Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Thursday, August 28, 2014
What the Burger King Deal Tells Us About Today's Stocks Bull Market / Stock-Markets / Stock Markets 2014
Michael E. Lewitt writes: The S&P 500 recently hit a new high as it drove through the 2000 mark for the first time in history on the day that Burger King Worldwide Inc. (NYSE: BKW) announced that it would purchase iconic Canadian fast food chain Tim Hortons Inc. (NYSE: THI).
Thus far in 2014 there have been $2.3 trillion of announced mergers & acquisitions (M&A) transactions around the world - $1.16 trillion in the United States alone - and undoubtedly there are more on the horizon.
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Thursday, August 28, 2014
Stock Market Will We Ever Sell......!..Froth Ramping Again... / Stock-Markets / Stock Markets 2014
Of course we will, and the market is set up right here to do so, except thus far it hasn't. Three straight days of daily-chart topping sticks across all the major indexes. It hasn't mattered. The market refuses to sell. It really should from here. Overbought and negative divergences and major froth and.....! You get the idea. At least a small pullback, one would think. So today we were set-up to sell, and although we tried to really sell-off late in the day, over the last thirty minutes the Spy was able to rally back up and barely finish in the red.
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Wednesday, August 27, 2014
Stock Market Panic Decline Begins / Stock-Markets / Stock Markets 2014
SPX escaped the support of its Ending Diagonal trendline yesterday, putting it at risk of a sharp decline. Yesterday’s peak at 11.27 a.m. put it within an hour of 17.2 days of rally since its low at the close of August 7.
The Premarket is flat with a slight downward bias this morning. There is more bad news out of Europe, but traders appear to be jaded with no news of any significance being reported domestically.
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Wednesday, August 27, 2014
Stock Market Staring Into the Great Abyss / Stock-Markets / Stock Markets 2014
Is a looming war coincident with a depressed gold price and a stock market peak an example of — staring into the great abyss?
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Tuesday, August 26, 2014
Stock Market Bear Tracks Abound In Wall Street / Stock-Markets / Stocks Bear Market
Today's boundless investor complacency is eerily reminiscent of the unbridled investor euphoria of the roaring 1920’s. And all avid market students remember what happened then…i.e. the 1929 Stock Market Crash.
Pervasive investor complacency reigns in Wall Street today…similar to what caused myopic prudence in 2000-2001 and again 2007-2008. It is imperative to recall that in each case stock indices lost more than 50% of their value.
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Tuesday, August 26, 2014
Stock Market 6 Month Cycle / Stock-Markets / Stock Markets 2014
With the passage of the final high of the 2009 bull market high in the Dow (precisely forecast by the Lindsay model on July 17) our attention now turns to the S&P 500. Unfortunately, Lindsay’s methods only apply to the Dow so we must use other means but, as history has shown, highs in the two indexes shouldn’t be too far apart (in the year 2000 the Dow’s high was in January and the S&P’s was in March).
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Tuesday, August 26, 2014
Even Mainstream Academia Worried about Massive Bubbles in Markets / Stock-Markets / Financial Markets 2014
Academia Finally Sounding Alarm
As stocks set new records each month even other academic economists are starting to realize that not only is the Federal Reserve behind the curve, but that they are part of the rising risk concerns that are building in the financial system, and their failure to take responsibility for valuations that are 10% over-valued even on the most optimistic valuations, is alarming given the past bubbles and the damage that has occurred through excessively low interest rates providing far too much liquidity in the system.
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Tuesday, August 26, 2014
Dow Stock Index On The Cusp / Stock-Markets / Stock Markets 2014
The Dow is really testing the mettle of the bears. That includes me. As of today the rally has reached a height of 17124. Just shy of the all time high of 17151. So, is that the end of the rally? I wish I could say it was but there is still no sign of reversal. Let’s refresh ourselves of the big picture at this critical juncture.Read full article... Read full article...
Monday, August 25, 2014
Stock Market Uncertainty Resolved With New High / Stock-Markets / Stock Markets 2014
Current Position of the Market
SPX: Very Long-term trend - The very-long-term cycles are in their down phases, and if they make their lows when expected, there will be another steep decline into late 2014. However, the Fed policy of keeping interest rates low has severely curtailed the full downward pressure potential of the 40-yr and 120-yr cycles.
Intermediate trend - The correction is over and what is most likely the final phase of the uptrend (before a more serious correction) is underway.
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Monday, August 25, 2014
Dollar Dumping: When Actions Speak Loudest / Stock-Markets / Financial Markets 2014
The hypocrisy is endless. Counter-intuition is the norm. Observing financial markets requires a mirror image interpretation in an economic fun house.Take Warren Buffet, for example. The darling of modern finance in a ten thousand dollar crumpled suit, he exemplifies every traders dream of beating the markets - buying low, selling high, and at the same time all that is frugal.
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Monday, August 25, 2014
Stock Market Fear Is Good / Stock-Markets / Stock Market Sentiment
Steve McDonald writes: Chesapeake Energy (NYSE: CHK), the brainchild of Aubrey McClendon, has been though the ringer for the past few years. Its problems included McClendon using it as his personal piggy bank, or some such accusation; buying far too many assets in the shale areas in the U.S. and ending up in a cash crunch; gas prices dropping to ridiculous levels; and the stock price getting crushed from around $60 to the low teens.
