Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Tuesday, December 02, 2014
Reversal in TNX as USD Breaks Out / Stock-Markets / Financial Markets 2014
Good Morning!
TNX is racing to challenge Short-term resistance at 22.83 this morning. I had not reported on TNX yesterday, since it had only made three waves from its low and closed at hourly Cycle Bottom resistance at 22.15. This morning the reversal is clear and the Cycles Model verifies it. It also suggests that the rally may continue through mid-December, once a pullback to the Cycle Bottom is made. Those who are long treasuries may find a more comfortable exit there, while those wishing to short treasuries may find a better entry point at the Cycle Bottom.
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Tuesday, December 02, 2014
Oil Price, Gold And Now Stocks? / Stock-Markets / Market Manipulation
Is the Plunge Protection Team really buying oil now? That would be so funny. Out of the blue, up almost 5%? Or was it the Chinese doing some heavy lifting stockpiling for their fading industrial base? Let’s get to business.
First, in the next episode of Kids Say The Darndest Things – oh wait, that was Cosby .. -, we have New York Fed head (rhymes with methhead) Bill Dudley. Dudley’s overall message is that the US economy is doing great, but it’s not actually doing great, and therefore a rate hike would be too early. Or something. Bloomberg has the prepared text of a speech he held today, and it’s hilarious. Look:
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Tuesday, December 02, 2014
Stock Market Gap Down And Hold....Not Run, But At Least Hold.... / Stock-Markets / Stock Markets 2014
So at least the bears can say they made some progress today. Not exactly what they would love to see but at least they have something more positive to hold on to. They were able to get a strong gap down and they definitely held that gap down all day as the bulls tried several times to move things back up but the determined bears held that gap wide open. That's a huge start for the dark side players as they have been unable to that for a very long time. Large gap down and hold seems like something from the dark ages. Today they did it, but they did fail to do the whole package, which would have included a gap down and run lower all day with a close at or on the lows. But that's fine with them as they'll take whatever they can. They're so used to being disappointed they had mostly given up. Today at least they didn't give up.
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Monday, December 01, 2014
US Dollar Goes Parabolic Vs. Russian Ruble and Japanese Yen / Stock-Markets / Financial Markets 2014
Despite the junior resource sector being near a major bottom and going through a bear market of epic proportions, I still believe that this may be one of the best times to add to quality positions. Nothing perfects one's craft in the financial markets like a bear market. In a bear market one has to refine their skills in stock picking. The emergence of a new bull market is usually the most propitious time for outsized gains.
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Monday, December 01, 2014
SPX Gaps Down, Crude Oil Price Continues to Slide / Stock-Markets / Financial Markets 2014
Good Morning!
As indicated on Friday, the SPX Premarket has declined beneath both the lower trendline of its Ending Diagonal formation and the upper trendline of the Orthodox Broadening Top. It appears to have bounced off Short-term support at 2052.12 and remains between its new support and resistance lines.
ZeroHedge reports, “Another day full of global macroeconomic disappointments is certain to send the S&P500 to all time-higherest records as 100,000 or so E-mini contracts exchange hands between central banks and Citadel's algos.
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Monday, December 01, 2014
The World Has Become Obdurate, Central Bankers Hell Bent on Creating Inflation / Stock-Markets / Financial Markets 2014
There is a perfect word that describes the current condition of governments and consumers around the world today. The word is obdurate, and it means to be stubbornly persistent in wrongdoing.
The word comes to mind when witnessing the renewed enthusiasm of central banks to re-inflate old asset bubbles and to endlessly debase their currencies with the misguided belief that inflation will engender sustainable economic growth. In the case of the Fed, it has so far to date made at least three QE efforts and six years of ZIRP to achieve this goal. But what it has actually achieved is to create asset bubbles and render the nation insolvent. Governments have failed to grow economies in any viable manner. But today's central bankers have become the very embodiment of the word obdurate, as they stubbornly persist in the effort to pursue inflation as a panacea, despite all available evidence that it will fail to achieve their desired results.
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Monday, December 01, 2014
Stock Market Technical Indicators Worsening / Stock-Markets / Stock Markets 2014
Current Position of the Market
SPX: Long-term trend - Bull Market
Intermediate trend - While everything technical points to an overbought condition which should require an adjustment, the exact timing of that correction is for the market itself to decide and reveal.
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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Sunday, November 30, 2014
Is the Fed Thwarting U.S. Stocks? / Stock-Markets / Stock Markets 2014
Rachel Gearhart writes: The Federal Reserve may be looking to make its first round of interest rate increases since 2006 in mid-2015, but that doesn't mean you should panic.
According to Loomis, Sayles & Co. Senior Equity Strategist Richard Skaggs, "A rate hike would not present a material obstacle" to stock gains in the next year to year and a half.
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Sunday, November 30, 2014
Stock Market Investors That Do Not Understand The Power Of Seven Will Lose Money in 2015 / Stock-Markets / Stock Markets 2014
Investors and traders around the world continually search to find or increase their edge in the financial markets to boost profits. The next few months are going to be critical for investors because the number seven is now in play for the stock market.
What does this mean?
In magical lore seven is a magical number., While all numbers are ascribed certain properties and energies, seven is a number of power, a lucky number, a number of psychic and mystical powers, of secrecy and the search for truth.
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Sunday, November 30, 2014
Dow Stocks Index Big Fake Out & VIX Analysis / Stock-Markets / Stock Markets 2014
Dow
The Dow’s parabolic move higher has continued with gusto throughout November. So what’s next? Well, I think Santa is coming to the party with a Christmas rally that will be the last hurrah for this bull market that began in 2009.
