Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Wednesday, February 11, 2009
Forecasting Strong China Economy and Stock Markets / Stock-Markets / Chinese Stock Market
Tony Sagami writes: I was watching CNBC last week and listened to expert after expert rub their crystal balls and predict the best places to invest your money: gold, bank stocks, Brazil, oil companies, large cap multi-nationals, drug stocks, Japan … you name it.
That tassel loafer, Armani suit crowd from Wall Street has one of the most consistent track records I've ever seen … AT BEING WRONG!
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Wednesday, February 11, 2009
Financial Markets Confidence More Important Than Gold / Stock-Markets / Credit Crisis 2009
In a rare interview with Western media, Wen Jiabao, the Chinese premier, told the Financial Times (see http://www.ft.com/wen ),
‘Confidence is the most important thing, more important than gold or currency'
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Wednesday, February 11, 2009
Stock Market Sells Off on Disapointing Banking Sector Bailout Plan / Stock-Markets / US Stock Markets
I am spending the next few days in Europe on a short business trip. First stop is Dublin where the temperature is icy, the mood is dour, property prices are plunging, the queues for jobless claims are five hours long, the soon-to-be-unemployed are holding protest strikes, and the banks are on the edge of a financial precipice. Yes, it may be a movie with different actors, but the plot is the same as in many other countries.Read full article... Read full article...
Wednesday, February 11, 2009
Stock Market Still In Bear Mode / Stock-Markets / Stocks Bear Market
Make no mistake about it, this is still a bear market. It has been quite some time since the market has experienced such a violent decline. Any dreams about the rally continuing were violently doused as the market did not appreciate the comments of Mr. Geithner.Read full article... Read full article...
Wednesday, February 11, 2009
Stock Market Bloodbath on Treasury Secretary's News / Stock-Markets / Stock Index Trading
The markets ended in a bloodbath today with extremely negative numbers across the board. The indices did rally after a negative opening, and the NDX and S&P 500 retested yesterday's highs, but they stopped in their tracks and reversed.Read full article... Read full article...
Tuesday, February 10, 2009
Obama Will Revive “Shadow Financial System” to Revive U.S. Banks / Stock-Markets / Credit Crisis Bailouts
William Patalon III writes: To ease the ongoing credit crisis and get banks lending again, the Obama administration realizes that it first has to resuscitate the “shadow financial system” that's dominated by hedge funds and other large-scale private investors.
Surprisingly, two key ingredients of this turnaround formula will be structured investments, such as asset-backed securities, and leverage - the combination and poorly policed use of which acted as the accelerants that helped fuel the financial inferno that's now sweeping the globe in wildfire fashion.
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Tuesday, February 10, 2009
Financial Markets Judgment Day on Obama, Geithner Credit Crisis Rescue Plan / Stock-Markets / Credit Crisis 2009
A moment the market has been waiting for ... The Troubled Asset Relief Program (TARP) has not gone well. Unaccountability for funds was a major issue. Lack of effectiveness was another issue. As a result, opinions and emotions surrounding TARP have grown to be negative.Read full article... Read full article...
Tuesday, February 10, 2009
Stock Market Breadth Study Shows Positive Developments and Gold / Stock-Markets / Investing 2009
As outlined in an October 20, 2008 article Stocks Will Bottom Well Before Economy , we should not expect the stock market to wait for the "all clear" signal from an economic perspective before finding a bear market bottom. There is no doubt the economic news will get worse before it gets better. If we expect the technicals or charts to show improvement before the economy gets better, it makes sense to keep an eye on recent technical developments.Read full article... Read full article...
Monday, February 09, 2009
Stock Market Consolidates Ahead of Bailout Plan News / Stock-Markets / US Stock Markets
The indices had a consolidation day ahead of tomorrow's release of the details of the bailout plan. The day started out with a move down that held support. They then rallied to new 3 day rally highs, and backed and filled in a downward slope until mid-afternoon when they tested the lows. That was successful, and then they bounced back into the positive side on the S&P 500 and Nasdaq 100 by the end of the day, but drifted lower in the last 20-30 minutes.Read full article... Read full article...
Monday, February 09, 2009
Stock Market Pauses After Last Weeks Big Gains / Stock-Markets / Financial Markets 2009
After some big gains last week, today was a bit of a ho-hum affair as the DJIA only finished down 9.72 points. Does this rally have legs? We will know soon enough. There is a trendline (see the chart) right overhead the current price. Moreover, the DJIA's recent nemesis, the 50 dma , sits menacingly above at 8463.Read full article... Read full article...
