Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Wednesday, October 22, 2008
Stock Market Nasty Trading Session / Stock-Markets / US Stock Markets
A very nasty session, starting off with a sharp move down and then morning consolidation patterns that appeared very much to be bear-flag consolidations, and sure enough by mid-day when they started breaking the patterns the indices went quickly lower. They retested the lows, tried to bounce around that level, but was rather anemic, and in the afternoon they rolled over sharply. With about 15 minutes to go they were sharply lower at the lows for the day, down nearly 700 on the Dow, 78 on the SPX ,but a very sharp late snapback in the last 15-20 minutes, perhaps fueled by short covering, brought the Nasdaq 100 back about 35 points and the S&P 500 about 25 points, before they settled back a bit.Read full article... Read full article...
Wednesday, October 22, 2008
Sell into the Stocks Bear Market Rally / Stock-Markets / Stocks Bear Market
Analysis of the S&P 500 Index is presented today, with a slight tweaking of the Elliott Wave count. I have spent a big chunk of time reviewing the $CPC chart posted yesterday, along with the wave structure and am confident the described pattern is what will play out. There is a tradable bottom 1-2 weeks out, but a low should be established by mid to late week. Expect basing for 1-2 weeks before commencing a multi-month rally that should last until March or April 2009 (if the partial retracement is extremely rapid, then late December becomes the target).Read full article... Read full article...
Tuesday, October 21, 2008
Debt Slavery is the Real Reason Behind the Bail-Out / Stock-Markets / Credit Crisis Bailouts
I was just listening to Ron Paul on the latest Bail-Out of banks. He disapproved of the Bail-Out because he claims that it will destroy the financial system as we know it by destroying the dollar's value and creating hyper-inflation.
Ron Paul said "you can not just create trillions of dollars out of thin air without creating inflation". Paul's conclusions are based upon the idea of demand pull inflation. This means a situation where excess amounts of money are chasing a static or near static amount of goods and services.
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Tuesday, October 21, 2008
Definitive Stock Market Down-Day on Wall Street / Stock-Markets / US Stock Markets
The stock market had a volatile and negative session today. The indices were all over the place, but ended up near the lows for the day going away. The day started out with a big gap down on negative futures,they immediately rallied to come right back up to retest the highs of late Friday, but failed right there, sold off sharply and by mid-day were at the session lows at that point.Read full article... Read full article...
Tuesday, October 21, 2008
Has the Steamroller Rolled Over Options Trading Programs? / Stock-Markets / Options & Warrants
“In days of old, seers entered a trance state and then informed anxious seekers what kind of mood the gods were in, and whether this was an auspicious time to begin a journey, get married, or start a war. The prophets of Israel repaired to the desert and then returned to announce whether Yahweh was feeling benevolent or wrathful. Today The Market's fickle will is clarified by daily reports from Wall Street and other sensory organs of finance.Read full article... Read full article...
Tuesday, October 21, 2008
Stock Market Rebound Opportunities / Stock-Markets / Financial Markets
Our Wizards Jack Steiman, Mike Paulenoff and Harry Boxer weigh in this week on the direction of the markets. According to Steiman, author of SwingTradeOnline.com : Many triangles or flags are in place on the index charts, and for now we must realize that these are bear and not bull flags until they can be taken out to the top side of those triangles.Read full article... Read full article...
Tuesday, October 21, 2008
Stock Market Bottom Picking Thrill Seekers / Stock-Markets / US Stock Markets
With the U.S. bailout script now being adopted globally and panic-driven selling abating, a period of calm (albeit perhaps temporarily) has settled over the financial markets. What better time to talk about the next round of stimulus:
“…with the economy likely to be weak for several quarters, and with some risk of a protracted slowdown, consideration of a fiscal package by the Congress at this juncture seems appropriate.” Bernanke. Economic outlook and financial markets. October 20, 2008
Tuesday, October 21, 2008
Stock Markets Start Week with a Boost / Stock-Markets / US Stock Markets
The indices had a terrific start to the week. Although they were up early on they pulled back down quite quickly, with the NDX actually breaking Friday's support lows, but the S&P 500 did not and refused to confirm that early drop. When that occurred they reversed, and then went into a steady 5-wave rally which spiked up into the close, closing at the highs for the day going away.Read full article... Read full article...
Monday, October 20, 2008
Stocks Bear Market Long-term Investing Strategy / Stock-Markets / Stocks Bear Market
Financial crashes and panics tend to breed great investment opportunities!
This article seeks to formulate a stocks bear market accumulation investment strategy following the recent market falls that have taken stock prices down far beyond 30% from their highs set a year ago, even the ongoing bounce still leaves the major western stock indices more than 30% off their highs.
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Monday, October 20, 2008
Understanding Derivatives to Understand the Credit Crisis / Stock-Markets / Credit Crisis 2008
Like it or not we hear the term “derivatives” bandied about in the mainstream financial press these days with increasing regularity.
In recent times it has come to be a term that, when mentioned in conjunction with a particular financial institution, can cause loss of confidence or worse, maybe a herd-like run on deposits [or policies] on the offending institution.
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Monday, October 20, 2008
After the Market Crash Liquidity Starts to Repair Banking System / Stock-Markets / Credit Crisis 2008
Another historical week – the largest one day decline since the '87 crash and the largest one day gain since the '29 crash. OK, so the market is/has crashed – now what? Liquidity in the form of government and Federal Reserve funds are flooding the markets, buying nearly everything from bad bank debt to actual bank stock. Some have argued we are moving to a socialist society, but we'll leave the politics for someone else to discuss. Unfortunately the liquidity has not made it into the hands of those with loans outstanding or for those wanting to enter loan arrangements. The banking system is acting as a sponge, sopping up any and all liquidity it can find to repair very poor balance sheets.Read full article... Read full article...
Monday, October 20, 2008
Where The Heck Is The Stock Market Bottom? / Stock-Markets / Stocks Bear Market
A Logical Conclusion - One can make a case that sometime in 2010 our stock markets will “bottom out”. In this scenario, the DOW will decline below 5700 and the NASDAQ will fall under 430, after 33 to 35 months of highly volatile trading.
How did I reach this conclusion? Read on.
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Monday, October 20, 2008
Stock Market Will Bottom Well Before the Economy / Stock-Markets / Stocks Bear Market
Investing is really about risk management. When the odds are favorable, you expose some of your capital to the risk of loss in search of possible gains. The best time to invest is when both the technicals (charts) and fundamentals (valuations, future earning potential, etc.) are favorably aligned. There has never been and there never will be a time where the techncials and fundamentals are perfectly aligned, which is another way of saying there is always some form of risk in any financial market. It is simply the degree of risk which fluctuates.Read full article... Read full article...
Sunday, October 19, 2008
Dangerous Stock Markets for Bottom Pickers / Stock-Markets / Stocks Bear Market
The euphoria of Monday – good lord did Monday happen on Monday? This very week? Seems like years. And this week has seemed like years in the happening with truly astounding and historic events. Keep a journal. Someday you'll tell your grandchildren about the great financial panic of '08. Or maybe next month you'll be mumbling to yourself about it.Read full article... Read full article...
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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