Category: Financial Markets 2009
The analysis published under this category are as follows.
Friday, June 26, 2009
Stock Markets Surreal Trading Day / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
A bizarre whacko day that will be remembered more for the passing of the brilliant boy who never quiet grew up, the iconic M.J. and the former darling of the bedroom 1970’s walls, the angelic Farah Fawcett. In the markets the S&P had a surreal day, surging over 2% on no real news or catalyst. Indeed what data we got to digest was disappointing (particularly the renewed rise in the weekly jobless claims).
Thursday, June 25, 2009
Status Quo Fed FOMC Meeting Disappoints The Stock Market / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
Not much to report from the trenches where traders were a tad bemused by the more confident but still diligent Fed FoMC statement. While there was comfort from the assurances that deflation was no longer seen as a major threat and they intend to keep rates close to zero for an extended period of time, there was some surprise at no hint at an exit strategy or any thought of buying more bonds to keep a lid on mortgage rates (which had been on a sharp upward drift of late).
Thursday, June 25, 2009
Honest Money Gold & Silver Report - Market Wrap / Stock-Markets / Financial Markets 2009
By: Douglas_V._Gnazzo
State of the Nation
From 2005 to 2009, the U.S. debt has increased $14 trillion dollars, while GDP went up a bit less than $2 trillion. It now takes over $7 dollars of new debt to “create” $1 of GDP “growth”. In 2006 the ratio was less than $5 dollars. Soon, it will be double that amount.
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Wednesday, June 24, 2009
Stock Market Flat Ahead Of The Fed Interest Rate Decision / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
Investors paused for breath yesterday before the FOMC meeting announcement tonight at 19.15. Volumes remained low with traders uncertain how the meeting would impact monetary policy down the road. The questions that have to be answered are 1) will the Fed commit to keeping policy loose over an extended period, and 2) if so, will investors be heartened by the expected continuous flood of cash, or will they begin to be concerned over inflation. For equities, this seems like a no-win situation.
Tuesday, June 23, 2009
When Economic Green Shoots Are Dandelions / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
Stocks haven’t seen one of those Boomtown Rats Monday routs for quite a while, breaching the key 50 day and 200 day moving averages around the 900 level on the S&P 500 yesterday. Risky assets of every persuasion sold off on Monday and the more cyclical the asset, the weaker the performance. US equities saw notable weakness across energy, financials and basic materials. Commodities were part of the lead here, with energy hardest hit.
Monday, June 22, 2009
Financial Markets Are like a Soap Opera / Stock-Markets / Financial Markets 2009
By: Paul_J_Nolte
The financial markets are beginning to resemble a soap opera rather than the economic landscape. The daily drama of early losses, wiped out by the end of the day or the breathless rise in oil prices or even the on again, off again love affair with the dollar or gold (you pick!). But too, like a soap opera, you can walk away for a couple of weeks and pick up right where you left off, never feeling as though you missed much.
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Monday, June 22, 2009
Stock Markets Ended Last Week With A Whimper / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
Markets started last week on the back foot, with most major indices off the pace for the first three days. Later in the week, strong performances from the financial sector helped markets trim the losses. All major equity indices bar the Shanghai Composite were off as doubts about those elusive much hyped but little seen green shoots resurfaced. The FTSE 100 finished down 2.79% on the week at 4335, while the Dow Jones finished down 2.97% at 8530. In Europe, the DAX lost 5.13% to end the week at 4825.
Sunday, June 21, 2009
Stock & Commodities Markets Profit Taking After Strong 3 Month Advances / Stock-Markets / Financial Markets 2009
By: Prieur_du_Plessis
Caution last week crept back into investors' vocabulary for the first time in more than three months as they faced up to President Barack Obama's plan to reform the US financial market regulations, weighed the prospects of a global economic recovery and whether the "green shoots" needed more monetary water, and also started pondering the second-quarter earnings season.
Saturday, June 20, 2009
Stock Market Summer Crash or Consolidation? / News_Letter / Financial Markets 2009
By: NewsLetter
The Market Oracle Newsletter
June 20th, 2009 Issue #47 Vol. 3
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Friday, June 19, 2009
Another Damp Squib Day For Stocks / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
Yesterday was one of those hard to write about, rudderless days with pathetic volume. The only notable trend was the continued move into Healthcare, as Senator Kennedy’s health care reform bill looks dead in the water, and Utilities, as a more cautious tone prevailed. Economic news was decidedly mixed, with the Philly Fed Index and Leading Indicators providing upside surprises but the Weekly Jobless and Continuing Claims Jobs numbers continued to be worrisomely high. After the bell, BlackBerry maker Research in Motion report some underwhelming numbers which may pressure the Nasdaq and Dax at the open.
