Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Monday, December 14, 2009
Stock Market Indices Close Near Session Highs, Start Week Up Again / Stock-Markets / Stock Index Trading
The indices managed to start the week off with some more gains, but labored in the afternoon.
The day started out with a nice gap up. They immediately took out Friday's highs on the S&P 500, but failed to do so on the Nasdaq 100, and then pulled back and consolidated. They took off again and extended the highs for the entire trading range of the last 4 weeks on the SPX, reaching as high as 1114.76. The NDX had trouble getting through 1810-11 resistance and backed off in mid-afternoon, but came on again near the close to end not far off the highs for the day.
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Monday, December 14, 2009
U.S. Dollar, Commodities and Emerging Market Trend Forecasts for 2010 / Stock-Markets / Financial Markets 2009
Today I am speaking at a local conference here in Dallas for my friends Charles and Louis Gave of GaveKal along with George Friedman of Stratfor, and get to finally meet Anatole Kaletsky. They graciously allowed me to send their latest Five Corners report as this week's Outside the Box. I find their research to be very thought-provoking as they are one of the main sources of optimism in my ususal readings (except for their very correct and profitable views on the European debt of the PIGS (Portugal, Italy, [Ireland?], Greece and Spain).
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Monday, December 14, 2009
Stock Market Bases Still Set Up Bullish... / Stock-Markets / Stock Index Trading
It's an endless pit of nothing. I know that's what it feels like folks. A market that seemingly can't move. No volatility. Hours of the market trading in such a small range. We're not used to that after the experience of having the market blasting off from March until September. Seven sweet months of beautiful gains that spent very little time pulling back. A market that wanted nothing but higher seemingly every day. Then we get four months of this range bound market and we yearn for that type of market once again. Isn't going to happen but that doesn't mean we won't see another move higher in the near future. I believe we will.
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Monday, December 14, 2009
The Cult of Stock Market Investor Non-participation / Stock-Markets / Investing 2010
Over the last few years we’ve made reference to the “cult” of non-participation. By this I mean the relative lack of retail investor interest in the stock market compared to the former decade. In tonight’s report we’ll look at why this trend of non-participation may be soon coming to an end.Read full article... Read full article...
Monday, December 14, 2009
Warning The Great Credit Expansion Financial Market Trend of 2009 Is About to End / Stock-Markets / Global Debt Crisis
Renowned speculator Bernard Baruch once said, “The main purpose of the stock market is to make fools of as many men as possible.”
As 2009 comes to a close, this year’s most popular investment is likely to make a lot of investors look like fools.
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Monday, December 14, 2009
Trendy Markets / Stock-Markets / Financial Markets 2009
The gold price has swept past the US $1200 mark - in both directions - so it’s time to check numbers against concepts and patterns. The yellow metal’s modern history began with Western economic expansion in the 19th century. That outstripped our ability to supply gold equivalent to economic activity, at fixed rates. With currencies delinking from gold by the early 1970s, miners couldn’t supply enough of it at the old fixed rates. Contrast that with copper which was in a supply glut at the time due to technological changes. Paper currencies were already a large multiple of gold horde values by this point.
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Monday, December 14, 2009
Robert Prechter Getting Desperate for Deflation, Martin Armstrong’s Revenge Revisited / Stock-Markets / Financial Markets 2009
Robert Prechter was out again this week reminding us all why deflation remains an immanent danger, and to dawn our crash helmets looking for ‘big declines’ in everything from stocks to gold. Of course anybody taking his advice seriously over the past 20 years has for the most part been on the wrong side of the trade for extended periods of time because he basically does not take into account just how desperate and crazy countervailing forces (the bureaucracy) to the primary trends he sees are, which is the case at present.
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Monday, December 14, 2009
Stock Market Headwinds Abate Slightly / Stock-Markets / Stock Index Trading
Last week the price of crude oil lost almost 10% pushing our composite indicator that is constructed from the trends in gold, crude oil and yields on the 10 year Treasury back below the extreme line. See figure 1 a weekly chart of the S&P500 with the indicator in the lower panel.
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Monday, December 14, 2009
S&P 500 Trend Analysis, Techies Holding the Market Back / Stock-Markets / Stock Index Trading
Early Friday, futures seemed like all the rage in the low volume hours, pumping it ahead of retail numbers. After the numbers, techies took a good dump and that kept a damper on S&P for the day – Party Poopers!
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Sunday, December 13, 2009
Stock Bullish Trend Turning Sideways / Stock-Markets / Stock Index Trading
Last week, market action was decidedly mixed. The Dow Jones industrial average and the S&P 500 were barely up while both the NASDAQ and the Russell 2000 were down. Most troubling is the lack of volume -- the persistent trend over the last month in what may be an aging bull market.
