Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Thursday, May 20, 2010
China Stock Market SSEC Index Completing Correction? / Stock-Markets / Chinese Stock Market
The recent Shanghai Surprise has been breaking that potential bullish triangle I outlined several weeks ago with a downside break of 2900. Subscribers to TheMarketTrendForecast.Com may recall that was my line in the sand for the SSEC index to remain bullish. With the break of that possible bull triangle, the SSEC index has fallen down to near 2500. Everyone on CNBC is bearish on the Chinese Indexes now, and I can’t find any bulls for that country either. They were everywhere several months ago, and now, nowhere to be found.
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Thursday, May 20, 2010
Stock Market Dow New Highs All Lies / Stock-Markets / Stock Markets 2010
"All pain is either severe or slight, if slight, it is easily endured; if severe, it will without doubt be brief." ~ Marcus T. Cicero 106-43 BC, Great Roman Orator, Politician
As the saying goes, a picture speaks a thousand words and the charts below quite clearly illustrates that the Dow has not put in a single new high in the past 3 years.
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Thursday, May 20, 2010
Crude Oil Prices, European Currencies Fall / Stock-Markets / Financial Markets 2010
Oil prices have dropped below $70 per barrel for light sweet crude as the Euro and British Pound are both getting crushed amidst the mounting pressure from the debt crisis that has hit many major European economies.
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Wednesday, May 19, 2010
Stock Market WTF Wednesday? Bangkok Burns, Blankfein Moves Up / Stock-Markets / Stock Markets 2010
On May 6th I warned that revolution was in the air. Today Thailand’s Stock Exchange has been put to flames by protestors along with the malls they can no longer afford to shop in and the television stations that lie to them and tell them how great everything is while their lifestyles go down the toilet. Like any good colony of cockroaches, Thai traders had already scurried off to do their trading elsewhere - in a secret location away from the lights and they took their market UP 0.7%, betting that this out-of-hand violence will now be met with an equally violent government response that will end all this silliness and let them get back to skimming their profits off the people on a daily basis.Read full article... Read full article...
Wednesday, May 19, 2010
Investors Shocked By German Naked Short Selling Ban / Stock-Markets / Financial Markets 2010
U.S. financial stocks fell sharply towards the end of Tuesday’s trading session, dragging the market to another 100 point plus decline. The reasons? Investors were shocked & unnerved by Germany’s plans to ban naked short-selling which served to reinforce rather than dispel worries over the sovereign debt crisis. Also growing uncertainty facing banking in the face of increased scrutiny & regulatory control.
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Wednesday, May 19, 2010
Stock Market Retest Continues, But... / Stock-Markets / Stock Markets 2010
Retest Continues, But...
Heres our view on the current action.
Wednesday, May 19, 2010
Protect Yourself from the Next Stock Market "Flash Crash / Stock-Markets / Financial Crash
Shah Gilani writes: Just when you thought it was safe to get back into U.S. stocks, you think you see a shark.
If you are searching - like the regulatory lifeguards and all the political beach bums - to pinpoint and kill the menacing shark that took a huge bite out of investor confidence when the Dow Jones Industrial Average tanked 1,000 points in a just a few minutes late in the day on May 6, don't bother to scan the horizon looking for the dorsal fin of some lurking predator.
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Wednesday, May 19, 2010
Stock Market Indices Stair-Step Lower & Close Near Key Support / Stock-Markets / Stock Markets 2010
The stock market indices opened strong today and reached the session highs in the first 20 minutes, and from there it was downhill the rest of the day as the S&P 500 stair-stepped lower in a neat, orderly channel to retest yesterday's lows. At that point they bounced a couple times, but couldn't make any progress.
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Wednesday, May 19, 2010
Is Your IRA or 401K a Target of Government Appropriation? / Stock-Markets / Pensions & Retirement
By: Chris Blasi - Will the laws and rules in place to protect individuals in their attempt to set something aside for retirement be safeguarded by the representatives elected to advocate for them in Washington? Will the principles and moral integrity of the political class keep them from appropriating the trillions of dollars held in 401k's and IRA's? I'm not so sure!
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Wednesday, May 19, 2010
Stock Market Gap Up And Reversal...200's Holding So Far... / Stock-Markets / Stock Markets 2010
The market had put in a doji yesterday but did not do so at a critical level of support or resistance. We got the expected bounce at the open but did not hold, which often happens away from those critical support or resistance areas. Less trustworthy to hold for a full day. Once the gap up got taken out and filled it was all down hill from there.
