Category: Stock Markets 2010
The analysis published under this category are as follows.
Wednesday, September 22, 2010
Stock Markets Ripe for a Setback as Fed Warms Up Money Printing Presses / Stock-Markets / Stock Markets 2010
By: PaddyPowerTrader
As I warned yesterday, the US equity market had overdone its expectations that the Fed where going to fire up the printing press & embark on QE2 with immediate effect. Hence it had set itself up for a fall and was ripe for a setback on the resulting disappointment.
The culprit for the early dip in European stocks this morning was to be the execution of a 1.5 bn euro programme order to sell European stocks!
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Wednesday, September 22, 2010
Stock Market FOMC Volatile Session Closes Near Unchanged / Stock-Markets / Stock Markets 2010
By: Harry_Boxer
The stock market indices had a very volatile day, especially after the FOMC announced that they kept rates unchanged. The morning was spent with the indices moving back and forth on the Nasdaq 100, holding support. The S&P 500 kept moving steadily lower in a down channel until the FOMC report.
Tuesday, September 21, 2010
Stock Market Confusion? S&P 500 bullish, VIX bearish? / Stock-Markets / Stock Markets 2010
By: Marty_Chenard
Below is a long term view of the VIX (Volatility Index).Note that the VIX has been below its September inverted support line for the past 4 days while the S&P has been above its support with a triple top upside breakout yesterday.
Yesterday, the S&P breakout was bullish, but the VIX falling below both of its inverted supports at labels 3 and 4 was bearish.
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Tuesday, September 21, 2010
NBER Declares the Recession is Over / Stock-Markets / Stock Markets 2010
By: Mark_McMillan
The NBER declared that the recession ended in June 2009, more than one year ago and apparently the market liked that...
Recommendation: Take no action.
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Tuesday, September 21, 2010
Stock Market Indices Follow Through on Last Week's Rally / Stock-Markets / Stock Markets 2010
By: Harry_Boxer
The stock market indices started the week off with a bang and followed through brilliantly on last week's rally, gapping up from the get-go and exploding early on short covering. They consolidated mid-day, and then ran again hard in the afternoon, as the Nasda 100 had two rallies of more than 20 points during the session and the S&P 500 had two rallies of more than 12 points. Only a last 5-minute pullback prevented them from closing on the highs for the day.
Tuesday, September 21, 2010
Stock Market Bulls Clear 1131 S&P 500... / Stock-Markets / Stock Markets 2010
By: Jack_Steiman
It seemed as if it would never happen, but the bulls refused to let thing get away from them as the bears put up their front at that critical resistance level. Sure we sold off many times from 1131, but never hard and never for long. That was the key. The bears needed to throw everything they had at holding off 1131, but beyond that they simply could not sell this market off in any big way that put the bulls on notice that the bears weren't going to ever let it take place. Shallow pullbacks was all they could put together.
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Monday, September 20, 2010
Stocks Advance But Irish Bond Spreads Hit Fresh Highs on Debt Crisis / Stock-Markets / Stock Markets 2010
By: PaddyPowerTrader
Stocks Advance but Irish Bond Spreads Hit Fresh HighsThe big story Friday related to a research report by Barclays Bank (actually published Thursday morning) stating that Ireland MAY require external aid If unexpected banking losses emerged or economic conditions deteriorated further. This assertion was picked up in the most tabloid fashion imaginable by the Irish Independent in a clear case of scare mongering in what smelt of a Fox News make the facts fit the underlying editorial line (i.e. to heap more pressure on the FF / Green’s coalition) and then amplified in a game of worldwide financial Chinese whispers that went viral. Read full article... Read full article...
Monday, September 20, 2010
Stock Market Quadruple Witching / Stock-Markets / Stock Markets 2010
By: Mark_McMillan
Quadruple witching (expiration of stock index futures, stock index options, stock options, and single stock futures) occurred with relatively low volume and volatility...
Recommendation: Take no action.
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Monday, September 20, 2010
Stock Market SP500 Options Expiry Overnight Shakeout, What’s Next? / Stock-Markets / Stock Markets 2010
By: Chris_Vermeulen
I think it’s safe to say that everyone knows the markets are manipulated... but during options expiry week we tend to see prices move beyond key resistance and support levels during times of light volume which triggers/shakes traders out of their positions.
Trading during low volume sessions Pre/Post holidays for swing traders or between 11:30am – 3:00pm ET for day traders tends have increased volatility and false breakouts. This happens because the market markets for individual stocks can slowly walk the prices up and down beyond short term support and resistance levels simply because there is a lack of participation in the market.
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Sunday, September 19, 2010
Stock Market Trend, the Gold-Plated Economy / Stock-Markets / Stock Markets 2010
By: Peter_Navarro
The stock market continues to show technical improvement – even as the economy continues to exhibit fundamental deterioration. On the technical front, Market Edge has its Strength Indices showing improvement while its Momentum Index remains very strong. At the same time, 81 of the 91 Industry Groups followed by Market Edge are rated either strong or improving. This all adds up to a stock market that continues to inch up on weak volume.
