Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.
Saturday, September 27, 2008
WaMu America's Biggest Bank Failure / Stock-Markets / Financial Markets
By: Anthony_Cherniawski
In what is by far the largest bank failure in U.S. history, federal regulators seized Washington Mutual Inc. and struck a deal to sell the bulk of its operations to J.P. Morgan Chase & Co.
The collapse of the Seattle thrift, which was triggered by a wave of deposit withdrawals, marks a new low point in the country's financial crisis. But the deal, as constructed by the Federal Deposit Insurance Corp., could hold some glimmers of hope for the beleaguered banking system because it averts any hit to the bank-insurance fund.
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Saturday, September 27, 2008
End of the Financial World- LIBOR TED Spread Flashes Trouble / Stock-Markets / Credit Crisis Bailouts
By: John_Mauldin
- Who's Afraid of a Big, Bad Bailout?
- It's the End of the World As We Know It
- The TED Spread Flashes Trouble
- The Transmission Mechanism
- Let's Make a Deal
Flying last Tuesday, overnight from Cape Town in South Africa to London, I read in the Financial Times that Republican Congressman Joe Barton of Texas was quoted as saying (this is from memory, so it is not exact) that he had difficulty voting for a bailout plan when none of his constituents could understand the need to bail out Wall Street, didn't understand the problem, and were against spending $700 billion of taxpayer money to solve a crisis for a bunch of (rich) people who took a lot of risk and created the crisis. That is a sentiment that many of the Republican members of the House share.
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Saturday, September 27, 2008
Growing Risk of Stock Market Crash / Stock-Markets / Financial Crash
By: Marty_Chenard
As you know, a strong oppositional disagreement occurred in Congress last night causing the current Bail Out Plan to be on hold. This was bad timing as Washington Mutual collapsed last night with J.P. Morgan buying their assets.
What is now developing is a "confidence crisis" in our banking system, the Federal Reserve, and our Government. That means Congress has less time to act because the probability of panic break outs are increasing.
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Friday, September 26, 2008
Stock Markets In Limbo Awaiting Bailout Decision / Stock-Markets / US Stock Markets
By: Mike_Paulenoff
With about three hours remaining in this crazy week, let's notice this morning's weakness established a secondary low in the e-Mini Dec S&P for this week at 1194.75 compared with Wednesday's low at 1180.25--and compared to the week ago yesterday (9/18) low at 1136.25. Can we call these three lows part of a near base-building effort? Yes, unless 1180.25 is violated, which will weaken the base-building scenario. To trigger initial upside confirmation of a near-term base, the e-SPZ -- a proxy for those trading the S&P 500 Depository Receipts (AMEX: SPY) -- must hurdle and sustain above 1218 and then 1225.00. For the time being, however, the index is in limbo -- along with the US Congress.Read full article... Read full article...
Thursday, September 25, 2008
America's Financial Apocalypse, What Can YOU Do as an Investor? / Stock-Markets / Financial Crash
By: Mike_Stathis
Dividends At this point, there is very little you can do. If you have suffered large losses, you either have traditional mutual funds or you believed what the “experts” told you on television; perhaps both. If you have not already liquidated your holdings in the stock and bond markets, you might consider doing so after some market strength, if in fact that occurs anytime in the near future. Your ultimate decision should depend in part on your tolerance for more downside, your investment horizon, and whether you can write-off your losses. If you insist on remaining in the market, I continue to recommend healthcare, oil trusts, and cash.
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Thursday, September 25, 2008
China Stock Market ETF Heading Higher / Stock-Markets / Chinese Stock Market
By: Mike_Paulenoff
As long as the recent pullback low at 35.58 remains intact and a viable near-term price floor, the overall pattern in the iShares China ETF (AMEX: FXI) off of the 9/17 low at 30.25 argues in favor of a revisit of last Friday's high area of 39.00-40.00.Read full article... Read full article...
