Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Wednesday, August 25, 2010
Tuesdays Ugly Stock Market Trading, S&P Lowers Irelands Credit Rating / Stock-Markets / Stock Markets 2010
European markets slide significantly as worries over debt continue to be a concern...
Recommendation: Take no action.
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Wednesday, August 25, 2010
The Stock Market Has Become Fatally Expensive, Devaluation Wave Could Push Stocks To March 2009 Lows / Stock-Markets / Stocks Bear Market
As I said in last week’s column, liquidity indicators and leading economic indicators have deteriorated quickly since March. At the same time sentiment indicators reached levels usually seen at stock market highs. All three are the main components of my forecasting model.
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Wednesday, August 25, 2010
Hindenburg Omen Redux, How Dire Is It Anyway? / Stock-Markets / Financial Crash
The Hindenburg Omen was triggered again last week, as reported by the WSJ MarketBeat. This is the second time this month since its first occurrence on Aug. 12. For those not familiar with the term, the Hindenburg Omen is essentially a combination of four bearish technical indicators on the NYSE occurring on the same day, which would signal increased probability of a stock market crash.
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Wednesday, August 25, 2010
Stock Market Underlying Support Fades / Stock-Markets / Stock Markets 2010
Following the August 18 Market Minute titled "S&P participation remains weak", underlying support for the S&P 500 has deteriorated during the last few days. On August 18, the percentage number of advancing stocks within the broad-based index had fallen to 50%. In contrast, at the peak of the bull advance in April, that percentage number was over 75%.
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Wednesday, August 25, 2010
A Squeeze on the NYSE 'New Highs'? / Stock-Markets / Stock Markets 2010
Conditions are getting close to a decision point on the New York Stock Exchange's daily New Highs.
On June 29th, the New Highs had hit a low and started an ascent that lasted until August 2nd. when they peaked and started trending down.
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Tuesday, August 24, 2010
The Stock Market Crash Hindenburg Omen, Omen-ous or Not? / Stock-Markets / Financial Crash
Elliott Wave International Chief Market Analyst Steve Hochberg Sheds Light on a Feared Technical Indicator
On Aug. 12, volatile market action coincided with a technical signal called the Hindenburg Omen, whereby a relatively high number of new highs and lows in individual stocks occur at the same time.
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Tuesday, August 24, 2010
Stock Market Technically Troubling Tuesday / Stock-Markets / Stock Markets 2010
We finally blew our levels!
Sadly, it’s time to flip bearish until we can retake our watch levels at Dow 10,200, S&P 1,070, Nas 2,200, NYSE 6,800, and Russell 635. If we can’t retake at least 2 of them today, we may be seeing 2.5% drops back to Dow 9,945, S&P 1,043, Nas 2,145, NYSE 6,630 and Russell 619. Since the Russell already blew 619 we have to consider the possibility of even a test of our 5% lines at Dow 9,690, S&P 1,016, Nas 2,090, NYSE 6,460, and Russell 603.
Tuesday, August 24, 2010
CRH Profit Warning Spooks Building Materials Stocks / Stock-Markets / Stock Markets 2010
The early doors M&A optimism faded Monday into the US close with the S&P 500 (-0.40 percent) closing at the lows for the session and at 5-week lows as fresh concerns the economy may return to recession overshadowed speculation takeovers will accelerate. Caterpillar and Cisco Systems both lost at least 2.5 percent to lead the Dow Jones Industrial Average lower. Hewlett- Packard shed 2 percent after offering to buy 3Par Inc., sending the data-centre software company’s shares up 45 percent while Potash Corp. of Saskatchewan climbed for a sixth day on speculation the fertilizer maker will get a higher takeover bid.
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Tuesday, August 24, 2010
Stock Market Mergers and Aquisions Buzz Fades... / Stock-Markets / Stock Markets 2010
The optimism that powered pre-market trading faded as the bulls can't sustain any sort of momentum...
Recommendation: Sell shares of DIA, QQQQ, and SPY at market fifteen minutes after the open. This will leave us in cash but we believe that equities will bounce due to their large gap down open.
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Tuesday, August 24, 2010
Stock Market Losing Session Closes Near Key Support / Stock-Markets / Stock Markets 2010
The stock market indices ended mixed on the day today after a mid-day and afternoon rally brought them back from early losses. The S&P 500 and Nasdaq 100 opened lower, tried to bounce in the morning, but then gave it up. They hit new lows for the entire decline on the SPX down around 1063.90. At that point the NDX held near yesterday's lows around 1811, and without getting any further downside follow-through, the indices began a snapback. When the morning rally highs were taken out they extended that rally, but backed and filled in the last hour. They backed off, particularly in the last few minutes, to remain negative in the blue chips, but the NDX managed to stay positive today.
