Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Wednesday, February 22, 2012
Herding Greek Cats From Bondage, Gold and Silver Battleground / Stock-Markets / Eurozone Debt Crisis
Listen to the empty words of the last bailout for Greece. Credibility with the Jackass was lost back on the third bailout, well over a year ago, out of the six bailouts in total. Perhaps it is seven comprehensive final bailouts. The pattern is clear. The politicians, without popular support, forge agreements on debt coverage with the Greek officials. The deals fall through, hit the ground, and expose the lack of support even from the European bankers, led by the Germans. The pattern has been vividly clear for over a year, enough for my dismissal of new accords right away on the basis that the German bankers will not conform and agree to the deals struck. The political leaders in France (Sarkozy) and Germany (Merkel) are due to lose their offices, yet they continue to march around at useless summits attempting to cut last ditch agreements that mean nothing. The people are not willing in Germany to hand over any more than the $3 trillion to date, from the start of the common Euro currency experiment. The bankers, like at the Bundesbank, should attend the summits, but that would be too obvious on where the majority of power is held. What is unfolding is a comprehensive Greek Govt debt default from the inability to contain the situation, the impracticality of the austerity budgets put in place, the wreckage that has come to the Greek Economy, and the intractable solution.
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Wednesday, February 22, 2012
Stock Market Frustrates the Bears Whilst a Falling Dollar Will be Bullish for Commodities / Stock-Markets / Financial Markets 2012
Tom De Mark pins us around a top here, still suggesting roughly a 5% retreat from here in total, in an up-down manner that frustrates bears, before the market then advances again. He makes the following analogy with 1987:
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Tuesday, February 21, 2012
Opportunity of a Decade in Japan’s Overlooked Stock Market / Stock-Markets / Japanese Stock Market
Japanese stocks have long tempted value-oriented investors who hope to capitalize on the sclerotic Japanese market’s eventual turnaround. Unfortunately, those gains have proved largely elusive due to the global economy as well as reasons endemic to Japan.Last year, Japan suffered a devastating earthquake and tsunami in March that led to power shortages that further impaired economic activity. At the same time, the yen’s appreciation and the EU’s sovereign-debt crisis weakened demand for Japanese exports, while flooding in Thailand disrupted the supply chain for global technology companies, including those in Japan.
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Tuesday, February 21, 2012
Stock Market Target Reached / Stock-Markets / Stock Markets 2012
Current Position of the Market
SPX: Very Long-term trend - The very-long-term cycles are down and, if they make their lows when expected, after this bull market is over, there will be another steep and prolonged decline into late 2014.
SPX: Intermediate trend - Intermediate uptrend still intact, but short-term top imminent.
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Tuesday, February 21, 2012
Stocks Stealth Bull Market Riding Tsunami's of Debt Crisis Fears to New Highs, What's Next? / Stock-Markets / Stock Markets 2012
The stock market last closed at another new bull market high at Dow 12,950, and within easy imminent touching distance of breaking above 13,000, whilst the debt crisis news out of Europe and elsewhere keeps worsening despite desperate attempts by European politicians to paper over the cracks as Greece marches inexorably towards the Euro-zone exit as each month the amount of debt write off demanded continues to climb from originally 20% to 53.5% (nominal, actual is probably 70%) today towards an eventual 90% default because the focus so far has been wholly on privately funded debt that has yet to touch on the additional Euro 200 billion or so that the euro-fools have so far thrown into the Greek debt black hole during the past 2 years to buy time for their own bankrupt banks.
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Sunday, February 19, 2012
Stock Market SPX Uptrend Topping / Stock-Markets / Stock Markets 2012
The market gapped up on monday. Then after a pullback on tuesday, it made three consecutive new uptrend highs the following three days. For the week the SPX/DOW were +1.3%, and the NDX/NAZ rose 1.6%. Economic reports for the week were heavily biased to the upside. On the uptick: retail sales, business inventories, export prices, the NY/Philly FED, capacitiy utilization, the NAHB index, housing starts, the CPI/PPI, the WLEI, the monetary base, and weekly jobless claims improved. On the downtick: import prices, industrial production, building permits and the M1 multiplier. Overall it was a fairly solid week for stocks and the economy. Next week we’ll get reports on Existing/New home sales and Consumer sentiment.
