Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Saturday, June 13, 2015
SPX Back on a Sell Signal / Stock-Markets / Stock Markets 2015
SPX is now beneath its 50-day Moving Average and declining. It is now back on a sell signal, so we may see another several days of decline ahead.
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Saturday, June 13, 2015
Silver Price Lows and Bond Market Bubbles / Stock-Markets / Stock Markets 2015
T bonds have been levitated higher as central banks aggressively pushed their “Inflate or Die” QE process.
Examine this log scale chart of monthly T bonds since 1985. I have drawn a red line that more or less connects the most significant tops in the past 30 years.
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Friday, June 12, 2015
The Banking Game Exposed - Fast-tracking TiSA: Stealth Block to Monetary Reform / Stock-Markets / Global Financial System
It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. — Attributed to Henry Ford
In March 2014, the Bank of England let the cat out of the bag: money is just an IOU, and the banks are rolling in it. So wrote David Graeber in The Guardian the same month, referring to a BOE paper called “Money Creation in the Modern Economy.” The paper stated outright that most common assumptions of how banking works are simply wrong. The result, said Graeber, was to throw the entire theoretical basis for austerity out of the window.
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Friday, June 12, 2015
Cyberwarfare Threat To Websites and Financial System / Stock-Markets / Financial Markets 2015
- Legacy of stuxnet is risk posed to technology dependent world
- 20 countries have launched cyberwarfare programmes since exposure of stuxnet in 2010
- Stuxnet virus targeted safety mechanisms in Iran’s nuclear reactors in 2010
- Virus launched to sabotage Iran’s nuclear program was also used for mass spying
- All types of digital systems at risk, including financial, banking and gold providers
- Direct ownership of physical gold, unlike digital currency, not vulnerable to cyber warfare
Friday, June 12, 2015
Stock Market Cycle Big Picture / Stock-Markets / Stock Markets 2015
In the previous post Tom McClellan highlights Peter Eliades' work on the cyclical top due in the S&P 500 this year. To add some color to it, here is the chart I produced for NFTRH subscribers several weeks ago after purchasing and reading an Eliades report myself. His work came to my attention by way of Robert Prechter.
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Friday, June 12, 2015
They Need a Stock Market Correction to Justify the Next QE Intervention / Stock-Markets / Stock Markets 2015
Here we go again. It’s about time for a good intervention. All we need is a little false flag. A 10-20% ‘correction’ in the stock market. A little political cover or capital for ramping up the printers.
Oh how far we’ve come:
The Fed had to stop QE, mainly because it was competing for collateral; buying up Treasuries which otherwise would provide collateral to the main financial engine, the REPO market.
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Thursday, June 11, 2015
This is How the Real Crisis Will Play Out / Stock-Markets / Credit Crisis 2015
For six years, the world has operated under a complete delusion that Central Banks somehow fixed the 2008 Crisis.
All of the arguments claiming this defied common sense. A 5th grader would tell you that you cannot solve a debt problem by issuing more debt. If the below chart was a problem BEFORE 2008… there is no way that things are better now. After all, we’ve just added another $10 trillion in debt to the US system.
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Thursday, June 11, 2015
The Two Things Every Investor Needs to Know About The War on Cash / Stock-Markets / Financial Markets 2015
For six years straight, the Fed has been trying to “trash” cash.
First it cut interest rates to zero… making it so that savings deposits produced almost nothing in the way of interest income. Consider that at current rates, a retiree with $1 million in savings earns a measly $2,500 per year in interest income.
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Thursday, June 11, 2015
Japanese Stocks Up 12 Days in a Row... What Happens Next? / Stock-Markets / Japanese Stock Market
Dr. Steve Sjuggerud writes: The last 19 trading days in Japan have been CRAZY...
First, the Japanese stock market was up 12 days in a row. (I'm talking about Japan's Nikkei 225 stock market index.)
It was the longest stretch of consecutive days of gains in 27 years in Japan.
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Thursday, June 11, 2015
Stock Market Major Market Stress Remains / Stock-Markets / Stock Markets 2015
As we commented yesterday, the market pressure is intense.
Below, is the current updated P&F Chart of the Institutional "core holdings".
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Thursday, June 11, 2015
Stock Market Oversold Bounce...Big Picture Still Nowhere... / Stock-Markets / Stock Markets 2015
Yes, today was great for the market. A nice healthy move higher after we double tapped at oversold on the short-term, sixty-minute index charts. A rally was due, and we certainly got one today, but you have to ask yourself if the bounce is truly relevant or not. It may be over time, but, for now, all it did was put us back a little over the middle of the range that we've traded in most recently, which has been 2070 and 2134, although big-picture the level is 2040 to 2134. So we're mostly in the middle now of the most recent range. We saved ourselves from dropping down and testing the dreaded 2040 level, which the bulls want no part of having to deal with. A loss of 2040 would be bearish, so now they can relax a bit, but still there is nothing to celebrate other than the save.
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Wednesday, June 10, 2015
Is Simple Incompetence The Real Source Of Crises? / Stock-Markets / Credit Crisis 2008
There are two quite different narratives for explaining the financial crisis of 2008, the resulting Great Recession and the chances for a new crisis. The first narrative revolves around theory and jargon. It's Keynesian versus Austrian economics, it is societal debt levels, it is fractional reserve lending and the velocity of money, and so forth.