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Monday, August 25, 2014
A Plethora of Currency, Stocks and Precious Metals Chartology / Stock-Markets / Financial Markets 2014
In this report there are so many charts I want to show you it’s hard to know where to start. It seems like we have entered a critical inflection point in both the stock markets and the precious metals complex. These inflection points can last for awhile before they show their hand but it’s important to know one exists so we can take advantage of the situation. I’m fully aware that the stock markets are entering the most dangerous time of the year as they move into September. As I mentioned to you before, The Only Rule in the Stock Markets are There are no Rules, so anything can happen at anytime. It just goes with the game we choose to play. With that said lets start by looking at several long term charts for the SPX.
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Sunday, August 24, 2014
Another Interesting Stock Market Juncture / Stock-Markets / Stock Markets 2014
US markets rise for third week in a row. The week started off with a gap up on monday, and then continued to rise every day until thursday. When it hit a new all time high at SPX 1995. A pullback on friday ended the week at SPX 1988. For the week the SPX/DOW were +1.85%, the NDX/NAZ were +1.65%, and the DJ World indix rose 1.2%. Economic reports for the week were all positive until the WLEI downticked on friday. The upticks: the NAHB, the CPI, housing starts, building permits, existing home sales, the Philly FED, leading indicators, the monetary base, and weekly jobless claims declined. Next week we get an update on Q2 GDP (est. +4.0%), PCE prices and the Chicago PMI.
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Friday, August 22, 2014
Are Stocks Bear Markets the New Bull Markets? / Stock-Markets / Stocks Bear Market
Lately, when I appear on CNBC and Fox Business, I seem to face an increasing number of bulls who claim we’re not in a bubble and that we could see the markets explode upwards in the weeks and months ahead. And they can list countless reasons for their view.
What I’m seeing less and less of are those pundits willing to be bearish… and those who have amended their point of view. “If we get a correction,” they say, “it will be minor… 10% or so.”
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Friday, August 22, 2014
US Stock Indices 10-Year Consolidation Patterns ... Upside Breakouts? / Stock-Markets / Stock Markets 2014
I was originally going to do the Weekend Report on the very long term charts for the markets but after last Friday's trading I decided to mix it up a bit with some shorter term charts. It seems like everyone is either looking for that 10% to 15% correction right here before the stock markets can go higher or many looking for the top that will lead to a bear market. That is possible but I would like to show you some charts that maybe saying this correction is over and the next impulse leg up is now getting underway. You never know 100% for sure if you are right until you can look back in hindsight. With that said lets look at some charts starting with the INDU.
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Friday, August 22, 2014
SPX Fibonacci Study / Stock-Markets / Stock Markets 2014
I have done a Fibonacci study of the SPX and wish to share it with you.
· Minor Wave 1, which began at the June 24. 2013 low is 149.34 points in length.
· Minor Wave 3 is 223.37 points in length and 1.4957 times the size of Wave 1. Let’s call it a Fibonacci 1.50 times.
· So far, Minor Wave 5 is 256.84 points in length, or 1.72 times the size of Wave 1 (truly a blow-off top). In Fibonacci terms,
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Friday, August 22, 2014
Stock Market - This is Not Going to End Well / Stock-Markets / Stock Markets 2014
ZeroHedge reports, “We are sure this will end well... As CDS-based credit ETFs are launched, so the number of ways to 'sell' volatility (buy complacency) for retail equity investors have exploded in recent years as The Fed's stranglehold on uncertainty has continued. However, as Bloomberg reports, as VIX has tumbled in the last few weeks, investors are wagering on further declines - in the five weeks through Aug. 15, they put almost $320 million into the VelocityShares Daily Inverse VIX Short Term ETN (XIV): the longest stretch of weekly investments since the note began trading in 2010.
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Thursday, August 21, 2014
Dow Stocks Index Searching For Secondary Top / Stock-Markets / Stock Markets 2014
The Dow continues its tremendous rally from recent lows. I have stated before that it is my opinion that this is a bear market rally. Has anything happened to change that opinion? Nup, but I’ve sure got a good case of the heebie jeebies! Let’s revise the charts to see why.
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Thursday, August 21, 2014
Mafia Boss Claims Stocks A Bubble, Buy Physical Gold and Silver / Stock-Markets / Financial Markets 2014
Michael Franzese, the former powerful mafia boss turned motivational speaker and author, warned on CNBC that stocks are a bubble, Wall Street is crooked and advised people to own physical gold and silver bars.
Asked for his “top investment tips,” Franzese told CNBC:
“I did a lot of things at times with people on Wall Street and I don’t trust them … that is the bottom line … a lot of [Wall Street] guys are shady and they did shady things with me and I don’t trust them. And I don’t like other people that I don’t know really well taking care of my money. I think that I can do it better.”
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Thursday, August 21, 2014
Stocks Fluctuate Along Record Highs As Investors Await Fed’s Conference / 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