Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Thursday, May 17, 2012
When Will The Flight Out Of Euros Benefit Gold and Silver Prices? / Stock-Markets / Gold and Silver 2012
Around the year 1650 A.D. the word highwaymen entered our language. It referred to robbery committed on a public road against travelers. Now we use the phrase "highway robbery" for which we pay the tolls to travel on modern day roads. The highwaymen alas are among us and we have elected them. At such times it would not take much more in the destruction of mining equities to make investors feel as if they have been seduced by sweet talk and abandoned to the wolves of Wall Street by latter day highwaymen.
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Thursday, May 17, 2012
Get Ready for Another 2008-Style Financial Crisis / Stock-Markets / Credit Crisis 2012
Well, my hat is off to the global central planners for averting the next stage of the unfolding financial crisis for as long as they have. I guess there’s some solace in having had a nice break between the events of 2008/09 and today, which afforded us all the opportunity to attend to our various preparations and enjoy our lives.
Alas, all good things come to an end, and a crisis rooted in ‘too much debt’ with a nice undercurrent of ‘persistently high and rising energy costs’ was never going to be solved by providing cheap liquidity to the largest and most reckless financial institutions. And it has not.
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Thursday, May 17, 2012
Apple Stock Runs Out of Feul and Breaks Support, Market Action Poor.... / Stock-Markets / Stock Markets 2012
Apple Inc. (AAPL) is a leading stock as we all know too well by now. The single most loved stock on planet earth. No other stock is as closely watched. No other stock gets as much love. No other stock gets bought as quickly as Apple does. That is, until it no longer does. Everything becomes full over time. When all anyone wants to do is talk about a given stock, it's time to look elsewhere. The good news is all in and it's flush-down time. There's only so much a single stock can give, before it runs out of fuel. Every stock over time runs out of fuel. There are no exceptions, bigger picture, over the years. Apple is now down just a little over one hundred dollars from its all-time highs. It's not going to be seeing those old high readings again anytime soon.
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Thursday, May 17, 2012
Stock Market Cycles Indicate Downtrend Incomplete / Stock-Markets / Cycles Analysis
The S&P 500's 20 & 40 day cycle lows are due May 17-18, which pretty much means any time now. In view of today's strength, was yesterday's low THE CYCLE LOW? Or is this up-move a head fake ahead of another plunge in the indices into Thursday & Friday, or perhaps into next Monday or Tuesday (in the event of a late cycle low)?
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Wednesday, May 16, 2012
Financial Crisis 2012, No, None of This Makes Any Sense / Stock-Markets / Credit Crisis 2012
After the financial crisis in 2008, "Too-Big-To-Fail" banks had to go. In 2006, the four largest banks - J.P. Morgan Chase, Bank of America, Citigroup, and Wells Fargo - held 33% of U.S. bank assets. Now, they hold 41% of U.S. bank assets and grow by the minute.
The Federal Reserve is, at least on paper, the country's leading bank regulator. Instead, it behaves like the TBTF banks' turbocharger. Federal Reserve Chairman Ben S. Bernanke is full of talk, and nothing else:
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Wednesday, May 16, 2012
Stock Markets Remain Addicted to QE, Why We're Turning Japanese / Stock-Markets / Financial Markets 2012
When you've been working the markets as long as I have, you learn that the biggest dangers are always found in a place just over the horizon.
It's why I spend my time hunting for stories, news items and opinions that in the old days were considered far "below the fold."
Wednesday, May 16, 2012
Turning Andrews Pitchforks into Predictable MAP Cycle Forks, MAP Analysis Part 6 / Stock-Markets / Stock Markets 2012
Apology – after re-reading it comes across as all analysis is rubbish except for mine. There is good analysis and bad analysis but I am trying to point out there is a difference between systematic and random. Using systematic analysis you can constantly revise and improve your analysis, where as if you are not systematic and object and draw random lines here and there to substantiate your feeling – that depends on which way the wind blows.
