Category: Stock Markets 2010
The analysis published under this category are as follows.
Friday, July 02, 2010
A Post Payrolls Stock Market Bounce? / Stock-Markets / Stock Markets 2010
By: PaddyPowerTrader
The S&P 500 Index fell for the fourth straight day Thursday losing 0.3% to close at it’s lowest since Oct. 2, 2009, after sinking as much as 1.9% earlier in the day. That was because of more worrying jobs data in the form of weekly and continuing jobless claims which gave the double dippers argument more ammunition. But European equity markets opened marginally higher this morning following their lead from Asia overnight despite the weak economic data from the US yesterday.
Friday, July 02, 2010
Cash Pouring Into Junk-Bond Funds May Signal Stock Market Chaos / Stock-Markets / Stock Markets 2010
By: Money_Morning
Shah Gilani writes: Investors are plowing money into junk-bond funds, which leveraged borrowers at private equity funds are using to pay dividends to themselves and to buy out more public companies.
The huge-and-growing overhang of debt-laden portfolio companies that private-equity shops want to take public - when combined with additional leveraged deals in the pipeline - will keep a lid on U.S. stock prices and could even spark a sell-off for stocks in both the United States and Europe.
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Friday, July 02, 2010
Stock Market Indices Continue Lower, but Close Firmly Off Lows / Stock-Markets / Stock Markets 2010
By: Harry_Boxer
The stock market indices were lower on Thursday, but came dramatically off the early sharp lows. The day started out with a little bit of a slight bump to the upside before the indices rolled over hard and fast. The Nasdaq 100 dropped from 1747 to 1700, and the S&P 500 from 1034 to nearly 1010. At that point they were severely oversold, not only intraday but over the last few days, with a negative tick of 1414, which triggered a snapback rally.
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Friday, July 02, 2010
Another Day In The Stock Market Down Trend...... / Stock-Markets / Stock Markets 2010
By: Jack_Steiman
When you're in a down trending market one of things that happens is people expect the markets to be down huge every day. That there can't be any good days along the way. Basically it's just down hard day after day. That is not the case at all. Even in the worst bear markets it's all a process. Most days are lower, of course, but not every day is a big down day. We closed well off the lows.
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Thursday, July 01, 2010
Wretchedness of Stock Market "Management" / Stock-Markets / Stock Markets 2010
By: Brian_Bloom
Wealth cannot be dropped by helicopters. The solutions to the issues facing humanity lie beyond the realms of finance.
The first four charts below require no further comment. The Dow Jones consists of 30 stocks and it did not break to a new low on June 30th 2010. The Standard and Poor consists of 500 stocks and it did break to a new low (Charts courtesy stockcharts.com)
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Thursday, July 01, 2010
Stock Market New Pullback Lows / Stock-Markets / Stock Markets 2010
By: Harry_Boxer
The stock market indices started out the day with a strong surge, pulled back in an orderly fashion, and then made new highs by late morning. At that point they backed off and began a stair-step process over the next several hours only to accelerate and cascade lower in the last hour, sending the indices tumbling.
Thursday, July 01, 2010
Stock Market S&P 1040 Breaches But Holds...For Now... / Stock-Markets / Stock Markets 2010
By: Jack_Steiman
Yesterday I spoke about the poor intra-day action as the stochastic's and other oscillators had unwound on the 60-minute charts back up but with no real price appreciation. You can't help but notice this type of behavior as we often see this on the same 60-minutes in reverse in bull markets. When a market shows almost no rise in price, but you get rid of oversold, it makes you think that things are shifting rapidly to the side of the bears. This had not happened in quite some time. All the 60-minute chart did was form a bear flag as things unwound in a very tight 15-point range. Today that flag broke down as so often happens in this set up. It did so with a huge gap down out of the gate as overseas markets were crushed on bad economic news from China.
Wednesday, June 30, 2010
The Black-Art of Predicting Stock Market Dead Cat Bounces: One More for S&P 500? / Stock-Markets / Stock Markets 2010
By: Andrew_Butter
On March 14th 2008 Nouriel Roubini’s made a prognosis about bouncing dead cats "Reflections on the latest dead cat bounce or bear market sucker's rally". I was so inspired that I conducted a very scientific experiment throwing dead cats off buildings to check how high they bounce; based on my findings I built a carefully constructed “algorithm” to prove beyond all scientific doubt that he was wrong.
Wednesday, June 30, 2010
Falling Percentage of Trending Stocks on the NYSE / Stock-Markets / Stock Markets 2010
By: Donald_W_Dony
The percentage of stocks that are trending up on the NYSE Composite continues to fall. The number of equities on the Big Board that are trading above their long-term 200-day moving average has declined to about 37% (Chart 1). This means the majority of stocks are now descending. A reading of below 50% suggest a stronger correction is developing. Models illustrate that downward pressure is building as the 16-week cycle unfolds.
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Wednesday, June 30, 2010
Some ECB Relief But US Jobs Disappoint / Stock-Markets / Stock Markets 2010
By: PaddyPowerTrader
Yesterday was marred by more doom & gloom; not a glimmer of light throughout the European day. It started with China being battered after some alarming downward revisions to the Conference Board’s leading index for China overnight. Other negatives (and take your pick) included:
Wednesday, June 30, 2010
Stock Market What's Next? The Obvious Take / Stock-Markets / Stock Markets 2010
By: Guy_Lerner
The "fat pitch" that was looking good has fizzled into a stinky, foul ball. In all likelihood, we are looking at a bear market.
