Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Friday, January 23, 2009
Another Rollercoaster Day on the Stock Markets / Stock-Markets / Financial Markets 2009
The ‘could go up, could go down' club that is the Dow Jones these days continues its volatile flirtation with the psychological 8,000 level. More disappointing earnings, guidance numbers and layoff news from Microsoft, eBay, Lockheed, AMD and the regional banks took their toll. The Dow finished down 130 points yesterday, despite a late in the day rally.Read full article... Read full article...
Thursday, January 22, 2009
Wild Stock Market Swings in Losing Session / Stock-Markets / Volatility
The market certainly got some volatility today, down in the morning, up mid-day and then back down late in the day. But it ended with losses for the session. The day started out with a big gap down on negative futures. They backed and filled in the morning, bear-flagged, and then went lower, reaching the session lows by mid-morning. That was right at yesterday's mid-day lows. When those levels held the indices then staged a rally.Read full article... Read full article...
Thursday, January 22, 2009
Financial Markets Forecasts for 2009 / Stock-Markets / Investing 2009
2008 was the year that collatorised debt obligations wiped out the capital bases of the west's biggest banks, which played itself out during September 2008 following the china syndrome chain reaction that followed the Lehman's bust that led to the unprecedented actions of capital injections and nationalisation of too big to fail banks that looks set to continue for the whole of 2009 and beyond. The crisis had been festering and growing since the August 2007 interbank market freeze due to flawed and some could say fraudulent mark to market valuation of worthless over leveraged mortgage backed CDO's.Read full article... Read full article...
Thursday, January 22, 2009
Worst Stocks Bear Market for 200 Years! / Stock-Markets / Stocks Bear Market
We have featured the work of Wharton Finance Professor Jeremy Siegel on a number of occasions and are doing so again to get some badly needed perspective on what is, by all objective accounts, a very confusing current market picture.
Siegel's work has both adherents and detractors, but it's hard to argue with his data. His most famous work may be the following bit of pictorial pulchritude:
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Thursday, January 22, 2009
Stock, Commodities, Futures and Forex Markets Analysis 22nd January 2009 / Stock-Markets / Futures Trading
The March NASDAQ 100 was higher overnight due to short covering as it consolidates some of Tuesday's decline. Stochastics and the RSI are neutral to bearish signaling that sideways to lower prices are still possible near-term. If March renews this week's decline, the reaction low crossing at 1097.00 is the next downside target. Closes above the 20-day moving average crossing at 1205.55 would confirm that a short-term low has been posted. First resistance is the 10-day moving average crossing at 1193.52. Second resistance is the 20-day moving average crossing at 1205.55. First support is Tuesday's low crossing at 1132.00. Second support is the 62% retracement level of the November-January rally crossing at 1123.08.Read full article... Read full article...
Thursday, January 22, 2009
Death Agony of Thatcherism Deregulated Financial System Model / Stock-Markets / Market Regulation
During the end of the 1970's into the 1980's British Conservative Prime Minister Margaret Thatcher and the City of London financial interests who backed her, introduced wholesale measures of privatization, state budget cuts, moves against labor and deregulation of the financial markets. She did so in parallel with similar moves in the USA initiated by advisers around President Ronald Reagan. The claim was that hard medicine was needed to curb inflation and that the bloated state bureaucracy was a central problem.Read full article... Read full article...
Thursday, January 22, 2009
Stock Market 2009 Elliott Wave Count Analysis / Stock-Markets / Elliott Wave Theory
The short-term Elliott Wave count of the S&P 500 Index is shown below, with the preferred count shown in colour and the alternate count shown in grey. For the preferred count to be correct, wave [b] of a triangle MUST be forming at present, and follow through to wave [e] for completion to form wave XX before starting wave Z…this pattern represents a triple combination that would allow the broad stock markets to rise into mid March/early April 2009.Read full article... Read full article...
Thursday, January 22, 2009
Another Bear Market Bounce Or Stocks Bottoming? / Stock-Markets / Financial Markets 2009
Stocks rallied hard yesterday from oversold levels as newbie Treasury Secretary Tim “the enchanter” Geithner talked of the need for a “forceful” fiscal stimulus and action on a “dramatic scale” to strengthen banks. He also hinted that plans for a “ bad bank ” may be gaining traction. A round of executive bank share purchases from Jamie Dimon (550k shares) at J.P. Morgan and embattled Ken Lewis at Bank of America (200k shares) also helped to give better tone to financials and instil a bit of much needed confidence. But it may be just another dead bank bounce.Read full article... Read full article...
Thursday, January 22, 2009
Where the Stock Market, Gold and Silver are Headed Next / Stock-Markets / Investing 2009
January 20th, 2009 probably one of the biggest days of this year, marked by several key new appointments. We have inaugurated our 44th president, Barack Hussein Obama, elected into office with the hopes that he will bring with him, a magic wand and resolve two decades of excess liquidity and derivative growth. A hope that will, undoubtedly, be shattered very quickly. Obama will simply continuing doing what actually start this problem and that is, print more money (or the new politically correct term, quantitative easing). The only ideal “solution” at this point, is for current government to successfully create another bubble somewhere.Read full article... Read full article...
Thursday, January 22, 2009
Stock Market Still Has A Pulse / Stock-Markets / US Stock Markets
The market took back a large chunk of what it lost yesterday. However, considering the losses that have stretched over almost two weeks, the market is still under water. On the positive side, both the S&P 500 and the Dow Jones Industrial Average have established a lower low-for the time being. Both are also currently sitting right above support levels. For the S&P 500, support is in the 800 area and resistance is in the 850 area. For the DJIA, support is located in the 8000 area while it faces resistance at around 8280.Read full article... Read full article...
