Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Friday, November 14, 2008
G7 Banking Systems Continue to Plunge into the Abyss / Stock-Markets / Global Financial System
As the G7 banking systems continue their plunge into the abyss, so do the world's economies. Public servants, governments and central banks are firing every policy option they have to keep the confidence of consumers and business from collapsing. NOTHING is working as the dominoes of confidence fall faster then they can run ahead of the game. The US and G7 governments are still trying to PICK winners and losers so confusion reigns supreme. Which set of corporate or financial elites will be let into the financial lifeboats and which shall be allowed to fail? That is the question.Read full article... Read full article...
Friday, November 14, 2008
Stock Markets Plunge Near the Close / Stock-Markets / US Stock Markets
We certainly had a topsy-turvy, volatile session today with the indices moving in three distinct waves on Friday. In the morning they gapped lower at the opening and moved down steadily until they reached yesterday's late reaction lows just under 1180 on the Nasdaq 100 and down around the 870 range on the S&P 500.Read full article... Read full article...
Friday, November 14, 2008
Stock, Commodities and Currency Futures Markets Analysis 14th November / Stock-Markets / Futures Trading
The December NASDAQ 100 was lower overnight due to profit taking as it consolidates some of Thursday's rally. Stochastics and the RSI remain neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below October's low crossing at 1136.75 would open the door for a possible test of monthly support crossing at 979.90 later this year. Closes above Monday's high crossing at 1321.25 would signal that a short-term low has been posted. Closes above last Wednesday's high crossing at 1389.00 are needed to renew the rally off October's low.Read full article... Read full article...
Friday, November 14, 2008
Stock Market Rally Against the Primary Trend / Stock-Markets / Stocks Bear Market
What a wild day on stock markets yesterday! At one stage the Dow Jones Industrial Average plunged to below 8,000, but staged a spectacular rally late in the session to close 553 points (6.6%) up on the day. The S&P 500 Index moved in tandem to finish the day 59 points (6.9%) higher.Read full article... Read full article...
Friday, November 14, 2008
Stock Market Crash Count Update and Bullish Gold Stocks Divergence / Stock-Markets / Stocks Bear Market
Bullish Divergences on $HUI and $OSX, S&P Crash Count Updated Again, here are a few charts I am looking at after Thursday's dramatic reversal.$HUI Daily Chart
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Friday, November 14, 2008
Japanese Stock Market Could Bounce in the New Year / Stock-Markets / Japanese Stock Market
Martin Hutchinson writes: Japan has been an infuriating country for U.S. investors for almost 20 years now, since its benchmark Nikkei 225 index hit its trading high of 38,957 in late December 1989 . The market then dropped steadily to a third of its peak value by the end of 1998, zoomed back up to 20,000 in March 2000, fell to a low of 7,600 in March 2003, and then recovered to 17,600 in June 2007.Read full article... Read full article...
Thursday, November 13, 2008
Stock Indices Explode Higher in the Mother of All Rallies! / Stock-Markets / US Stock Markets
The mother of all rallies occurred in the afternoon as the indices exploded in very strong 5-wave rally that left them at or very near the highs for the day going away on the close in a major turnaround rally.Read full article... Read full article...
Thursday, November 13, 2008
Emerging Markets ETF Starting New Upleg? / Stock-Markets / Emerging Markets
Let's notice that at yesterday's low the iShares Emerging Markets ETF (AMEX: EEM) was 10% of its October low, compared to the SPY's, which at yesterday's low were about 1.8% off of October low. In addition, the pattern carved out from the Oct 27 low at 18.90 to the 27.63 high on Nov 4 exhibits a very bullish structure, which was followed by a correct pattern into yesterday's low. Taken together, my pattern analysis suggests strongly that the EEM has entered the very early stages of a new upleg that has as its first target a test of the November resistance line now at 24.75.Read full article... Read full article...
Thursday, November 13, 2008
Where Stock Market Valuations and Technical Support Intersect / Stock-Markets / Stock Market Valuations
Where observation is concerned, chance favors only the prepared mind.” Louis Pasteur (1822-1895)
The basic fundamental value in buying a stock or a business is the cash flow it can produce over time. Investors discount expected cash flows to a single present value to come up with a valuation for a stock or business. You value a stock the same way you would value a dry cleaning business. A prospective buyer of a dry cleaning establishment wants to know how much cash it can produce over time after all the bills are paid.
Thursday, November 13, 2008
Stocks, U.S. Dollar and Crude Oil Video Analysis and Forecasts / Stock-Markets / Financial Markets
When Paulson came out today and stated that his earlier plan to save the western world was not working, he offered up a plan "C" (or is it "D"?) to relieve pressure on consumer credit, scrapping his earlier effort to buy the value mortgage assets.
No matter what happens or what the next plan is here, are the 3 reasons I believe stocks are headed lower.
Wednesday, November 12, 2008
Signs of a Stock Market Bottom as Bulls Duck for Cover Whilst Bears Roar / Stock-Markets / Stocks Bear Market
Sean Brodrick writes: Last weekend, I attended the Money Show in Washington, DC. The themes of fear and greed ran throughout the show. And I'd say that fear had the upper hand.
