Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Monday, February 24, 2014
A World of Manipulated Markets / Stock-Markets / Market Manipulation
“There are no markets anymore, just interventions.” — Chris Powell, Gold Anti-Trust Action Committee
Once upon a time, a handful of countries sometimes described as “capitalist” claimed to operate on the principal that consenting adults should be free to buy, sell, build and consume what they wanted, with little interference or guidance from the authorities. The idea, derived from Adam Smith’s 1776 classic Wealth of Nations, was that all of these self-interested actions would in the aggregate form an “invisible hand” capable of guiding society towards the greatest good for the greatest number of people. Coincidentally, the political framework for such a society was envisioned the same year on the other side of the Atlantic, when Thomas Jefferson penned in the American Declaration of Independence that in addition to life and liberty, there was a third inalienable right for every individual – the pursuit of happiness. The resulting “market-based” societies were messy but brilliant, producing more progress in two centuries than in the previous 50.
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Sunday, February 23, 2014
Stock Market More Consolidation / Correction Needed / 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 (after this bull market is over), 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 - New uptrend still in doubt
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, February 23, 2014
World Stock Markets Second-Best Week of 2014 / Stock-Markets / Stock Markets 2014
Courtesy of Doug Short: At Friday’s close the eight markets on my world watch list collectively had their second-best weekly performance in 2014 (the previous week being the best). Five of the eight posted gains, some quite substantial, and the three that didn’t advance had only fractional setbacks — the S&P 500 being the worst performer, down a tiny 0.13%. After three weeks as the biggest loser, Japan’s Nikkei 225 took the top spot with a 3.86% rally. The UK’s FTSE 100 was up 2.62%, India’s SENSEX 1.64%, Hong Kong’s Hang Seng 1.12% and France’s CAC 40 0.94%.
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Saturday, February 22, 2014
Stock Market Forecast 2014 Crash or Rally? Drone Wars and the Nuclear Apocalypse / Stock-Markets / Stock Markets 2014
The Market Oracle NewsletterNovember 11th , 2013 Issue # 19 Vol. 7
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Saturday, February 22, 2014
Stock Market Daily Charts Are Fine...Weekly Charts Are Not.....Implications? / Stock-Markets / Stock Markets 2014
The weekly charts are all wrong. The MACD negative divergences, along with negative divergences on the stochastic's, RSI's and histograms make for a very ugly picture. Then there's the daily charts. Nothing really bad there. Nice looking MACD's. Strong RSI's and stochastic's. So what is the message? It's really hard to know, but if we go back in time, the last time the Nasdaq had this type of negative divergence, when it finally kicked in, it was a 13% drop. You never know when it'll kick in, but that was the situation. It doesn't have to be so bad this time, or it could be worse, or obviously somewhere in between. Add in grossly overbought monthly charts and you get the idea things could get ugly soon.
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Saturday, February 22, 2014
Stock Market SPX Double Top / Stock-Markets / Stock Markets 2014
This morning heavy gusts of wind (50-60 mph) came through and knocked out power, phones and internet. We were only restored around 2:30 and there was much to do while getting back online.
SPX is set up for a potential gap down on Monday. There is a run on at least one Russian bank and it appears that the Ukraine is on the verge of collapse. Pray that the truce holds over the weekend, because it if doesn’t, what began as demonstrations for basic human rights may turn into a civil war and may foment ill will between Russia and the U.S.
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Saturday, February 22, 2014
Stock Markets Are Still Loving The Economy’s Increasing Problems / Stock-Markets / Stock Markets 2014
The economic reports turn ever uglier, and the stock market loves it.
Something seems wrong with that picture.
In recent months, it has been the unexpected widening of the U.S. trade gap, as exports decline and imports rise. It has been unexpected plunges in retail sales, home sales, auto sales, durable goods orders, and factory orders. It has been downward revisions of previous reports for December.
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Saturday, February 22, 2014
Investor Profit & Protect from Multiple Deceptions & Delusions / Stock-Markets / Financial Markets 2014
“Housing numbers were abysmal for January 2014. This is yet another evidence that there is a huge disconnect between Wall Street and Fedspeak, versus the real economy. The truth is, the economy stinks. Big picture stock market patterns are telling us the economy will get much worse, and an economic depression could be coming. Robert McHugh, 02/19/2014
Do you own any Bonds? Does your Retirement Account hold any Bonds? Better check. And in particular check the Yield.
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Friday, February 21, 2014
Shadow Banking Stealth Mutation: The Acronyms for the Next Financial Crisis / Stock-Markets / Credit Crisis 2014
According to the latest study by the Financial Stability Board (FSB) the unregulated $72 Trillion Global Shadow Banking System is now larger than the global regulated banking system. How could an unregulated and opaque industry, which is larger than the entire world's GDP, operate with such little attention? Even the FSB is not a government entity and operates under the auspices of an entity with a highly checkered and mysterious background - The Bank of International Settlements in Basel Switzerland.
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Thursday, February 20, 2014
The U.S. Bubble Economic Recovery / Stock-Markets / Liquidity Bubble
"Double, double toil and trouble,
Fire burn and cauldron bubble.
Cool it with a baboon’s blood,
Then the charm is firm and good...
By the pricking of my thumbs,
Something wicked this way comes."