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Saturday, February 18, 2012
Where To Wait Out the Great Correction / Stock-Markets / Financial Markets 2012
Tired of running out of time and money? Scrimping and saving just to make ends meet?
Try moving to Harlingen, Texas. The cost of living there is only about 40% of the cost of living in Manhattan.
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Saturday, February 18, 2012
Stock Market Spends Another Week At Overbought...Bullish Action Continues On.... / Stock-Markets / Stock Markets 2012
This has definitely been the most interesting day of the year so far. The market tried gapping up again today, but that gap up took all the major index charts into overbought territory once again on those daily charts. RSI's near 80, once again, on the Nasdaq, with the S&P 500 also joining the party into overbought, with readings in the lower 70's. You just can't have the market staying overbought time-after-time after some small selling episodes.
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Friday, February 17, 2012
Euro’s SPX Stock Index Influence / Stock-Markets / Stock Markets 2012
Over the past few years, the fortunes of Europe’s euro currency have appeared to significantly influence the US stock markets. This rather-curious relationship has proved vexing at times to American traders, as it doesn’t seem logical on the surface. But given the high correlation between the US stock markets and the euro, prudent traders can’t ignore its impact. And the euro’s state today is very bullish for US stocks.
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Friday, February 17, 2012
THE KEY to Markets Performance Until November, 2012 / Stock-Markets / Financial Markets 2012
“Financial currency inflated hell by global debt monetization is the condition from which there is no escape, except through burning down the old system and making a new one. This is the dead end sign at the end of the road for can kicking. It is the condition of financial perdition. It is not something coming in a distant future. It is here and now, clear and present, if you have the eyes to see.
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Thursday, February 16, 2012
Want to Know Who's Going to Be President? Ask the Stock Market / Stock-Markets / US Presidential Election 2012
What's the biggest influence on the outcome of presidential elections?
Many observers would identify the role of campaign spending by super PACs, a candidate's debate performance, and, of course, the health of the economy ("stupid").
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Thursday, February 16, 2012
Did the SP500 just peak at 1356? / Stock-Markets / Stock Markets 2012
This is somewhat of a things that make you go hmmmmmm exercise, but lets examine this 1356 number for a second here. The SP 500 hit 1356 today and put on the brakes and reversed down to 1341 in a possible terminal top move.
1356 actually has fibonacci relationships. If we take the last major rally which was from the Summer 2010 lows:
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Thursday, February 16, 2012
Stocks Bear Market Focus Point: Complacency Morphs into a Bull Trap – It’s that time again / Stock-Markets / Stocks Bear Market
Like it or not, we are still in an equity bear market rally. In its maturing phase it is ditinguished by six month old upward wedges in key indexes and stocks all quietly edging up into their apexes on declining volume. This is also a time when you would expect to see signs of bullish expectations remerging from the earlier seas of despair. Last week it was an email from an excited technical analysis based equity market newsletter announcing to all, that there are and I quote . . . . “ ‘70 Stocks poised to make Big Moves’, Tuesday's Q1 Stock Picking Session turned into a Stock Picking. Love Fest! Xxx xxxxxx discussed 70 stock trading candidates of all shapes and sizes, along with the reasons WHY they could make big moves”. The date of this email was February 9th 2012. There was also the NAAIM Survey of Manager Sentiment illustrated below.Read full article... Read full article...
