Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Monday, March 23, 2009
Dow Transportation Average Exchange Traded Fund (IYT): Itching for Upside / Stock-Markets / Stocks Bull Market
Today, we're going to take a look at the iShares Dow Jones Transportation Index Exchange-Traded Fund (IYT) . Within the Dow Transports you'll find sectors that include airlines, shipping, railroads, delivery companies, truckers, etc. With President Obama's gauntlet of stimulus packages, the IYT may soon find some strong support and offer investors attractive valuation for years to come, especially in the railroad industry .Read full article... Read full article...
Monday, March 23, 2009
Stock Market Rally March Madness / Stock-Markets / Stock Index Trading
For years our local retailers have run advertising tagged on the theme of ‘March Madness', implying they have cut prices drastically due to an uncontrollable psychological condition. Fitting the stock market into this context at present is of course a synch, with prices getting marked down all over the place due to an uncontrollable psychological condition, better know as a panic. And it just so happens that in studying history, March has been a time of conspicuous events in a biblical sense (important events), with the other more recent example being the manic top in tech stocks seen in the year 2000.Read full article... Read full article...
Monday, March 23, 2009
Stock Market Spring Rally Ahead of Summer Lows Retest / Stock-Markets / Stocks Bear Market
As we race toward the close of another (negative) quarter, spirits are getting a lift from the fact that Spring has sprung and the markets have put on a rally, making March statements (for now) look a bit brighter than many of the past six months. The focus of Wall Street is not on the economy, but the circus that is Washington. (Warning: political comment!) It is funny to see Congress chastise executives for paying bonuses then turn around and ask for political contributions from the same group – hypocrisy at its best!Read full article... Read full article...
Monday, March 23, 2009
Stock Market Futures Bounce Sharply Higher / Stock-Markets / Financial Markets 2009
Preliminary details of U.S. Treasury Secretary Tim Geithner 's (aka the one trillion Dollar man) plans have prompted a strong session in equities overnight with the Dow futures currently up 195 and Europe looking chirpy. Now I may sound like a worn out old 45 but don't believe the hype. The markets are as ever buying the rumour and will sell the fact(s).Read full article... Read full article...
Monday, March 23, 2009
Economic Crisis, No country is immune from the gloom / Stock-Markets / Financial Markets 2009
After a volatile 5 days, world stock markets just managed to close last 5 days in the black. It was a week of two halves with the good work from the start of the week being undone in the second half as traders slipped into reverse gear on Thursday and Friday. At least markets managed to hold the gains from the previous week which in the context of the bear market is no mean feat.Read full article... Read full article...
Monday, March 23, 2009
Stock Market Investor Sentiment Indicator Not a Factor / Stock-Markets / Stock Market Sentiment
This week investor sentiment is neutral. The bearish sentiment (i.e., bull signal) of the past three weeks has dissipated. Going forward, equities will need to rely upon their own merits to score gains. In other words, as bears have turned into bulls, sentiment will be less of a factor in any price appreciation.Read full article... Read full article...
Monday, March 23, 2009
Stock Market Indices Witness Strong Selling / Stock-Markets / Stock Index Trading
And this is because the Sp and Dow failed at their 50's and the bulls couldn't stop the same old which has been to fall from those 50 day tests. The Nas and Ndx cleared it but now the Nas is slightly below. Nothing terrible but a few points below and it's not great to see similar behavior as we have seen for this entire bear market. Get to the 50's with some indexes clearing the 50's and then things just fall apart. The bulls need to take a stronger stand than this. The rally so far has been on excellent internals and this has kept the rally going but it's time for the bulls to step up here or we're headed right back down.Read full article... Read full article...
Monday, March 23, 2009
Stock Market Potential for Continuing Counter Trend Rally / Stock-Markets / Stock Index Trading
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 - The index may have started a counter-trend rally which has the potential of extending itself in a bumpy ride for several more weeks if it can overcome the resistance which lies directly overhead.
Read full article... Read full article...
Sunday, March 22, 2009
Stock Market Final Bottom When Price Earnings Revert to Below the Mean / Stock-Markets / Financial Markets 2009
CEP News: Fed expands collateral for TALF
“The Fed expanded the securities it will accept for its short-term lending program just hours before the revamped plan was set to begin.
“The program is designed to free up capital for lending by purchasing securities backed by high-quality assets from financial institutions. The Fed plans to spend about $1 trillion through the program.
Read full article... Read full article...
Sunday, March 22, 2009
Global Stock Markets Enter Extended Bear Markets, Reflation Ain't Going to Work / Stock-Markets / Stocks Bear Market
Back in October when that stimulus package was being discussed I wrote a couple of articles, which were posted here, stating that it “Ain't Gonna Work.” This past Wednesday the Fed announced their latest intentions with a plan to buy $300 billion in long-term Treasuries and $750 billion of mortgage-backed securities. I'm now beginning to wonder if the powers that be are really in their minds trying to “fix” things or if they are actually trying to destroy the dollar, the free markets and perhaps even the nation.Read full article... Read full article...
