Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Saturday, June 26, 2010
Stocks Bear Market Rally Overview / Stock-Markets / Stock Markets 2010
Ever since the rally out of the March 2009 low began, I have maintained that it has been a bear market rally. All the while, the politicians think that their printing spree, bailout plans and stimulus packages have put a bottom in the economy. I continue to hear the talking heads on “CNBS” cheering on the public and in their eyes all they can see is the so-called “double dip” recession. I’m sorry folks, but this is not a double dip recession.
Read full article... Read full article...
Saturday, June 26, 2010
Stock Market Ominous Pattern Developing / Stock-Markets / Stock Markets 2010
Banks `Dodged a Bullet' as Congress Dilutes Rules - (Bloomberg) Legislation to overhaul financial regulation will help curb risk-taking and boost capital buffers. What it won’t do is fundamentally reshape Wall Street’s biggest banks or prevent another crisis, analysts said. A deal reached by members of a House and Senate conference early this morning diluted provisions from the tougher Senate bill, limiting rather than prohibiting the ability of federally insured banks to trade derivatives and invest in hedge funds or private equity funds.
Read full article... Read full article...
Saturday, June 26, 2010
Beware of Investing in Defensive Stocks! / Stock-Markets / Stock Markets 2010
Just the thought of a double-dip less than a year after the economy began pulling out of the last recession is agonizing. Just the thought of another bear market in stocks so soon, with the S&P 500 still 30% below its peaks of 2000 and 2007, is unbearable for many.Read full article... Read full article...
Friday, June 25, 2010
Stock Market SPX Driving U.S. Dollar Trend / Stock-Markets / US Dollar
So far this year, the US dollar has enjoyed a strong performance. Traders carefully watch this flagship currency since its fortunes affect virtually everything, from world-trade balances to global financial markets to commodities prices. Given the dollar’s universal impact, understanding its drivers is essential for gaming all kinds of markets.
Read full article... Read full article...
Friday, June 25, 2010
Stock Market Technical Tipping Point Critical Bear Signal / Stock-Markets / Stocks Bear Market
History will remember this day. Whether or not the equity market cracks tomorrow or the next day or in a few weeks time, today is the day that it gave off a critically important signal.
Today is the day that it showed that the 200 day moving average represents resistance to further rises as opposed to support against further falls.
Read full article... Read full article...
Friday, June 25, 2010
Stock Market VIX Volatility Index Continues to Climb / Stock-Markets / Stock Markets 2010
Following the June 19, 2010 article titled "Signs of concern in the recovery process", additional bearish signals continue to develop. The Chicago Options Volatility Index or VIX, which is a measure of risk on the S&P 500, posted a level of 29.74 today. Historically this elevated range only occurs at the crests of bull markets and during bear declines. During the calmer bull market phase, the VIX remains below a reading of 18. This heightened level of almost 30 strongly suggests greater volatility and risk in the markets over the next few months.
Read full article... Read full article...
Friday, June 25, 2010
Stock Market Drops On Poor Earnings, Economic News... / Stock-Markets / Stock Markets 2010
Last night we got shocked two times. Two stocks that never fail as far as I can remember both warned on their earnings reports. The month of May, once again, the culprit to these warnings. Bed Bath & Beyond, Inc. (BBBY) and Nike Inc. (NKE) both said things fell faster than they thought would happen and that there will be pricing pressure for the foreseeable future. Both stocks took it on the chin today as they joined previous chin music recipients Best Buy Co. Inc. (BBY), Adobe Systems Inc. (ADBE), ConAgra Foods, Inc. (CAG), Carnival Corporation (CCL), and FedEx Corporation (FDX). Both closed near their lows today off of gap downs. In other words, they're dead stocks for months to come. Nike down 4% and Bed Bath & Beyond down 6%, with gaps now acting as strong resistance.
Read full article... Read full article...
Thursday, June 24, 2010
Stock Market S&P at a Crossroads / Stock-Markets / Stock Markets 2010
On Tuesday morning at this time, the emini S&P 500 was around 30 points higher than where it is now, which placed the index above the 200 and 20 DMA's, a much stronger technical position. Now we notice that the e-SPU is attempting to tread water below all of its relevant trending moving averages -- the 20, 50 and 200 -- and the decline could be the formation of the "right shoulder" of a substantial 9-month head and shoulders top (see colored rectangles on the enclosed chart).
Read full article... Read full article...
Thursday, June 24, 2010
Stock Market Thrill-Ride Thursday, Jobs or Bust! / Stock-Markets / Stock Markets 2010
What a friggin mess!
Should we worry about jobs, should we worry about Europe, should we worry about Israel nuking Iran before Iran can nuke Israel, is there too much copper, is there too little gold, is the entire Atlantic Ocean going to become uninhabitable? I can go on and on but I hear it will all be solved if we vote Republican in November so that seems like a no-brainer (and some people will get that and some people won’t). Yes, that’s right – Republicans are the answer! But why wait for the voters to decide when so many right-thinking(another one) Congresspeople are able to exorcise (not a typo) majority rule by filibustering a jobs bill – a move that will take 1.2M people off extended unemployment benefits on Friday?