There is a much simpler perspective, which is that no matter how exalted the credentials or how elevated the position, at the end of the day we're all human. Which means we're all vulnerable to getting in over our heads and just plain screwing up. And if these mistakes – which effectively result from our not being as good as we think we are – occur at a high enough level, then that has the potential to change economies and investment returns for entire nations, as well as the global financial order, and sometimes for decades to come.
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Wednesday, June 10, 2015
Stock Market Shakeout Day / Stock-Markets / Stock Markets 2015
I was partially right this morning. It appears that short sellers did come in under the 50-day Moving Average. This type of retracement is an attempt to hunt out all the stops to find liquidity to keep the rally going. It appears to be over, or nearly so.
In the meantime, the old Head & Shoulders neckline was invalidated. A new one took its place, however, with a lower Minimum Target. Should the next decline follow through to its target, the longer three-year trendline at 2020.00 may be taken out. Head & Shoulder necklines do not tolerate throw-backs, although the Megaphone formations do.
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Wednesday, June 10, 2015
Literally, Your ATM Won’t Work… / Stock-Markets / Credit Crisis 2015
While we were thinking about what was really going on with today’s strange new money system, a startling thought occurred to us.
Our financial system could take a surprising and catastrophic twist that almost nobody imagines, let alone anticipates.
Do you remember when a lethal tsunami hit the beaches of Southeast Asia, killing thousands of people and causing billions of dollars of damage?
Well, just before the 80-foot wall of water slammed into the coast an odd thing happened: The water disappeared.
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Tuesday, June 09, 2015
Housing and Stocks Bubble - The Punch Bowl Stays / Stock-Markets / Liquidity Bubble
It is well known that I don’t think much of the ability of government officials to correctly forecast much of anything. Alan Greenspan and Ben Bernanke have made famously clueless predictions with respect to stock and housing bubbles, and rank and file Fed economists have consistently overestimated the strength of the economy ever since their forecasts became public in 2008 (see my previous article on the subject). But there is one former Fed and White House economist who has a slightly better track record...which is really not saying much. Over his public and private career, former Fed Governor and Bush-era White House Chief Economist Larry Lindsey actually got a few things right.
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Tuesday, June 09, 2015
Stock Market Three Peaks and a Domed House Revisited / Stock-Markets / Stock Markets 2015
Taking a fresh look at the Three Peaks/Domed House chart recently I had a “funny” thought. In the current pattern, the May 19 high reached 127.2% of the Jan decline (the final high of this pattern has always been a Fibonacci relationship to the extent of the decline during the First Floor Roof). There’s no reason the Dow can’t rally to a higher Fib ratio but the May high is an almost perfect 107 day interval from the Feb low. What if the top of the bull market is already behind us?!!! Lindsay’s template calls for a final head-and-shoulders topping pattern and a potential pattern can be seen on the daily chart below.
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Tuesday, June 09, 2015
Time to Move Capital into Next Bull Market – Part I / Stock-Markets / Financial Markets 2015
If you remember the dot com bubble as clearly as I do and are a technical analyst then you will recall the month which the NASDAQ broke down and confirmed a new bear market has started. The date was November of 2000.
You may be wondering why I bring this up. What do tech stocks have to do with commodities?
Good question because they have nothing in common. But the key here is that when a bull market ends in one asset class that money is shifted into another. That money moved into commodities and resource stocks and in a big way.
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Tuesday, June 09, 2015
Stock Market Panic Before Everyone Else Does / Stock-Markets / Stock Markets 2015
For the lazy people who don’t like to slog through Hussman’s entire data laden weekly tome, I’ve picked out the most pertinent sections. For the really lazy, I’ve bolded the most important sentences. When everyone on Wall Street is using the same algorithms in their HFT supercomputers, and John Q. Public isn’t even in the market, who will these supercomputers sell to when they all get the sell signal at the same time? When that time comes, and it won’t be long, I’ll be munching popcorn and watching the festivities unfold. The talking heads, government apparatchiks, and Ivy League educated big swinging dicks on Wall Street will declare a national emergency and demand another bailout. Will we be stupid enough to fall for it again, or will we start hanging bankers?
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Tuesday, June 09, 2015
Stock Market Acting Tired...Still Nothing Bearish... / Stock-Markets / Stock Markets 2015
The market had hung around the top of the range over 2110 for quite some time. Breakout number one was a move over 2119, and after some time 2134 became there new level. We have a double, consecutive-day top at that level and after several tries that failed decently below, the market gave it up some. Nothing terrible, but we're now headed south for the most part as the market unwinds further its oscillators, which were not overbought, so they're getting down to some nice levels, if you're a bull. The lower the better.
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Monday, June 08, 2015
Why We're Selling Half of China Stocks Today / Stock-Markets / Chinese Stock Market
Dr. Steve Sjuggerud writes: A huge announcement about Chinese stocks is coming tomorrow night...
On June 9, shortly after 5 p.m. ET, MSCI – the world's leading provider of global stock market indexes – will announce whether or not China will start to be included in its indexes.
Even if MSCI doesn't approve China tomorrow, it will sometime soon. And this will ultimately cause hundreds of billions of dollars to flow into Chinese stocks over the next couple years.
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