Sunday, March 22, 2009
Stocks Consolidate in advance of Continuation of Short-term Rally / Stock-Markets / US Stock Markets
The good news is: After 2 consecutive down days there has been no build up of new lows.Read full article... Read full article...
Saturday, March 21, 2009
Financial Markets Analysis - Fed Adopts Quantitative Inflation / Stock-Markets / Financial Markets 2009
The big story of the week was the U.S. Fed's head long fling over the cliff into Quantitative Easing by printing more than $1 trillion (electronically) , this is on top of the $800 billion already printed on the sly as the Fed buys toxic junk such as the weeks announcement of buying $1.25 trillion of Fannie Mae and Freddie Mac mortgage backed securities, as well as other junk bonds, on top of $300 billion of US Government bonds to help finance the ever growing budget deficit. The implications of this extra supply of dollars is inflationary that devalues the value of all dollars. I have already warned indepth of the consequences of Quantitative Inflation so won't repeat it here.Read full article... Read full article...
Saturday, March 21, 2009
More Weakness Likely for Stock Market S&P 500 Index / Stock-Markets / Stocks Bear Market
The S&P 500 had an interesting week. In the aftermath of the FOMC announcement on Wednesday, the SPX climbed to 803.24 to make new recovery highs off of the March low. However, let¹s notice that the high for the week failed to penetrate significant resistance represented by the declining 10-week moving average and the Jan-Mar down trendline, and, in fact, reversed to the downside to close the week at 768.54.Read full article... Read full article...
Saturday, March 21, 2009
Stock Market Indices Extend Losses / Stock-Markets / Stock Index Trading
The market suffered another decline today, as we expected, although the day started out differently. The indices went higher at the opening, and reached the session highs within the first 15 minutes on the NDX. But the SPX did not keep pace and barely made it higher, and then they both turned lower. They went down steadily and sharply for the next few hours until about an hour to go when they staged a snapback rally that reached right back up test resistance at the earlier breakdown points, getting up to 1195 NDX and 776 SPX. But they pulled back in the last 20 minutes to add to the losses.Read full article... Read full article...
Saturday, March 21, 2009
U.S. Treasury Bonds and Gold Soars Whilst Stocks Correct Following Quantitive Easing / Stock-Markets / Financial Markets 2009
It's a circus in Washington. - Denouncing a "squandering of the people's money," lawmakers voted decisively Thursday to impose a 90 percent tax on millions of dollars in employee bonuses paid by troubled insurance giant AIG and other bailed-out companies. In some cases the bonuses might be taxed 100 percent leaving the recipients with nothing.Read full article... Read full article...
Friday, March 20, 2009
Stock Market Dow 30 Components Collective Risk of Ruin Analysis / Stock-Markets / Stocks Bear Market
So goes the EMPIRE… With each small victory, we get a little bit closer to winning our country back - Until the last man stands, status central bankers alongside their political and corporate cohorts will defend their collective monopolies until fiat currencies reach one pip north of ZERO if need be. The sad fact remains that the majority of institutions and citizenry are eager to drink from the hyper-spiked cool-aid jug just so that they can “feel better” and have a better psychological outlook relative to the harsh reality of the collective insolvency dilemma imposed by their masters.Read full article... Read full article...
Friday, March 20, 2009
What Must Happens Before a New Stocks Bull Market Starts? / Stock-Markets / Stocks Bull Market
It has probably been a few months since we last shared our Institutional Index chart with you.Read full article... Read full article...
Friday, March 20, 2009
Some Signs of a Trend Reversal from Stocks Bear to Bull / Stock-Markets / Stocks Bull Market
We think these would be some important signs of a major, sustainable trend reversal:
1. Visual clues to trend reversal (price chart and multiple moving averages pointing up). That has not yet happened.
Read full article... Read full article...
Thursday, March 19, 2009
Stock Market Profit-Taking Sets In / Stock-Markets / Stock Index Trading
Profit-taking finally set in after 7 out of 8 days on the upside, as the indices were extremely overbought this morning, with the McClellen Oscillator +328. I wasn't surprised to see the market move lower, but they did start out with a pop to the upside, reaching the session highs right in the first few minutes. Then they stair-stepped down in a 3-wave decline from 1220 NDX to about 1196, about a 24-point drop in the first hour and a half or so, and the SPX dropped from 803 to 783, about 20 points.Read full article... Read full article...
Thursday, March 19, 2009
Stocks Bear Market Rally at Cross Roads / Stock-Markets / Stocks Bear Market
Even after the current "powerful rally", the S&P 500 is still down over 12% YTD , something to keep in mind if you feel we are missing something. All we have missed year-to-date is a 12% loss. Bear markets always give people a reason to stick around. Yesterday , we commented, ...rather than signaling the end of the bear market, the more probable outcome for the current rally in the S&P 500 is for it to fail somewhere between current levels and 806. This rally may have further to run, but Wednesday's high on the S&P 500 was 803.Read full article... Read full article...