Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Tuesday, June 22, 2010
European Stocks Trade Lower as Familiar Concerns Return / Stock-Markets / Stock Markets 2010
China’s de-peg from the Dollar over the weekend initially gave risk assets a shot in the arm Monday. But on closer examination the markets were seriously underwhelmed. Investors will want to see more evidence that China’s FX policy is taking a true turn rather than just a tactical ploy to get the G20 off their back and stop being called a currency manipulator in the US . Disappointing stock market action in late US hours suggested that China has provided too few details so far.
Read full article... Read full article...
Tuesday, June 22, 2010
China will allow Yuan to appreciate... / Stock-Markets / Financial Markets 2010
Trade Recommendations:Take no action. Read full article... Read full article...
Tuesday, June 22, 2010
Five Financial Crisis Disasters Ahead / Stock-Markets / Financial Markets 2010
David Galland, Managing Director, Casey Research writes: Back when I had more time, I would occasionally play Oblivion, a video game. A game so addictive, it's been known to contribute to flunking out of colleges and the failure of marriages.
When persevering in a sword fight, your computerized opponents were prone to angrily muttering the phrase "Why won't you die, damn it!"
Read full article... Read full article...
Tuesday, June 22, 2010
Stock Market Nasty Reversal! / Stock-Markets / Stock Markets 2010
The stock market indices suffered a very nasty reversal for Monday and closed not far off the session lows. Only a last 15-minute snapback rally brought the indices off the afternoon spike lows.
Read full article... Read full article...
Tuesday, June 22, 2010
Stock Market Failure At The 50's.... / Stock-Markets / Stock Markets 2010
And a nice head fake it was indeed. The Yuan news from overnight out of China got the futures rocking much higher than that news seemed to be worthy of, but hey, who is to argue with good futures when you're long on the market. The futures held all night and right up until the bell rang to open trading for the day. Once we gapped up the show was over for the bulls. A nice huge breach above that 50-day exponential moving average at S&P 500 1119. Sweet indeed, but if you looked at the daily charts such as I did, there was a major red flag sitting there in the form of extremely overbought stochastic's. Reading in the upper 90's is not where markets usually continue to rise from.
Read full article... Read full article...
Monday, June 21, 2010
Summer Sun Beats Down on Wall Street / Stock-Markets / Stock Markets 2010
One good day in the equity markets covered an otherwise listless week as investors get a jump-start on the summer doldrums. While exciting, the 200+ point Dow rally did push the averages above some critical overhead resistance that needs to hold in the coming weeks to be genuinely an important change in psychology. The drama for the week was putting the CEO of BP in front on Congress to explain the company’s response to the spill.
Read full article... Read full article...
Monday, June 21, 2010
A Classic Stock Market “Fade The Gap” Day / Stock-Markets / Stock Markets 2010
“What’s so special about 1130? It’s downtrendline resistance and a 50% fibonacci level”
One look at the SPX chart below tells the story, all in a news driven pop based upon the Yuan.
Read full article... Read full article...
Monday, June 21, 2010
Monday Stock Market Monetary Mark-Up - China Floats the World! / Stock-Markets / Stock Markets 2010
I did not see this coming!
We have a major bump in the futures and I’m trying to decide if it’s deserved just because China says they will float the Yuan. Asia came on like gangbusters on the news and Japan was, of course, super thrilled that one of their biggest customers was going to have more buying power (in theory) as were the other Asian countries that export to China.
Monday, June 21, 2010
Must Watch Stock and Commodity Market Signals / Stock-Markets / Financial Markets 2010
A couple times a year I like to give you what I call my roadmaps of the markets. They are charts based on actual signals from my computer models.
I watch these signals very closely because they tell me when a fork … speed bump … or U-turn is coming in the markets. They are critical signals, and they should not be ignored.
Read full article... Read full article...
Monday, June 21, 2010
China; Equities More Flexible Friend / Stock-Markets / Stock Markets 2010
On Saturday, the Chinese central bank the PBoC issued a statement on exchange rate policy which has moved the goalposts & spawned today’s rally. In essence what the announcement boiled down to is an equity abandonment of the 2 year old peg to the Dollar and the resumption of exchange rate reform through a more flexible approach to the yuan by letting it gradually appreciate in a managed manner rather than a once off big bang revaluation. Global equities are rallying hard today on the prospect that any Chinese yuan appreciation will tame inflation and reduce the need for interest-rate increases.
Read full article... Read full article...
Monday, June 21, 2010
Quadruple Witching and Dividends... / Stock-Markets / Stock Markets 2010
Trade Recommendations: Take no action.
