Category: Stock Markets 2010
The analysis published under this category are as follows.Tuesday, March 16, 2010
What Can Movies Tell You About the Stock Market? / Stock-Markets / Stock Markets 2010
The following article is adapted from a special report on "Popular Culture and the Stock Market" published by Robert Prechter, founder and CEO of the technical analysis and research firm Elliott Wave International. Although originally published in 1985, "Popular Culture and the Stock Market" is so timeless and relevant that USA Today covered its insights in a recent Nov. 2009 article. For the rest of this revealing 50-page report, download it for free here.
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Tuesday, March 16, 2010
Stock Market Buying The Dip..... / Stock-Markets / Stock Markets 2010
The market started to sell today. Finally!! We started fairly flat but then started heading down with the Nasdaq leading the way, which made sense since it has been the leader on the way up in this bull market. What leads up is the most overbought thus it's likely that it'll lead down to unwind those oscillators. However, a funny thing happened, yet again, when this market tried to sell off. It couldn't stand the selling. Very unusual to say the least. This market was at extreme levels of overbought coming in to today thus when it started to sell it made sense that the selling would stick and it seemed that it would. A few buying attempts were thwarted down by the bears, making today seem as if it would be a trend down day.
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Tuesday, March 16, 2010
Stock Market Constructive Pullback Could Create Buying Opportunities / Stock-Markets / Stock Markets 2010
The S&P 500 hit resistance at 1150 last week and is now pulling back. It's all about the trend channels at this point.
Bottom line this overbought condition when viewing the 60 minute charts gets worked off by either going sideways or a pullback to trend channel support.
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Tuesday, March 16, 2010
When Stock Market Fiction Meets Economic Reality / Stock-Markets / Stock Markets 2010
There is no end to speculation concerning the stock market at present, with everything from credible crash calls to major gold stock rallies lying directly ahead. So the question begs, as fortunes are at stake, which view is correct – which view is fiction and which is reality? In my view, and although more upside might indeed exist for stocks prior to a reckoning (due to the lagged effects of money supply growth), the fiction that has become our reality, which is our fiat currency economy, is now hitting the wall in terms of constraints, which will be the stock market’s undoing.
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Tuesday, March 16, 2010
Indices and Component Stocks Charts Analysis of the Week / Stock-Markets / Stock Markets 2010
In today’s Charts of the Week, we first continue our discussion from last week about the Shanghai Composite Daily as compared to the S&P 500 and the implications for commodities. Then we look at some momentum indices (transportation, technology and financials), and apply Bollinger Band analysis to examine the near-term trends of both these indices and their key component stocks.
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Monday, March 15, 2010
Stock Bulls Winning Market Tug of War / Stock-Markets / Stock Markets 2010
Jon D. Markman writes: Stocks rose briskly last week, resulting in a big week for the major market indexes. Weekly and monthly index charts improved, and such major U.S. stocks as The Boeing Co. (NYSE: BA), Hewlett Packard Co. (NYSE: HPQ), American Express Co. (NYSE: AXP), Google Inc. (NASDAQ: GOOG), Apple Inc. (AAPL), Goldman Sachs Group Inc. (NYSE: GS) and General Electric Co. (NYSE: GE) emerged from flat-lining or faltering price patterns on decent, if not outstanding, volume.
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Sunday, March 14, 2010
Stock Market Bulls Remain in Control! / Stock-Markets / Stock Markets 2010
Last week, bulls dominated the market. Keeping the pressure on the shorts, they did not give anything back – not even and intraday pullback.
The trading pattern of last week was quite simple and elegant
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Sunday, March 14, 2010
Stock Market Upward Trend, No Pullback / Stock-Markets / Stock Markets 2010
This week I would like to pick at least a small fight with one of my favorite columnists, Michael Santoli of Barron's magazine. In his March 15, 2010 column, Santoli used his so-called Mystery Broker to predict a market pullback in the range of about 10%.
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Sunday, March 14, 2010
Stock Market Rally Sustainable For Another 2-3 weeks / Stock-Markets / Stock Markets 2010
Current Position of the Market
Very 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.
SPX: Long-term trend - Up! We are in a medium-term bull market, which is a corrective move within a long term bear
market. This bull market should last until 2011
Saturday, March 13, 2010
Back to Market Fundamentalism, How Champions of Neoliberal Economics are Reversing New Deal Economics / Stock-Markets / Stock Markets 2010
Ismael Hossein-zadeh writes: The “golden” years of the U.S. economy in the immediate post-WW II period, along with the recovery and expansion of the economies of other industrialized countries, afforded the working class of these countries a decent, even middle-class, standard of living. Combined with extensive social safety-net programs such as the New Deal reforms in the U.S. and Social-Democratic reforms in Europe, the economic recovery and high employment rates of that period paved the way for a relatively cooperative relationship between the working and capitalist classes in these countries.
