Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Thursday, February 12, 2015
You Can’t Stop Progress, Supposedly / Stock-Markets / Technology
Jared Dillian writes: I am a sometimes gold bug and hard-money advocate, and a hard-core fiscal conservative. I have a pretty bearish outlook on the markets, I am generally skeptical of company management and especially journalists, and I think most investors, even the professional ones, are clueless.
I’m one of those hopeless romantics who pays down his debt (often ahead of schedule), would never ask for a bailout, and would be loath to sign up for unemployment benefits or even Social Security. If I looked hard enough, I could probably find a tinfoil hat that fits.
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Thursday, February 12, 2015
USDCAD and German DAX Elliott Wave Analysis / Stock-Markets / Financial Markets 2015
USDCAD has turned nicely lowest recently, and seems like top for wave B) could already be in place. We however need a five wave decline from 1.2696 to confirm a change in trend. If market will stay bearish today and close somewhere beneath or around 1.2500 then we could be considering shorts soon.
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Thursday, February 12, 2015
Stock Market Positive Expectations Following Ukraine Cease-Fire Deal / Stock-Markets / Stock Markets 2015
Briefly: In our opinion, no speculative positions are justified.
Our intraday outlook remains neutral, and our short-term outlook is neutral:
Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): bullish
Thursday, February 12, 2015
SPX Hanging on a Thread, Gold & Crude Resume their Decline / Stock-Markets / Financial Markets 2015
NDX has rallied marginally higher, turning the formation from January 6 low into a double zigzag formation. A regular correction is usually a single zigzag. We can infer from this action that the central banks are buying time, literally.
The thinking apparently is, “The more elevation, the lesser the decline.” Wrong!
The Cup with Handle formation is still intact.
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Wednesday, February 11, 2015
Stock Markets End of the 1-year Sideways Trend / Stock-Markets / Stock Markets 2015
Investors are starting to feel numb by the lack of action in the broad market. Since December, the Dow and SPX have settled into sideways trading ranges. The NYSE Composite (NYA) has been range-bound since last summer while the Russell 2000 (RUT) has been stuck in a lateral ranges for the past year. While trading ranges don't necessarily result in the loss of capital, its effect on the minds of market participants tend to be significant. Trading ranges are frustrating. When trading ranges become established over a period of months the effects upon investor and mass psychology can even be devastating.
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Wednesday, February 11, 2015
Casey Club - Unconventional Investing for Unconventional Times / Stock-Markets / Investing 2015
What is Casey’s Club?
Let me first share the evolution of Casey Research and why I think if you’re a serious speculator, you need to be part of Casey’s Club.
A little over a decade ago, I was a Casey subscriber. At the time, there was only the International Speculator, and the firm was made up of only Doug Casey and David Galland.
But as I got to know the power players in the industry, I learned that the savvy speculators made their millions investing via private placements (PPs) and clip and collect warrants.
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Tuesday, February 10, 2015
Stock Market Pop-n-drop Tuesday / Stock-Markets / Stock Markets 2015
Good Morning!
The [i] – [ii] Elliott Wave pattern appears to be nearing completion between 2056.00 and 2060.00. The Premarket is already geared up and USD/JPY has been summoned to help, completing a retracement to 119.44. Most of the currency pair’s strength comes from a brief surge in the USD, also this morning. It appears that the link between SPX performance and USD/JPY hasn’t broken yet. However, that may change as the Yen’s heretofore weak performance firms up.
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Tuesday, February 10, 2015
Syriza Defies Technocrats, US Pressures EU, Greeks Buy Gold / Stock-Markets / Eurozone Debt Crisis
- Tsipras to push ahead with counter-reforms “in their entirety”
- Dijsselbloem tells Syriza it must comply with Troika this week or have funding cut from February 28th
- Varoufakis calls the Eurogroups bluff – does not believe EU would risk expelling Greece from Euro
- US apply pressure on EU to keep Greece in the fold, fears “Grexit” would push Greece into Russia’s arms
- Greeks buying gold as insurance against uncertainty
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Tuesday, February 10, 2015
Will the 1998 Russian Financial Meltdown Repeat Itself? / Stock-Markets / Russia
History never repeats itself exactly, but many similarities between the past and the current Russian crisis suggest that the eastern bear could significantly falter in the future:
- The collapse of the ruble and its scope (Graph 2). The ruble lost over two thirds of its value in 1998. In 2014 it has lost more than half of its value against the dollar. Also the ruble’s unusual one-day falls are similar: Russian currency plunged 22 percent December 15 and 16, 2014 -an echo of the 27 percent fall August 17, 1998.
