Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Monday, June 06, 2016
Stocks Report, European Commission in Panic Over New Brexit Opinion Poll / Stock-Markets / Stock Markets 2016
In 17 days time, on the 23rd. of June, Britain goes to the polls to decide whether to stay in the European Union or not. Should Great Britain opt to leave it will send financial and political shock waves around the world. Many believe a win for the leave faction would put Europe’s stressed banking system under such pressure that a “Lehman Brothers type event” could occur, the main candidate being Deutsche Bank with its 75 trillion derivative exposure. Thus June 2016 could turn out to be one of the most volatile trading months in financial history.
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Monday, June 06, 2016
SPX Still Working on Final Wave? / Stock-Markets / Stock Markets 2016
SPX is challenging its Thursday afternoon high at 2105.26. It appears that it is still working on Wave 5. This may be the final thrust ending near 2110.00. If so, it may not change the wave structure illustrated in the chart.
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Monday, June 06, 2016
S&P 500 Still At 2,100 Mark - Which Direction Is Next? / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 2,000, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral
Monday, June 06, 2016
Now Obama Warns Americans to ‘Be Prepared’ for Disaster… What Does He Know? / Stock-Markets / Financial Markets 2016
Recently Barack Obama urged citizens to be prepared. He broke this new ground in a May 31st speech to the FEMA National Response Coordination Center in Washington.
He explained that it was up to each citizen to be prepared for disasters. This preparation should extend to “having an evacuation plan” and “having a fully stocked disaster supply kit.”
Read full article... Read full article...One of the things that we have learned over the course of the last seven and a half years is that government plays a vital role, but it is every citizen’s responsibility to be prepared for a disaster. -Barack Obama
Monday, June 06, 2016
Stock Market Spy Decision Imminent! / Stock-Markets / Stock Markets 2016
Joseph VanDerveer writes: Below is a Daily Chart of SPY. I would like to point out a few observations, starting with the two rising wedges that take a little imagination but bare with me.
Watch the lower trendline going forward specially when we are passing a potential 6 month cycle top noted on the chart with two dashed vertical lines.
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Monday, June 06, 2016
Stock Market Consolidation Or Distribution? / Stock-Markets / Stock Markets 2016
Current Position of the Market
SPX Long-term trend: A lengthy correction is most likely underway!
SPX Intermediate trend: The H&S pattern has been invalidated and the index is re-testing the upper portion of its trading range.
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discuss longer market trends.
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Sunday, June 05, 2016
Two Charts That Prove Central Banks Are Losing Control / Stock-Markets / Financial Markets 2016
The markets opened weak yesterday when the ECB announced no new policies.
The ECB is out of options. Mario Draghi has cut rates into NIRP four times and spent nearly €1 trillion in QE. Looking at the EU’s inflation rate, you wouldn’t think the ECB had done anything.
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Sunday, June 05, 2016
Stocks Hanging on Despite Shock Jobs Report / Stock-Markets / Stock Markets 2016
Stocks are hanging on to this level which has given them such problems for so long as you can see from the chart below.
The stock market has become a mechanism for wealth appropriation and transfer, and as such must be maintained at all costs. LOL.
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Sunday, June 05, 2016
Bifurcated Stock Market / Stock-Markets / Stock Markets 2016
The market started the week at SPX 2099. After Monday’s holiday the market reached SPX 2103 on Tuesday. Wednesday the market declined to SPX 2085. Thursday the market rallied to SPX 2105, then returned to 2085 by Friday morning before ending the week back where it started at 2099. For the week the SPX/DOW were -0.2%, and the NDX/NAZ were mixed. Economic reports for the week were numerous and generally positive. On the downtick: the Chicago PMI, consumer confidence, construction spending, auto sales, monthly payrolls, ISM services and the Q2 GDP estimate. On the uptick: personal income/spending, the PCE, ISM manufacturing, the ADP, factory orders, plus, the unemployment rate, trade deficit and weekly jobless claims all improved.
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Saturday, June 04, 2016
Bonds, Stocks, Gold and Silver ‘Inflation Trade’ Alive and Well / Stock-Markets / Financial Markets 2016
I don’t write the title because the precious metals took off today on the bad jobs report. Far from it. That is what gold is supposed to do under such circumstances as its fundamentals got a boost and the perceptions of a hawkish Fed got repelled.
I write the title despite the fact that the inflation barometer, TIP/TLT, tanked and commodities were moderate, post-jobs. Yesterday we noted: Inflation Expectations Sagging, including a declining TIP/TLT and a bullish looking TLT (each a form of non-inflationary signaling). Today they got bearisher and bullisher, respectively.
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Saturday, June 04, 2016
The Gryphon Review - Global Market Analysis / Stock-Markets / Financial Markets 2016
The Great Housing Recovery ^Not!
