Category: Financial Crash
The analysis published under this category are as follows.
Sunday, October 12, 2008
Stock Market Crash Bloodbath Frustration / Stock-Markets / Financial Crash
By: Prieur_du_Plessis
I have been away from the trading desk, and the stock market's bloodbath, during the past few days as I am on a business visit in Geneva. Just as well, but I can nevertheless associate with the frustration of the trader in the animated image (hat tip: Rob Fraim). Read full article... Read full article...
Sunday, October 12, 2008
How We Called the Stock Market Crash of 2008 / Stock-Markets / Financial Crash
By: Robert_McHugh_PhD
We wrote in our September 12th, weekend newsletter, page 7, “September 29th could be a kickoff to a devastating stock market crash.” That has proven true to the precise day, the Industrials crashing 3,260 points, or 29 percent since September 29th. But, how did we know? Read full article... Read full article...
Saturday, October 11, 2008
Stock Market Capitulation Low? / Stock-Markets / Financial Crash
By: Mike_Paulenoff
The most salient aspect of the weekly chart of the S&P 500 is that despite
the fact that the index closed 60 points off of Friday's low, the index at
899.22 also closed 198 points from the week's high, which means that the net
result of this week is downside continuation. Although I would not be
surprised to see the SPX climb to 960-1000 sooner than later, I also think
that another loop down to 839 must take place thereafter.
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Saturday, October 11, 2008
Stock Market Crash Chart Price Pattern / Stock-Markets / Financial Crash
By: Anthony_Cherniawski
“I set a watchman over you, saying, ‘Give heed to the sound of the trumpet!' But they said, ‘We will not give heed!' Therefore hear, O nations, and know, O congregation, what will happen to them. Hear O earth; behold, I am bringing evil upon this people, the fruit of their devices , because they have not given heed to my words; and as for my law, they have rejected it.”Jeremiah 6:17 Read full article... Read full article...
Saturday, October 11, 2008
Financial Crash and TV Media Machines Perpetual Buy Recommendations / Stock-Markets / Financial Crash
By: Mike_Stathis
Maybe there's a good reason why CNBC has a show called Fast Money. If you follow the advice of these guys, your money is likely to evaporate very fast. Likewise, I'm beginning to see why Cramer's show is called Mad Money. You're likely to get mad if you follow his advice. Or maybe you have to be a mad man to watch it. Read full article... Read full article...
Saturday, October 11, 2008
Anatomy of Financial and Economic Disaster -Part2 / Stock-Markets / Financial Crash
By: Andy_Sutton
Last week we looked at some historical milestones as we compared the events leading up to the Great Depression to what we're seeing now. While apples to apples comparisons are problematic due to vast differences in the way economic statistics are measured and reported, it is a much more simple matter to see the big picture. This week, we take a look at things from a monetary perspective. Read full article... Read full article...
Saturday, October 11, 2008
Dow Jones Reverses 860 Points Higher in 40 Minutes, but Still Closes Lower / Stock-Markets / Financial Crash
By: Harry_Boxer
Another historical day and probably one of the most volatile days I've ever seen, including a late historical rally as well.Read full article... Read full article...
Saturday, October 11, 2008
G7 Financial Crisis Meeting Geopolitics / Politics / Financial Crash
By: STRATFOR
The finance ministers of the G-7 countries are meeting in Washington. The first announcements on the meetings will come this weekend. It is not too extreme to say that the outcome of these meetings could redefine how the financial markets work, certainly for months and perhaps for a generation. The Americans are arguing that the regime of intervention and bailouts be allowed to continue. Others, like the British, are arguing for what in effect would be the nationalization of financial markets on a global scale. It is not clear what will be decided, but it is clear that this meeting matters. Read full article... Read full article...
Friday, October 10, 2008
Stock Market Bottom, Are We There Yet? / Stock-Markets / Financial Crash
By: Dr_Janice_Dorn
These are unprecedented times. The markets are showing their true animal nature because they are trading on emotions, rather than on technicals or fundamentals. Read full article... Read full article...
Friday, October 10, 2008
1929 Style Financial Markets Panic: The De-leveraging Margin Debt / Stock-Markets / Financial Crash
By: Marty_Chenard
Panic levels are reaching levels not seen since 1929. We are now in the 3rd. Phase of a de-leveraging process.
Some of you may remember the NYSE Margin chart I posted in late 2007. Basically, it showed that 2007 margin levels were starting to drop from an "extreme" level. Historically, every time we have reached extreme margin levels, they always got unwound . That is where we are now, in an accelerating Phase 3.
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Friday, October 10, 2008
Central Banks Panic as Bailouts Fail to Halt Stock Market Crash / Stock-Markets / Financial Crash
By: Mike_Shedlock
The global economic dam has now cracked wide open. Water is pouring everywhere. The bursting of the dam is a fitting tribute to Paulson's and Bush's $700 billion boondoggle to add liquidity to banks. The public was overwhelmingly against the plan (and rightly so) as were close to 200 economists. Paulson, Bush, Trichet, and Brown all goaded Congress to waste $700 billion of taxpayer money on grounds there would be a global meltdown if the plan was not passed. Congress had it right the first time. The $700 billion bailout helped bust the dam.
