Category: Stock Markets 2013
The analysis published under this category are as follows.Wednesday, May 08, 2013
Stock Market Top Final Resolution / Stock-Markets / Stock Markets 2013
There are a couple of ways to label the final resolution of the top. This is the simplest and probably the most accurate. It appears that SPX may have just completed a Minute Wave [iii] and is likely to pull back as far as 1600-1605.
Read full article... Read full article...
Wednesday, May 08, 2013
Dow 15,000, 16,000 by Friday? / Stock-Markets / Stock Markets 2013
Shah Gilani writes: The Dow Jones Industrial Average, the world's most famous stock index benchmark, easily smashed through 15,000 yesterday, reaching a new record high of 15,056.20.
Excited stock market bulls think the Dow's march to 16,000 won't take nearly as long.
Read full article... Read full article...
Tuesday, May 07, 2013
How Copper Prices Suggest Stocks Are Priced Too High / Stock-Markets / Stock Markets 2013
George Leong, B.Comm writes:
The S&P 500 traded at another record high last Thursday, and there appears to be no stopping the bullish investor sentiment that has encapsulated the stock market.
Yet, while the stock market gains are great for the bulls, I still have an issue with the rate of the stock market rally. Simply stated, it’s just a bit too fast, too quick.
Tuesday, May 07, 2013
Major Warning Signs Stock Market Investors Should Not Ignore / Stock-Markets / Stock Markets 2013
The market is beyond overstretched at this point on a short-term, intermediate term, and long-term basis. The sheer number of warning signals is staggering.
The blow off top out of the rising wedge pattern we noted before is rolling over indicating this is likely a false breakout:
Read full article... Read full article...
Monday, May 06, 2013
Missed Opportunity For Stock Market Bears / Stock-Markets / Stock Markets 2013
Current Position of the Market
SPX: Very Long-term trend - The very-long-term cycles are in their down phases, and if they make their lows when expected (after this bull market is over), there will be another steep decline into late 2014. However, the severe correction of 2007-2009 may have curtailed the full downward pressure potential of the 40-yr and 120-yr cycles.
Intermediate trend - SPX has again delayed is intermediate correction. A new potential target price provided by P&F chart analysis has been set for the top.
Read full article... Read full article...
Saturday, May 04, 2013
Stock Market Breaking Out....Not A Rousing Push Up After The Open....... / Stock-Markets / Stock Markets 2013
The masses thought it couldn't happen. That is, wouldn't happen. How can we make an important breakout when you see all these poor-economic reports? Also, it's normal for a market to double or triple top and then crater back down, isn't it? There was a lot of big money that was against the Jobs Report this morning. Many were thinking the number could actually come in negative. In fact, in front of the report pre-market, the futures were slightly lower, so the bulls weren't exactly displaying enthusiasm. They weren't sure and who could blame them.
Read full article... Read full article...
Friday, May 03, 2013
Stock Market Preparing for Pullback, Buy Bad News, Sell the Good / Stock-Markets / Stock Markets 2013
The SP500 remains in a strong uptrend, but the index has posted a sizable gains for 2013 thus far so it’s only logical that a pullback within this bull market takes place sooner than later.With May now upon us and historically prices fall more times than not I feel a 3-4 weeks correction is on the verge of starting. This Friday we just had very strong economic numbers confirming the economy is recovering. This news has sent stocks sharply higher as shorts cover their positions and investors who are not yet long get into position to profit from higher prices.
Read full article... Read full article...
Thursday, May 02, 2013
Dr Doom, Nouriel Roubini Finally Turns Bullish on Stocks / Stock-Markets / Stock Markets 2013
George Leong writes: Economist Nouriel Roubini, also known as Dr. Doom, is finally on board with the stock market upswing; in fact, he believes the stock market can go even higher over the next two years.
Now, if you are familiar with the often bearish opinions of Roubini, you’ll know that his hawkish view of the stock market is somewhat bizarre, but you’ll also understand why he thinks this way.
Read full article... Read full article...
Thursday, May 02, 2013
The Good, the Bad, and the Ugly of U.S. Stocks In Jagged U.S. Economy / Stock-Markets / Stock Markets 2013
Mitchell Clark writes: Get ready for a stock market shakedown. It’s coming. It’s overdue.
I’m not as worried about blue chips. It’s the smaller companies that are all over the place, both operationally and on the stock market.
The lack of uniformity in smaller company sales and earnings exemplifies the jagged state of the U.S. economy. There is no rising tide to lift all boats, that’s for sure. But here are three companies that highlight the good, the bad, and the ugly in this jagged economy.
Tuesday, April 30, 2013
Stock Market Trying For The Old Highs...Not Quite...A Whisker Away / Stock-Markets / Stock Markets 2013
Did we top out today? We basically made a double top at 1597 with a print of 1596 today. That's a double top if ever I saw one. It would be a natural thought to think that it's all over now for the market. It's possible that it was a double top and down we go from here, or we could just as easily hang in there quite well ahead of that massively important ISM Manufacturing Report headed this was early Wednesday, just thirty minutes into the trading day. It would make sense for the market to be more-quiet-than-not tomorrow as it decides what to do based on that very report. No one knows what it will be, but if it repeats last month performance, we're in trouble as the economy took a bad nose dive with the reading falling from near 55.0 down to the 51's. Another move like that and we're in recession. Will the number be able to reverse back up?
Read full article... Read full article...