Daily Trend Indications:
Read full article... Read full article...
Monday, June 21, 2010
Four Factors to Consider Before Determining Your View on Stocks / Stock-Markets / Stock Markets 2010
Jon D. Markman writes: Stocks rose worldwide over the past week -- ranging from +2% in U.S. big caps to +6% in gold -- as investors swelled with sudden courage in response to positive reports on Chinese economy and glimmers of hope that European governments can get their financial houses in order.
The week's results erased four weeks of losses, including the despairing session that ensued on June 7 after a disappointing report on U.S. employment. Meanwhile, the result of the past 35 trading days, or seven calendar weeks, are still largely negative, ranging from a loss of 5.5% for U.S. stocks and -8.5% for Europe. Only gold stocks have eluded the smoke monster, rising 7% in the span.
Read full article... Read full article...
Monday, June 21, 2010
Right Time to Buy the S&P Stock Market Index? / Stock-Markets / Stock Markets 2010
The S&P500 along with other global equity markets has suffered a deep correction over recent months which erased all the gains made from the beginning of February this year.
The sell-off was driven by the spread of the Sovereign debt crisis, which began as a local Greek problem, but expanded to engulf the entire Euro zone, with traders fearing the global economy could be at risk through contagion.
Read full article... Read full article...
Sunday, June 20, 2010
Stock Market Turning Points / Stock-Markets / Stock Markets 2010
Current Position of the Market
Very Long-term trend - Down! The very-long-term cycles are down and if they make their lows when expected, the bear market which started in October 2007 should continue until about 2014-2015.
SPX: Long-term trend - Up! We are in a medium-term bull market, which is a corrective move within a long term bear market. This bull market should last until 2011
Read full article... Read full article...
Sunday, June 20, 2010
Stock Market Resolves to Break Higher Leaving Bears in a State of Confusion / Stock-Markets / Financial Markets 2010
An early Monday stocks rally to just above Dow 10,300 concluded in a downtrend into the close to 10,200. The Dow opened up Tuesday, with the trend continuing higher into the end of the week with the Dow closing up 239 at 10,450 (10,211), which built on the preceding weeks 279 points advance.
Read full article... Read full article...
Sunday, June 20, 2010
Dow, Gold and Crude Oil Breaking Out or Just Bouncing? / Stock-Markets / Financial Markets 2010
Over the years we have seen the stock market make some pretty exciting moves for share holders. This year alone there have been some interesting events unfold causing wild market swings which most of us did not think could happen. Things like countries going bankrupt and the May flash crash. Also the BP Oil well leak which looks as though its about to kill not only businesses around the world but a large population of animals and fish which our planet will never be able to get back… It’s been a crazy year!
Read full article... Read full article...
Sunday, June 20, 2010
Stocks Bear Market Do or Die Time, Gold Caution / Stock-Markets / Financial Markets 2010
FDIC Friday anticipates a Summer break. - The FDIC Failed Bank List announced only one new bank closure this week. Has the FDIC run out of money again? Their trouble bank list is well over 300, so they should be busier than this.
Read full article... Read full article...
Sunday, June 20, 2010
Signs of Stock Market Concern in the Economic Recovery Process / Stock-Markets / Stock Markets 2010
Economic recoveries generally take a fairly standard pattern. The stock market usually bottoms 4 to 8 months before the low in the business cycle. Risk levels that are associated with the final days of the bear market ease. Expanding Gross Domestic Product (GDP) gradually develops and improves. Rising unemployment numbers stabilize and begin to decline. Early advancing industrial groups, such as consumer discretionaries, transportation and technology start to strengthen and outperform. And central banks slowly increase short-term interest rates to keep the fledgling economy in-check. However, when specific signs of weakness remain after over a year of economic expansion, investors should take note.
Read full article... Read full article...
Sunday, June 20, 2010
Robert Prechter Stocks Bear Market Long Down Wave / Stock-Markets / Stocks Bear Market
Robert Prechter discussed the recent global sell-off that has sent all major U.S. averages 10% below their 2010 highs with Yahoo! Finance Tech Ticker host Aaron Task. Prechter says that the current climate shows that "we're in a wave of recognition" where the fundamentals are catching up to the technicals and that it's time to prepare for a "long way down."
Read full article... Read full article...
Sunday, June 20, 2010
Stock Market Possible Nascent Bullish Uptrend / Stock-Markets / Stock Markets 2010
This is another tough week for me. On the one hand, two of my favorite sources for handicapping the market trend -- Market Edge and Investors Business Daily -- support the existence of a new bullish uptrend in the market based primarily on technical indicators.
Read full article... Read full article...