Wednesday, September 24, 2008
Who to Blame for America's Financial Crisis ? / Stock-Markets / Credit Crisis 2008
By: Ronald_R_Cooke
Time for a reality check - The traditional checks and balances of America's financial system have been deliberately bypassed. The Real Estate industry has encouraged the production of very high risk mortgage applications. Most of the Banking system has ignored its responsibility to monitor the credit worthiness of mortgage applicants. And these worthless debt instruments were then passed on to Wall Street which sliced and diced them into $$ billions of highly questionable securities called Collateralized Debt Obligations, Mortgage Backed Securities, credit default swaps, or whatever other name Wall Street's MBAs could dream up. And of course, everyone dipped their hands into the cookie jar along the way. Millions and billions of dollars. Get rich selling worthless paper. Read full article... Read full article...
Wednesday, September 24, 2008
Moral Hazard and the Aggregate Wealth Portfolio / Stock-Markets / Credit Crisis 2008
By: Mack_Frankfurter
The largest financial bailout in United States history, which some traders are starting to call the ‘Securitized Housing Investment Trust' (hint: think acronym), is causing an existential crisis amongst those who hold to purest free market ideology. Senator Jim Bunning, Republican of Kentucky, echoed this sentiment when he said, “The free market for all intents and purposes is dead in America .” These ideologues doth protest too much, methinks. Read full article... Read full article...
Wednesday, September 24, 2008
Historic Week: US Government Avoids Financial Armageddon / Stock-Markets / Credit Crisis 2008
By: NewsLetter
September 22nd , 2008 Issue #27 Vol. 2Dear Reader,
The financial markets aptly ended a tumultuous week with record busting rallies as Hank Paulson at the US Treasury suspended the FREE MARKET so as to prevent a collapse of the financial system. The two triggering events for the turnaround in stock markets were
a. The SEC banning of short-selling of 799 financial stocks.
b. The US government announcement of the intention to buy up bad bank debt, where the initial outlay will cost the US Tax payer 700 billion.
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Wednesday, September 24, 2008
Which S&P P/E Ratio Are We Talking About? / Stock-Markets / Stock Market Valuations
By: Richard_Shaw
Business news about earnings and P/E ratios is frustrating and flawed. If you listen to and read enough reports, you find wide variances in the numbers. Why?
It's all about the “E”. Nobody has trouble figuring out the “P”, but the “E” has many possible meanings:
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Tuesday, September 23, 2008
Stock Market Meltdown –Watching Rome Burn / Stock-Markets / Financial Crash
By: Steve_Selengut
Both presidential candidates want to crucify SEC Chairman Cox for failing to control our creative financial institutions. But rumor has it that Congress specifically excluded the devilish derivatives from SEC purview. Let's fire the right bunch of "poips" for a change! Scary markets are brought about by many factors, some normal, and some not so normal. It's often helpful to look backwards before getting too paranoid about the present. The S & L crisis of the early 80s might be an appropriate starting point.
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Tuesday, September 23, 2008
Financial and Economic Collapse has Begun! / Stock-Markets / Financial Crash
By: David_Vaughn
I believe I remember vividly that I wrote at the beginning of this decade around 2002 or 2003 that it would be under President George Bush's watch that the financial collapse would begin in earnest.
It is a historical fact that the few years following 1929 witnessed the addition of 10,000 or so new millionaires in the US . I suppose these were those out of debt and who had prepared for the events of those days. Those days are now repeating themselves once again in our humble generation. Our nation today is definitely hurtin' for certain. And the blood is running in the streets!
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Tuesday, September 23, 2008
Bailouts Will Not End the Stocks Bear Market / Stock-Markets / Stocks Bear Market
By: Money_and_Markets
Sharon A. Daniels writes: The Dow first brushed up against the 1,000 level when I was just a kid, and by the time it closed above 1,000 for good, I was old enough to have kids of my own.
The entire period of the late '60s, the full decade of the 1970s, and even the first few years of the '80s, was one long and painful secular bear market in stocks. This period was basically a "lost decade-and-a-half" for investors.
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Tuesday, September 23, 2008
ETF's Hit Harder by Credit Crisis Volatility than Indices - Yorba TV Show / Stock-Markets / Exchange Traded Funds
By: Anthony_Cherniawski
Last week was one of the most volatile weeks seen since 1987. On Tuesday's show I warned that it was not a good place to go short, since my model suggested a rally by the end of the week. A look at the chart showed a bullish wedge being formed (see the chart). Usually a bullish wedge will retrace its total decline, which means that it may still rally up to 1300 to 1320. However, I would not put my hopes too high on that possibility. The move after that should be much more bearish.Read full article... Read full article...
