Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Thursday, December 08, 2011
ECB and Dow Theory Undermine Stock Market Bulls / Stock-Markets / Stock Markets 2011
This morning’s activity in the S&P 500 futures underscores what the market cares about. The market is not focused on employment (better than expected this morning), earnings (good), or valuations (respectable). The market cares about one thing – money printing; specifically, having the ECB print money to buy Italian and Spanish bonds.
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Thursday, December 08, 2011
To ECB or Not to ECB? / Stock-Markets / Financial Markets 2011
- To bail, or not to bail--that is the question:
- Whether ’tis nobler in the EU to suffer
- The slings and arrows of outrageous swap rates
- Or to print money against a sea of debt
- And by printing, inflate them. To loan, to bail-- No more
- And by a loan to say we end the illiquidity,
- and the thousand natural shocks
- That economies are heir to.
Thursday, December 08, 2011
Negative Real Interest Rates, Central Banks Prepare For the Worst Life After Euro / Stock-Markets / Global Debt Crisis
Gold is trading at USD 1,719.40, EUR 1,302.70, GBP 1,109.30, CHF 1,608.40, JPY 135,050 and AUD 1,689.4 per ounce.
Gold’s London AM fix this morning was USD 1,739.00, GBP 1,105.81, and EUR 1,297.28 per ounce.
Yesterday's AM fix was USD 1,731.00, GBP 1,108.20, and EUR 1,289.96 per ounce.
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Thursday, December 08, 2011
Jim Rogers: "The Fed is Lying to Us" / Stock-Markets / Central Banks
David Zeiler writes: Despite statements to the contrary, the U.S. Federal Reserve has continued to pump money into the economy, says investing legend Jim Rogers.
The resulting low interest rates and creeping inflation, he says, are destroying the wealth of millions.
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Thursday, December 08, 2011
Stock Market Violent Whipsaw Yet Again... / Stock-Markets / Stock Markets 2011
Is this crazy or what! This morning, very early on, the Dow futures were up 96 points. Those futures held well overall, until a spokesman from Germany put out a statement that it seemed there would NOT be a resolution for the Eurozone over the weekend. The result was a 1760-point reversal down in the futures. Oh well! No shock as we all know by now we're tied in completely to the news of the moment out of Europe. Our own backyard has become secondary to Europe. The United States is holding its own, and thus, the reason why this market is holding up in the face of such dire news out of Europe. If Europe was positively resolved, things would blast higher above 1265 on the S&P 500, or that nasty trend line of resistance we failed at again late today in the last two minutes. The market gapped down at the open. They spent the day trading a little below the gap open, and down around 25 points on the Dow.
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Thursday, December 08, 2011
Debt Champions and Eurozone Bailout Fund, Another $670Bn Not Enough? / Stock-Markets / Global Debt Crisis
I titled yesterday’s post "More Stimulus Please" and, as expected, we did indeed get another $670Bn (500Bn Euros) rumored around noon yesterday as the word is the EFSF is going to either double or eliminate it’s lending cap. This action was backed up by our own little Timmy Geithner, who backed the play, saying: "We’re encouraged by the progress [Europeans] are making, not just to put in place economic reforms across Europe to create the conditions for stronger growth in the future, but to try to build a stronger architecture for a fiscal union … and try to make sure there’s a sufficiently strong firewall in place to support those efforts."
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Thursday, December 08, 2011
Marc Faber Says Euro Will Survive and U.S. Stocks 'Not Terribly Expensive' / Stock-Markets / Financial Markets 2011
Marc Faber, publisher of the Gloom, Boom & Doom Report spoke to Bloomberg TV's Lisa Murphy and Adam Johnson and said that U.S. equities are not "terribly expensive" and that he thinks the euro will survive.
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Thursday, December 08, 2011
How to Make Money in a 'Fugly' Stock Market / Stock-Markets / Gold & Silver Stocks
Despite the "fugly" future that Bob Moriarty, founder of 321gold.com, talks about in this exclusive interview with The Gold Report, he's downright bullish on the U.S. dollar for the time being. He says it's not only a safe haven but "the best investment to be in for the last six months." As for equities, Moriarty makes it clear that he takes no pleasure in watching a company lose 25% of its value in a week when there is nothing wrong with the company. At the same time, he's alert to bargains. Any time you have the opportunity to buy cash at a discount, he advises, "throw money at it."
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Wednesday, December 07, 2011
Stock Market Journey to Nowhere, Been a Wild Trip Since August / Stock-Markets / Stock Markets 2011
Futures are being pushed around by the normal push-pull of the rumor mill out of Europe - it has reached the point of jump the shark. Late yesterday the market rallied for about an hour on news of a second bailout fund to run along the already mocked ESFS. Then the question of how it would be funded came to be asked, and the market sold off. It's just trial balloon after trial balloon. Tomorrow (morning for Americans) we hear what the ECB is doing with interest rates - a cut is expected, but will it be 25 or 50 basis points and most important are there any 'additional cookies' to be handed out to the class of unruly 2nd graders demanding Oreos by the dozens. Then Friday everyone awaits a new bazooka.
