Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Tuesday, July 14, 2009
Warning for India Stock Market Global Investors / Stock-Markets / India
Martin Hutchinson writes: When India unveiled its annual budget on July 6, it immediately caused a sharp drop in the rupee, as well as a 5.8% decline in the benchmark BSE Sensex stock index that had soared 55% so far this year.
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Tuesday, July 14, 2009
Banking Stocks Rally on Goldman Sachs Results / Stock-Markets / Financial Markets 2009
Like a testosteron-fuelled Pamplonean bull, stocks lead by financials charged higher (in very low volume) on the back of the Laura Croft of banking analysts Meredith Whitney’s comments. She changed her mind, saying she’s now bullish in the short run that banks can gain another 15% on the back of account sleights of had and helpful legislative changes. She recommended buying Goldman Sachs, whose “results” are due today (shame she missed the first 200% of the price move) and even said BoA is worth a look (the stock soared 9%). But she remains bearish on equities in the longer run saying that unemployment will reach 13%.
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Tuesday, July 14, 2009
Financial Stocks Lead Turnaround in the Stock Market / Stock-Markets / US Stock Markets
The indices had a very strong rally today after a very weak opening and an early sharp drop. They turned around on a dime, with financials leading the way.
Most of that was attributed to a positive outlook by Meredith Whitney, leading bank analyst, who said she was bullish on Goldman Sachs (GS) and thought Bank of America (BAC) was the cheapest bank out there.
Monday, July 13, 2009
Do or Die for Stocks / Stock-Markets / US Stock Markets
Slowly and step by step, the markets have eliminated the gains since May first. Sell in May and go away indeed! With little in the way of “juicy” economic data, the markets fretted about the rumors of another stimulus bill (another cup of coffee for that morning jolt?) that may be indicative of a still weak economy.
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Monday, July 13, 2009
Tech Sector Earnings to Pull U.S. Stock Market Higher / Stock-Markets / Tech Stocks
William Patalon III writes: Stock investors will key next on earnings from tech giant Intel Corp. (Nasdaq: INTC) and banks including J.P. Morgan Chase & Co. (NYSE: JPM) for hints of what to expect in the third quarter -- and how badly the recession hurt businesses in the second quarter. The Standard & Poor's 500 Index and Dow Jones Industrial Average declined for the fourth straight week last week - the longest string of losses since stocks hit their low point in March - and investors are looking at the tech sector to squelch the ongoing decline.
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Monday, July 13, 2009
Soggy End to Yet Another Down Week for Stocks / Stock-Markets / Financial Markets 2009
Stocks were down again on Friday (making it down four weeks in a row) as a fall in fall prices (they had their worst week since January) and a drop in consumer sentiment proved a drag. Chevron joined in the chorus of doom on Friday by warning that Q4 earnings would be “significantly lower” than the preceding quarter, hightening earnings worries. Against such a background, the ordinary punter finds it hard to comprehend that yet again failure is being rewarded; AIG in talks with U.S. over another $250 million in bonuses.
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Monday, July 13, 2009
How Far Can the Stock Market S&P Index Slide? / Stock-Markets / Stock Index Trading
The Technical Trader’s view:
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Monday, July 13, 2009
Stock Index Trading, 1/3rd Bearish Position / Stock-Markets / Stock Index Trading
While this last week gave us a hint that the bears are roaming back into town, the bulls are aware of that - and could be closing up the trash can to prevent the bears from satisfying their hunger.
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Monday, July 13, 2009
Stock Index Trading Weekly Update - 13th July 09 / Stock-Markets / Stock Index Trading
Current Positioning:
SPY: Nil (Cash)
QQQQ: Nil (Cash)
General Commentary:
Sunday, July 12, 2009
Weakening Stock Market Drives U.S. Dollar and Gold Trends / Stock-Markets / Financial Markets 2009
The recent roll over and weakness of the S&P 500 has caused traders to shift out of stocks and begin moving to the 'safe haven' of the US dollar. This action is providing the underpinning for support of the currency, which in turn, is forcing gold to fall. Throughout most of the March-to-June equity rally, money flowed out of the security of US T-Bills and into stocks. This caused the fundamentally weak dollar to drift lower which helped drive the price of gold upward. The precious metal climbed over $100 per ounce from April to June.
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Sunday, July 12, 2009
Stock Market, What's Next? / Stock-Markets / Stock Index Trading
After being bullish for 9 consecutive weeks and having seen the S&P500 fall some 5% over that time, the "dumb money" has finally given up hope. The "Dumb Money" indicator has moved from a bullish extreme to the neutral zone.