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Tuesday, August 24, 2010
Stock Market Finds A Way...But On The Edge Of Breaking Down.. / Stock-Markets / Stock Markets 2010
Breaking markets down is never an easy chore. The problem for the bulls is that they have yet to get the type of news that would allow them to break this market out, thus the stalemate we are seeing for the past several months. All the bulls need is a little good news to get them moving higher. It needs to be soon one would think, or the floor may finally fall out form underneath them. 2170 is a key level since that's where the long-term up trend line comes in off the March 2009 lows, and on the weekly chart. 2167 is the 70-week exponential moving average. A strong confluence of support the bears just can't seem to make happen with force for themselves. A good start today, but no force yet.
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Monday, August 23, 2010
Fascinating Fibonacci Price Grids and Intraday S&P 500 Price Action / Stock-Markets / Stock Markets 2010
Analyzing a 2-day 15-minute interval S&P 500 chart from last week, August 19-20, 2010, provides a valuable lesson in Fibonacci ratio related market action. The Level 3 grid included in the chart below comes from drilling down through the Fibonacci ratio price grids in the entire 1982-2007 bull market. What this chart demonstrates is that investors and traders that do not track the current Fibonacci price grids might as well be investing and trading wearing blindfolds.
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Monday, August 23, 2010
Hindenburg Stock Market Crash Omen is Nonsense Says BubbleOmics / Stock-Markets / Financial Crash
Apparently there has been another Hindenburg Omen sighted, and apparently also one of those has preceded every US stock market crash since 1985.
Robert McHugh has a table that proves that: http://www.marketoracle.co.uk/Article22097.html
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Monday, August 23, 2010
Investors Going All in on Bonds Dot Com Bubble Style! / Stock-Markets / Financial Markets 2010
Bond funds are attracting cash like stocks during the dot-com boom.
That’s the headline this morning on Bloomberg, who says: "The amount of money flowing into bond funds is poised to exceed the cash that went into stock funds during the Internet bubble, stoking concern fixed-income markets are headed for a fall. Investors poured $480.2 billion into mutual funds that focus on debt in the two years ending June, compared with the $496.9 billion received by equity funds from 1999 to 2000, according to data compiled by Bloomberg and the Washington-based Investment Company Institute." $480Bn?!? Whuck!?!
Monday, August 23, 2010
Six Reasons To Buy Stocks In The Short-Term / Stock-Markets / Stock Markets 2010
When looking at the charts, we see a potential bull count, specifically this wave 2 morphing into a bigger wave 2.
What is interesting are a few tidbits that make us think a little deeper about us possibly being still in wave 2.
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Monday, August 23, 2010
Fear Of God, the Fed's Primary Tool / Stock-Markets / Financial Markets 2010
The fear of God – or the perception of power – this is the primary tool of the Fed these days. It’s not credibility anymore, as this has been damaged to the same extent as its balance sheet. This is widely understood as a primary fundamental within the larger scheme of things in that the dollar ($) is the world’s primary reserve currency, where expectations associated with renewed Quantitative Easing (QE) is common place, and now talk of hyperinflation is growing amongst the more plugged in market observers. And it’s this that accounts for the growing and extreme bearishness amongst speculators concerning the $.
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Monday, August 23, 2010
Fresh M&A Talk Lifts Stocks / Stock-Markets / Stock Markets 2010
US stocks fell Friday, extending a second straight weekly decline for major benchmarks, as a drop in commodities pulled oil and metals producers down amid concern the economic rebound may be flagging. Research In Motion slumped 3.5 percent as the maker of the BlackBerry smartphone was cut to “underweight” at Morgan Stanley. The firm also trimmed its share-price estimate for tech bellwether Hewlett-Packard sending the stock down by 2.2 percent the biggest drop in the Dow. Elsewhere Freeport- McMoRan Copper & Gold and Schlumberger both declined at least 1 percent to help lead declines in commodity producers.
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Monday, August 23, 2010
Stock Market Trend In No-Man's Land... / Stock-Markets / Stock Markets 2010
The major indexes closed mixed and market participants are on edge over whether this a bottom or the beginning of a significant slide.
Recommendation: Take no action.
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Monday, August 23, 2010
What's Ahead on Wall Street as Investors Tackle a Slow Economic Recovery / Stock-Markets / Stock Markets 2010
Jon D. Markman writes: Wall Street was hit hard last week with gloomy data that has kept buying interest stalled and investors spooked over a slow economic recovery.
Stocks slipped over the past week after investors learned from government reports that jobs are getting scarcer than straw hats in a wind tunnel, and it isn't always sunny in Philadelphia.
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Monday, August 23, 2010
The Hindenburg Omen, A Potential Fat Tail Event on the Horizon? / Stock-Markets / Financial Crash
The S&P 500 has been flashing a number of technical signals to the market over the month of August. Amongst the various signal we had an inverse head and shoulders and an ascending wedge giving investors bullish and bearish signals. August 11th provided a resolution with the ascending wedge breaking down and the market moving significantly lower. More troublesome was the market's action the next three trading days. After large moves in one direction the market typically consolidates in the opposite direction as short term traders look to book profits and others buy on dips/sell into strength. What we had was the opposite, a market that could not move higher and instead drifted lower.
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