Tuesday, September 23, 2008
Credit Crisis Analysis and Conclusions / Stock-Markets / Credit Crisis 2008
By: John_Mauldin
This week we look at a very solid piece of analysis on the world economy from my friends and London business partners Niels Jensen and Jan Wilhelmsen of Absolute Return Partners ( www.arpllp.com ). I find it is quite useful to read the considered opinions of those from outside the US and particularly from people who have developed keen insight from years in the trenches. Niels and Jan are certainly in that category. The world economy is clearly out of balance and they point out where some of the opportunities and problems lie. I think you will find this edition of Outside the Box quite useful. If you care to, you can write them at info@arpllp.com . Read full article... Read full article...
Monday, September 22, 2008
Dead Zombie Banks Rise From Their Financial Graves / Stock-Markets / Credit Crisis Bailouts
By: V_Clark
The Return of the Mutant Flying Pigs -
Things are getting curiouser and curiouser. This Friday, in a new financial landscape dreamed up by Salvador Dali in collaboration with Troma films, the banking dead were rising from their graves and financial stock zombies were seen stumbling through the trading day with the disjointed, uncertain gait of trauma victims being forced to take a long march when they would rather take a nice ride on a gurney.Read full article... Read full article...
Monday, September 22, 2008
Paulson's Bold Bailout Plan Supportive of a Stock Market Bottom / Stock-Markets / Credit Crisis Bailouts
By: Paul_J_Nolte
Trust me, I'm from the government and I'm here to help. In essence, those words are exactly what Treasury Secretary Paulson is saying in laying out the bailout of the banking system. He would have rein over hiring of managers to purchase the debt and be able to do so as needed without oversight from any other part of government. While desperate times require desperate measures, this might be a bit too desperate. The limit on national debt will be raised by nearly $1 trillion and gives the Treasury the authority to buy up to $700 billion in mortgage related assets. While there are few worries if the plan works, the proposal severely hamstrings the government to act on any other issue that may come up and is likely to increase government borrowing over the coming two years from sources that are already up to their eyeballs in our paper.Read full article... Read full article...
Monday, September 22, 2008
Deleveraging Delusions, Denial, and Disorder / Stock-Markets / Credit Crisis 2008
By: Captain_Hook
When first conceptualizing this piece I thought long and hard on an appropriate title. The first one that came to mind was ‘Deer In The Headlights – Desensitized To Risk'. And most certainly, this title does capture the essence of what has happened to the vast majority of the investing population. Through years of propagandized conditioning sponsored by corporate America, its self-serving financial institutions, and the governments they have put in place, the media has been used to desensitized investors to the risks associated with the financial markets, debt (excessive borrowing), and a fiat currency system designed to enslave the unwary. (i.e. and serve the elite.) Read full article... Read full article...
Monday, September 22, 2008
The Fed and Government Have NOT Erased Investor Fears... / Stock-Markets / Volatility
By: Marty_Chenard
As you may recall, last Friday we mentioned that, "The big problems have not been erased. We still have rising unemployment, a credit crunch, a recession, and a weak economy that many analyst expect to weaken further." ... and, "My point is that, if we do get an upside rally, it will still be an up move in a Bear Market. Before anyone gets exuberant, investors need to see if Institutions will back a rally, and that did not happen yet in yesterday's (Thursday's) short covering rally. " Read full article... Read full article...
Monday, September 22, 2008
Paulson Will Morph Toxic Banks into Toxic US Dollars / Stock-Markets / Credit Crisis Bailouts
By: Michael_Swanson
This Doesn't Have to Happen - On Thursday right before CNBC reported on rumors of the bank bailout plan, Ben Bernanke was meeting with lawmakers and selling the plan to them. Inside a conference room that is part of Speaker of the House Nancy Pelosi's office he was meeting with the Congressional leadership. According to the Washington Post he told them that if they don't pass the plan "it will be nothing short of disaster for our markets." He claimed that stock market would crash and money market funds would get wiped out.
In a conference call with Republicans on Friday Bernanke said, "many of your constituents hold money in money markets — those funds are losing money" and now the "critical issue is what do we do about these bad assets clogging up our credit system.”
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