Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Tuesday, January 11, 2011
Why Wall Street's Record Performance Spells Danger For Investors / Stock-Markets / Stock Markets 2011
Martin Hutchinson writes: When U.S. taxpayers bailed out Wall Street back in 2008, the consensus was that this Main-Street-led handout would bring down the curtain on a 25-year stretch of rampant - and too often reckless - speculation.
But that hasn't been the case.
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Monday, January 10, 2011
Investment Markets Outlook 2011 / Stock-Markets / Financial Markets 2011
EQUITY MARKETS
After two strong years equity markets are sitting in a slightly overbought status. Technical indicators are flashing 'pause' and sentiment indicators are in areas which usually precede a correction. Looking back over some historical indicators there is reason to be bullish for 2011.
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Monday, January 10, 2011
Germany EWG ETF in Bullish Digestion Period / Stock-Markets / European Stock Markets
Although the iShares MSCI Germany Index ETF (EWG) has experienced a 5-6% decline during the past week, my pattern analysis argues that all of the action off of the Nov 4 high at 24.92 represents a sideways, bullish digestion period. When complete this should resolve in another thrust to the upside that projects to 27.00-plus in a resumption of the larger bull leg off the May 2010 low at 17.97.
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Monday, January 10, 2011
Top 3 Investment Threats and Opportunities for 2011 / Stock-Markets / Investing 2011
2011 is just underway, and already, confusion reigns. My mother fell on her head at Machu Picchu and some kid in Arizona killed some decent folks in Arizona. My dog is in heat and its summer in Lima. See what I mean?
Ten days into the new year, there has rarely been a time when market commentators have been so thoroughly polarized in terms of the prospect for the immediate future. While the range of optimism to pessimism is exactly as broad as ever, the camps are crowded at either extreme of the scale, with the middle viewpoint, moderate and/or ambiguous, virtually uninhabited.
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Monday, January 10, 2011
Europe, Spain and China Setting up Short Plays / Stock-Markets / Stock Index Trading
Worry over European sovereign debt puts pressure on global stocks. We talked last week about opportunities developing in specific country ETFs on the upside, but the Portugal sovereign debt news today is putting some pressure on stock prices overseas. Europe ETF IEV broke below support at $38.60 today inviting the short sellers to take advantage of the downside risk.
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Monday, January 10, 2011
Stock Market Bulls Have Bears on the Run Despite Poor Unemployment Report / Stock-Markets / Stock Markets 2011
Jon D. Markman writes: Stocks survived a big test of the winter rally on Friday as they finished a positive week with mild losses.
The Friday session featured a report on non-farm payrolls that came in worse than expected, but not egregiously so. Energy, industrials and utilities fared the best, while financials and telecoms slipped the most. Treasuries blew higher across the board, showing again why we always say that the bonds love misery.
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Monday, January 10, 2011
How to Find Bottoms for the SP500, Dow, Nasdaq and Russell 2K / Stock-Markets / Stock Markets 2011
It was a great first week in the market for 2011. Volume picked up as traders slowly return from holidays focusing on the markets again. Looking forward volume should continue to expand because there will be more traders in front of their terminals excited to see what type of money they can make in 2011.Read full article... Read full article...
Monday, January 10, 2011
THE EWI ARGUMENT: A Critical Analysis of Robert Prechter and Elliott Wave International (March 2009-Present) / Stock-Markets / Elliott Wave Theory
SUMMARY
In this article I analyze the recent work of Robert Prechter’s “Elliott Wave International”, evaluating it in terms of the quality of epistemology, methodology, data integrity, interpretation, conclusions, recommendations and results. The analysis is limited in scope to the equities markets since March of 2009. Because of time constraints, counterpoints to much of the EWI argument can only be partially developed here, but I hope to give them a much fuller treatment in my forthcoming book, tentatively entitled, "Apocalypse Not Yet: Wave V and the End of Financialism".
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Monday, January 10, 2011
Stock Market Elliott Wave Analysis and Forecast for Week Starting 10th Jan / Stock-Markets / Stock Markets 2011
2011 was off to a good start as equities rallied and economic reports improved. Both the Payrolls report and ADP showed increases in employment, and the unemployment rate dropped. Auto sales, factory orders, construction spending, ISM services/manufacturing, consumer credit, M1-multiplier, and the WLEI all continued to improve. The only negatives were a slight increase in weekly jobless claims and a decline in the monetary base. The market responded with a new uptrend high at SPX 1278, extending the uptrend into its six month. For the week the SPX/DOW were +0.95%, and the NDX/NAZ were +2.30%. Asian markets gained 0.5%, European markets gained 0.1%, the Commodity equity group was flat, and the DJ World index was flat. Bonds gained 0.2%, Crude lost 3.3%, Gold slid 3.7%, and the USD gained 2.7%. Next week will be highlighted by the FED’s Beige book, Retail sales and the CPI/PPI.
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Monday, January 10, 2011
Stock Market Current Trend and Turning Point / Stock-Markets / Financial Markets 2011
There is nothing complicated or confusing about the current market trend(s). Let's go directly to the SPX Daily Chart, and I'll show you why.
This is a linear chart, with only the closes and not the intra-day highs and lows, making it easier to see the trends. Note that the various trends are all confined to channels which are all labeled according to their time span.
