Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Monday, March 09, 2009
Waiting for the Stock Market Buy Signal / Stock-Markets / Investing 2009
In what is getting be a nasty scratch in the record – the markets declined today…(skip) the markets declined today… What has been a nasty February is turning into a just as nasty March. While the employment report indicated hiring is not anywhere close to actually occurring, the revisions to the December and January data put the total “new” losses around 800k for the month. Outside of two other months over the past 80+ years, December, January and February are ranked in the top five for worst job losses.Read full article... Read full article...
Monday, March 09, 2009
More Room to Climb for Nasdaq Q's? / Stock-Markets / Tech Stocks
Either the rally off of Friday's low at 25.71 to this morning's high at 26.80 in the PowerShares QQQ Trust (Nasdaq: QQQQ) is another run-of-the-mill failed recovery bounce or it is a deceptive start of a potent rally period that has considerably more room to climb.Read full article... Read full article...
Monday, March 09, 2009
Stock Markets Enjoy A Perverse Relief Rally / Stock-Markets / Financial Markets 2009
Friday saw a “sell the rumour, buy the news” reaction to another very weak payrolls number from the US. A perverse market rally occurred after the headline jobs losses number was not worse than the reported minus 651k. But the back revision to the previous two months totalled a further minus 161,000 suggesting to me that this number will itself be subject to a possible major upward revision. The “official” unemployment rate climbed to 8.1%, though as many point out, the real rate of unemployment is considerably higher .Read full article... Read full article...
Monday, March 09, 2009
Dow Stock Market Bottom or Dead Cat Bounce? / Stock-Markets / Stocks Bear Market
According to my calculation the DJIA is currently selling for about 40% of its long-term equilibrium value. That doesn't mean that prices won't go down, but I don't think they will go down very much more; for a few reasons, not least that following the 1929 Crash prices bottomed (my calculation) at 39% of long-term equilibrium value.Read full article... Read full article...
Monday, March 09, 2009
Financial Markets Crash 2.0 Countdown / Stock-Markets / Financial Crash
Subprime Tsunami to be followed by Option Arm / Alt A Asteroid - May you live in interesting times . Just as we thought we could stop holding our collective breath as the subprime tsunami starts to recedes, new specters appear on the horizon and you probably have not heard of them - yet. Meet subprime mortgage 's ugly cousins: Option ARM and Alt A mortgages .Read full article... Read full article...
Monday, March 09, 2009
Will the Stock Markets Break the Four-week Losing Streak? / Stock-Markets / Global Stock Markets
Last week, major stock markets marked their fourth losing week in a row. The Dow fell 6.2% on the week while the S&P 500 fell 7%. Both major indices have now fallen 24% in 2009 alone, with the S&P 500 hitting its lowest level since September 1996. Gold closed the week unchanged after a volatile week that saw it dip below $900 briefly. Oil managed to gain slightly, holding above the $45 marker.Read full article... Read full article...
Monday, March 09, 2009
Into the Thin Zone ... Stock Market Historically Oversold / Stock-Markets / Stock Index Trading
That's where we are and apparently why the most oversold conditions I have ever witnessed are, for now, being ignored. We're including a chart tonight that shows you exactly what the thin zone looks like. No real on the Sp until about 500. Now, and this is important to keep in mind, this doesn't mean we're headed there. The institutions will decide when they should come in and that could be well above 500. The key is simply understanding that the thin zone is alive and when it is, the shorts are less fearful because they know they're shorting without being near major support levels.Read full article... Read full article...
Monday, March 09, 2009
Stocks Bear Market Elliott Wave 4 Rally Due / 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 - We are probably within 2 or 3 weeks of starting a counter-trend move of intermediate nature. Technical signs are becoming very favorable in diverse areas of the market.
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Monday, March 09, 2009
Global Financial Collapse as $50 trillion of Asset Values Wiped Out / Stock-Markets / Financial Crash
The Asian Development Bank estimates that the global financial crisis has seen a loss of asset values of more than $50 trillion, with the loss to asian emerging markets estimated at near $10 trillion. The ADB president Haruhiko Kuroda puts the destruction of asset values on par with that of the Great Depression"This is by far the most serious crisis to hit the world economy since the Great Depression"Read full article... Read full article...
Sunday, March 08, 2009
The Financial Markets Last “Bubble” that Remains to be Popped / Stock-Markets / Financial Markets 2009
The problem plaguing the market heretofore has been two-fold: a lack of buyers on the retail side and deleveraging on the institutional side of the aisle. In an all-out liquidation market cycles, support levels and technical indicators are of little to no use until the panic subsides and a level-headed approach prevails. Most of the indicators – technical and psychological – are in place for a major bottom and even the charts are starting to look somewhat constructive. We don’t have a confirmed bottom yet, though, so until we do we have to maintain a defensive position.Read full article... Read full article...