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Saturday, March 13, 2010
Stock Market Discussion..... / Stock-Markets / Stock Markets 2010
It's been quite the run thus far for this market. The S&P 500 made a low at 1045 and began to crawl its way back to the old high at 1151. Step by step and index by index. All of the major indexes clearing their recent highs, but the S&P 500 not quite making the move. The laggard. The market is waiting for the S&P 500 to make that move through to confirm a total market breakout: the Nasdaq, NDX, small caps, mid caps, transports, and so on, already on their breakout. Only the S&P 500 lags behind, but oh so close to making the bulls feel that they’re totally in control of the action.
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Saturday, March 13, 2010
Stock Market Consolidation Session Closes Narrowly Mixed / Stock-Markets / Stock Markets 2010
The stock market indices moved higher in the morning and reached new rally highs but backed off sharply shortly thereafter. The rest of the day they bounced back and forth and vacillated in coil-type fashions, but were not able to make any progress either way, although a late afternoon test of support threatened to break but held.
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Friday, March 12, 2010
The Stock Market Big Dead-Cat Bounce / Stock-Markets / Stock Markets 2010
Doug Hornig, Senior Editor, Casey Research writes: It’s now been a year since the dark days of early March 2009, when, although no one knew it at the time, the stock market hit rock bottom. From there, all of the indexes went on a tear through the rest of the year, moving almost uninterruptedly higher before easing slightly in the first two months of 2010. At this writing (March 5), the Dow is still up 60%, the S&P 500 68%, and the NASDAQ 83%.
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Friday, March 12, 2010
VIX Relative Strength Warning for SPX / Stock-Markets / Stock Markets 2010
This morning the S&P 500 (SPX) popped to a new recovery high above the Jan peak, although it has traded lower since then. It is interesting to notice that while the SPX climbed into new high territory, the cash VIX did not decline to new lows -- either beneath its Mar or Jan lows.
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Friday, March 12, 2010
Stock Market S&P 500 At The Breakout..... / Stock-Markets / Stock Markets 2010
They tried to sell this puppy but it just wouldn't sell. It would have been best to sell a few hundred points on the Dow, and we started in that direction today. but the force of this bull just wouldn't allow for it. The bears came out of the gate defending the close just under S&P 500 1151 with a nice little gap down. It started to run some after trying to claw back to flat and it seemed the selling was finally under way. Some bull markets get silly and just don't allow for too much selling before the buyers rush back in. The S&P 500 was spending most of the day trading slightly under the flat line but as things drew closer to the final bell, the S&P 500 went green and closed right at the breakout with a final print of 1150.
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Thursday, March 11, 2010
S&P 500 Stock Market Trends Forecast for March 2010 / Stock-Markets / Stock Markets 2010
This is a monthly chart for the S&P 500 showing 20 years of performance. Since this index is the one used by professional traders, it is important to understand how it is performing. This chart is also excellent at defining the longer-term trends for the market.
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Wednesday, March 10, 2010
Stock Market Crucial Test Approaching / Stock-Markets / Stock Markets 2010
The rally out of the February intermediate and yearly cycle low has now traveled far enough and long enough that it is due to take a breather. That breather would be in the form of a short term pullback into the mid cycle low.
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Wednesday, March 10, 2010
Stocks Tread Water Awaiting A Fresh Trend Catalyst / Stock-Markets / Stock Markets 2010
US stocks closed a rather modest 0.15% higher Tuesday in a real sea-saw day. Stocks opened lower, but rallied almost 1% in the morning and afternoon before selling off dramatically into the close. Stocks held onto their gains, but a low volume morning advance on no news was turned around on the highest volume of the day which came to the downside. This is a microcosm of what we have seen in recent months – low volume ascent and high volume descent.
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Wednesday, March 10, 2010
The End of the Stock Market Recovery? / Stock-Markets / Stock Markets 2010
I received an interesting e-mail the other day that sheds some light on the current state of investor psychology. He writes, “I hear from a hedge fund and analyst friend that most major cycle work tops out from this coming week thru April and [he says] it’s THE top. One he sites is the Bradley model which shows a devastating drop beginning after next week into October of this year to roughly Dow 6,500. Looking back all the way to 1900 chart of market I've never seen a major top without breadth deteriorating for many months or even a year or more before a major bear.”
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Wednesday, March 10, 2010
Where’s The Volume to Confirm The Stock Market Rally? / Stock-Markets / Stock Markets 2010
The volume of share trading for key index funds is going down while the price is going up. Should we say the smart money is quietly accumulating shares, or should we say that the smart money is on the sidelines while the dumb money pushes prices higher?
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