Category: Financial Markets 2009
The analysis published under this category are as follows.
Wednesday, May 27, 2009
Stock Market Feeling Confident on Economic Prospects / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
An upside surprise in the US consumer confidence number (to it’s best level in 8 months) trumped a record drop in the Case-Shiller home price survey report (down 19.1% in Q1 2009, with nationwide US home prices now back at 2003 levels).
Tuesday, May 26, 2009
Shekels on U.S. Dollars, Currency & Financial Markets Forecasts / Stock-Markets / Financial Markets 2009
By: Boris_Chikvashvili
To be ANTI-SOPITALIST means to stand with those who do not approve of the unproductive parts of society getting rich on the backs of the-productive people. There is only one reason prices should be rising, some people do not work their fair share and make it more expensive for others to have the necessities of life that is what printing money does. So, how exactly do the SOPITALISTS get rich? They must do something to manipulate things to their benefit and everyone else's detriment. Yes they do. They use their connections and money to stand first in the cycle of money that government recycles endlessly.
Monday, May 25, 2009
No Battle Between the Bulls and Bears Today / Stock-Markets / Financial Markets 2009
By: Uncommon_Wisdom
Larry Edelson writes: Thirty-eight years ago, in 1971, President Richard Nixon declared the last Monday in May a federal holiday — a day to remember and honor America’s fallen soldiers, as well as other loved ones who have passed away.
Monday, May 25, 2009
Bankers Shortchanging Tax Payers on TARP Bailout Stock Warrants / Stock-Markets / Financial Markets 2009
By: Anthony_Cherniawski
Bankers - 1; Taxpayers – 0. - Banks negotiating to reclaim stock warrants they granted in return for Troubled Asset Relief Program money may shortchange taxpayers by almost $10 billion if Treasury Secretary Timothy Geithner’s first sale sets the pace, data compiled by Bloomberg show.
Monday, May 25, 2009
North Korean Nuclear Test Shakes Sleepy Financial Markets / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
Stocks staggered into the long Memorial Day weekend after a late sell-off left them flat on the day and the week in light volume.
Sunday, May 24, 2009
U.S. Stock Market Follows Dollar and Bonds Lower as Commodities Surge / Stock-Markets / Financial Markets 2009
By: Prieur_du_Plessis
“Words from the Wise” this week comes to you a bit later than usual and in a shortened format as my “day-job” demands keep me from doing my customary commentary. However, a full dose of excerpts from interesting news items and quotes from market commentators is provided.
Stock markets kicked off the last week on a high note, but then the US parted ways with other markets as the remaining four days went downhill for American stocks. In contrast, global markets in general had only one down day on Thursday.
Read full article... Read full article...
Sunday, May 24, 2009
Financial Markets Analysis - Gold, Commodities and the U.S. Dollar / News_Letter / Financial Markets 2009
By: NewsLetter
Featured Analysis of the Week
Friday, May 22, 2009
Economic Green Shoots with No Roots / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
U.S. asset markets were savaged yesterday. The combined smell of declining equities, bonds and the dollar is not a pleasant one. Risk takers now realise that policy makers are naked. S&P’s revision of the U.K. rating outlook has sent a shockwave, it seems. Public deficit cannot keep running at 13% per year (both the U.K. and U.S. deficits will be of that size this year), future generations can’t afford it. Zealous Quantitative Easing (QE) will also lead to long-term inflation fears.
Thursday, May 21, 2009
Stock Market Traders Fear That The Rally Is All Bull / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
A cautious set of Federal Reserve minutes gave the market pause for thought yesterday evening as they downgraded their growth forecast and warned in sober tones of a slow recovery on the jobs front. These factors point to a longer period of ZIRP and more QE. Other headwinds for the market came in the form of crude oil, which popped back above $62 a barrel on an unexpected decline in inventories as gold chugs ever higher ($900).
Wednesday, May 20, 2009
Stocks Bear Market Rallies and V Bottoms / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
A tospy-turvy day saw the Dow end modestly lower by 29 points. The glass half-full bull argument of the day focused on the the VIX index (which is in layman’s terms, a measure or gauge of fear in the market) fell below 30 for the first time since last September. Bears would counter by highlighting the weak full year guidance from bellwether tech stock HP after the bell.
Tuesday, May 19, 2009
The Sum of the Stock Market Bull is Larger than its Parts / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
Ask enough smart money and you’ll get plenty of well reasoned arguments for why risk bounced, but most of them require a leap of faith that their sum is bigger than the individual parts. The list includes: stronger global economic data (Japan consumer confidence, Eurozone exports -16% from -23% the previous month; NAHB builders index off the bottom); home improvements chain Lowe’s earnings which supported the homebuilders and real estate stocks; Geithner’s comments that the US economy has stabilised, a fall in the VIX to 30; Goldman Sachs, Morgan Stanley and JP Morgan apply to repay TARP money and a 17.3% surge in the Indian Sensex.