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Wednesday, May 16, 2012
Stock Market S&P QE3 Update / Stock-Markets / Stock Markets 2012
The S&P is within its daily 345 SP to D3 cycle fork .
It has broken below its 4H345 MLL - next cycle line WL-1.
Prices are moving down the 4H123 ML but are not expected to make the MLL due to the support of the W345MLU, D12 cycle fork MLL, D345 WL-1, D345SP to D3.
Wednesday, May 16, 2012
Tankage!! SPX and Metals Overview / Stock-Markets / Financial Markets 2012
When I wrote the last article on the metals, I was looking for lower gold and silver prices in the summer. Gold and Silver are at 3 month lowsIn the article I said GLD would fall to $150 and we are there now. So now what?
I didn't want to leave you hanging, so I have included a short update.
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Wednesday, May 16, 2012
U.S. Stock Market Indexes Break Support / Stock-Markets / Stock Markets 2012
Following the May 9th 2012 Market Minute titled " Downward trend starts", the Dow Jones Industrial Average and the S&P 500 have both broken their key support levels and now appear to be moving lower. The US indexes were one of the few world equity markets that had not started to decline in April or early May.
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Tuesday, May 15, 2012
Gold, Forex and Stocks Intermarket Analysis and Trading Chart Setups / Stock-Markets / Financial Markets 2012
We would first like to give a quick update on the state of fundamental data and policitcal situation before we dive deeper into technical charts and forex setups.
French Election
With 51.7% of the vote, the socialist Hollande has narrowly won the French presidential election. At the election to the National Assembly due to take place in June, his side should win the majority needed to govern. However, Hollande’s victory makes the battle to contain the sovereign debt crisis even more complex. Hollande largely ignores France’s economic problems; the French economy is likely to drift further southwards. It will also make it even harder for France and Germany to agree a common line. The ECB will continue to de facto finance the peripheral countries by printing money for longer than many had feared.
Tuesday, May 15, 2012
VIX Reflects Escalating Concerns About the Stock Market / Stock-Markets / Stock Markets 2012
Prior to the open on May 7, we discussed concerns about Greece (GREK) and outlined evidence of slowing momentum in stocks. Since then, the S&P 500 has dropped 31 points. On the morning of May 15, some better than expected data came from Germany with GDP growing 0.5% in the first quarter versus expectations of 0.1%. As shown below, the German DAX Index (EWG) is having trouble holding on to its early morning gains (as of 7:35 a.m. EDT). If the DAX cannot rally on better than expected news, it is not a good sign for risk assets in general.
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Tuesday, May 15, 2012
Is Europe's Exodus Nigh? / Stock-Markets / Eurozone Debt Crisis
InformedTrades writes: Is the Exodus for Euro project indeed nigh? Anti-bailout voices have vehemently espoused so but there are two sides to every coin (or drachma). The fundamental picture hasn't changed by a great deal since I started writing about Europe's extreme pilgrimage through fire and brimstone. However with the passage of time and the very recent rhetorical jawboning and haranguing, the schism between the world's delusional make-believe and reality has shrunk; the gap is being bridged further by fast paced developments in the political arena of Greece and France, serving as a catalyst for the truth.
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Tuesday, May 15, 2012
High Risk of Near Term Global Financial, Stock Market Crash / Stock-Markets / Financial Crash
At each juncture, I look at the available information as represented in the market price and technical data. I approach the body of evidence without preconception and with an open "beginner's mind". I see what I see. I analyze. I develop a set of probabilistic outcomes and then rank them. Then I write my report. I simply report my findings.There is an extraordinarily high risk of some variety of global market panic in the relatively near term. In fact, I would say that there is a extant setup that is as perfectly aligned for an extreme market event as could be dreamed of by the most bearish of permabears. I'm no permabear, but a thorough review of the current price and technical charts has revealed an inordinate confluence of data points which collaborate to represent a very high risk profile. The current extreme risk profile is amplified by a nearly total lack of recognition on the part of market participants. A deflationary episode, potentially on the scale of the 2008 event, is presently on the table. Investors would do well to at least consider the facts, analysis and conclusions of this report.
