Category: Stock Markets 2010
The analysis published under this category are as follows.Monday, January 25, 2010
Stock Market Breakdown! / Stock-Markets / Stock Markets 2010
The monthly chart of the Dow Jones Industrial Index below (courtesy BigCharts.com) shows that the Index:
1. has failed to penetrate the falling trend line on the upside, and
2. has broken below the lower boundary of the (typically bearish) rising wedge pattern
Monday, January 25, 2010
Anticipated Stock Market Correction on Not So Hot Bank Earnings and Economic Data / Stock-Markets / Stock Markets 2010
We may have gotten our answer posed last week with the thud heard on Wall Street this week; earnings at the banks are not that great and neither is the economic data, giving the equity markets a bad case of the flu! Housing continues in a funk, with starts declining (again), although those looking at the glass half full would say that permits (a leading indicator) rose – potentially providing some good news in the months ahead. Also jumping a bit were initial jobless claims, and more importantly the rise above its 10-week average, potentially ending talk of job gains come the February jobs report.
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Monday, January 25, 2010
Will the Stock Market Rebound from Last Week's Beating? / Stock-Markets / Stock Markets 2010
Jon D. Markman writes: Stocks slipped sharply in the past three days as the underlying market weakness we've been highlighting for the past two weeks finally mattered. A number of better-than-expected earnings reports were ignored. Even the successful election of a Republican to one of Massachusetts' two Senate seats, which helped health-care stocks push the market up on Tuesday, wasn't enough.
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Monday, January 25, 2010
Stock Market Outlook and Forecast Into Mid 2010 / Stock-Markets / Stock Markets 2010
Equity markets have enjoyed a near flawless advance since the March low. Now with the quick retracement last week, many investors are becoming concerned that a steep correction is in the making. It is important to remember that markets typically trade up 1/3rd of the time, down 1/3rd and flat 1/3rd. Models suggest that the probability of a period of horizontal trading is increasing as the bull market moves toward mid-2010.
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Sunday, January 24, 2010
Stock Market Price Plunge Means Lowering Expectations on Intervening Rallies / Stock-Markets / Stock Markets 2010
Purely from a technical perspective, last week¹s price plunge indicates that significant near-term technical damage was inflicted on the heretofore dominant Mar-Jan uptrend (as viewed in the accompanying S&P 500 chart), and that additional price weakness should be expected into the beginning of February. Furthermore, my intermediate-term cycle work is poised to create headwinds into the end of Q1.
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Sunday, January 24, 2010
Stock Market Plunge Wipes Out December and January Gains! / Stock-Markets / Stock Markets 2010
S&P shed 44 points last week, and established a mid-term downtrend.
This is what I wrote regarding the weekly frame in Thursday’s post
There are signs of a correction on the chart, broken uptrend line, rapidly falling RSI, a cross on MACD
Sunday, January 24, 2010
Stock Market Correction, Watch for Bearish Downtrend / Stock-Markets / Stock Markets 2010
In my previous weekly newsletter, I urged extreme caution in the market until the question of whether the market was at the beginning of a correction had been resolved. This last week, with the American stock market taking its worst set of consecutive losses since bouncing off the March lows, we got our answer. The market is definitely in a correction.
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Saturday, January 23, 2010
Stock Market Investors Remain Poorly Positioned to Weather a Sell Off / Stock-Markets / Stock Markets 2010
After notching a high earlier in the week for this rally that started in March, 2009, the S&P500 went on to lose over 5% in 3 trading days. This puts the S&P500 below the November 13, 2009 closing high. In the short term, "everyone" expects the proverbial bounce giving pause to bulls and bears alike, but make no mistake about it, investors remain poorly positioned to weather a sell off.
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Saturday, January 23, 2010
Stock Market S&P500 Trend Update and Forecast 2010 / Stock-Markets / Stock Markets 2010
Hello this is Adam Hewison and I’ve just returned from my daughter's wedding in New Zealand to see that we have some very interesting markets to start the New Year.
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Saturday, January 23, 2010
Stock Market Warning, Sell or Hedge / Stock-Markets / Stock Markets 2010
From its intraday high to this morning’s low, the Dow has lost over 430 points just in the last three trading days … breaking through critical support … raising the specter of AT LEAST a big correction, and … foreshadowing a possible return of the debt crisis this year.
Ergo, this is a flash update to help you start thinking about — and preparing for — a market turn in the making, which could be a MAJOR one.
