Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Saturday, September 18, 2010
Stock Market Failure At S&P 500 1131...Overall Action Is Bullish... / Stock-Markets / Stock Markets 2010
The futures were rocking higher last night. Upon waking this morning those futures held very well, and it looked as though 1131 was going to be left behind once the market opened. The bears had other ideas. The futures slowly started to gather some momentum back down on no news. The bears piling in to knock it down. By the time the market opened, things were green, but well off the highs. That didn't stop the bulls from making one more move back towards that elusive level as the S&P 500 touched 1131.47.
Read full article... Read full article...
Saturday, September 18, 2010
It's Late September...Where's the Bear? / Stock-Markets / Stock Markets 2010
(originally published for BullBear Trading Room members on 9/12/10, re-published here with updates)
In the last BullBear Weekend Report on I concluded:
...the likelihood of continued upside in defiance of bearish expectations is high. Whether this represents an intermediate term blip or something more significant is as yet unknown, although there are some long term divergences and indications that point towards a long term bullish conclusion.
Read full article... Read full article...
Saturday, September 18, 2010
These Realities are Investor Profit and Protection Enablers / Stock-Markets / Financial Markets 2010
“THE FED - Yesterday I read Saturday's front page headline in the LA Times and my blood boiled. The headline read, "Fed Stands Ready to 'Do all that it can.' With Growth slowing, Bernanke Says the Central Bank is Willing to Act to Keep the US Out of Recession." The nerve of these bastards; Fed Chairman Greenspan kept interest rates too low for too long, setting off the greatest housing bubble in US history. The bubble burst, as all bubbles do, sending the US into recession and near-deflation. And now our new Fed Chairman, Ben Bernanke, has the nerve to tell us that the Fed is going to save us. What kind of pure BS is that? First the Fed kills us and then it steps forward and says it's going to be our savior. Yuck.
Read full article... Read full article...
Friday, September 17, 2010
Stock Market Short-Term Rally; Long-Term Worry Still the Name of the Game / Stock-Markets / Stocks Bear Market
I often get asked the question: “Why are you so gloomy?” Or “Why can’t you look at the BRIGHT side of things?”
And you know what my answer is? In regular life, I am an optimist. Optimistic to a fault actually! Just ask my family or friends.
Read full article... Read full article...
Friday, September 17, 2010
Defeat of the Shadow Shogun, Means It's Time to Buy Japanese Stocks / Stock-Markets / Japanese Stock Market
Martin Hutchinson writes: Japanese Prime Minister Naoto Kan's narrow Tuesday victory over Ichiro Ozawa for the leadership of the Democratic Party of Japan wouldn't normally get investor pulses racing - after all Japan has had five prime ministers in four years.
However, the Bank of Japan's heavy intervention in the currency markets this week confirmed my view that this political twitch was really very different.
Read full article... Read full article...
Friday, September 17, 2010
Euro/Yen Weakness Points to Stable Stock Markets / Stock-Markets / Stock Markets 2010
In the September 9, 2010 Market Minute titled: US bond yields and the S&P 500, technical evidence indicated that 10-year yields were starting to rise. This data is key because bond yields and the S&P 500 trade in parallel patterns. Another signal of potential equity stability is now coming from the currency market.
Read full article... Read full article...
Friday, September 17, 2010
S&P 500 Lags as Indices Snapback from Morning Losses / Stock-Markets / Stock Markets 2010
The stock market indices opened lower today and spent much of the day in negative to neutral territory, meandering back and forth in consolidation ranges. When it was apparent that support was holding, after being tested three times, they then turned back north, and in early afternoon started a rally that lasted until near the close, a very strong move that took the Nasdaq 100 up near 1950.
Read full article... Read full article...
Friday, September 17, 2010
Major Market Corrections Brewing for Gold, Silver, Oil & SP500? / Stock-Markets / Financial Markets 2010
We are at the tail of another light volume choppy options expiry week and a big move is brewing… So I thought I would do a mid-week update on what I think is about to unfold in the coming days.
First off I will touch on gold. Everyone is in love with this shiny metal. But as I mentioned last week I think we are nearing a sharp correction. Previously I pointed out that we needed gold to make a new high to the $1275- 1285 area before everyone piles in and gets married to it, only then will the market reverse… Remember the market is out to take money from the masses and the gold trade is getting a little crowded in my opinion.
Read full article... Read full article...
Thursday, September 16, 2010
Throw the Bums Out Thursday / Stock-Markets / Stock Markets 2010
There’s only one thing voters hate worse than Democrats:That is, of course, Republicans. The latest NY Times/CBS News poll found that, while while voters rate the performance of Democrats negatively, they view Republicans as even worse with 63 percent disapproving of Democrats and 73 percent disapproving of Republicans. Still, the prevailing "they all suck" attitude is not good news for the Democrats as they have the most seats up for re-election and over 63% of the voters are pretty much determined to vote for "the other guy."
Read full article... Read full article...
