Analysis Topic: Stock & Financial Markets

The analysis published under this topic are as follows.

Tuesday, March 12, 2013

Stock Market Stable....... / Stock-Markets / Stock Markets 2013

By: Jack_Steiman

It's hard to believe it's stable, but that's what the market is doing, and showing the ability, for now, to fight through all the negatives that abound for owning stocks short-term. The strong negative divergences alone are reason enough to pull this market down hard. Add in overbought daily, weekly, and almost monthly charts and the bears have little to no excuses left. These types of set-ups often cause market turmoil that allows fear to shoot up in a big way. Instead, the VIX is falling to new lows. With so much going for the market fundamentally, such as Mr. Bernanke adding liquidity and keeping rates low, it's finding a way to hang in tough.

Monday, March 11, 2013

S&P 500 Just 0.57% Below Its All-Time High / Stock-Markets / Stock Markets 2013

By: PhilStockWorld

Courtesy of Doug Short writes: With no economic news to juice the market (or scare it), the S&P 500 probably took its opening cue from the eurozone, where most of the indexes churned in the shallow red. The 500 opened lower and hit its intraday low, off 0.25%, in the first 15 minutes of trading. But by late morning it emerged into the green and closed the day with a gain of 0.32%, five basis points off its intraday high. The index clearly has an eye on its cousin the Dow, which keeps setting new all-time highs. The S&P 500 is fractionally less than nine points, make that 0.57%, from its all-time high. Will tomorrow see a new S&P 500 record?

Monday, March 11, 2013

SPX Stock Market Top Complete? / Stock-Markets / Stock Markets 2013

By: Anthony_Cherniawski

For the past several weeks I have been puzzling over the zigzag rally from the February 19 low. This new low puts the last missing piece of the puzzle in place.

It also clears up the cycle pattern for the VIX, since February 19 made for a difficult Master Cycle low, while a low this week makes far more sense. I am not yet sure that this is the MC low, but there is a Cycle Pivot says that the VIX is in a turn window.

Monday, March 11, 2013

Dow 14000: Why the US Economy Matters Less to US Corporations / Stock-Markets / Corporate Earnings

By: Keith_Hilden

A question remains on many people's minds regarding the US economy. Amidst a moribund recovery, stagnant job growth, lower household income, and US corporations being cash poor, how exactly can the stock market be reaching new all time highs?

It is precisely due to the fact that the stock price of US corporations are no longer dependent on strong domestic US performance to the degree that they previously were. Overseas profits continue to steadily amass over the decade as a higher percentage of revenues against their domestic US revenues. This needs to be understood in order to see why there is a Dow at an all time high. Cash poor in the US while cash rich abroad is due to corporations avoiding the repatriation of those profits due to a 35% penalty taxed upon those profits.

Monday, March 11, 2013

Investor Warning: Job Creation Data Fuelled by Cheap Money / Stock-Markets / Financial Markets 2013

By: InvestmentContrarian

Sasha Cekerevac writes: The latest monthly employment data had a positive headline; a stronger than expected job creation number. However, looking at the core information, there remain significant concerns regarding the U.S. economic recovery and job creation specifically.

For February, job creation for non-farm related payrolls totaled 236,000. This number was far higher than expected, giving a boost to the stock market. (Source: “Employment situation summary,” Bureau of Labor Statistics, March 8, 2013, accessed March 8, 2013.)

Monday, March 11, 2013

Why Your Financial Future Will Be Built Upon the Chinese Yuan / Stock-Markets / China Currency Yuan

By: Money_Morning

Keith Fitz-Gerald writes: If you have any illusions, put them aside now. It's the Yuan's world - the West is just living in it, or borrowing from it as the case may be.

Demand for the Yuan is growing at such a staggering rate that your financial future will be built upon it.

Admittedly, this is a very tough concept for most people to wrap their minds around. It's tough to lose "your" spot at the top and it's even tougher to know you're losing it and not be able to do anything about it because the leaders who are responsible for maintaining that position don't understand the end game.