Friday, June 19, 2009
Companies Flooding Stock Markets With New Shares to Drive Stocks Lower Over Summer / Stock-Markets / Financial Markets 2009
By: Anthony_Cherniawski
Mark Hulbert says, “Notwithstanding the carnage the stock market suffered between October 2007 and March of this year -- the worst since the Great Depression -- corporations' share issuance departments are partying like it's 1999. In fact, firms have recently issued far more shares of their stock (either through initial public offerings or secondary offerings) than they did even in the go-go years of the late 1990s and at the top of the Internet bubble in early 2000. That's not good news, from a contrarian point of view: The stock market historically has tended to perform poorly following periods in which firms have flooded the market with more shares.”Read full article... Read full article...
Thursday, June 18, 2009
U.S. Doubling Unemployment Pay Checks to Stimulate Economy / Economics / Financial Markets 2009
By: Anthony_Cherniawski
What if the Fed had a sale and no one came?
The Federal Reserve received no requests from investors for loans to buy new commercial mortgage-backed securities under an emergency program aimed at reducing borrowing costs and reviving U.S. economic growth.
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Thursday, June 18, 2009
Stock Markets End Flat After Up Down Battle / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
Markets played a game of ping pong yesterday before finishing broadly flat. News from bellwether stock FedEx cast an early pall. Analysts were expecting revenue of $8.32bn this quarter but they reported only $7.85bn. Freight was down 28%, as producers can’t ship if producers aren’t ordering. Another green shoot gets snipped. Note also the lower than expected inflation numbers and the fall in mortgage applications (down 15.8%).
Wednesday, June 17, 2009
Stocks Suffer Again As Financials Take The Strain / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
On the day, the S&P lost 1.27% and now sits 4.6% below its recent high of 956. The rot set in with disappointing results from electronics retailer Best Buy but it was financials that bore the brunt of the selling pressure. All this on news that news that the Obama administration plans to create a quango called the Consumer Financial Protection Agency. This will in theory help protect consumers’ credit, savings and other banking transactions.
Tuesday, June 16, 2009
Fear Returns To Stalk Stock Markets / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
In their biggest fall since April 20th, equity markets retreated yesterday. Investors feared that the state-sponsored green shoots would shrivel, faced with the implicit threat from the G8 that central banks and governments were thinking of taking away the punch bowl of ZIRP and massive fiscal stimuli hammering the reflation trade. Policy makers now look set to repeat the errors of the late 1930’s. The Greenback also went on the rampage on the back of soothing comments from Russia taking the shine of the commodities / metals / oil trade while VIX popped up 10% on the day.
Monday, June 15, 2009
The Plunging Economy Vs. The Stock Market Rally / Stock-Markets / Financial Markets 2009
By: Uncommon_Wisdom
Larry Edelson writes: If you’re like the average investor, you’re probably wondering how can stocks rally when the economy continues to sink?
How, too, can commodities — especially oil — surge when unemployment continues to rise and businesses are shutting their doors left and right?
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Monday, June 15, 2009
Stock Markets Tread Water Amidst Low Volumes / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
The market eked out another few hard yards last Friday, ending up 28 points to move back into positive territory for the year to date. An early technical systems hitch had depressed volumes. Bank of America was the big winner after a broker upgraded their price target to $22 and also expected them to fully repay TARP funds by the end of 2010. Tech stocks and commodity-related equities were weaker on a fall in crude prices. Although we’ve seen a couple of decent attempts to break out, we remain deadlocked in the same trading range we’ve been in since the first day of June. Indeed according to Bloomberg, the S&P 500 hasn’t posted a daily rise or fall of 1% or more since June 4.
Sunday, June 14, 2009
Financial Markets Analysis - Record Debt Forcing Inflation and Interest Rates Higher / News_Letter / Financial Markets 2009
By: NewsLetter
The Market Oracle Newsletter
June 13th, 2009 Issue #44 Vol. 3
Featured Analysis of the Week
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Sunday, June 14, 2009
Stocks and Commodities Rally In the Direction of Economic Recovery Whilst Bonds Retreat / Stock-Markets / Financial Markets 2009
By: Prieur_du_Plessis
“Words from the Wise” this week comes to you in a shortened format as “day-job” responsibilities precludes me from doing a comprehensive commentary. However, a full dose of excerpts from interesting news items and quotes from market commentators is provided.
Saturday, June 13, 2009
Stock Market Rally On Borrowed Money Living on Borrowed Time? / Stock-Markets / Financial Markets 2009
By: Anthony_Cherniawski
Consumer Sentiment is on the rise - Confidence among U.S. consumers rose this month for a fourth straight time, reflecting signs that the worst recession in at least five decades may end this year. The Reuters/University of Michigan preliminary index of consumer sentiment increased to 69, the highest level in nine months, from 68.7 in May.