Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Monday, December 13, 2010
The Stock Markets are Celebrating but Commodities are Clueless / Stock-Markets / Stock Markets 2010
The optimism today moved east to west as Chinese stocks which rose on Friday, rose the second day after Peoples Bank of China opted not to increase the interest rate as the street expected a hike however PBoC increased the reserve requirement on six of the largest banks of China. Nonetheless, no interest rate hike meant a green signal for the bulls to begin their rampage and this too is now visible in the U.S market.
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Monday, December 13, 2010
The Most Important Stock Market Chart of the Week / Stock-Markets / Stock Markets 2010
Early last week I gave you four reasons to buy the S&P 500 market (SPX or SPY), and hopefully you had the chance to participate in the market's recent gains. Aside from the somewhat positive fundamentals of both the macroeconomic improvements and individual companies' improved fiscal health, we have year-end window dressing and some good old statistical (and superstitious) beliefs working in your favor, especially if you are a bull.
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Monday, December 13, 2010
Stock Market Rally Elliott Wave Trend Target / Stock-Markets / Elliott Wave Theory
There is a lot of Bull in the market. My first chart – the Weekly – gives the Big Picture so we can see what our overarching market opinion needs to be. Look at all the Bullishness on this chart: 1. ES above the 15EMA, 50MA and 200MA, 2. all but the 200MA have positive slopes and the 200MA is flattening, 3.ES is in W3 of W5, 4. ES consolidated below the 61.8% retracement level and began peeking above it on Friday (still in area of resistance though!), and 5. typical targets above the current high are indicated on chart – including MOB.
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Monday, December 13, 2010
U.S. Stock Market Reaches a Pivotal Point as Goldman Sachs Forecasts 2011 Rally / Stock-Markets / Stock Markets 2011
Jon D. Markman writes: Stocks clicked around the flat line much of the past week until the tumblers of the lock finally fell into place and prices were freed to go higher on Thursday and Friday.
The Standard & Poor's 500 Index quietly gained 1.2% over the week to close at a new two-year high, while the Nasdaq Composite Index rose 1.7% to a three-year high and the Russell 2000 small-caps rose 2.7%.
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Monday, December 13, 2010
Gold and the Overall Strength of the Stock Market / Stock-Markets / Stock Markets 2010
The past week has been interesting to say the least. Gold is trying to find support while the SP500 grinds its way higher. Let’s jump into the charts and analysis to get better feel for what I feel is happening here.
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Monday, December 13, 2010
Investing for Profit in the Russian Mafia States Stock Market, Goodbye Chinese Century? / Stock-Markets / Stock Markets 2010
Wikileaks recently released U.S. Embassy cables that contained accusations of Russia being a defacto Mafia State that has ceased to be a democracy and is run by the secret services on behalf of an Oligarchy. Much of which comes as nothing of a surprise to either the Russian people, business men or foreign investors who know that whilst doing business with Russia can prove highly profitable, however investors and business people have to be nimble footed by being prepared to pull their funds out at short notice, which mean investors need to be invested in highly liquid funds that aim to track or better the general Russian stock indices such as the RTS stock market index rather than in illiquid individual stocks.
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Sunday, December 12, 2010
Stock Market Elliott Wave Analysis and Forecast for Week Starting 13th Dec / Stock-Markets / Stock Markets 2010
Another positive week for US equities as the SPX/NDX/NAZ all made new bull market highs. Economic reports were nearly all positive. The only negatives were an increase in the budget deficit and a downtick in the M1 multiplier. On the positive side, the trade deficit improved along with import/export prices and weekly mortgage applications. Consumer credit expanded, consumer sentiment improved; wholesale inventories, the monetary base and the WLEI all rose. Also weekly jobless claims and excess reserves declined. These reports continued the 2010 second half trend of an improving, not deteriorating, economy.
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Sunday, December 12, 2010
Quantitative Easing Financial Markets Train Smash Coming / Stock-Markets / Financial Markets 2010
In this analyst’s view, it is only a matter of time before the folly of Quantitative Easing becomes transparent to everyone. That time may be closer than most people think.
Here is a quote from an article entitled “Investors Hold Biggest Commodity Positions On Record; Viral Nonsense About Silver” written by Mike Shedlock.
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Sunday, December 12, 2010
U.S. Interest Rates, the Fed and Stock Market / Stock-Markets / Stock Markets 2010
Of late it seems that rising interest rates and the Fed’s ability to “keep rates low” have become a focal point for many of the news commentators. The vast majority of the public believes that the Fed is actually controlling interest rates and as a result that they are controlling the credit markets as well as the equity markets. I am about to show you the proof that the Fed follows the short-term credit market and that in reality they do not lead. The data simply does not support the widely held belief that the Fed is in “control” of the markets. I realize that this may come as a shock to you, but reality is what it is. The data speaks for itself.
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Sunday, December 12, 2010
SPX Stock Market Rally Near Completion, Is the FDIC Out of Cash? / Stock-Markets / Financial Markets 2010
November Budget Deficit $150.4 Billion, Worse Than $138 Billion Consensus, Biggest November Deficit On Record(ZeroHedge) The Treasury has released the November deficit, which at $150.4 billion was about $12 billion worse than expected. Total receipts were $148 billion, of which individual income taxes were $64.3 billion, while the government actually refunded $3.1 billion for corporate taxes in the month. While cumulative receipts since the start of the new fiscal year are better than in the prior year period ($135.7 billion compared to $109.1 billion), it is the expense side that is far more important: in November the government spent $299.4 billion, the bulk of which going to the Department of Health and Human Services ($72 billion), social security ($64 billion), and Defense ($57 billion).
