Category: Financial Markets 2013
The analysis published under this category are as follows.Monday, February 04, 2013
Adding Perspective To The U.S. Dollar, Bonds and Stocks / Stock-Markets / Financial Markets 2013
I go back almost six decades and that allows me to compare what I experience now with things I experienced fifty years ago. In the countries I travel in it takes close to US $100 to fill up a gas tank. By comparison I seem to recall that in 1970 I spent US $5.00 to do the deed. I also seem to recall that governments talked about “millions” when they discussed things, and that increased to the hundreds of millions when Viet Nam was in full bloom and Nixon took the helm. Things pretty much stayed that way until Reagan took over and then the term “billion” began to receive attention. Slowly we moved from tens of billions to hundreds of billions as the US moved from the first Iraq war to the second Iraq war in a search for those elusive weapons of mass destruction.
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Monday, February 04, 2013
A Tidal Wave of Capital Dry Powder for an Explosive Move Higher / Stock-Markets / Financial Markets 2013
Shah Gilani writes Not only is the market rally on, but trigger-happy bankers and private equity wheeler-dealers are about to send it even higher.
The reason is simple: There are trillions of dollars of cash just sitting on the sidelines looking for a deal.
That means deal action-of all kinds-is about to get white hot.
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Saturday, February 02, 2013
Investor Critical Baseline Money Printing Realities / Stock-Markets / Financial Markets 2013
"Money printing creates illusory wealth and buys time, but if it was truly the answer to a deleveraging cycle, Zimbabwe would be a member of the G10."
David Rosenberg, Gluskin Sheff, 1/29/2013
Cleansing all the Recovery Hype off one’s Boots, it is well to remember the Key and Threatening Baseline Reality which David Rosenberg notes.
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Thursday, January 31, 2013
Doug Casey's Current View of the World / Stock-Markets / Financial Markets 2013
Doug Casey's latest book, Totally Incorrect, gathers his iconoclastic views in a tidy package to stimulate and possibly dismay readers. In an interview with The Gold Report, Doug elaborates on some of his most radical ideas and offers his view of where the markets are likely to head in 2013.
The Gold Report: Doug, you have a new book out called Totally Incorrect: Conversations with Doug Casey. In one of those incorrect conversations with Louis James you said, "It's not the US economy that's facing a fiscal cliff, it's the US government. People equate government with the economy. They are entirely two different things. The only way to revitalize the US economy is through both vast reductions in taxes and vast reductions in government spending. Instead, these idiots are arguing over how much to raise taxes and how little they can cut spending." Now that we have avoided parts of the fiscal cliff and delayed addressing other parts, what are your observations?
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Saturday, January 26, 2013
Stock and Commodity Market Price Consequences of Competing 2013 MegaForces / Stock-Markets / Financial Markets 2013
The Market Price of virtually any Asset is arguably primarily a result of Competing Forces.
But 2013 is Unique in that there are Especially Strong Forces impelling many markets up. And there are especially Strong Forces impelling markets Down, Catastrophically Down.
So we evaluate the prospective results of this “ Force Competition” and Forecast accordingly as follows:
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Friday, January 25, 2013
Marc Faber - Markets Will Punish Keynsian Interventionists / Stock-Markets / Financial Markets 2013
Marc Faber, publisher of the Gloom, Doom & Boom Report, told Bloomberg TV's Betty Liu on "In the Loop" today that "regardless of what the markets do, near-term, a correction is overdue" on the S&P.
Faber also said: "The only thing I know is one day the markets will punish the interventionists, the Keynesians and the monetary policy that the Federal Reserve and ECB has enforced because the markets will be more powerful one day. How will this look like? Will the bond market collapse or equity markets become a bubble, which would be embarrassing for the Fed's sake if the U.S. market became a gigantic bubble and at the same time the economy does not recover."
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Thursday, January 24, 2013
AMEX Gold Bugs Index and Stock Market Trend Forecast 2013 / Stock-Markets / Financial Markets 2013
The daily chart of the Gold Miner's Bullish Percent Index is shown below, with the HUI denoted in green. The ratio has fallen below 28, which now has put the HUI into an extremely oversold state, which suggests a breakout move is looming. Full stochastics 1, 2 and 3 are shown below in order of descent, with the %K at 0 in 1 and 2 and beneath the %D in 3. This is the most oversold condition that gold stocks have been at since 2008...most people who have sold gold stocks are out, so when some “event” acts as a spark near a pile of dry sawdust, it explodes...in our case, to the upside. Four months of downside in the HUI after a two month relief ally of seeing 12 months of downside has built a powerful case for a huge move to the upside. When this move happens, it will be very sharp, so be prepared.
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Wednesday, January 23, 2013
Stock Market Soothsayers, Naysayers And Ostriches / Stock-Markets / Financial Markets 2013
January 2013, US stock markets are at record highs, the volatility index, the VIX, is as quiet as a dormant caldera and hope the US economy is recovering is growing again as it has every January since 2010.