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Saturday, January 23, 2010
Stock Market Sentiment Selling Under Way...50 Day Ema's All Gone / Stock-Markets / Stock Markets 2010
We started the day with a move lower once again. Markets across the oceans were lower and thus so were ours. You could feel the fear of buying after the selling over the past few days. During the week nearly all of the major Indices we track broke through not only our Rising Support Lines off the March Lows but also our 50-EMA support levels. Bigger picture if you study our first chart today of the S&P 500 monthly. The market stalled out at our highlighted backtest of our 2008 breakdown area at our 1150 Resistance Zone which is clearly seen in our first chart.
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Friday, January 22, 2010
Ganging Up on the Stock Market! / Stock-Markets / Stock Markets 2010
I wrote in last week’s column that “the next few weeks could be a testing time for both bulls and bears”.
To my way of thinking too many influential participants decided to take part in that testing this week for comfort.
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Wednesday, January 20, 2010
Stock Market Negative Reactions / Stock-Markets / Stock Markets 2010
The economic data continues to disappoint, although may are looking at the bright side (at least it is not as bad as last year!). However, the bit of “news” that surprised investors was news from JP Morgan as they released earnings data that they will be stashing more reserves away to cover additional loan losses. That took the markets down a peg and increased investors concerns that just maybe the stock market and economy are moving in two different directions.
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Wednesday, January 20, 2010
Stock Market Bouncing Off Oversold... / Stock-Markets / Stock Markets 2010
But the market needs more unwinding. It can do it in two ways, of course. It can move in a base or laterally. Up, down, up, down, etc. The other way is a good old fashioned period of harder selling. One way or the other it should get the job done over the coming days and weeks. We are simply too stretched out here on the medium to longer term time frame charts to continue blasting higher but that doesn't mean we're going to fall apart.
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Tuesday, January 19, 2010
Is the Stock Market Flashing a “Sell” Signal? / Stock-Markets / Stock Markets 2010
Friday’s decline has got a lot of commentators asserting that the official top is in for the rally that started March 2009. The primary reason for these assertions is that stocks look to have broken the rising channel they entered during this last leg up.
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Tuesday, January 19, 2010
Stock Market Rally in its Final Stages, Elliott 5th Wave? / Stock-Markets / Stock Markets 2010
It’s time for a review of the broader market indices and possible implications for traders and investors: This analysis may prove controversial, but I tend to make big picture calls at critical junctures. This analysis is getting more bearish I realize, as I’ve been bullish since Feb 25th on the markets. I simply look at all the evidence, and instead of burying my head in the sand, I take it all in and plan accordingly. Being a perma-bull or perma-bear is a quick way to under-perform the markets. I try to be nimble and trade/invest accordingly. The next few weeks are likely to be volatile, possibly to the downside a bit. The market may not have peaked quite yet, but it’s feeling like the 8th inning in the game. Below are my thoughts:
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Monday, January 18, 2010
Stocks Bear Market Rally Topping Action Continues / Stock-Markets / Stock Markets 2010
Current Position of the Market
SPX: Long-term trend - Down! The very-long-term cycles have taken over and if they make their lows when expected, the bear market which started in October 2007 should continue until 2014. This would imply that lower prices lie ahead. As illustrated by the current market performance, this will not be a straight-down decline, but will consist of a series of intermediate-term rallies and declines until we have reached the low point.
Sunday, January 17, 2010
Stock Market Uptrend Remains Intact / Stock-Markets / Stock Markets 2010
The stock market finished last Friday on a decidedly bearish note – big drop on heavy volume. The question for this week is whether this was simply an aberration attributable to an options expiration day or the beginning of some kind of market correction.
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Sunday, January 17, 2010
They Don't Ring A Bell At The Stock Market Top / Stock-Markets / Stock Markets 2010
There are two kinds of bulls: 1) there are those bulls who are intent on squeezing every last percentage point from this rally and who believe they can find the exits when the music finally stops; and 2) then there are those bulls who continue to have high expectations that the current market environment will yield strong returns. The latter type of bulls are unlikely to realize strong gains without a significant pullback, and by significant I mean that the pullback should get investors to think that the market is rolling over to such a degree that the current cyclical highs will never be revisited. The former type of bulls are likely overestimating their ability to get to the exits or identify the top before the next trader. Either way, complacency reigns as they don't ring a bell at the top.
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Saturday, January 16, 2010
Marc Faber Flips from Bullish to Bearish on Stock Markets, Says SELL / Stock-Markets / Stock Markets 2010
A few weeks ago Marc Faber was bullish on stock markets for 2010 but after participating in Barron's round-table discussion this week he has now turned bearish due to too much bullish sentiment, "Everybody was looking for further gains in stocks," he said.
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