Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Tuesday, December 17, 2013
U.S. Outstanding Credit Vs GDP / Stock-Markets / Derivatives
By Grant Williams
On January 29, 1845, the New York Evening Mirror published a poem that would go on to be one of the most celebrated narrative poems ever penned.
It depicted a tragic romantic's desperate descent into madness over the loss of his love; and it made its author, Edgar Allan Poe, one of the most feted poets of his time.
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Tuesday, December 17, 2013
Stock Market Cycle Top Beginning of January 2014 / Stock-Markets / Cycles Analysis
One of the advantages of being at the center of the “Lindsay Renaissance” is receiving information from other investors and analysts, around the world, who have been quietly using the work of George Lindsay on their own for many years. Last week I received the dates shown in this chart.
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Tuesday, December 17, 2013
Stock Market Options Triple Witching vs Santa Rally Explained / Stock-Markets / Options & Warrants
With the last major news item for 2013 less than 48 hours away, I thought I would share some insights as to what the S&P 500 Cash Index (SPX) options were pricing into the Federal Reserve’s monetary policy announcement due out Wednesday.
After the news is released and the week ends, it will be time for Santa Claus to come to Wall Street. While most people believe in the Santa Claus rally, what few understand is the bullish undertones that traditionally accompany a triple witching event.
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Tuesday, December 17, 2013
Stock Market Pop-n-drop, BKX May Lead the Decline / Stock-Markets / Stock Markets 2013
The Pre-Market is mildly higher. SPX still has to finish Minute Wave [v] of Minor Wave 2. The entire Cycle from the 1811.52 top to today’s high will take 43 hours at 11:00 am. The larger degree Cycle Model agrees.
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Tuesday, December 17, 2013
Sick German Banks the Monster European Banking Crisis of 2014 / Stock-Markets / Credit Crisis 2014
(Special note from John: The letter is later this week, and I apologize. The rule is that you don't want to know about the storms I encountered, just whether I got the ship to harbor. So, back in the harbor, here is the letter, which will give you a head's-up on a brewing banking crisis in Europe.)
This week, Geert Wilders and his Party for Freedom in the Netherlands and Marine Le Pen of the Front National (FN) of France held a press conference in The Hague to announce that they will be cooperating in the elections for the European Parliament next spring and hope to form a new eurosceptic bloc. Their aim, as Mr. Wilders put it, is to "fight this monster called Europe," while Ms. Le Pen spoke of a system that "has enslaved our various peoples." They want to end the common currency, remove the authority of Brussels over national budgets, and undo the project of integration driven with so much idealism by two generations of European politicians. (My thought about Marine Le Pen after looking at her policies is that if Marine Le Pen is the answer for France, they are asking the wrong question.)
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Tuesday, December 17, 2013
Stock Market Four Day Losing Streak Ends / Stock-Markets / Stock Markets 2013
Courtesy of Doug Short: When the US stock exchange opened, world markets were a mixed bag. The Nikkei and Shanghai Composite had both closed with 1.6% losses, but the EURO STOXX 50 was up 1.7% on Markit’s strong Flash Eurozone Composite Purchasing Managers’ Index (PMI). The US followed the EU exemplar with an Industrial Production increase that substantially exceeded expectations. The S&P 500 rallied at the open and hit its 0.95% intraday high at 10 AM. The index then coasted to a trimmed gain of 0.63% for the day, snapping a four-day losing streak.
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Monday, December 16, 2013
Stock Market 1987 in 2014 If Fed QE Taper / Stock-Markets / Stock Markets 2014
On Monday, October 18th 1987, the Dow Jones Industrial Average lost 508 points (22%). There are many theories as to why the crash occurred, but the simple truth is that the panic stemmed from a sharp rise in interest rates. Likewise, another stock market crash awaits investors on the other side of tapering.
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Monday, December 16, 2013
Stock Market Melt-up 2014 - Is It 1929 All Over Again? / Stock-Markets / Stock Markets 2014
A growing number of market technicians, some of them highly respected, are forecasting a sharp correction in the January-February time frame. In light of a number of recent inquiries I've had regarding this possibility, let's examine this topic.
Tom DeMark is one of Wall Street's most esteemed technical analysts. He recently uncovered an analog between the current stock market and the run-up to the 1929 top. Tom McClellan published a chart comparing the two markets in a recent article. The theory behind price pattern analogs is that "similar market conditions can produce similar patterns" as McClellan put it.
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Monday, December 16, 2013
Start of Stock Market Intermediate Decline, Or...? / Stock-Markets / Stock Markets 2013
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 severe correction of 2007-2009 may have curtailed the full downward pressure potential of the 40-yr and 120-yr cycles.
Intermediate trend - An important top formation may be in the making.
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Monday, December 16, 2013
Stock Market SPX Decline is More Complex, Possibly More Bearish / Stock-Markets / Stock Markets 2013
We saw the SPX decline beneath its 50-day moving average in the overnight futures, only to be ramped up starting around 3:00 am. This is a sub-Minute Wave (iii) of Minute Wave [c]. The Model now calls for a pullback and a final sub-Minute Wave (v) to double overhead resistance at 1796.17.
The Cycles Model calls for a turn in SPX tomorrow, so it may be that today may be a slow day of bouncing between support and resistance.
