Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Monday, October 18, 2010
Stocks Stealth Bull Market Dow Trend Forecast into Jan 2011 / Stock-Markets / Stocks Bull Market
This analysis seeks to generate a trend forecast for the stocks stealth bull market into at January 2011, which follows on from the end of the Summer 2010 correction that began with the May 6th Flash Crash and ended during Septembers rally, leaving the Dow tantalisingly close to making a new bull market high, with the last close of 11,063 just 1.2% away from the closing high of 11,205 of 26th April 2010.
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Sunday, October 17, 2010
Stock Market Disquieting Underlying Technical Deterioration / Stock-Markets / Stock Markets 2010
Here's the lowdown on last week's action from Marketedge: “Stocks continued to march higher last week as both the DJIA and the NASDAQ posted modest gains for the period.… The technical condition of the market was mixed last week as the CTI lost a couple of points, there was considerable deterioration in the Strength Indexes but the Momentum Index remained strong." Translation: The upward trend remains intact but there's some disquieting underlying technical deterioration that we must take note of.
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Sunday, October 17, 2010
Quantitative Easing 2 is a Bad Idea, Market Manipulators Pushing Stocks Higher / Stock-Markets / Quantitative Easing
Friday's internals were weak, in spite of being a mixed market. The NASDAQ 100 had a huge price move up, but a significant chunk of the price gain came from one stock, Google. Google rose $60.52 per share, or 11.10 percent, in one day, Friday. Google is one of those stocks that a market manipulator can buy to move an index in the hopes it starts bandwagon buying. During the 2003 and 2006 rallies, we saw MMM move the Industrials with bizarre isolated rising price days. At the time, it appeared to us a market manipulator was moving the Industrials higher with 3M purchases. From time to time we see concerted efforts to push markets higher. Now is one of those times. But each time this happens, it causes the subsequent decline to be worse than would otherwise have been the case, like stretching a rubber band too far.
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Sunday, October 17, 2010
Tale of Two Stock Markets, as Nasdaq Soars / Stock-Markets / Stock Markets 2010
The stock market had a very interesting session Friday as the indices gapped up at the opening, sold off very sharply early on, but held support, and then came on with a bang, especially on the Nasdaq 100, which caused mid-session to consolidate and then exploded into the close, to close at the high for the day going away.
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Saturday, October 16, 2010
Is the Fed Boosting the Stock Markets? The Numbers Don't Lie... / Stock-Markets / Market Manipulation
Jason Goepfert writes: Anyone who's read my SentimenTrader advisory over the past nine years knows I'm not a conspiracy theorist.
Out of the approximately 2,500 comments I've posted, I've alluded to market manipulation probably fewer than half a dozen times.
Saturday, October 16, 2010
Stocks Bull Market Rolls Along, Long-term Elliott Wave Analysis / Stock-Markets / Stocks Bull Market
After a quiet beginning the market again moved to new uptrend highs this week. Economic reports were mostly positive with only four indicators worsening or weak, and thirteen steady or improving. On the negative side; weekly jobless claims increased as did the trade deficit, consumer sentiment and the monetary base declined. On the plus side; weekly mortgage applications increased along with retail sales, the NY FED, the WLEI and the M1 multiplier. Holding steady or improving; export/import prices, the CPI/PPI and business inventories. The budget deficit was also less negative. For the week the SPX/DOW were +0.75%, and the NDX/NAZ were +3.15%. Asian markets gained 2.2%, European markets were +1.7%, and the Commodity equity group was +1.0%. Bonds were -0.9%, Crude lost 1.5%, Gold gained 1.6%, and the USD lost 0.2%. Housing, industrial production and the FED’s beige book highlight the upcoming week.
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Saturday, October 16, 2010
Financial's Break.... Stock Market Holds.... / Stock-Markets / Stock Markets 2010
We have a bear market within a bull market. Unusual but true. The financial sector is in a bear market again as it loses all its critical moving averages. Some stocks in the sector are outright scary such as Capital One Financial Corp. (COF), Bank of America Corporation (BAC), Wells Fargo & Company (WFC), and JPMorgan Chase & Co. (JPM), to name just a few. Take a look at those daily charts if you want to have fear put in to your head. Nasty breakdowns everywhere today in that world of stocks, and on huge volume to confirm those price breakdowns.
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Saturday, October 16, 2010
Stock Market Bubble and Gold Stalls at New High / Stock-Markets / Financial Markets 2010
Consumer Prices in U.S. Rise 0.1% in September
(Bloomberg) The cost of living in the U.S. rose less than forecast in September, indicating companies are keeping a lid on price increases to stoke demand.
The consumer-price index rose 0.1 percent after 0.3 percent gains in the prior two months, figures from the Labor Department showed today in Washington. Economists projected a 0.2 percent gain, according to the median forecast in a Bloomberg News survey. Excluding volatile food and fuel costs, the so-called core rate was unchanged for a second month.
Friday, October 15, 2010
Too Much Bullish Stock Market Sentiment? / Stock-Markets / Stock Markets 2010
The modern Fed has quite a history of blowing bubbles, and doing so even when it seems to be aware of what it’s doing.
Remember the dotcom bubble in 1999, and the stock market bubble in 2000?
In 1998, Fed Chairman Greenspan had already warned of ‘irrational exuberance’ in the stock market a year or two before. But the market had continued to rise into extreme overvalued levels by historical standards of price/earnings ratios and the like.
