Category: Stock Markets 2013
The analysis published under this category are as follows.
Saturday, January 12, 2013
Friday’s Flat Finish and Musings on a Stock Market Triple Top / Stock-Markets / Stock Markets 2013
By: PhilStockWorld
Courtesy of Doug Short. The S&P 500 slipped at the open and hit its intraday low, off 0.31%, at mid-morning. The index zigzagged through the day along a faint upward slope. A rally in the final hour took the 500 briefly into the green before settling for a flat finish — down seven basis points or, if you like percents, you’ve got to calculate the close to three decimal places: -0.005%. For the week, the index gained 0.38%.
Thursday, January 10, 2013
Stock Market Distribution Continues / Stock-Markets / Stock Markets 2013
By: Christopher_Quigley
Ireland Lobbies to Have Europe Share Banking Risk:
Ireland took over the presidency of the European Union on January 2013 for six months. Prime Minister Enda Kenny is thus in a unique position to try to find a solution to the banking crisis that has bedeviled Ireland since 2008. However, the job at hand is not going to be an easy one as reported by Christoph Pauley of Spiegel Online on the 7th. January:
"Ireland's reform policies have been widely praised for helping it emerge from the crisis, but the truth is bleaker. If the government fails to get European taxpayers to assume some of the risk of its ailing banking sector, the country could soon require another bailout.
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Thursday, January 10, 2013
Stock Market Lateral....Yawn...Still Nothing Bearish.... / Stock-Markets / Stock Markets 2013
By: Jack_Steiman
Same old thing, folks. I could stop the newsletter right here, because, in truth, there's not much to say or add to what we already know. The market had a huge two-day move up off the fiscal-cliff settlement, and now it's digesting that move by forming a handle that may last a lot longer than anyone would like it. It normally takes time to digest large moves whether it's up or down so to expect another large move up from here at this moment in time is probably wishing for something that's not coming. There is no way to know how long the handle will last, but a few weeks is usually the minimal amount of time needed.
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Tuesday, January 08, 2013
Last week's Stock Market Rally Ready to Unravel / Stock-Markets / Stock Markets 2013
By: Anthony_Cherniawski
CAF continues to pull back from what appears to be its Minor Wave 3 of Intermediate (5) high. We are approaching the point where this analysis is wrong. Should CAF decline beneath 24.01, there is a rising probability that the top is in.
I just thought you should know…
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Tuesday, January 08, 2013
Stock Market Staying Lateral Off The Big Move Up.... / Stock-Markets / Stock Markets 2013
By: Jack_Steiman
The market had a huge move a few days back when the fiscal cliff news was settled positively, the Republicans giving in to the news due to the fear of market conditions. They took a right cross as they swallowed the tax headaches in which they wanted no part. It was good news for the market, and we saw that with the huge move higher. We have spent the past three days moving laterally or consolidating that move. Good action technically as we are not seeing big volume come back in and take this down with any force. No head fake on the bull on the side of the move.
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Monday, January 07, 2013
Death Knell of the Economic Recovery, the Future of Inflation / Stock-Markets / Stock Markets 2013
By: Clif_Droke
Call it the "shot heard round the world." Its aim was ostensibly to reduce the U.S. budget deficit, its effect was tantamount to a bullet in the chest of the consumer recovery.
Last week the U.S. working class was hit with a significant payroll tax increase, a blow which couldn't have occurred at a worse time. Just as the economic recovery was starting to gain some traction, our elected officials took the proverbial wind out of its sails by raising taxes. A tax increase is the last thing needed when the economic undercurrents are deflationary, as they are now. This measure will eventually beget even more deflation as consumers reign in spending once they see their paychecks diminished courtesy of the U.S. Congress.
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Monday, January 07, 2013
The Stock Markets Final Hours? / Stock-Markets / Stock Markets 2013
By: Anthony_Cherniawski
SPX pulled back from its Friday high, but appears to have an incomplete fractal/wave pattern. In order to confirm the top is in, we must see SPX decline beneath 1449.00. On the other hand, should SPX rise above 1464.00, the probability of another spike higher rises dramatically.
Monday, January 07, 2013
Stock Market Looks Set to Correct into February / Stock-Markets / Stock Markets 2013
By: Andre_Gratian
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. It is probable, however, that the severe correction of 2007-2009 will have curtailed the full downward pressure potential of the 120-yr cycle.
SPX: Intermediate trend - SPX made a top at 1474 and is engaged in an A-B-C intermediate correction. The structure has been altered by the fiscal cliff resolution rally.
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Sunday, January 06, 2013
Stock Market Rally Peak Almost, But Not There Yet / Stock-Markets / Stock Markets 2013
By: WavePatternTraders
Following on from last week's report, we are within striking distance of the Sept 2012 highs on the SPX and ES.
There were many other markets that made impressive moves, the Russell 2000 making new all time highs as did the little followed value line index.
To bullish traders and Elliotticians it should have come as no surprise, if you studied price long enough and remain non-biased and accept what you see, then the upside move was virtually guaranteed, but the bears once again found out the hard way of fighting price and ignoring what price suggested.
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Sunday, January 06, 2013
Stock Market Bearish Wedge Pattern is Now a Triple Zigzag / Stock-Markets / Stock Markets 2013
By: Anthony_Cherniawski
This week’s action has “busted” a couple of chart patterns, so the SPX needed a bit of cleaning up. The major one is that the Bearish Wedge pattern is now a triple zigzag Ending Diagonal tracing the boundaries of Primary Cycle Wave [C]. This suggests that Wave [C] may go higher on Monday. The minimum target appears to be 1475.00. Cycle Top resistance is at 1481.05 and that also corresponds with the upper trendline of the Orthodox Broadening Top shown in the chart.
