Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Monday, June 18, 2012
DJIA Leads Stock Market Rally Higher / 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 is probably putting the finishing touches on an intermediate-term bottom.
Read full article... Read full article...
Monday, June 18, 2012
Value Line Geometric Index Predicts Major Stock Market Top / Stock-Markets / Stock Markets 2012
Last week I posted analysis showing that the monthly RSI divergence which formed at the 2011 and 2012 highs is a very reliable indicator of a stock market decline of almost 28% lasting 11 months. I continue to see many, many companion signals which confirm this.
The Value Line Geometric Index is showing a technical condition which has also been a strong indicator of major market tops.
Monday, June 18, 2012
U.S. Stock Market Uptrend Appears Underway / Stock-Markets / Stock Markets 2012
After last week’s market surge, (+3.65%), the market started the week with a gap up. But it was sold off and the market remained quite choppy until early thursday. Then the rally resumed. For the week the SPX/DOW were +1.5%, and the NDX/NAZ were +0.5%. Growth stocks appear to be lagging, somewhat, as the 2 year tech cycle low approaches. Asian markets gained 1.4%, European markets rose 1.2%, and the DJ World index rose 1.6%. Economic reports for the week were heavily biased to the downside: 2 up and 12 down. On the uptick: business inventories and the monetary base. On the downtick: export/import prices, retail sales, the CPI/PPI, the NY FED, industrial production, consumer sentiment, and the WLEI. Also, the budget deficit, current account deficit, and weekly jobless claims all rose. Overall, it was a good week for stocks as the economy continues to weaken. FOMC meeting concludes this wednesday.
Read full article... Read full article...
Sunday, June 17, 2012
Greece Elections Puts Fed On Deck..... / Stock-Markets / Financial Markets 2012
Those are two nice little events we can all go through together over the next several days. We will start, with the Greece elections over the weekend that will have a real impact on the markets. The market is clearly telling us it thinks, and believes, the party that wins will be the one that has promised to stay in the Euro-zone and not create chaos. If the party that gets in is the one that creates market uncertainty, the market will be very unhappy come Monday morning, but the opposite is true if the right party gets elected. Monday morning will have fireworks for sure.
Read full article... Read full article...
Sunday, June 17, 2012
Financial Markets And Governments Are Rolling The Dice! / Stock-Markets / Financial Markets 2012
Global markets had been plunging since March on worries about the dangerous eurozone debt and banking crisis and its threat to global economies.But over the last two weeks they’ve been rallying quite impressively, even as the crisis in Europe has taken another frightening turn for the worse, and as tomorrow’s Greek election neared, with its outcome just as critical and uncertain as before.
Read full article... Read full article...
Sunday, June 17, 2012
Global Stock Markets Too Calm Before the Storm: Strength or Seduction / Stock-Markets / Global Stock Markets
Isn't it nice to have someone bigger than you to look out for your investments? You know, someone who no matter what happens in the world is always "buying the dip"; someone who is totally unphased by the events taking place in Europe, China, Japan, the US or any place on the globe. Certainly, this is a sign of great strength and faith in the Almighty Dow.
Read full article... Read full article...
Saturday, June 16, 2012
Greece Election Eurogeddon Stock Market Trend Analysis and Forecast / Stock-Markets / Stock Markets 2012
The world watches as Greek politicians build themselves up into a frenzy ahead of Sunday's election, uttering contradictory statements with virtually every breath. For instance Tsipras of Syriza promises end to economic austerity AND that Greece will stay within the euro-zone. Meanwhile the leader of New Democracy warns that this could be Greece's last election!
However the problem the euro-zone faces is not really about the Greek economy going bust, instead it has always been about the contagion consequences for the rest of the Euro-zone that Greece risks triggering, all the way from tiny Cyprus to the giants of Italy and even France. A Greece exit would change the dynamics of the single currency by setting a precedent that virtually guarantees that the Euro-zone currency would fall apart as each country is targeted one after another for the fundamental reason that without competitive devaluations between countries they are destined to go bankrupt as they cannot compete against Germany.
Read full article... Read full article...
Friday, June 15, 2012
Stock Market S&P 500 Elliott Wave Forecasts, Simplified / Stock-Markets / Stock Markets 2012
Here's what Elliott wave analysis is all about: You study charts to find non-overlapping 5-wave moves (trend-defining) from overlapping 3-wave ones (corrective, countertrend).
With that in mind, please take a look at this chart of the S&P 500, which our U.S. Intraday Stocks Specialty Service (FreeWeek is on now) posted for subscribers at 9:37 AM today (June 14):
Read full article... Read full article...
Friday, June 15, 2012
EU vs US Markets – Inflation vs. Deflation: Part 2 / Stock-Markets / Financial Markets 2012
That (perceptions that) the stability of the EU is deteriorating is indisputable. Nevertheless, that a breakup of the EU cannot be countenanced is equally indisputable. If the world’s banks were forced to crystallise losses from sovereign European bad debts – even it were confined to Greece only – there would be a domino ripple of bankruptcies, starting with the five US banks who dominate the derivatives industry, leading to a collapse of the world’s financial system. The following is a recent quote by Angela Merkel: “Germany – and I can say this for the whole country – is prepared to do more on integration but we cannot get involved in things which I am convinced will lead to an even bigger disaster than the situation we are in today,” she said. (Source: http://www.ft.com/intl/cms/s/0/f29cdbf4-b4a8-11e1-aa06-00144feabdc0.html ) Further, although Mr Hollande of France is making loud socialist sounding noises, it was reported in the UK Financial Times of June 13th 2012, that: “He is expected to welcome Ms Merkel’s calls for closer political and fiscal union and signal his readiness to examine what competences would need to be transferred to Brussels to make the single currency function better, despite strong sensitivity in France to handing over more sovereignty.” (Source: http://www.ft.com/intl/cms/s/0/a732fdbe-b553-11e1-ad93-00144feabdc0.html )
Read full article... Read full article...