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Sunday, December 13, 2009
S&P Analysis for the Upcoming Week: Dec 14-18 / Stock-Markets / Stock Index Trading
The S&P 500 which is a good representation of the overall stock market, is still very much range bound, and is likely to remain so until the new year. A very quiet Friday with little volume did little to inspire confidence to the contrary.
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Sunday, December 13, 2009
Stock Market Santa Rally and Election Weapons of Mass Deception / Stock-Markets / Financial Markets 2009
Alistair Darling delivered his final pre-budget / pre-election report on Wednesday, which was pretty much inline with my earlier expectations namely to hit bankster's with a 50% tax, delayed tax rises and above all to continue spending like there is no tomorrow therefore fulfilling the Labour party strategy of delivering a scorched earth economy to the next Conservative Government. It only remains to be seen what more nightmare policies Labour has in store to completely wreck the British economy in its final few months of government as per my inflationary mega-trend's scenario (to be completed this month), I suspect inflation will make an appearance virtually within days of Labour being dumped at the polls.
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Saturday, December 12, 2009
Most Accurate Financial Market and Economic Forecasts of 2009 / Stock-Markets / Market Oracle Analysts
You have the opportunity to help the Market Oracle evaluate the most accurate analysis / forecasts of 2009.
It is easy, just navigate to an article that you deem to be accurate against what has subsequently transpired and hit the VOTE Banner at the top of the page.
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Saturday, December 12, 2009
Stock Market Bases Setting Up Below Key 1121 S&P 500 Pivot.... / Stock-Markets / Stock Index Trading
The more I watch this market through its every day whipsaw, the more I am convinced that the next decent move is going to be a higher one. Please study the charts tonight that are being provided for you and notice how so many of the index charts are forming bases, longer-term ones as well, right beneath major breakout levels. 1120 is the price breakout on the S&P 500, but 1121 is the official 50% retrace level of the entire move from the Bull market high of 1576 to the March lows at 666. Many look at that type of retrace and say this is where bull phases go to die within a bigger picture bear market. I think we're going to take that level out in time but it hasn't and won't come easy.
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Saturday, December 12, 2009
OPTIONS PLAY: CRUDE OIL Makes New Low For The Move / Stock-Markets / Options & Warrants
CRUDE OIL has traded lower 7 out of the last 8 days. See my previous blog post for more details: http://mckinneytrading.blogspot.com/..
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Saturday, December 12, 2009
Where is the Stock Market Santa Rally? / Stock-Markets / Financial Markets 2009
Dems want to raise the debt ceiling now rather than face a backlash in 2010.
In a bold but risky year-end strategy, Democrats are preparing to raise the federal debt ceiling by as much as $1.8 trillion before New Year’s rather than have to face the issue again prior to the 2010 elections.
“We’ve incurred this debt. We have to pay our bills,” House Majority Leader Steny Hoyer told POLITICO Wednesday. And the Maryland Democrat confirmed that the anticipated increase could be as high as $1.8 trillion — nearly twice what had been assumed in last spring’s budget resolution for the 2010 fiscal year.
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Thursday, December 10, 2009
Stock Market Marking Time / Stock-Markets / Stock Index Trading
The indices ended up on the day, but all the gains were made in the first few minutes. The indices gapped up, ran hard, reached 1808 on the Nasdaq 100 and just over 1106 on the S&P 500, but for the rest of the session backed and filled in a consolidative manner. Not a bad session for the bulls as support continued to hold at 1100 on the SPX and the 1798-1800 range on the NDX.
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Thursday, December 10, 2009
ETF's To Buy, Sell, or Hold / Stock-Markets / Exchange Traded Funds
As price weighs heavy in my market analysis, I always look for methods that quantify the price action. For example, when XYZ stock goes up 3 days in a row, I want to know what does that may mean (if anything) for the future price of that stock? In my work, I have explored the significance of divergences between prices and oscillators used to measure price. Divergences are often associated with market turning points.
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Thursday, December 10, 2009
Stock Market Bases Remain...Financial's Weak.... / Stock-Markets / Stock Index Trading
Folks, there are only so many ways I can say the same thing day after day is this, the hardest trading market I've seen in a very long time. Every day there are great long and short set ups that fail for no good reason. Some work. Some do not and there's no rhyme or reason to it. Normal technical analysis just isn't working. Rotation everywhere in a whipsaw like fashion. It seems almost intentional the way that the powers that be are moving things around. Earlier this week we lost the top of the range and headed down and touched 1085 S&P 500 horizontal support where naturally the bulls came in, even though it looked bad, and saved the breakdown.
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Thursday, December 10, 2009
Know Your ETF Sponsors, iShares, SSgA, Vanguard, PowerShares, ProShares and Van Eck / Stock-Markets / Exchange Traded Funds
The ETF business is exploding as the many advantages of exchange-traded funds are drawing investors away from individual stocks and old-fashioned mutual funds.
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