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Wednesday, December 07, 2011
Bob Prechter is Back... and Shockingly, Still Bearish on Stocks / Stock-Markets / Stocks Bear Market
It's been almost a year since I posted a Bob Prechter video, and (sit down for this) ... he is bearish, comparing this current period to the late 1930s. Other than a few short massively oversold periods in 2008 and 2009 I can't recall Prechter really being bullish - but I don't watch him that closely. For the Elliot Wave crowd however, please see below
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Wednesday, December 07, 2011
Stock Market Cycle Turn Day / Stock-Markets / Stock Markets 2011
Good Morning!
Today is the Trading Cycle turn date. You may recall that I had suggested that this may be an inverted cycle. I had originally inferred that the Master cycle low (November 25) would coincide with the Trading Cycle, which is normally a low. But the Master cycle bottomed 12 days too early. The Trading Cycle only allows 4 – 8 days for a turn window, which have now passsed. What’s left is an inversion, which sets us up for a potential crash.
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Wednesday, December 07, 2011
Testy Stock Market – More Stimulus PLEASE! / Stock-Markets / Stock Markets 2011
What a crazy ride!
The chart on the left is a take on market sentiment but it’s the kind of mood swings that should be talking place over a span of weeks or months, not HOURS – like it has been recently.
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Wednesday, December 07, 2011
How to Survive and Prosper in the Coming Financial Meltdown / Stock-Markets / Financial Crash
The current global financial crisis can be said to be caused by the macroeconomic expansionary monetary policies of global governments and also at the same time the lack of regulatory framework from the authorities. As a result of the expansionary monetary policies the market is full of liquidity or in other words too much cash is available. The lack of regulatory framework from the authorities actually help to hasten the process of the financial crisis. The current financial crisis can be best described with the following three stages of manifestation.
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Tuesday, December 06, 2011
Timing China's Financial Meltdown and Housing Market Crash / Stock-Markets / China Economy
At an October seminar of the Chicago Council on Global Affairs (CCGA), carnival economist Niall Ferguson promoted his new book, Civilization: The West and the Rest. He revealed the blindingly obvious as if it were a divine revelation: the U.S. has serious problems. He preached that the U.S. corrupted its six Ferguson-defined "killer apps": competition, science, rule of law, medicine, the consumer society, and a strong work ethic.Read full article... Read full article...
Tuesday, December 06, 2011
Europe's Debt Crisis and Solutions / Stock-Markets / Eurozone Debt Crisis
Sir Howard Davies, former deputy governor of the Bank of England and former director of the London School of Economics, spoke to Bloomberg TV's Erik Schatzker and Sara Eisen this morning and said that it is will not “make a huge amount of difference” if the S&P downgrade the Eurozone. He also said that there needs to be a European finance minister.
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Tuesday, December 06, 2011
Are the Stars Aligned for a Stock Market Year-End Rally? / Stock-Markets / Stock Markets 2011
December has historically been one of the strongest months of the year for equity markets. Taking a look over the past 20 years, the S&P 500 Index in December has averaged 2 percent.
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Tuesday, December 06, 2011
A Simple Solution to Fixing the World's Capital Markets / Stock-Markets / Credit Crisis 2011
Shah Gilani writes: Banks need fixing and capital markets need fixing. There's no debate about that.
Still, there's plenty of debate about what to do about it and too little agreement on exactly what to do about systemic issues, both in domestic and global markets.
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Tuesday, December 06, 2011
S&P 500 Warnings Excuse For Some Selling..... / Stock-Markets / Stock Markets 2011
The Dow and S&P 500 were up against their near-term down trend lines at 12,200 on the Dow and 1265 on the S&P 500. The market was churning there for hours, but not falling very much. Yes, the 60-minute short-term charts were a bit overbought, but the market was hanging tough. The bears needed an excuse to get the bulls to calm down a bit. It came in the form of the S&P 500 warning they would downgrade some Eurozone countries below the top rating of AAA. Later in the day they expanded it to a more specific seventeen countries under that watch away from AAA. The total result was a drop of roughly 150 points on the Dow from the highs to the lows.
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Tuesday, December 06, 2011
Global Economy and Financial Markets 2012 Outlook / Stock-Markets / Financial Markets 2012
Kenneth Jacobs, chief executive officer of Lazard Ltd., spoke about the global economy, the European debt crisis and banking regulations during an interview with Judy Woodruff on Bloomberg Television.
On the global economic outlook for next year:
"Assuming we get through this crisis without a discontinuity, a break in the markets, a catastrophe, then next year probably looks a lot like this year did: modest economic growth in the United States, tough economic climate in Europe, and probably a decent story continuing in the emerging markets."
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Tuesday, December 06, 2011
Cyclical Sell Signal for Stocks and Gold / Stock-Markets / Financial Markets 2011
SPX nudged up against the intersection of the smaller hourly Broadening Wedge and the larger daily Broadening Wedge first violated in early August. They both have a downside target of 980.00. It has just fallen beneath mid cycle trend resistance at 1257.70, giving it a cyclical sell signal. Crossing below intermediate-term trend support at 1233.46 will confirm that sell signal. Welcome to wave 3.
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