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Tuesday, May 15, 2012
Europe Does It Again..... / Stock-Markets / Stock Markets 2012
We woke up to futures down over one hundred points this morning. There were two main culprits, bad news out of Greece on their financial situation, which keeps taking turns for the worst, and the political headache for Chancellor Angela Merkel out of Germany, the opposition party winning a key election not necessarily friendly with her views. Merkel is desperately trying to hold Germany out of the financial crisis inflicting the rest of the Euro-zone. She'll have one less friend to work with now. Certainly, she doesn't need opposition right now, but it's what she'll be getting.
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Monday, May 14, 2012
Greece May Trigger Bearish Stock Market Pattern / Stock-Markets / Stock Markets 2012
Over the weekend, there was little in the way of good news coming from Greece. According to Bloomberg:
Greece’s biggest anti-bailout party, Syriza, said for the second time in as many days that it won’t join a unity government, pushing the country closer to new elections that have sparked concerns about a euro-area exit.
Nine-MSN, in a story dated May 14, also gives little encouragement relative to progress in Greece:
Read full article... Read full article...Emergency Greek cabinet talks have yielded no clear progress, raising the prospect of new elections that could scupper reforms and drive the country out of the eurozone. If a cabinet cannot be formed by Thursday, when parliament convenes, new elections will have to be called in June.
Monday, May 14, 2012
Financial Markets Head Firmly In The Sand! / Stock-Markets / Financial Markets 2012
We now see signs of deflation everywhere except of course in the news where they still insist in talking about the possibility of inflation. On Friday we saw that a drop in gasoline prices dragged producer prices down in April by the most in six months, according to data released by the government on Friday. The Labor Department said producer prices fell a seasonally adjusted 0.2% in April to mark the biggest decline since October. The unadjusted 12-month rise of 1.9% in the rate of wholesale-level inflation was the weakest since October 2009. Energy prices tumbled 1.4% on the month due to a reversal of a recent spike in oil prices as well as continued weakness in natural-gas prices. Prices of intermediate goods, which are partly processed items like flour or lumber, shrank 0.5%, which also was the largest drop since October. Prices of crude materials like raw cotton, grains and crude petroleum tumbled 4.4%. Besides energy, other notable drops came from corn, which dropped 5.6%, and scrap aluminum, which skidded 6.4%.
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Monday, May 14, 2012
Global Stock Markets Turmoil on the Way? / Stock-Markets / Global Stock Markets
Stock Markets around the world have been on a roller coaster ride for the past couple of weeks. Poor market sentiments does not augur well for the markets either. From the oil embargo in the Middle East to the debt crisis woes in Europe added more volatility to the already fragile markets.
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Monday, May 14, 2012
Stocks Bear Market Focus Point: Bull Trap confirmed – Six weeks is a long time for a Banker / Stock-Markets / Stocks Bear Market
Recent ““errors, sloppiness and bad judgment” by JP Morgan have shown the world that the D-Word genie, after sleeping off its last travail into an “unsuspecting” financial world has escaped again, to wreak havoc on our loving and ever too trusting bankers. Of course this begs the obvious question – if the highly technically advantaged JP Morgan can stuff up their dealings with derivatives so easily, surely this can happen to others as well – which beggars the question of who shall be next? The very nature of greed combined with huge amounts of cheap money, the continuing lack of open and honest disclosure and targeted and effective regulation, means that it is only a matter of time before history repeats itself. And as long as governments lack the will to enforce these measures, you can be sure that bankers will continue to find ways to persevere with their high risk ways.
Monday, May 14, 2012
Stock Market Line In The Sand About To Be Tested / 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 - The intermediate uptrend is still intact and so is the extended short-term correction.
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