Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Wednesday, December 01, 2010
Stock Market Quarterly Brief / Stock-Markets / Stock Markets 2010
My favourite indicator of market breath, the McClennan Summation Index, is finally beginning to get to a level where it is becoming interesting. A move into negative territory, though some ways to go, will herald the probability that stocks will soon begin providing price action that brings solid technical support. This is good news particularly for those who have been out of the market since the early September bull move. In my books patience is a major key to achieving above average investment returns. Those investors who relaxed and held off while the herd chased the trend should now begin to sharpen their attention. At the moment the Dow Transports (DJ-20) are showing more strength than the Dow Industrials (DJ-30). However, Technology, Mid-Caps and Small Caps all remain strong despite pull-backs. This indicates that the March 2009 bull trend is still solidly in place for the moment.
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Wednesday, December 01, 2010
Are The Problems in Europe Just Beginning? European Stocks Opportunities / Stock-Markets / European Stock Markets
The fear of another financial crisis in Europe is impacting the markets around the world. The decline in the euro has been significant enough to rekindle speculation of the euros demise. Portugal’s bond auction of 12 monthTreasury bonds saw a significant rise in cost with the yield hitting 5.28% versus the 4.8% in early November. Spain has seen a rise in yields as well with rumors growing concerning financial trouble. It is the uncertainty of the current issues facing Europe that are driving the markets lower. One thing is for sure, a lack of clarity breeds speculation which left unchecked will feed on itself causing extreme market volatility.
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Wednesday, December 01, 2010
Nasdaq Leads on Downside as Stock Market Sell-Off Continues / Stock-Markets / Stock Markets 2010
The stock market indices suffered another down day today, and were particularly weak on Nasdaq. The indices opened with a gap down, bounced back sharply, and then hit higher highs midday on the S&P 500, but couldn't on the Nasdaq 100. They pulled back in the afternoon, backed and filled, but in the last 20 minutes sold off to close near the support lows intraday.
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Wednesday, December 01, 2010
Robert Prechter's Elliott Wave Theorist Newsletter Exclusive Free Access / Stock-Markets / Financial Markets 2010
An exclusive only for Market Oracle readers, FREE access to Robert Prechter's recent 10 Page The Elliott Wave Theorist Letter:
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Tuesday, November 30, 2010
Fixing FUBAR: Next Week in Washington D.C. / Stock-Markets / Market Regulation
Next week, the Federal Housing Finance Agency (FHFA), the regulator for Fannie Mae and Freddie Mac, hosts its Supervision Summit. Attendees comprise 300 "stakeholders," whom I'll address the morning of Wednesday, December 8, 2010 with a presentation titled: Repairing the Damage of "Fraud as a Business Model."
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Tuesday, November 30, 2010
Gold, Dollar and Stock Markets Decoupling! / Stock-Markets / Financial Markets 2010
I’ve received a number of e-mails over the last week asking me, better yet warning me about decoupling. The principal culprits are gold and the Dow as well as gold and the dollar. Bloomberg and CNBC go on and on about gold moving inversely to the dollar and everybody listens to them as if it were gospel. What they don’t know is that these TV experts are years behind the curve. There is no doubt that gold is rising in terms of every major currency in the world, but what is less known is that it rallies with or against the dollar. With respect to the supposed link between gold and the US dollar I want you to focus your attention on these two charts. First let’s look at an eleven month daily chart for gold:
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Tuesday, November 30, 2010
U.S. Economy Forecast 2011, How to Profit Even With a Double Dip Recession / Stock-Markets / Financial Markets 2011
Martin Hutchinson writes: It's been a dull year for the U.S. economy. But don't expect a repeat in 2011.
In fact, as we enter the New Year for the U.S. economy, investors face some major risks. Should the U.S. Federal Reserve opt to maintain its record-low-level of interest rates, it's very likely that we'll see the kind of virulent inflation that will send commodity prices skyward, and inflict some real long-term damage in the process.
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Tuesday, November 30, 2010
Stock Market Big Comeback Pares Losses / Stock-Markets / Stock Markets 2010
The stock market indices had a down day, but came way back in the last couple hours to shave a big chunk off the losses. The day started out with a big gap to the downside, bounced, and then went sharply lower in the morning, reaching the session lows literally in the first 45 minutes.
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Monday, November 29, 2010
Could Wikileaks Revealing Major Bank Secrets Crash the Global Economy? / Stock-Markets / Financial Crash
Whilst the mainstream press is focused on tittal tattle such as the Duke of York's' rude utterances or South Koreans suggesting that China would be more than happy for them to takeover the North that smacks more of wishful thinking than anything credible.
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Monday, November 29, 2010
Stock Market Small Late Reversal...Nothing To Get Excited About... / Stock-Markets / Stock Markets 2010
We saw the market come off its lows today. To many this will seem as if the selling is finally over. I'd be very careful with that type of thinking since all the market did was rally a bit after the dollar hit major resistance on its daily chart at the 200-day exponential moving average. At the same time its daily chart was hitting strong resistance, its oscillators got overbought on both the 60-minute and daily charts. So it was no real surprise to see the market find a reversal off the lows late day. None of this makes the market bullish short-term. It could lead to a small rally over the next day or so, but it's incredibly unlikely we'll see much to the upside here.