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Monday, December 16, 2013
Stock Market Sentiment: Dow Industrials Weakening / Stock-Markets / Stock Market Sentiment
Courtesy of Declan. I have added a new market sentiment chart with relative momentum, trend and volume metrics in the one chart. As an example in the new chart, industrials (XLI) gained Thursday and Friday, but these gains were delivered with a drop in momentum, cooling volume and a weak bullish trend.
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Monday, December 16, 2013
Stock Market 2014 - Saving You From a Dangerously Popular Delusion / Stock-Markets / Stock Markets 2014
Keith Fitz-Gerald writes: There's a very dangerous meme making the rounds.
It goes something like this:
The economy is improving, therefore the Fed's going to taper... and, when it does, the economy is strong enough to endure the withdrawals that will come with it.
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Monday, December 16, 2013
UK Tax Free Spread Betting Industry under the Spotlight / Stock-Markets / Spread Betting
Spread betting popularity remains high, despite dip in numbers!
Brett Chatz writes: The nationwide popularity of spread betting remains high in the United Kingdom, albeit at lower levels than this time one year ago. According to statistics, the numbers of spread bettors reflect a drop of 7000 people from September 2012 to November at 2013. This represents an 8% decline, as indicated by findings from a prominent research company in the UK. The fundamental tenet of spread betting requires the trader to place a bet on the movement in the price of a particular asset. This can also be an index.
Monday, December 16, 2013
Robert Prechter Stocks, Bonds and Commodity Market Forecasts 2014 / Stock-Markets / Financial Markets 2014
Dear Reader,
I may not be Santa Claus, but I have an early present for you this year. It’s actually 15 presents in the form of 15 charts of financial markets with analysis by Bob Prechter, the president of Elliott Wave International.
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Monday, December 16, 2013
Stock Market VIX Shows Biggest Drop Since Mid-August / Stock-Markets / Stock Markets 2013
Richard Cox writes: The benchmark index that is used to price US stock options started to show declines on Friday for the first time in eight trading sessions, as positive economic data supported equity markets in the early part of the month. The Chicago Board Options Exchange Volatility Index (VIX) dropped 8.6% to 13.8, which was the largest single-session decline since Oct. 16. The VIX essentially measures appropriate costs for the use of options as protection against losses in the S&P 500. In the eight-session span prior to Friday, the VIX has risen 23%, after valuations in equity markets rose to their highest levels in four years.
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Sunday, December 15, 2013
Stocks Bear Market Focus Point: The Demise of the Social Compact is leading us to the next GFC / Stock-Markets / Stocks Bear Market
For those readers of my commentaries who do not look at charts on a regular basis, the price charts in the commentary that follows this one, should be a timely reminder of where we are in the scheme of things and how unrelated to the real world equity prices have become as a result. Risk is now at levels not seen since 2006 – 2008. What makes this situation even more unstable and untenable over the short to medium term, is that the Obama government, as part of their plan to destroy the US Tea Party once and for all by grabbing a majority vote in the US house of Reps on November 4th 2014, will be doing “whatever it takes” to keep the US dollar depressed and US equities on the boil. But despite this, financial markets are just too big and too fragmented to be totally controlled – even by the USA.
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Sunday, December 15, 2013
Stock Market Primary Wave III Rally Over? / Stock-Markets / Stock Markets 2013
After hitting a rebound high at SPX 1812 early Monday the market experienced its first real, (not a point or two), week over week decline since late September. And its largest weekly decline since the last downtrend. For the week the SPX/DOW were -1.65%, the NDX/NAZ were -1.45%, and the DJ World lost 1.45%. On the economic front positive economic reports again outpaced negative ones. On the uptick: wholesale/business inventories, retail sales, export/import prices, the monetary base, plus the budget deficit improved. On the downtick: the PPI, the WLEI and weekly jobless claims rose. Next week is FED week, plus we get reports on Capacity utilization, Housing and Q3 GDP. Should be an interesting week before the following holiday week.
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Saturday, December 14, 2013
Stock Market Bummer! Losing Streak Now at Four Days / Stock-Markets / Stock Markets 2013
Courtesy of Doug Short writes: At one minute before the close, it looked like the S&P 500 would snap its three-day losing streak. But at the Friday 13th closing bell, the index had tipped into the red, increasing the streak to day four. And the 1.65% weekly decline gives us the second week of losses (although the previous one was a microscopic -0.04%). The Dow and Nasdaq fared a bit better, both closing with fractional Friday gains.
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Saturday, December 14, 2013
Stock Market Upside Getting Tougher.....Complacency Soars....... / Stock-Markets / Stock Markets 2013
Never a good thing to see complacency in anything we partake in during our lifetimes. It has a way of coming back to haunt us. Once we think there's only one outcome to things we get the lesson that there's another outcome sitting out there lurking and surprising us when we want no part of it. I mean, come on, things were so nice. Who needs this headache! When complacency hits the market you know there's trouble coming. We had a bull-bear spread coming in to this week at 43.9%. That is a very rare-reading indeed. You also know that we won't stay at those levels forever. There will have to come a time when we likely see levels back in the 20's again. So you have to ask yourself, how do we get there. How could we ever get back down to a spread with a 2 as the first number?
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Friday, December 13, 2013
Crisis Investing in Cyprus - Video / Stock-Markets / European Stock Markets
By Nick Giambruno, Senior Editor, International Man
Recently, legendary crisis investor Doug Casey and I put our boots to the ground in Cyprus to search the rubble of one of recent history's most significant financial crises—the financial collapse and bank deposit raid in Cyprus—for incredible bargains. And we found them.