Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Monday, October 13, 2008
Analysts who Forecast the Stock Market Crash of 2008 / Stock-Markets / Financial Crash
We have just lived through one of the greatest stock market crashes in history, on par and in many cases exceeding October 1987. As I have iterated several times that the stock market crash would comprise of many crashette's rather than a single one day crash of the 1987 variety as 'most' of the worlds governments following 1987 have implemented circuit breakers and plunge protection teams in place so as to prevent a one day crash, and have thus stepped in during market freefall's to engineer a bounce, this has happened many times over the last 3 weeks. Still falls of as much as 10% in a single day's closing basis are still pretty significant crashette's!Read full article... Read full article...
Monday, October 13, 2008
S&P Stock Index Targeting 400 Bear Market Low / Stock-Markets / Stocks Bear Market
The S&P 500 has experienced price level growth in the 1990's through today (Oct 10) that is substantially greater than the price growth it experienced in the 40 years after 1950.
We've all partied in the growth rates of the last approximate 20 years, but the party may be over.
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Monday, October 13, 2008
Is the Stock Market Crash of 2008 Over? / Stock-Markets / Financial Crash
Chaos and uncertainty rule in this market. People are scared and are in a panic. I'm sure you feel it yourself, especially if you have 401K's or other long-term investments in the stock market. Even though I've made a lot of money this year trading against the market and have been in cash for weeks now, I felt the fear myself after I tried to go long last Friday and took a 2% hit in my own portfolio for sticking my toe in the market just for a few hours.Read full article... Read full article...
Monday, October 13, 2008
U.S. Fed Announces Unlimited Borrowing / Stock-Markets / Nationalization
This morning the Fed issued a Press Release On Unlimited Borrowing .In order to provide broad access to liquidity and funding to financial institutions, the Bank of England (BoE), the European Central Bank (ECB), the Federal Reserve, the Bank of Japan, and the Swiss National Bank (SNB) are jointly announcing further measures to improve liquidity in short-term U.S. dollar funding markets.
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Monday, October 13, 2008
Stock Market Crash Capitulation Low? / Stock-Markets / Financial Crash
Our Wizards Mike Paulenoff, Harry Boxer and Jack Steiman weigh in this week on the direction of the markets.
According to Paulenoff, author of MPTrader.com : The most salient aspect of the weekly chart of the S&P 500 is that despite the fact that the index closed 60 points off of Friday's low, the index at 899.22 also closed 198 points from the week's high, which means that the net result of this week is downside continuation. Although I would not be surprised to see the SPX climb to 960-1000 sooner than later, I also think that another loop down to 839 must take place thereafter.
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Monday, October 13, 2008
Financial Markets Crash Greatest Opportunity in History! / Stock-Markets / Global Stock Markets
- Monetary Tsunami Unfolding
- The Devil's Spawn
- Marxism Descending on America
- Bonds, er Bombs Away
- Stock Market Cycles by Peter Eliades and Garret Jones
Things are unfolding in rapid-fire manner and it's hard to address all the issues you must keep in mind. But the one you must keep front and center is that this is the GREATEST opportunity in history for those that keep their wits about them, and an opportunity of historic proportions is on the table. In the early 1930's Joe Kennedy turned his personal net worth from $4 million to over $100,000,000 in a matter of a few short years. YOU can do this yourself if you are NIMBLE, PREPARED and DO NOT succumb to FEAR (false evidence appearing real). You cannot be a deer in the headlights and become roadkill, as most investors are about to do. The mainstream and financial media are attempting to lead you to your demise.
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Monday, October 13, 2008
Nationalisation of the Wests Banking System / Stock-Markets / Financial Markets
A quick review, first.
We wrote, on 24th January 2008:“ In FTSE 100 terms, we were above 6700 in October and we went to 5300 this week – a fall of 20%. That is a crash by any other name.
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Monday, October 13, 2008
Global Stock Market Sell Off and Extreme Volatility / Stock-Markets / Financial Crash
It could be argued that even with the wild gyrations of the past few months, many were still in denial about the state of the financial markets. Last week, fear was rife as traders, investors, and the man on the street could no longer deny the magnitude of the global sell off. Some commentators are referring to it as the great crash of 2008. Certainly, there have been bigger one day falls in percentage terms, but the scale and unyielding nature of the October's sell off of is unique.Read full article... Read full article...
Sunday, October 12, 2008
The Crushing Potential of Financial Derivatives / Stock-Markets / Derivatives
George Soros, one of the world's foremost investor-speculators, has said many times that he stays away from financial derivatives because “no one understands them”. In the world of finance, derivatives might be comparable to the theoretical study of linear particle acceleration in nuclear physics. Such theories appear to be “understood” mainly based on current assumptions accepted in academic circles, often with little provable working knowledge of how such currently-held theories might ultimately manifest themselves over the long run in the real world. The problem with assumptions is that they generally change…often sooner than we think.
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Sunday, October 12, 2008
Jim Cramer Time to Get Out of Stock Market a Buy Signal? / Stock-Markets / Global Stock Markets
Casey's Charts: Market mayhem has the Fed off balance“The Fed has resorted to new extremes in this financial crisis by selling off and lending its good assets, US Treasuries, in exchange for toxic waste. The result: the Federal Reserve's balance sheet has been completely restructured – including innovative off-balance-sheet hocus-pocus – and looks like it's headed for exhaustion.
