Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Tuesday, May 19, 2009
Overbought Stock Market is Not a Sell Signal / Stock-Markets / Stock Index Trading
In the face of some deeper selling last week, we saw some strong positive divergences on the 60-minute charts set up on the MACD from well below the zero line on Friday. That was a signal that said it was time to go long into the teeth of the down side.
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Tuesday, May 19, 2009
Dow Jones Stocks Bear Market 2,000 Target By Elliott Wave Disciple Prechter / Stock-Markets / Stocks Bear Market
Martin Hutchinson writes: In February 1995, the U.S. economy was in great shape. The 1990-92 recession had been over for a couple of years, the Federal Reserve was beginning to ease interest rates, the Clinton administration was beginning to make progress on sorting out the United States' modest long-term budget problem and there was this new thing called the Internet that looked as though it might bring some exciting new possibilities.
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Tuesday, May 19, 2009
The Sum of the Stock Market Bull is Larger than its Parts / Stock-Markets / Financial Markets 2009
Ask enough smart money and you’ll get plenty of well reasoned arguments for why risk bounced, but most of them require a leap of faith that their sum is bigger than the individual parts. The list includes: stronger global economic data (Japan consumer confidence, Eurozone exports -16% from -23% the previous month; NAHB builders index off the bottom); home improvements chain Lowe’s earnings which supported the homebuilders and real estate stocks; Geithner’s comments that the US economy has stabilised, a fall in the VIX to 30; Goldman Sachs, Morgan Stanley and JP Morgan apply to repay TARP money and a 17.3% surge in the Indian Sensex.
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Monday, May 18, 2009
Stock Market is 50% Over Valued, Bear Market is Not Over! / Stock-Markets / Stock Market Valuations
Sharon A. Daniels writes: The stock market has managed to claw its way higher since early March, despite some of the worst headlines since this financial crisis began.
Suddenly, “green shoots” are springing up everywhere, but they can just as easily turn into wilting weeds again this summer, as I’ll show you in just a moment.
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Monday, May 18, 2009
Profit From Small Cap Stocks After the Recession / Stock-Markets / Investing 2009
Mike Caggeso writes: Right now many investors probably don’t want to shoot for the moon. The global financial crisis gave their portfolios one the fiercest beat downs since the Great Depression, draining investors’ resources and mood for anything but safe investments.
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Monday, May 18, 2009
The Deceptive Stock Market Rally / Stock-Markets / Stocks Bear Market
The old adage ‘appearances can be deceiving’ can apply to many different situations, but for today, in our financial mania centric world, there is likely no better use of the term than as it applies to the various markets that characterize the landscape these days. In this respect, right now stocks appear to be discounting better times ahead with their more recent rebound, however even those who do not understand the real reasons why, know this to be a falsehood.
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Monday, May 18, 2009
Stock Markets Expensive on Falling Corporate Earnings Basis / Stock-Markets / Stock Market Valuations
Nothing to see here…just move along was the phrase du jour, as investors seem to look past still higher unemployment claims (due to Chrysler plant/dealer closings) and lower retail sales. While the markets declined, it seemed to be due to a lack of interest as volume declined than “hard-core” selling. This week will bring more data on the housing sector, which should set the tone for the remainder of the month, as little in the way of earnings or significant economic data will be released on the holiday shortened following week.
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Monday, May 18, 2009
Nasdaq Q's Not Exhibiting Bullish Form / Stock-Markets / Stock Index Trading
One indicator that complicates the action in the overall market (S&P 500) is the underperformance of the Nasdaq 100 as represented by the PowerShares QQQ Trust (NASDAQ: QQQQ). We notice that the Q’s have not been able to generate as much excitement as the S&P 500 Depository Receipts (AMEX: SPY) this morning and have yet to hurdle Friday’s high at 33.82.
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Monday, May 18, 2009
Another Weak Monday Opening for Stock Markets / Stock-Markets / Financial Markets 2009
Equities were on the defensive Friday as the blue chip Dow Jones declined 63 points to break a six-week long winning streak. Energy stocks led us down, the once mighty GM cut 1,100 dealerships and retailers Abercrombie and Fitch and JC Penny warned of tough times ahead. The question for today is will this be the 8th Monday out of the last ten that stocks fall? The futures are pointing down right now and Asia has been weak overnight, so the signs are not good.
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Sunday, May 17, 2009
Stock Market Counter Trend Top of Undetermined Magnitude / Stock-Markets / Stocks Bear Market
Current Position of the Market
SPX: Long-term trend - Down! The very-long-term cycles have taken over and if they make their lows when expected, the bear market which started in October 2007 should continue until 2012-2014. This would imply that much lower prices lie ahead.
SPX: Intermediate trend - On March 6, the index started a counter-trend rally of a corrective nature followed by a pause in the trend. We have reached a top, the nature of which is still undetermined, but more corrective action is expected.
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Sunday, May 17, 2009
How to Investors Can Profit as Leading Economic Indicators Turn Bullish / Stock-Markets / Investing 2009
Sean Brodrick writes: The recent market rally has a lot of experts, analysts and investors scratching their heads. They ask: How can the market go up when dark storm clouds of failing banks, budget deficits and soaring unemployment hang over our economy?
