Category: Stock Markets 2013
The analysis published under this category are as follows.
Saturday, February 09, 2013
Stock Market Final Probe at the Top is Underway / Stock-Markets / Stock Markets 2013
By: Anthony_Cherniawski
The Head & Shoulders pattern in the NDX was nullified by this morning’s spike higher. It was replaced by another Orthodox Broadening Top. This is still within the prior OBT made over a month ago. The downside gap also remains. The urge to reflate is obvious in these repeating fractals. Broadening formations are rare and reveal confusion and a lack of leadership in the index. That is why the break-down will be severe, possibly monstrous. No one will take the blame for it, of course.
Friday, February 08, 2013
Stock Market Insiders Head For the Exits, Do They Know Something "We" Don't Know? / Stock-Markets / Stock Markets 2013
By: Money_Morning
Keith Fitz-Gerald writes: Whenever the markets begin to look toppy like they do now, I turn to short-term indicators to help me figure out "what's next" for the markets. It complements the fundamental analysis I rely on for the big picture.
Some people - lots of people, in fact - will tell you that this is a wasted exercise. Predicting the markets, they say, can't be done. I disagree if for no other reason that if that were true, guys like Jim Rogers, Warren Buffett, Steve Jobs, Richard Branson and Carlos Slim wouldn't be the legends they are today.
Read full article... Read full article...
Friday, February 08, 2013
Why Many Newsletter Writers Will Steer You The Wrong Way / InvestorEducation / Stock Markets 2013
By: GrowthStockWire
Brian Hunt writes: It's time for traders to take caution... the "dirty secret of the investment advisory business" is flashing a warning sign.
This dirty secret helped traders make big, low-risk gains by going long stocks in June. And it's a timeless piece of wisdom that will always help lead you to great trading opportunities. The "dirty secret" is simple...
Thursday, February 07, 2013
Stock Market Sentiment Getting Up There...Not Yet At A Total Sell Signal...Caution For Now.... / Stock-Markets / Stock Markets 2013
By: Jack_Steiman
When sentiment gets up to these levels you have to take notice and ask yourself about how much more upside there is before things come down hard. Historically it takes 40%, or slightly above, before a bear market starts for the short-term in order to unwind. In 2007 we saw it reach 42.5% before the crash in the stock market, and the same crash happened in 2011, with a 41.6% reading. We're at 33.6% with bears still above 20%, although real close at 21.1%.
Read full article... Read full article...
Thursday, February 07, 2013
Stock Market Gaps and Other Nasty Formations / Stock-Markets / Stock Markets 2013
By: Anthony_Cherniawski
Here is a closer examination of the NDX. Starting from left to right, you can see the huge island gap left on January 2. The NDX closed on December 31 at 2660.93. The Head is also an island reversal pattern, with the gap left open. You may say that the rally in the right shoulder to 2768.63 filled the gap. That may be so. That still leaves the massive gap underneath the current island formation. The Head & shoulders pattern will either fill the gap or, as I have suggested, leave another gap on the way down. The fascinating part is the closing price in the NDX on December 31 was 2660.93, only 78 ticks from the Head & Shoulders Minimum Target.
Wednesday, February 06, 2013
Stock Market Euphoria as Fed Drives Up Stocks / Stock-Markets / Stock Markets 2013
By: EWI
The following is a sample from Elliott Wave International's new 40-page report, The State of the Global Markets -- 2013 Edition: The Most Important Investment Report You'll Read This Year. This article was originally published in the October 2012 issue of The Elliott Wave Financial Forecast.
Read full article... Read full article...When government gets into the act of speculation, the top is usually way past having occurred. Government is the ultimate crowd, every decision being made by committee. It is always acting on the last trend, the one that is already over. (For example, the Federal government passed securities laws to prevent the 1929 crash...in 1934.) -- The Elliott Wave Theorist
Wednesday, February 06, 2013
Stock Market Reversal / Stock-Markets / Stock Markets 2013
By: PhilStockWorld
Doug Short writes: The action in today’s S&P 500 was more or less a reversal of what we saw yesterday. The index surged at the open, rallied to mid-morning, leveled out for a couple of hours and then rose to its intraday high, up 1.29%, just before the final hour of trading. Some profit taking trimmed the gain for the day to 1.04%. This is the second best percent gain of 2013 — exceeded only by the 2.54% liftoff on first trading day of the year in celebration of the Fiscal Cliff resolution.