New home sales just leaped to an eight-year high. Many were pleased with the gain, and as a result felt that the Fed could stay on course to hike interest rates at their June meeting. But the gain masks what is actually a bigger problem. New home sales are barely half their peak of 2006; housing starts are also barely half of their peak; existing home sales are doing better but are still 25% off of their peak; and, while housing price gains have been good, they also languish off 10% from their peak. Mortgage debt is actually down roughly $1 trillion from its peak, but the banks needing business are once again offering low down-payment mortgages to first time buyers. Mortgages are down because many don’t qualify, and many millennials who would like to get into the housing market are being held back with low-paying jobs and living in their parents’ basement. A series of charts demonstrate that the great housing leap is not that great after all.
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Saturday, June 04, 2016
Prominent Billionaire Investors Warn of Financial Crash, Quietly Position Themselves / Stock-Markets / Financial Markets 2016
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.
Coming up Michael Rivero of WhatReallyHappened.com updates us on some of the key developments in the ongoing attempt by the central planners to bring about a one world government, when and why we’re likely to see a massive inflationary uptick in the not too distant future, and how gold and silver may end up being the key beneficiaries as the masses discover them as the safe haven assets to own. Don’t miss our explosive interview with a man who pulls no punches, Michael Rivero, coming up after this week’s market update.
After suffering through a sharp pullback in May, gold and silver markets could be eyeing a bottom in the trading so far in June. Gold touched the $1,200 level on Tuesday and managed a small bounce off that key level. As of this Friday morning recording, gold is surging and is up close to $30 so far on the day with the spot price coming in at $1,241 an ounce now, up 2.2% for the week.
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Friday, June 03, 2016
US Dollar Plummets - Good Show! / Stock-Markets / Financial Markets 2016
USD/DXY plummeted to a low of 93.99 this morning. This falls into line with my thesis that lower stock values also means a lower dollar price. USD is now beneath its 50-day Moving Average a 94.62 and is on a sell signal. We may see a bounce at the Cycle Bottom support at 92.92, with one final plunge to its target.
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Friday, June 03, 2016
The Fed, Stock Market and the Miners / Stock-Markets / Stock Markets 2016
From this vantage point, it looks as though the precious metals complex will trade opposite the stock market throughout the month of June. The miners look as though they are bottoming, while the stock market looks as though it is topping. The jobs report on June 3rd will likely play with investors minds until June 15th, when all should reverse.
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Friday, June 03, 2016
Stock Market No New High? / Stock-Markets / Stock Markets 2016
This Wave [B] at the 2111.05 high appears to be a 3-3-3 wave affair. It would be more acceptable to have a Wave 5 at today’s high and maybe it may happen tomorrow, changing the Wave [B] to a 3-3-5 wave pattern, which is more familiar to most analysts. However, the pattern works, as is.
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Thursday, June 02, 2016
Stock Market Elliott Wave Count, Economic Cycle and Equities Cycle / Stock-Markets / Stocks Bear Market
As you know a picture is worth 1000 words so consider this short yet detailed post a juicy 2000+ word report on the current state of the stock market and economic cycle.
The charts below I think will help you see where the US stock market and economic cycles appear to be.
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Thursday, June 02, 2016
SPX Appears "Heavy" / Stock-Markets / Stock Markets 2016
The SPX Premarket appears heavy, but not down enough to make a difference. So we are in a sideways consolidation until a breakout or breakdown occurs. So far, the market has reacted to its Pi date on Tuesday. We may not get follow-through until tomorrow, when the monthly Jobs Report comes out.
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Thursday, June 02, 2016
More Stock Market Fluctuations as SP500 Index Trades Along 2,100 Mark - Which Direction is Next? / Stock-Markets / Stock Markets 2016
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,140, and profit target at 2,000, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): bearish
Long-term outlook (next year): neutral
Thursday, June 02, 2016
Stock Market Won't Sell...ISM Better But Barely...Froth Picking Up Gradually... / Stock-Markets / Stock Markets 2016
We have a very interesting market environment to say the least. There doesn't seem to be a single day where the market gaps down and runs lower all day. Every day it seems the market finds a way to go higher, at least intraday. Most days it closes green. We had a move down this morning, but, as usual, it didn't hold as the bulls came roaring back.
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Thursday, June 02, 2016
The Bail-In: Or How You Could Lose Your Money in the Bank / Stock-Markets / Financial Markets 2016
David Chapman writes: Buried in the Liberal Federal Budget that was introduced on March 22, 2016, under Chapter 8 - Tax Fairness and a Strong Financial Sector, was a section titled "Introducing a Bank Recapitalization 'Bail-in' Regime." Simply stated, in the unlikely event of a large bank failure, the Government proposed it would reinforce that bank shareholders and creditors are responsible for the bank's risks - not taxpayers.
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