William Shakespeare, Macbeth, Act 4 Sc. 1
Thursday, February 20, 2014
Will the SPX drop 100 points? / Stock-Markets / Stock Markets 2014
I had expected a small bounce, then a test of Intermediate-term support at 1815.70 before a retracement bounce. Instead, the decline was shallower and the ensuing bounce a bit steeper. But it appears that the bounce may be (nearly) over already.
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Thursday, February 20, 2014
Fed There To Protect..... Overbought Stock Market Finally Unwinds..... / Stock-Markets / Stock Markets 2014
Ok, back to basics folks. What is the job of the Fed? We've gone over this many times. The Fed has one job and only one job. To watch the stock market. When Wall Street is happy Main Street is happy. The Fed admits to understanding technical points of concern price-wise. They know when markets are in trouble, and their job is to make sure the market doesn't have too many troubles. Trouble on Wall Street means their stress level is on the rise, and that they will have to move into action. To change what they're doing. So in order to prevent that, they come out with many statements throughout each month to tell us all what they're thinking. They want to remind Wall Street as often as possible that they've got their back.
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Thursday, February 20, 2014
No Story Behind Wednesday’s Stock Market Decline - and that’s Not a Bad Thing / Stock-Markets / Stock Markets 2014
Ronan Keenan writes: There is no clear explanation for Wednesday’s S&P 500 decline, but that’s nothing new. Markets have rallied and sold-off this year without any significant changes in the macro environment, leaving analysts to scramble for drivers of the daily moves. There were any number of reasons given for the day’s 0.65% decline, ranging from turmoil in Ukraine to the release of Federal Reserve minutes and even the potential terror threat from explosives hidden in shoes.
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Thursday, February 20, 2014
VIX Gives Stock Market Sell Signal, GLD Tumbles Off the Trendline / Stock-Markets / Financial Markets 2014
The VIX gave its SPX sell signal. It may drop back below 14.73, but the clincher is that it also broke out above the prior high at 15.24, even if only by a penny.
The Hi-Lo index hasn’t moved beneath its sell signal yet, but remember , it is a laggard.
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Wednesday, February 19, 2014
Many Are Still Betting on a Calm Stock Market. We're Not / Stock-Markets / Stock Markets 2014
Here's one good reason why: a historic market sentiment extreme
The DJIA, S&P and NASDAQ are struggling to bounce. Yet the bullish convictions remain high. Says a February 5 Investor's Business Daily headline:
"Why Mutual Fund Investors Need Not Panic After January Sell-Off"
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Wednesday, February 19, 2014
Resilient Sentiment Helps Stock Market Grind Higher / Stock-Markets / Stock Markets 2014
Ronan Keenan writes: The grind higher continued for stocks on Tuesday, with the S&P 500 just 40 basis points from recouping the year’s losses. This year’s trough was 6.1%, the steepest drawdown since late-2012, but it’s starting to seem a distant memory. Yet nothing has fundamentally changed to incite the recovery over the last couple of weeks. Then again, nothing really changed to start the selloff in January.
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Wednesday, February 19, 2014
Ugly Scenario Epiphany & Forecast Formula / Stock-Markets / Financial Markets 2014
The rabbit hole was detected long ago, leading to multiple examples of Jackass epiphany. Many clients and inquisitive followers have asked how and when the conspiracy and deep plots were recognized. A sequence occurred to produce the newfound awareness, in certain key events that reeked of suspicion, sabotage, and bad economics. The awareness began around 1990, confirmed in 2000 & 2001 with the stock bust and 911 crime scene, solidified with Lehman in 2008. The steady policy decisions were so destructive, ordered by intelligent men, that they had to be intentional. The hints were many. Certain friends, certain acquaintances, certain service veterans, certain business veterans all contributed to a perspective that has proved valuable. When the Vietnam War ended, when the Middle East hot spot never went away, when the American industry began to be dispatched to the Pacific Rim, when labor unions went too far, when presidential politics became absurd displays of Manchurian candidates, when the United States required a procession of fabricated enemies, when the financial sector boasted of victorious superiority, when the American diet turned into a carnival fantasy, when the American public turned into health freaks and Big Pharma subjects, when the genocide projects came to the fore, when the US Press turned into a propaganda megaphone, when technology was directed toward fascist forces, the Jackass had challenges in life and in industry blessed by certain accomplishments but also beset by frustations as well.
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Wednesday, February 19, 2014
Investing Lay of the Land / Stock-Markets / Investing 2014
Building your nest egg and managing it successfully takes more work than it did six years ago, but it isn’t a Sisyphean task. You can build a portfolio that will last the rest of your life.
Waiting for the political class to come to its senses is futile.
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Wednesday, February 19, 2014
Stock Market Uncertainty Following Recent Rally / Stock-Markets / Stock Markets 2014
Our intraday outlook remains bearish, and our short-term outlook is neutral:
Intraday (next 24 hours) outlook: bearish
Short-term (next 1-2 weeks) outlook: neutral
Medium-term (next 1-3 months) outlook: neutral
Long-term outlook (next year): bullish
Tuesday, February 18, 2014
Stock Market SPX Rally May be Over / Stock-Markets / Stock Markets 2014
SPX could not fill its final open gap at 1844.86. It now appears that it is breaking down. The first support is at 1830.00. If that doesn’t hold, there may be a short bounce at the 50-day moving average at 1810.99. There is nothing but free-fall beneath the 50-day.
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