Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Tuesday, November 06, 2012
Obama Election Victory Allows 4-Year Stock Market Rally to Continue / Stock-Markets / Stock Markets 2012
4 more years!
That's right, it's over. Actually, was it ever really a race or was the "close" election nothing but a fantasy engineered by the MSM to keep people interested in their election coverage? The more I read and the more I talk to people – Romney doesn't stand a chance. I'm in Las Vegas this week for our PSW Conference and most of the conversations I have with people about Romney is "who the hell is voting for him?" We're being told he's a viable candidate but maybe that's only because his team buys all the media time.
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Tuesday, November 06, 2012
Stock Market The Day Before.... / Stock-Markets / Stock Markets 2012
Election day is tomorrow and it will get very interesting around here really soon. How the market will react is a complete unknown, although my guess is it will fall if Romney wins simply because he will let Bernanke go, and he will usher in the age of no more free money. The market will almost certainly hate that to happen. Romney will represent an era of taking the medicine. Markets prefer a free ride forever, regardless of the consequences that come from such behavior. If Obama wins the market will probably celebrate some initially simply because the free ride will stay around. In time the truth will catch up, but that can be many years away. There's still absolutely no sign of a bear market anywhere to be found, even though it may feel like it.
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Tuesday, November 06, 2012
Stock Market Wimpy Election Indecision Precedes a Modest Closing Gain / Stock-Markets / Stock Markets 2012
Courtesy of Doug Short writes: The day before the presidential election saw little conviction in the stock market. The S&P 500 opened lower and hit its intraday low shortly after 10 AM. It rallied for an hour into a fractional positive range, reversed direction until near the end of the lunch hour and then mounted a modest rally, with some indecision near the end, to close with a modest gain of 0.22%. The thin volume speaks to the lack of conviction.
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Monday, November 05, 2012
Stock Market Uncertainty – Waiting to See Who Runs America / Stock-Markets / Stock Markets 2012
Today doesn't matter.
Tomorrow won't matter either. Nothing will matter much, trading-wise, until we know what direction the US will be taking for the next 4 years. Not only do we not usually get such a stark contrast in political viewpoints to vote for but also this is such a critical (and precarious) time for our economy so it's not all that surprising that we've had some wild gyrations leading up to this event.
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Monday, November 05, 2012
Bad Prospects for Extension of Stock Market Rally / Stock-Markets / Stock Markets 2012
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. It is probable, however, that the steep correction of 2007-2009 will have curtailed the full downward pressure potential of the 120-yr cycle.
SPX: Intermediate trend - SPX has made a triple top, which is a bearish pattern. It has now given a strong indication that an intermediate correction is underway.
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Monday, November 05, 2012
Did Hurricane Sandy Cause $36.5 Trillion In Damage? Flooded Bank Vaults / Stock-Markets / Financial Markets 2012
First of all: the answer to the title question is, as far as I can see: no. But it's almost certainly a whole lot more than the $50 billion reported today, and that $36.5 trillion amount doesn’t come from thin air; it appears in a number of news articles about Sandy. All in all, the story raises a few more questions, allows you to play with a bunch of numbers, and leaves you puzzled, amazed and at times easily bewildered.
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Sunday, November 04, 2012
Stock Market Downtrend May be Bottoming / Stock-Markets / Stock Markets 2012
The US trading week began on pause, as exchanges were closed ahead of the expected Hurricane Sandy. Weather forecasters probably saved thousands of lives as they correctly anticipated the westward turn of Superstorm Sandy into the east coast. Kudos to them! As a result of the storm the NYSE was closed for four straight days, for the first time since the Blizzard of 1888. After a quiet opening on wednesday, the market surged on thursday (the first day of the month), and then gave it all back on friday. For the week the SPX/DOW were mixed, and the NDX/NAZ were -0.3%. Asian markets gained 0.8%, European markets gained 0.5%, and the DJ World index rose 0.6%. On the economic front positive reports outnumbered negative reports 13 to 3. On the downtick: the monetary base, the WLEI and the unemployment rate rose. On the uptick: personal income/spending, PCE prices, ISM manufacturing, Case-Shiller, the Chicago PMI, the ADP index, construction spending, auto sales, the monthly payrolls report, consumer confidence, factory orders, and weekly jobless claims declined. Next week we will get reports on ISM services, Consumer sentiment and Consumer credit.
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Sunday, November 04, 2012
U.S. Presidential Election Cycle and the Stock and Bond Market Trends / Stock-Markets / Financial Markets 2012
It is that time in the presidential cycle that gets everyone emotional and concerned with the future outlook of the United States. While everyone has their opinion on whom they think is best for America, I promised myself a long time ago to keep my thoughts to myself for two key reasons. ONE: only 50% of Americans will agree with me J, and TWO: I am Canadian so I do not experience what Americans go through on a daily basis.
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Sunday, November 04, 2012
Stock Market Good Employment Pop, But Other Realities Prevail / Stock-Markets / Stock Markets 2012
Courtesy of Doug Short writes: A better than expected employment report goosed the market futures and the S&P 500 popped at the open, hitting its intraday high three minutes later. The opening gains had disappeared within the first 45 minutes of trading, and after a couple of hours scuba diving in the shallow red, the index slowly sold off to close the day with a 0.94% loss. That virtually erased the gains for the Sandy-shortened week, cutting it to 0.16%. Why the selloff? Some weak earnings, second thoughts about the impact of the storm, pre-election jitters: Take your pick or speculate on some vague combination of the three.
