Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Sunday, February 01, 2009
Stock Markets Record Worst January Ever! / Stock-Markets / US Stock Markets
The good news is: Non existent. The S&P 500 (SPX) finished its worst January ever, down 8.57%.
During the 1st year of the Presidential Cycle, since 1928, the SPX has been up 62% of the time, in January during the 1st year of the Presidential Cycle, with an average gain of 1.7%. Out of the 8 times the SPX has been down in January during the 1st year of the Presidential Cycle all but one turned out to be the beginning of a down year.
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Saturday, January 31, 2009
Stock Market January Losses May Not Bode Well For Bulls / Stock-Markets / Stock Index Trading
Two days after a fiery rally that broke through resistance, the indexes have been pushed back into their previous trading ranges. If you are going either long or short, this is indeed a frustrating market.The positive aspects of today's decline was that while volume was higher than the previous day, it is still rather low. Investors should also consider the movement of the VIX . While it has increased over the last two days, it is still caught in a downtrend. The 50 dma is slowly rolling over while the 200 dma is bound to be tested soon.
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Saturday, January 31, 2009
Stock Market Eroding Towards A Breakdown..... / Stock-Markets / Stock Index Trading
There have been so many head fakes in this three month lateral range that you don't get your hopes up when it looks like a more directional play is about to be in play. 805 is the number where massive support comes in to play and we have held easily above for a while. 860 was strong resistance and we did take that level out only to lose it right back and now we're headed back down again. There has simply been too many pieces of bad news from the economic data as well as earnings over the past few days to keep the bulls in charge for more than a day or so or until we get to important resistance.Read full article... Read full article...
Saturday, January 31, 2009
Trading the Dow Stocks Bear Market with the Complete Speculative Landscape / Stock-Markets / Stock Index Trading
Five Levels of Engagement - After a brief update on the Dow, we will share with readers the five levels of tactical engagement, which drive our market guidance and summarizes the working architecture behind Elliott Wave Technology's forecasting disciplines.Read full article... Read full article...
Friday, January 30, 2009
Economic & Financial Markets Forecast 2009: Collapsing Global Financial System Ponzi Scheme / Stock-Markets / Recession 2008 - 2010
As economic activity and PONZI finance fall off the face of the earth, we enter the stretch run of the CON game known as the Bond and FIAT currency markets. Although both are headed for their ultimate demise, the path will be quite different. In 2009, these challenges will be headed your way. Prepare properly and thrive, or fail to do so and fall to your demise.Read full article... Read full article...
Friday, January 30, 2009
U.S. Economy Contracts 3.8% as Wallstreet Rewards Failure with Bailout Cash / Stock-Markets / Recession 2008 - 2010
The U.S. economy shrank the most in the fourth quarter since 1982 as consumer spending recorded the worst slide in the postwar era, a trajectory that's likely to continue in coming months.
The 3.8 percent annual pace of contraction was less than forecast, with a buildup of unsold goods cushioning the blow. Excluding inventories, the decline was 5.1 percent, the Commerce Department said today in Washington. A survey of purchasing managers also indicated today that business in January was the weakest in almost 27 years.
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Friday, January 30, 2009
Upmove Expected in Nasdaq Q's / Stock-Markets / Tech Stocks
Looking at the hourly chart on the Q's (NASDAQ: QQQQ), my near term pattern work argues strongly that the decline from Wednesday's rally high at 30.65 ended this morning at 29.19, and that in the upcoming hours the Q's will carve out a minor base area ahead of another upmove that should revisit 30.00/20, and then possibly 31.25/50 prior to completion.Read full article... Read full article...
Friday, January 30, 2009
Cassandra John Paulson Hedge Fund Manager Makes Billions from the Financial Crisis / Stock-Markets / Recession 2008 - 2010
As expected, the Federal Reserve kept its key interest rate near 0% and claimed it stands ready to take additional steps such as purchasing longer-term Treasury bonds if such a move will help get credit flowing once again.
It seems their logic is that lowering the yield on government bonds will spur other lenders to lower their own yields. Hmmm, isn't the mantra of cheaper money everywhere sounding familiar? Why, of course it is.
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Friday, January 30, 2009
Stock, Commodities, Futures and Forex Markets Analysis 30th January 2009 / Stock-Markets / Futures Trading
The March NASDAQ 100 was lower overnight due to profit taking as it consolidates some of Wednesday's rally. Stochastics and the RSI are bullish signaling that sideways to higher prices are possible near-term. If March renews this week's rally, the reaction high crossing at 1256.25 is the next upside target. Closes below the 10-day moving average crossing at 1186.95 would confirm that a short-term top has been posted.Read full article... Read full article...
Friday, January 30, 2009
Recession Makes Stocks Pause For Thought / Stock-Markets / Financial Markets 2009
A reality check for the Dow yesterday; the onslaught of ever grimmer economic news (and serious downward revisions to previous numbers) finally took its toll and snapped the 4 day winning streak. There was notable weakness in banking (the recent star performer), autos (Ford's $6bn loss) , aerospace (on dire durable goods data) & industrial equities.Read full article... Read full article...
