Analysis Topic: Stock & Financial Markets

The analysis published under this topic are as follows.

Thursday, November 07, 2013

ECB's Tough Balancing Act, Bubbles vs Deflation / Stock-Markets / Euro-Zone

By: Gary_Dorsch

Today, a small group of central bank chiefs can meet in private and wield unprecedented power over global markets, economies, and wealth distribution. They are held accountable to the ruling politicians that in most cases have no respect for the principle of sound money. Instead, in Europe, the UK, Japan, the US, and elsewhere, central bankers have become intricately linked to monetizing government debts, and financing the expansion of the welfare state. As such, disciplined and independent central banking, a cornerstone to any hope for sound money and credit, has been relegated to the dustbin of history.

Wednesday, November 06, 2013

Stock Market Bulls Pull Back on Early Losses / Stock-Markets / Stock Markets 2013

By: PhilStockWorld

Monday’s nascent gain was challenged by early morning losses. However, bulls were able to regain the majority of such losses by the close of trade.

The Nasdaq and Nasdaq 100 had the best of the day’s action, going as far to post a modest gain. The Nasdaq 100 has a relative lead over the Russell 2000, and is attempting to regain relative strength against the S&P. If there is an index to gain tomorrow, one of these is it.

Wednesday, November 06, 2013

Stock Market Rally Goes on Hold / Stock-Markets / Stock Markets 2013

By: PhilStockWorld

Courtesy of Doug Short: After a two-day advance, the S&P 500 took a small step back today. The index opened lower and sold off to its -0.69% intraday low just as the 10AM ISM Non-Manufacturing (aka Services) Report came in better than forcast. The index promptly rallied to its intraday high during the lunch hour. But today’s high was -0.05% below yesterday’s close. The index ended the day with a -0.28% loss. Today’s selling on so-so volume was probably attibutable to caution in advance of the big economic reports on Thursday and Friday, most notably our first look at Q3 GDP and the October Employment Report.

Wednesday, November 06, 2013

Bubble That Everyone Admits is a Bubble / Stock-Markets / Liquidity Bubble

By: EconMatters

This is one of the few times where the benefactors or professionals who benefit from the bubbles, in this case created by the Federal Reserve, fully and openly acknowledge that stock prices and certain other asset classes are completely divorced from fundamental valuations.

Tuesday, November 05, 2013

Why November May Not Be So Safe Stock Market Investors / Stock-Markets / Stock Markets 2013

By: DailyGainsLetter

Mohammad Zulfiqar writes: Since the beginning of the year, key stock indices have provided investors with hefty gains; with the S&P 500 having increased more than 23% from January to October. Other key stock indices, like the Dow Jones Industrial Average and the NASDAQ composite index, have provided similar returns.

Tuesday, November 05, 2013

VIX Master Cycle Low Means Falling Stock Prices Ahead / Stock-Markets / Stock Markets 2013

By: Anthony_Cherniawski

For most of the year, I believed that the March 15 low was the low for the year. It may remain the low for 2013, but a possibility exists that it may not be.

Let me explain.

Tuesday, November 05, 2013

ObamaCare and Inflation to the Stock Markets Rescue? / Stock-Markets / Stock Markets 2013

By: Michael_Pento

The market averages continue to set record highs, as investors are forced by the Fed into stock market speculation due to artificially-suppressed interest rates. But neither our central bank nor corporate measures deployed solely to increase earnings per share while ignoring revenue declines (see IBM's announcement of a stock buyback) can hide the fact that the underlying economic growth is deteriorating.

Monday, November 04, 2013

Stock Market Pop-n-Drop? / Stock-Markets / Stock Markets 2013

By: Anthony_Cherniawski

Good Morning!

TNX is pulling back from its impulsive high this morning. The pattern may not be complete to the upside, but there certainly is room for a short reprieve from time to time. The Cycles Model suggests that Treasuries may decline through Thanksgiving before a turn higher.

Monday, November 04, 2013

How to Become Your Own Central Bank / Stock-Markets / Investing 2013

By: Money_Morning

Central banks may have foolish policies, but central bankers are no dummies.

They know exactly what they're doing. They even comprehend a few of the implications, too.