The answer is the difference between short-term and long-term outlooks. The good news is you can play the market either way.
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Sunday, May 17, 2009
Stock Market Trading In Between Support... / Stock-Markets / Stock Index Trading
A week of selling came our way and it had a good side to it if you're a bull. Selling never feels good, but you have to look deeper than just price to see if what took place during that selling possibly gives us something to get hopeful about. Again, that's if you're near-term bullish only. The bears will want to see if the selling is the start of something bigger for them and will look deeply inside the numbers for the week to see if their hopes will soon be put in to motion as well. The week started out with most of the index charts and just about every leadership stock chart on high poles and very overbought at 918 gap resistance. We were able to get a bit higher than that level but the overbought extremes would not allow the market to make a deeper move to the upside. we started to gradually pull back and we warned of a test of the recent breakout at 875.
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Sunday, May 17, 2009
Stock Market Investor Sentiment: Is More Bulls A Good Thing? / Stock-Markets / Stock Market Sentiment
Although the S&P500 lost 4.9% for the week, the bullish contingent actually grew stronger. This can be seen in the "Dumb Money" indicator shown in figure 1. The "Dumb Money" indicator looks for extremes in the data from 4 different groups of investors who historically have been wrong on the market: 1) Investor Intelligence; 2) Market Vane; 3) American Association of Individual Investors; and 4) the put call ratio.
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Sunday, May 17, 2009
Stock Market Symmetry Scenario Gives S&P 500 Decline More Room to Run / Stock-Markets / Stock Index Trading
Let¹s say that the symmetry exhibited by the March-May rally with the January-March decline continues into the future. What would the next leg of the S&P 500 look like?Read full article... Read full article...
Sunday, May 17, 2009
Global Stock Market Rally Finally Succumbs to Selling on Premature Recovery Optimism / Stock-Markets / Financial Markets 2009
A long-awaited reversal in the monumental global stock market rally since early March finally arrived last week. As the first-quarter earnings season started winding down and post stress-test capital-raising weighed on some banks, investors were faced with a slew of gloomy economic reports suggesting the recent optimism about a global recovery might have been premature.
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Saturday, May 16, 2009
Global Systemic Financial Crisis Surrealism at the Heart of Stock Market Trends / Stock-Markets / Market Manipulation
GEAB writes: The financial surrealism which has been at the heart of stock market trends, financial indicators and political commentaries in the past two months, is in fact the swan song of the referential framework within which the world has lived since 1945.
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Saturday, May 16, 2009
Stock Markets Expected to Consolidate After Strong Rally / Stock-Markets / US Stock Markets
The good news is: In spite of a pretty rough week for the major indices there were no new lows to speak of on either the NYSE or NASDAQ.
Short Term I have often stated that the secondaries lead both up and down.
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Saturday, May 16, 2009
Stock Market Counter Trend Rally on False Hopes of Green Shoots Recovery / Stock-Markets / Stocks Bear Market
A Brief History and Dow Theory Update - The method used and written about well over 100 years ago by Charles H. Dow were first termed “Dow’s Theory” after Dow’s death in 1902 by S.A. Nelson, who was a reporter for The Wall Street Journal under Dow’s stewardship. About a year following Dow’s death, William Peter Hamilton, who also served as a reporter under Dow began to write articles for The Wall Street Journal – mostly under the heading "The Price Movement." In these articles Hamilton analyzed and discussed, in terms of the investment or speculative outlook, the movements of the Dow-Jones Averages as related to business conditions in general.
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Saturday, May 16, 2009
The Impact of Economic Data Revisions at Stock Market Junctures / Stock-Markets / Recession 2008 - 2010
Can I Have Some More of that Data, Please?
The Fault, Dear Brutus, is Not in Our Stars
Faith-Based Economics
Is Unemployment a Lagging or a Leading Indicator?
An Unsustainable Trend in Debt
Some Thoughts on the Health Care Problem
Why does government data need to be revised so often? Is it conspiracy, as some claim, or is it methodology? And if it is methodology that leads to faulty data, then why not change the methodology? Is unemployment a lagging indicator, as conventional wisdom suggests? We look again at the underlying assumptions to suggest that things are not always the same. And finally, we look at unsustainable trends, fiscal deficits, and health care -- there is a connection.
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Friday, May 15, 2009
UltraShort SPY (SDS) Looks Higher / Stock-Markets / Stock Index Trading
UltraShort SPAs we head into the noon-time lull, the ProShares UltraShort SPY (NYSE: SDS) is carving out an interesting and very nervous near-term pattern between 61.30/80 on the high side, juxtaposed against 59.60/40 on the low side. The weight of my near-term technical work leans towards an upside resolution to the trading range, with the SDS thrusting above 61.80/85 towards my optimal target zone of 63.50. At this juncture, only another downside pivot reversal that presses the SDS beneath 59.50/40 will wreck the developing pattern.Y (SDS) Looks HigherRead full article... Read full article...