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Monday, November 29, 2010
Investors Drawn to China Like Moths to a Flame / Stock-Markets / Financial Markets 2010
"Investors are drawn to China like moths to a flame." – Neil Woodford
That’s a great quote. Neil is the head of investments at Invesco, running the UK’s largest investment fund with a decade of 15% average returns under his belt so let’s take the man seriously for starters. Mr Woodford’s concerns coincide with figures showing that food prices in China were 10.1pc higher in October than in the same month last year – a level of inflation not seen since mid-2007. This is deepening concern that China’s economy is now starting to overheat.
Monday, November 29, 2010
Stock, Bond and Silver Year-End Targets To Watch / Stock-Markets / Financial Markets 2010
I hope you had a wonderful Thanksgiving holiday and weekend! But now I want to turn our attention back to the markets. Judging by the positive response to last Monday’s column, I want to give you more year-end signals to watch for key markets.
Remember, this is the first time ever that I’ve released such signals. They are based on a proprietary trading model I developed in the early 1980s, and are a unique combination of cyclical and technical analysis.
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Monday, November 29, 2010
Are Mid-Cap Stocks Set to Lead the Market Higher? / Stock-Markets / Stock Markets 2010
Jon D. Markman writes: Stocks struggled over the past week as investors managed to shrug off an escalating conflict in Korea only to have renewed sovereign debt troubles in Europe slug them in the face. The Dow Jones Industrials and S&P 500 both closed half a percent lower while the Nasdaq closed half a percent higher. The European exchanges all closed 3% to 5% lower.
Yet some sectors thrived. Best groups for the week were retailers, semiconductor makers and Internet software and hardware makers, all up 3% to 5%. Major damages were mostly in large-cap banks and materials producers.
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Monday, November 29, 2010
Market Concerns Over Euro-Zone Bailout, Smart Money Preparing to Sell Stocks Hard / Stock-Markets / Financial Markets 2010
(ZeroHedge) Despite its illiquidity, The FX market has been the first and earliest indicator of how the market is taking the Irish bailout. So far it has been a complete abortion, and after opening in the mid 1.33 in the interbank market, the EURUSD has just touched on 1.3196, and is about to take out Friday support. The vigilantes refuse to go away. In addition to LCH margin hikes on Portugal and Spanish bonds tomorrow which now appears inevitable, we continue to expect that FX margin requirements will be hiked over the next few days across the board. Lastly, expect to hear rumors of secret service chasing any and all bond shorts/CDS longs. The war for the Eurozone's survival is now on in earnest.
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Sunday, November 28, 2010
Smells Like A Stock Market Top / Stock-Markets / Stock Markets 2010
It was only 2 weeks ago that the "dumb money" indicator and Rydex market timers were bullish to an extreme degree and company insiders were selling shares at a clip that had not been seen in 4 years. In most instances, these are bearish signals. The exception would be the scenario where too many bulls actually leads to a bull market.
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Sunday, November 28, 2010
Stock Market Manipulation, Interest Rates and Dow Theory Bear Rally / Stock-Markets / Market Manipulation
I continue to believe, based on the evidence at hand, that the rally out the March 2009 low is a large scale bear market rally that should ultimately prove to separate Phase I from Phase II of the much larger and ongoing secular bear market. But, just as I told my subscribers before that low was even made, the longer this rally holds up, the more dangerous it becomes. Reason being, it becomes more and more convincing. I also continue to receive questions asking whether or not the Dow theory or any other market discipline is still applicable in light of the manipulation.
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Saturday, November 27, 2010
Stock Market Elliott Wave Count Weekend Update - 27th Nov / Stock-Markets / Stock Markets 2010
After four gapped openings in four trading days the US markets ended the week mixed. Economic reports for this week continued the upward trend of improving numbers. Q3 GDP was revised higher to 2.5%. Personal income/spending rose, weekly jobless claims fell to their lowest level in many months, weekly mortgage application rose, consumer sentiment moved higher, the WLEI continued to rise, and PCE prices were flat.
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Saturday, November 27, 2010
Benjamin Graham’s Investing Wisdom and Stock Market Cycle Formula Timing Plans / Stock-Markets / Stock Markets 2010
Most investors are aware that Benjamin Graham, author of The Intelligent Investor, the acclaimed investment book first published in 1949, is the father of value investing. The basics of value investing are that when you buy a financial asset like a stock or bond, the reason to buy is for the future cash flow that the underlying business is going to generate, and from which you will be compensated in dividends, interest or price appreciation.Read full article... Read full article...
Saturday, November 27, 2010
Stock Investors Should Give the Fed Some Love! / Stock-Markets / Stock Markets 2010
It would seem that the Federal Reserve has few fans these days. Fed Chairman Bernanke is castigated in blogs. Members of Congress are questioning his strategies. Finance Ministers in Germany call him “clueless”. His QE2 tactic has prompted near universal scorn from economists throughout the world. Einstein taught us that everything is relative. Depending up one’s point of view, maybe it’s time to give Bernanke and the Fed some love.
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Friday, November 26, 2010
North Korea, Euro Crisis… Trading News Psychology / Stock-Markets / Stock Market Sentiment
Overnight Tuesday, selling pressure slammed futures on the ominous news of North Korea shelling a South Korean island. What ought to have been a relatively-quiet market day heading into Thanksgiving was suddenly filled with anxiety. How would the South Koreans retaliate? Was a new war erupting?
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