Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Wednesday, August 21, 2013
The Dow 30 Stock Market Index is the Greatest of All Ponzi Schemes / Stock-Markets / Stock Markets 2013
Beware: The Dow 30’s Performance is Being Manipulated!
The Dow Jones Industrial Average (DJIA) Index – the oldest stock exchange in the U.S. and most influential in the world – consists of 30 companies and has an extremely interesting and distressing history regarding its beginnings, transformation and structural development which has all the trappings of what is commonly referred to as pyramid or Ponzi scheme.
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Wednesday, August 21, 2013
Stock Market OBV Chart At a Critical Juncture / Stock-Markets / Stock Markets 2013
There is something very odd about the chart below. To understand what, it is necessary to understand how “On-Balance-Volume” charts are constructed.
Basically, if price rises during the day (today’s close is higher than yesterday’s close) then all volume of that day is treated as buying pressure. Vice versa if price end lower today than it ended yesterday. If price does not change, then volume is ignored. (As an aside, because price can be rigged on a Friday, weekly OBV charts tend to be meaningless)
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Wednesday, August 21, 2013
Stock Market Rebound Amid a Worldwide Selloff / Stock-Markets / Stock Markets 2013
Courtesy of Doug Short: World markets were in selloff mode before the US market opened. The had Nikkei plunged 2.63%, the Hang Seng 2.20% and the EURO STOXX 50 was down approximately 1.25%, the level it closed at a few hours later. The S&P 500 opened fractionally higher and rose to a narrow 3-point trading range that lasted from late morning until the final 30 minutes of the day. The 0.78% intraday high at 1 PM was essentially reduced by half at the close bell, a gain for the day of 0.38%.
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Wednesday, August 21, 2013
Stocks Sell of Begins as U.S. Bonds TLT Consolidates / Stock-Markets / Stock Markets 2013
TLT/USB appears to have reached its Minor Wave 5 low and is due for a bounce back to the neckline of its Head & Shoulders formation. I was wrong in declaring that TNX/TYX would continue to rally through September 3. It now appears that yields will consolidate/correct through that date and resume their rise after the consolidation ends. At the moment, I don’t expect the rally to go beyond the neckline shown on the chart. There appears to be too much resistance at the 105.00 level. We’re only talking about a 9-day rally if it wraps up by September 3.
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Tuesday, August 20, 2013
Stock Market Three Peaks and a Domed House; the Tri-Day Method / Stock-Markets / Stock Markets 2013
The work of George Lindsay is predominately concerned with timing turns in the market but he did have at least one method of forecasting price. Specifically, forecasting bear market lows following 3PDh formations. He called this approach the Tri-Day Method and explained it in a series of five supplements to his newsletter from May to September 1959.
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Tuesday, August 20, 2013
Stock Market Flash Crash Alert / Stock-Markets / Stock Markets 2013
SPX has officially crossed its 50-day moving average. Usually Flash Crashes occur after the 50-day is retested from beneath and turns down. A minimal Flash Crash would likely take SPX down to the lower trendline of the weekly Ending Diagonal. From there, SPX may bounce back to mid-Cycle support/resistance at 1567.80. This could be a busy week.
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Tuesday, August 20, 2013
Stock Market Intermediate Decline? / 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 - SPX and some other indices have formed a H&S top which was confirmed with last week's sell-off. A back-test of the neckline is possible over the near-term.
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Monday, August 19, 2013
Stock Market Correction Likely Underway / Stock-Markets / Stock Markets 2013
The market gapped down at the open on Monday to SPX 1681, rallied back to 1697 by Tuesday, then headed south for the rest of the week hitting 1653 on Friday. It does appear Major wave 4 has been underway since SPX 1710 as expected. For the week the SPX/DOW were -2.15%, the NDX/NAZ were -1.50%, and the DJ World index lost 1.0%. On the economic front reports were mixed: six rising, six declining and four unchanged. On the uptick: retail sales, the CPI, NAHB housing, housing starts, building permits and the weekly jobless claims improved. On the downtick: consumer sentiment, the WLEI, import prices, the NY/Philly FED, and the budget deficit increased. Industrial production, the PPI, business inventories and export prices were all unchanged. Are things beginning to slow down? Next week we get the FOMC minutes, and reports on housing and the leading indicators.
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Monday, August 19, 2013
Importance of Watching 10 Year U.S. Treasuries, Impacts on £1.5 Quadrillion of Derivatives / Stock-Markets / Financial Markets 2013
Keith Fitz-Gerald writes: The esoteric - yet highly accurate - Hindenburg Omen we looked at Friday may suggest the probability of a market crash. But the number I'm watching this week could cause one.
As a standalone figure, of course, the yield on 10-year Treasuries is small. But the amount of money it impacts worldwide is flat-out staggering.