The speakers at the show (I was one of them) presented a bushel of picks for both up and down markets. And it's always good to get a peek inside some of the best brains in the business.
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Wednesday, November 12, 2008
Another U.S. Interest Rate Cut and Financial Market Trends / Stock-Markets / Financial Markets
Detroit Deja Vu - Speaker Nancy Pelosi and Senate Majority Leader Harry Reid recently sent a letter to Henry Paulson urging him to use funds from the Troubled Asset Relief Program (TARP) to rescue the big three automakers. Barack Obama has also hinted that he favors a taxpayer rescue ( WSJ.com ). It is a sign of the times. The Australian government recently announced a $6.2 billion rescue package for their struggling automotive industry ( Canberra Times ). But I feel that I have seen this all before. Read full article... Read full article...
Wednesday, November 12, 2008
Volatile Stock Markets Heading for Possible Mid 2009 Rebound / Stock-Markets / Global Stock Markets
Keith Fitz-Gerald writes: In the 20 years I've been creating stock-market forecasts, I've never seen such a contradictory set of forces at work in the markets all at one time. I could just as easily make the case that we're finally nearing a bottom, as I could that we're in for protracted downturn punctuated by sharp, quick drops.Read full article... Read full article...
Wednesday, November 12, 2008
Stock, Commodities and Currency Futures Markets Analysis 12th November / Stock-Markets / Futures Trading
The December NASDAQ 100 was higher overnight as it consolidates some of Tuesday's decline. Stochastics and the RSI remain bearish signaling that sideways to lower prices are possible near- term. If December extends this week's decline, October's low crossing at 1136.75 is the next downside target. Closes above last Wednesday's high crossing at 1389.00 are needed to renew the rally off October's low. Closes above the October 14th reaction high crossing at 1499.00 are needed to confirm that a bottom has been posted.Read full article... Read full article...
Wednesday, November 12, 2008
Global Stock Markets on a Knife Edge Warrant Extreme Caution / Stock-Markets / Stocks Bear Market
The list of well-known names identifying value on the US stock market at current levels is growing by the day and includes the likes of Jeremy Grantham ( GMO – “ Careful buying is justified ”), Warren Buffett (“ Buy America. I am ”), John Hussman ( Hussman Funds – “ Why Warren Buffett is right ” and “ How low, how bad, how long ?”) and Barry Ritholtz ( The Big Picture – “ Another buy in ”). Even perma-bears such as James Montier and Albert Edwards ( Société Générale – “ Turning more bullish ”) are increasing their equity exposure, albeit only for the short term.Read full article... Read full article...
Wednesday, November 12, 2008
Stock Market Downside Follow Through / Stock-Markets / US Stock Markets
The indices had another down day following up on yesterday's losses, but also had a lot of volatility. The day started out with a gap down on negative pre-market futures. A steep slide in the morning stabilized by mid-morning, and for the next 3-4 hours the indices moved in a sideways configuration and then exploded out of it in early afternoon, taking the NDX from about 1211 to 1249. The S&P 500 in that period went from 887 to about 917. A sharp 3-wave decline ensued, followed by a late bounce back into the close.Read full article... Read full article...
Tuesday, November 11, 2008
Stocks Bear Market Wedge Pattern Points to New Low -Yorba TV Show / Stock-Markets / Stocks Bear Market
It's time to think strategically about what is happening in the market today. There are so many theories and wave counts that it will make your head spin. However, let's see what the probabilities are based on the charts. A look at the Dow chart gives us a couple of immediate scenarios. Note the pink dotted line. This might be a potential support for the proposed triangle formation that some are advocating. This may already have been passed by the time the show is aired, so I will adjust my discussion accordingly.Read full article... Read full article...
Tuesday, November 11, 2008
What are Leadership Stocks Telling Stock Market Investors / Stock-Markets / US Stock Markets
The inside story of what Leadership stocks have been telling investors ...
On November 6th., we posted an in depth study and explanation of the Leadership Stock Ratio . See this link for the study and explanation: Leadership stock Ratio explained . This morning, we will look at a little different twist on the Leadership Stock Ratio .
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Tuesday, November 11, 2008
Bretton Woods II- Roadmap Towards a New Financial System / Stock-Markets / Global Financial System
Following calls by European leaders for a "Bretton Woods II", the Bush administration has invited the " G-20 " countries to come to Washington with the lofty goal to reform the world financial system. Will the way we do business change November 15?
The first Bretton Woods conference, held in 1944, gave birth to the International Monetary Fund (IMF), the World Bank and - albeit with half a century delay - the World Trade Organization.
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Tuesday, November 11, 2008
Stock, Commodities and Currency Futures Markets Analysis / Stock-Markets / Futures Trading
The December NASDAQ 100 was lower overnight as it extends Monday's decline. Stochastics and the RSI remain bearish signaling that sideways to lower prices are possible near-term. If December extends the overnight decline, October's low crossing at 1136.75 is the next downside target. Closes above last Wednesday's high crossing at 1389.00 are needed to renew the rally off October's low. Closes above the October 14th reaction high crossing at 1499.00 are needed to confirm that a bottom has been posted.Read full article... Read full article...