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Saturday, January 05, 2013
Waiting for the Stock Market To Show its Hand on Next Trend Direction / Stock-Markets / Stock Markets 2013
By: Tony_Pallotta
For the week ending January 4, 2013, the SPX was up 4.6%, the Russell small caps were up 5.6% and the COMP was up 4.9%.
The current equity price action is viewed as a normal retracement prior to resumption of the downtrend, a final battle for direction. Though we may see another slight push higher, probability favors a test of support which is roughly 1440 on SPX, 13250 on the Dow, 850 on the Russell and 3040 on COMP. If support holds, then a sustainable uptrend may be forming. If it cannot hold then resumption of the downtrend is most probable.
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Friday, January 04, 2013
S&P 1470-1474 Area Crucial for Stock Bulls / Stock-Markets / Stock Markets 2013
By: David_Banister
The SP 500 has been in a potential 5 wave rally going all the way back to October 2011 lows of 1074. This type of 5 wave rally is common in a Bull Market, but must be watched closely as it could also signal another large correction just around the corner from current 1464 levels on the SP 500 Index. Once you complete a 5 wave bullish pattern, there is commonly a 3 wave corrective decline, therefore determining where those key pivot points are is crucial for market watchers.
Friday, January 04, 2013
Stock Market VIX Compression Continues... / Stock-Markets / Stock Markets 2013
By: Anthony_Cherniawski
VIX compression continues into its 17th hour of this declining fractal. Whether this compression is artificial or not, there is a natural limit to how long it may last. This may be it, since the pattern also appears complete. We know that the New York Fed is buying ES and SPY and selling VIX. However, as you will soon see, it may be running out of bullets and is making one last desparate stand against asset deflation.
Thursday, January 03, 2013
Stock Market Indices Marching Towards New Bull Market Highs / Stock-Markets / Stock Markets 2013
By: PhilStockWorld
Courtesy of Doug Short writes: Here is a update in response to a standing request from David England, a professor who has developed a popular college level stock market classes at John A. Logan College in Carterville, IL. In his presentations, he likes to disprove the standard message of Wall Street, “Don’t worry! The market will always come back.” I furnished David with some charts, and I now share them with regular visitors to my Advisor Perspectives pages.
Thursday, January 03, 2013
Fiscal Cliff - Republicans Cave....Bill Passed..... / Stock-Markets / Stock Markets 2013
By: Jack_Steiman
The Republicans held a stance that if there are no substantial spending cuts in the plan regarding the fiscal cliff, they would not accept it. It sure looked as if that would hold true as once they received the format from the Democrats, they said there wouldn't be enough of them to vote in favor of it. It looked bad for the market and the bulls as the night drew on. Suddenly, and out of the blue, the Republicans had a change of heart and said that the back drop of the stock market was a main reason for their turn around. Isn't it always! We talk about this all the time. Fed Bernanke always letting our leaders know what's at stake. Enough Republicans suddenly would vote for the passage of the bill as is.
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Wednesday, January 02, 2013
Stock Market Fiscal Pop-N-Drop Warning / Stock-Markets / Stock Markets 2013
By: Chris_Vermeulen
Today’s gap higher in stocks has many investors feeling really good about but will this rally last?
My to the point answer is “Yes” but there will be some bumps and navigating positions along the way.
Looking at the charts below you will notice how stocks are trading up over 4% in two trading sessions and several indicators and technical resistance levels are now being tested. Naturally when several resistance levels across multiple time frames, cycles and indicators we must be open to the idea that stocks could pause or pullback for a few days before continuing higher.
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Wednesday, January 02, 2013
Don't fall for the Stock Market Rally, New Crash Formation is Made / Stock-Markets / Stock Markets 2013
By: Anthony_Cherniawski
Insanity has reached new heights. SPX has risen this morning to challenge its massive Rising Wedge formation at its very apex. At the same time, it has formed a new Orthodox Broadening Top nested within the original formation. There is no doubt in my mind that the markets are headed for disaster.
Wednesday, January 02, 2013
Wild Stock Market Start to 2013 / Stock-Markets / Stock Markets 2013
By: PhilStockWorld
Happy New Year!
And what a way to start it off with our Futures flying up another 1.5% – on top of Monday's 2% gains you might have missed as we celebrate the non-event of the Fiscal Cliff that we kept telling you not to worry about last year (see any post). On Monday morning's Alert, and in our Chat Room, I reminded our Members, as the market tanked, not to be too bearish, saying:
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Tuesday, January 01, 2013
Stock Market Bulls Back in Town? / Stock-Markets / Stock Markets 2013
By: WavePatternTraders
Firstly I want to wish readers and members a happy New Year for 2013 and look forward to making more successful trades with members, even more than we did in 2012 as I think 2013 is going to start out with a bang, and if my long term ideas plan out the way they have so far, then we are going to be seeing some very large swings in both directions. What you saw this past week or so is nothing, I suspect we will be seeing moves like we saw in 2007-2008.Read full article... Read full article...
Sunday, December 30, 2012
Stocks Bear Market Ahead? / Stock-Markets / Stock Markets 2013
By: Tony_Caldaro
The US market opened lower to start the week, continued lower for much of the holiday shortened week, and ended giving back all of last week’s gains. For the week the SPX/DOW -1.9%, and the NDX/NAZ were -2.1%. Asian markets gained 1.8%, European markets lost 0.7%, and the DJ World index lost 0.7%. On the economic front positive reports continued to outnumber negative reports: 7 to 2. On the uptick: Case-Shiller, new/pending home sales, new home prices, the Chicago PMI, the WLEI and weekly jobless claims improved. On the downtick: consumer confidence, and the monetary base. Next week the monthly Payrolls report, ISM and Auto sales. Best your week!