Category: Stock Markets 2010
The analysis published under this category are as follows.
Wednesday, October 27, 2010
Stock Market Dow Jones Index Priced in Gold, What It Means for the Long-Term Trend / Stock-Markets / Stock Markets 2010
By: EWI
Of the many forward-looking market indicators we at EWI employ, one of the most interesting tools (and least discussed in the financial media) is the DJIA priced in gold -- "the real money," as EWI's president Robert Prechter calls it. What implications might the present position of Dow/gold have for the long-term trend of the nominal Dow? In this video, Elliott Wave International's Steven Hochberg shows you several revealing charts that answer this question.
Wednesday, October 27, 2010
Stock Markets Worried by Watered Down QE2 / Stock-Markets / Stock Markets 2010
By: PaddyPowerTrader
The market put in a respectable performance Tuesday considering the amount of negative news. Despite Ford beating expectations by a whopping 25 percent the stock only rallied 1.5 percent. Three of the major Steel Players (MT, X, AKS) missed and fell 4 percent on average. Meanwhile Kimberly-Clark , the maker of Huggies nappies and Kleenex tissues, lost 5.8 percent as profit dropped amid higher costs for materials. But IBM climbed 0.6 percent after its board authorized buying back as much as $10 billion in shares.
Wednesday, October 27, 2010
Marc Faber Says QE2 to Drive Down Stocks / Stock-Markets / Stock Markets 2010
By: Videos
Marc Faber discusses the potential impact of further quantitative easing by the Federal Reserve on stocks.
Tuesday, October 26, 2010
Stocks Tread Water Ahead of Consumer Data / Stock-Markets / Stock Markets 2010
By: PaddyPowerTrader
U.S. stocks rose Monday, sending the S&P 500 Index to a 4th straight gain, after the Group of 20 nations pledged to avoid “competitive devaluations” of currencies and investors bet the Federal Reserve will announce further bond purchases next week. Stocks wise DuPont, Kraft Foods and Walt Disney all climbed more than 1.4 percent to lead gains amongst the largest U.S. companies. And Citigroup rallied 2.4 percent after Goldman Sachs added the shares to its “conviction buy” list. Elsewhere CommScope surged 30 percent on news a private equity firm is considering a takeover while Office Depot also gained 3.5 percent after saying earnings will beat estimates.
Tuesday, October 26, 2010
Stock Market Has Another Positive Start to the Week / Stock-Markets / Stock Markets 2010
By: Harry_Boxer
The stock market indices started the week out on a positive note, although a last half-hour sell off took back a chunk of the profits.
The day started out with a gap up and strong early morning rally that took the Nasdaq 100 to new highs at 2127 and the S&P 500 to 1196. They then sold off, backed and filled, consolidated, and tried an afternoon rally, which got up to the morning highs but couldn't quite break out late and run. When that occurred, they rolled over hard in the last half hour to pare back the gains.
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Tuesday, October 26, 2010
Stock Market Prints Dojis....Still Strong Overall.... / Stock-Markets / Stock Markets 2010
By: Jack_Steiman
You look at the market and wonder when it will turn a bit. When will it sell off from this up trend to unwind those overbought daily oscillators? We have at, or near, 70 RSI on all the major index charts for weeks now, and a selling phase for a few days would do wonders to set things up very nicely. You often get this to happen when you print a doji or a spinning candle off a nice up trend.
Monday, October 25, 2010
How Bernanke Will Pump Stocks Higher Into Year End, Sectors that Will Soar / Stock-Markets / Stock Markets 2010
By: Money_Morning
Jon D. Markman writes: While many investors have solid reasons to remain concerned about the broader economic picture, there are some market sectors roaring forward that no one can afford to miss - and they will continue to provide profit opportunities thanks to the work of U.S. Federal Reserve Chairman Ben Bernanke.
Monday, October 25, 2010
Stock Market Increasing Evidence of Approaching Short-term Top, Gold Consolidating / Stock-Markets / Stock Markets 2010
By: Andre_Gratian
Current Position of the Market
Very Long-term trend - Down! The very-long-term cycles are down and if they make their lows when expected, the bear market which started in October 2007 should continue until about 2014-2015.
Long-term trend - In March 2009, equity markets began a corrective move in the form of a mini bull market. Many signs point to a continuation of this trend into 2011 and the surpassing of the April 2010 intermediate top.
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Sunday, October 24, 2010
Stock Market October Curse vs Objective Analysis / Stock-Markets / Stock Markets 2010
By: EWI
Over the weekend, I went shopping for Halloween decorations. In the store, one of the clerks was wearing a white T-shirt with a puff-paint rendering of the Dow Jones Industrial Average. The line representing prices was the color of blood red, dripping and splashed across the front. When I asked him what it was, he said "the October Curse."
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Saturday, October 23, 2010
Stock Market Stalls at the Diamond Top / Stock-Markets / Stock Markets 2010
By: Anthony_Cherniawski
FDIC’s Workload is Picking Up.
The FDIC Failed Bank List announced seven new bank closures this week. Here we go - the rating agencies are now officially in the game. Next up - collateral calls and other nasty stuff: "Today, Fitch Ratings issued a number of separate press releases placing on Rating Watch Negative most U.S. bank and bank holding companies' Support Ratings, Support Floors and other ratings that are sovereign-support dependent. The two companies mostly impacted by this announcement are Bank of America Corporation and Citigroup, Inc." BBB+ coming up.