Friday, January 30, 2009
Stock Market Investors Becoming Overly Complacent and Gold Update / Stock-Markets / Stocks Bear Market
A routine I have always kept to is listening to market news on the radio every morning. Recently it has felt as if the morning market news has morphed into the morning job losses report. It is no longer tracked on a monthly or weekly basis but rather the consortium of job cut announcements have been a routine part of the morning news. This Thursday morning, we were confronted with 12,000 jobs cuts lead by Eastman Kodak, Wednesday brought us 15,000, Tuesday 11,500 and kicking off the week on Monday we recorded 71,000 jobs losses.Read full article... Read full article...
Friday, January 30, 2009
Stock Market Rally Reverses Lower / Stock-Markets / US Stock Markets
The indices had a definite down day on Thursday, reversing the rally as they started out with a very negative pre-market, with lower futures. The markets gapped lower, rallied back to the gaps and failed, and then rolled over in stair step fashion for the rest of the day. A mid-afternoon rally also failed at resistance, with the S&P 500 closing very near the lows for the day.Read full article... Read full article...
Thursday, January 29, 2009
Obama's Role in the Next Stock Market Breakout Direction / Stock-Markets / Investing 2009
A hunch is a dangerous thing… And nowhere is it more dangerous than in the investment world, where a wrong hunch can get you a one way ticket to poverty bay.
That said, we thought we'd let you know ours anyway. We have a hunch the market is ready for a very sizeable move. That shouldn't surprise you; after all the VIX is still hovering in the stratosphere, and big moves are, by definition, accompanied by elevated levels in volatility.
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Thursday, January 29, 2009
Peter Schiff Rebuttal- A Response to My Critics / Stock-Markets / Managed Accounts
My popularity on television and the internet has led a very small money manager to use his popular financial blog to promote his fledgling business by attacking the recent poor performance of my long-term investment strategy. The post is causing quite a stir and compels me to provide some badly needed context.Read full article... Read full article...
Thursday, January 29, 2009
Wall Street Deception, Political Quest for Remedy Positives for Gold Safehaven / Stock-Markets / Credit Crisis 2009
What an interesting time we live in! By now, anyone who feels burned by the establishment, whether the Wall Street banksters (fraud kings) or US Congressional representatives (paid lobbyist clients), or US Congress banking committees (bribed Wall Street tools), or a private hedge fund con man (protected by regulators), or financial markets (victims of naked shorting), or an employer (from foreign plant & equipment investments), beware. More deception and betrayal and smokescreens and outright lies lie directly ahead.Read full article... Read full article...
Thursday, January 29, 2009
How Hedge Funds, Pyromaniacs and Gangsters Caused the Global Financial Crisis / Stock-Markets / Credit Crisis 2009
Martin Hutchinson writes: Let's face it: The financial services sector has suffered a severe loss in popularity.
The result is that governments in both the United Kingdom and the United States are looking for lightening rods to absorb all the criticism, and bankers have made for the ideal candidates.
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Thursday, January 29, 2009
Stock Market Buoyed By US Fed And Treasury / Stock-Markets / Financial Markets 2009
After hanging on with its fingertips to the slippy 8,000 level despite the onslaught of awful earnings, weak guidance and dire economic data, the Dow Jones went ahead last night after a market friendly FoMC statement from the US Federal reserve. New Treasury Secretary Tim Geithner helped too, saying that the government has lots of options to keep banks private and has no intention of nationalising them. Add to this the idea of a non punitive bad bank and the talk of an extra $2trn in capital injections and no wonder bank stocks went higher.Read full article... Read full article...
Thursday, January 29, 2009
Stock Market Punches Through Resistance / Stock-Markets / US Stock Markets
So much for resistance. Both the S&P 500 and NASDAQ blew through resistance levels, including their respective 50 day moving averages. The DJIA was the laggard, unable to breach overhead resistance and the 50 dma.Read full article... Read full article...
Thursday, January 29, 2009
Stock Market Bottom Pickers Beware of the Dow Jones Bear Market / Stock-Markets / Financial Markets 2009
We had a slow start to the week with prices drifting sideways and upward on below average volume. Wednesday the market put in a nice rally with small and mid cap stocks leading the way higher. The chart of the Dow or the DIA exchange traded fund shows the low volume clearly. Most indexes are now trading just below a short term resistance level and Wednesdays rally was on light volume. I don't like to be a bear, low volume rallies are not a bullish sign.Read full article... Read full article...
Thursday, January 29, 2009
Underlying Stock Market Trend Conditions / Stock-Markets / US Stock Markets
You are looking at the highway and see a car moving swiftly, efficiently, and smoothly down the road. You think in my youngest son's vernacular and say, "Wow, that's a sweet car".
After going two hundred feet down the road, the car backfires, sputters, and stops.
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