Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.
Saturday, December 23, 2006
Weekly Stock Market Technical Analysis Report / Stock-Markets / Forecasts & Technical Analysis
By: Mike_Burk
The good news is that the Dow Jones Industrial Average (DJIA) and S&P 100 (OEX) closed at all time highs last Tuesday.
Short Term
During an up market the major indices seldom move downward for more than 3 consecutive days.
The chart below shows the S&P 500 (SPX) in red and an indicator showing the percentage of the last 3 trading days that have been up. The indicator reaches the top of the screen when there have been 3 consecutive up days and it reaches the bottom of the screen when their have been 3 consecutive down days. The chart covers the past 6 months and has vertical dashed lines drawn on the 1st trading day of each month. The SPX was down the last 3 trading days of last week. The last time that happened was in early November which, like last week, was also a seasonally strong period.
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Wednesday, December 20, 2006
Three Markets Trumping the Dow Jones , China, Brazil and Austrailia ! / Stock-Markets / Investing
By: Money_and_Markets
Normally, by this time in December, I'd be with Elisabeth's family on our farm in Brazil. But this year, they've decided to come here to spend the holidays with us, and I'm glad they did. I've lived overseas for many years — two years in Japan, twelve in Brazil. I've crisscrossed Europe and Latin America. I've visited Australia and China. And I've loved every moment of it. But never in my lifetime have I been in a country that provides the same combination of opportunity, security and freedom as the United States. So for me, there's no better place to live. But for my investment dollars, it's a different story ...
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Monday, December 18, 2006
Last Warning! Three-Pronged Collapse ... Stocks, Bonds and Real Estate / Stock-Markets / Forecasts & Technical Analysis
By: Money_and_Markets
Today I want to give you one final warning on the crisis I see coming. I've told you some of this before, but I feel it's so important that it needs to be repeated one last time. Gold's rally back over $600, and recently to more than $640 an ounce, is telling us — in no uncertain terms — that a financial crisis of major proportions is about to strike.
The dollar is telling us the same thing — that the “full faith and credit” of the U.S. Government is plunging ... that all is not well. Just look at how the dollar has been falling against many of the world's currencies ...
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Saturday, December 16, 2006
The VIX forecasts a sharp drop in Share prices in January 2007 / Stock-Markets / Forecasts & Technical Analysis
By: Nadeem_Walayat
Firstly What is the VIX ? This is an index of implied volatility of the Chicago Board Options on the S&P 500 stock index, The exchange calculates the implied volatility of eight at-the-money or near-the-money strikes (both puts and calls) with a weighted average time to maturity of 30 days. Basically the VIX is a measure of fear in the market. It rises when investors are fearful, as more options are bought, and falls when investors feel less fearful, so buy less options to manage their stock market risk.Read full article... Read full article...
Saturday, December 16, 2006
Weekly Stock Market Technical Report / Stock-Markets / Forecasts & Technical Analysis
By: Mike_Burk
The good news is the Dow Jones Industrial Average closed at another all time high last week while the Wilshire 5000 and S&P 500 (SPX) hit a multi year highs.
Short Term
Momentum of downside volume is an indicator that works pretty well from time to time. The chart below is an update from last week covering the past 6 months showing the NASDAQ composite (OTC) in magenta and momentum of NASDAQ downside volume in green. Dashed vertical grey lines have been drawn on the 1st trading day of each month. The indicator has been plotted on an inverted Y axis so increasing downside volume pushes the indicator downward (up is good).
Thursday, December 14, 2006
Graphic Illustration That Scam Lovers Are the Real Turkeys - S&P PE Ratio and Earnings / Stock-Markets / Analysis & Strategy
By: Jas_Jain
Let me remind everyone that all commentaries on politics, economics and investments are about the behavior of the participants, leaders and the led. For the past dozen years, Americans have displayed clear signs of blind faith in one particular human institution - the so-called stock market, which was turned into the Scam Market via the Scam Options fraud that was initiated by collusion between the Corporate Chieftains and the regulators, the Congress and the SEC, who are supposed to protect the investors. Those who still have faith in the current Scam Market, despite all the abuses that has come to fore, are Scam Lovers.Read full article... Read full article...