Sunday, March 08, 2009
Stock Market Extreme Oversold Level Points to Bear Market Rally / Stock-Markets / Stocks Bear Market
The good news is: The dollar is on a tear, closing at a 2 ½ year high Friday.
Short Term - In the past 6 months all of the major indices have fallen between 40% and 60%. This includes 3 brief, but impressive 20+% rallies following the 2 October lows and the November low.
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Sunday, March 08, 2009
Credit Default Swaps, Wall Streets Worst Invention Ever / Stock-Markets / Credit Crisis 2009
Martin Hutchinson writes: When it comes to naming a winner in the competition for “the worst product ever invented by Wall Street,” there is quite a list of worthy candidates. With just the current financial crisis alone there are such “inventions” as subprime mortgages, auction rate preferred stock and asset-backed commercial paper, which all have a good claim to this title.Read full article... Read full article...
Sunday, March 08, 2009
Stock Market Investor Sentiment: Bullish Signals / Stock-Markets / Stock Market Sentiment
For 13 weeks the "dumb money" has been on the wrong side of the trend and hopeful that the November, 2008 lows would hold. The "smart money" has not been bullish on the markets for about 20 weeks now. With the November, 2008 lows on the S&P500 convincingly behind us, the "dumb money" has turned bearish and the "smart money" is now the most bullish it has been in 30 weeks. These are bullish signals for equities.Read full article... Read full article...
Sunday, March 08, 2009
The Worst Stocks Bear Market Since the Great Depression / Stock-Markets / Stocks Bear Market
“Down, down, deeper and down”. So goes the chorus of a Status Quo song, but it is eerily starting to sound like the stock markets' anthem.
Another week and another plunge of equities on fears about the intensity of the global recession and renewed skepticism regarding the beleaguered financial sector. And, yet again, flight-to-safety trades such as the US dollar (at a three-year high) and government bonds took center stage.
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Sunday, March 08, 2009
Obama's Stocks Bear Market Takes A Breather / Stock-Markets / Stocks Bear Market
The meltdown that began in February is nothing short of spectacular. Like a tornado, its ferocity and destruction is frightening, yet fascinating to watch. On Thursday, the S&P 500 had lost 20% since inauguration day, resulting in some calling this recent leg down “Obama's Bear Market.” To be fair, we have been in a bear market since October 2007. Whether this recent downtrend is the fault of the current administration is “above my pay grade.” What is not above my pay grade (or at least I think it's not) is analyzing the recent price action of the indexes.Read full article... Read full article...
Sunday, March 08, 2009
Financial Markets Analysis - Stocks Bear Market Near Bottom? / Stock-Markets / Stocks Bear Market
Stock Markets fell to fresh bear market lows with the Dow Jones Index now fulfilling the original target for the bear market low of 6,600 as per the analysis of 20th Jan 09 as illustrated by the below graph.Read full article... Read full article...
Saturday, March 07, 2009
Brief Overview of Stock Market Cycles / Stock-Markets / Cycles Analysis
Of late, I have received a few e-mails about cycles and the ways in which I use them. I've learned that in many incidences it seems that when I talk about cycles many conjure up images of some sort of black magic, voodoo, chicken bones and the like. However, I can assure you that this is not the case and in this article I'll show you why. Cyclical analysis is simply a method of trend identification that allows one to look at various trends of like degree. In my case, I then data-mine these trends in an effort to find common traits.Read full article... Read full article...
Saturday, March 07, 2009
Stock Markets Post Crash Pattern Moving from A to B / Stock-Markets / Stocks Bear Market
Are you scared yet? You should be because not many others are in spite of the growing carnage in the financial markets these days. This is set to change in a hurry however, where borrowing from the Kübler-Ross model on ‘death and dying', which is the same process investors are going through right now, if I am right about this, in getting from A to B, with A being denial and B anger, the stock market could do the unimaginable. You can see it already, the spoiled brats, with Obama in the lead, are starting to realize reality does actually bite, and that no matter how much one attempts to change it, nothing will make it go away.Read full article... Read full article...
Saturday, March 07, 2009
Obama's Stocks and Bonds Bear Market / Stock-Markets / Financial Markets 2009
The Employment Situation? Grim - Nonfarm payroll employment continued to fall sharply in February (-651,000), and the unemployment rate rose from 7.6 to 8.1 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Payroll employment has declined by 2.6 million in the past 4 months. In February, job losses were large and widespread across nearly all major industry sectors.Read full article... Read full article...
Friday, March 06, 2009
The Oracle with Max Keiser - The AIG Black Hole / Stock-Markets / Financial Markets 2009
This weeks "The Oracle" presented by Max Keiser for BBC World Service with key guests Dean Baker, Andy Zaltzman seeks to predict the news before it happens.Read full article... Read full article...