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Sunday, September 19, 2010
Stock Market Caught in a Boundary Cycle / Stock-Markets / Stock Markets 2010
By: Christopher_Quigley
The market at the moment is going through a “boundary cycle”. Believe it or not the range the Dow Transports is caught in is the range that was created by the flash crash of May 6th. (Dow 30: 10,800 – 9800). As I said immediately after this event it would take a while for the technical position of the market to repair itself and this has proven to be the case. Nothing coming from the SEC has proved that they have managed to deal successfully with the issue of Over The Counter High Frequency Quant Trading and until they do so we will continue to observe outright manipulation of individual equity and index positions. Modern market confidence will not be set on solid ground until HFQT is regulated or banned.
Saturday, September 18, 2010
Stock Market Resilient Indices Close Slightly Ahead / Stock-Markets / Stock Markets 2010
By: Harry_Boxer
The stock market indices had a narrowly positive session. They opened with a big gap up to new highs, pulled back very sharply on negative economic news, but then bounced around, bounced back, and then backed and filled all day, failing to break out above or below support or resistance intraday.
Net of the day, the Dow was up just 13.02 at 10,607.85. The S&P 500 was up 93 cents at 1125.59. The Nasdaq 100, however, was up 7.72 at 1955.83.
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Saturday, September 18, 2010
Stock Market Failure At S&P 500 1131...Overall Action Is Bullish... / Stock-Markets / Stock Markets 2010
By: Jack_Steiman
The futures were rocking higher last night. Upon waking this morning those futures held very well, and it looked as though 1131 was going to be left behind once the market opened. The bears had other ideas. The futures slowly started to gather some momentum back down on no news. The bears piling in to knock it down. By the time the market opened, things were green, but well off the highs. That didn't stop the bulls from making one more move back towards that elusive level as the S&P 500 touched 1131.47.
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Saturday, September 18, 2010
It's Late September...Where's the Bear? / Stock-Markets / Stock Markets 2010
By: Steven_Vincent
(originally published for BullBear Trading Room members on 9/12/10, re-published here with updates)
In the last BullBear Weekend Report on I concluded:
...the likelihood of continued upside in defiance of bearish expectations is high. Whether this represents an intermediate term blip or something more significant is as yet unknown, although there are some long term divergences and indications that point towards a long term bullish conclusion.
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Friday, September 17, 2010
Euro/Yen Weakness Points to Stable Stock Markets / Stock-Markets / Stock Markets 2010
By: Donald_W_Dony
In the September 9, 2010 Market Minute titled: US bond yields and the S&P 500, technical evidence indicated that 10-year yields were starting to rise. This data is key because bond yields and the S&P 500 trade in parallel patterns. Another signal of potential equity stability is now coming from the currency market.
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Friday, September 17, 2010
S&P 500 Lags as Indices Snapback from Morning Losses / Stock-Markets / Stock Markets 2010
By: Harry_Boxer
The stock market indices opened lower today and spent much of the day in negative to neutral territory, meandering back and forth in consolidation ranges. When it was apparent that support was holding, after being tested three times, they then turned back north, and in early afternoon started a rally that lasted until near the close, a very strong move that took the Nasdaq 100 up near 1950.
Thursday, September 16, 2010
Throw the Bums Out Thursday / Stock-Markets / Stock Markets 2010
By: PhilStockWorld
There’s only one thing voters hate worse than Democrats:That is, of course, Republicans. The latest NY Times/CBS News poll found that, while while voters rate the performance of Democrats negatively, they view Republicans as even worse with 63 percent disapproving of Democrats and 73 percent disapproving of Republicans. Still, the prevailing "they all suck" attitude is not good news for the Democrats as they have the most seats up for re-election and over 63% of the voters are pretty much determined to vote for "the other guy."
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Thursday, September 16, 2010
Stock Market’s Internals Improving; Volume Remains Light / Stock-Markets / Stock Markets 2010
By: Chris_Ciovacco
The stock market’s internals are healthier than they have been in seven weeks. The CCM Bull Market Sustainability Index (BMSI) has poked its head out of neutral territory and into the very low-end of bullish territory. Wednesday’s BMSI reading came in at 2,036. We designed the BMSI as an “it’s time to pay attention” index. It is telling us to pay attention right now as the BMSI sits on the neutral-to-bullish line of demarcation.
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Thursday, September 16, 2010
Stock Market Investment Contingency Plans 2010-2011 / Stock-Markets / Stock Markets 2010
By: Chris_Ciovacco
The immediate fork in the road for stocks involves whether we (a) remain in a range between 940 and 1,130 on the S&P 500 or (b) can see a sustainable move above 1,130.
Thursday, September 16, 2010
FedEx & UK Retail Sales Disappoint Stock Markets / / Stock Markets 2010
By: PaddyPowerTrader
US stocks advanced Wednesday, sending benchmark indexes to the highest levels in five weeks, as M&A speculation and the expectation that companies will return cash to shareholders raised investors’ optimism.
Travelers Cos. advanced 2.9 percent, the most in the Dow after boosting its forecast for stock buybacks. Novell rose 5.9 percent after the New York Post said the company reached an agreement to sell itself and McKesson helped lead gains among healthcare companies after Lazard Capital Markets said it may rally. But Time Warner Cable slumped 5 percent after saying it may lose customers.
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