Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Friday, November 27, 2009
Is This The End of The Stock Market Rally? / Stock-Markets / Stock Index Trading
There are really no isolated incidents in the world. Today we are waking up to the news that Dubai might be defaulting on its debt. Stock Markets around the world are plummeting. There are many other issues that hardly made the news. Firstly Vietnam devalued their currency and their populace as Mark Mobius has coined the statement has entered into a “Surge of Fear”. There is confusion and uncertainty once again. Vietnam raised interest rates to try to lower inflation.
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Friday, November 27, 2009
The Goldman Sachs Disease Is Spreading, 15 Signs of Metastasization / Stock-Markets / Market Manipulation
In The Battle for the Soul of Capitalism Jack Bogle no longer sees Adam Smith's "invisible hand" driving "capitalism in a healthy, positive direction."
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Thursday, November 26, 2009
Rothbard on the Financial Panic Then and Now / Stock-Markets / Credit Crisis 2009
Murray Rothbard's Panic of 1819, written for his dissertation and originally published in 1962, provides a window to an era when there was once a vibrant and well-articulated public debate on monetary policy measures. Fortunately, it was rereleased by the Ludwig von Mises Institute in hardback in 2007.
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Thursday, November 26, 2009
U.S. Dollar Break Triggers Sharp Moves in Financial Markets / Stock-Markets / Financial Markets 2009
Wow
Wednesday break of the dollar triggered a lot of strong moves...
Thursday, November 26, 2009
FTSE Stock Market 175 Point Mini Crash on Dubai Debt Default Fear / Stock-Markets / Financial Crash
With the U.S. markets closed for Thanksgiving, the London FTSE 100 Index fell out of bed during the day, met by two relentless waves of selling, apparently on news of the possible debt default of the Dubai government run companies, namely Dubai World freezing debt repayments which sent shock waves around the world. The news was not helped by the London Stock Exchange shutting down during the morning due to technical glitches.
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Thursday, November 26, 2009
Stock Market Grinding Higher... / Stock-Markets / Stock Index Trading
The market got some very good and unexpected news on jobless claims this morning coming in at 466,000 versus expectations near 500,000. There was also the Report on Durable Goods that wasn't nearly as positive. The market popped initially on the Claims Report but pulled back thereafter. There was a small gap up once we opened. The rest of the day was spent in a small trading range. One that grinded higher throughout but in very tiny bursts. We closed right on 1110 resistance. Good action for what's known to be a retail day higher for the market.
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Wednesday, November 25, 2009
The Financial Markets Liquidity Bubble Religion / Stock-Markets / Liquidity Bubble
The dreaded “L” word – liquidity – has once again become the word to explain every major movement in every major asset class. Don’t understand why equities are outpacing the fundamentals – liquidity! Can’t grasp why crude oil is up even though the demand outlook remains exceptionally weak – liquidity! Baffled by low or negative U.S. bond rates, the surging price of gold, and the booming Chinese real estate market - liquidity, liquidity, liquidity!
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Wednesday, November 25, 2009
Crunch Time for the Banking Cartel / Stock-Markets / Market Manipulation
Who Wins the Great War? - “Just over a year ago, the United States underwent a seemingly radical change, seemingly overnight. Its financial system had been revealed as insolvent under the weight of huge liabilities and worthless assets. The government refused to allow all the bankrupt institutions to fail, and thus permit the market to do its job of purging the rot from the system.
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Wednesday, November 25, 2009
Danger and Opportunities for the Stock Market, Gold and U.S. Dollar / Stock-Markets / Financial Markets 2009
Gold is now pushing deeply into critically overbought territory on its RSI indicator, so consolidation/correction can be presumed to be imminent. Look for the gap with the 20-day moving average, shown on our 1-year chart (the green line), to be closed in the near future.
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Wednesday, November 25, 2009
Barry Ritholtz, Bad Economy Could Spell Good News For Wall Street for Years / Stock-Markets / Financial Markets 2009
It has been a very typical Thanksgiving week thus far; remember the winning percentage on Wed & Fri around Thanksgiving Thursday is over 80% since 1950. So the indexes have been up each day this week, and speculative fervor has hit pockets of the small cap, speculative universe. It's textbook action. All the computers are waiting on for now, is that break over S&P 1112-1113 so we can all pile in like lemmings for the next leg up.
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Wednesday, November 25, 2009
Marc Faber Sees Financial Crash and War Against an Invented Enemy / Stock-Markets / Financial Crash
Inquiring minds are reading in his gloomiest prediction yet, Marc Faber sees big financial bust leading to war.
