Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Wednesday, May 01, 2013
SPX to Join GOLD in Market Panic Cycle? / Stock-Markets / Financial Crash
After much deliberation and calculations I have concluded that the blue Master Cycle (starting June 4, 2012) concluded on February 26. This is what I call a “sleeper cycle.” The reason that it passed my attention was that the VIX hit a 7-year low on March 14. As a result, the volatility/velocity wasn’t enough to punch below the 50-day moving average as we had in November. The same thing happened in the summer of 2006. The result was that virtually every cycles analyst missed the 4-year low on June 12, 2006.
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Tuesday, April 30, 2013
What The Rising Australian Stock Market Could Mean For The AUD/USD / Stock-Markets / Austrailia
Decided to look at the Australian stock market today: there's a pretty strong impulsive rally that should move even higher, as we need five waves from early April low. Are you wondering how this will impact the AUDUSD? We suspect that if investors will keep their money in shares; which is expected based on the price action, then there will be no demand for cash (AUD) which may keep the AUD/USD below resistance.
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Tuesday, April 30, 2013
Stock Market Trying For The Old Highs...Not Quite...A Whisker Away / Stock-Markets / Stock Markets 2013
Did we top out today? We basically made a double top at 1597 with a print of 1596 today. That's a double top if ever I saw one. It would be a natural thought to think that it's all over now for the market. It's possible that it was a double top and down we go from here, or we could just as easily hang in there quite well ahead of that massively important ISM Manufacturing Report headed this was early Wednesday, just thirty minutes into the trading day. It would make sense for the market to be more-quiet-than-not tomorrow as it decides what to do based on that very report. No one knows what it will be, but if it repeats last month performance, we're in trouble as the economy took a bad nose dive with the reading falling from near 55.0 down to the 51's. Another move like that and we're in recession. Will the number be able to reverse back up?
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Monday, April 29, 2013
Free Access to Bob Prechters Latest Elliott Wave Theorist / Stock-Markets / Financial Markets 2013
Greetings,
On Tuesday afternoon (April 23), Robert Prechter, a famed market technician known for calling the roaring bull market of the '80s, the 1987 crash and the March 2009 stock market low, published an urgent new issue of his Elliott Wave Theorist.
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Monday, April 29, 2013
Time to Jump On or Fall Off the Stock Market Bandwagon? / Stock-Markets / Stock Markets 2013
Mitchell Clark writes: If corporate earnings are coming in as expected and first-quarter revenues are light, the one thing that is very noticeable is the continuing improvement in balance sheets.
Cash and cash equivalents continue to see increases, and shareholders’ equity is going up. The result of all this continues to be corporations becoming highly reticent to invest in new operations.
Monday, April 29, 2013
How to Protect Your Portfolio from Inflation Without Gold / Stock-Markets / Inflation
Moe Zulfiqar writes: Inflation is when the general price level increases. As a result, purchasing power diminishes; simply stated, every dollar buys less than it did before. Central banks around the world, including the Federal Reserve, continuously try to tame inflation so that it doesn’t get out of control, usually targeting for an inflation rate of anywhere from one to three percent.
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Sunday, April 28, 2013
Stock Market Rally on Steriods (Except for China) / Stock-Markets / Stock Markets 2013
Courtesy of Doug Short: The worldwide rally continued last week. Seven of the eight indexes on my watchlist posted big gains. The lone loser was the Shanghai Composite, down three percent (2.97% to be precise). How well did the other indexes perform? Well, the average of the seven winners was a three percent increase (2.99% at two decimal places). Germany’s DAXK was the top finisher, up 4.5%. France’s CAC 40 and Japan’s Nikkei also finished with gains of more than four percent. The S&P 500′s 1.74% gain was only good enough for sixth place. That was quite a week, thanks to hopes of more central bank intervention.
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Saturday, April 27, 2013
Matt Taibbi: Everything Is Rigged - The Biggest Price-Fixing Scandal Ever / Stock-Markets / Market Manipulation
“The worst crimes were dared by a few, willed by more, and tolerated by all.”
Tacitus
There are more scandals to come. Wall Street is now a pathological environment, and the City of London is as bad or worse.
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Saturday, April 27, 2013
Why Next Week’s Economic Data Is The Most Critical in Months! / Stock-Markets / Financial Markets 2013
The market has been engaged in a balancing act for six weeks now between being made optimistic by 1st quarter earnings that are mostly beating Wall Street’s estimates, and concerns about 1st quarter economic reports that are consistently worse than forecasts and indicate the economic recovery is stumbling again.As a result, while the market gets high marks for its resilience and ability to shrug off the negative economic reports, it has also made almost no further progress over the last six weeks. The Dow closed yesterday (Thursday) just 1.1% higher than six weeks ago on March 14. The broad NYSE Composite closed Thursday just 0.7% higher than on March 14. Even the usually more volatile Nasdaq closed at 3,258 on March 14 and just 0.9% higher on Thursday. Meanwhile, the DJ Transportation Average and Russell 2000 are 3% and 2% below their levels of six weeks ago.
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Friday, April 26, 2013
Warning Stocks, Bonds, Gold Major Shift in Asset Class Trends / Stock-Markets / Financial Markets 2013
The latest warning sign on US equities came from the recent issue of Barron’s. A recent survey of big money managers showed extreme bullish sentiment. 86% polled were bullish on stocks over the next six to 12 months while only 7% were pessimistic. Meanwhile only 11% were bullish on bonds. The cover of Barron’s emphasized the view of the participants with its title “Dow 16,000” and picture of a bull, leaping away from a bear. In regards to Gold and commodities, 50% were bullish on commodities with 35% bullish on Gold.
