Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Friday, June 19, 2009
Stock Market Headwinds as Inflation Pressures Remain / Stock-Markets / US Stock Markets
Whether real or perceived, inflationary pressures are a headwind for equities. Data out this week shows year over year changes in both CPI and PPI at five decade lows. Inflation? What inflation?
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Friday, June 19, 2009
Another Damp Squib Day For Stocks / Stock-Markets / Financial Markets 2009
Yesterday was one of those hard to write about, rudderless days with pathetic volume. The only notable trend was the continued move into Healthcare, as Senator Kennedy’s health care reform bill looks dead in the water, and Utilities, as a more cautious tone prevailed. Economic news was decidedly mixed, with the Philly Fed Index and Leading Indicators providing upside surprises but the Weekly Jobless and Continuing Claims Jobs numbers continued to be worrisomely high. After the bell, BlackBerry maker Research in Motion report some underwhelming numbers which may pressure the Nasdaq and Dax at the open.
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Friday, June 19, 2009
Companies Flooding Stock Markets With New Shares to Drive Stocks Lower Over Summer / Stock-Markets / Financial Markets 2009
Mark Hulbert says, “Notwithstanding the carnage the stock market suffered between October 2007 and March of this year -- the worst since the Great Depression -- corporations' share issuance departments are partying like it's 1999. In fact, firms have recently issued far more shares of their stock (either through initial public offerings or secondary offerings) than they did even in the go-go years of the late 1990s and at the top of the Internet bubble in early 2000. That's not good news, from a contrarian point of view: The stock market historically has tended to perform poorly following periods in which firms have flooded the market with more shares.”Read full article... Read full article...
Friday, June 19, 2009
Stock Market Downtrend Targeting Key Support S&P500 at 850 / Stock-Markets / Stock Index Trading
The CPBE Options Equity Put/Call Ratio Index is shown below, with the S&P 500 Index shown in the background in black and accompanying stochastics shown below. For this chart the %K above the %D for a given stochastic is an indication of general weakness in the broad stock market indices, while falling beneath the %D is an indication of general strength. At present, the %K is above the %D, indicating market weakness and was running at a divergence to the S&P 500 Index that was grinding higher.
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Thursday, June 18, 2009
S&P 500 Index Consolidating / Stock-Markets / Stock Index Trading
From an intraday perspective the S&P 500 emini futures contract appears to be consolidating or triangulating around the 912 level, ahead of one more pop that projects to 920-922 prior to a resumption of the dominant near-term downtrend. Such is my preferred scenario for the recovery bounce off of yesterday’s low at 899.25 – levels that ETF traders of the SPY and SDS may want to keep an eye on.
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Thursday, June 18, 2009
The Secret Emerging Market / Stock-Markets / Investing 2009
Martin Hutchinson writes: Many commentators have picked the East Asian economies of China, Korea and Taiwan to emerge the most vigorously from the ongoing global financial crisis. And with some justification, for China and the two Asian “tigers” share some alluring characteristics like:
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Thursday, June 18, 2009
Stock Markets End Flat After Up Down Battle / Stock-Markets / Financial Markets 2009
Markets played a game of ping pong yesterday before finishing broadly flat. News from bellwether stock FedEx cast an early pall. Analysts were expecting revenue of $8.32bn this quarter but they reported only $7.85bn. Freight was down 28%, as producers can’t ship if producers aren’t ordering. Another green shoot gets snipped. Note also the lower than expected inflation numbers and the fall in mortgage applications (down 15.8%).
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Thursday, June 18, 2009
What a Strong Stocks Bull Market Looks Like / Stock-Markets / Stocks Bull Market
Here it is in all it's glory, the 10 year weekly log scale chart of Mr. Gold:Read full article... Read full article...
Thursday, June 18, 2009
Stocks Bull Markets Bullsh*T & Bubbles / Stock-Markets / Stocks Bear Market
When credit growth is positive, bull markets result. When credit growth is excessive, bubbles result. When credit growth slows, recessions result and when credit growth contracts, all hell breaks loose.
In free markets, supply and demand determine price and profits. Capitalism’s paper-based markets, however, are not free markets. In today’s capitalist markets, price and profits are determined by credit flows emanating from government central banks.