Read full article... Read full article...Marc Faber, the Swiss fund manager and Gloom Boom & Doom editor, said eventually there will be a big bust and then the whole credit expansion will come to an end. Before that happens, governments will continue printing money which in time will lead to a very high inflation rate, and the economy will not respond to continued stimulus.
Tuesday, November 24, 2009
Stock Market Trend a Tale of Three Cycles / Stock-Markets / Cycles Analysis
Has the market made a major low that will last for years, or are new lows in the cards, lets take a look.
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Tuesday, November 24, 2009
Stock Market Indices Consolidate Early Surge and Close Strong / Stock-Markets / Stock Index Trading
The markets had a very strong start to the week with a huge gap up at the opening and ran very sharply higher early on as shorts got hammered. They tested the highs on the S&P 500, reaching up to 1112, just 1 1/2 points or so from its 2009 peak. At that point the Nasdaq 100, which did reach over 1800, got 12-13 points from its high and slightly negatively diverged. They then backed off, gave back a good chunk of the gains, stabilized by mid-afternoon, and then in the last 25 minutes came on again with a surge and padded the gains.
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Tuesday, November 24, 2009
Stock Market Gaps Up But Holds Resistance... / Stock-Markets / Stock Index Trading
The overseas markets were up nicely last night. Asia started the run and Europe followed. This led to our futures starting higher and running throughout the night. They didn't fade as the morning wore on allowing a run up to the 1111 S&P resistance zone. We also breached slightly the 2148 Nasdaq gap, but ultimately these levels proved to be too tough near term for the bulls, and the day was spent pulling back off these levels although solid gains were made across the board. The bulls can't really celebrate because the massive resistance levels were again too tough. Not enough buyers.
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Tuesday, November 24, 2009
Stock Market Approaching Sell and Hold / Stock-Markets / Stock Index Trading
With the General Market (OEX) registering new recovery highs last week, and the New Economy stocks falling to three (3) week lows, the final "weight of evidence" has fallen into place for a sustained correction in the eight (8) to 12 percent range over the next two (2) to (3) months.
Big target 100.88 basis the SPY which is major Fibonacci Cluster CONFLUENCE level - - a 9.7 percent correction from the high.
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Monday, November 23, 2009
Warren Buffett, Stop Using My Credit Card! / Stock-Markets / Credit Crisis 2009
I like Warren Buffett. I even wrote a book about the financial crisis contrasting his principles of prudent finance with recent excessive leverage, bad lending, and malfeasance (Dear Mr. Buffett). Buffett is not a regulator, an altruist, a consumer advocate, or an elected official. As CEO and largest shareholder of Berkshire Hathaway, his goal is to maximize shareholder value.
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Monday, November 23, 2009
Stock Market Climbing a Wall of Worry / Stock-Markets / Financial Markets 2009
The news could not be worse considering the economy is constantly touted to be recovering by a price / expectation managing bureaucracy and sympathetic media. From bursting bailouts to bulging budget deficits to growing needs to crashing consumer credit – observers are subjected to a constant flow of bad news. And while this is having little effect on price focused small speculators, as mentioned on Monday in our options analysis, it has caused the pros an more educated large investors to at least hedge long positions, which has been bringing put / call ratios up. Of course the net effect of this is for stocks to remain stubbornly resilient, as has been the case, climbing the proverbial ‘wall of worry’.
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Monday, November 23, 2009
Stock Market S&P 500 Trend Analysis and Forecast Update / Stock-Markets / Stock Index Trading
The following article was published for the benefit of subscribers on Saturday November 23rd 2009. All indices and commodities are trading inversely to the US dollar index at present, so as long as the defined trend of the USD remains intact, everything else should trade inversely. Gold is presently in a parabolic move, which has repercussions mentioned a few days earlier…on to analysis of the S&P 500 index:
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Monday, November 23, 2009
Stock Market Enters Seasonally Strong Period / Stock-Markets / Seasonal Trends
Last week the market pretty much ended the week where it started as the S&P 500 closed on Friday down two points for the week. Gold though continued its torrid rise despite more premature calls by various talking heads and Wall Street experts for a major bottom in the dollar.
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Monday, November 23, 2009
U.S. Housing, Dollar and Bonds / Stock-Markets / Financial Markets 2009
If this is the recovery, I would hate to see what a recession looks like!! Housing data released in the last week showed a still lousy housing market – from home builder confidence index that declined by a point to remain well under 20 (50 is “balanced”). Even traffic for new homes was near record lows. Housing starts and permits (a leading indicator of future starts ) both fell again. The Mortgage Bankers report of home purchases fell to a new low and are still down 15% vs. year ago levels.
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