Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Friday, May 28, 2010
Stock Market Right Shoulder Bounce.... / Stock-Markets / Stock Markets 2010
The one thing that prevented us from shorting the last few days although the action was poor overall, was the very oversold condition of the MACD's on all the major index charts. Just so far compressed down that the market needed to find a way to get those puppies back up. Suddenly, last night we got news from China that they will be backing the European banks for now and there you go. The news the market needed to unwind those oversold oscillators. Amazing how these pieces of news come out just when the market has to have it. Great stuff.
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Thursday, May 27, 2010
Possible Scenario For Stock Market Rally Technicals and Fundamentals Could Converge / Stock-Markets / Stock Markets 2010
The bearish outlook is well documented with extensive coverage of the problems in Europe and the "dawn of the next credit crisis". We understand and respect the bearish case. We also understand and respect the seriousness of the debt problems in Europe. However, since the market’s longer-term stance remains positive, it is also reasonable to assume the problems of the day may not yet derail the bull market.
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Thursday, May 27, 2010
Robert Prechter Stock Market Trend and Cycles Forecast / Stock-Markets / Stock Markets 2010
The following article is excerpted from Robert Prechter's current issue of the Elliott Wave Theorist. For a limited time, you can Download the full 10-page issue, FREE.
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Thursday, May 27, 2010
Rogue Chinese Whispers Denied As Stocks Rally / Stock-Markets / Stock Markets 2010
Flip flop on another whiplash Wednesday as US stocks fell late in the day, with the Dow closing below 10,000 for the first time since February, as a (seemingly bogus) report that China may review investments in European government bonds spurred concern the credit crisis will worsen. Microsoft tumbled 4.1% after CEO Steve Ballmer said the effects of the debt crisis will not be isolated to Europe.
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Thursday, May 27, 2010
Investor Profit and Protection From Chaos and Cartel Interventions, Forecasts 2010 / Stock-Markets / Financial Markets 2010
“The pace and severity of financial crises has taken an ominous turn for the worse. Over the past 30 years, a crisis has occurred, on average, every three years. Yet, now, only 18 months after the meltdown of late 2008, Europe’s sovereign debt crisis has hit with full force. With one crisis seemingly begetting another, and the fuse between crises now getting shorter and shorter, the world economy is on a very treacherous course.”
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Thursday, May 27, 2010
Global Stock Markets Gyrate on Fears of Europe’s Spreading Financial Crisis / Stock-Markets / Stock Markets 2010
David Walsh writes: Global stock markets were extraordinarily unstable Tuesday, as fears about the expanding European financial crisis and the possibility of military conflict on the Korean peninsula combined to shake investors.
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Thursday, May 27, 2010
Global Financial Crisis Worst Yet to Come / Stock-Markets / Financial Crash
Economist Michel Chossudovsky gives his assessment of what's going on in the world of finances. He believes the worst of the global crisis is yet to come and all the measures taken to stop it are actually hurting the economy.
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Thursday, May 27, 2010
Towards Another Stock Market Crash? / Stock-Markets / Financial Crash
This past week the Dow fell 4%, S&P 4.2%, the Russell 2000 fell 6.4% and the Nasdaq 100 fell 4.4%. Banks fell 5.4%; broker/dealers 4%; cyclicals fell 5.6%; transports 5.5%; consumers 3.4%; utilities 4.3%; high tech fell 3.7%; semis 1.3%; Internets fell 4.2% and biotechs 4.2%. Gold bullion fell $56.00, the HUI gold index fell 11.4% and the USDX, dollar index, fell 0.8% to 85.38.
Two-year Treasury bills fell 2 bps to 0.73%; the 10-year notes fell 22 bps to 3.24% and the 10-year German bund fell 20 bps to a record low of 2.66%.
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Thursday, May 27, 2010
Warning Stock Market Crash Dead Ahead, Sell, Get Liquid Now / Stock-Markets / Financial Crash
Paul B. Farrell writes: "This game's in the refrigerator! The door's closed, the lights are out, the eggs are cooling, the butter's getting hard and the Jell-O is jiggling ..."
That was legendary Lakers' radio announcer Chick Hearn's signature way of calling a game early, telling fans the home team won ... you can head for the exits before the final buzzer. Chick wrote the book with popular sports phrases like "slam dunk," "air ball," "charity stripe," and a "bunny hop in the pea patch" for a traveling violation.
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Thursday, May 27, 2010
Stock Market Nothing Good Here....Rejection At Gap Resistance.... / Stock-Markets / Stock Markets 2010
Yesterday showed a fourth gap down off the top at 1220 S&P 500. Fourth gaps are often the place where we see exhaustion in a down pattern. Where down trends go to die for a short period of time. That short period of time was a half-day of upside action. How incredibly sad is that!!
