| rss2email.ru | На что подписаться? | Управление подпиской |
 Daily MarketsYour Views Make News http://www.dailymarkets.com рекомендовать друзьям >> |
- The Current Rally Is Nothing More Than A Bear Market Rally
We are living consecutive days of gains in the US indices without fundamental reasons. People are buying stocks just believing they are cheap, but are they really cheap? I’m not convinced at all. The big slowdown in housing, the falloff in retail sales and the vertical drop in the LEI (leading economic indicators) are already signaling a deep recession and more troubles for companies ahead.
Companies’ fundamentals are being kept under pressure and will continue to deteriorate as profit … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. 
Переслать - Bank Index - Another View Of The Financials
In my previous post I discussed the current technical pattern of the financial sector (XLF). In this post I highlight the Bank Sector Index (^BKX).
While the XLF has a bullish print on the short term chart, the bank index has a bearish pattern on a longer term view.
On this chart there are three important technical indicators that stand out.
1. Price resistance congestion (gray box)
2. Bear trend line on this daily is still intact.
3. An ascending wedge pattern has … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Tuesday's Market Recap: Sell-Off On Wall Street After Two Days Of Gains
Markets suffered losses today (Tuesday) as investors contributed to a large sell off on Wall Street. Partly to blame was the shift from equities to government securities, driving down the yield on Treasury Bills to zero for some short maturities. The Dow Jones (^DJI) took a 242 point hit closing at 8,691 points on the day. The Nasdaq (^IXIC) also traded down, losing 24 points and closing at 1,547 points. The S&P (^GSPC) lost 21 points to finish at 888 points. These losses come … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Markets Pause For Breath After 2 Day Rally
Spurred by low valuations, the prospect of the Auto bailout culmination and President-elect Barack Obama’s massive infrastructure plan, stocks finished last week on a high and continued that trend Monday, tacking on about 700 points for the Dow (^DJI) during the 2 day span.
A new wave of profit warnings and profitability downgrades have turned Tuesday into gut-check trader’s day with the Dow hovering lower by about 250 points into the close. FedEx (FDX) plunged today after its … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Big Three Bailout: What If They Don't Pull This Off?
So it looks like Detroit’s going to get a temporary lifeline. But early analysis of the potential plan doesn’t look promising. Let’s take a look at what’s on the table right now…
The U.S. taxpayers are going to shell out about $15 billion to get the automakers through early 2009. As a condition, the automakers will have to cut labor costs, restructure their debt and downsize. In theory, this doesn’t sound out of the question for a bailout of this type. But upon further investigation, … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - ETF Wrap-Up: Volatility Remains Quite Lethal To All Investors
It’s probably just some profit-taking and today’s (Tuesday) decline was probably well-indicated by the McClellan Oscillator posted yesterday.
Within the selling there were plenty of strange crosscurrents including:
Warnings galore from chip makers Texas Instruments (TXN), Altera (ALTR), Broadcom (BRCM) and National Semiconductor (NSM) that investors ignored bidding the stocks sharply higher;
Chrysler not willing to show the government their books for bailout monies … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - DIA: Intraday Action For Tuesday
Let’s take a look beneath the market to see what 'idealized trades’ set-up within the intraday price structure of the DIA (DIA) for Tuesday’s trading - then let’s view the day through the lens of a 5-minute Elliott Wave count that could have helped guide our trading day.
DIA 5-min chart:
First, the day began with an overnight gap which was quickly filled - with the exception of the bearish bar around 9:30. That bar is an argument for wider stops in this volatile environment - … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Financial Sector (XLF) - On The Edge
Many eyes are on the financial sector. Using an hourly chart of the financial sector (XLF) we can see that yesterday (Monday) the down trend was broken with a gap over the trend line. But today there was no follow through.
The gray box on the chart represents a support/resistance congestion area. Today’s (Tuesday) trading action in the financials brought this index back down very close to the trend line. If this trend line fails and the XLF drops back below it, then any chance of a … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Dividend Cuts Could Be Spreading To Commodities Companies
There were several dividend cuts last week, including a notable one from a commodities company. A report from Deutsche Bank (DB) analysts predicted dividend cuts in several mining companies, including Alcoa (AA), Southern Copper (PCU), Cliffs Natural Resources (CLF) and Companhia Vale do Rio Doce (RIO), which further depressed investor sentiment, and sent basic materials stocks lower. The negative dividend news concerning the materials sectors shouldn’t really affect overall … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Taxpayer's Backlash Against The Housing Bailout
The memories are kind of fading now, but there is one thing I’ve never forgotten from my 11th grade civics class. On the first day of class my teacher, Mr. Bailey, told us all to never forget one thing. It was to never use the word “fair” when making an argument about anything the government chooses to do.