Dow, S&P close at five-year highs; VIX plunges near 12 CNBC, January 18, 2012
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Tuesday, January 22, 2013
New Record-Highs Everywhere with Stocks—Gold Almost Ready to Move / Stock-Markets / Financial Markets 2013
There is no uniformity to business conditions in both the U.S. economy and the rest of the world, I’m making a conscious effort to attribute less weight to the major stock market indices and more to individual companies and their specific business conditions. I hate to say it, but the main stock market indices can be quite misleading, and one company can skew the index (like Apple Inc. [NASDAQ/AAPL] when it was at its high).
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Tuesday, January 22, 2013
These Popular Delusions Could Cost Investors Fortunes in 2013 / Stock-Markets / Financial Markets 2013
The markets are closed today in observance of Martin Luther King, Jr. day.
With that in mind, we’re stepping back from our usual daily analysis of the markets to address the big picture for the investment landscape in 2013.
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Monday, January 21, 2013
The Most Important Investment Report You'll Read This Year / Stock-Markets / Financial Markets 2013
Dear investor,
Consider yourself warned.
The global market outlook is far less rosy than the emperors-minus-their-clothes would have you believe.
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Tuesday, January 15, 2013
Technical Traders Charts for Dollar, Stocks, Gold, Oil and Bonds / Stock-Markets / Financial Markets 2013
Yesterday’s trading session played out exactly as posted in the morning chart update. Today will be a different story from the looks of it as the dollar index looks to be putting in a bottom and that has the SP500 down 0.40% this morning. It may trigger our first entry point to let long stocks today.
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Tuesday, January 15, 2013
The State of the Global Financial and Commodity Markets 2013 / Stock-Markets / Financial Markets 2013
Dear investor,
Consider yourself warned.
The global market outlook is far less rosy than the emperors-minus-their-clothes would have you believe.
- Global stocks are near multi-decade, technical price junctures.
- Regional economies recently said to be "recovering" are now slipping back into recession.
- Despite a multi-year rally in stocks, the AP reported on Dec. 27 that mainstream investors are selling shares at breakneck pace. "It's the first time ordinary folks have sold during a sustained bull market since relevant records were first kept during World War II."
Monday, January 14, 2013
Rebuild Me a Financial Crisis, One Dollar at a Time / Stock-Markets / Financial Markets 2013
For the first time since 2007 the book value of the largest U.S. home builders is set to post an annual increase. This suggests that after a lost decade*, the worst is finally over.
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Monday, January 14, 2013
Two of the Biggest Problems In the Financial System Will Hit in 2013 / Stock-Markets / Financial Markets 2013
This week is options expiration week: the week in which various call and put positions will expire. Wall Street is notorious for using these weeks to gun the markets this way and that in order to insure that the greatest number of puts and calls expire worthless. So expect the market to be even more volatile than usual this week.
Outside of this, the investment world is slowly emerging from its Central Bank policy induced stupor to realize two of our long-standing themes:
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Monday, January 14, 2013
Gold, Stocks, Oil and Gas Trend Analysis and Trading Signals / Stock-Markets / Financial Markets 2013
Gold and gold miner stocks have underperformed in 2012 disappointing most traders. That being said it has traded in a large sideways range since September 2011 and remains stuck in this range as of this week. Investments trading sideways are not my preferred investment of choice because some commodities and stocks for that matter can trade sideways for years before making another bull market rally.
That being said in the last six months gold has started to show life that a new bull market may be starting. 2013 is starting to look as though gold, silver and precious metals miners could lead the market higher if they can break out of their basing patterns. Until we get more bullish price action I am not planning to get long.
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Saturday, January 12, 2013
Markets Awaiting Test of Support in Determining Future Direction / Stock-Markets / Financial Markets 2013
For the week ending January 11, 2013, the SPX was up 0.4%, the Russell small caps were up .2% and the COMP was up 0.8%.
We remain waiting for a test of model support in determining future market direction. Support can be tested in one of two ways, through a pullback or sideways price consolidation. Whichever method the market chooses, support will be tested. And it is at that test of support where the market will show whether a long will trigger or resumption of the previous downtrend.
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Tuesday, January 08, 2013
Federal Reserve Shocks the Market; How to Protect Your Wealth 2013 / Stock-Markets / Financial Markets 2013
Sasha Cekerevac writes: According to the minutes from the Federal Reserve meeting on December 11–12, it now appears highly likely that the aggressive quantitative easing policy might end sooner than most people had expected. This is a shock to many market participants who had expected an extended period of time under the current quantitative easing policy by the Federal Reserve.
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Tuesday, January 08, 2013
Gold, Dollar Forecasts 2013, Leaping Over the Fiscal Cliff Towards the Debt Mountain / Stock-Markets / Financial Markets 2013
Sidetracked by the discussion over the “fiscal cliff” and possibly a New Year’s hangover, it’s time to face 2013 in earnest. Is the yen doomed? Will the euro shine? What about Asian and emerging market currencies? Will gold continue its ascent? And the greenback, will it be in the red?
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Monday, January 07, 2013
U.S. Fed Showing Financial Fear / Stock-Markets / Financial Markets 2013
Have you heard about the Fed's 180 degree turn?
Think about one of those movie scenes when the leading man does all he can to defeat the big, bad enemy -- punches, kicks, slams, stabs, shoots -- but the bad guy just won't go down. In fact he doesn't even look fazed.
That's when the protagonist really starts to worry.
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