Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Wednesday, December 16, 2009
Stock Market S&P 500 Price Earnings Forecast 2010 to 2011 / Stock-Markets / Investing 2010
The S&P 500 PE ratio is the primary measure used by many investors to value the stock market and assess S&P 500 trend. Historically, the S&P 500 PE ratio has a median of 15.7. As of September 30, 2009, the S&P PE ratio was 86 based on a closing price of 1057 and trailing annual earnings of the S&P 500 of $46.36. All numbers are from the Standard & Poor’s S&P 500 index reporting. Part of the reason the PE ratio is so high is the negative affect of earnings in the December 2008 and March 2009 quarters. After the recent market rally, what should investors expect for 2010?
Read full article... Read full article...
Wednesday, December 16, 2009
Rules for Making Stock Market Profits in the Next Decade / Stock-Markets / Investing 2010
Your town probably has a Chamber of Commerce. Even my little town of Bigfork, Montana (population 6,000) has a Chamber of Commerce.
The Chamber of Commerce isn’t restricted to only the U.S. either. One of the largest chambers is located in Shanghai, China.
Read full article... Read full article...
Wednesday, December 16, 2009
Rydex Stock Market Timers Indicator Signaling Market Top / Stock-Markets / Stock Market Sentiment
Figure 1 is a daily chart of the S&P500 with the amount of assets in the Rydex bullish and leveraged funds versus the amount of assets in the leveraged and bearish funds. This data is hidden, but the ratio of bull to bear, which is depicted by the indicator in the lower panel, is 2 to 1. Since July, 2009, every time this ratio got above 2, it marked a short term top in the S&P500. These are noted by the maroon colored vertical bars.
Read full article... Read full article...
Wednesday, December 16, 2009
Sorry Folks... Stock Market Consolidation Continues..Bears Hold The Top.... / Stock-Markets / Stock Index Trading
I don't know how to say it any differently any more. I mean, you have to laugh. We hit the top. We get overbought. We sell off. We get to the bottom. We get oversold. We rise back up. Bulls defend 1085 S&P 500. Bears defend the 1110-1119 area on the S&P 500. An old story where the bulls and bears defend critical levels of resistance and support. Stocks are no different. A stock like Wynn Resorts (WYNN) up big yesterday but down a bit more than that today.
Read full article... Read full article...
Wednesday, December 16, 2009
Stock Market Volatile Session Ends Lower / Stock-Markets / Stock Index Trading
The market had a volatile session today. They were down early, then up sharply in a steep snapback rally after the first hour that took the indices right up to retest those key overhead resistance levels. They couldn't break through again, pulled back in an orderly fashion for most of the rest of the session until late in the day when they accelerated to the downside. Only in the last 15 minutes did they snapback to pare the losses.
Read full article... Read full article...
Tuesday, December 15, 2009
The Not So Orthodox Broadening Stock Market Top / Stock-Markets / Technical Analysis
A few of you have been asking me whether I am still following the broadening top formation. The answer is, Yes, Yes, Yes and Yes.
Being a fractal with self-similarity, the broadening top has replicated itself at several degrees of trend, much like the fern leaf to the left. This is giving it the power to extend beyond its expected boundary by repeating a self-similar pattern over and over again.
Read full article... Read full article...
Tuesday, December 15, 2009
U.S. Investor End of Year Tax Loss Harvesting and Other Strategies / Stock-Markets / Investing 2009
Since I’m not only doing the usual holiday running around, but also trying to prepare for an upcoming three-week trip to India, I’m acutely aware of just how hectic this time of the year can be.
But I also recognize that this is precisely one of the most important times for making moves that could significantly impact your finances, too.
Read full article... Read full article...
Tuesday, December 15, 2009
Historic Bull Run in Bonds Points to Higher Prices for U.S. Stocks in 2010 / Stock-Markets / Investing 2010
Jon D. Markman writes: A sluggish month in the stock market has equity investors worrying about what's next.
But those equity investors would feel so much better if they'd just spend a little time studying the credit markets. And with good reason: The bull market in credit that continues to rage in the face of this stock-market lethargy leads us to one simple conclusion.
Tuesday, December 15, 2009
Global Financial Crisis, No Bailout Will Stop It / Stock-Markets / Credit Crisis 2009
Sometimes, a bailout is not enough.
When Dubai World black swanned global investors last month with what amounts to be a reported $80 Billion in debt liabilities, it sent shivers down the spine of many a financial manager and stock trader. For those who were paying attention, Dubai’s troubled assets were no surprise, it was simply a matter of time. Oft repeated by contrarian analysts and investors like Dr. Doom Marc Faber, Gerald Celente, Jim Rogers, and Karl Denninger, the mathematical certainty of the economic crisis would play out - eventually.
Read full article... Read full article...
Tuesday, December 15, 2009
Stock Market Investors Watching the Snow Fall / Stock-Markets / Stock Market Sentiment
Investors seem to be mailing it in for the last couple of weeks of the year. Some buying interest on decent overall economic numbers, but very low volume indicates that many are sitting on their hands awaiting the flip of the calendar. Retail sales were better than expected, however auto sales and slightly higher gas prices did boost sales. The trade picture improved some, while jobless claim rose a bit – so at worst OK economic data.