“The government,” he said, “is expedient and acts primarily in its own interests. Never forger that.”
Of course, it was only much later that I understood exactly what he meant. … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - How Financial ETFs Are Coping After The Fallout
After the debacles within the financial sector earlier this year, financial exchange traded funds (ETFs) are finally allowed a small respite. It’s been a tough year. Is there a sign of any recovery or healing? … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Crude Oil Finds Long-Term Support: Buy Signal At $40
We’ve witnessed absolute destruction in the price of crude oil and in other commodities in such a short period of time. However, the situation might be changing and aggressive speculators might find a significant low-risk opportunity should crude oil find support at the well-established level of $40 per barrel. Let’s see this and how it might play out into the near future.
Crude Oil Monthly:
A log-chart would show this better, but would also compress the most recent data and … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Oversight Panel To Release Critical Report On TARP
According to WSJ a panel set up to oversee the Treasury Department’s capital purchase program of banks, led by Harvard Law School professor Elizabeth Warren, is expected to release a report Wednesday highly critical of the government’s handling of the bailout.
The report is expected to raise fresh questions about the Treasury’s Troubled Asset Relief Program at a time when many lawmakers expect the current administration to seek access to the second half of the Treasury Department’s … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Foster Wheeler Sees Smaller Pie
Foster Wheeler Ltd. (FWLT) is incorporated under the laws of Bermuda, with operational headquarters in Clinton NJ, and is a holding company that owns the stock of its various subsidiary companies. Foster Wheeler designs, engineers and constructs onshore and offshore upstream oil and gas processing facilities, natural gas liquefaction facilities and receiving terminals, etc.
The global economic growth - coupled with the attendant demand for oil, gas, petrochemicals and refined products - … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Video: Poor Crude Outlook Expectations Data Lowers Oil Prices
Oil prices continued to slide this past trading session as poor government data showed a heavy slash in future energy expectations. … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Video: Anheuser Busch InBev To Fizzle Out Some Jobs
The worlds largest brewer, Anheuser Busch InBev, announced this week that they will be slashing some … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Video: Stocks Down But Tech Shows Signs Of Strength
The Dow is in negative territory weighed down by declininf shares of GM but the Nasdaq is on the upside. … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Video: Nikkei Closes Positive While Others Fall
A gain in oil prices led the way for Japan’s Nikkei 225 index to post gains at the end of its trading session yet the same cannot be said about the others which all ended their sesisons in the red. … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Facing Falling Demand, Sony Lops Off 16,000 Jobs
Surrounded by global recession, Tokyo-based Sony Corp. (SNE) said it plans to eliminate 16,000 jobs, the biggest of several moves intended to cut more than $1.1 billion (100 billion yen) from its annual expenses by March 31, 2010.
Its cost-cutting operation only applies to its electronics division, and further plans include curbing investments by 30% and ceasing production at two overseas manufacturing sites.
The job cuts are nearly split down the middle between full-time and … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Video: Henderson: Santa Claus Rally Soon?
Despite weakness, stocks are stable, says David Henderson of Raven Securities. Perhaps markets are poised for another upswing before Christmas. … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Video: Dollar Rebounds On Poor Euro-Zone & UK Data
The US Dollar rebounded today as poor German consumer sentiment data and poor UK economic data combined with no major US economic data releases steered investors clear from the riskier euro this session. … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Forex Trading: Confusion Continues And Intraday Trends Reverse
The USD/CAD reversed the gains and moved back below the 100 hour moving average.
The GBP/USD reversed the losses and moved back above the 100 hour moving average.