Wednesday, December 13, 2006
India's Sensex Index tumbles by nearly 10% from highs, a buying opportunity ? / Stock-Markets / Analysis & Strategy
By: Nadeem_Walayat
The indian stock market has stormed ahead to new highs , after recovering from the dip during the summer. The market finally paused for breadth as profit taking took the index about 10% lower. The Banking sector led the decline in Bombay including sharp falls in ICICI Bank and HDFC Bank, which was a result of the Reserve Bank of India's decision to tighten liquidity by raising the cash reserve ratio of Banks.
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Wednesday, November 22, 2006
FTSE 100 falls to 6160 on oil price fall and MPC minutes / Stock-Markets / Strategic News
By: Phillipa_Green
Despite moving higher into mid-day, the FTSE slumped to close 42 points lower on the back of a $2 drop in the price of Crude OIl to $55 and fears of a rate rise. A large part of the decline was attributed to declines in a few stocks, namely, DSG, BP, RDSB, Vodafone and HSBC, which pulled the rest of the market lower later in the day on the back continuing worries about the US Economy. Also many stocks went ex-dividend today which further depressed prices. Read full article... Read full article...
Wednesday, November 22, 2006
Best investing books - Reminiscences of a Stock Operator / Stock-Markets / Resources & Reviews
By: Nadeem_Walayat
$14 (32% discount) |
Reminiscences of a Stock Operator' by Edwin Lefèvre is probably one of the best and well known books on the subject of financial speculation, the book was published as the fictional biography of “Larry Livingston,” but is actually an biography of Jesse Livermore, one of the first famous stock & commodity traders ever. The man started trading after working as a boy in a brokerage house and trading in several of the tiny brokerages called “bucket shops” where small time traders would bet against the house, and eventually went on to become one of the most influential and widely-known traders of his day. He made, lost, and re-made millions at a time. What you will get from the book are some classic mistakes and the lessons learned from them; some of the best catch phrases in the business; insight into how the markets were manipulated then and probably still are now. One of the most important lessons mentioned in the book is that a trader does not have to be invested in the market all the time. This is the book from which almost every subsequent general trading book is derived. If you have ever wondered where the trading rule "Never average down" came from, just turn to page 154. Where did the comparison between greed and fear first originate ? Look to page 130.  |
Friday, November 17, 2006
The risks of Investing in Lebanon / Stock-Markets / Analysis & Strategy
By: Nadeem_Walayat
Following the withdrawal of Israeli forces in 2000, Lebanon experienced a boom in construction as the war ravaged country was rebuilt. A large amount of this reconstruction was destroyed during the war and reoccupation of Lebanon by Israel during 2006. More than the loss of infrastructure, the country has suffered a loss of financial confidence and a slump in stock prices, as once more Lebanon is destablised by political uncertainties as the country divides along religious lines such as the Shites, Sunnis, Druse and the Christians .
Saturday, November 11, 2006
FTSE100 and Dow Jones show signs of having Peaked following US Elections / Stock-Markets / Forecasts & Technical Analysis
By: Nadeem_Walayat
The US Mid-term election has come gone, with the stock markets having on cue rallied into the election, now post election the stock markets are starting to waver and could be heading for significant sell off during the traditionally strongest period for stock market gains. Many novices and professionals alike have taken the recent rally to beyond 12,000 in the Dow Jones and to above 6,200 in FTSE 100, as a sign of a Bull Market breakout and a signal to buy.
Monday, November 06, 2006
Time to invest in Iraq ? / Stock-Markets / Analysis & Strategy
By: Nadeem_Walayat
Usually the best time to invest is when all the news is bad. Given the current situation in Iraq of escalating sectarian violence, one could assume that, that stage has now arrived, with the verdict on Saddam Hussein representing a turning point for the country.
The potential for iraq lies in its vast oil and gas wealth, coupled with an predominantly educated population and low starting GDP growth, with financial help and support from the worlds larges economy (USA), the scene is set for a long-term investment opportunity in Iraq.
Sunday, October 22, 2006
US Presidential Cycle Mid-term Election and the Stock Market / Stock-Markets / Forecasts & Technical Analysis
By: Nadeem_Walayat
As the Dow Jones hits new highs above 12,000 for the first time, we take a look at what the market should be doing in terms of the long established US Presidential Cycle as we approach the Mid-Term Elections in November.