Tuesday, February 05, 2013
Stock Market Bulls Should Be Careful Despite an Impressive January / Stock-Markets / Stock Markets 2013
By: Profit_Confidential
George Leong writes: It’s amazing how resilient the equities market has been in spite of the concerns toward the budgetary cuts and debt ceiling, the eurozone’s stalling and debt, and the earnings risk.
The current equities market has some bull legs; it could advance higher, driven by more encouraging earnings and economic news, which has been positive.
Tuesday, February 05, 2013
Dow Stock Market Index To 14,000 ... and Beyond? / Stock-Markets / Stock Markets 2013
By: Frank_Holmes
If you've been a hibernating bear lately, you've missed a ton of positive news, as U.S. construction spending rose, ISM manufacturing data beat expectations and the country added 157,000 jobs. In addition, the JP Morgan Global Purchasing Managers' Index rose to 51.5, staying above the expansion level for a second month in a row. The strengthening data, as well as improving investor sentiment, helped the Dow hit 14,000 for the first time since 2007.
Tuesday, February 05, 2013
Bernanke Blows Bond Bubble into Stocks / Stock-Markets / Stock Markets 2013
By: Michael_Pento
Ben Bernanke was instrumental in creating a bubble in U.S. Treasuries. His actions have served to inflate it to the point that it has now become the greatest bubble in the history of global investment. Not only has the Chairman of the Federal Reserve guaranteed that current bond holders will get destroyed once the sovereign debt bubble bursts, but he has also begun to inflate yet another massive bubble in U.S. equity prices.
Read full article... Read full article...
Tuesday, February 05, 2013
Overbought Stock Market Pullback...Finally.... / Stock-Markets / Stock Markets 2013
By: Jack_Steiman
The market was begging for it. Day after day we stayed pretty much at overbought levels on all the major oscillators. The RSI's are sometimes staying well above normal overbought levels of 70. Readings in the lower 80's are not abnormal. You sit and wonder how long it can last. You know it's going to finally sell hard, but figuring out that moment is not an easy chore by any means. We have stayed overbought longer than most would have thought possible, and those who shorted at the first signs of overbought paid a big price as the market kept climbing higher. You had to stay with the trend as long as need be all the while waiting for the morning you wake up with the futures down hard. When these snap downs occur, it usually is with a strong gap lower that holds and trends lower throughout the day. Not necessarily always having to close on the lows, but clearly closing below the gap down readings. The bulls finally unable to make up the losses that took place early on. In the past that was an easy task, but finally today we saw the bulls unable to make it back.
Read full article... Read full article...
Tuesday, February 05, 2013
Stock Market SPX Sell Signals Confirmed / Stock-Markets / Stock Markets 2013
By: Anthony_Cherniawski
The sell signal in SPX is now confirmed. This Broadening Wedge has an average target of 1200.00. I expect to see a minimum 30 point drop from here. Very likely the decline will take SPX to its Intermediate-term support at 1460.14 or to the hourly Cycle Bottom at 1458.34. Both of these supports are rising quickly, so we’ll have to keep that in mind as the SPX probes for its next bottom.
Read full article... Read full article...
Tuesday, February 05, 2013
The Stock Market in a “Technical Bull”, Fascinating Juncture / Stock-Markets / Stock Markets 2013
By: Christopher_Quigley
Prime Minister David Cameron stalls the “European Project”:
Late last month one of the most important speeches on Europe ever made by a British Prime
was presented by David Cameron to a central London audience at an event hosted by Bloomberg. The speech sent shock-waves throughout the European establishment.
Salient excerpts are quoted below courtesy of “The Independent.co.uk”.
Monday, February 04, 2013
Stock Market – Bears Shmares. Where Is It? / Stock-Markets / Stock Markets 2013
By: Michael_Noonan
Markets can remain irrational longer than you can remain solvent.
We cannot count how many times, over the past 4 years, the number of people who
have been salivating for a bear market, and not a few going short in “anticipation.”
This is not a bull market. This is a central planner’s market, and with Pinocchio Ben’s
backing, there is no one with pockets deep enough to counter the fiat-fueled up move.
