Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Tuesday, November 10, 2015
One of the Greatest Deceptions of Our Time? / Stock-Markets / Stock Markets 2015
This has been weighing heavily on my mind lately.Recently I've discussed how politicians don't understand the economy. They don't understand innovation – the fact that it comes out of challenge, and that without occasional crisis, the economy can't rebalance and run as it should.
So it's no coincidence that the two great innovations of modern economics both emerged out of a different kind of crisis or challenge – a revolution, a challenging of the status quo.
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Tuesday, November 10, 2015
Stock Market 70 RSI Pullback For Now...No Distribution Yet.. / Stock-Markets / Stock Markets 2015
When markets get overbought they will ultimately need to pull back. The pullback can feel very bad since they can be intense due to the very overbought nature of all the key oscillators from RSI's to stochastic's to MACD's. When markets are strong and they get overbought, since the market behaved so well, most aren't prepared for the type of selling a simple overbought pullback can bring. Today surely didn't feel good. Nasty!
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Monday, November 09, 2015
Stock Markets Discover That Higher Interest Rates Are Bad / Stock-Markets / Stock Markets 2015
US stocks opened down hard today, in part because China released some truly horrendous trade numbers over the weekend, but also because the imminence of a US interest rate increase is starting to sink in. For anyone with rudimentary math skills, higher interest rates are a clear and present danger to what is now a variable-rate (and therefore really fragile) world.
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Monday, November 09, 2015
Stock Market Sell Signals in the Making / Stock-Markets / Stock Markets 2015
SPX is approaching its 17-day Moving Average at 2068.26. Just beneath it is the 200-day Moving Average at 2063.50. A decline beneath them would give us a sell signal (confirmed beneath 2063.50). There may be a bounce here, so be aware that SPX may pull back before making the total commitment beneath the 200-day Moving Average. Nonetheless, this appears to be a good entry point, as we will see with the next charts.
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Monday, November 09, 2015
Pieces of the Puzzle Lining Up for Potential Stock Market Crash / Stock-Markets / Financial Crash
Good Morning!
The SPX Premarket appears flat as I write, while the futures are down 5 points. While I cannot explain why the difference, there is no substantial effect of one over the other at this time.
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Monday, November 09, 2015
Dow Stocks Index Soars, Doctors of Doom Wrong, What's Next? / Stock-Markets / Stock Markets 2015
"As the ostrich when pursued hideth his head, but forgetteth his body; so the fears of a coward expose him to danger." ~ Akhenaton
We prepared our subscribers for the market pullback; crash if you believe the naysayers, well in advance of the event. While they chanted from the top of their lungs that the end of was close at hand, we broadcasted an opposing message. We welcomed this carnage phase and recognized for what it truly was; opportunity is knocking in disguise and refused to fall for this silly ploy. The same monotonous theme has been repeated decade after decade with the same miserable consequence, one that is bound to bring you one step closer to the dog house.
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Monday, November 09, 2015
SPX, USD and Gold Charts Analysis / Stock-Markets / Financial Markets 2015
With momentum starting to diverge and stocks late in their daily cycle it's probably better to sell into a breakout above the all-time highs than buy a breakout.
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Monday, November 09, 2015
It’s Now, or Never for Yellen, Impact on Gold and Stocks / Stock-Markets / Financial Markets 2015
It has been seven years in the making, but now the Federal Reserve may be finally ready to lift interest rates from zero. There has been a myriad of reasons to not hike, multiple false starts and huge ongoing debates on what the right course of US monetary policy is, but from the Fed’s point of view the time is at last right to increase rates.
Yellen had said just this week that the Fed meeting in December would be live if the data supports a move, that the Fed is monitoring the data, and that the Fed thought it could be appropriate to move in December. Then, a +271k NFP print is released to all but seal the deal.
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Sunday, November 08, 2015
Fed December Interest Rate Hike Stock Market Panic Trigger For New All Time High? / Stock-Markets / Stock Markets 2015
Flip, flop, flip, the bulk of 'market analysts' that populate the mainstream media (sales) have once more flopped in favour of a December US Fed interest rate hike with some giving the odds at 100% ! (Bill Gross), which reminds me of just a few weeks ago when analysts were typically coming out with near certain statements that stocks were now definitely in a bear market i.e. giving it a 99.7% chance ! (money morning).
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Sunday, November 08, 2015
Stock Market Continued Correction Possible / Stock-Markets / Stock Markets 2015
Current Position of the Market
SPX: Long-term trend - Bull Market
Intermediate trend – SPX has resumed its uptrend in order to complete the last phase of the bull market.
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 discusses longer market trends.