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Wednesday, May 26, 2010
Stock Market Bigger Than A '10% Correction'? / Stock-Markets / Stocks Bear Market
Every Big Bear Grew From a Cub - The famous "10% correction" that market pundits talk about sounds so nice and tidy, so predictable and tolerable. It's as if this "cute little correction" came neatly wrapped, looked like an M&M candy character, and smiled at you and your family after you open the box.
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Wednesday, May 26, 2010
Stock Market Break of S&P 1044 Implications / Stock-Markets / Stock Markets 2010
Let me start off by pointing out that we did indeed break below the yearly cycle low yesterday.
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Wednesday, May 26, 2010
Stocks Bounce as LIBOR Stabilizes / Stock-Markets / Stock Markets 2010
Yesterday was a game of two halves. An early rout had seen stocks plunge, with the Dow down 3.1% and below the psychological 10k level. Causes include fears of the Korean crisis spinning out of control , Spanish banking woes & funding concerns for financials in general due to the dramatic rise in USD Libor. Put that lot together and you have an indigestible mix.
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Wednesday, May 26, 2010
Stock Market Topping Continues, Beware of Any Short-Term Rallies! / Stock-Markets / Stock Markets 2010
Things have changed rather quickly for the stock market. Up until two weeks ago it was very difficult for a technical analyst to make a bearish argument. All over the world the big indexes were trending upwards, exhibiting no signs of technical weakness.
Trend-following indicators were rising, too. And indicators based on market breadth, like the advance-decline line and the number of stocks making 52-week highs or lows, were healthy. Last but not least the chart patterns showed no signs of deterioration.
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Wednesday, May 26, 2010
Financial Reform Bill Failure, Gordon Gekko Is Alive and Well / Stock-Markets / Market Regulation
I don’t go to the movies often, but I have a weakness for macho, action films so I went to see the new Robin Hood with Russell Crowe. It was a great movie, but what really caught my attention were the previews before the feature presentation.
What caught my attention was the trailer for Wall Street 2 and the return of Michael Douglas as Gordon Gekko.
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Wednesday, May 26, 2010
Stock Market Sell in May But Don’t Go Away / Stock-Markets / Stock Markets 2010
William Patalon III writes: If you embrace the old Wall Street adage "Sell in May and Go Away" as an investing strategy, you could end up with a bad case of the U.S. stock market summer blues, a new research study has found.
That concept is based on the notion that the May-to-November span provides a weak environment for U.S. stock market investors. According to Jon Markman, a best-selling author and contributing writer to Money Morning, that viewpoint started gaining traction in late April. And why not? The major U.S. indexes were already up a lot more than anyone expected, making that a seemingly convenient point to take profits.
Wednesday, May 26, 2010
Jim Rogers Says Stocks Bear Market is Not Over / Stock-Markets / Stocks Bear Market
Jim Rogers Says the stocks bear market is not over, in a discussion with Dan Mangru on the financial reform bill, Fed incompetence and what investors should do.
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Wednesday, May 26, 2010
Stock Market Double Bottom Exhaustion...Short-term Only... / Stock-Markets / Stock Markets 2010
The bulls were up against it big time early today with the futures crushed and yet another gap down setting up in the pattern. Another gap was not what the bulls wanted to see, especially since the S&P 500 was already so far from its 200-day exponential moving average all the way up at 1101. If you get too far way it allows for the trailing 20-day exponential moving average to catch up very rapidly and that's also very bad news for the bulls. The 20-day was at 1164 a week ago but is now all the way down to 1128, only a drop more than 2% from crossing the 200's. If the 20's cross below the 200's it's very negative for the bulls.
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Wednesday, May 26, 2010
Robert Prechter On Schedule for a Very Long Stocks Bear Market / Stock-Markets / Stocks Bear Market
Robert Prechter discussed the recent global sell-off that has sent all major U.S. averages 10% below their 2010 highs with Yahoo! Finance Tech Ticker host Aaron Task on May 20, 2010. Prechter says that the current climate shows that "we're in a wave of recognition" where the fundamentals are catching up to the technicals and that it's time to prepare for a "long way down."
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Tuesday, May 25, 2010
Stock Markets Hit by Spanish Woes, Korea And Soaring USD LIBOR / Stock-Markets / Stock Markets 2010
Back into crisis mode courtesy of Korean sabre rattling, Spanish banking woes & skyrocketing USD inter bank rates. This toxic mix dragged down US stocks Monday with the Dow Jones Industrial Average to its lowest level in three months. Bank of America and JPMorgan Chase declined 3.5% plus to lead losses on the Dow, while Wells Fargo shed 4.7% after being downgraded over at Goldman Sachs.
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