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Tuesday, May 18, 2010
Euro Crisis Shock and Awe, Short Selling Ban As Politicians Battle Market Crash / Stock-Markets / Financial Crash
Germany to Ban Naked Short-Selling at Midnight; Politicians Battle Markets; Short Selling Restrictions and Market Crashes
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Tuesday, May 18, 2010
The Great Commodities Con, Dangers of Investing in ETF's, Exchange Traded Funds / Stock-Markets / Exchange Traded Funds
A quick introduction for this week's Outside the Box. This is from my London Partner Niels Jensen, talking about the problems with long only commodity funds. This is something I discuss frequently but have not written about in some time. Quite simply, many of the commodity ETFs do not deliver what they promise and in fact many of the inverse funds can lose you money even when you make the right macro call.
Niels gives us a very good explanation of why this is so. So for those of you who have "diversified" into commodity ETFs (not actively managed funds!) or are thinking about it you might really want to read this.
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Tuesday, May 18, 2010
Golden Goose vs. Black Swans, Gold the Other Currency / Stock-Markets / Financial Markets 2010
April ushered in both broader evidence of recovery in parts of the Western economy, and a series of both ecological and economic “events” that are quite worrisome. It’s unlikely any of the April events (including, we fervently hope, sovereign debt) would be, in and of itself, shattering. What each does is to impact the psychology under which markets are operating and hence how they perform. The cumulative impact of these events after a strong uptick means sell buttons are being pushed, and should be signaling profits taking by you. How much is the question.
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Tuesday, May 18, 2010
What Becomes of a Broken Stock Market? / Stock-Markets / Stock Markets 2010
There are two possible Elliott wave paths for stocks from here -- but only one likely outcome.
You know what a mystery the Dow's 1,000-point drop on May 6 has been.
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Tuesday, May 18, 2010
Are We Set For Stock Market Turnaround Tuesday? / Stock-Markets / Stock Markets 2010
US stocks rose Monday, with the Dow dramatically reversing a 184-point drop, as a rise in the US homebuilders NAHB index and the euro’s rebound from a four-year low bolstered optimism. Sprint Nextel climbed 3% to help lead telephone companies to the biggest gain among 10 groups after saying “steep” revenue declines have ended. GLG Partners rallied 50% as Man Group agreed to buy the hedge-fund firm for $1.6 billion.
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Tuesday, May 18, 2010
Stock Market Strategies for the Post-Financial-Crisis ‘New World Order’ / Stock-Markets / Stock Markets 2010
Jon D. Markman writes: For many investors, the recent thousand-point plunge by the U.S. stock market was probably the proverbial last straw.
So let me be perfectly clear about the point that I want to make here: Sitting on the sidelines could be the investment mistake of a lifetime. The post-financial-crisis "new world order" that's emerged from the speculative excesses, recessionary realities and regulatory breakdowns of recent years has created a world of lucrative new profit opportunities - governed by a new set of profit rules.
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Tuesday, May 18, 2010
Stock Market Indices Edge Higher in Afternoon Snapback After Steep Losses / Stock-Markets / Stock Markets 2010
The stock market indices started the day to the plus side but failed at resistance and rolled over hard in the morning. They reached the session lows on a spike down just before noon at about the 1873 area on the Nasdaq 100 and the 1195 area on the S&P 500. At that point they began a stair-step move back up, which accelerated over the course of the afternoon and closed with the indices back into the plus column, but just barely.
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Tuesday, May 18, 2010
Gold Bull Market and the SP 500 Index Forecast Update / Stock-Markets / Financial Markets 2010
Back in the third week of April I predicted here on Kitco.com a topping in the broader market indices. The theory was the VIX levels were extremely and historically too low concomitant with extremely high historical readings in investor bullish sentiment gauges. After thirteen Fibonacci months of a bull cycle rally, it was likely an A B C correction to the downside would begin. In further follows ups on TheMarketTrendForecast.com service I run on April 20th, I again outlined concerns with falling volumes on small cap stocks and too many “stories” being run up too far ahead of the economics.
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Tuesday, May 18, 2010
Stock Market Doji late... / Stock-Markets / Stock Markets 2010
Which simply means that there should be some relief short-term for the market but expecting too much is probably not a good idea since we have some very strong resistance a little more than 1% above closing prices. 1155 is the gap down on the The Standard & Poor's Depositary Receipts (SPY) from a few days back and then there's also the trailing lower 20- and 50-day exponential moving averages at 1164/1165 respectively. 1155/1165 will be very tough in the short-term for the bulls as we whipsaw all over the place on what is seemingly a daily basis. The charts tonight show clearly these ranges we are stuck in.
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Monday, May 17, 2010
Has the Stock Market S&P 500 Index Topped Out? / Stock-Markets / Stock Markets 2010
This past weekend I visited some friends in Texas. The reason I bring this up, is that these folks are very worldly and very smart. During my visit, the conversation naturally turned to the market and what is going on.
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