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Saturday, November 03, 2012
Could a Bad Stock Market Monday and Tuesday Decide U.S. Presidential Election? / Stock-Markets / Stock Markets 2012
The VIX bounced from its 10-week moving average to complete a minor retracement, then closed above its 40-week support at 17.43 this week. A breakout above the inverted Head & Shoulders neckline and mid-Cycle support/resistance at 20.83 announces that a Third Wave is underway with substantially higher targets. Once the initial target is met, VIX has a shot at Cycle Top resistance at 34.02 and possibly much higher.
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Saturday, November 03, 2012
Sandy Stock Market Correction Continues.... / Stock-Markets / Stock Markets 2012
While the market didn't lose much in terms of price, it's still in its correction as evidenced by the back test of the 20- and 50-day exponential moving averages today that saw selling off those key resistance levels. They were both strong support levels not too long ago, but they have now turned into strong resistance levels. All of the key sector, index charts tested those levels today only to see the sellers come marching in to take things back down. This selling came even after we were up early on due to the better than expected employment report that came out one hour pre-market. There were 171,000 jobs created with expectations at 125,000. The futures shot up on this news allowing for a gap up open, but it didn't take long for the selling to come back in and take things into the red across the board.
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Saturday, November 03, 2012
Stock Market Investors Are Not Dumb! / Stock-Markets / Stock Markets 2012
How often do we hear statements like “Most of the ‘smart money’ is going into energy stocks right now”? Or advice to “Watch what the ‘smart money’ is doing”.
I use the term myself in reference to what usually savvy corporate insiders, institutional investors, hedge-funds, and other professional investors are doing at the time, in comparison to high or low levels of bullish investor sentiment.
Friday, November 02, 2012
The Market Decline Begins / Stock-Markets / Financial Markets 2012
XEU finally cut loose its supports and crossed the 50-day moving average this morning. This is the Wile E. Coyote moment when he finds there is nothing to stand on anymore.
What is more, there is some “extra payback” for all the lies and deceit by the Euro Politicians in the form of a potential Cup with Handle suggesting a probable target near 80.00.
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Friday, November 02, 2012
Surmounting False Investor Assumption Traps of Serious Wealth Destruction / Stock-Markets / Financial Markets 2012
Those who invest and trade on False Assumptions risk being trapped into losses and Serious Wealth Destruction.
Those who are aware that certain commonly accepted Assumptions are False have substantial Profit and Wealth Protection Opportunities.
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Friday, November 02, 2012
U.S. Stocks On a Collision Course with Market History / Stock-Markets / Financial Crash
Next time you look at a clear night sky, keep in mind that what you see is the distant past.
Most stars are so distant that it takes millions of years before the light is visible to us.
Even so, astronomers can learn much about the future of the universe by studying the past.
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Thursday, November 01, 2012
Stock Market Still Waiting for that Stimulus to Kick In / Stock-Markets / Stock Markets 2012
Is the Fed losing it's mojo?
Perhaps we are just impatient. We were discussing this topic in Member Chat yesterday as the so-far weak market action we're seeing since the announcement of QInfinity is beginning to make people wonder how we should position ourselves over the holidays.
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Tuesday, October 30, 2012
Stock Market Downtrend Continues / Stock-Markets / Stock Markets 2012
The market continued to correct this week, as it has for most of October. After starting the week at SPX 1433, it quickly dropped to 1408 by early tuesday morning. Then for the rest of the week the market tried to rally but ended with a slightly lower low every day, right into friday. For the week the SPX/DOW were -1.65%, and the NDX/NAZ were -0.55%. Asian stocks lost 1.0%, European stocks lost 1.7%, and the DJ World index was -1.7%. On the economic front things continue to improve: positive reports outpaced negative ones 6 to 3. On the downtick: consumer sentiment, new home prices and the WLEI. On the uptick: new/pending home sales, FHFA housing prices, durable goods orders, Q3 GDP and weekly jobless claims declined. While this week’s market action was mostly technical due to the lack of economic reports. Next week the will likely be all about the economy. The monthly Payrolls report highlights the week, with Auto sales and the Chicago PMI.
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Monday, October 29, 2012
Nicole Foss And Max Keiser Talk Greed, Fear, Downward Spirals And Risk Divisions / Stock-Markets / Financial Markets 2012
The Automatic Earth's Senior Editor Nicole Foss talks to Max Keiser again, this time on PressTV's On The Edge with Max Keiser.
Nicole and Max discuss Europe's shrinking pie, Canada's bursting bubble, the ongoing global debt deflation, the eternal tug of war between greed and fear, the greater fool, and the similarities the demise of the banking system in 14th century Venice has with Washington DC today.
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Monday, October 29, 2012
Monday U.S. Financial Markets Closed Due to Sandy Mega Storm / Stock-Markets / Financial Markets 2012
Hurricane Sandy has cancelled the markets today.
Perhaps tomorrow as well as the storm, as you can see from the map, doesn't really hit us until Tuesday morning. So, unless it veers further south than projected, NYC and the exchanges will be smack in the middle of the storm tomorrow morning.
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Monday, October 29, 2012
The Free Market’s Slow Death / Stock-Markets / Financial Markets 2012
Much has been made in the press of the manipulation of LIBOR, without much explanation of the consequences for prices of all things that depend on supply and demand for bank credit. Outrage focuses on the activities of avaricious bankers, which is why the connection never gets made between relatively minor manipulations of credit pricing by banks and far larger manipulations by central banks.
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