Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Sunday, June 05, 2011
Stock Market Close to a Bottom / Stock-Markets / Stock Markets 2011
A holiday shortened week was no help to the market this week as the SPX/DOW declined 2.3%. This was the biggest weekly decline since the 2.2% decline in November. On the economic front decliners beat advancers two to one. The negatives included declines in Case-Shiller (a new low), the Chicago PMI, Consumer confidence, ISM manufacturing, ADP, monthly Auto sales, Factory orders, the WLEI, and the Payrolls report. The Unemployment rate rose.
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Saturday, June 04, 2011
ISM...Jobs...Economy Spiraling Down... Stock Market Simply Correcting.... / Stock-Markets / Stock Markets 2011
There is a lot of bad news out there folks. It wasn't too long ago that we saw good economic reports coming in with regards to expansion. The market was responding with a big move up courtesy of fed Bernanke. The machine turning all day long allowing for massive liquidity to be flooded into the system. This is the reason the market had been doing so well without question. No arguments on this front. Liquidity equals higher stock markets. Just the way it is. Whether it's real or not is not the question here. What matters is what takes place in the market. The market loved the massive amounts of liquidity being thrown around by our fearless fed leader. Now the news is changing despite the influx of massive quantities of cash.
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Saturday, June 04, 2011
Will The Fed Push Its Magic Money Printing Button Again? / Stock-Markets / Financial Markets 2011
It was another week of shockingly negative economic reports, which you might think has Wall Street economists worried that the economy is running into something more than just a brief soft patch (their popular term of recent weeks).
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Saturday, June 04, 2011
Gold and Silver Investor Antidote to Fed Cheap Loans to Mega Bankers / Stock-Markets / Financial Markets 2011
“Credit Suisse Group AG (CS), Goldman Sachs Group Inc. (GS) and Royal Bank of Scotland Group Plc (RBS) each borrowed at least $30 billion in 2008 from a Federal Reserve emergency lending program whose details weren’t revealed to shareholders, members of Congress or the public…
They paid interest rates as low as 0.01 percent that December, when the Fed’s main lending facility charged 0.5 percent…
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Friday, June 03, 2011
The Stock Market Good, the Bad, and the Ugly... / Stock-Markets / Stock Markets 2011
That's what we will look at this morning ...
Three charts, Three conditions ... Good, Bad, and Ugly which describe WHAT is happening in the market today.
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Thursday, June 02, 2011
Insider Trading: “You Can’t Regulate Uncertainty” / Stock-Markets / Market Manipulation
On May 11, hedge fund billionaire Raj Rajaratnam was found guilty by a federal jury of engaging in a seven-year conspiracy to trade on illegal tips from corporate executives, bankers, and consultants. In a Conversations with Casey interview with Senior Analyst Louis James, here are Doug’s no-holds-barred musings on insider trading and the SEC.
Louis James: So, Doug, what’s your take on Raj Rajaratnam’s conviction?
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Thursday, June 02, 2011
Stock Market Sentiment At Extreme Panic Levels / Stock-Markets / Stock Markets 2011
It was a crazy session as the stock market slid over 2% on heavy volume. This type of price action means fear has taken control of masses and they are unloading (selling their stocks) in anticipation of much lower prices.
Trading off extreme levels of fear can be very rewarding if done right. That’s because fear is the most powerful reaction we as humans have and it’s somewhat predictable. Fear can make people do crazy and or stupid things and it’s these extreme reaction which investors do in the market that lead to great trading opportunities. Buying into fear and selling into greed is what I focus on.
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Thursday, June 02, 2011
ISM...ADP Jobs Blind Side Stock Market.... / Stock-Markets / Stock Markets 2011
Manufacturing and jobs. The market has been watching these economic indicators and noticing that they seem to be holding up through the efforts of QE 1 and QE 2 from fed Bernanke. It's not that they have been so good. It's just that they have held up fairly well over the past several months. Today the market got blind sided two times. First, the futures fell from flat to roughly 40 on the Dow when the ADP Jobs Report, the precursor to the big report on Friday, came out and showed a dramatic drop in new job creation. Not good at all. Then the market got slammed.
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Thursday, June 02, 2011
Why U.S. Military Adventures Matter to Investors / Stock-Markets / Financial Markets 2011
David Galland, The Casey Report writes: Recently, I read a book titled The Good Soldiers that also serves as an object lesson in the disconnect between what's going on in Washington D.C. and reality. It was written by David Finkel, a Pulitzer-winning author, and it came to me via a friend who is going through a stage where she feels drawn to books about war, mostly about World War II. Showing flexibility, her interest has expanded to the ongoing conflict in Iraq - the theater of operations that serves as backdrop for The Good Soldiers.