The USD/CHF is back down, testing the 100 hour moving average. It continues to waffle back and forth (non -trending)
Markets are generally waffling in non-trending formations. When markets are non-trending this suggests that traders need to be more focused on the shorter term intraday moves and momemtum. … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Video: AutoZone's Sales Are Beginning To Slow Down
Amid higher expenses and a weakened economy, auto parts retailer AutoZone Incorporated (AZO) announced today that its fiscal first quarter profit fell slightly from one year ago. … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Gold Market Update: South African Gold Production Continues To Fall Significantly
A GBP Perspective of the world markets
09-Dec-08
Last
1 Month
YTD
1 Year
5 YearGold £
519.44
10.52%
23.82%
32.74%
122.09%Silver £
6.61
2.99%
-11.15%
-6.46%
105.82%Oil £
29.67
-24.32%
-40.57%
-31.81%
62.97%FTSE
4331
-0.77%
-32.91%
-33.92%
-1.10%Nikkei £
62
11.88%
9.25%
-12.42%
35.68%S&P 500 £
618
4.01%
-25.75%
-16.57%
-1.66%ISEQ … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - USD/JPY Still In Consolidation
It’s really all about the Yen. The USD/JPY is consolidating in a symmetrical triangle pattern. I think that USD/JPY’s symmetrical pattern needs to reveal itself before I can gain confidence in a directional move of the US markets. It’s another thing I’m … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Trade What You See
As we are in the midst of testing the top of the channel on the S&P 500 (^GSPC), we need to be aware of several thoughts especially in this market environment.
1.Don’t fall in love with the upside.
2. Don’t faill in love with the downside.
3. Stops are IN - Emotions are Out!
4. Don’t be afraid to trade both sides - follow the money.
5. Let the market close above resistance for at least 2 days to confirm breakouts.
The market has made a nice move off of the bottom. … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Forex Trading: GBP/USD Makes A Move Through The 100-Hour Moving Average
The GBP/USD moved convincingly through the 100 hour moving average and scooted to new lows. The 100 hour moving average is currently at 1.4747. After yesterday’s (Monday) up day, the pound is pressured today against the USD, the JPY and the CHF. All are down today.
The exception is against the EUR. EUR/GBP is near the all time highs once again as it trades at the 0.8725 level (high was 0.8737 yesterday). The pair has been up at this level on 4 separate occasions in the … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Sony Joins Job-Cut Deluge
This (Tuesday) morning, Sony Corp. (SNE) has announced it will be cutting roughly 4% of its total workforce, or about 8000 employees. This move is expected to gain the company $1.1 billion in savings by the March quarter of calendar 2010.
Sony has had its problems for awhile now - far earlier than the current global economic crisis - on very tough competition from companies with more popular products than, for example, Sony’s PlayStation 3 brand. Zacks Equity Research has had a … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Cartoon Of The Day: Bailouts 101
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Bank Of Canada Cuts Rates By 75 Basis Points
The rate is now 1.50%. This is the lowest rate since 1958. The USD/CAD has gotten a boost off of the larger than expected cut (USD/CAD is trading above 1.2700).
Comments from the BOC are outlined below:
LENDING RESPONDING TO BANK’S LIQUIDITY MEASURES
WORLD ECONOMY OUTLOOK DETERIORATED SIGNIFICANTLY
CORE INFLATION MAY BE SLOWER THAN FORECAST
WEAKER CURRENCY TO OFFSET EFFECTS OF GLOBAL SLOWDOWN
GLOBAL RECESSION BROADER AND DEEPER THAN FORECAST
CANADA MAIN INTEREST RATE NOW … [visit site to read more]Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Forex Trading: EUR/USD Bounces Off 50.0%
The EUR/USD has found some strong support as the pair bounced off of the 50.0% retracement (using 10/28’s low and 10/30’s high) level. This support is today’s low at 1.2812. Currently the major European equities are right off session highs and DOW futures have softened up a bit from their respective … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Buy, Sell Or Hold: Hewlett-Packard Is Ready For Takeoff
There is no doubt that the global economic environment presents a very bleak outlook. The National Bureau of Economic Research (NBER) last week announced that the U.S. economy has been in a recession since last December - a situation that appears to be getting worse, given that the economy lost half a million jobs lost half a million jobs in November. Interestingly, the market traded up both those announcements.
On Nov. 24, Hewlett-Packard Co. (HPQ) reported a quarterly profit of … [visit site to read more]Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - The Big Three Automakers Need A Shakeout, Not A Bailout
I don’t know about you, but my jaw literally hit the floor when the chief executives of Detroit’s “Big Three” begged for a taxpayer-funded bailout. Never mind that General Motors Corp (GM), Ford Motor Co. (F) and Chrysler LLC are now seeking an aggregate $34 billion - which is up 36% from the $25 billion the Big Three was seeking just two weeks ago - or that they “drove” to Capitol Hill in a caravan of new hybrids so shiny they could’ve made the Keystone Cops green with … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - The Canadian Dollar - A Petro-Currency
If you ever doubted the fact that the Canadian Dollar is a petro-currency; that is its value is highly correlated to the value of petroleum, have a look at these two charts.
