Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Sunday, October 19, 2008
Stock Market Probing Short-term Bottom in a Long-term Bear Market / Stock-Markets / Stocks Bear Market
Current Position of the MarketLong-term trend - Down! The very-long-term cycles have taken over earlier than anticipated and if they make their lows when expected, the bear market which started in October 2007 should continue until 2012-2014.
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Sunday, October 19, 2008
Nationalisation and Capital Injections Mean Worst of Financial Crisis Behind Us / Stock-Markets / Credit Crisis 2008
BCA Research: Policymaker action finally hitting critical mass - “Fresh capital and government guarantees for bank liabilities are very positive signs that the credit crisis is nearing an end, although it will be a long road to recovery.
“Policymakers around the world have ‘pulled out the big guns' in their efforts to get the credit markets working again. Over the weekend, numerous European governments announced a massive bank bailout plan that includes funds for recapitalization, credit guarantees, and the purchase of troubled assets.
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Sunday, October 19, 2008
Investment Banks Turned Into Public Utilities / Stock-Markets / Credit Crisis Bailouts
"If you made it past the credit crisis, you are not making it past the economic carnage." Meredith A. Whitney, market analyst at Oppenheimer & CompanyIt worked. So far. The credit markets have begun to thaw. Overnight Libor (London Interbank Offered Rate) dropped 27 basis points to 1.67 percent, the lowest level since September 2004. Three month Libor shed 40 basis points this week to 4.42 percent. The Libor-OIS spread and TED spread are edging downward, too. The VIX, the Chicago Board Options Exchange Volatility Index---also known as the "fear index"--has skyrocketed to 80, a new record. But that is to be expected; after all, Wall Street is in a panic.
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Sunday, October 19, 2008
Volatile Week Ends With Signs of Improving Credit Markets / Stock-Markets / Financial Markets
What a crazy week! A week in which the Dow Jones Industrial Average managed to record both its largest single-day points increase (+936 points on Monday) and its second-largest one-day points decline (-733 points on Wednesday) since its start in 1896. On Thursday the CBOE Volatility (VIX) Index surged to a record high of 81.17, with the Dow closing the week 4.7% higher after the previous week's record 18.2% decline.Read full article... Read full article...
Sunday, October 19, 2008
Those Responsible for the Credit Crisis Should Go to Jail / Stock-Markets / Credit Crisis 2008
Keith Fitz-Gerald writes: By far, the No. 1 question I've received this week has been: Why aren't the guys who caused the credit-crisis meltdown headed for jail?Personally, I believe these savings-sapping, market-mashing miscreants ought to be rotting at the bottom of a deep dark hole. At the very least, they should be impoverished and prevented from capitalizing any further on the chaos they caused, meaning no book deals or fruitful forms of tell-alls.
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Sunday, October 19, 2008
Stock Market Short Lived Rallies Suggest Investors Want Out / Stock-Markets / US Stock Markets
The good news is: New lows have fallen off sharply.
Short Term - The preludes to the crash of 87 and the crash of 08 were very different, but the price patterns that followed have, so far, been similar. The percentage of issues hitting new lows in the crash of 87 set a record that held until a week ago. The 5 day average of the absolute value of the percentage change of the S&P 500 (SPX) set a record in 87 that still holds.
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Saturday, October 18, 2008
Stock Market Indicators Oversold Suggest Imminent Corrective Rally / Stock-Markets / Stocks Bear Market
This morning we will address two issues: Warren Buffett, and "Is the market trying to establish a short term bottom?
The first is the media hype on what Warren Buffett said about "buying stocks now".
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Saturday, October 18, 2008
Fed Fighting to Prevent 1930's Style Financial and Economic Deflation / Stock-Markets / Stocks Bear Market
It Still Ain't Gonna Work Plus A Quick Technical Look at Gold - As the market declined into the 2002 low we began to see more manipulation and efforts to hold the market up than ever before. In the wake of these desperately irresponsible acts, interest rates declined, the money supply expanded, banks embarked on ridiculously irresponsible lending practices and the housing bubble was born as was the commodity bubble. These acts by the Fed were a deliberate attempt to hold back the deflationary wrath of Kondratieff Winter, which is all about the purging of excess credit from the system. So, what do the geniuses in charge do? They promote more credit. Now that really makes sense doesn't it? Just as the economic cycle was trying to naturally deflate and purge itself of the credit excesses in 2001 and 2002, the brainiacs in charge stepped in and flooded the economy with more of what was ailing it. Credit.Read full article... Read full article...
Saturday, October 18, 2008
Mike Stathis Q&A Session from Emails / Stock-Markets / Financial Markets
I've been getting bombarded with so many emails that I really can't keep up. I appreciate your kind thoughts. Because many of the emails are similar and due to my lack of time, I've decided to periodically address questions from some selected emails here. Hopefully, this will answer some of the questions you might have as well.Read full article... Read full article...