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Thursday, June 02, 2011
Corporate Earnings Will Follow The Economy – Down! / Stock-Markets / Corporate Earnings
There is no credible argument anymore that the U.S. economic recovery is intact and only running into a brief slow patch. And a significantly weaker economy cannot support current earnings forecasts. Those are appalling conditions for an overbought stock market.
Wall Street has yet to begin downgrading its S&P 500 earnings forecasts, and probably won’t begin to any degree until its unavoidable, a couple of weeks before 2nd quarter earnings reports begin coming out.
Tuesday, May 31, 2011
Bullied Stock Markets Make Case for Mid-Cap Growth Stocks / Stock-Markets / Stock Markets 2011
Jon D. Markman writes: The markets may have been bullied a bit recently, but the way things are shaping up makes a solid case for mid-cap growth stocks.
Markets rolled modestly higher on Friday ahead of the Memorial Day weekend as bulls once again shrugged off some bad data points on the economy and focused on some good news. But for the week and month, stocks were down across by the board by as much as 2.5%.
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Tuesday, May 31, 2011
Stock and Financial Markets Stormy Weather / Stock-Markets / Financial Markets 2011
US equity markets had continued to benefit from export driven bottom line growth, but are now sagging on hesitancy about the US domestic economy ahead of QEII buoyancy drying up in June. The Dollar decline that allowed export strength has also boosted US import costs. This could mean a modest US summer driving season unless recent declines in oil prices continue.
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Tuesday, May 31, 2011
Stock Market Continues to Consolidate / Stock-Markets / Stock Markets 2011
Very Long-term trend - The continuing strength in the indices is causing me to question whether we are in a secular bear market or two consecutive bull/bear cycles. In any case, the very-long-term cycles are down and, if they make their lows when expected, there will be another steep and prolonged decline into 2014-16.
Long-term trend - In March 2009, the SPX began a move which evolved in a bull market. Cycles point to a continuation of this trend for several more months.
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Tuesday, May 31, 2011
Robert Prechter - Last Chance to Get My Forecasts for Every Major World Market! / Stock-Markets / Financial Markets 2011
Until May 31st, Elliott Wave International is offering the current issue of Robert Prechter's Global Market Perspective, free! This global publication covers every major world market, including global stock and interest rate markets, gold, silver, crude oil, and currencies. It’s FREE until May 31. Download Global Market Perspective NOW.
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Tuesday, May 31, 2011
Stock Market Bearish Whispers / Stock-Markets / Stock Markets 2011
I am not interested in shorting the stock market at this time. There is no confirmation that "the" top of the cyclical general equity bull market is in. This bull market is within the context of a secular equity bear market, which is far from over. When viewed in Gold terms (i.e. priced in Gold), this secular general equity bear market is deflationary. People still argue whether or not this bear market will end up being inflationary or deflationary when priced in U.S. Dollars.
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Tuesday, May 31, 2011
Stock Market Bearish Whispers / Stock-Markets / Stock Markets 2011
I am not interested in shorting the stock market at this time. There is no confirmation that "the" top of the cyclical general equity bull market is in. This bull market is within the context of a secular equity bear market, which is far from over. When viewed in Gold terms (i.e. priced in Gold), this secular general equity bear market is deflationary. People still argue whether or not this bear market will end up being inflationary or deflationary when priced in U.S. Dollars.
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Monday, May 30, 2011
Stock Market Memorial Weekend Update! / Stock-Markets / Stock Markets 2011
I want to get this out early this weekend so I can enjoy the Holiday break. The chart is pretty self-explanatory. I’d like to think we will see a breakout of the regression channel and a break above the neckline again early next week.
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Monday, May 30, 2011
Stock Market and Gold in the Land of Chop / Stock-Markets / Financial Markets 2011
The markets went nowhere in a pretty flat week, they closed virtually where they opened, so no real clarity on the market direction, although we were working a few ideas going into last week, we think we are getting closer to a potential pattern or 2 patterns that should lead the way higher and see more upside from here.
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Sunday, May 29, 2011
Stock Market Clues in Vertical Credit Spreads and the Russell 2000 / Stock-Markets / Stock Markets 2011
Before discussing why I think the S&P 500 may be setting up to rally I have to discuss an options strategy that often times is overlooked. Besides writing covered calls and cash-secured naked puts (same risk profile by the way), one of the most basic spread constructions available to option traders is the vertical spread.
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Sunday, May 29, 2011
Stock Market Bottoming Soon / Stock-Markets / Stock Markets 2011
Another choppy week in the US stock market that led to the fourth consecutive, albeit small, weekly loss. On the economic front positive reports outpaced negatives 8:5. On the negative side: durable goods orders, pending homes sales, the M1-multiplier, and the WLEI declined; while weekly Jobless claims rose. On the positive side: we had increases in new homes sales, the FHFA housing index, PCE prices, the monetary base and consumer sentiment. Remaining positive were Q1 GDP and personal income/spending.
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