Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Friday, November 14, 2014
Stock Market Year End Rally / Stock-Markets / Stock Markets 2014
Although the Federal Reserve has now ended its quantitative easing (QE) program, the stock market has taken this in its stride and all eyes are now on the Fed Funds Rate, which will not be increased anytime soon. Make no mistake, the Federal Reserve has repeatedly stated that it will pursue an accommodative monetary policy for the foreseeable future and this suggests that the ongoing party on Wall Street will continue for as far as the eye can see. For sure, the primary uptrend will be punctuated by periodic pullbacks to the key moving averages, but the bull market will probably continue for at least another 2-3 years.
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Thursday, November 13, 2014
Contemplating Stocks Without QE / Stock-Markets / Quantitative Easing
Some influences on the stock market are casual, subtle or open to interpretation, but the catalyst behind the current stock market rally really shouldn't be controversial. As far as stocks go, we have lived by QE. The only question now is, whether we will die without it. A larger version of this article appears in the fall edition of Euro Pacific Capital's Global Investor newsletter.
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Thursday, November 13, 2014
Stocks and the Unfolding Economic Crisis in Europe / Stock-Markets / Stock Markets 2014
Since October 24th Der Spiegel the German newspaper has been running a fascinating series of essays on the unfolding economic crisis in Europe. The scope and detail of the series has caused a bit of an online stir in that this bastion of German mainstream journalism painted a very negative view of the future and accordingly many are wondering whether the German elite are finally beginning to question the sustainability of the current monetary paradigm. To get a sense of the tone of these articles here a few excerpts:
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Thursday, November 13, 2014
Stock Market Indices Reaching Cycle Tops / Stock-Markets / Stock Markets 2014
I just wanted to relay to you that SPX had reached its daily Cycle Top resistance at 2044.34 this morning. Generally, only wave threes (of any degree) may exceed the Cycle Top on any consistent basis. So we may expect to see SPX make several attempts at the Cycle Top, but it should not close above it.
What is helpful here is that the upper trendline of the Orthodox Broadening Top is at the same level, if not a few points above it. That should be the secondary stopper of this rally.
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Thursday, November 13, 2014
Stock Market Uncertainty Following Recent Up Move - Will Rally 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 13, 2014
Stock Market Same Old... Bulls Still In Control... So Is Yellen... / Stock-Markets / Stock Markets 2014
When a market is topping out at least temporarily you want to see certain things occur technically to verify the bears are gaining back control. The number one thing you always want to see is a gap down, and a decent one at that. Well, that's what we got early this morning, blamed mostly to Fed Plosser, the great hawk, who said we need to start raising rates. He always says it, but with the market overbought, it was an excuse to get those futures lower. The question that arises once the gap down has occurred is will the gap down hold meaning if it sells off after the gap down and closes near or on the lows. Volume needs to pick up and the gap down needs to remain open. No filling it and then collapsing. Leave a strong, nasty technical headache for the bulls to have to overcome.
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Wednesday, November 12, 2014
Aggressive Stock Market Sell Signal Given / Stock-Markets / Stock Markets 2014
I have been used to the NYSE Hi-lo index offering end-of-day results in the past. Only recently I noticed a change to intra-day information. Based on that, I converted the data to hourly and boy, was I surprised!
This chart clearly shows an unmistakable distribution pattern. This shows massive institutional selling in the after-hours followed by yen-carry ramps just prior to the open that is picked up by the algos and short-covering to boost the NYSE Hi-Lo index higher during daytime hours. The pattern began to weaken on November 3, leaving the top in the Hi-Lo index on October 31. Today we saw the Hi-Lo index open beneath the 50-day Moving Average and Intermediate-term support at 32.18.
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Wednesday, November 12, 2014
Interest rates, oil prices, earnings, GDP, wars, peace, terrorism, inflation, monetary policy, etc. / Stock-Markets / Financial Markets 2014
Don't Get Ruined by These 10 Popular Investment Myths (Part IX)
Interest rates, oil prices, earnings, GDP, wars, peace, terrorism, inflation, monetary policy, etc. -- NONE have a reliable effect on the stock market
You may remember that after the 2008-2009 crash, many called into question traditional economic models. Why did they fail?
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Wednesday, November 12, 2014
Stock Market New Panic Cycle Begins / Stock-Markets / Stock Markets 2014
SPX is down 8 points in the Premarket at the present time.
Bloomberg attributes the “pullback” to concerns about the European economy weighing down the U.S.
ZeroHedge claims that the drop in U.S. futures came from mixed signals from the powers-that-be in Japan.
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Wednesday, November 12, 2014
Why the U.S. Congressional Elections Won't Change Anything / Stock-Markets / Stock Markets 2014
The recent mid-term elections gave Republicans control of both the House and the Senate. Many economists and investment strategists are cheering the Republican takeover since they believe it will mean positive changes ahead for the U.S. economy. If history teaches us any lesson, however, they are likely to be disappointed.
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Tuesday, November 11, 2014
Stock Market Is Overvalued By 100%, Financial Repression Revisited / Stock-Markets / Stock Markets 2014
Guest Post from Peak Prosperity
In an exclusive interview of John Hussman by Peak Prosperity's Chris Martenson, Hussman says Stock Market Is Overvalued By 100%.
