Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Monday, March 11, 2013
Investor Warning: Job Creation Data Fuelled by Cheap Money / Stock-Markets / Financial Markets 2013
Sasha Cekerevac writes: The latest monthly employment data had a positive headline; a stronger than expected job creation number. However, looking at the core information, there remain significant concerns regarding the U.S. economic recovery and job creation specifically.
For February, job creation for non-farm related payrolls totaled 236,000. This number was far higher than expected, giving a boost to the stock market. (Source: “Employment situation summary,” Bureau of Labor Statistics, March 8, 2013, accessed March 8, 2013.)
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Monday, March 11, 2013
Why Your Financial Future Will Be Built Upon the Chinese Yuan / Stock-Markets / China Currency Yuan
Keith Fitz-Gerald writes: If you have any illusions, put them aside now. It's the Yuan's world - the West is just living in it, or borrowing from it as the case may be.
Demand for the Yuan is growing at such a staggering rate that your financial future will be built upon it.
Admittedly, this is a very tough concept for most people to wrap their minds around. It's tough to lose "your" spot at the top and it's even tougher to know you're losing it and not be able to do anything about it because the leaders who are responsible for maintaining that position don't understand the end game.
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Sunday, March 10, 2013
Stock Market Final Push into Rally Top / Stock-Markets / Stock Markets 2013
Current position of the market
SPX: Very Long-term trend – The very-long-term cycles are down and, if they make their lows when expected (after this bull market is over) there will be another steep and prolonged decline into late 2014. However, the severe correction of 2007-2009 may have curtailed the full downward pressure potential of the 120-yr cycle.
Intermediate trend – The uptrend from 1343 may have a little farther to go before topping.
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Saturday, March 09, 2013
An Investor's Guide to X-treme Monetary and Fiscal Conditions / Stock-Markets / Financial Markets 2013
I landed in Buenos Aires early this morning and have a day layover before heading off to Cafayate; but it is time to send you this weekend’s Outside the Box, and what a wonderful, powerful piece it is. I read John Hussman’s latest on the way down and had to review it several times. There is just so much meat here. And more than his usual quota of those wonderful graphs he comes up with. Did you know there is a 94% correlation between the price of beer in Iceland and the S&P 500? This is a teaching moment we must heed!
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Saturday, March 09, 2013
Stock Market Uptrend Nearing High / Stock-Markets / Stock Markets 2013
Just when the negatives started to build the US market ignored it all and continued the uptrend. The SPX made a new bull market high, and the DOW, the DOW made a new all time high. This was quite amazing, as at the time 70% of the world’s indices were in downtrends. For the week the SPX/DOW gained 2.20%, and the NDX/NAZ gained 2.25%. Asian markets gained 2.3%, European markets gained 2.5%, and the DJ World index gained 1.8%. On the economic front positive reports continued to outpace negative reports. On the uptick: ISM services, the ADP index, consumer credit, the payrolls report, wholesales inventories, the monetary base, long term investor sentiment, and both the weekly jobless claims and the unemployment rate improved. On the downtick: factory orders, the trade deficit and the WLEI. Next week, options expiration week, we get retail sales, industrial production, and the CPI/PPI. Best to your week!
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Saturday, March 09, 2013
Stock Market's Flat, Having Entered Period of Confluence / Stock-Markets / Stock Markets 2013
For the week ending March 8, 2013, the SPX was up 2.2%, the Russell small caps were up 3.0% and the COMP was up 2.4%.
All indices which had triggered short last week, were stopped out on Tuesday after stops were violated. The model has now entered a period of confluence with no trend yet determined. On an intermediate term basis, the trend remains up as the model triggered a long swing trade on Tuesday but this is viewed purely as a trade, not the start of a new trend. Only until support is tested and held would a long signal be triggered. Failure to hold support will then set up a test of short trigger levels.
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Saturday, March 09, 2013
No Stock Sellers...Jobs Report Strong..... Market Overbought....... / Stock-Markets / Stock Markets 2013
Once again, the market could find no sellers. The masses were thinking to sell the Jobs Report if it were good. Who can blame them since the market is so overbought. They were right. It sold. However, once it sold off some from the early morning highs, it was bought up once again. Not to the levels of the early day highs, but no real selling one would think likely after a strong early day pullback and still at overbought.
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Saturday, March 09, 2013
Be Ready the Next Time Institutional Stock Market Investors Do This... / Stock-Markets / Stock Markets 2013
Institutional Investor Accumulation/Distribution Levels
Below are the Institutional Investor levels and trending for Accumulation/Distribution since last November.
The chart show's short term good news and medium term bad news. How so?
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Friday, March 08, 2013
A "New Chapter" for Turkey Emerging Markets? / Stock-Markets / Emerging Markets
Frank Holmes writes: In 2012, Turkey was the best performer among the emerging markets we track on our Periodic Table showing a decade of returns. All developing countries rose last year, but stocks in Turkey climbed an astounding 56 percent.
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Thursday, March 07, 2013
Stocks At New All Time Highs… But We’re All Poorer For It! / Stock-Markets / Stock Markets 2013
Stocks hit a new high in the Dow yesterday. CNBC cheered and Fed economists everywhere patted each other on the back.
The unfortunate reality for this “success” is that it only works in nominal terms. A DOW at 14,296 vs. a DOW at 13,000 only means something if the rise in price occurs against low inflation. If inflation was 10% during the time period that this rise occurred, then you’ve not generated any actual wealth. At best you’ve maintained your purchasing power.
