Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Thursday, January 08, 2009
New Year Stock Market Rally Over Already? / Stock-Markets / Financial Markets 2009
The Dow Jones fell 245 points yesterday in the biggest fall in a month. Stocks had their cage rattled with a quadruple body blow in the form of :Read full article... Read full article...
Thursday, January 08, 2009
Stock, Commodities and Currency Futures Markets Analysis 8th January 2009 / Stock-Markets / Futures Trading
The March NASDAQ 100 was higher in overnight trading due to short covering as it consolidates some of Wednesday's decline. However, stochastics and the RSI are overbought and are turning bearish signaling that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 1217.00 would temper the near-term friendly outlook in the market. If March extends the rally off November's low, the reaction high crossing at 1321.75 is the next upside target.Read full article... Read full article...
Thursday, January 08, 2009
India’s Economy Still Strong Amidst Growing Global Financial Crisis / Stock-Markets / Investing 2009
Mike Caggeso writes: In a surprise to many, India's central bank has cut its base-lending rate four times since October, going from 9% to its current rate of 5.5%. After all, isn't India's economy growing nearly as fast as China's? And isn't that growth already being fueled by an unprecedented level of middle-class spending?Read full article... Read full article...
Thursday, January 08, 2009
Stocks Bear Market, Setting the Bull Trap / Stock-Markets / Stocks Bear Market
Recently I sent you an Outside the Box from Paul McCulley who supports the government and Fed activity (in general) in the current economic crisis. Today we look at an opposing view from Bennet Sedacca of Atlantic Advisors. He asks some very interesting questions like:
Shouldn't the consumer, after decades of over-consumption, be allowed to digest the over-indebtedness and save, rather than be encouraged to take risk?
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Wednesday, January 07, 2009
Stock Markets Strong Sell Off Breaks Support Level / Stock-Markets / US Stock Markets
The stock market had a strong sell-off today on negative individual company and economic news. The market indices gapped sharply lower as the futures were down sharply before the opening. They then bounced back a couple times to test resistance and failed both times, and in the afternoon as a result of that they rolled over steadily and sharply, reaching new 2-day pullback lows under 1230 on the Nasdaq 100 and under 902 on the S&P 500.Read full article... Read full article...
Wednesday, January 07, 2009
Anticipating Nasdaq Afternoon Nose Dive / Stock-Markets / Tech Stocks
Based on my near-term pattern work, my preferred scenario calls for upside backing and filling in the Q's (NASDAQ: QQQQ) for the next 1-3 hours, followed by another swoon that breaks the low for the day (30.47) on the way to my optimal corrective target of 30.00. If such a scenario unfolds, I will be evaluating the pattern and the underlying momentum gauges for a possible short position, also weighing whether there's a reasonable amount of time remaining in today's session to take the trade.Read full article... Read full article...
Wednesday, January 07, 2009
Offbeat Economic and Financial Predictions for 2009 / Stock-Markets / Forecasts & Technical Analysis
In this week's article, I wanted to follow up my article from last week – Predictions for 2009 - and this time offer some offbeat predictions for 2009. First, however, I wanted to make a few observations about making prognostications. Many times prognosticators look to the past for patterns which will repeat themselves in the future.Read full article... Read full article...
Wednesday, January 07, 2009
Stock Market Investing 2009: Major Post Asset Deflation Themes / Stock-Markets / Investing 2009
Our 2009 screening and ranking process included literally thousands of investment options. In addition to our standard watch list of roughly 200 investment alternatives, we also used several stock scanning models to identify other potential sources of opportunity. The final results left us with a collection of investments which congregated around the following overlapping investment themes:Read full article... Read full article...
Wednesday, January 07, 2009
Stock Markets Find Some Reasons To Be Cheerful / Stock-Markets / US Stock Markets
U.S. equities managed to keep their head above water yesterday despite a profit warning from Bank of America (recall they now own Merrill Lynch and Countrywide) and very soft home sales and factory orders . So why the new found tentative optimism? The bull's case is that stocks are clearly benefiting from:Read full article... Read full article...
Tuesday, January 06, 2009
Financial Markets Outlook 2009: Angling for a Recovery / Stock-Markets / Investing 2009
Give a man to fish and you feed him for a day. Teach him how to print money and you feed him for a lifetime? Juxtaposed against this seemingly outlandish re-write of the popular Chinese proverb is the image of the U.S. trying to inflate away the ills of asset and debt deflation. To be sure, with zero-bound interest rates unable to revive the lending/borrowing/asset bubbling dynamic that has helped support U.S. economic growth for the better part of the last two decades, policy makers have resorted to directly buying toxic/illiquid assets, lending to unqualified borrowers, and investing in insolvent entities. And thanks to the power of the printing press (not to mention the continued kindness of foreigners), these activities are largely being funded out of thin air.Read full article... Read full article...
