Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Thursday, August 28, 2008
Financial Markets Heading for Trading Ranges / Stock-Markets / Financial Markets
Arguably, gold shares are leveraged to the gold price.
Arguably, the markets look ahead. If these two propositions are true, then the direction of movement of gold share prices should be pointing the way to the future direction of gold price movements.
The chart below (courtesy stockcharts.com) reflects a fairly serious breakdown of the relative strength chart of gold shares vs the gold price
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Thursday, August 28, 2008
Financial Markets Subterfuge Illusion and The Art Of Misdirection / Stock-Markets / Market Manipulation
Subterfuge, illusion, and misdirection – this is what the bureaucracy perpetuates on the public every day. Please look over here at the giveaways and presents we have for you while we continue to defraud your children out of a future – all for the greater good you know. Not surprisingly then, the net result of all this is an increasingly debased society, which accounts for our willingness to allow the same for the currency. Quite literally, one couldn't make this stuff up if you tried, such supposedly wealthy and educated people willing to give up their liberties so easily, but at the same time this has all happened before (think Rome – Bread And Circuses), just not on this scale. And nobody wants to touch the subject matter because it's just that ugly, a dark reflection on what we have become. A society of gamblers and drug addicts who need a variety of fix every day just to get by.Read full article... Read full article...
Thursday, August 28, 2008
Stock Market Cycles Analysis Suggests Final Low by October / Stock-Markets / US Stock Markets
Current Position of the Market
Long-term trend - The Dow Jones Industrials may be deviating from their typical decennial pattern in an election year. Important cycles going into the Fall could be the reason for this, but one also has to consider the possibility that the downward pressure from the 120-yr cycle, which is due to make its low in 2012-2014, has begun to take effect and that October 2007 was the top of the bull market. This is not yet confirmed and remains a low probability.
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Saturday, August 23, 2008
Is the Dow Jones Index and Dow Theory Irrelevant? / Stock-Markets / Dow Theory
This past week I was listening to an interview with an analyst who said that she had some 27 years of experience. In this interview she claimed that the Dow Jones Industrial Average was irrelevant. When I heard this I cringed. Now this is not to say that I don't see the argument behind this statement. Most people that make such statements are merely referring to the fact that the Dow Jones Industrial Average is comprised of only 30 stocks and that because of its narrow cross section of the market it is not reflective of the entire market. I have heard this argument countless times and hearing it once more really didn't surprise me.Read full article... Read full article...
Saturday, August 23, 2008
Imminent Bank Failures- Credit Crisis Worst is Yet to Come / Stock-Markets / Credit Crisis 2008
The deepening toll from the global financial crisis could trigger the failure of a large US bank within months, a respected former chief economist of the International Monetary Fund claimed Wednesday, fueling another battering for banking shares.
Professor Kenneth Rogoff, a leading academic economist, said there was yet worse news to come from the worldwide credit crunch and financial turmoil, particularly in the United States, and that a high-profile casualty among American banks was likely.
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Friday, August 22, 2008
Lehman, Treasury, Fed Lose Control of Banking System Game / Stock-Markets / Credit Crisis 2008
Analyst Richard Bove has stated Lehman CEO Richard Fuld has "lost control of the game." That is something I completely agree with as it should be obvious to all. Bove went on to say "If he doesn't do something this weekend, as of next week, the game is on." That makes absolutely no sense. Nor does Bove's price target of $20 per share.Yes, Lehman has been shopping around for buyers, but buyers have been balking. I talked about Lehman talks collapsing and how poorly Lehman's preferreds trade in Ten Financial Entities On The Brink . Read full article... Read full article...
Friday, August 22, 2008
SPX Stocks Bear Market Technicals / Stock-Markets / Stocks Bear Market
Back in mid-July, as Fannie Mae and Freddie Mac teetered on the edge of collapse, the flagship S&P 500 (SPX) stock index plunged to 1215 on a closing basis. Fears ran high as the markets waited for the next shoe to drop in the ailing financial companies. The near-term outlook for US stocks seemed pretty bleak.