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Saturday, December 11, 2010
Stocks Risking Taking, Bonds Take a Beating and Gold Volatility / Stock-Markets / Financial Markets 2010
A&P May File for Bankruptcy as Soon as Weekend After 151 Years in Business
(Bloomberg) Great Atlantic & Pacific Tea Co., the once-dominant grocery-store chain founded in 1859, may file for bankruptcy in the coming days to restructure debt, two people with knowledge of the matter said. A filing to reorganize under court protection may come as soon as this weekend, said the people, who declined to be identified because the matter is private. A&P hired law firm Kirkland & Ellis LLP to represent it in negotiations with creditors and in any Chapter 11 proceeding, the people said.
Saturday, December 11, 2010
Stock Market Higher..Getting Overbought Again.... / Stock-Markets / Stock Markets 2010
The market continues its slow and steady grind higher. Small candle sticks along the way aren't great, but it is managing to move higher. The up trend continuing, but unfortunately, the daily charts are all near, or actually at, overbought on those daily charts with stochastic's in the 90's and RSI's in the 68 to 74 range. 74 on the iShares Russell 2000 Index (IWM), or small caps, while the Nasdaq is basically at 70. S&P 500 and Dow right there as well. Grinding new highs as we move in to overbought isn't the best action for the bulls. We are making slight new breakouts but not in a fashion that suggests too much more from here. The NDX has major resistance at 2239, or roughly 1%, from here. Not sure we can get it, but you give the benefit of the doubt to the bulls due to the overall up trend in place.
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Saturday, December 11, 2010
Inflation Cures What It Doesn’t Kill / Stock-Markets / Global Stock Markets
The US and China seem to be at opposite polarity. The US rulers are trying to inflate the economy and thereby reflate the stock indices. China is trying to deflate the economy and thereby restrain their stock index. To Ben Bernanke’s credit, he has been specific about his desire to see inflation rise in the US. To his discredit, real inflation is already locked in with a rear naked choke hold that is turning the consumers face blue already.
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Saturday, December 11, 2010
Exiting Fixed Income Bonds and Moving into Equities / Stock-Markets / Financial Markets 2010
A very quiet day, but the sellers are MIA -- at least for the time being. The enclosed comparison chart perhaps sheds some light on what is going on - bond prices continue to press lower concurrent with bouyant (grinding higher) equity prices, which suggests that money is exiting fixed income into equities.
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Friday, December 10, 2010
Stock, Commodities and Financial Markets Forecasts 2011 / Stock-Markets / Financial Markets 2011
Overview; Bullish and Bearish?! = Timing
“A Conspiracy of Whores
BEWARE: The financial news media is doing the bidding of the Federal Reserve and begging investors to take on more risk
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Friday, December 10, 2010
Stock Markets End Week with a Whimper / Stock-Markets / Financial Markets 2010
I thought some uplifting music might help today as the markets have not been turning in a super performance this week despite a $1Tn tax cut/stimulus package pumped into it just 3 days ago. That morning, I posted Chris Kimble's charts from our Chart School and we were looking at key resistance at S&P 1,224, Nasdaq 2,600 (NDX 2,191), NYSE 7,751 and Russell 756. We're above all those this morning but what we're not above is my 11,500 level on the Dow. In fact, if you look at the Dow over the past 6 sessions, you'll notice we hit quite a wall at about 11,375.
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Friday, December 10, 2010
Will a Santa Claus Stock Market Rally Bring Christmas Cheer to Investors? / Stock-Markets / Stock Markets 2010
Jason Simpkins writes: Seasonal market indicators are often spotty, but the so-called "Santa Claus rally" has some solid statistical backing.
The Santa Claus rally lacks a concrete definition, but the gist of the theory is that stocks perform well in December – particularly in the period between Christmas and the first days of the New Year.
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Friday, December 10, 2010
Crash Silver, Buy JP Morgan and Prevent Financial Armageddon / Stock-Markets / Banking Stocks
The "Crash JP Morgan, Buy Silver " internet campaign has been gathering momentum for several months now as individual investors increasingly jump upon the rolling bandwagon by buying a few silver coins. The high profile proponents of the campaign include Max Keiser, Mike Maloney and Alex Jones amongst many others. Whilst they are correct in identifying JP Morgan as being the worlds largest market manipulator that continious to leech the life blood out of the US Economy via the corrupt institution that is the U.S. Federal Reserve Bank that literally makes unlimited funds available at JPMorgans disposal.
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Friday, December 10, 2010
Stock Market Narrowly Mixed Close to Choppy Session / Stock-Markets / Stock Markets 2010
The stock market indices were narrowly mixed today and a little choppy. They started out with a gap to the upside and that was it. Basically, they reached their session highs in the first few minutes, sold off sharply in the morning to test support, bounced midday to take about 50% back, and then backed off to retest. When that was successful they came on into the close, but in the last 10 minutes backed off one more time.
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Thursday, December 09, 2010
Stock Market Indices Close Positive in Volatile Session / Stock-Markets / Stock Markets 2010
The stock market indices had a very interesting, volatile day with a gap up and a quick pop to resistance which failed, and then rolled over very sharply at that point and reached the session lows after about an hour of trading. At that point the Nasdaq 100 was around 2183 and the S&P 500 just under 1220. A 5-wave advance ensued for the rest of the session, and the indices ended up spiking up into the close, closing near the session highs going away, right at key resistance. Still, they managed to move into the plus column and end up positive on the session.
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