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Sunday, July 12, 2009
Correcting Stock Market Calls for Second Economic Stimulus / Stock-Markets / Financial Markets 2009
As I reluctantly start packing my bags after a most enjoyable two weeks of R&R in Europe (see my posts on Slovenia and Switzerland), “Words from the Wise” comes to you a bit more cryptically than usual. However, a full dose of excerpts from interesting news items and quotes from market commentators is included.
Despite having crisscrossed Heidi’s country, I have yet to find the elusive Swiss gnomes to glean what they make of financial markets at this juncture. Meanwhile, the past week has been characterized by a fresh wave of risk aversion, as uncertainty over the global economic outlook took its toll on stock markets, commodities and precious metals, and investors favored safe-haven assets such as government bonds and the Japanese yen.
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Sunday, July 12, 2009
Oversold Stock Market Due a Bounce / Stock-Markets / US Stock Markets
The good news is: The market is overdue for a bounce.
Short Term - As of Thursday's close the Russell 2000 (R2K or !RUT) had been down for 5 consecutive days for the 1st time since before the early March lows.
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Sunday, July 12, 2009
Stock Market Draining Lower...Earnings On Deck... / Stock-Markets / Financial Markets 2009
As the market opened for trading today, the world seemed to be watching whether today would be the day when the highly anticipated 875 Sp neck line would finally break down. We closed seven points above it yesterday and with the futures lower and hovering right near that grand number, anticipation seemed to fill the air. The bears were falling all over themselves thinking today would be it. We opened lower and tried to move higher but that didn't last as the bears came charging in, taking the SP 500 a few points below the magical level.
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Saturday, July 11, 2009
Stock Market Indices End Mixed to Close Out Week / Stock-Markets / US Stock Markets
The stock market indices had a mixed performance at the close today, but not without some volatility, especially in the morning.Read full article... Read full article...
Saturday, July 11, 2009
Stocks Bear Market Rally, Examining the Facts / Stock-Markets / Stocks Bear Market
In the section of his annual letter to his stock-holders explaining why their stock plunged 32% last year, Warren Buffett said, “I did some dumb things in 2008. . . . . sucking my thumb when new facts came in that should have caused me to re-examine my thinking and promptly take action.”
Buffett doesn’t often get caught up in the problems that foil ordinary investors.
Saturday, July 11, 2009
Financial Markets React to the Streamlining of America's Bankrupt Corporations / Stock-Markets / Financial Markets 2009
A leaner GM? - General Motors Corp., which is preparing to sell its best assets to a streamlined new entity, will carry with it liabilities of $48.4 billion, a bankruptcy judge said. Among the liabilities are more than $17 billion of debt to the U.S. and Canadian governments, a workers’ health trust and unspecified foreign lenders, GM said in a June 1 statement. The $48.4 billion also includes accounts payable, pension and other employee obligations and warranties.
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Saturday, July 11, 2009
Cautions for Investors and Traders Regarding Interventions / Stock-Markets / Market Manipulation
Continues from Part1 - Banking Cartels Engineered Financial Crisis Endgame
We issue a word of caution to our readers. So long as The Cartel is in a very active interventional mode (e.g. as in taking down the price of Gold and Silver) do not be lured into thinking that the periodic up spikes in the prices of Gold and Silver necessarily present a "breakout" or a buying opportunity. As a practical matter, technical breakouts are sometimes a lure designed to suck in more "longs" prior to a subsequent deeper Takedown.
Saturday, July 11, 2009
Banking Cartels Engineered Financial Crisis Endgame / Stock-Markets / Market Manipulation
“…what is the reason for this “seemingly random monetary mess that multiplies its momentum every day? The answer, in one word, control. The elite/insiders already have control of the financial system, but they wanted more, much more…and it was not random, it was planned.” (emphasis added)
“How will all the above manifest itself in your life? The answer: “All you own will shrink...your income, assets, net worth, will shrink year after year in real terms inflation adjusted and possibly also nominally.” - HS Letter, April 27, 2008.
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Saturday, July 11, 2009
Top 10 Elliott Wave Theory Investing, Trading and Analysis Resources Special / Stock-Markets / Elliott Wave Theory
The worlds foremost elliott wave theory based forecasting firm, Elliott Wave International (EWI) has made available their key reports, ebook's and analysis of the financial markets and economy for FREE to our readership, this special report lists the key must read resources in the order of importance. ALL of the resources can be accessed freely on registering only ONE email address with EWI.
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