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Thursday, June 18, 2009
Stock Market Rally Following 1931 Bear Crash Pattern / Stock-Markets / Stocks Bear Market
Bob Chapman writes: The next major move in the stock market will be down. We are seeing the last vestiges of a rally similar to what we saw in 1931. The rally we expected at 6600 up to 8500 will end as soon as all the financial institutions that need to sell what stock is necessary to bolster their balance sheets. Our guess is the rally has been aided in a big way by short covering and the participation of the US government. Those who believe the SEC has stopped naked short selling are sadly mistaken.
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Wednesday, June 17, 2009
Banking Stocks Sector Index Trend Damage / Stock-Markets / Banking Stocks
March ... April ... June ... the Banking index climbed with the market.
In early May, the Banking index topped out at 43.67. And then ... it pulled back sharply.
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Wednesday, June 17, 2009
Bullish on the Nasdaq Q's / Stock-Markets / Tech Stocks
With AAPL, GOOG, PALM, AMZN, MSFT, INTC, CSCO acting relatively well today, the NDX is outperforming the Dow and the SPX. Let's take a look at the pattern that has been carved out by the PowerShares QQQ Trust (Nasdaq: QQQQ).Read full article... Read full article...
Wednesday, June 17, 2009
Stock Market S&P 500 Correction or a Major Turning Point? / Stock-Markets / Stock Index Trading
With the S&P 500 falling to a fresh two-week low, the big question is this a correction, or the start of a major trend on the downside?
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Wednesday, June 17, 2009
Country Fund Portfolio Attributes Comparison / Stock-Markets / Investing 2009
Looking at country and region funds in terms of fundamental portfolio attributes, there are significant valuation differences which should be appreciated when making selections.
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Wednesday, June 17, 2009
Get Ready to Hop on the Asian IPO Pipeline / Stock-Markets / China Stocks
Tony Sagami writes: If you’re a U.S. stock market investor, you’re probably a much happier camper today than you were a few months ago. Since the beginning of March, the S&P 500 has rallied nearly 40 percent.
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Wednesday, June 17, 2009
A Road Map To SENSEX 100,000 / Stock-Markets / India
Mark Galasiewski writes: This article was originally published as a special Interim Report of EWI's Asian-Pacific Financial Forecast on March 23, 2009. Since then the SENSEX has risen as much as 65%. For a limited time, Elliott Wave International is offering a full 10-page issue of the Asian Pacific Financial Forecast, Discover The Bull Markets You’re Missing, free.
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Wednesday, June 17, 2009
Stocks Bear Market Targets / Stock-Markets / Stocks Bear Market
There's time and there's price. If you believe, like I do, that a deflationary wipe-out must occur before further cancerous U.S. Dollar debasement (oops, I mean green shoots) can, then you should also believe that this cyclical bear market in general equities ain't gonna take much longer if history is a guide. Most such wipe-outs take 2.5-3.5 years. We're already 1 year and 8 months into this bear market and I personally count the last 7 months (since November panic lows) as one big expanded zig zag correction.
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Wednesday, June 17, 2009
Stocks Suffer Again As Financials Take The Strain / Stock-Markets / Financial Markets 2009
On the day, the S&P lost 1.27% and now sits 4.6% below its recent high of 956. The rot set in with disappointing results from electronics retailer Best Buy but it was financials that bore the brunt of the selling pressure. All this on news that news that the Obama administration plans to create a quango called the Consumer Financial Protection Agency. This will in theory help protect consumers’ credit, savings and other banking transactions.
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Wednesday, June 17, 2009
Stock Market Downside Follow Through Breaks Some Key Support Levels / Stock-Markets / US Stock Markets
The stock market indices closed at the lows for the day going away after an early rally attempt failed. It was the second down-day in a row, as the downside follow-through broke some key levels, and the indices had some key rally failures early on near resistance.Read full article... Read full article...
Tuesday, June 16, 2009
Have Stock Markets Run Away from Reality? / Stock-Markets / Stocks Bear Market
The predictions of the members of the Barron’s mid-year Roundtable discussion over the weekend were in agreement that the March lows of the stock markets would not be broken. This reminded me of one of the famous “Investment Rules” of Bob Farrell, legendary former chief stock market analyst at Merrill Lynch. Rule # 9 stated: “When all the experts and forecasts agree, something else is going to happen.”
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