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Friday, April 26, 2013
How to Play the Disconnect Breakout Dow Industrials and Transportation Stocks Breakout / Stock-Markets / Stock Markets 2013
Mitchell Clark writes: The Dow Jones Transportation Average experienced a powerful breakout this past December. And it’s been a stealth rally ever since, with an expansion in valuations, not earnings.
The stock market’s strongest sector over the past few months has been transportation stocks, which have been much stronger than technology stocks or the S&P 500 companies. Even though it doesn’t seem real, leadership in the Dow Jones Transportation Average is a classic stock market sign.
Friday, April 26, 2013
What Happens When Stock Market Liquidity Disappears? / Stock-Markets / Stock Markets 2013
ZeroHedge reports on the 4th Qtr. GDP release, “Less than an hour ago we speculated that "it wouldn't be surprising for GDP to come substantially weaker than expected, only to be revised higher (or lower) subsequently." Sure enough, we have gotten at least the first part right for now, with the advance Q1 GDP number printing a very disappointing 2.5%, on expectations of a 3.0% increase, up from 0.4% in Q4, and the biggest miss since Q3 2011. The reason for the big miss: Inventory and Fixed Investment came well below expectations, comprising 1.03% (of which autos represented 0.24%) and 0.53% of the 2.5% annualized increase GDP. Kiss the great CapEx investment story goodbye.”
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Friday, April 26, 2013
Which Market Bubble is Larger - Stocks or U.S. Treasury Bonds / Stock-Markets / Liquidity Bubble
Today we have a plethora of companies reporting earnings and are moving through the 1st Quarter earnings season at a rapid pace. Thus far, earnings have been far from exciting and have made the previous 2013 forward earnings estimates laughable.
The only way we get to the proposed valuations is through multiple expansion which is simply going to require the Federal Reserve to continue to pump $85 billion into Treasury’s and MBS securities each month. I am confident they will comply.
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Friday, April 26, 2013
Barrons Turns Bullish, TIme to Cash in Your Stock Market Chips? / Stock-Markets / Stock Markets 2013
We don't like the looks of it...
Advisors are too bullish. Investors are too complacent. The financial authorities are too confident.
All up and down Wall Street... in central banks and in Washington... the stuff that goeth before the fall is thick, sticky and stinky.
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Friday, April 26, 2013
Stock Market Reaches Correction Apex, Gold Panic About to Begin / Stock-Markets / Financial Crash
It now appears that SPX has reached the apex of its corrective wave and may have started down shortly after 2:00 pm eastern time. I went to a Rotary lunch today and several members mentioned that they bought more stock, indicative of the sentiment of the day.
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Thursday, April 25, 2013
Stock Market to Follow Gold's Example? / Stock-Markets / Stock Markets 2013
The markets rallied hard yesterday, thanks to promises of more from Europe. However, the global economy is once again contracting with the bad data coming out of both China and Germany: two of the biggest exporters in the world.
With that in mind, the S&P 500 looks as though its initial jump to the upside from its rising wedge pattern could have been a false breakout: a move was not sustained. These developments are usually followed by VIOLENT swings in the opposite direction.
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Thursday, April 25, 2013
Bubblemania And The Market Crash / Stock-Markets / Financial Crash
FINANCIAL EUPHORIA
Stock markets are at all-time record highs, yet the real economy is anemic as is clearly shown by constantly "unexpected" or "disappointing" GDP growth figures in almost all countries. As we know, one major fetish cant-lose asset bubble, after another, will suddenly weaken and collapse but the equity markets confortingly roar on and up, unperturbed. Looking at the cant-lose asset bubbles since year 2000, we have had the Internet dot com bubble, real estate in a string of countries and arguably a major cause of the 2008 crash, the uranium bubble of 2005-2007, oil prices in 2004-2008, the green energy and cleantech bubble of 2007-2012, gold price growth for nearly 11 years, the ongoing Bitcoin craze, and other cant-lose assets whose prices "could only grow". Until they wilted or even collapsed.
Wednesday, April 24, 2013
Stock Market Crash Alert / Stock-Markets / Financial Crash
Ben Gersten writes: If you're contrarian, then Barron's latest "Big Money" poll and its magazine cover just gave you reasons to be on the lookout for a stock market crash.
The semiannual poll of professional investors found that 74% of money managers are bullish or very bullish about the prospects for U.S. stocks - an all-time high for Big Money, going back more than 20 years.
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Tuesday, April 23, 2013
S&P 500 Showing a Top Formation At 1597 / Stock-Markets / Stock Markets 2013
The S&P500 fell sharply last week from 1597, finding support around 1536 from where we have seen 20 point rally on Friday. Notice that market reversed from swing lows made in early April that caused a recovery towards the 1565/1575 Fibonacci resistance area. We believe that this pull-back represents a wave 2/B, as we labeled a decline from 1597 as a leading diagonal in wave 1/A.
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Tuesday, April 23, 2013
There is No Such Thing as a "Safe" Big Bank / Stock-Markets / Credit Crisis 2013
Shah Gilani writes: Thank goodness we have the FDIC and the Federal Reserve and Congressmen and women.
Thank goodness they're willing to tap the captive citizenry for as much cash as they need to back the Fed and the FDIC to safeguard our big, beautiful banks from... themselves.
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