Which is why it's interesting that some American central bankers have suggested doing away with the debt ceiling altogether.

Monday, November 04, 2013

Have We Reached the Stocks Bull Market Top? / Stock-Markets / Stock Markets 2014

By: Andre_Gratian

Current Position of the Market

SPX: Very Long-term trend - The very-long-term cycles are in their down phases, and if they make their lows when expected (after this bull market is over), there will be another steep decline into late 2014. However, the severe correction of 2007-2009 may have curtailed the full downward pressure potential of the 40-yr and 120-yr cycles.

Intermediate trend - SPX initial top in place.

Monday, November 04, 2013

SP500, NAS Stock Market New Highs v Your Individual Stocks / Stock-Markets / Stock Markets 2013

By: Michael_Noonan

Markets tend to rally during the last two months of the year, but like the indexes, that is a statement of averages, and averages do not always tell the whole story. It is not a secret that the Lying Ben schemers have been responsible for propping up the volume- deficient, individual-investor-absent stock market. What is of critical importance for any investor is to measure his/her portfolio against the overall market.

Sunday, November 03, 2013

Easy Money, Excess Liquidity, Anatomy of Market Bubbles and Crashes / Stock-Markets / Liquidity Bubble

By: John_Mauldin

John (Note to readers: A small number of readers reported receiving a blank email of today's Thoughts from the Frontline, and so we decided to resend the letter in order to ensure that all readers were getting it.)

The difference between genius and stupidity is that genius has its limits. – Albert Einstein

Genius is a rising stock market. – John Kenneth Galbraith

Any plan conceived in moderation must fail when circumstances are set in extremes. – Prince Metternich

You can almost feel it in the fall air (unless you are in the Southern Hemisphere). The froth and foam on markets of all shapes and sizes all over the world. It is an exhilarating feeling, and the pundits who populate the media outlets are bubbling over with it. There is nothing like a rising market to help lift our mood. Unless of course, as Prof. Kindleberger famously cautioned (see below), we are not participating in that rising market. Then we feel like losers. But what if the rising market is … a bubble? Are we smart enough to ride and then step aside before it bursts? Research says we all think that we are, yet we rarely demonstrate the actual ability.

Sunday, November 03, 2013

Stocks Bull Market Continues / Stock-Markets / Stock Markets 2013

By: Tony_Caldaro

The market started the week by making new all time highs everyday until the FED concluded its FOMC meeting. Then after hitting SPX 1775 earlier that morning the market pulled back for the rest of the week. For the week the SPX/DOW were +0.15%, the NDX/NAZ were -0.30%, and the DJ World index was -0.60%. On the economic front positive reports outpaced negative ones 9 to 6. On the uptick: industrial production, capacity utilization, Case-Shiller, business inventories, the CPI, the Chicago PMI, ISM manufacturing, the monetary base and weekly jobless claims improved. On the downtick: pending home sales, retail sales, the PPI, consumer confidence, the ADP and the WLEI. Next week we try again for Q3 GDP (est. +1.9% to 2.4%), monthly Payrolls and PCE prices.

Saturday, November 02, 2013

Explanation for the Upward Tilt of US stock PE Ratios / Stock-Markets / Stock Market Valuations

By: PhilStockWorld

Courtesy of Joshua M Brown writes: One of my whip-smart readers, Cathy Leow, wrote in a really interesting take to explain the gradual and undeniable upward tilt for the PE ratios of US stocks in recent years. Cathy was formerly an economist and then a grains trader, she's been analyzing and investing in the equity markets since 2005.

Saturday, November 02, 2013

Stock Market Ends Week Fractionally Off its All Time High / Stock-Markets / Stock Markets 2013

By: PhilStockWorld

Courtesy of Doug Short: The S&P 500 began the month with a daily gain of 0.29%, snapping a two-day decline and salvaging a small weekly gain of 0.11%. The high point of the week, and I mean literally, was Tuesday’s all-time closing high at 1,771.95, a level that was briefly surpassed shortly after Wednesday’s open, which was the first of the modest two-day mid-week slump. Today’s economic news was light, although the 10 AM better-than-expected ISM Manufacturing report assisted the index in reaching its 0.52% intraday high about 5 minutes later. Next week will bring us some major economic updates, most notably the first estimate of Q3 GDP, Personal Incomes and Outlays and the Employment Report for October.

