Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Tuesday, August 06, 2013
Stock Market Reversal! / Stock-Markets / Stock Markets 2013
Today is day 258 in the VIX Master Cycle which started on November 21, five days after the SPX Master Cycle low on November 16. Since the November low, we saw a 75-month low on March 15, Marking s Super Cycle Wave (b) low. Since then, the pattern has been confusing, overlapping and somewhat irregular, leaning me in the direction of labeling it as corrective and leaving the door open for a possible lower low in the July-August time frame. Thankfully, this hasn’t happened. Instead, the VIX presents us with an expanding Leading Diagonal, an overlapping, irregular, but impulsive Intermediate Wave [1] which peaked on June 24. Intermediate Wave [2] shows an impulsive Wave (A) and an Ending Diagonal Wave (C).
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Tuesday, August 06, 2013
How to Follow the Money / Stock-Markets / Investing 2013
Too often investors get caught up in their political allegiance or parties, focus on the negative and lose confidence in stocks. As a result, they can miss great bull markets. I believe when it comes to finding investment opportunities, it’s not about the political party, it’s about the policies, both monetary and fiscal.
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Tuesday, August 06, 2013
Stock Market S&P 500 Index Plagued with Divergences / Stock-Markets / Stock Markets 2013
By now everyone has a prediction about where the S&P 500 Index (SPX) is going to be heading in the future. Most of the sell side and their ilk are all rolling out the green bullish carpet and predicting that a major bull run is right around the corner.
I am a contrarian investor by nature and I tend to sell when others are buying. When retail investors are buying and the professional sell-side is quickly reducing their long equity exposure I get increasingly more bearish. A recent report from Zerohedge shown here, was accompanied by the charts shown below courtesy of Bank of America Merrill Lynch:
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Tuesday, August 06, 2013
Can Stock Market S&P500 Index Reach 1750, Or Even 1800? / Stock-Markets / Stock Markets 2013
S&P500 reversed sharply to the upside from 1550 support, clearly in impulsive fashion. As such, we labeled end of a corrective blue wave (4) at latest swing low from where we are now tracking a new bullish leg on stocks, this time towards 1750 or possibly even to 1800 region in coming weeks for fifth wave in III.
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Tuesday, August 06, 2013
Be Very Afraid Of The Stock Market, Amongst Other Things... / Stock-Markets / Stock Markets 2013
We live in the Land Of Oz where the Wizard is in total control, and just as in the story of Oz, the Wizard behind the corporate federal government is just as hollow. The problem is twofold. 1. Most do not know they live as a fictional entity, [14th Amendment "citizens"], within a fictional government. All corporations are fictional entities, created by the State, and that, ironically enough, includes the State, at every level. 2. If 1. is somewhat on the radar of knowledge, those who reach level 2 still do not know that the Wizard is a phony, all-powerful, but in essence, powerless if people would only wake up.
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Tuesday, August 06, 2013
Bifurcated Stock Market, Still No Topping Action..... / Stock-Markets / Stock Markets 2013
Sometimes you have to recognize that there's not much to add or say when doing this report. The reality is that things just aren't changing very much. The market is refusing at this time to throw a classic topping stick in our direction. We are so overbought with the potential for negative divergences on many time frames, thus, the market is truly at extreme risk for a very intense and sudden breakdown for a period of time. Only one problem. Again, there’s no topping stick and or massive gap down to set the top. It will come and probably not far out in to the distant future, but if you're a bear, you don't want to get aggressive too soon as that strategy has caused nothing but heartache for quite some time now.
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Monday, August 05, 2013
Stock Market Decline May Come With Warning / Stock-Markets / Stock Markets 2013
The SPX is in day 42 of its Trading Cycle beginning at the June 24
low. Instead of 45 days from low-to-low, it appears that this cycle may be more like 60 days in duration. That gives us an approximate 17 calendar day decline from today/tomorrow, should the high come in on the next two days. The alternate probability takes us to Thursday, Aug 8 as the high, with the subsequent decline following.
Monday, August 05, 2013
Detroit and Social Credit, Stocks Contnuing Technical Strength / Stock-Markets / Financial Markets 2013
In 2009 I wrote an essay on Social Credit which for some reason has become one of the most popular articles I have ever penned. This, I reckon, is not because it is a particularly “exceptional” essay but due, in part, to timing. Interest in this “economic concept” has recently gone “viral”.
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Monday, August 05, 2013
Why You have to Be Invested in the Stock Market Right Now / Stock-Markets / Stock Markets 2013
Our friend and frequent Money Morningcontributor Frank Holmes put together a chart of S&P 500 gains that you have to see.
The index closed July with a monthly gain of 4.9%. This is the 14th month since 2009 that the S&P 500 has gained at least 4%.
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Monday, August 05, 2013
Time for Caution, Stock Market Intermediate Top Within Days / 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 continues to progress according to its structure. After a brief consolidation, the bull market has resumed its uptrend and has already created new highs in the leading indices.