Sunday, March 10, 2013

Stock Market Final Push into Rally Top / Stock-Markets / Stock Markets 2013

By: Andre_Gratian

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.  However, the severe correction of 2007-2009 may have curtailed the full downward pressure potential of the 120-yr cycle.

 Intermediate trend –  The uptrend from 1343 may have a little farther to go before topping.

Saturday, March 09, 2013

An Investor's Guide to X-treme Monetary and Fiscal Conditions / Stock-Markets / Financial Markets 2013

By: John_Mauldin

I landed in Buenos Aires early this morning and have a day layover before heading off to Cafayate; but it is time to send you this weekend’s Outside the Box, and what a wonderful, powerful piece it is. I read John Hussman’s latest on the way down and had to review it several times. There is just so much meat here. And more than his usual quota of those wonderful graphs he comes up with. Did you know there is a 94% correlation between the price of beer in Iceland and the S&P 500? This is a teaching moment we must heed!

Saturday, March 09, 2013

Stock Market Uptrend Nearing High / Stock-Markets / Stock Markets 2013

By: Tony_Caldaro

Just when the negatives started to build the US market ignored it all and continued the uptrend. The SPX made a new bull market high, and the DOW, the DOW made a new all time high. This was quite amazing, as at the time 70% of the world’s indices were in downtrends. For the week the SPX/DOW gained 2.20%, and the NDX/NAZ gained 2.25%. Asian markets gained 2.3%, European markets gained 2.5%, and the DJ World index gained 1.8%. On the economic front positive reports continued to outpace negative reports. On the uptick: ISM services, the ADP index, consumer credit, the payrolls report, wholesales inventories, the monetary base, long term investor sentiment, and both the weekly jobless claims and the unemployment rate improved. On the downtick: factory orders, the trade deficit and the WLEI. Next week, options expiration week, we get retail sales, industrial production, and the CPI/PPI. Best to your week!

Saturday, March 09, 2013

Stock Market's Flat, Having Entered Period of Confluence / Stock-Markets / Stock Markets 2013

By: Tony_Pallotta

For the week ending March 8, 2013, the SPX was up 2.2%, the Russell small caps were up 3.0% and the COMP was up 2.4%.

All indices which had triggered short last week, were stopped out on Tuesday after stops were violated. The model has now entered a period of confluence with no trend yet determined. On an intermediate term basis, the trend remains up as the model triggered a long swing trade on Tuesday but this is viewed purely as a trade, not the start of a new trend. Only until support is tested and held would a long signal be triggered. Failure to hold support will then set up a test of short trigger levels.

Saturday, March 09, 2013

No Stock Sellers...Jobs Report Strong..... Market Overbought....... / Stock-Markets / Stock Markets 2013

By: Jack_Steiman

Once again, the market could find no sellers. The masses were thinking to sell the Jobs Report if it were good. Who can blame them since the market is so overbought. They were right. It sold. However, once it sold off some from the early morning highs, it was bought up once again. Not to the levels of the early day highs, but no real selling one would think likely after a strong early day pullback and still at overbought.

Saturday, March 09, 2013

Be Ready the Next Time Institutional Stock Market Investors Do This... / Stock-Markets / Stock Markets 2013

By: Marty_Chenard

Institutional Investor Accumulation/Distribution Levels

Below are the Institutional Investor levels and trending for Accumulation/Distribution since last November.

The chart show's short term good news and medium term bad news. How so?

Friday, March 08, 2013

A "New Chapter" for Turkey Emerging Markets? / Stock-Markets / Emerging Markets

By: Money_Morning

Frank Holmes writes: In 2012, Turkey was the best performer among the emerging markets we track on our Periodic Table showing a decade of returns. All developing countries rose last year, but stocks in Turkey climbed an astounding 56 percent.

Thursday, March 07, 2013

Stocks At New All Time Highs… But We’re All Poorer For It! / Stock-Markets / Stock Markets 2013

By: Graham_Summers

Stocks hit a new high in the Dow yesterday. CNBC cheered and Fed economists everywhere patted each other on the back.

