Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Sunday, October 31, 2010
Stocks Longterm Bull Market, Elliott Wave Weekend Analysis 31st October / Stock-Markets / Elliott Wave Theory
For the first time in quite a while positive weekly economic reports outweighed negative reports by over three to one. The market responded, before the reports, with a new uptrend high and then went sideways during the reports. On the negative side. We had a lower rise in the Case-Shiller index, a decline in the UofM consumer sentiment and the M1 multiplier. On the postive side. Existing/new homes sales rose as did the FHFA price index and weekly mortgage applications. Q3 GDP rose, along with durable goods orders, the Chicago PMI and consumer confidence.
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Sunday, October 31, 2010
Stock Market USD Trends, It's the Money, STUPID! Part-II Extra Innings / Stock-Markets / Stock Markets 2010
From Part-I (game over) Back in May of this year, we constructed a dual paneled chart graphic to observe the effectiveness of such interventions relative to the volatility expressed in the price behavior of equity indices. That chart consisted of a monthly volatility index in the top panel, and the relative trajectory of the Dow Jones industrial average in the charts lower panel.
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Sunday, October 31, 2010
Fed Fights to Hold Up Stocks into Election, The Accelerating Inflation Mega-Trend / Stock-Markets / Financial Markets 2010
The stock market is holding up well into the U.S. mid-term elections, clearly the Fed is fighting to support stocks against a due technical correction from overbought levels after the strong bull run of the past 2 months. Market manipulation is nothing new, it has been around since the birth of the stock markets and their insurance precursors, current market manipulations have their roots in the 1987 crash when the Fed stepped in to Push the Dow UP from another pre-open 250 point crash (15%) (1987 Crash Trading).
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Saturday, October 30, 2010
Fraud Caused the 1930s Great Depression and Current Financial Crisis / Stock-Markets / Scams
Robert Shiller - one of the top housing experts in the United States - says that the mortgage fraud is a lot like the fraud which occurred during the Great Depression. As Fortune notes:
Shiller said the danger of foreclosuregate -- the scandal in which it has come to light that the biggest banks have routinely mishandled homeownership documents, putting the legality of foreclosures and related sales in doubt -- is a replay of the 1930s, when Americans lost faith that institutions such as business and government were dealing fairly.
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Saturday, October 30, 2010
Stock Markets, The Big 3 On Deck..... / Stock-Markets / Stock Markets 2010
Next week there will be absolutely no doubt about where this market is headed. Three huge separate events on deck and it starts off Tuesday, when we get the election results the market has been waiting for. It wants to see more of a log jam with more republicans gaining seats. If that takes place, and appears that it will, the market, you would think, will like it. I'll get in to it's built in stuff later on.
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Saturday, October 30, 2010
Marc Faber, Fed's QE2 Could Trigger stock Market Correction / Stock-Markets / Stock Markets 2010
Marc Faber, publisher of the Gloom, Boom & Doom report, discusses the potential impact of further quantitative easing (QE2) by the U.S. Federal Reserve in a Bloomberg interview on Oct. 36 (clip below).
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Saturday, October 30, 2010
U.S. GDP Report Good for Main Street, Maybe Not for Wall Street / Stock-Markets / Financial Markets 2010
The long-awaited report on economic growth in the third quarter was released Friday morning, and was a somewhat pleasant surprise. After declining from an annualized growth rate of 5.0% in the fourth quarter of last year, Gross Domestic Product (GDP) growth declined to 3.7% in the first quarter of this year, and to just 1.7% in the second quarter.
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Saturday, October 30, 2010
Is the U.S. heading for Zimbabwe Style Hyperinflation? / Stock-Markets / Financial Markets 2010
Is bad news going to be good news?
Last quarter, after several adjustments, it has been decided that our GDP grew at a 1.7% rate. The general consensus is that this quarter we should be up around 2% but the whisper number is a big miss, down to 1.3%. Slower GDP growth will be GOOD for the stock market as it gives Ben and Tim the excuse they need to crank up the printing presses for some real Zimbabwe-style inflation.
Friday, October 29, 2010
Outstanding Investor Profit Opportunity as China Goes Gaga for Gaming / Stock-Markets / Sector Analysis
Doug Hornig, Editor, Casey’s Extraordinary Technology writes: Developing nations are playing technological leapfrog.
In the developed world, when we think of technology, the roots of much of what we do today were born decades, or even a century, ago. While the evolution has been fast paced, the progression from there through today is a straight line from the technologies that preceded them. A television program is still a television program. A phone call is still a phone call. The devices might look different and certainly do more, but the lineage is obvious.
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Friday, October 29, 2010
Bulls Still In Control, But the Stock Market Has QE Fatigue / Stock-Markets / Stock Markets 2010
The quantitative easing (QE) talk on the street this week has been along the lines of (a) is quantitative easing baked into asset prices?, (b) will the Fed’s announcement on November 3rd trigger a “sell the news” event, (c) the perception of too much QE could spark inflation fears and push interest rates up, and (d) too little QE could result in a “disappointment sell-off” in stocks and commodities.
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Friday, October 29, 2010
Gold Bull Market Virtuous Cycle, Investor Essential Preparation for 2011 / Stock-Markets / Gold and Silver 2010
"Fundamental and technical factors for gold are now in total harmony and gold is entering a virtuous circle that will drive the price up at its fastest pace since this bull market started in 1999.