Thursday, June 24, 2010
Sovereign Debt Worries Return to Plague Stock Markets / Stock-Markets / Stock Markets 2010
Away from the Footie which is rapidly looking like are run of World War 2 with French surrendering early, the American’s only showing up at the last minute and it’s left to the English to beat the Germans (again) it was another choppy session on Wall Street where stocks showed some reliance after the Federal Reserve acknowledged that the European sovereign debt and bank liquidity crisis may harm American growth and new home sales sank to a record 30 year low. General Electric, Chevron and Microsoft all retreated more than 1.7% after the Fed’s Open Market Committee statement said “financial conditions have become less supportive of economic growth on balance.” While Adobe Systems shed 7.3%, reaching the lowest price since July, after forecasting revenue that may miss the average analyst estimate.
Read full article... Read full article...
Thursday, June 24, 2010
Horrible U.S. Home Sales... / Stock-Markets / Stock Markets 2010
Trade Recommendations: Take no action.
Read full article... Read full article...
Thursday, June 24, 2010
Stock Market Good News, Bad News / Stock-Markets / Financial Markets 2010
Here's how we see the future action.
The market is set up for a bounce and the Fed meeting didn't change much. The market is all about energy and there is energy for a rally. The issue here is that if we move lower into 6/28 (our next key reversal date) then we bounce into July 10th and then move WAY lower into August.
Read full article... Read full article...
Thursday, June 24, 2010
Sovereign Debt Crisis Bad For Europe, Good For U.S. Stocks / Stock-Markets / Stock Markets 2010
Jon D. Markman writes: For several months now, we've been talking about the post-financial-crisis "new world order" that's emerged from the speculative excesses, recessionary realities and regulatory breakdowns of recent years. This new world order has created a world of lucrative new profit opportunities - that are governed by a new set of profit rules.
Read full article... Read full article...
Thursday, June 24, 2010
Max Keiser Report on Financial Market Scandals / Stock-Markets / Financial Markets 2010
This time Max Keiser and co-host Stacy Herbert look at the latest scandals of a rating agency's threats, a two-tiered euro, and a rising gold price. In the second half of the show, Max talks to Gary Rivlin, author of Broke, USA.
Read full article... Read full article...
Thursday, June 24, 2010
Fed Signals A Very Weak Economy--Earnings Poor..Market Yawns... / Stock-Markets / Stock Markets 2010
The market waited anxiously to hear what Fed Bernanke would say today about the state of the economy. He told us all that the economy, in a word, stinks. He said a lot of negative things mixed in with a dash of this and that, but the thing that was most negative was his telling us that interest rates will stay near 0 for the foreseeable future. This is his way of telling us things are so bad out there that interest rates can't come off 0. Think about that folks. 0!!!
Read full article... Read full article...
Thursday, June 24, 2010
Dollar, Gold, Oil and the SP500’s Mid-Week Trading Video / Stock-Markets / Financial Markets 2010
It’s been a crazy week for gold, oil and the SP500 again…. Since the market top in April we have seen large moves almost EVERY day in the market. I would say this is one of the toughest times for traders as you must be very quick to enter and exit if you want to lock in any profits. Good news is that things should start to smooth out in the next week or so if stock kick into rally mode.
Read full article... Read full article...
Wednesday, June 23, 2010
DJIA's 200-Day Moving Average: Will the Dow stay above or below this demarcation line? / Stock-Markets / Stock Markets 2010
Moving averages are one of the most widely followed indicator in technical analysis. Simply put, when the price of an index or stock stays above a particular price moving average line on a chart, that price level serves as support -- a level where buyers reside. If the price falls below a moving average line and "can't" break through from the underside, this price level is a line of resistance -- a price level where sellers hover. That's an easy explanation of moving averages for you.
Read full article... Read full article...
Wednesday, June 23, 2010
Which Way Wednesday - Fed Interest Rate Decision Edition / Stock-Markets / Financial Markets 2010
FOMC rate decision at 2:15, that’s all that matters.
Sure no one on the planet expects anything other than the Fed holding steady but it’s what they say when they do nothing that matters. On April 28th there were a grand total of 17 different words from the March 16th statement but they were, apparently, the wrong words and the market fell over 10% in the next 30 days. The big changes in April were the Fed seeing improving labor markets (data later refuted that) and they gave no indication that rates would rise this year UNLESS the data improved. We’re still down 8% from 11,200 and our Omega 3 pattern tells us today will be an up day, which kept us from being too bearish yesterday even though most of our downside levels were broken.
Wednesday, June 23, 2010
Stocks Wait for US FoMC Meeting, What to Watch For… / Stock-Markets / Stock Markets 2010
US equities closed weaker Tuesday, losing 1.6% to close at 1095. This is a significant fall but there could be worse to come. My technical analysts chums assure me that unless the S&P500 closes above 1126 tonight, the 50 day moving average will stab through the 100dma from above. If you believe in such things, and there are many who do, this is a rare bearish stocks signal (last happened in 2008). Even if it doesn’t happen tonight, unless S&P climbs at least 200 points it is inevitable by Thursday night they say.
Read full article... Read full article...
Wednesday, June 23, 2010
Stock Market Next Two Weeks Will Set Up the Next Two Months / Stock-Markets / Stock Markets 2010
Our call since the beginning of the year has been for a...
...August and October double bottom in the market in our 2010 Forecast. And while the future is sometimes predictable, that can all invert here - resulting in higher highs. So we're very cautious here as we're seeing sufficient energy in the market to produce more upside, we just need the market to release that energy.
Read full article... Read full article...