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Sunday, August 04, 2013
US Stock Markets Reach a Cross Road, Time to Start Looking for a Top / Stock-Markets / Stock Markets 2013
I have been targeting a move into the 1700SPX for a while, to the dismay of the bears, the bulls finally stuck a nail in the coffin of the bears, no matter how many times the bears keep getting run over they just seem to enjoy picking tops and loosing $$, it seems the bears just don't learn their lesson. I wonder if these perma-bears that keep picking tops have any $$$ left.
There is time to be bullish and time to be bearish; Elliott Wave helps us in that regard, if Elliott Wave is used correctly. Fortunately for us, we use it well enough that it is a tool for us, not a hindrance.
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Sunday, August 04, 2013
Can the Stock Market Get Any Better Than This? Korean Black Swan? / Stock-Markets / Stock Markets 2013
What in the world is going on?! As I write this letter from the Maine woods, the S&P 500 has just cleared 1,700 for the first time. The German DAX continues to set all-time highs above 8,400. The United Kingdom’s FTSE 100 is quickly approaching its 1999 record high of 6,930, and its mid-cap cousin, the FTSE 250, just broke through to its all-time level above 15,000. And last but not least, Japan’s Nikkei 225 is extending its gains once more, toward 14,500. This weekend I am sitting around with some of the smartest economic and trading minds in the country. At Leen's Lodge, where we're fishing and eating where our phones don’t work, the question on our minds is, how long can this run go on? The debates can get intense in a room full of strong opinions.
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Sunday, August 04, 2013
The Trader Stock Index Games Are Ending / Stock-Markets / Stock Markets 2013
Traders shot for and managed to hit 1,700 on the S&P 500. At this point, there is no real reason for this other than trader games (start of the month buying).
The rising wedge pattern we’ve been tracking is essentially complete. This final jump in the S&P 500 has been a bounce from the upper trendline. But by the look of things, this is likely the final push.
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Saturday, August 03, 2013
Another Stock Market New All Time High / Stock-Markets / Stock Markets 2013
Courtesy of Doug Short: Friday's Nonfarm Payrolls for July came in a bit lighter than forecast, but the unemployment rate dropped from 7.6% to 7.4%. The devil, of course, is in the details. The market scratched its head over the report, as well as the BEA’s Personal Income and Outlays for June, which had the additional complexity of major historical revisions. Buried in the data was the fact the Real Disposable Personal Income Per-Capita is down 0.11% year-over-year.
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Saturday, August 03, 2013
Stock Market Bull Pullback.... Market Hanging Tough..... / Stock-Markets / Stock Markets 2013
The market has spent a lot of time trying to get back over 1700, and finally made the move, albeit barely, yesterday. It wasn't forceful by any means, nor was it followed today by anything to get excited about. Most of that caused by the Jobs Report this morning pre-market, but more on that later. The news was poor economically this morning which caused a gap down that did back test the breakout at 1700. The bulls fought hard and were able to save the S&P 500 from falling below the entire day. Not bad when you consider the bad news on jobs, but the problem still remains that we weren't able to pull away from 1700 to give the bulls a sense of safety for at least the short-term if not longer.
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Saturday, August 03, 2013
Massive Stock Market Wave B Top Appears Complete / Stock-Markets / Stock Markets 2013
It might be good to look at the big picture, since we are very close to the high in what may be the all-time largest correction in history. It’s been a difficult process to sort out the waves, since the pattern is somewhat irregular and sloppy. Here are the highlights of the analysis:
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Friday, August 02, 2013
Stock Market Trend Forecast / Stock-Markets / Stock Markets 2013
We have continued to correctly project the wave patterns for months now at TMTF for our subscribers in the SP 500 Index. Our latest views were to look for a minor wave 3 top at 1698 with a pullback minor wave 4. We hit that on the nose with a 23.6% fibonacci retracement of minor wave 3 as we hit 1676.
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Friday, August 02, 2013
Can the S&P 500 Stock Market Index Continue Rising? / Stock-Markets / Stock Markets 2013
Sasha Cekerevac writes: With the S&P 500 at all-time highs, market sentiment clearly is in the bullish camp; this must mean that all of our problems are solved and the future is bright for everyone—
Hold on a minute: if this were true, why would consumer confidence regarding the future decrease?
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Friday, August 02, 2013
Trend Changes in Financial Markets: 7 Key Market Calls / Stock-Markets / Elliott Wave Theory
Elliott Wave International is dedicated to helping subscribers anticipate the next major market turn. No, we don't always "get it right" - yet the examples below speak for themselves.
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Friday, August 02, 2013
Stock Market Valuation Very Expensive! / Stock-Markets / Stock Market Valuations
Courtesy of Doug Short: Here is a summary of the four market valuation indicators I usually update during the first days of the month. The four indicators are:
● The Crestmont Research P/E Ratio (more)
● The cyclical P/E ratio using the trailing10-year earnings as the divisor
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