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Sunday, October 12, 2008
Stock Market Crash Bloodbath Frustration / Stock-Markets / Financial Crash
I have been away from the trading desk, and the stock market's bloodbath, during the past few days as I am on a business visit in Geneva. Just as well, but I can nevertheless associate with the frustration of the trader in the animated image (hat tip: Rob Fraim).Read full article... Read full article...
Sunday, October 12, 2008
How We Called the Stock Market Crash of 2008 / Stock-Markets / Financial Crash
We wrote in our September 12th, weekend newsletter, page 7, “September 29th could be a kickoff to a devastating stock market crash.” That has proven true to the precise day, the Industrials crashing 3,260 points, or 29 percent since September 29th. But, how did we know?Read full article... Read full article...
Sunday, October 12, 2008
Stock Market Imminent Seasonal Lows at Historic Times / Stock-Markets / US Stock Markets
The good news is: We are living through great theatre. On October 20, 1987 there were 1174 new lows on the NYSE, about 57% of the 2076 issues that traded that day, a percentage record that held until recently. Last Friday there were 2901 new lows on the NYSE, about 88% of the 3306 issues traded. New lows have been calculated with their present methodology since January 1, 1978. At the 1987 low the S&P 500 (SPX) was 33.2% off its all time high set about 6 weeks earlier. On Friday the SPX was 42.5% off its all time high set about 1 year earlier.Read full article... Read full article...
Sunday, October 12, 2008
Dow Jones Crash Shows $700 Billion Bailout an Exercise in Futility / Stock-Markets / Credit Crisis Bailouts
Troubled Ass Relief Program (Tarp) - As the precipitous drop of the Dow Jones index of industrial stocks to the 8600 level on Thursday shows, the $700 billion bailout is an exercise in futility. The rescue effort administers one wrong medicine after another. Shunting rotten assets to the balance sheet of the central bank is not the way to go. Consolidating banks through forced mergers is not the way to go. Cutting interest rates is not the way to go. These measures make the problem worse, not better.Read full article... Read full article...
Saturday, October 11, 2008
The Once in a Lifetime Stocks Bear Market / Stock-Markets / Stocks Bear Market
Why wasn't that a perfect reversal Jack? Because the advance decline line wasn't right. Slightly more losers than gainers on the Nas but 2/1 negative on the Nyse. You want 2/1 or 3/1 advancers to decliners. I know today seemed exciting with such a massive reversal but many stocks lagged badly and some were absolutely crushed. You won't see that when we make just the right reversal. The rally occurred for two reasons. Incredibly oversold and massive short covering ahead of the G7 meeting this weekend which will be a meeting to try and find more solutions for the current credit crisis. The shorts are afraid of them coming up with a solution that the market will like.Read full article... Read full article...
Saturday, October 11, 2008
Stock Market Capitulation Low? / Stock-Markets / Financial Crash
The most salient aspect of the weekly chart of the S&P 500 is that despite the fact that the index closed 60 points off of Friday's low, the index at 899.22 also closed 198 points from the week's high, which means that the net result of this week is downside continuation. Although I would not be surprised to see the SPX climb to 960-1000 sooner than later, I also think that another loop down to 839 must take place thereafter.Read full article... Read full article...
Saturday, October 11, 2008
Credit Crisis Collapse What Happens Next? / Stock-Markets / Credit Crisis 2008
- Construction Lending: The Next Shoe to Drop
- Lehman at the Center
- Iceland Guarantees What?
- Letters of Credit: Going, Going Gone?
- What to Do and Where Do We Go from Here?
I have been writing for almost a year that the next shoe to drop on US banks would be commercial construction lending. Today we look at some hard numbers. We look across the pond to sort out the problems in Europe. We look at the consequences of the losses stemming from Lehman. Then we look at one of the more serious consequences of the banking crisis, one that will bring the crisis home to you. Finally, we look at what the various governments of the world must do in response. It may not be fun, but it should be interesting. And it is important. Feel free to forward this letter to anyone who asks why we not only need the bailout but will need even more coordinated government action.
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Saturday, October 11, 2008
Stock Market Crash Chart Price Pattern / Stock-Markets / Financial Crash
“I set a watchman over you, saying, ‘Give heed to the sound of the trumpet!' But they said, ‘We will not give heed!' Therefore hear, O nations, and know, O congregation, what will happen to them. Hear O earth; behold, I am bringing evil upon this people, the fruit of their devices , because they have not given heed to my words; and as for my law, they have rejected it.”Jeremiah 6:17Read full article... Read full article...
Saturday, October 11, 2008
Financial Crash and TV Media Machines Perpetual Buy Recommendations / Stock-Markets / Financial Crash
Maybe there's a good reason why CNBC has a show called Fast Money. If you follow the advice of these guys, your money is likely to evaporate very fast. Likewise, I'm beginning to see why Cramer's show is called Mad Money. You're likely to get mad if you follow his advice. Or maybe you have to be a mad man to watch it.Read full article... Read full article...
Saturday, October 11, 2008
Anatomy of Financial and Economic Disaster -Part2 / Stock-Markets / Financial Crash
Last week we looked at some historical milestones as we compared the events leading up to the Great Depression to what we're seeing now. While apples to apples comparisons are problematic due to vast differences in the way economic statistics are measured and reported, it is a much more simple matter to see the big picture. This week, we take a look at things from a monetary perspective.Read full article... Read full article...