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Thursday, October 09, 2008
Dow Jones PANIC Selling Crash of 7.3% Worst Since 1987 / Stock-Markets / Financial Crash
By: Nadeem_Walayat
The Dow Jones led Global stock markets into a continuing to crash as there is no end in sight to the panic selling which today was sparked by the failure of the LIBOR interbank rate to respond to Wednesday unprecedented co-ordinated interest rate cuts by the U.S. Fed, Bank of England and the European Central Bank (ECB), in conjunction with extra liquidity and in Britain's case a bank bailout package that could total as much as £500 billion or 41% of GDP which is on par with the amounts as a percentage of GDP the United States required to recover from the 1930's Great Depression. Read full article... Read full article...
Thursday, October 09, 2008
Stock Markets Crash as LIBOR Fails to Respond to Rate Cuts / Stock-Markets / Financial Crash
By: Money_Morning
Jennifer Yousfi writes: Global markets had deep sell-offs as short-term credit markets remained tight, with the three-month lending rate for banks hitting a yearly high.
The London Interbank Offered Rate (LIBOR) for three-month dollar-denominated loans hit 4.75%, its highest rate so far this year. The LIBOR rate for overnight lending dropped, to 5.09%, but still remains well above the Federal Funds target rate of 1.5%.
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Thursday, October 09, 2008
Financial Safety During Financial Crisis and Stocks Bear Market / Personal_Finance / Financial Crash
By: Christopher_Laird
Since so many of the financial community talk endlessly about where to invest, it always seems good to focus on the issue of financial safety. In my view, way to much emphasis is given to getting investing ideas, and little to how to keep what you have. Lots of people get caught in that.
It doesn't help that the financial media, like CNBC is always saying ‘how can you play this' or where would you invest in this situation. There certainly is nothing wrong with that, and surely CNBC wants to be relevant and useful to their massive world audience. But, aren't there times where the clearest strategy is what NOT to do?
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Thursday, October 09, 2008
NYSE Extreme New Lows Amidst Panic Stock Market Selling / Stock-Markets / Financial Crash
By: Marty_Chenard
Which index is now 101.3% higher than the highest reading during the last Bear Market?
The answer is the New Lows on the New York Stock Exchange. The highest level of new Lows was 912 in 2002. Yesterday, the New Lows reached an unprecedented level of 1836. This is a clear sign of panic selling with NO buyers interested in perceived bargains.
Thursday, October 09, 2008
Stock Market Tickertape Death March towards Financial Collapse / Stock-Markets / Financial Crash
By: Jim_Willie_CB
Pardon the jumpy style, not burdened by depth, preferring breadth instead. The events of the last few days continue to be remarkable, alarming, chaotic, surreal, and desperate. The globe is slowly realizing that the United States is careening toward a probable financial death experience. Nothing has worked to date, and nothing will work in the present, not bailouts, not liquidations, not nationalizations, not papered over fraud, and surely rate cuts. The stark reality contains a blur of a massive locomotive derailed, having run over the mountain ledge, heading downward in a freefall, subjected to the force of gravity, and ripping through a gigantic erected paper net designed to halt its crash. Read full article... Read full article...
Wednesday, October 08, 2008
Financial Crisis 2008 Similar to 1987 Stock Market Crash / Stock-Markets / Financial Crash
By: Doug_Wakefield
It's been almost five years since my oldest son and I produced a 45 minute film to see what could be learned from studying the history of certain monetary trends that have been unfolding for decades. And, in our July 2007 newsletter, when I told our readers that we appeared to be at the beginning of a worldwide credit contraction, I quoted from President Franklin Roosevelt's May 7th , 1933 fireside radio chat to the nation. Read full article... Read full article...
Wednesday, October 08, 2008
Stock Market Crash- Where's the Bottom? / Stock-Markets / Financial Crash
By: Weekly_Wizards
Our Wizards Harry Boxer, Mike Paulenoff and Jack Steiman weigh in this week on the direction of the markets.
According to Boxer, author of The Technical Trader : We are in a critical mode in the market. From mid-August to early October, literally only 6 weeks, that's all it's taken for the NDX to go from 1973 down to 1329, nearly 650 points, or about a third of its value, culminating with a spike down into what looks like perhaps very close to an important major low. We'll see if that occurs. There are very difficult fundamentals right now in the economy and we're not getting any good news. But we are stretched to the downside way more than we'd expect, and the oscillators, the VIX/VIXN and many other technical indicators I follow are at multiyear, if not historical, levels.
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Monday, October 06, 2008
European Government's Panic Triggers Stock Market Crash / Stock-Markets / Financial Crash
By: Nadeem_Walayat
Black Monday ended with European stock markets down by between 7% and 9%, wiping out more than $2 trillion from global market capitalisation as markets collapsed in response to the disunified panic moves by individual european governments to guarantee all deposits at 100% which is contrary to the outcome of the weekend crisis meeting of European leaders that's only significant result was for a £12billion package of loans for small businesses. Read full article... Read full article...
Monday, October 06, 2008
Stock Market Rebounds from Crash Low Amidst Extreme Volatility / Stock-Markets / Financial Crash
By: Harry_Boxer
The markets had another historic day today with extreme volatility both up and down, mostly to the downside early. The indices opened sharply lower on a gap-down and slid hard, had a sharp morning bounce that took the NDX from 1358 back to 1406 , nearly a 50-point rally. At the same point the SPX went from 1027 to 1056, but they were unable to sustain. Read full article... Read full article...