Category: Stocks Bear Market
The analysis published under this category are as follows.Tuesday, March 04, 2008
Stocks on the Brink of a Bear Market / Stock-Markets / Stocks Bear Market
At the end of January, I wrote the article entitled, A Probable Path Revealed . In that article, I suggested that the January23 rd low was just the ending of wave (i) of C. After a brief rally, I expected waves (iii), (iv) and (v) to proceed. Well, the rally wasn't brief. But it appears that wave (ii) is now complete. Rather that using Elliott Wave, I have been keeping a chart of the DJIA with the head-and-shoulders neckline (red), the trendline of the advance from March 2003 and the Fibonacci retracements. They tell a compelling story at a glance.Read full article... Read full article...
Thursday, February 21, 2008
Interest Rate Cut Cycles Correlate with Negative Stock Market Returns / Stock-Markets / Stocks Bear Market
Don't Bet the Farm on Rate Cuts! - The black hole consisting of record consumer debt ($2.52 trillion), falling asset prices, elevated inflation and weakening job and income growth is pulling us inexorably towards recession. As a result, the cacophony for yet more rate cuts has now become deafening. These rate cuts are anticipated to cure all of our ills, from the credit crisis to the Ebola virus. But will the lower interest rates really solve the banking crisis and turn the equity markets around in short order? I thought it would be informative to look at the last two interest rate cycles and compare them to the performance of the equity market.Read full article... Read full article...
Monday, February 18, 2008
Stock Market Bulls on the Defensive and Gasping for Air / Stock-Markets / Stocks Bear Market
BULLS FUMBLE - First-Down - BEARS - The near 20% decline from peak to trough in the October 2007 - January 2008 period, marked a potentially devastating turnover for Bulls. After throwing a near interception back in August, Bulls held steady, recovered, then fumbled critically at the October ‘07 highs.
Bears handily took possession thereafter, and have scored an undeniable first-down with the lows hit in January. Despite the aid of statist intervention along with surety of more where that came from, the Bullish contingent finds itself in the very rare and awkward position of playing defense.
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Saturday, February 16, 2008
Primary Stocks Bear Market Crunch Time! / Stock-Markets / Stocks Bear Market
The monthly chart below (courtesy bigcharts.com ) is showing that the Nasdaq needs to bounce up from here to avoid breaking down.Read full article... Read full article...
Tuesday, February 12, 2008
A Primary Stocks Bear Market / Stock-Markets / Stocks Bear Market
Despite many conflicting signals from many different quarters, this analyst believes we have entered a Primary Bear Market for Industrial Equities.
A major source of confusion has been that the internet facilitates instantaneous dissemination of information. For that reason, the daily charts, whilst interesting, cannot be relied upon. They can be expected to give conflicting signals as the emotions ebb and flow with daily news.
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Thursday, January 31, 2008
US Interest Rate Cut Bombs! Fed Trapped Between Rock and a Hard Place! / Stock-Markets / Stocks Bear Market
Martin Weiss writes: Bernanke's half-point rate cut this afternoon initially gave the stock market a quick shot in the arm.
But then the Dow turned right around, gave back every penny of its gains, and ended the day DOWN 37 points!
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Monday, January 28, 2008
Stocks in a Bear Market! / Stock-Markets / Stocks Bear Market
Last week we talked about how the US stock market's recent bearish action had spread worldwide .Today we're going to take a look at where the US markets currently stand, and give you a quick overview of why we think US stocks have entered a bear market.
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Sunday, January 27, 2008
Stock Market in the Early Stages of a Bear Market / Stock-Markets / Stocks Bear Market
The good news is: · In the past week new lows dried up on both the NYSE and OTC this implies downside risk will be limited for the next several weeks.
Short Term
Last Tuesday there were 1114 new lows on the NYSE and 877 on the NASDAQ, some of the highest numbers ever recorded. On Friday, a down day, there were 35 new lows on the NYSE and 68 on the NASDAQ. The extremely high numbers on Tuesday imply the bear market is not over while the rapid reduction of new lows implies downside risk will be limited for the next few weeks or months.