term, it's going to take some real strong new (panic) buying to move it up much further than Monday's highs of 1246.0. One thing that comes to mind might be some anticipation or result of the Unemployment Report on Friday.
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Wednesday, June 30, 2010
Stock Market Extremely Negative Session / Stock-Markets / Stock Markets 2010
The stock market indices got smacked hard, particularly at the opening when they gapped down big time, dropped sharply right after the opening gap, and did try a snapback rally which failed at initial resistance. That was the best they could do all day.
During the rest of the day they stair-stepped lower, tested, bounced a couple times, but then rolled over in the last hour only to bounce in the last 10 minutes to bring them off the lows, but still an extremely negative day.
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Wednesday, June 30, 2010
Strong Day For The Stock Market Bears... / Stock-Markets / Stock Markets 2010
Why? Because the 60-minute charts, which were oversold are no longer oversold, yet there was no upside action as things wound back up. You want to see the market blast up from oversold on those 60-minutes charts. We went from stochastic's below ten to over sixty, yet the S&P 500 wasn't even higher today. Ominous at best. This is what happens in reverse in bull markets. We get overbought yet things unwind with very little price depreciation. With this move showing almost no price movement to the upside the bears have the bulls where they want them. No excuses from here.
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Tuesday, June 29, 2010
How To Handle A Bad Day In The Stock Market / Stock-Markets / Stock Markets 2010
Look at the charts below, Are we closer to support or resistance? Given we are at a support level do you really want to stop out of everything here? Not us. We’ll let the dust settle, manage our positions (of which most all are still intact) and see what happens with support. Then we’ll make some decisions, but not here.
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