Analysis Topic: Stock & Financial Markets
The analysis published under this topic are as follows.Tuesday, December 04, 2007
G7 Creating Rolling Asset Bubbles That Implode - Fingers of Instability, Part 14 / Stock-Markets / Global Financial System
In This Issue- 3 Fingers of Instability
- Moral Hazard, Herding Cats and Shades of Japan !
- Ghosts of Christmas “Future”
- Shocking News!
Introduction
The “fingers of Instability” series will be wrapped up next week (in the months and years ahead we will bring you short vignettes). It's been a fun and enjoyable mental exercise but it has now unfolded pretty much as outlined since it began. It is prelude to the next chapter in the unfolding demise of the G7 and its financial and monetary systems. But it has a long way to run (several decades in my estimation) and the opportunities are generational in scope. Wealth will shift from one group to another and change the face of the Globe.
Tuesday, December 04, 2007
S&P 500 Index Medium Term Cycles Analysis / Stock-Markets / US Stock Markets
S&P 500 CASH IndexS&P 500 Cash Index - 11/30/07 Close - 1481.14
SPX CASH: 5-Day Projected Support and Resistance levels: High - 1526; Low - 1444
DEC SP: 5-Day Projected Support and Resistance levels: High - 1528; Low - 1446
SPX CASH: Monthly Projected Support and Resistance levels: High - 1513; Low - 1374
SPX CASH: Yearly Projected Support and Resistance levels: High - 1531; Low - 1319
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Tuesday, December 04, 2007
The Money Panic - US Banks Huge Exposures To Credit Risk / Stock-Markets / Financial Crash
Martin Weiss writes: With credit markets sinking into deeper turmoil ...
With more severe losses spreading to a wider range of financial institutions ...
And with the Fed's rate cuts thus far failing to stem the crisis ...
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Monday, December 03, 2007
Stock Markets Headed for a New All Time High / Stock-Markets / US Stock Markets
Current Position of the Market.
SPX: Long-Term Trend - The 12-yr cycle is approaching its mid-point and some of its dominant
components are topping and should soon restrain the bullish effect of the 4.5-yr. This could lead to
another period of consolidation in 2008 with an eventual bull market top in 2009-2010.
SPX: Intermediate Trend - The intermediate-term trend which had been in a correction since the index reached 1576 has now resumed its up move.
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Monday, December 03, 2007
The Grinch Who Stole the Christmas Stock Market Rally / Stock-Markets / US Stock Markets
The following article was written one week ago, so it is possible the termination point of wave G was one week early. When broad market indices are in a bear market, sharp rallies that appear out of the blue (such as the sharp three day rally last week) are linked to short squeezes…this further confirms the S&P is still in a bear market. The rally last week terminated wave F, so wave G is now forming. If the labeling is correct, albeit one week early, Monday should be an up day in the S&P followed by a retracement of the last week's advance by 50-80% for the rest of next week. If a decline in wave G occurs, it will match the expected December 7-10 th rally point, albeit in a different wave structure.Read full article... Read full article...
Sunday, December 02, 2007
Stock Market Update: Trading By the Book / Stock-Markets / US Stock Markets
It's not easy trading against the crowd. It's tough to get long and put real money on the line when everywhere you go you hear about the market crashing, about a looming 3 rd wave down, about breakdowns, write downs, and basically the end of the bull market. But buy in the face of all that bearishness is exactly what we did at TTC for no other reason than that we tune out the rest and simply trade the charts.Read full article... Read full article...
Sunday, December 02, 2007
US Stock Markets Primed For a Meltdown / Stock-Markets / Financial Markets
FedWatch: ``The degree of deterioration that has happened over the last couple of weeks is not something that I personally anticipated, '' Federal Reserve Vice Chairman Donald Kohn said in response to a question following a speech to the Council on Foreign Relations in New York. ``We are going to have to take a look at'' the stress in credit markets ``when we meet in a couple of weeks,'' he said. I smell another rate cut.Read full article... Read full article...
Sunday, December 02, 2007
The Dow Theory Potential Sell Signal Update / Stock-Markets / Dow Theory
In the previous November posting here I explained that in accordance to Dow's theory we had an important non-confirmation at play, which served as a warning that something was wrong. I also explained that we were then in what is known as a Sell Spot in anticipation of a Primary Trend change. On November 21, 2007 this Primary Trend change occurred. As a result, the “Stock Market Barometer,” as it was described by William Peter Hamilton back in the 1920's, is telling us that conditions are now stormy. This Primary Bear market will remain in force until negated by another confirmed bullish indication in accordance with Dow theory.Read full article... Read full article...
Saturday, December 01, 2007
Stock Markets Headed Higher Into New Year / Stock-Markets / US Stock Markets
The good news is: · It is likely we saw an intermediate term low last Monday.
Short Term : As of last Wednesday everything turned sharply upward. Most importantly, new lows all but disappeared on both the NYSE and NASDAQ. This implies a lower risk profile for the next month or two.
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Saturday, December 01, 2007
Stock Markets Ignoring Subprime Housing Market Crash Fire Alarm / Stock-Markets / Financial Crash
In this issue:
- The Financial Fire Trucks Are Gathering
- A Thanksgiving Fire Drill
- The Credit Markets Get Tighter
- Pushing on a String - the LIBOR Conundrum
- GDP Funny Business
- Europe, New York, and South Africa
The markets rebounded strongly this week, bouncing off a 10% drop in the previous weeks. Is it a signal of renewed economic vigor? Or is it a dead cat bounce? This week we take a look at problems at the edge of the economy which threaten to derail not only the recent robust growth (at least in the statistics) but also the markets. And we start with a personal story which I think will help us understand the current situation. Stay with me here.