But how fast popular sentiment changes! In less than a month after these depths were witnessed, the SPX had rallied 7.4%. By mid-August the troubles of the previous month had been all but forgotten. Calls for a new bull market abounded, with the great majority of analysts expecting clean sailing ahead. And those that do remember mid-July now largely seem to think it was GSE-specific and not a broader issue.
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Thursday, August 21, 2008
Stock Market Institutional Investment Flows Matrix / Stock-Markets / US Stock Markets
There are two things all investors must do in order to understand the market and be proficient at technical analysis.
What are the two things?
1. Understand charting, technical indicators, and how to read them.
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Thursday, August 21, 2008
Stock Market VIX Volatility and the 6 Year Cycle / Stock-Markets / Volatility
Volatility tends to run very high during years in which the Kress 6-year cycle is bottoming. Volatility has indeed been a major factor this year and it has been years since we've seen it as high this year. As I'll attempt to show you here, this increased volatility can be ascribed to the influence of the 6-year cycle which has been “hard down” this year and is due to bottom in later September.
The 6-year cycle tends to have a deflationary impact on financial assets, especially stocks and real estate. This has been reflected in the weak real estate market as well as the bear market in stocks this year. The S&P has been a victim of the 6-year cycle-related volatility as money has rotated from stocks to commodities and back again throughout the year. The wild merry-go-round ride that this volatility has inflicted on traders isn't over just yet, though it should be ending in just a matter of weeks.
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Thursday, August 21, 2008
The Secret to Retirement Investment Planning / Stock-Markets / Pensions & Retirement
“When it comes to planning for the future, most people think of retirement. Retirement planning is important because it allows you to do the things that you were unable to do while working—travel, start a business, go back to school, be closer to family, or simply relax. Because retirement is such an important phase in your life, careful planning is a must.” – Planning for the Future: Making the Most of Your Retirement
Most people who've been in the financial planning industry over the last three decades have made statements like the one above to their clients. If you have worked with, or are currently working with, an individual who has prepared a financial plan for you or your family, then your expectations are likely closely aligned with such lines of thinking.
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Wednesday, August 20, 2008
China Worlds Best Long-Term Investment / Stock-Markets / Chinese Stock Market
Keith Fitz-Gerald writes: Despite its many problems, China remains such a strong long-term profit play that giving up on that country now would be like selling all your U.S. stocks at the start of the 1900s - before America created massive wealth by evolving into a world superpower, global investing guru Jim Rogers said in an exclusive interview with Money Morning .Read full article... Read full article...
Tuesday, August 19, 2008
Global Stock Market Risks Increase / Stock-Markets / Global Stock Markets
Earlier this month, the Russian stock exchange index plummeted with the news that Putin has elected an ex-KGB officer with no prior mining experience as CEO for the Russian nickel mining giant Norilsk (it has since continued to slide). Such events explain the recent weaknesses among Russian stocks and ADRs trading on the NYSE. Coincidentally, it occurs while the Freddie Mac and Fannie Mae debacle is still fresh on investors' minds.Read full article... Read full article...
Tuesday, August 19, 2008
Stock & Commodity Markets Analysis and Commentary / Stock-Markets / Financial Markets
The STOCK INDEXES - Stock Futures QuotesThe September NASDAQ 100 was lower overnight as it extends Monday's decline but remains above the 10-day moving average crossing at 1934.55. Stochastics and the RSI are overbought and are turning neutral to bearish hinting that a short-term top might be in or is near. Closes below the 20-day moving average crossing at 1882.70 would confirm that a short-term top has been posted. If September extends the rally off July's low, the 75% retracement level of the June-July decline crossing at 1994.18 is the next upside targets. The September NASDAQ 100 was down 8.25. pts. at 1935.25 as of 5:51 AM CST. First resistance is last Friday's high crossing at 1977.25. Second resistance is the 75% retracement level crossing at 1994.18. First support is the 10-day moving average crossing at 1934.55. Second support is the 20-day moving average crossing at 1886.67. Overnight action sets the stage for a lower opening by September NASDAQ 100 when the day session begins later this morning.
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Tuesday, August 19, 2008
China's Golden Investment Opportunities Beyond the Olympics / Stock-Markets / China Stocks
Tony Sagami writes: This is proving to be one of the most exciting research trips to Asia that I have ever made. Not just because of the buzz surrounding the Olympics, but mainly because of the cascade of investment opportunities that I am uncovering during my stay.