Monday, February 09, 2009
Stock Market to Fall AT LEAST Another 40%! / Stock-Markets / Stocks Bear Market
Martin Weiss writes: With the U.S. economy now reeling from the fastest job collapse since the Great Depression …
With the Treasury Secretary ready to introduce yet another bank bailout plan this week …
And as we suffer through the uncontrollable bust of the largest-ever speculative bubble of all time …
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Monday, February 09, 2009
Stock Markets Shrug Off Yet More Dire Data / Stock-Markets / Financial Markets 2009
There was a perverse reaction to the dismal employment news from the US last Friday with indices rising throughout the session. Looks like no one wanted to be caught short with THAT bank bailout master plan coming tomorrow (16.00GMT) and today's fiscal stimulus. Note that the NASDAQ is now back positive for the year to date with Google (+54%) and Apple (+26%) showing strong leadership. Banks have bounced back strongly albeit from almost penny stock status! So a pivotal few days ahead.Read full article... Read full article...
Monday, February 09, 2009
Gold, Silver, Oil and Broad Stock Market Outlook / Stock-Markets / Financial Markets 2009
Last week was exciting as the broad market dipped back down to test Hogan's Bottom again. The market found support and posted a nice two day rally on increased volume as buyers stepped back into the market. The two biggest sectors were financials and homebuilders posting solid gains for the week. It's important to note that both those sectors had the largest amount of short selling, it looks like traders started to cover their short positions, which boosted both those sectors. The market does look like momentum is shifting to the upside but we could still see prices drift sideways or even lower for another couple months, as investors need to become more confident and start investing again.Read full article... Read full article...
Sunday, February 08, 2009
Stocks Bear Market Rally Gathers Strength / 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 - The lows appear to have been tested successfully. Bullish indications suggest another up-wave is starting. It needs to be confirmed by a further advance.
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Sunday, February 08, 2009
China ETF Funds Investment Focus: FXI, GXC, PGJ / Stock-Markets / Chinese Stock Market
China was, is and will be an important investor focus country. Three exchange traded funds are FXI (by Barclay's), GXC (by State Street) and PGJ (by Invesco/Powershares).
Let's see how they compare, and what one might decide about taking risk on China at this time.
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Sunday, February 08, 2009
Global Stock Markets Favour Stimulus Over Bad Economic Data / Stock-Markets / Global Stock Markets
Global stock markets shrugged off dire news on the US employment front, arguing that the gloomy data would hasten US lawmakers' passage of a stimulus package. After falling for four straight weeks and recording the worst performance of the major US indices for January on record, Wall Street reversed course on the back of a stimulus-induced rally.Read full article... Read full article...
Sunday, February 08, 2009
Financial Markets Analysis: Stocks Bounce, Where Next? / Stock-Markets / Stocks Bear Market
Stock Markets continued their strong rally on Friday from early week lows that had threatened to break below the recent tight trading range and target fresh bear market lows.
Where Next ?
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Saturday, February 07, 2009
A Confidence Crisis, Not a Money Crisis / Stock-Markets / Credit Crisis 2009
“Though the life of a man be short of a hundred years, he gives himself enough anxiety as if he were to live a thousand.” --Ancient Chinese proverb
The crisis we keep hearing so much about, which formally began in 2007 and intensified in 2008, was at root a crisis in confidence. True, the credit crisis had its origins in the tight money policy of the Federal Reserve beginning in 2004 and continuing into 2007. So there was definitely a money/credit aspect to the crisis. But more than any single factor – and this has been especially true in the past few months – the crisis has been more about shattered confidence than a dearth of liquidity.
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Saturday, February 07, 2009
Financials XLF and Transports IYT Sectors Win the Day for Stock Indices / Stock-Markets / Stock Index Trading
Thursday night I wrote about how we had a stand off in the making with the Financial Select Sector ETF (XLF) and the iShares Dow Jones Transportation ETF (IYT) flashing strong positive divergences on their daily charts versus strong price resistance based on the proximity of the 20 and 50 day moving averages. I felt fairly confident the divergences would win out because it was the first time in quite a long time that both of these critically important sectors had those divergences and they did so compressed far below the 0 line. This is when positive divergences have the best chance of playing out in a bullish fashion.Read full article... Read full article...
Saturday, February 07, 2009
Awaiting the Peak in the Stock Market Countertrend UpMove / Stock-Markets / Stock Index Trading
If nothing else, then the next few days will make or break the current upmove in the equity market. Either the advance will feed on itself in conjunction with -- and reaction to -- all of the government-generated news, programs, and monetary support designed to lift the economy out of its deep recession, or, alternatively, will reveal itself as a classic, sharp recovery rally that turns out to be a massive Bull Trap prior to another vicious downleg.Read full article... Read full article...