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Saturday, December 01, 2007
Is This Stock Market Rally for Real? / Stock-Markets / US Stock Markets
The U.S. stock market had its biggest two-day advance in the last five years, sending the S&P 500 up 4.4% since Tuesday. The questions investors are asking: Will this trend continue, and is now a good time to get on board for an end of the year rally?Read full article... Read full article...
Saturday, December 01, 2007
Dow Theory Sell Signal and The Run on the Florida State Bank - Fingers of Instability, Part 13 / Stock-Markets / Credit Crunch
In This Issue – 3 Fingers of Instability
- Breaking the Buck!
- Look at the Actions, Not the Words!
- Showdown at the O.K. Corral!
Friday, November 30, 2007
Investing in Japan? – Beware of the Valuation Trap / Stock-Markets / Japanese Stock Market
For the past year, investors have been caught in a quandary with respect to Japanese stocks. Japan has seriously lagged Hong Kong and Chinese equities with investors being forced to make hard decisions about whether to chase performance or invest for the long term. While investors are touting Japan as cheap based on a number of indicators such as PE ratios one has to take into account significant factors which are shaping the current investment climate.Read full article... Read full article...
Thursday, November 29, 2007
US Economy in Serious Trouble Whilst Asia Booms - What it Means For Your Portfolio / Stock-Markets / Global Stock Markets
The U.S. is not only sneezing, it's struggling to breathe with a bad lung infection. Failing real estate and mortgage markets might just cause the worst recession this country has ever seen.
Meanwhile, to the south in Latin America and to the east in Asia, the world is witnessing huge economic revolutions and spectacular growth.
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Thursday, November 29, 2007
Stock Market Long-Term Bull Trend Still Intact / Stock-Markets / US Stock Markets
This is a very interesting and important chart right about now. Let's take a closer lookŠand what we see is that this week's action (so far) represents a key upside reversal, which, if the S&P 500 sustains above 1456.70, will indicate a significant change in market direction (UP).
The fact that the recent decline plunged towards the August low (1370.60)
but managed to hold at an equally important support coordinate along the
2003-07 support line suggests strongly to me that the longer-term dominant
uptrend remains very much intact.
Thursday, November 29, 2007
Stock Markets Santa Rally? Sell the Rally! / Stock-Markets / US Stock Markets
Call today the "running of the bulls." In my youth, I visited the running of the bulls in Pamplona , Spain . It was very messy and nerve wracking, to say the least. Not to mention those who were gored or trampled. As much as participants planned ahead, the bulls would do what they wanted, so you always had to have a backup plan. Today appears to be the last hurrah for the bulls. Any advance beyond this should be considered noise.
Move over, Santa, the Grinch is coming.
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Tuesday, November 27, 2007
Japanese Stock Market Ripe for Advance / Stock-Markets / Japanese Stock Market
A 13% appreciation of the Yen (vs US$) since June, a relief rally in oil (down) approaching quickly, and a bullish intermediate-term price pattern indicate strongly to me that "Japan Inc" and the Japan iShares ETF (AMEX: EWJ) are ripe for the emergence of a powerful advance. The enclosed daily chart of the EWJ shows the upside pivot off of last week's low at 13.18, which my work indicates inaugurated a new upleg that should propel the EWJ to the top of the 18-month pattern above 14.70. Only a plunge that takes out 13.18 wrecks my current outlook.Read full article... Read full article...
Tuesday, November 27, 2007
Stock Market Discounting a Weak US Economy During 2008 / Stock-Markets / US Stock Markets
December is almost always a great month to be holding utility stocks. Big institutions typically use the time to re-jigger their portfolios to safer fare, and those who've won big during the year will often move to safe havens to better lock in their gains.
The only really bad Decembers for utes have come in the wake of a crisis of fundamentals. One such time was in 1993, as fear and panic began to spread about prospective deregulation. December 2001 was another lousy month, as fallout from the ENRON bankruptcy gripped the industry. And though the worst of the dreadful utility bear market was over by then, December 2002 was no picnic either.
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Tuesday, November 27, 2007
Let Chinease Yuppies - Chuppies Power Your Portfolio! / Stock-Markets / Chinese Stock Market
Tony Sagami writes: If your family is like mine, Thanksgiving signals the beginning of the holiday season. Of course, we also have another very important way to kick off the holiday season — we attend a performance of the Nutcracker, in which my daughter Keiko dances.
Keiko has been doing this since age four, and excuse me for sounding like a proud daddy, but she is one of the most talented dancers in our community. This year, she played the French Maid and one of the Flower Girls ... and she was fantastic!
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Tuesday, November 27, 2007
The Stock Market Crash - Market to Fed: Don’t fight the tape! / Stock-Markets / Financial Crash
Well seasoned traders know that for any trade to work, to work big, that trade needs to be in synch with primary trend of the market.
Now clearly the Fed is a not for profit enterprise but their well healed trading houses should have know better. For months we have witnessed an expanding money supply and for months we have seen a strong bid come into the markets at the most opportune times.
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