The Period November 2005 to November 2006, marks the 2nd year of the Presidential Cycle, this period is typically characterised by a general decline in optimism by investors as the president and Congress begin trying to manage difficult budget related issues and generally go about the 'boring' task of running the government.
Monday, October 16, 2006
FTSE 100 Closes at 5 year high of 6172.4 / Stock-Markets / Forecasts & Technical Analysis
By: Nadeem_Walayat
The FTSE 100 built on last week's gains to close 15.1 points higher at 6172.4, its highest level since February 2001 as the market took its cue from the US and Asian stock markets.
Friday, October 13, 2006
Dow Jones Makes a Fake New High Whilst most of its Component Stocks Don't ! / Stock-Markets / US Stock Markets
By: Nadeem_Walayat
As the Dow Jones posts new record highs this month, there is something strange going on with the Dow components where most of them are NOT making new highs !!!
So how many Dow Components are making NEW ALL TIME highs this month ?
FIVE ! That's 5 out of 30 are making new all time highs - WHILST the Index makes NEW highs
How many trading more than 10% below their all time highs ?
TWENTY - Two thirds of the Dow Stocks are trading more than 10% Below their all time highs.
How many are trading more than 20% below their all time highs ?
EIGHTEEN - More than half the Dow 30 Stocks are trading 20% Below their all time highs.
And here's a real shocker ! How many stocks are trading more than 50% ! Below their all time highs !
FIVE DOW STOCKS are trading more than 50% below their all time highs - THATS the same number making new all time highs !
So where am I going with this analysis ? ...... In the run up to the US Election the Dow Jones is Making NEW All time highs, when most of its components are nowhere near making new highs, does this or does this not smell of market manipulation ?
The situation is even worse when you consider the stocks that have been REMOVED from the index ! I.e. Eastman Kodak off 75%, International Paper off 45%. Those that say the markets are not manipulated, then who do you explain these facts ?
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Monday, October 09, 2006
Dow Jones Hits New Highs in Lead up the Mid-term Elections / Stock-Markets / US Stock Markets
By: Nadeem_Walayat
The Dow Jones has fulfilled the price pattern identified in the July Analysis , having strongly marched higher as buyers rely on the pattern of buying into the run up to the Election as a self fulfilling prophecy, despite the bad news around growth, inflation and interest rates.
The Dow is likely to continue to hold into the Elections and then correct. The degree of correction depends on how high the market goes between now and the elections, but regardless of the results a correction is expected, as both the Dow and other Stock Markets squeeze in the usual Seasonal bull run into December into October instead.
Monday, September 11, 2006
The FTSE Uptrend & Forecast to Dec 06 / Stock-Markets / UK Stock Market
By: Nadeem_Walayat
The uptrend from the June low is being tested as the FTSE falls towards 5800.
Will it hold ?
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Friday, July 21, 2006
Dow Jones Forecast - Double Bottom ? / Stock-Markets / US Stock Markets
By: Nadeem_Walayat
A month on from the FTSE double bottom, the same pattern can be observed forming on the Dow Jones 30 !
The correction during the summer was inline with the previous two corrections during the bull market in terms of price, though not time. But the key difference between this correction and the previous ones is that the Dow is now flirting with its all time high ! It failed to break on the first attempt and had a strong correction. The scene is set for another attempt on the high, with the second attempt more likely to succeed than the first attempt as the speculative forth has been unwound.
Saturday, June 24, 2006
FTSE Forecast - ABC correction - is there more to come or not ? / Stock-Markets / UK Stock Market
By: Nadeem_Walayat
The expected correction has occurred on cue, hitting the target of 5,500; but has moved much faster than original expectations !
So where to next ?
Saturday, April 29, 2006
FTSE 100 Forecast - Sell in May and Go Away ! / Stock-Markets / UK Stock Market
By: Nadeem_Walayat
In a week that ended with the FTSE falling over 100 points from high of 6137, we revisit the age old adage of selling in May and go away !As my analysis will show the market is now primed for a serious correction after fulfilling a years target in less than 4 months !
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