Let’s begin the analysis with the weekly chart.
Saturday, November 29, 2014
Stock Market Long Term Inflection Point / Stock-Markets / Stock Markets 2014
The holiday shortened week started off at SPX 2068 on Monday. After a rise to SPX 2074 by Tuesday the market dipped to 2065. Then after rise to new highs at SPX 2076 on Friday, this was followed by another dip to 2065. The total range for the week was an incredibly small 0.5%. For the week the SPX/DOW gained 0.15%, the NDX/NAZ gained 1.85%, and the DJ World index gained 0.10%. Despite the small rise, this was the sixth weekly gain in a row. On the economic front reports came in biased to the negative side. On the uptick: Q3 GDP, personal income/spending, the PCE, and durable goods orders. On the downtick: consumer confidence/sentiment, Case-Shiller, the Chicago PMI, pending/new home sales, the WLEI, and weekly jobless claims increased. Next week we get the FED’s beige book, the monthly Payrolls report, the ISMs, and plenty more.
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Saturday, November 29, 2014
The Stock Market Has Peaked / Stock-Markets / Stock Markets 2014
SPXA50R measures the stocks above the 50 day Moving Average which gives perfect timing of Market Tops and Bottoms.
The Macd line cross is the Alert, Followed by %B below 0.5 and Slow Sto below 80 has proven to be Sell Signals
Behind the pink Histogram primary chart, you can see the SPX down and the Vix at the bottom right turning Up.
Saturday, November 29, 2014
U.S. Treasury Bonds Outperforming S&P 500 Stocks Index / Stock-Markets / Stock Markets 2014
It was a sure thing. With the Fed cutting back its massive QE bond-buying program this year bonds would plunge. Instead, they began rallying sharply in January, precisely when the Fed began tapering back QE.
It seems that economists expecting bonds to plunge failed to anticipate that foreign demand for U.S. treasury bonds would make up for the slowing of Fed bond buying.
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Friday, November 28, 2014
VIX is Reversing, Other Stock Market Indicators are Faltering / Stock-Markets / Stock Markets 2014
The NYSE Hi-Lo index is acting strangely today. It appears that it may fail at exceeding its prior high of 420.00 from the previous week. That would complete a “failed” point 5 of its Orthodox Broadening Top that I also pointed out last week. A bearish portent for the Hi-Lo.
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Friday, November 28, 2014
Stocks Fluctuating - Will Uptrend Extend Even Further? / Stock-Markets / Stock Markets 2014
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,085 and profit target at 1,950, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish:
Intraday (next 24 hours) outlook: bearish
Short-term (next 1-2 weeks) outlook: bearish
Medium-term (next 1-3 months) outlook: neutral
Long-term outlook (next year): bullish
Thursday, November 27, 2014
Brazilian Bovespa Stock Market Technical Analysis / Stock-Markets / Brazil
The Bovespa is the Brazilian stock index and is based out of Sao Paulo. Let’s take a top down approach to the technicals beginning with the yearly chart.
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Thursday, November 27, 2014
The Dow Jones Stocks Index - Beautiful Tree in the Desert / Stock-Markets / Stock Markets 2014
The Dow Jones Industrial Average (DJIA) Index is the only stock market index that covers both the second and the third industrial revolution. Calculating share indexes such as the Dow Jones Industrial Average and showing this index in a historical graph is a useful way to show which phase the industrial revolution is in. Changes in the DJIA shares basket, changes in the formula and stock splits during the take-off phase and acceleration phase of industrial revolutions are perfect transition-indicators. The similarities of these indicators during the last two revolutions are fascinating, but also a reason for concern. In fact the graph of the DJIA is a classic example of fictional truth, a fata morgana.Read full article... Read full article...
Thursday, November 27, 2014
Harry Dent's Simple Strategy for Surviving Withdrawals from Markets on Crack / Stock-Markets / Financial Markets 2014
An aging world is a deflationary one, according to "The Demographic Cliff" author Harry Dent. In this interview with The Gold Report, he predicts a major, painful crash in the next two years based on population statistics and historic patterns. He has some positive short-term predictions for gold, and investment suggestions for how to be one of the ones still standing after the dust settles.
The Gold Report: Your book, "The Demographic Cliff: How to Survive and Prosper During the Great Deflation of 2014–2019," predicted a great deflation based on demographic trends. Were you surprised by the strong stock market over the last year?
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Wednesday, November 26, 2014
Still an Stock Market Up Trend On New Lows? / Stock-Markets / Stock Markets 2014
New Market Highs with New Lows Up Trending at the Same Time?
Today's chart show's the updated NYSE New Lows. The good news is that the VIX broke a support yesterday (a market positive), while the NYA New Lows did not break its thick red support line (a market negative).
See the NYA New Lows chart below for what is going on.
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Wednesday, November 26, 2014
Why Stock Investors Should Be Especially Thankful / Stock-Markets / Stock Markets 2014
Alexander Green writes: In my last column, I wrote about how life today is getting objectively better yet polls show we fail to recognize it.
Two-thirds of Americans believe the country is on the wrong track, a number that has hardly shifted in the last three years.
But take a closer look. We enjoy economic, political and religious freedoms denied to millions down through history and around the world today. Life expectancy is increasing. Standards of living are rising. Technology and medicine are easing and extending our lives. U.S. household wealth is at an all-time record high.
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