Tuesday's horrendous and high volume price action has led to a break below our key pivot points. A weekly close below these support levels represents a failed signal. Failed signals generally are a hallmark of a bear market. Thusly, there is significant downside risk.
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Wednesday, June 30, 2010
Stock Market Extremely Negative Session / Stock-Markets / Stock Markets 2010
By: Harry_Boxer
The stock market indices got smacked hard, particularly at the opening when they gapped down big time, dropped sharply right after the opening gap, and did try a snapback rally which failed at initial resistance. That was the best they could do all day.
During the rest of the day they stair-stepped lower, tested, bounced a couple times, but then rolled over in the last hour only to bounce in the last 10 minutes to bring them off the lows, but still an extremely negative day.
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Wednesday, June 30, 2010
Strong Day For The Stock Market Bears... / Stock-Markets / Stock Markets 2010
By: Jack_Steiman
Why? Because the 60-minute charts, which were oversold are no longer oversold, yet there was no upside action as things wound back up. You want to see the market blast up from oversold on those 60-minutes charts. We went from stochastic's below ten to over sixty, yet the S&P 500 wasn't even higher today. Ominous at best. This is what happens in reverse in bull markets. We get overbought yet things unwind with very little price depreciation. With this move showing almost no price movement to the upside the bears have the bulls where they want them. No excuses from here.
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Tuesday, June 29, 2010
How To Handle A Bad Day In The Stock Market / Stock-Markets / Stock Markets 2010
By: David_Grandey
Look at the charts below, Are we closer to support or resistance? Given we are at a support level do you really want to stop out of everything here? Not us. We’ll let the dust settle, manage our positions (of which most all are still intact) and see what happens with support. Then we’ll make some decisions, but not here.
Tuesday, June 29, 2010
Does This Chart Spell Doom for the Stock markets? / Stock-Markets / Stock Markets 2010
By: INO
Make no mistake about it, last week was a very important week for the stock market. Looking on the weekly equity charts, you will see one of the most powerful Japanese candlestick lines. This one line on the chart indicates that there could be some major problems ahead for the stock market.
Tuesday, June 29, 2010
The China Syndrome Has Stock Markets Seeing Red / Stock-Markets / Stock Markets 2010
By: PaddyPowerTrader
European bourses opened in the red Tuesday taking their cue from the Asian action overnight (Shanghai was down 4.3%). Investors were shocked when the Chinese conference board corrected its April gauge for the outlook of China’s economy. The index of Chinese leading economic indicators rose just 0.3% in April, so, far less than the 1.7% previously reported on June 15th due to a “calculation error” thus fuelling fears that the Chinese economy may be slowing at a much faster rate than the central government intended. Read full article... Read full article...
Tuesday, June 29, 2010
Stock Market Downtrend Still Intact / Stock-Markets / Stock Markets 2010
By: Harry_Boxer
The stock market indices ended the day on a sour note, slightly in the negative column, but spent the day vacillating. The day started out with a move down to new lows on the Nasdaq 100; however, the S&P 500 did not confirm that. When that occurred, they staged a strong snapback rally, but could not quite get above the late Friday afternoon's highs, then pulled back in an orderly fashion over the next couple hours. With a couple hours to go, the indices bounced back up to the declining tops line, but couldn't get through, and rolled over the last hour or so, pulling back to close near the afternoon lows.
Monday, June 28, 2010
Stock Market Investor Sentiment Story Continues / Stock-Markets / Stock Markets 2010
By: Guy_Lerner
When we last looked at investor sentiment, I had noted that bearish sentiment (i.e., bull signal) had given way to a more neutral reading. In essence, equities would need to rise on their own merit, and with the fundamental storm clouds gathering - i.e., talk of a double dip recession is escalating -it is not clear to me what the drivers for higher prices will be. Nonetheless, the market's inability to stage a rally at this juncture here is important as failed signals carry significance.
Monday, June 28, 2010
S&P Chart Set Up For Reaction to the G20 Austerity Summit / Stock-Markets / Stock Markets 2010
By: Mike_Paulenoff
Tonight’s Charts of the Week video looks at how the emini S&P chart is set up for overnight trading in reaction to the G20 summit amid concerns that the summit succeeds in creating austerity measures that don’t cripple the economic recovery. It also looks at how key financial stock charts are set up to react to developments in the financial reform bill that could negatively impact these stocks.
Monday, June 28, 2010
An Austere G20 Impresses the Markets For Now / Stock-Markets / Stock Markets 2010
By: PaddyPowerTrader
Markets certainly have slipped into full summer slumber mode this Monday, but to recap on Friday’s action which saw U.S. stocks tread water but managing to marginally trim the biggest weekly S&P 500 drop since May, as banks popped higher after Congress water down the financial-reform bill. JPMorgan, Bank of America and Goldman Sachs led S&P 500 financial shares to a 2.8% percent gain after congressional negotiators agreed on reform that doesn’t ban hedge-fund and buyout-fund investing. Moody’s Corp. surged 6.8% as lawmakers agreed to modify legislation that would have made it easier to sue credit-rating companies. Newmont Mining rose 4.6%as commodities prices gained on a U.S. dollar decline.