Thursday, February 16, 2012
Apple (AAPL) Reverses Hard... Stock Market Still In Good Shape...... / Stock-Markets / Stock Markets 2012
This has definitely been the most interesting day of the year so far. The market tried gapping up again today, but that gap up took all the major index charts into overbought territory once again on those daily charts. RSI's near 80, once again, on the Nasdaq, with the S&P 500 also joining the party into overbought, with readings in the lower 70's. You just can't have the market staying overbought time-after-time after some small selling episodes. It's not healthy. The rubber band, eventually, snaps, and down you go. Nothing was more overbought than both the daily, and 60-minute, charts of Apple. Scary overbought to be blunt. Apple's daily charts reaching 90-RSI, with the 60-minute chart reaching the unheard of mid-90's. I have warned when something becomes extreme--the price one pays can be devastating. Once again, that became a reality, with Apple snapping down nearly thirty dollars off the top. Look again. I said thirty (30$) off the top in, basically, an hour's time, if not less. That's a rubber-band snapping in two. The type of pain the average retail player felt on that stock today is unbelievable. The largest volume of the year on the reversal means the stock will struggle for consistent upside for a while to come.
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Wednesday, February 15, 2012
Next Stock Market Top Target Date 22nd February 2012 / Stock-Markets / Stock Markets 2012
Looking at the S&P500 on short term view with updated actual and forecast geomagnetism, this is what we see:
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Wednesday, February 15, 2012
Financial Markets, Why We Are Headed to Where We Are Headed... / Stock-Markets / Financial Markets 2012
...(More on the Theory and Reasoning of the Contracting Fibonacci Spiral)
My old history teacher in high school once said that "It is amazing that we live in a period of time where access to historical records have been thoroughly documented so that humankind can learn from mistakes of former civilizations. Instead we as a society tend to choose the easy way out, make the same mistakes and never learn from history". Governments throughout history have attempted to manipulate the masses so that the upper elite can have access to greater control. This has been done through propaganda etc. with no consideration for the future or examination of historical consequences.
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Tuesday, February 14, 2012
Stock Market Staying Overbought... / Stock-Markets / Stock Markets 2012
That's not necessarily good news as it's the second move back above 70 RSI on all the major index daily charts. It would have been, and would still be, a good thing if we sold harder in order to fully unwind those nasty overbought momentum oscillators. but for the moment, the bulls refuse to give in. The RSI's, all back over 70, with the Nasdaq heading towards 80, where it fell hard last time. The risk for new plays doing well is poor here, even if we stay overbought a bit longer. You have to be very nimble, if you're going to put new money to work here. At any moment in time, the market could snap lower.
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Tuesday, February 14, 2012
S&P500 Above 1350 Again / Stock-Markets / Stock Markets 2012
Courtesy of Doug Short writes: The S&P 500 surged at the open, presumably in celebration of the Greek parliament’s voting in favor of an additional package of austerity measures. The opening advance took the index above the 1350, a level it couldn’t maintain during the morning hours, but after an early lunch, the 1350 level held, and the index closed at 1351.77 for a 0.68% gain. Last Thursday the index had its first close above 1350 since the selloff from its interim high last spring. The index is up 7.49% year-to-date and is a mere 0.97% below its interim high at the end of April 2011.
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Tuesday, February 14, 2012
There's Value Investing in Russia's Future / Stock-Markets / Russia
As Americans ponder the merits of Obama vs. Gingrich, Paul, Romney or Santorum, Russia will be electing its own president on March 4.
Perhaps we should say "re-electing" since it's almost certain former president and current prime minster Vladimir Putin will be elected. While protests and vocal opposition likely won't prevent Putin's presidential return, they have forced some interesting changes to the political climate and we've observed some positive changes in Russia's investment landscape.
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Monday, February 13, 2012
What’s Wrong With China’s Stock Market? / Stock-Markets / Chinese Stock Market
It wasn't just the U.S. and Europe that took on massive debt loads to provide the extraordinary global stimulus efforts that prevented the 2008 financial meltdown from morphing into the next 'Great Depression'. China also provided massive stimulus to its economy, and in the process is thought to have taken on much more debt than it has revealed.
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