Saturday, October 23, 2010
Stock Market Holding Up Very Well..... / Stock-Markets / Stock Markets 2010
By: Jack_Steiman
It's an old story already. The market remains in its confirmed up trend that has been in place for several months now. The bears keep thinking the story is over, yet the market keeps telling them otherwise. The moment we see some selling, the bears rush in as evidenced by the big spike in the put-call ratio. This tells me that the thinking is still waiting for something very bad to take place. The other day, when the market was down quite a bit we saw the put-call trade over 1.0 for the entire day, including a reading of 1.35.
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Friday, October 22, 2010
Getting Some Stock Market Perspective / Stock-Markets / Stock Markets 2010
By: Christopher_Quigley
From a Dow Theory point of view this is the situation as I see it. The market is giving very strong signals particularly on the Transports side. My key break point is 5265 to give the first indication that the new Bull Run has commenced. We are currently at 4735. Near but not quite there. My key break point on the Dow Industrials is 13566. WE are currently at 11146 some 2420 points away.
Wednesday, October 20, 2010
Is a Stock Market Crash Imminent / Stock-Markets / Stock Markets 2010
By: Bob_Clark
Assets are already inflated We are seeing some amazing imbalances in the markets. I don't remember so many different asset classes being this heavily shorted or hedged by large commercials, all at the same time. Don't get me wrong, to rise and fall together is fairly normal now. It is the extremes we are reaching that is amazing. The red line on the chart shows commercial long positions minus short positions in the various futures instruments.
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Wednesday, October 20, 2010
U.S. Mortgage Foreclosure Fiasco Weighs on Stocks / Stock-Markets / Stock Markets 2010
By: PaddyPowerTrader
The surprise decision by the PBoC to raise rates by 25bps (I’d now expect tomorrows GDP and CPI numbers to be upside surprises !) led to de-risking across the board and US stocks suffered their biggest setback in 2 months. The dollar (the $ index DXY +1.7 percent) was the main beneficiary as it had its biggest gain in 6 months. Commodities had a knee-jerk move lower with Gold -2.5 percent, Crude -4 percent, and Copper -3 percent. Every major S&P Subsector finished in the red with Autos (-3.3 percent), Energy (-2.4 percent), and Materials (-2.25 percent) the biggest losers. Financials (-.9 percent) held up very well over the morning, but a report released at 1:30 rattled the Banks and sent the S&P’s down an additional percent (1156 low).
Wednesday, October 20, 2010
Bank Index Shows Clear Relative Weakness For Stock Market QE Rally / Stock-Markets / Stock Markets 2010
By: Claus_Vogt
The main driver of the stock market rally off the late-August low seems to be the Fed’s relatively clear announcement of quantitative easing number two. Market participants seem to think that another round of extremely easy money will accomplish what the first round couldn’t.
Wednesday, October 20, 2010
Wall Street, Chaos Theory and Fractal Geometry / Stock-Markets / Stock Markets 2010
By: Money_Morning
Martin Hutchinson writes:
Mathematician Benoit B. Mandelbrot, the inventor of fractal geometry, died Oct. 14.
As mathematicians go, Mandelbrot was very likely the best of the last half-century. And that brilliance extended to the financial markets. In fact, his groundbreaking insights into the operations of the stock market could have been used to avert the 2008 crash - had those insights only been heeded.
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Wednesday, October 20, 2010
Stocks Have Been Riding the Feds Quantitative Easing Higher, Could be Topping / Stock-Markets / Stock Markets 2010
By: Steve_Betts
It’s been a while since I’ve dedicated a daily report to stocks so today I would like to spend some time discussing the Dow. Stocks have been riding the Fed’s implicit promise for more quantitative easing higher, and it now appears to me that the wave is about to wash up on shore and expire. The initial effects of easing mean more liquidity while the long term effects mean more debt heaped on top of older obligations that will never be repaid. A once great nation is now reduced to borrowing money in order to service the interest on existing arrears with no intention of paying it back. The liquidity is a result of the printing press as the Fed becomes the buyer of last resort in both the stock and bond market. A good analogy is a patient on life support just before he takes his last breath.
Wednesday, October 20, 2010
Stock Market Steep Sell-Off, Though Indices Bounce Off Lows / Stock-Markets / Stock Markets 2010
By: Harry_Boxer
The stock market indices opened with big gaps down today, fell sharply lower, but did rally back in the morning to take back about half the losses, but that was a 3-wave corrective-looking rally. Then they rolled over late morning to early afternoon sharply, bounced a couple times, managed to hold the morning lows on the Nasdaq 100, but took them out twice on the S&P 500, reaching down just below 1160. They snapped back in the last 15-20 minutes and took back a chunk of the losses.
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Tuesday, October 19, 2010
Chinese Interest Rate Hike Spooks Stock Markets / Stock-Markets / Stock Markets 2010
By: PaddyPowerTrader
U.S. stocks rose Monday to a five-month high, led by financial shares, after Citigroup.’s earnings topped estimates and an unexpected drop in industrial production was taken as a further sign that the Federal Reserve will help fuel the recovery with another bout of QE. Citigroup rallied 5.4%. Hasbro., the second-largest toymaker, advanced 3.8% after reporting higher-than- estimated earnings. But Halliburton, the second-biggest oilfield-services provider, slumped 4.8% as profit missed analysts’ estimates.
Tuesday, October 19, 2010
Stock Market Bullishness is Paradoxically a Warning Signal / Stock-Markets / Stock Markets 2010
By: Brian_Bloom
One reason that charts are important is that they facilitate a view of the financial world that enables one to cut through all the background waffle. Fundamental analysis anticipates what “should be”. Technical analysis reflects what “is” – whether it should be or not.
Below are a few charts which reflect that what “is” is not reflecting what “should be”. We can shout as loudly as we like but facts are facts.
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