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Monday, January 10, 2011
Stock Market Investor Sentiment Reaches Extremus Maximus / Stock-Markets / Stock Markets 2011
When it comes to investor enthusiasm for this market, there is only one thing I can say: even the extremes have become extreme. This is an high wire act -without a safety net - that I have chosen not to play. The rare exception to too many bulls is that "it takes bulls to make a bull market", and under such conditions, the markets just continue higher despite the wildly bullish sentiment readings. Think 1995, 1998/99, 2003 and 2009 when the extreme bullish sentiment readings didn't see the market correct but just continue higher. Even if this is the scenario that is developing, investor sentiment is at a level of bullishness -extremus maximus - where a pullback in price is usually seen.
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Sunday, January 09, 2011
Global Stock Market Cycle Forecast 2011 / Stock-Markets / Stock Markets 2011
The job of a stock market cycle tracker and forecaster is far more difficult with trillions of dollars in government intervention and global central bank quantitative easing sloshing around global markets. The liquidity is bidding up everything from oil to coffee to corn, but the cyclical stock market picture is clearing up. There is both good news and bad news regarding global stock market cycles for 2011. It is always better to get the bad news off your chest first, so let’s dispense with the bad news, and move on to the good news.
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Sunday, January 09, 2011
Stock Market SPX Repelled by Cycle Top Resistance / Stock-Markets / Financial Markets 2011
The FDIC Starts off a New Year.
The FDIC Failed Bank List announced two new bank closures this week. A subscriber sent me this video on the IndyMac Bank Closure. It appears that the FDIC is doing much more than protecting depositors’ money.
Charting Three Decades Of The Exponential December BLS Seasonal Adjustment
Saturday, January 08, 2011
Dow 15,000 By Year Ben - Uh... I Mean Year End / Stock-Markets / Stock Markets 2011
And....., we’re off! The New Year is off and running and the Federal Reserve is busier than ever. The first day of the new trading year started off with a bang. The Dow bolted up some 100 points as the trading continued from the ferocious last 15-minutes of the last day of trading on New Year’s Eve that I documented in my last post (http://bmfinvest.blogspot.com/2010/12/does-new-year-change-anything.html). The rest of the week turned a bit more pessimistic as Friday was looking downright ugly until one o’clock. What happened at one o’clock? Oh yeah - the great Bernanke finished up his meeting of the Village Idiots (he testified before the bozos we call ‘Congress’) and got back to his real job, juicing the stock markets. If there is anybody that still thinks we really have ‘stock markets’ anymore, you should go read a book or something. All we have is Bernanke and his printing press.
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Saturday, January 08, 2011
The S&P 500 & Gold Under Pressure on Friday / Stock-Markets / Stock Markets 2011
With the holiday season in the rear view mirror and volume slowly creeping back into the marketplace, I can’t help but wonder what lies ahead. The optimist in me is hopeful that the economy will continue to repair itself and the financial issues that plague the federal government, state government, and local governments will just go away as the economy rebounds. The only problem with my hope is that massive debts and deficits do not simply disappear and I fear the problem will be a long and lasting one.
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Saturday, January 08, 2011
Are stocks overvalued and overloved? / Stock-Markets / Financial Markets 2011
Employment Situation in December Disappoints.
The unemployment rate fell by 0.4 percentage point to 9.4 percent in December, and nonfarm payroll employment increased by 103,000, the U.S. Bureau of Labor Statistics reported today. Employment rose in leisure and hospitality and in health care but was little changed in other major industries.
Saturday, January 08, 2011
The Dismal U.S. Jobs Report Is Not Important! / Stock-Markets / Financial Markets 2011
Another month - another disappointment in the employment picture.
But it doesn’t matter! The economic recovery continues. Employment is a lagging indicator.
Saturday, January 08, 2011
Macro-Trends – Keys to Macro Profits in 2011, Gold and Silver Ultimate Wealth Protection / Stock-Markets / Financial Markets 2011
“Nothing has changed fundamentally to improve the outlook for the U.S. economy. It remains in a protracted downturn that has started to deepen anew and that shows no signs of sustainable economic recovery in the year ahead…
…the economy in 2011 should remain much weaker than generally is expected, with ongoing negative implications for systemic solvency, for the federal budget deficit and for U.S. Treasury fundings. Such also implies a likely accelerating expansion of the Federal Reserve’s "quantitative easing," reflecting active monetization of U.S. Treasury debt and debasement of the U.S. dollar.
Saturday, January 08, 2011
Earnings Drive Stock Prices? See This Chart Before You Answer / Stock-Markets / Stock Markets 2011
Since the time of buttonwood trees, Wall Street has had its own version of the Ten Commandments -- the cornerstone principles of conventional economic wisdom. The first of these writ-in-stone notions is the widespread belief that earnings drive the stock market.
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Friday, January 07, 2011
How High Can the Stock Market Go? / Stock-Markets / Stock Markets 2011
With global economic activity exceeding low expectations and the Fed stating the threshold is high to scale back its money-printing program (QE2), it is a good time to examine the upside potential of the stock market. While the average investor has a limited memory when it comes to market reversal points that occurred in 1998, computers and trading algorithms have no trouble recalling them in vivid detail. Therefore, taking a little walk down memory lane may help us compete more effectively with the largest firms on Wall Street.
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