In fact, my biggest problem is that I am finding so many amazing growth stories, that narrowing down the list to the best that China has to offer is not going to be easy. I now know how San Francisco 49ers coach Bill Walsh must have felt when trying to decide what quarterback — Joe Montana or Steve Young — to start.
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Tuesday, August 19, 2008
Jim Rogers Exclusive: Bigger Financial Shocks Loom Consequences to Impact for Years / Stock-Markets / Credit Crisis 2008
Keith Fitz-Gerald wrotes: VANCOUVER, B.C. – The U.S. financial crisis has cut so deep – and the government has taken on so much debt in misguided attempts to bail out such companies as Fannie Mae ( FNM ) and Freddie Mac ( FRE ) – that even larger financial shocks are still to come, global investing guru Jim Rogers said in an exclusive interview with Money Morning .
Indeed, the U.S. financial debacle is now so ingrained – and a so-called “Super Crash” so likely – that most Americans alive today won't be around by the time the last of this credit-market mess is finally cleared away – if it ever is, Rogers said.
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Tuesday, August 19, 2008
Stock and Commodity Market Forecasts and Analysis / Stock-Markets / Financial Markets
TTC Never Sleeps - Just because we haven't been publishing regular free updates doesn't mean TTC has been asleep for the past few weeks. Our members have been actively trading this volatile market from both sides as it fluctuates widely day-to-day, whipsawing many while generally trending upwards off the July 15 lows. And, if you read our last few updates, even if you're not a member, you've probably been making some winning trades, too!Read full article... Read full article...
Monday, August 18, 2008
Nasdaq Potential Near-Term Double Top Pattern / Stock-Markets / Tech Stocks
The Q's (Nasdaq: QQQQ) failed to push higher than 48.51 this morning prior to pivoting to the downside into a press to 47.85 so far. Although the selling pressure does not appear to be much at this time (vacation week?), the action nonetheless leaves behind a potential near-term double top formation with last Friday's high at 48.55. The ability of the bears to keep the Qs beneath 48.00/10 will strengthen the prospect of a near-term peak and the likelihood that the post 8/04 upleg is complete.Read full article... Read full article...
Monday, August 18, 2008
Fed's History of Bailout a Falling Stock Market / Stock-Markets / Government Intervention
Talk of failures and bank holidays is becoming increasing wide spread as each day passes, with good reason . Combine this with the fact it appears both price managers and the market itself are out of touch about the possibilities, and this increases potential for a ‘self-fulfilling prophecy' in this respect. In terms of being out of touch, and much like the situation prior to the stock market crash that commenced in 1929, money supply growth rates are presently insufficient to stimulate growth in the larger economy because price managers are still dealing with the effects of previous accelerations in inflation .
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Sunday, August 17, 2008
Credit Crunch Anniversary and Mega Trends Investing / Stock-Markets / Credit Crunch
Newsletter - 4th August 2008Dear Subscriber,
The 'official' anniversary of the credit crunch is linked to when the European Central Bank stepped in to provide an unprecedented amount of liquidity by pumping in $130 billion into the European banking system following news of the French bank Paribas freezing three of its hedge funds due to exposure to the US subprime mortgage market as panicking investors had been dumping holdings of mortgage lenders and mortgage backed derivatives and so began the self feeding credit crunch cycle of mortgage backed losses leading to asset price deflation leading to further tightening of the money markets as banks sought to hoard cash, as they lost confidence in their pricing models of the products they were trading with one another, which is more or less where we are today as the derivatives market continues to deleverage.
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Sunday, August 17, 2008
Recessionary Contracting Earnings Lift Stock Market P/E Ratios / Stock-Markets / Stock Market Valuations
Richard Russell (Dow Theory Letters): Danger of deflation“We've recently seen the greatest expansion of credit in history. It was a product of Asian and Mid-Eastern countries holding down the value of their currency by creating more of their own money and buying dollars. The Fed got into the act in 2003 when it held down Fed Funds to 1% for month after month. It was a wild expansion of money and credit. Now the party is over.
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