Read full article... Read full article...
Monday, December 14, 2009
Stock Market Indices Close Near Session Highs, Start Week Up Again / Stock-Markets / Stock Index Trading
The indices managed to start the week off with some more gains, but labored in the afternoon.
The day started out with a nice gap up. They immediately took out Friday's highs on the S&P 500, but failed to do so on the Nasdaq 100, and then pulled back and consolidated. They took off again and extended the highs for the entire trading range of the last 4 weeks on the SPX, reaching as high as 1114.76. The NDX had trouble getting through 1810-11 resistance and backed off in mid-afternoon, but came on again near the close to end not far off the highs for the day.
Read full article... Read full article...
Monday, December 14, 2009
U.S. Dollar, Commodities and Emerging Market Trend Forecasts for 2010 / Stock-Markets / Financial Markets 2009
Today I am speaking at a local conference here in Dallas for my friends Charles and Louis Gave of GaveKal along with George Friedman of Stratfor, and get to finally meet Anatole Kaletsky. They graciously allowed me to send their latest Five Corners report as this week's Outside the Box. I find their research to be very thought-provoking as they are one of the main sources of optimism in my ususal readings (except for their very correct and profitable views on the European debt of the PIGS (Portugal, Italy, [Ireland?], Greece and Spain).
Read full article... Read full article...
Monday, December 14, 2009
Stock Market Bases Still Set Up Bullish... / Stock-Markets / Stock Index Trading
It's an endless pit of nothing. I know that's what it feels like folks. A market that seemingly can't move. No volatility. Hours of the market trading in such a small range. We're not used to that after the experience of having the market blasting off from March until September. Seven sweet months of beautiful gains that spent very little time pulling back. A market that wanted nothing but higher seemingly every day. Then we get four months of this range bound market and we yearn for that type of market once again. Isn't going to happen but that doesn't mean we won't see another move higher in the near future. I believe we will.
Read full article... Read full article...
Monday, December 14, 2009
The Cult of Stock Market Investor Non-participation / Stock-Markets / Investing 2010
Over the last few years we’ve made reference to the “cult” of non-participation. By this I mean the relative lack of retail investor interest in the stock market compared to the former decade. In tonight’s report we’ll look at why this trend of non-participation may be soon coming to an end.Read full article... Read full article...
Monday, December 14, 2009
Warning The Great Credit Expansion Financial Market Trend of 2009 Is About to End / Stock-Markets / Global Debt Crisis
Renowned speculator Bernard Baruch once said, “The main purpose of the stock market is to make fools of as many men as possible.”
As 2009 comes to a close, this year’s most popular investment is likely to make a lot of investors look like fools.
Read full article... Read full article...
Monday, December 14, 2009
Trendy Markets / Stock-Markets / Financial Markets 2009
The gold price has swept past the US $1200 mark - in both directions - so it’s time to check numbers against concepts and patterns. The yellow metal’s modern history began with Western economic expansion in the 19th century. That outstripped our ability to supply gold equivalent to economic activity, at fixed rates. With currencies delinking from gold by the early 1970s, miners couldn’t supply enough of it at the old fixed rates. Contrast that with copper which was in a supply glut at the time due to technological changes. Paper currencies were already a large multiple of gold horde values by this point.
Read full article... Read full article...
Monday, December 14, 2009
Robert Prechter Getting Desperate for Deflation, Martin Armstrong’s Revenge Revisited / Stock-Markets / Financial Markets 2009
Robert Prechter was out again this week reminding us all why deflation remains an immanent danger, and to dawn our crash helmets looking for ‘big declines’ in everything from stocks to gold. Of course anybody taking his advice seriously over the past 20 years has for the most part been on the wrong side of the trade for extended periods of time because he basically does not take into account just how desperate and crazy countervailing forces (the bureaucracy) to the primary trends he sees are, which is the case at present.
Read full article... Read full article...
Monday, December 14, 2009
Stock Market Headwinds Abate Slightly / Stock-Markets / Stock Index Trading
Last week the price of crude oil lost almost 10% pushing our composite indicator that is constructed from the trends in gold, crude oil and yields on the 10 year Treasury back below the extreme line. See figure 1 a weekly chart of the S&P500 with the indicator in the lower panel.
Read full article... Read full article...
Monday, December 14, 2009
S&P 500 Trend Analysis, Techies Holding the Market Back / Stock-Markets / Stock Index Trading
Early Friday, futures seemed like all the rage in the low volume hours, pumping it ahead of retail numbers. After the numbers, techies took a good dump and that kept a damper on S&P for the day – Party Poopers!
Read full article... Read full article...
Sunday, December 13, 2009
Stock Bullish Trend Turning Sideways / Stock-Markets / Stock Index Trading
Last week, market action was decidedly mixed. The Dow Jones industrial average and the S&P 500 were barely up while both the NASDAQ and the Russell 2000 were down. Most troubling is the lack of volume -- the persistent trend over the last month in what may be an aging bull market.
Read full article... Read full article...