Friday, June 15, 2012
Stock Market Crash Warnings Abound / Stock-Markets / Financial Crash
Since Monday, the VIX has climbed back up into the upper half of its hourly trading range. It is also now in the upper half of the daily and weekly trading ranges as well. The standard “rule of thumb” is that VIX signals danger for equities once it closes above 25.00. From a Cyclical Model view, this number can vary. In 2010, the danger zone was closer to 27, as awareness of the 2008 crash was still at top-of-mind. Today it is near 23.00, since people have become more sanguine about risk.
Read full article... Read full article...
Friday, June 15, 2012
U.S. Stock Market Analysis and Forecasts Free Access / Stock-Markets / Stock Markets 2012
Dear Reader
Our friends at Elliott Wave International have just announced the beginning of their popular FreeWeek event, where they throw open the doors for you to test-drive some of their most popular premium services -- at ZERO cost to you.
Read full article... Read full article...
Thursday, June 14, 2012
Gold, Silver and the Rolling Financial Crisis / Stock-Markets / Eurozone Debt Crisis
"Let me make it clear straight away – the lies, corruption, cowardice and greed of Spanish bankers and government officials is nothing special. What is happening in Spain now, reminds me of Northern Rock in the UK, Hypo in Germany and CountryWide in the US. So please do not think that I dislike Spain or of the ordinary people of Spain. The people I detest in Spain are the same people I detest in Britain and every country: The Cabal of corrupt Bankers and Political parasites.
Read full article... Read full article...
Wednesday, June 13, 2012
Dow Stock Market Bulls and Gold Bugs Wagering big Bets on QE3 / Stock-Markets / Quantitative Easing
"I guess I should warn you. If I turn out to be particularly clear, you've probably misunderstood what I've said," Fed chief "Easy "Al" Greenspan used to say. Recognizing the fact that financial markets place a heavy value on each of their words, former Fed chiefs Arthur Burns and Paul Volcker, were known for blowing smoke, both literally and figuratively, when appearing before Congress, in order to prevent their words from becoming self fulfilling prophesies. They developed a language called "Fed-speak," which is the use of ambiguous and cautious statements that are purposefully made to obscure the meaning of a statement. Greenspan is credited with turning Fed-speak into a "fine-art" form.
Read full article... Read full article...
Wednesday, June 13, 2012
Stock Market Dow Theory Update / Stock-Markets / Dow Theory
As a result, of the decline below the April 10th lows, many articles on Dow theory surfaced saying that a so-called Dow theory sell signal was triggered. This is not exactly correct. In fact, most articles written on Dow theory are erroneous. Reason being, most of the people writing these articles have not read the original writings by Charles H. Dow, William Peter Hamilton and particularly Robert Rhea. As a result, they simply do not understand Dow theory.
Read full article... Read full article...
Wednesday, June 13, 2012
Euro FXE still holding Whilst Stock Market SPY Declining / Stock-Markets / Financial Markets 2012
We still await the next installment of the decline on FXE (124.73). At the moment it si doing a final test of Short-term trend resistance at 124.74 and the Head & Shoulders neckline in the same location. Cycle Bottom support is at 124.19, but the bounces at that level are over, IMO.
Read full article... Read full article...
Wednesday, June 13, 2012
Why Marc Faber the "Gloom and Doom" Man Is BUYING European Stocks / Stock-Markets / European Stock Markets
Investment guru Marc Faber is actually buying European stocks...
But wait a minute...
Isn't Greece about to explode? Isn't Spain next? Isn't the very existence of the euro in doubt?
Tuesday, June 12, 2012
The Smell of Market Fear: Stocks Typically Fall Faster than they Rise / Stock-Markets / Stock Markets 2012
Rising stock prices vs. investor fear: When one is present, the other is usually absent.
Yet the two were actually in each other's company around the time of the most recent high in the Dow Industrials (May 1):
Read full article... Read full article...
Tuesday, June 12, 2012
Stock Market Trading, Ignore The News, It’s All About Support And Resistance / Stock-Markets / Stock Index Trading
Tuesday, June 12, 2012
Stock Market Tiring Of Bailouts....Market Reversal Down..... / Stock-Markets / Stock Markets 2012
The market was waiting over the weekend to see what would come out of the Euro-zone with regards to the potential financial meltdown in Spain. Would the world come to the rescue or let Spain sink in to the abyss was the real question. The market got its answer when the world came to the rescue and gave them all they would need and more. It's ridiculous bailout that displayed the depth of desperation out there. The market, naturally, loved it. Or did it?!!
Read full article... Read full article...
Tuesday, June 12, 2012
Euro FXE ETF In Pre-Crash Mode / Stock-Markets / Financial Crash
FXE closed beneath its Head & Shoulders neckline, short=term Trend resistance at 124.86 ans hourly Cycle Bottom support/resistance at 124.31. This retracement may be the equivalent of point 7 in the Orthodox Broadening Top formation, since the retracement was too weak to revisit the lower trendline near 127.50. Normally a third wave is the strongest, but it appears that wave (5) will be the strongest this time. The governing E.W. rule is that the third wave cannot be the smallest.
Read full article... Read full article...