Friday, October 15, 2010
Hyperinflation Multi-Trillionaires and Commodity Bubbles / Stock-Markets / HyperInflation
Is it time to throw fundamentals out the window?The boy from Zimbabwe is a multi-Trillionaire and those Trillions should be just enough to buy him a loaf of bread if he hurries to the store before they change the prices this morning. This is what is happening to our own economy, only on a smaller scale (so far). Our government, like Zimbabwe, has gotten into so much debt that they can never hope to repay it but new bills keep coming in every day so - What is a government to do?
Friday, October 15, 2010
Will China Stock Market Lead S&P 500 Higher? / Stock-Markets / Stock Markets 2010
Let's have a look at our comparison chart between the Shanghai Composite and S&P 500, as we examine whether the SPX will continue to follow China higher.
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Friday, October 15, 2010
Gold and Silver Best Protection Against the $100 Trillion Bailout / Stock-Markets / Credit Crisis Bailouts
“Remember How We Saved the Banks So They Would Keep Lending to The ‘Real Economy’”? - Henry Blodgett, Business Insider, 6/2/10
“If you've never heard of a "Cram Down", you are about to get a first hand lesson on the receiving end of the biggest one in history…
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Friday, October 15, 2010
U.S. Dollar Makes New Lows, Inflation Unplugged / Stock-Markets / Financial Markets 2010
The dollar is making new lows.
As I’ve been saying all week(s) that is the story that is driving the market. Still people interview me and ask me how high I think the markets can go which is kind of silly because, as I keep trying to explain, the markets aren’t going anywhere, the only variable is the currency they are priced in. Why do people not get this? Why do financial writers not get this? Why do TA guys not get this? Why does nobody talk about this in the MSM?
Friday, October 15, 2010
Stock Markets Waiting On Helicopter Ben / Stock-Markets / Stock Markets 2010
U.S. stocks declined Thursday, dragging benchmark indexes down from five month highs, as financial companies slumped amid concern over growing legal scrutiny of home foreclosure practices. Bank of America, Citigroup and Wells Fargo slid more than 4 percent to lead financial stocks in the Standard & Poor’s 500 Index to a 1.8 percent drop. Apollo Group Inc. sparked a plunge in education stocks after withdrawing its forecast for fiscal 2011. Yahoo! gained 4.5 percent and EMC Corp. rose 4.5 percent on reports they may be takeover targets.
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Friday, October 15, 2010
How to Hedge Yourself from the Coming Fed Inflation Disaster / Stock-Markets / Inflation
Porter Stansberry & Braden Copeland write: Most investors know the Federal Reserve's "easy money" policy is creating an enormous amount of new credit and new money.
And most people know this policy has created an explosion in the prices of gold and silver.
Friday, October 15, 2010
The Chinese, Thai, US Bond Markets, and the Equity Markets – Two Ships Passing in the Night? / Stock-Markets / Stock Markets 2010
Summary: Since the market stock market crash in 2008 small investors have fled equities seeking the safety and stability of bonds. Two years later bond yields are at unheard of levels while equity yields on blue chips stand at levels not seen in decades. Investors would be best served heeding the warning signs and allocating cash to high quality blue chips.
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Friday, October 15, 2010
Last-Hour Rally Pares Stock Market Losses, and Google Leads Market Higher in Afterhours / Stock-Markets / Stock Markets 2010
The stock market indices suffered losses today, but a last hour sharp rally back brought them back from much deeper losses and closed down nearly unchanged today.
The day started out with a move down. The indices then bounced, made lower lows, and then had the best rally of the day until the last hour in the morning, reaching the highs for the session at about 10:30. They then stair-stepped their way lower all day, reaching the lows with about an hour to go at 2043.70 on the Nasdaq 100, but rallied 11 points on the NDX in the last hour. The S&P 500 rallied almost 7 points to close right at resistance.
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Thursday, October 14, 2010
Can the U.S. Dollar Drop Fast Enough to Keep the Stock Market Up? / Stock-Markets / Stock Markets 2010
Wheeee - this is fun!
The dollar dropped to 76.5 this morning and that gave us a nice pop in the futures which is fading now (8am) as we move towards our 8:30 Trade Report along with the PPI and, of course, the usual 450,000 weekly pink slips handed out to the few remaining US workers (135M and dropping almost as fast as the value of the dollar).
Thursday, October 14, 2010
Rise in Jobless Claims Takes Shine Off of Stocks / Stock-Markets / Stock Markets 2010
The QE trade is alive and well and risk assets are firing on all cylinders. Gains in stocks and commodities, in particular, are now accelerating. It seemed to me that QE2 talk would prove bullish for risk assets. And the lack of a cooperative stance within the G20 on currency matters – as the IMF meetings over the weekend showed – is now adding fuel to the fire.
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Thursday, October 14, 2010
Stock Market More Signs of Strength Ahead of Q4 / Stock-Markets / Stock Markets 2010
The CBOE Volatility Index is a very reliable gauge of risk on the S&P 500. Traders continually adjust their option positions according to market and economic conditions. This is reflected in the movement of the VIX. The best method of interpreting this index is through historic band ranges. Particular market conditions have a corresponding VIX reading. For example, during prolonged calm advancing markets (ie 2003 to 2007), the VIX registers about 18 or lower. As the equity markets decline or economic worries grip investors, the VIX displays levels in the 18 to 33 range (ie early 2008, part of 2009 and 2010). During brief periods of extreme concern (late 2008 and early 2009), the Volatility Index leaps to over 33.
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