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Sunday, November 08, 2015
Stock Market Major Wave 4 Underway, or Underway Soon / Stock-Markets / Stock Markets 2015
The market started the week at SPX 2079. After a gap up opening on Monday the market rallied to SPX 2116, a new uptrend high, Tuesday afternoon. After that it pulled back for the rest of the week, hitting SPX 2084 on Friday, and closing at 2099. For the week the SPX/DOW were +1.20%, the NDX/NAZ were +1.60%, and the DJ World index rose 0.10%. On the economic front positive reports out numbered negative ones. On the uptick: construction spending, auto sales, ISM services, monthly payrolls, the MMIS, the GDPn, consumer credit, plus the unemployment rates and trade balance improved. On the downtick: ISM manufacturing, factory orders, the ADP, the WLEI and weekly jobless claims rose. After the close Friday FED governor Brainard gave this speech: http://www.federalreserve.gov/newsevents/speech/brainard20151106a.htm. Next week’s reports will be highlighted by Retail sales, the PPI, and Export/Import prices.
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Saturday, November 07, 2015
Hot Jobs....Improving Services.... Stock Market Pulling Back 2052 To 2134 The Range.... / Stock-Markets / Stock Markets 2015
A lot of anticipation was out there ahead of the big Jobs Report out this morning before trading began. Expectations of approximately 180,000 jobs created was the name of the game, but there were other numbers out there as well. A range of 150K to 240K. The report pulled a shocker. 271K jobs created. Even better than even the highest predictions of optimism. The futures fell very hard on the news as it would now be a lock for the Fed to raise rates by a whole .25 BP come their December meeting. Of course, you can understand my sarcasm.
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Saturday, November 07, 2015
Stock Market Clear Separation From the Pennant / Stock-Markets / Stock Markets 2015
We can see that there is separation from the Pennant formation even on the daily chart. There also appears to be a single impulse (5 waves) from the top with a partial retracement from today’s low at 2083.74.
There’s no telling what may happen over the weekend or whether the retracement may go higher. TNX has not yet reversed and the VIX and Hi-Lo Indexes have not given any indication of an imminent decline. Given all that, the situation may turn on a dime, so make your own call on what the SPX has to offer.
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Friday, November 06, 2015
Stocks Bull Market Printing Press / Stock-Markets / Stock Markets 2015
Amazing what can be created with a printing press. They will need to turn the presses back on if they want it to continue higher. I do think they want it higher, and I do think they have turned the presses back on.
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Friday, November 06, 2015
Stock Market 6-7% Pull Back Likely, Gold Still Going Down / Stock-Markets / Stock Markets 2015
The stock market's recent advance has been nothing less than spectacular. Caveat emptor: the rally was mainly in the large cap stocks. The FED's determination to raise interest rates in December is predicated on the upcoming economic data. One of the most important releases comes out on November 6th, the jobs report.
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Friday, November 06, 2015
Asian-Pacific Markets Big Picture / Stock-Markets / Asian Economies
Analyst Spotlight: Mark Galasiewski
Learn a bit about EWI's big-picture from our Asian-Pacific markets expert
Mark Galasiewski is the editor of our monthly Asian-Pacific Financial Forecast. Mark's a big-picture guy -- he loves analyzing the longer-term chart patterns, because they have the most significance to human social history.
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Friday, November 06, 2015
Stock Market Dow Set to Defy Naysayers and Trend Higher / Stock-Markets / Stock Markets 2015
Being ignorant is not so much a shame as being unwilling to learn. - Benjamin Franklin
Fear sells, and like misery it demands company. The so-called crash in August triggered dozens of hibernating bears to emerge from the woodwork. Rested from the last severe beating they took, they are ready for another healthy dose of pain. In their quest to push the fear factor a notch higher, celebrity perma-bears such as David Tice are brought out confirm that all is not well. If the markets were destined to sink into the gutter, David Tice would not have sold his Prudent Bear fund at the peak of the 2008-2009 financial crisis.
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Thursday, November 05, 2015
The Stocks Bear Indicator Never Lies / Stock-Markets / Stock Markets 2015
In the September 10 column entitled, "The bear makes a welcome return", we discussed the return of the infamous bear image on the front cover of several news magazines and newspapers. The most conspicuous example of the bear could be seen on the front cover of Businessweek magazine, shown below.
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Thursday, November 05, 2015
Stock Market Overbought Daily Charts...Monthly's Awful...Short Term Still Ok.... / Stock-Markets / Stock Markets 2015
There's a nasty combination out there that says things won't be all that easy for a while, but still nothing in the moment that says the bad-news bear is about to get rocking. I still think that's a bit out there, although not too far out there. The daily index charts hit 70 RSI for a few days. Fortunately, they didn't get too overbought, thus, some selling makes sense at some point soon.
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Thursday, November 05, 2015
Stocks Bull Market Trending Towards New All Time High Before End 2015 - Video / Stock-Markets / Stock Markets 2015
Barely a couple of months ago the overwhelming consensus view that FOLLOWED the August plunge were expectations that the 6 years stocks bull market was finally over, killed off by the China crash, and prospects for Fed tightening. Nevertheless the 'End Times' Apocalypse was Now, and such bearishness was not just being voiced by the usual suspects i.e. the crash is always coming Perma crowd, but even included those who may have been mostly bullish from time to time with statements such as there was now a 99.7% probability that stocks were in a bear market.
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