Tuesday, January 06, 2009
Financial Market Forecasts 2009 for Gold, US Dollar and Crude Oil / Stock-Markets / Investing 2009
The year 2008 will be written about in finance textbooks for generations to come. The inevitable collapse of the boom, built single-headedly on credit, finally came home to roast. Ironically, further liquidity is what has, thus far, ensured the survival of the system. Having received the rubber stamp for a $700B bailout, leave it to politicians to decuple that number to, a now estimated, $7 trillion. A liability that is set to fall on the shoulders of your kids and grandkids that realistically will never be paid off. By next year, America will join the likes of Japan and Italy with GDP-to-debt ratios in excess of 100%. How will congress dig itself out of this whole? All fingers are pointing to the monetization of debt.Read full article... Read full article...
Tuesday, January 06, 2009
Reflections On 2008, Investment Themes For 2009 / Stock-Markets / Investing 2009
2008 may best be remembered as the year most would like to forget.Sure there were some highlights that nearly everyone will remember fondly such as the opening ceremony of the Olympics in China, and for Democrats the election of Barrack Obama, the first black president in history, but otherwise there were slim pickings, especially on the economic side.
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Tuesday, January 06, 2009
Stock Market Indices Brush Off More Dire Economic Data / Stock-Markets / Financial Markets 2009
In the first real trading day of 2009 yesterday, stocks took a breather and headed modestly lower. This was despite truly woeful auto sales numbers and updates on Apple founder Steve Jobs ailing state of health. In short limited risk appetite seems to have returned with less daily volatility. There are now less defensive stocks outperforming and each additional dire piece of gloomy economic news seems to be having a diminishing marginal negative effect on equity markets, for the moment.Read full article... Read full article...
Tuesday, January 06, 2009
China the New Leader in Asian Stock Markets / Stock-Markets / Chinese Stock Market
Historically Asian markets tended to follow Japan as Japanese equities provided regional leadership over other developed markets such as Hong Kong, and South Korea. However, in the coming market cycle Japan may find itself replaced by the Chinese markets as the Chinese economy begins to recover from the global slowdown.Read full article... Read full article...
Monday, January 05, 2009
Overbought Stock Market Yields to Profit-Taking / Stock-Markets / US Stock Markets
The markets had a reasonable consolidation day, but ended lower on the session, due to profit-taking from a very overbought condition. Although at mid-day they did reach new rally highs, a pullback in the last couple hours pulled them back into negative territory.Read full article... Read full article...
Monday, January 05, 2009
Financial System Rotten to the Core / Stock-Markets / Scams
The Madoff “Ponzi” Scam...Con of the Century.
When I read that 70 year old Bernard Madoff... variously called the “Wizard of Wall Street” , “the man with the Midas touch”, and “the Jewish bond” ... was arrested on December 11th 2008 by FBI agents in relation to a US$50 billion dollar fraud I was astounded.
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Monday, January 05, 2009
Stock Market Investment Planning for the End of the Recession / Stock-Markets / Investing 2009
To mangle a bit of Shakespeare – we come to bury 2008, not to praise it. The real question is whether flipping the calendar will make a difference in the markets. Judging by the one trading day so far, yes it does. The economic numbers continue to look bad – from housing to manufacturing – and the earnings season that begins in a couple of weeks won't provide much better news. So with such a dire background, why are we teetering on the bullish side?Read full article... Read full article...
Monday, January 05, 2009
Stock and Commodity Market Forecasts for 2009 / Stock-Markets / Investing 2009
The Year of the Snakes - It's that time of year again. The obese pledge to hit the gym, the drunks plan to switch to soda, and the smokers will run to the nearest convenience store for their nicotine patches. As is the American way, very few of those who confront their self proclaimed character flaws will have the fortitude to see their goals through.Read full article... Read full article...
Monday, January 05, 2009
Stock, Commodities and Currency Futures Markets Analysis 5th January 2009 / Stock-Markets / Futures Trading
The March NASDAQ 100 was steady to slightly lower in quiet overnight trading. Stochastics and the RSI are bullish signaling that sideways to higher prices are possible near-term. If March extends last week's rally, the reaction high crossing at 1321.75 is the next upside target. Closes below the 10-day moving average crossing at 1206.07 would temper the near-term friendly outlook in the market.Read full article... Read full article...
Monday, January 05, 2009
Stock Market Clean Breakout Higher / Stock-Markets / US Stock Markets
No denying it when it takes place. Breakout and run which is what we saw today. The Market said good bye to 915/8857 and 1607 on the Sp, Dow and Nas respectively. Those 50 day exponential moving averages which were the major road blocks to higher levels were bulled over. The bears can make a good case that there was no volume and when it does come back in on Monday we'll head right back down. that may be the case but there's a few things going on here that argues against it.Read full article... Read full article...