Saturday, October 18, 2008
Economic Crisis Worsens as Consumer Confidence Hits Record Low / Stock-Markets / Recession 2008 - 2010
Confidence among Americans fell by the most on record and single-family housing starts hit a 26- year low, posing an increasing threat to consumer spending that accounts for more than two-thirds of the economy.Read full article... Read full article...
Friday, October 17, 2008
Higher Near-Term Target for Nasdaq Qs / Stock-Markets / Tech Stocks
Looking at the Q's (Nasdaq: QQQQ) from a near-term pattern and momentum perspective, the action during the past week could represent a double bottom in the making (around 29.30) or the conclusion of a significant downleg at yesterday's low (29.25) followed by the start of a potent recovery rally period. In either case, my work points higher to a minimum near-term target of 33.50 and then to test the Sep-Oct down trendline in the vicinity of 35.00/20. (11:55 am ET, $32.32).Read full article... Read full article...
Friday, October 17, 2008
The Current Financial Crisis- Causes and Consequences / Stock-Markets / Credit Crisis 2008
Adrian Day's reputation for discovering big winners adds credibility to the global investing pioneer's insights, which he is sharing with The Gold Report subscribers via excerpts from recent articles in Adrian Day's Global Analyst . Acknowledging what trying times these are for investors, in this first segment of a five-part series, Day discusses what led to the current economic crisis and how he sees Washington's $700 billion (and counting) bailout playing out.Read full article... Read full article...
Friday, October 17, 2008
Stocks Bear Market Extremes / Stock-Markets / Stocks Bear Market
The brutal stock markets have been exceedingly hostile to long-term investors for a couple months now, crushing all stocks regardless of their individual fundamentals and merit. And in the last couple weeks, even speculators have been getting slaughtered. This frenetic hyper-volatile environment is making short-term trading nigh-on impossible to execute successfully, even to the short side.Read full article... Read full article...
Friday, October 17, 2008
Stock Market Short-term Trend Indicator / Stock-Markets / US Stock Markets
Most investors look at yearly New Highs and don't look at lesser time periods. (The one year New Highs on the New York Stock Exchange has had a paltry 1 stock reading in the past few days.)Read full article... Read full article...
Friday, October 17, 2008
Stock Market Crash Alert- Last Chance to Sell! / Stock-Markets / Financial Crash
I hope you all took the sell signal I issued on Tuesday Morning. Even if you went short at the end of the day, you should be doing well by now. Friday is the last chance to sell short or get out of longs. The reason? Things may get a bit scary from here.Read full article... Read full article...
Thursday, October 16, 2008
JPMorgan Responsible for the Destruction of U.S. Financial System / Stock-Markets / Financial Crash
The tag team of JPMorgan as the monster and Goldman Sachs as its harlot represent a powerful pair that is more responsible for destroying the entire US financial system than 95% of the American public has any awareness. The colossus of JPMorgan is a monster, a predator, nurtured by pond scum. It has gobbled up Chase Manhattan, Manufacturers Hanover, Chemical Bank, Bank One, and more over the past two decades. Their profound presence in keeping the USTreasury Bond yields down can never be understated. They do so by managing 85% of the credit derivatives on the planet. They distorted usury prices, as in price of borrowed money, thus aggravating the LIBOR (London InterBank Offered Rate) market in a very visible manner.Read full article... Read full article...
Thursday, October 16, 2008
Federal Reserve Casino– "Place your Debts!" / Stock-Markets / Credit Crisis Bailouts
With the present system, a company´s worth is dictated by its stock value, which means even the best company can go out of business if its shares fall dramatically, regardless of whether it is profitable or not.Read full article... Read full article...
Thursday, October 16, 2008
Stock Market Buy and Hold Strategy Smashed / Stock-Markets / Investing
Have you heard these statements from your financial planner, mutual fund advisor, or stock broker?
- In the long term the market rises 8% per year.
- Investors cannot time the market. The best strategy for investing is to buy and hold for the long term.
Wednesday, October 15, 2008
Wall of Liquidity Was Wall of Leverage / Stock-Markets / Liquidity Bubble
"What we thought was a wall of liquidity, turned out to be a wall of leverage." – Paul Davies in the FT , quoting "a number of senior bankers..."
WANNA KNOW WHY your stock market shares keep on tumbling, right back to what one Fox news anchor just called "the absolute lows" from the end of last week?
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Wednesday, October 15, 2008
Stock Market Crash Alert! / Stock-Markets / Financial Crash
Dear Friends,
I have been surprised so far at how orderly the market has been, despite the heavy l losses. Just as it seemed that the market would roll over into “the big one,” it would rally back from the brink. Tonight I was reminded of an interview I had with Andrew Smithers in 2005 and the article I had written about it. I did a follow-up article again in 2006. I had identified the problem correctly, but was too early. The original link to an article that was published in Barron's has been turned off, but here is another link that quotes the original article verbatim. Read the articles. This is very important.
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