Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Sunday, June 27, 2010
Weekend Market Take, Those Terrible Unions, Greed is not Good and This is Theft / Stock-Markets / Financial Markets 2010
I very much liked Liz Ann Sonders’ take on the markets, she not only has a nice video presentation but there’s a slide show to go with it so kudos to Schwab for providing some very serious value to their clients. Liz has coincident indicators (#6) going up nicely and makes an excellent point about where we are in the norms of recessions past (#8 which is based on recessions between 1950-2010 and annualized Q/Q % change for real GDP. Post-recession growth represents maximum growth one year following recession end):
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Sunday, June 27, 2010
Stock Market Summer Rally or Summer Slump?, MortiES’ Weekend Update / Stock-Markets / Stock Markets 2010
This is the weekend analysis that my premium subscribers received. That is the question! I can make a case for either scenario, but the most recent data that ES has been giving us is Bearish. Not because the market is going down, but because the structure of the market is Bearish.
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Sunday, June 27, 2010
Stock Market Bad Week, Nasdaq Doji, Weekly Bearish Engulfing Candles...... / Stock-Markets / Stock Markets 2010
A week where stocks are down nearly 4% across the board would have to be considered a bad week for the markets. But point losses alone don't necessarily tell the whole or the true story. The question to ask is whether the move down this week is a harbinger of things to come. I will explore this in as much detail as possible.
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Saturday, June 26, 2010
UK FTSE 100 Stock Market Index in Trouble, Further Collapse Warning / Stock-Markets / UK Stock Market
London's FTSE is in deep trouble. New Developments in the Bearish case this week are that the FTSE is forming a Bearish Flag pattern, and has nearly completed the Flag portion of this pattern. Flags fly at half mast in this pattern, meaning the depth of the decline that led into the flag will be the same as the depth of the decline from the flag. This gives a downside target of 4,300ish.
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Saturday, June 26, 2010
Stocks Bear Market Rally Overview / Stock-Markets / Stock Markets 2010
Ever since the rally out of the March 2009 low began, I have maintained that it has been a bear market rally. All the while, the politicians think that their printing spree, bailout plans and stimulus packages have put a bottom in the economy. I continue to hear the talking heads on “CNBS” cheering on the public and in their eyes all they can see is the so-called “double dip” recession. I’m sorry folks, but this is not a double dip recession.
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Saturday, June 26, 2010
Stock Market Ominous Pattern Developing / Stock-Markets / Stock Markets 2010
Banks `Dodged a Bullet' as Congress Dilutes Rules - (Bloomberg) Legislation to overhaul financial regulation will help curb risk-taking and boost capital buffers. What it won’t do is fundamentally reshape Wall Street’s biggest banks or prevent another crisis, analysts said. A deal reached by members of a House and Senate conference early this morning diluted provisions from the tougher Senate bill, limiting rather than prohibiting the ability of federally insured banks to trade derivatives and invest in hedge funds or private equity funds.
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Saturday, June 26, 2010
Beware of Investing in Defensive Stocks! / Stock-Markets / Stock Markets 2010
Just the thought of a double-dip less than a year after the economy began pulling out of the last recession is agonizing. Just the thought of another bear market in stocks so soon, with the S&P 500 still 30% below its peaks of 2000 and 2007, is unbearable for many.Read full article... Read full article...
Friday, June 25, 2010
Stock Market SPX Driving U.S. Dollar Trend / Stock-Markets / US Dollar
So far this year, the US dollar has enjoyed a strong performance. Traders carefully watch this flagship currency since its fortunes affect virtually everything, from world-trade balances to global financial markets to commodities prices. Given the dollar’s universal impact, understanding its drivers is essential for gaming all kinds of markets.
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Friday, June 25, 2010
Stock Market Technical Tipping Point Critical Bear Signal / Stock-Markets / Stocks Bear Market
History will remember this day. Whether or not the equity market cracks tomorrow or the next day or in a few weeks time, today is the day that it gave off a critically important signal.
Today is the day that it showed that the 200 day moving average represents resistance to further rises as opposed to support against further falls.
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Friday, June 25, 2010
Stock Market VIX Volatility Index Continues to Climb / Stock-Markets / Stock Markets 2010
Following the June 19, 2010 article titled "Signs of concern in the recovery process", additional bearish signals continue to develop. The Chicago Options Volatility Index or VIX, which is a measure of risk on the S&P 500, posted a level of 29.74 today. Historically this elevated range only occurs at the crests of bull markets and during bear declines. During the calmer bull market phase, the VIX remains below a reading of 18. This heightened level of almost 30 strongly suggests greater volatility and risk in the markets over the next few months.