Thursday, January 22, 2009
Stock Market Indices Snapback in Significant Turnaround Session / Stock-Markets / US Stock Markets
The markets had a strong opening, a tough and steep retest that held, and then some mid-day back and forth vacillations, at which point the direction looked in doubt. Two or three mid-day tests of support held, and then they started a very strong rally that started feeding on itself spurred by apparent short covering, and in the last hour in particular spiked up right into the close with sharp gains.Read full article... Read full article...
Wednesday, January 21, 2009
Proshares Ultrashort SPY Upleg Near Completion / Stock-Markets / Exchange Traded Funds
Let's notice that after the Proshares Ultrashort SPY (AMEX: SDS) pulled back (to 82.88) during the first hour of trading, it climbed strongly to an intraday high at 87.11, which happens to be just shy of yest.'s rally peak at 87.65. The fact that the price structure failed to make a new high, and instead has backed away from the highs, suggests strongly that the upleg from the 1/06 low at 64.29 is at or is quickly nearing completion ahead of a meaningful decline.Read full article... Read full article...
Wednesday, January 21, 2009
Investors Preserve Your Wealth during the Global Banking Crisis / Stock-Markets / Investing 2009
“Accepting losses is the single most important investment device to insure safety of capital. It is also the action that most people know the least about, and are least likely to execute. The most important single thing I learned is that accepting losses promptly is the first key to success. It's a great mistake to think that what goes down must come back-up,” warned Gerald Loeb, the Dean of Wall Street, in his epic book “The Battle for Investment Survival,” last copyrighted in 1965.Read full article... Read full article...
Wednesday, January 21, 2009
Fear Trumps Obama Hope As Dow Jones Plunges Below 8,000 / Stock-Markets / Stocks Bear Market
The public euphoria surrounding Obama's big day out failed to lift equities. The regional banks were laggards and a drag on the S&P while chip stocks led the NASDAQ's fall. Take State Street bank for example, who were meant to be one of the “safe” plays in financials. Despite better earnings they finished down 59% after a shambolic investor call in which it became apparent that they had a major issue with off balance sheet vehicles. If taken back on the balance sheet it would cost $23bn in unrealised losses on bonds.Read full article... Read full article...
Wednesday, January 21, 2009
Disastrous Stock Market Session Welcomes Our New President / Stock-Markets / Financial Crash
The markets had an unmitigated disastrous session today, opening lower with a gap down on negative pre-market futures and selling off sharply early in the morning. They bounced back and forth around the inauguration, and when there was nothing major said of economic significance, the markets continued to make lower lows and lower highs all day, failing to break through trendlines or moving averages at any point, and closing near the lows for the day going away.Read full article... Read full article...
Tuesday, January 20, 2009
FTSE 100 Index Stock Market Forecast 2009 / Stock-Markets / UK Stock Market
I am expecting the FTSE stock market index to follow a similar trend to the Dow Jones, however the ongoing currency crash means that the FTSE 'should' perform relatively more strongly than the Dow as a consequence of the exchange rate movement. The in-depth analysis of October 2008 - Stocks Bear Market Long-term Investing Strategy that accurately forecast the 20% corrective rally (that appears to have terminated) to be followed by a subsequent stocks bear market low in Mid 2009, included was the strategy of scaling into the market at the rate of 10% of funds allocated to stock market investing per each month that the stock market was within 10% of its lows. The bear market rally following the October low has been very weak, which suggests much lower trading than the October low.Read full article... Read full article...
Tuesday, January 20, 2009
Dow Jones Stock Market Forecast 2009 / Stock-Markets / US Stock Markets
Looking forward a week is hard enough let alone 12 months, Still, the in-depth analysis of October 2008 - Stocks Bear Market Long-term Investing Strategy that accurately forecast a 20% corrective rally (that appears to have terminated) and a subsequent stocks bear market low in Mid 2009, with a strategy of scaling into the market at the rate of 10% of funds allocated to stock holdings per each month that the market is within 10% of its lows. The bear market rally following the November lows has been weak, which does not bode well for stocks, as the hope associated with the Obama rally appears to have evaporated.Read full article... Read full article...
Tuesday, January 20, 2009
Presidential Cycle Suggests Strong Stocks Bull Market in.. 2011 / Stock-Markets / Stocks Bull Market
Nilus Mattive writes: I don't consider myself a political person. I don't stay up late on election nights to tally results. Nor do I put signs up in my front yard. In fact, my personal views about the way our great country should be run don't even fit into any of the mainstream viewpoints.Read full article... Read full article...
Tuesday, January 20, 2009
Fed Manipulating Market Prices, Gold, Oil and Bonds / Stock-Markets / Market Regulation
Questions Begging Answers - To say that markets have been behaving “strangely” recently is an understatement. In recent weeks and months we've been witness to historic lows in sovereign interest rates in-the-face-of record amounts of debt being issued by governments? We've seen the price of gold behave counter intuitively by “not rising” in-the-face-of unprecedented systemic global economic malaise? Last, but not least, we've witnessed a “complete flip-flop” in the traditional pricing of Brent Crude Oil [IPE-London] versus West Texas Intermediate [NYMEX-N.Y.]?Read full article... Read full article...
Tuesday, January 20, 2009
Obama Stock Market Bounce or Bump? / Stock-Markets / Financial Markets 2009
U.S. markets were closed yesterday for Martin Luther King Day ahead of Obama's big day out today. So will we get a Barack bounce or bump? Well we will most likely see some sort of knee-jerk rally on such a historic day. But then we will have the hangover induced by the same old same old issues of evaporating earnings, dismal future guidance, rising unemployment, continued falls in house prices and an increasing foreclosure rate.Read full article... Read full article...
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