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Thursday, March 07, 2013
Gold, The Dow, Dollar And Deflation / Stock-Markets / Financial Markets 2013
IS GOLD POISED TO REGAIN LOST GROUND?
It is relatively easy to summarize the current global macro scene: private banks are recapitalizing using very low cost funds from central banks, which go on Quantitatively Easing but less so than previous. Interest rates are either not continuing to fall, or are slowly rising. Consumers and business borrowers are deleveraging, trying to pay down debt or not incurring new debt. Unemployment rates are massive in most OECD countries. Several major industries, from cellphones and carmakers to the construction sector face problems of market saturation, slow demand growth and declining prices. Despite a quick glance at the following table (below) from Gold Core possibly supporting the argument that gold price depreciation in dollar terms is overdone and that fiat money depreciation, devaluation or debasement "can only" make gold prices grow - Gold Core suggests price "highs over $2400 oz in coming months" - an alternate reading of the global macro picture says this is very unlikely.
Thursday, March 07, 2013
What Does Dow New Record High Say About U.S. Economy / Stock-Markets / Stock Markets 2013
Jeff Uscher writes: Equity market cheerleaders got very excited about the Dow Jones Industrial Average hitting a new record high yesterday (Tuesday).
The Dow closed at 14,253.77, topping its previous record close of 14,164.53 on Oct. 9, 2007.
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Thursday, March 07, 2013
Is China the Biggest Bubble in Human History? / Stock-Markets / Liquidity Bubble
Dow up 125 points yesterday, to a new all-time record.
Why? What's behind it? The economy is not so hot. Why the red-hot stock market?
China is back in the news. A new report from CBS's "60 Minutes" documents the extent of the ghost cities in China – miles and miles of empty highway, office towers, apartments and malls. Analysts are talking about the biggest real estate bubble in history!
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Thursday, March 07, 2013
Gold Pivot Points and the Dow's Future / Stock-Markets / Financial Markets 2013
The Dow reached an all-time high of 14,253 on Tuesday and naturally, the financial press drew lots of attention to this fact. Conspicuously absent from the media attention, however, was a complete lack of enthusiasm. The perma-bull cheering section was eerily quiet as widespread apathy was evident. This continues a trend of muted investor psychology which, from a contrarian standpoint, is refreshing given how far the market has come since November.
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Thursday, March 07, 2013
Stock Market Inching Higher on Dull Volume / Stock-Markets / Stock Markets 2013
Courtesy of Doug Short. Today was another day with little economic news other than the 8:30 AM ADP private jobs report that surprised to the upside with an estimate of 198K new jobs. The S&P 500 rallied at the open and hit its intraday high less than 30 minutes later, up 0.35%. It reversed directions in a fairly narrow channel to its intraday low, off 0.11%, shortly after 12:00. An afternoon rally lost steam at a level just below the morning high. In the final hour of trading the index essentially bounced off its opening price 15 minutes before the close, rising to a 0.11% gain for the day … fractional, but still a new interim high.
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Wednesday, March 06, 2013
First Record Dow High, Then Record Gas And Grocery Prices / Stock-Markets / Inflation
Gary Gibson writes: Ben Bernanke must have been smirking and nodding smugly all day yesterday. The Dow hit an all-time high at 14,286 and closed at 14,253.77. What's even more impressive is that this is double where the Dow stood just four years ago. And it only took five and a half years and previously unmatched amounts of new money creation to do it.
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Wednesday, March 06, 2013
Stock Market Final Spike Top? / Stock-Markets / Financial Markets 2013
SPX is preparing for what may be its final probe at the Broadening Top trendline before a reversal today. At the moment,, the top appears to be near 1547.00. If the top comes in the first hour, it may be shorter. Later in the day, a bit higher.
Today is day 275 in the aging Master Cycle. The Master Cycle low may come rather quickly. There is only 1 nest of 37,000 SPX put contracts at 1450.00, so there may be little fear of a decline into options week.
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Wednesday, March 06, 2013
Stock Market Final Stages of Rally Wave Pattern / Stock-Markets / Stock Markets 2013
Over at our TheMarketTrendForecast.com service we have been projecting a potential rally pivot at 1552-1576 for many weeks now. The recent drop to 1485 although harrowing, was a normal fibonacci re-tracement of the last major rally leg to 1531 pivot highs. We believe that this 5 wave advance 1343 pivot lows is nearing an end based on mathematics and relationships to prior waves 1-3.
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Wednesday, March 06, 2013
Dow Stock Market New All Time High, Exponential Inflation and Multiple Technological Revolutions / Stock-Markets / Stocks Bull Market
The stock market has continued to confound the academic proponents of the the debt deflation mantra who have in perfect perma bear style been banging their heads continuously against a four year stealth bull market that has marched all the way to an new NEW All Time Closing High of DJIA 14,253.77. Read full article... Read full article...
Tuesday, March 05, 2013
This "Rocket Fuel" Will Send Stocks Higher Than Anyone Believes / Stock-Markets / Stock Markets 2013
Dr. Steve Sjuggerud writes: As of this year, we've been handed the playbook...
We know the plays. We know what the other team is going to do. And we know how they're going to do it – almost exactly.
As I showed you yesterday, when interest rates are low, stocks tend to increase in value. Based on history, with interest rates this low, stocks have room to climb nearly 100% from today's levels.