Monday, May 18, 2009
Another Weak Monday Opening for Stock Markets / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
Equities were on the defensive Friday as the blue chip Dow Jones declined 63 points to break a six-week long winning streak. Energy stocks led us down, the once mighty GM cut 1,100 dealerships and retailers Abercrombie and Fitch and JC Penny warned of tough times ahead. The question for today is will this be the 8th Monday out of the last ten that stocks fall? The futures are pointing down right now and Asia has been weak overnight, so the signs are not good.
Sunday, May 17, 2009
Global Stock Market Rally Finally Succumbs to Selling on Premature Recovery Optimism / Stock-Markets / Financial Markets 2009
By: Prieur_du_Plessis
A long-awaited reversal in the monumental global stock market rally since early March finally arrived last week. As the first-quarter earnings season started winding down and post stress-test capital-raising weighed on some banks, investors were faced with a slew of gloomy economic reports suggesting the recent optimism about a global recovery might have been premature.
Friday, May 15, 2009
Stock Markets Snap Three Day Losing Streak / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
On a drab, lethargic day, financials Citigroup and JP Morgan led the Dow Jones to a modest 46 point gain. Chip stocks on the Nasdaq (notably Rambus, who had an anti trust suit against them dismissed by the FTC) and the broader S&P 500 faired better, posting 1% and 1.5% rises respectively. In other equity news Wal-Mart came in with numbers that were in line with expectations, while upper end chain store Nordstrom beat profit estimations after the closing bell. They also bullishly raised guidance for the year.
Thursday, May 14, 2009
Economic Green Shoots Torpedoed by Chrysler Bankruptcy / Stock-Markets / Financial Markets 2009
By: Anthony_Cherniawski
More Americans than forecast filed unemployment-insurance claims last week because of the Chrysler LLC bankruptcy that is likely to reverberate through the economy for months.
Thursday, May 14, 2009
Withering Green Shoots of Recovery Send Stocks Reeling / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
The bulls immaculate recovery lost its virginity yesterday, as news of record home foreclosures and signs of belt tightening by the all-important US consumer, in the form of very disappointing weak retail sales, sent US stocks tumbling.
Wednesday, May 13, 2009
Another Yo-Yo Day For Stock Markets / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
A lacklustre, see-saw day of modest gains for the blue chip Dow, while the Nasdaq felt some pain. A near term sell-off back to the mid-low 800s for the S&P 500 is still very much on my mind, but while this is very tradable, I do not think that it is the start of a big sell-off to fresh lows; that will come when the data turns and there are no signs of that yet. This, I feel, is about a month away.
Tuesday, May 12, 2009
Fascist Star Trek Federation Vs Free Market Aliens / Politics / Financial Markets 2009
By: LewRockwell
John Bowman writes: Several years ago, I remember reading an historical analysis of alien movies and other popular media, with an interesting conclusion that went something like this: With a few notable exceptions, during times of war, widespread geopolitical strife or general oppression or misery, E.T. is generally depicted in popular media as a benevolent visitor, yet in times of peace or general prosperity, E.T. is instead portrayed as a merciless invader.
Tuesday, May 12, 2009
Stock Markets Don't Like Mondays / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
So too far, too fast, was the verdict, or was it simply the proximity to key chart levels, like this year’s high at 944 on the S&P 500 that did the damage? Either way, the optimists will still see this as base building and the pessimists will view it as a sign of a stalling rally. A chunky give back day as investors frowned on the prospect of rights issues by four banks (Capital One, KeyCorp, US Bancorp & BB&T) to repay the TARP and worries that like Paulsen before Treasury Secretary Geithner his more a slave to Wall St than a servant of Main St America with news of a last minute shady deal to dilute the stress tests (reducing the amount of capital the banks have to raise) making then less credible.
Monday, May 11, 2009
Stock Markets See Blooming Gardens Not Just Green Shoots of Recovery / Stock-Markets / Financial Markets 2009
By: PaddyPowerTrader
Like the energiser bunny with rechargeable batteries, the rally just keeps going, kicking sand in the face of the naysayer “it’s a suckers rally” bears. For all the earlier criticism, the not so stressful stress tests have relieved stress because the extensive lead time to raise the equity is beneficial and will allow much of it to come from earnings retention. In addition, equity dilution is less than feared and risk of losses above the preferential shares in the capital structure now appears very remote.