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Friday, June 25, 2010
Stock Market Drops On Poor Earnings, Economic News... / Stock-Markets / Stock Markets 2010
Last night we got shocked two times. Two stocks that never fail as far as I can remember both warned on their earnings reports. The month of May, once again, the culprit to these warnings. Bed Bath & Beyond, Inc. (BBBY) and Nike Inc. (NKE) both said things fell faster than they thought would happen and that there will be pricing pressure for the foreseeable future. Both stocks took it on the chin today as they joined previous chin music recipients Best Buy Co. Inc. (BBY), Adobe Systems Inc. (ADBE), ConAgra Foods, Inc. (CAG), Carnival Corporation (CCL), and FedEx Corporation (FDX). Both closed near their lows today off of gap downs. In other words, they're dead stocks for months to come. Nike down 4% and Bed Bath & Beyond down 6%, with gaps now acting as strong resistance.
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Thursday, June 24, 2010
Stock Market S&P at a Crossroads / Stock-Markets / Stock Markets 2010
On Tuesday morning at this time, the emini S&P 500 was around 30 points higher than where it is now, which placed the index above the 200 and 20 DMA's, a much stronger technical position. Now we notice that the e-SPU is attempting to tread water below all of its relevant trending moving averages -- the 20, 50 and 200 -- and the decline could be the formation of the "right shoulder" of a substantial 9-month head and shoulders top (see colored rectangles on the enclosed chart).
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Thursday, June 24, 2010
Stock Market Thrill-Ride Thursday, Jobs or Bust! / Stock-Markets / Stock Markets 2010
What a friggin mess!
Should we worry about jobs, should we worry about Europe, should we worry about Israel nuking Iran before Iran can nuke Israel, is there too much copper, is there too little gold, is the entire Atlantic Ocean going to become uninhabitable? I can go on and on but I hear it will all be solved if we vote Republican in November so that seems like a no-brainer (and some people will get that and some people won’t). Yes, that’s right – Republicans are the answer! But why wait for the voters to decide when so many right-thinking(another one) Congresspeople are able to exorcise (not a typo) majority rule by filibustering a jobs bill – a move that will take 1.2M people off extended unemployment benefits on Friday?
Thursday, June 24, 2010
Sovereign Debt Worries Return to Plague Stock Markets / Stock-Markets / Stock Markets 2010
Away from the Footie which is rapidly looking like are run of World War 2 with French surrendering early, the American’s only showing up at the last minute and it’s left to the English to beat the Germans (again) it was another choppy session on Wall Street where stocks showed some reliance after the Federal Reserve acknowledged that the European sovereign debt and bank liquidity crisis may harm American growth and new home sales sank to a record 30 year low. General Electric, Chevron and Microsoft all retreated more than 1.7% after the Fed’s Open Market Committee statement said “financial conditions have become less supportive of economic growth on balance.” While Adobe Systems shed 7.3%, reaching the lowest price since July, after forecasting revenue that may miss the average analyst estimate.
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Thursday, June 24, 2010
Horrible U.S. Home Sales... / Stock-Markets / Stock Markets 2010
Trade Recommendations: Take no action.
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Thursday, June 24, 2010
Stock Market Good News, Bad News / Stock-Markets / Financial Markets 2010
Here's how we see the future action.
The market is set up for a bounce and the Fed meeting didn't change much. The market is all about energy and there is energy for a rally. The issue here is that if we move lower into 6/28 (our next key reversal date) then we bounce into July 10th and then move WAY lower into August.
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Thursday, June 24, 2010
Sovereign Debt Crisis Bad For Europe, Good For U.S. Stocks / Stock-Markets / Stock Markets 2010
Jon D. Markman writes: For several months now, we've been talking about the post-financial-crisis "new world order" that's emerged from the speculative excesses, recessionary realities and regulatory breakdowns of recent years. This new world order has created a world of lucrative new profit opportunities - that are governed by a new set of profit rules.
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Thursday, June 24, 2010
Max Keiser Report on Financial Market Scandals / Stock-Markets / Financial Markets 2010
This time Max Keiser and co-host Stacy Herbert look at the latest scandals of a rating agency's threats, a two-tiered euro, and a rising gold price. In the second half of the show, Max talks to Gary Rivlin, author of Broke, USA.
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Thursday, June 24, 2010
Fed Signals A Very Weak Economy--Earnings Poor..Market Yawns... / Stock-Markets / Stock Markets 2010
The market waited anxiously to hear what Fed Bernanke would say today about the state of the economy. He told us all that the economy, in a word, stinks. He said a lot of negative things mixed in with a dash of this and that, but the thing that was most negative was his telling us that interest rates will stay near 0 for the foreseeable future. This is his way of telling us things are so bad out there that interest rates can't come off 0. Think about that folks. 0!!!
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Thursday, June 24, 2010
Dollar, Gold, Oil and the SP500’s Mid-Week Trading Video / Stock-Markets / Financial Markets 2010
It’s been a crazy week for gold, oil and the SP500 again…. Since the market top in April we have seen large moves almost EVERY day in the market. I would say this is one of the toughest times for traders as you must be very quick to enter and exit if you want to lock in any profits. Good news is that things should start to smooth out in the next week or so if stock kick into rally mode.
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