The unfortunate reality for this “success” is that it only works in nominal terms. A DOW at 14,296 vs. a DOW at 13,000 only means something if the rise in price occurs against low inflation. If inflation was 10% during the time period that this rise occurred, then you’ve not generated any actual wealth. At best you’ve maintained your purchasing power.

Thursday, March 07, 2013

Gold, The Dow, Dollar And Deflation / Stock-Markets / Financial Markets 2013

By: Andrew_McKillop

IS GOLD POISED TO REGAIN LOST GROUND?
It is relatively easy to summarize the current global macro scene: private banks are recapitalizing using very low cost funds from central banks, which go on Quantitatively Easing but less so than previous. Interest rates are either not continuing to fall, or are slowly rising. Consumers and business borrowers are deleveraging, trying to pay down debt or not incurring new debt. Unemployment rates are massive in most OECD countries. Several major industries, from cellphones and carmakers to the construction sector face problems of market saturation, slow demand growth and declining prices. Despite a quick glance at the following table (below) from Gold Core possibly supporting the argument that gold price depreciation in dollar terms is overdone and that fiat money depreciation, devaluation or debasement "can only" make gold prices grow - Gold Core suggests price "highs over $2400 oz in coming months" - an alternate reading of the global macro picture says this is very unlikely.

Thursday, March 07, 2013

What Does Dow New Record High Say About U.S. Economy / Stock-Markets / Stock Markets 2013

By: Money_Morning

Jeff Uscher writes: Equity market cheerleaders got very excited about the Dow Jones Industrial Average hitting a new record high yesterday (Tuesday).

The Dow closed at 14,253.77, topping its previous record close of 14,164.53 on Oct. 9, 2007.

Thursday, March 07, 2013

Is China the Biggest Bubble in Human History? / Stock-Markets / Liquidity Bubble

By: Bill_Bonner

Dow up 125 points yesterday, to a new all-time record.

Why? What's behind it? The economy is not so hot. Why the red-hot stock market?

China is back in the news. A new report from CBS's "60 Minutes" documents the extent of the ghost cities in China – miles and miles of empty highway, office towers, apartments and malls. Analysts are talking about the biggest real estate bubble in history!

Thursday, March 07, 2013

Gold Pivot Points and the Dow's Future / Stock-Markets / Financial Markets 2013

By: PhilStockWorld

The Dow reached an all-time high of 14,253 on Tuesday and naturally, the financial press drew lots of attention to this fact. Conspicuously absent from the media attention, however, was a complete lack of enthusiasm. The perma-bull cheering section was eerily quiet as widespread apathy was evident. This continues a trend of muted investor psychology which, from a contrarian standpoint, is refreshing given how far the market has come since November.

Thursday, March 07, 2013

Stock Market Inching Higher on Dull Volume / Stock-Markets / Stock Markets 2013

By: PhilStockWorld

Courtesy of Doug Short. Today was another day with little economic news other than the 8:30 AM ADP private jobs report that surprised to the upside with an estimate of 198K new jobs. The S&P 500 rallied at the open and hit its intraday high less than 30 minutes later, up 0.35%. It reversed directions in a fairly narrow channel to its intraday low, off 0.11%, shortly after 12:00. An afternoon rally lost steam at a level just below the morning high. In the final hour of trading the index essentially bounced off its opening price 15 minutes before the close, rising to a 0.11% gain for the day … fractional, but still a new interim high.

Wednesday, March 06, 2013

First Record Dow High, Then Record Gas And Grocery Prices / Stock-Markets / Inflation

By: Jeff_Berwick

Gary Gibson writes: Ben Bernanke must have been smirking and nodding smugly all day yesterday. The Dow hit an all-time high at 14,286 and closed at 14,253.77. What's even more impressive is that this is double where the Dow stood just four years ago. And it only took five and a half years and previously unmatched amounts of new money creation to do it.