Thursday, September 16, 2010
Stock Market’s Internals Improving; Volume Remains Light / Stock-Markets / Stock Markets 2010
The stock market’s internals are healthier than they have been in seven weeks. The CCM Bull Market Sustainability Index (BMSI) has poked its head out of neutral territory and into the very low-end of bullish territory. Wednesday’s BMSI reading came in at 2,036. We designed the BMSI as an “it’s time to pay attention” index. It is telling us to pay attention right now as the BMSI sits on the neutral-to-bullish line of demarcation.
Read full article... Read full article...
Thursday, September 16, 2010
Yen Intervention: Impact on U.S. Dollar, Copper, Oil, Silver, and Gold / Stock-Markets / Financial Markets 2010
In today’s global environment of slower growth and high debt levels, no country wants a strong currency. Japan has seen the yen rise more than 10% since May, which has exporters very uneasy in the Land of the Rising Sun.
Read full article... Read full article...
Thursday, September 16, 2010
Stock Market Investment Contingency Plans 2010-2011 / Stock-Markets / Stock Markets 2010
The immediate fork in the road for stocks involves whether we (a) remain in a range between 940 and 1,130 on the S&P 500 or (b) can see a sustainable move above 1,130.
Read full article... Read full article...
Thursday, September 16, 2010
Stock Market On the Battle Line... / Stock-Markets / Stock Markets 2010
The June 21st high horizontal resistance halted the advance of the major indexes...
Recommendation: Take no action.
Read full article... Read full article...
Thursday, September 16, 2010
Investor European Escape Hatch From the U.S. Recession / Stock-Markets / Investing 2010
Martin Hutchinson writes: When I speak with the U.S. subscribers to my Permanent Wealth Investor advisory service, there's one bit of wisdom that I repeat time and again: Just because you're living through a recession doesn't mean that your money has to.
If that's a high-falutin way of telling folks to invest globally, so be it. The reality is that there are other places to invest than in the U.S. economy - and many of those "other" spots offer much better returns.
Read full article... Read full article...
Thursday, September 16, 2010
Gold, Dollar, Interest Rate and Equities / Stock-Markets / Financial Markets 2010
Dear Investor
I believe, my investors should be more than happy as Gold is scaling new highs, Dollar is Falling and Interest Rates are climbing as predicted earlier in previous newsletters.
Read full article... Read full article...
Thursday, September 16, 2010
Stock Market So Close..Needs A Gap... / Stock-Markets / Stock Markets 2010
Normally, when a market is close to breaking out, but is up against particularly difficult resistance, such as 1131 S&P 500 is, it usually takes a gap up in the morning to get the market juiced enough to make the move. Making such a move intra-day is not at all easy. It can happen that way, but a gap up is the usual way it occurs, and here we are just six points away. A strong group of economic reports in the morning could do the trick. We get jobless claims and PPI pre-market. Then once the market opens, we get the Philly fed report on manufacturing. That will be a huge report.
Read full article... Read full article...
Thursday, September 16, 2010
China Turning Up The Heat On Bordeaux Futures / Stock-Markets / Investing 2010
Booming demand from emerging economies--especially China-- in addition to near-perfect weather in western France, is sending prices of Bordeaux soaring 28% within a one-month time.
WSJ reported that Château Lafite Rothschild's 2009 Bordeaux began its advance sales in early July at $18,000 a case. They were sold out in four days and the same case now is going for $23,000 (see graph from WSJ).
Wednesday, September 15, 2010
Yen Intervention Wednesday - Kan Baffles Bulls / Stock-Markets / Financial Markets 2010
As we discussed yesterday, it was meet the new boss, same as the old boss in Japan as Naoto Kan’s re-election sent the Yen to new highs as he was considered the least likely candidate to back intervention. Well surprise, surprise this morning as Japan officially intervened in the FOREX markets and sent the Yen down a full 2.5% as they used their Yen to purchase an undisclosed basket of currencies.Read full article... Read full article...
Wednesday, September 15, 2010
Theory 144 and Disequilibrium Explain Stock Market Price Action, EMH RIP / Stock-Markets / Stock Markets 2010
The idea that markets tend toward a state of equilibrium is a fundamental principle of the efficient-markets hypothesis (EMH). This hypothesis, based on an equilibrium driven world, has ruled academia and served as a primary driver of institutional investment decision making for decades. However, it remains a hypothesis because after decades of analysis it has not delivered sufficient real-life evidence and data to attain the level of a theory. Wild market swings, such as the 2007-2009 global market crash, and the flash crash of May 2010, where unbridled greed cowered before the onslaught of fear, confirms that the EMH belongs in the dustbin of failed financial hypothesis.
Read full article... Read full article...
Wednesday, September 15, 2010
Stocks and Commodities Risk Warning as Global Liquidity Dries Up! / Stock-Markets / Financial Crash
Last week I wrote about how mutual fund cash holdings had fallen to a 3.4 percent record low. That means mutual fund managers have never been more highly invested in the stock market than they are now!
History shows that low points in the mutual fund cash quote have been near perfect signals to get out of the stock market. But I think it’s smart to have additional confirmation.
Read full article... Read full article...