Monday, February 04, 2013
Stock Markets Mixed Week with a Big Shanghai Bounce / Stock-Markets / Stock Markets 2013
By: PhilStockWorld
Doug Short writes: As of Friday’s close, the eight world indexes in my weekend update presented a mixed bag. The China’s Shanghai Composite was the stellar standout, up 5.57%, a total reversal from its last-place finish the previous week. Japan’s Nikkei 225 finished in distant second with a gain of 2.42% and the UK’s FTSE 100 finished third, up one percent. The US’s S&P 500 and Hong Kong’s Hang Seng finished in the middle of the pack with similar modest gains, up 0.68% and 0.60% respectively. The bottom three indexes posted losses for the week, with India’s SENSEX as the worst performer, down 1.60%. France’s CAC 40 and Germany’s DAXK posted fractional declines.
Sunday, February 03, 2013
Stock Market Uptrend Continues / Stock-Markets / Stock Markets 2013
By: Tony_Caldaro
Despite the FOMC meeting, a negative Q4 GDP, the monthly Payrolls report, and a number of other economic indicators this market was not volatile at all. The entire range for the week was SPX 1496-1514, a bit more than 1%. For the week the SPX/DOW were +0.75%, and the NDX/NAZ were +0.95%. Asian markets gained 1.3%, European markets lost 1.6%, and the DJ World index gained 0.7%. On the economic front positive reports outpaced negative reports 12 to 5. On the uptick: durable goods orders, the Chicago PMI, ISM manufacturing, Case-Shiller, construction spending, personal income/spending, the payrolls report, the ADP index, consumer sentiment, auto sales, and the WLEI improved. On the downtick: pending home sales, consumer confidence, and Q4 GDP, plus the unemployment rate and weekly jobless claims rose. Next week is a much lighter week with only five economic reports with ISM services and Consumer credit highlighting the week.
Sunday, February 03, 2013
Stock Market Bull Rages On.... / Stock-Markets / Stock Markets 2013
By: Jack_Steiman
I don't think anyone reading this letter tonight would argue that the bull market is raging along, overbought or not. Even the most bearish of traders has to realize, at this moment in time, the bulls are in full control of things. How can you argue with this type of price action? If you have, and you've been shorting, you are undoubtedly feeling the heat. Nothing good has been coming from shorting at overbought to this point. Of course, we will snap down for a correction at some point soon, but until now, shorting the overbought conditions have bought you nothing but heartache. Thinking you can short just because the market is overbought is a huge mistake.
Read full article... Read full article...
Sunday, February 03, 2013
Stock Markets at Extreme Levels, Asset Class Correlations / Stock-Markets / Stock Markets 2013
By: Tony_Pallotta
For the week ending February 1, 2013, the SPX was up 0.7%, the Russell small caps were up 0.6% and the COMP was up 0.9%.
The only noticeable divergence within the indices is the Nasdaq 100 which has failed to take out prior highs and has shown a clear loss of momentum. Technically it has not violated support and therefore remains in an uptrend.
Other indices also remain in an uptrend as daily support has not failed though they too are showing a loss of upside momentum. If you are long equity, stops that are recommend are roughly 1,490 on the S&P500, 895 on the Russell and 3,140 on the Composite.
Read full article... Read full article...
Sunday, February 03, 2013
Stock Market Broadening Top Pattern Meets the Inflation Mega-trend / Stock-Markets / Stock Markets 2013
By: Nadeem_Walayat
The Dow having successfully breached the psychologically important 14k on Friday, an event that has triggered the mainstream media to busily dig out long-term charts for analysis that show that the market is approaching a multi-year high that is coupled with dubious concluding implications.
Saturday, February 02, 2013
2012 Will be the Gold Stocks Year / Stock-Markets / Stock Markets 2013
By: Jeff_Clark
Is your precious-metals portfolio ready for 2013? We want to get positioned in the best performers ahead of the industry's next big move to maximize profit while minimizing risk.
Some readers may question if gold stocks really have snapped out of their funk. We could discuss this topic for many pages, but the bottom line for us at Casey Research is simple: if you believe gold and silver prices are going higher, then equity prices will follow.
Read full article... Read full article...