Chris Martenson: John Hussman is highly respected for his prodigious use of data and adherence to what it tells him about the state of the financial markets. His regular weekly market commentary is widely regarded as one of the best-researched, best-articulated publications available to money managers.
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Tuesday, November 11, 2014
Same Old... Stocks Bulls Still In Control... So Is Yellen... / Stock-Markets / Stock Markets 2014
So where is that top that's so talked about? The excuses are everywhere, but the bottom line isn't about excuses, it's about results and real price. Not wished for price, but real price. Real price is still up trending overall with lots of little pullbacks that get bought up very quickly. Yes, at some point, this will all end badly for the longs, but the gains we've made are adding up so we'll deal with the losing plays if, and when, they occur because you should keep some scratch in the game. That means you basically have to get caught, at some point, or you simply wouldn't be taking advantage of the trend in place, which we have. No human being can catch the exact top and get out without having a few losing long plays unless you're other worldly. I'm not. So we know it's coming, but we just don't know when it's coming. It should be here based on many obstacles that are out there. Take those weekly negative divergences or those overbought monthly charts not to mention a ridiculous spread on froth.
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Monday, November 10, 2014
Why Gold, Hard Money Types Are Wrong / Stock-Markets / Financial Markets 2014
Alexander Green writes: Listen to the typical perma-bear - if you must - and you'll find that they are generally wrong five ways at once.
They are wrong on the economy, wrong on the dollar, wrong on inflation, wrong on the stock market and wrong on gold.
Elmer Fudd had a better track record.
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Monday, November 10, 2014
Stocks Extend Short-Term Consolidation - Which Direction Is Next? / Stock-Markets / Stock Markets 2014
Briefly: In our opinion, no speculative positions are justified.
Our intraday outlook is neutral, and our short-term outlook is neutral:
Intraday (next 24 hours) outlook: neutral
Short-term (next 1-2 weeks) outlook: neutral
Medium-term (next 1-3 months) outlook: neutral
Long-term outlook (next year): bullish
Monday, November 10, 2014
Why China Bears Are Dead Wrong / Stock-Markets / Chinese Stock Market
William Patalon writes: When Gannett Newspapers posted me to China in 1997, the Pudong area of Shanghai was just beginning its transformation from swampy farmland and ramshackle wharves into a thriving financial district. Today it's one of the world's key financial centers, home to more than 5 million people, one of the world's tallest buildings and an international airport.
When Apple Inc. (Nasdaq: AAPL) shopped for a site for its first Shanghai Apple store, it chose a spot in Pudong.
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Monday, November 10, 2014
Stock Market Minor Correction Expected / Stock-Markets / Stock Markets 2014
Current Position of the Market
SPX: Long-term trend - Bull Market
Intermediate trend - Intermediate structure unclear
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 09, 2014
Stocks Bear Market Catastrophe as Stocks Flash Crash to New All Time Highs / Stock-Markets / Stock Markets 2014
The stock market has once more confounded all expectations by resolving to NEW ALL TIME HIGHS, this at a time when most market commentators had convinced themselves for much of October that the Top was in and that a new bear market had begun that in fact many proclaimed was on the verge of a crash given the accelerating rate of decent, and October was not extraordinary for such has been the case for the WHOLE of 2014! for EVERY MONTH of this year was meant to mark and END to the stocks bull market! Where the greater the deviation from its high the more vocal the doom calls became.
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Sunday, November 09, 2014
Understanding the U.S. Election Stock Market Rally / Stock-Markets / Stock Markets 2014
Michael E. Lewitt writes: The week was dominated by the mid-term elections that produced a sweeping victory for Republicans. Whether this will translate into meaningful economic policy initiatives remains to be seen, however.
The Republican agenda includes the Keystone XL pipeline, corporate tax reform, lifting trade barriers, peeling back the Affordable Care Act and potentially making some changes to the Dodd-Frank law.
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Sunday, November 09, 2014
Major World Stock Market Indices Analysis: SPY, QQQ, DAX, FTSE, CAC, HSI / Stock-Markets / Global Stock Markets
There can be one reason only for putting your money into the stock market and that is to earn a return on capital. Back in 2008-2009, many were faced with what would be their return OF capital once the market decline came to an end. Many never recovered their losses. For what lies ahead, from our perspective, a similar choice, but worse is in store for market participants. As context, it is worth remembering that no country can keep printing [actually now digitally creating] money-to-infinity, creating more debt than has ever existed, and with interest rates at near zero, without disastrous consequences. It defies common sense, and it defies prudent investing. Now there is a term we have not heard in quite some time. Our approach to markets is reading developing market activity in the form of price and volume without resorting to conventional technical analysis tools like moving averages, relative strength, MACD, Elliott Wave, whatever. The very best and most accurate source of information comes from the market itself, and it is available to everyone at the same time, as price and volume develop each minute, hour, day, week, month, etc, for whatever time frame one chooses.
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Sunday, November 09, 2014
US Dollar mid-term top makes Precious Metal and Energy Stocks a Buy / Stock-Markets / Financial Markets 2014
I decided to do an important update of the US Dollar Index, because Friday’s rise in Gold and gold stocks alongside oil indicated a likely top. I have been extremely bearish on energy and precious metal stocks the past few months because of the upside strength potential in the US Dollar. I still am bullish on the US Dollar, but as this analysis will indicate, a top has been put in place that should see a correction minimally last until early to mid-March 2015.
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