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Monday, August 19, 2013
U.S. Stock Markets Still Remaining Bullish / Stock-Markets / Stock Markets 2013
Though most of the world's stock indexes have been trading flat over the last 12 months, the S&P 500 has continued to advance with little more than a minor pullback. The rationale for this bullish tone maybe questioned, but there is no denying the fact that the U.S. index is still in a strong bullish trend.
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Saturday, August 17, 2013
Signs of the Stocks Bull Market Top, Ringing Bear Market Bell / Stock-Markets / Stocks Bear Market
The investment media seems obsessed with the question of whether the Fed will taper. The real question should be not about "tapering" but about credibility. What happens when fundamentals become the narrative as opposed to what the central bank is doing? What happens if the Federal Reserve throws a liquidity party and nobody comes? Today we look at some of the fundamentals. The market is in fact overvalued, but that doesn't mean it can't become more overvalued. Is this August 1987 or August 1999?
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Friday, August 16, 2013
Economic and Financial Markets Climacterics Coming – Prepare! / Stock-Markets / Financial Markets 2013
“The whole concept of creating money without toil or risk is an integral province of the Federal Reserve. I believe that one way or another, the Federal Reserve and all it stands for will be eliminated. The process by which this will occur worries me. I believe it will take a huge disruption of our current economic system in order to eliminate the Federal Reserve and its immoral process of money being created out of a computer and thin air.
“The process of creating money from “nothing” makes a mockery of real work of all kinds. Thus, by inference, I am calling the Federal Reserve an evil institution. The more so, since it denigrates gold, which is, and has always been, true wealth, wrung out of the earth through man’s sweat and toil and risk.”
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Friday, August 16, 2013
Will S&P 1,650 Offer Stock Market Buying Support? / Stock-Markets / Stock Markets 2013
In my most recent article, I discussed how I was expecting U.S. financial markets to reverse to the downside in the near future. I illustrated the various divergences in a variety of underlying technical indicators which have issued warnings in the past.
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Friday, August 16, 2013
Why the Dow Fell 225 Points / Stock-Markets / Stock Markets 2013
Diane Alter writes: The stock market today killed the idea of "turnaround Thursdays"...
The Dow fell 225.39 points Thursday, one day after the benchmark fell 113 points, its first triple-digit decline since June 28. With Thursday's drop, the Dow hit its first back-to-back triple-digit decline since June 19-20, when it plummeted nearly 560 points over the two days.
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Friday, August 16, 2013
The Only Market Crash Talk Worth Trading / Stock-Markets / Financial Crash
Keith Fitz-Gerald writes: You've no doubt heard the "crash talk" intensifying after two triple-digit down days. But after reviewing more than 100 commentaries, there are exactly two and a half I take seriously.
The one we'll start with can not only help you now - as in today. It can also give you a permanent edge, because most people will never know how it works.
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Friday, August 16, 2013
How the Chinese Economy Debt Bubble Will Impact Your Investments (and it Will) / Stock-Markets / China Economy
Sasha Cekerevac writes: I've always been a fan of long-term investing, as it allows big picture thinking to be more important than short-term gyrations. One of my concerns when it comes to developing a long-term investing portfolio is the Chinese economy.
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Thursday, August 15, 2013
Stock Market Bloodbath Coming? / Stock-Markets / Stock Markets 2013
Just letting you know that the SPX may be nearing the top of its bounce. I fully expect to see the market “let go” by noon today, trapping the majority of hedge funds massively leveraged long. Notice there are no supports beneath the 50-day.
In fact, the next supports are at 1548.00 (the 200-day moving average) and 1565.00 (daily mid-Cycle support). This could trigger the next Broadening Wedge formation at 1585.00 with a target of 1260.00.
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Thursday, August 15, 2013
When Stock Market Synchronicities Collide - Red Alert? / Stock-Markets / Stock Markets 2013
Patricia Chew writes:Let’s start with “The October Effect”; it is the theory that stocks tend to decline during the month of October. Obviously it doesn’t happen every October so the theory doesn’t stack up against the statistics and, mainstream investment analysts consider it to be a psychological event rather than an actual phenomenon.
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Wednesday, August 14, 2013
Rampant Stock Market Manipulation / Stock-Markets / Stock Markets 2013
We're right on that line again.
1,688 on the S&P is a 1.25% retrace off the top and, failing to hold that, we're looking at another 1.25% drop to 1,667 and below that, we're back at 1,645, 1,622 and back to 1,600, which is our Must Hold line for this bull run to sustain itself.
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Wednesday, August 14, 2013
Investors, Why There’s Still Old-Fashioned Treasure Out There / Stock-Markets / Investing 2013
By Louis James, Chief Metals & Mining Investment Strategist
I've always wondered why we tend to glorify pirates and treasure hunters: the Indiana Joneses, the Jack Sparrows, the Long John Silvers. I think it's because most people, while it may not be reflected in their daily lives, are adventurers at heart.