Tuesday, February 10, 2015
Fourth Turning – The Shadow Of Crisis Has Not Passed / Stock-Markets / Credit Crisis 2015
“Imagine some national (and probably global) volcanic eruption, initially flowing along channels of distress that were created during the Unraveling era and further widened by the catalyst. Trying to foresee where the eruption will go once it bursts free of the channels is like trying to predict the exact fault line of an earthquake. All you know in advance is something about the molten ingredients of the climax, which could include the following:
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Monday, February 09, 2015
What Has Been the SPY's Pattern During the Past 5 Years? / Stock-Markets / Stock Markets 2015
This chart shows the SPY's action since 1995.
What can be seen on this chart?
First, is that the SPY has made a higher/high.
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Monday, February 09, 2015
What to Do When It’s Time to Sell Everything / Stock-Markets / Financial Markets 2015
Shah Gilani writes: My Jan. 29 column, “It’s Not Time to Sell Everything – Yet,” generated a lot of questions.
I’m answering most of them here – and also letting you know exactly what I’m going to do myself.
As to the timing of a possible crash and depression, that’s the bazillion-dollar question.
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Monday, February 09, 2015
Stock Markets Extend Their Medium-Term Fluctuations, No Clear Direction Yet / Stock-Markets / Stock Markets 2015
Briefly: In our opinion, no speculative positions are justified.
Our intraday outlook remains neutral, and our short-term outlook is neutral:
Intraday outlook (next 24 hours): neutral
Short-term outlook (next 1-2 weeks): neutral
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): bullish
Monday, February 09, 2015
Which Companies and Markets Will Suffer Most from a Strong U.S. Dollar? / Stock-Markets / Financial Markets 2015
Since 2008 the U.S. dollar has risen against every important currency in the world.
Its steady ascent has been good for a lot of companies, economies, and investors.
But, if the trend continues, a strong U.S. dollar in 2015 will be bad news for some of those same companies, economies, and investors. Worse, it could trigger a global markets meltdown….
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Monday, February 09, 2015
US Stocks Rich Valuations, Insiders Selling / Stock-Markets / Stock Markets 2015
Maybe stocks are rather fully valued in expectations of The Recovery™.
Happy days are here again.
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Monday, February 09, 2015
Stock Market At Inflection Point / Stock-Markets / Stock Markets 2015
Current Position of the Market
SPX: Long-term trend - Bull Market
Intermediate trend - Is the 7-yr cycle sketching an intermediate top?
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 the course of longer market trends.
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Saturday, February 07, 2015
Stocks Bull Market Resuming? / Stock-Markets / Stock Markets 2015
February kicks off with a strong week. The market started the week at SPX 1995. Despite a gap up opening on Monday the market quickly dropped to SPX 1981 in the first half hour of trading. That was the low for the week. After a choppy beginning off that low, the market rallied to SPX 2072 by Friday with only two sizeable pullbacks along the way. Then, late afternoon Friday, it had its biggest pullback since that low. For the week the SPX/DOW gained 3.40%, the NDX/NAZ gained 2.15%, and the DJ World index gained 2.30%. On the economic front negative reports outpaced positive reports. On the uptick: personal income, construction spending, consumer credit, auto sales, ISM services, monthly payrolls and the WLEI. On the downtick: personal spending, ISM manufacturing, factory orders, the ADP, the MMIS, the monetary base, plus weekly jobless claims and the trade deficit increased. Next week’s reports are highlighted by Retail sales, Export/Import prices and Business inventories.
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Saturday, February 07, 2015
Stock Market Nothing Bearish At All ...Jobs Hotter Than Expected.... / Stock-Markets / Stock Markets 2015
Markets never change in this regards. When RSI's get overbought on those sixty-minute short-term charts it usually precedes a selling episode of some kind. Market sell in different ways. It can sell in a bearish fashion which means the oscillators lag the selling in price. It can sell in a bullish-fashion, meaning price doesn't fall much, while the oscillators reset quickly. This is what we've seen for the most part over the past many years. The RSI on the sixty-minute chat on the Dow hit 75 today, while the Nasdaq and S& P 500 hit 70.
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Friday, February 06, 2015
Stock Market SPX at Cycle Top Resistance / Stock-Markets / Stock Markets 2015
SPX has met Cycle Top resistance at 2072.15 and been repelled. There is a small probability of another probe of no more than 5 points, but the probability diminishes considerably in the next hour or so. At this time SPX has spent 189 hours from its December 29 high to today’s high. 189.1 hours is divisible by 60.1 (14 * 4.3) and 3.1416 (Pi).
This opens the probability of a Flash Crash by the close of Wednesday, February 18.
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Friday, February 06, 2015
The Financial Manhattan Project / Stock-Markets / Financial Markets 2015
“It is perfectly obvious that the whole world is going to hell. The only possible chance that it might not is that we do not attempt to prevent it from doing so.”
-Robert Oppenheimer
Recently, I was saddened to learn that my college physics professor died a few years back. I don't quite remember what led me down that path, but the walk down memory lane circled back to the realization of yet another dangerous and sad financial phenomenon evolving like a cancer on culture and society.
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