Monday, April 29, 2013
Time to Jump On or Fall Off the Stock Market Bandwagon? / Stock-Markets / Stock Markets 2013
Mitchell Clark writes: If corporate earnings are coming in as expected and first-quarter revenues are light, the one thing that is very noticeable is the continuing improvement in balance sheets.
Cash and cash equivalents continue to see increases, and shareholders’ equity is going up. The result of all this continues to be corporations becoming highly reticent to invest in new operations.
Sunday, April 28, 2013
Stock Market Rally on Steriods (Except for China) / Stock-Markets / Stock Markets 2013
Courtesy of Doug Short: The worldwide rally continued last week. Seven of the eight indexes on my watchlist posted big gains. The lone loser was the Shanghai Composite, down three percent (2.97% to be precise). How well did the other indexes perform? Well, the average of the seven winners was a three percent increase (2.99% at two decimal places). Germany’s DAXK was the top finisher, up 4.5%. France’s CAC 40 and Japan’s Nikkei also finished with gains of more than four percent. The S&P 500′s 1.74% gain was only good enough for sixth place. That was quite a week, thanks to hopes of more central bank intervention.
Read full article... Read full article...
Friday, April 26, 2013
How to Play the Disconnect Breakout Dow Industrials and Transportation Stocks Breakout / Stock-Markets / Stock Markets 2013
Mitchell Clark writes: The Dow Jones Transportation Average experienced a powerful breakout this past December. And it’s been a stealth rally ever since, with an expansion in valuations, not earnings.
The stock market’s strongest sector over the past few months has been transportation stocks, which have been much stronger than technology stocks or the S&P 500 companies. Even though it doesn’t seem real, leadership in the Dow Jones Transportation Average is a classic stock market sign.
Friday, April 26, 2013
What Happens When Stock Market Liquidity Disappears? / Stock-Markets / Stock Markets 2013
ZeroHedge reports on the 4th Qtr. GDP release, “Less than an hour ago we speculated that "it wouldn't be surprising for GDP to come substantially weaker than expected, only to be revised higher (or lower) subsequently." Sure enough, we have gotten at least the first part right for now, with the advance Q1 GDP number printing a very disappointing 2.5%, on expectations of a 3.0% increase, up from 0.4% in Q4, and the biggest miss since Q3 2011. The reason for the big miss: Inventory and Fixed Investment came well below expectations, comprising 1.03% (of which autos represented 0.24%) and 0.53% of the 2.5% annualized increase GDP. Kiss the great CapEx investment story goodbye.”
Read full article... Read full article...
Friday, April 26, 2013
Barrons Turns Bullish, TIme to Cash in Your Stock Market Chips? / Stock-Markets / Stock Markets 2013
We don't like the looks of it...
Advisors are too bullish. Investors are too complacent. The financial authorities are too confident.
All up and down Wall Street... in central banks and in Washington... the stuff that goeth before the fall is thick, sticky and stinky.
Read full article... Read full article...
Thursday, April 25, 2013
Stock Market to Follow Gold's Example? / Stock-Markets / Stock Markets 2013
The markets rallied hard yesterday, thanks to promises of more from Europe. However, the global economy is once again contracting with the bad data coming out of both China and Germany: two of the biggest exporters in the world.
With that in mind, the S&P 500 looks as though its initial jump to the upside from its rising wedge pattern could have been a false breakout: a move was not sustained. These developments are usually followed by VIOLENT swings in the opposite direction.
Read full article... Read full article...
Tuesday, April 23, 2013
S&P 500 Showing a Top Formation At 1597 / Stock-Markets / Stock Markets 2013
The S&P500 fell sharply last week from 1597, finding support around 1536 from where we have seen 20 point rally on Friday. Notice that market reversed from swing lows made in early April that caused a recovery towards the 1565/1575 Fibonacci resistance area. We believe that this pull-back represents a wave 2/B, as we labeled a decline from 1597 as a leading diagonal in wave 1/A.
Read full article... Read full article...
Monday, April 22, 2013
Returning U.S. Dollar and the S&P 500 Relationship / Stock-Markets / Stock Markets 2013
During the 1980s and 1990s, the U.S. dollar and the S&P 500 moved in near parallel trends. This relationship was particularly close from 1995 to 2000. This five year stretch produced some of the highest performance from both securities. Yet when the dollar started to fall in 2002 that relationship was broken until 2009.
Throughout the 1980s and 1990s, the US$ and the U.S. index steadily advanced together. However, this 20-year period represented a challenging time for commodities as a higher dollar forces natural resource prices lower.
Read full article... Read full article...
Monday, April 22, 2013
Dramatic Shifts in Stock Market Equity Fund Money Flows / Stock-Markets / Stock Markets 2013
We’ve been tracking the differential flows between US domestic and international or global equity mutual funds since 2002 with Investment Company Institute Data. The shifts since the 2008 crash have been dramatic, as shown in this chart:
Read full article... Read full article...
Monday, April 22, 2013
Waiting for the Stock Market SPX to Break Key Support / Stock-Markets / Stock Markets 2013
Current Position of the Market
SPX: Very Long-term trend - The very-long-term cycles are in their down phases, and if they make their lows when expected (after this bull market is over), there will be another steep decline into late 2014. However, the severe correction of 2007-2009 may have curtailed the full downward pressure potential of the 40-yr and 120-yr cycles.
Intermediate trend - SPX has started an intermediate correction.
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer market trends.
Read full article... Read full article...