It is a fact that gold in US dollars (and many other currencies) has gone up 400% in eleven years or 16% per annum annualized.
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Friday, October 29, 2010
Is the Fed Plunge Protection Team Manipulating the Stock Market? / Stock-Markets / Market Manipulation
Rumors are, the U.S. government "is propping up the stock market."
'By far, the most frequent question we've been asked recently at EWI's Message Board is this: "What is your take on the persistent internet chatter that the Federal Reserve is holding up the stock market via QE2, POMO, etc.? How can stocks ever decline again if the Fed is in control?" Here is an eye-opening chart that will help shed more light on this issue. Read more.
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Friday, October 29, 2010
High Frequency Traders Manipulating Stocks Futures, Options, Bonds, Currency and Commodities Markets / Stock-Markets / Market Manipulation
As I noted earlier today, high frequency traders trade not only stocks, but also futures, options, bonds and currency:
We know that high frequency trading is used to manipulate the stock market. The prevalence of high frequency trading in other markets means that it might be used to manipulate those markets - perhaps virtually all markets - as well.
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Friday, October 29, 2010
Ultra Low US Inflation Makes QE A Markets Slam Dunk / Stock-Markets / Financial Markets 2010
U.S. stocks fell marginally on Thursday, weighed down by 3M who drove industrial shares lower after cutting its profit forecast, helping erase an early gain triggered by Exxon Mobil’s better-than-estimated earnings report. 3M sank 5.9% for it’s biggest loss since February 2009, after saying full-year earnings will be 6 cents lower than previously forecast. And Halliburton dropped 8% as a report cited unstable cement the company recommended to cap BP Plc’s Gulf of Mexico oil well as a factor in the spill. But Exxon bucked the downtrend and rose 0.8% as growing global fuel demand helped boost earnings.
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Friday, October 29, 2010
The Fed Underwrites Asset Price Explosion / Stock-Markets / Financial Markets 2010
"That the economists...can explain neither prices nor the rate of interest nor even agree what money is reminds us that we are dealing with belief not science." ~ James Buchan, Frozen Desire (1997)
The Federal Reserve is in disarray. Unsure of whether its QE2 strategy (quantitative easing - second round) should be tabled (see speeches of Thomas Hoenig, president of the Kansas City Federal Reserve Bank) or if it should pump $10 trillion into the economy (the unsolicited advice from economic columnist Paul Krugman), the New York Federal Reserve Bank has now asked bond dealers what it should decide at its upcoming November 3 meeting. ["Fed Asks Dealers to Estimate Size, Impact of Debt Purchases."]. Since it is the belief in the integrity and competence of the Fed that backs the dollar, asking Wall Street what it wants is another reason to sell dollars.
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Friday, October 29, 2010
U.S. Mid-term Elections Stock Market Trend Pattern / Stock-Markets / Seasonal Trends
Don Miller writes: The Democrats and Republicans have spent a record $3.5 billion in preparation for this year's midterm elections. But regardless of the outcome - whether you're a Democrat or Republican - the good news is that the stock market traditionally has performed well during midterm election cycles.
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Friday, October 29, 2010
Stock Market Mixed, Choppy Session / Stock-Markets / Stock Markets 2010
The stock market indices closed mixed today after a choppy session. The day started out with a gap to the upside, as the Nasdaq 100 ran to new highs at 2135.69, while the S&P 500 reached above 1189.53. They then rolled over in a 3-wave decline and formed a falling wedge.
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Thursday, October 28, 2010
The Rule of Law and the Mortgage Mess / Stock-Markets / Stock Markets 2010
The Chronicles of Atticus McShrugg are fiction, but intended to give relevant, timely and sometimes entertaining perspective into current events in the global financial crisis and international political economy from a free market perspective. Atticus McShrugg is Special Assistant to the President of the United States, Director for Global Financial Market Stability. McShrugg boss is Admiral Clark, Deputy National Security Adviser for International Economic Affairs. For background on Atticus McShrugg, please see, Who is Atticus McShrugg?
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Thursday, October 28, 2010
2011 Boom Time for Businesses that Profit From the Suffering of Others / Stock-Markets / Financial Markets 2010
Please Baby, One More Chance - That is how Jon Stewart summed up the Democrats' strategy for the President last night. It was a great interview and I won't rehash it here but it's well worth watching. At this point, it's very likely the Democrats keep the Senate and the President made several mentions of the Senate rules that have allowed the Republicans to filibuster over 90% of legislation brought before the Senate in the past two years, which has ground the Government to a virtual halt and prevented the Democrats from advancing their agenda. I'm sure if you are a Conservative you think that's a great thing, but it's not Democracy - it makes a mockery of the process. If things work out, the Dems plan to change the rules of the Senate when the Senate disbands for the elections after which point it will only take a simple majority vote to pass the laws.
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Thursday, October 28, 2010
Stock Market Sells Hard Early...Rallies Late..Nasdaq Green / Stock-Markets / Stock Markets 2010
And this is what normally happens in markets that are trending higher. The Nasdaq, or higher risk stocks, usually do better and today was no exception. On a percentage basis the Nasdaq held up significantly better than the rest of the major sectors within the market. The market was due to sell some based on some overbought daily index charts. Lots of 70 RSI's out there. The doji on Monday was a predictor of some selling, although it took two days instead of one to get going. Not much selling yet though in the world of technology.
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