Friday, November 01, 2013

It’s Still Too Early To Worry About the Fed Tapering / Stock-Markets / Quantitative Easing

By: Sy_Harding

Fed tapering will be a legitimate worry in a few months, but should not be yet.

Analysts and economists have been concerned for almost five years now about how Fed Chairman Bernanke would ever be able to manage a successful exit from the Fed’s massive QE stimulus efforts.

Friday, November 01, 2013

Fiat Monkees and Golden Beatles / Stock-Markets / Financial Markets 2013

By: John_Mauldin

By Grant Williams

Madness!! Auditions. Folk & Roll Musicians-Singers for acting roles in new TV series. Running Parts for 4 insane boys, age 17-21. Want spirited Ben Frank's types. Have courage to work. Must come down for interview.

On September 8-10, 1965, this ad appeared in the Hollywood Reporter and Daily Variety, as two aspiring filmmakers, Bob Rafelson and Bert Schneider, inspired by what was to become one of the best and most influential musical films of all time, set about trying to cast the leads in a television show about four crazy kids living the rock 'n' roll lifestyle that the protagonists in the aforementioned film had made so appealing to the masses.

Friday, November 01, 2013

Essential Investor Strategy for Profit & Protection / Stock-Markets / Financial Markets 2013

By: DeepCaster_LLC

“Facebook creates less business value than any other digital marketing opportunity ... [so] ... Don’t dedicate a paid ad budget for Facebook…

“We asked 395 executives from the US, the UK, and Canada how satisfied they were with the business value they get from 13 different online marketing sites and tactics. You’d expect a site boasting the largest audience and the biggest collection of data to fare well. But we found that Facebook offered less value than anything else on our list .... The least valuable tactic within Facebook? Those paid ads onto which Facebook has shifted focus.”

Friday, November 01, 2013

Huge Cracks In US Financial Fortress, Petro-Dollar Final Death Throes / Stock-Markets / US Dollar

By: Jim_Willie_CB

Many analyst writers choose the Black Swan analogy to describe deeply ominous events in progress, with little forward notice. The analogy simply does not fit anymore, as an armada of black swans is more appropriate, spotted on regular and frequent sightings. The Jackass preference is to describe a series of major cracks in the financial fortress that defends the USDollar system and its decrepit USTreasury Bond shuttle buggy. The vehicle is overloaded with supply and bereft of investors, upheld by a printing press, explained by pure heresy. Its derivative coil on the undercarriage axel system is broken from the overdone leverage and hidden machinations. The integrity of the USD/USTB brand name was cast off the American coat of arms along with the Lehman Brothers killing to save Goldman Sachs, the adoption of Fannie Mae to conceal the fraud, and the AIG to contain the derivative payouts. The October Hat Trick Letter explains the Wall Street saga behind the scenes on the GSax rescue, managed by the USDept Treasury office. The US financial fortress died in September 2008, when the Jackass made the USGovt debt default forecast. What has happened in the following long five years has been an incredibly prolonged and desperate attempt, its creativity recognized, to extend life support to a corpse beset by necrosis and sclerosis, whose blood has turned toxic, lacking any oxygen (capital). The US nation has lost its way, no longer capable of comprehending capitalism. Its policy initiatives actively destroy precious capital on the banker altar, celebrating the dark side with celebrations of fire. The emaciated body economic is being prepared to be handled by the JPMorgue for processing.

Friday, November 01, 2013

Stocks Secular Bull and Bear Markets / Stock-Markets / Stock Markets 2013

By: PhilStockWorld

Courtesy of Doug Short: Was the March 2009 low the end of a secular bear market and the beginning of a secular bull? Without crystal ball, we simply don’t know.

One thing we can do is examine the past to broaden our understanding of the range of possibilities. An obvious feature of this inflation-adjusted is the pattern of long-term alternations between up-and down-trends. Market historians call these “secular” bull and bear markets from the Latin word saeculum “long period of time” (in contrast to aeternus “eternal” — the type of bull market we fantasize about).