The chart on the left is value of the Canadian Dollar versus the US Dollar. Note how the value stayed in the $0.96 USD to $1.02 USD range until August. Then in September the Loonie fell off a cliff as it plunged from $0.96 to a $0.77-$0.80 range. No more cross boarder shopping, and my US stock holdings essentially … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Inflation – Not Deflation – Is The Threat, Now Here's What To Do About It
We’re “officially” in a recession and the panicky markets are bracing for deflation. But what most investors don’t realize is that inflation - not deflation - is the real threat that they face.
For more than a year now, I’ve been telling readers and attendees at financial conferences around the world that the United States has been in a recession since last November.
I was wrong.
But only by a month: According to the National Bureau of Economic Research (NBER) announcement last … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - A 'Groundhound Day' In US Stock Market
Monday can essentially be erased from the charts. Because in the end we ended right back where we started with respect to the S&P 500 Futures
Yesterday morning in the pre market, I wrote that the S&P 500 Futures had moved right up to the short term resistance level of ~900. Then before the market opened the futures gathered additional strength and began a charge above the 900 level. At around 8:45am (US EST) I took a small position in SSO (SSO) (Ultra S&P 500 -long-) in … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Situation In The UK Will Get Worse Before It Has Any Hope Of Getting Better
Try as he might, Macro Man has failed to muster any enthusiasm for the recent equity rally. Can it continue? Of course it can…perhaps markets will view a Big 3 resolution as a favourable outcome (though Macro Man will be sceptical of any resolution that fails to improve styling, build quality, and energy efficiency.)
That the Tribune Co. has gone bust is perhaps a timely reminder of the underlying economic forces at play; Macro Man expects more of the same throughout 2009. The … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - More Americans Are Now Concerned About Job Security
Analysts naturally factor in the number of people who are out of work when they try to figure out future consumption patterns. But there is more to it, of course. People who are afraid they might lose their job are just as likely to economize or clamp down on spending as those who have no real choice in the matter. In fact, some might say that changes in the attitudes and behavior of the 85-95 percent (depending on which statistics you believe) of those who are employed matter much … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Global Investing Roundups: Tribune, Dow Chemical, Thain's Bonus Request
Tribune Files for Bankruptcy; Dow Cuts 5,000 Jobs; Pay Cut for Morgan Stanley Execs; Sen. Reid Scolds Thain’s Bonus Request; AB InBev to Cut 1,400 U.S. Jobs; China Offers Petrobas $10 Billion Loan; McDonald’s November Sales Soar
Dealing with $13 billion in debt and declining revenues, media and sports conglomerate Tribune Co. filed for bankruptcy protection yesterday (Monday). The company - which owns the Chicago Cubs and newspapers The Chicago Tribune, Los Angeles Times and Baltimore … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Video: What Trends To Expect
Philippe Gijsels, market analysts for Fortis, explains expectations for market trends this week. … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Stock Picks And Trade Ideas For Tuesday: CSCO, AMZN
Chart courtesy of stockcharts ( click to enlarge )
Amazon (AMZN) - Amazon shares have been trading in a nice uptrend channel since the lows at $34.68 were placed in November 2008. The daily technical indicators remain positive for now with MACD above the sell line and the RSI above 50. Channels are extremely important as upper and lower trendlines represent key pivot points. A break below the uptrend channel could signal the end of this rally, so hold the stock with a stop loss … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - (Almost) Official: Treasury Bailing Out Israeli pensions
Globes had the story this morning about the takeaways from the Israeli Treasury meeting to bail out the pension system.
There are a few salient details, according to Globes:
the plan has received support from the Finance Minister, Roni Bar-On, and Bank of Israel Governor, Stanley Fischer
the deal appears to be a compromise between Histadrut chairman Ofer Eini’s broader plan and the narrower plan put forth by the Finance Ministry
The safety net will cover people over the age of … [visit site to read more]Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - China Stocks Advancing As Beijing Boosts Investments
Seemingly under the radar, China’s Shanghai Composite Index has risen 17.7% since Nov. 1.
Specifically - and not coincidentally - the index began its rise Nov. 10, the day after Beijing announced an ambitious economic stimulus plan that will pour $585 billion into housing, water-and-energy projects, airports, disaster relief and railroad construction over the next two years.
It’s this focus on developing jobs and infrastructure, or “new material product” - absent in any similarly … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Forex Trading: AUD/USD Looks To Be In Consolidation On The 4-Hour Chart
AUD/USD looks to have bounced off of resistance in its consolidation phase on the 4-hour chart around 66.55. Look for a move further down this consolidation to support around the .6000 level with a break here bring the pair back to resistance around … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - US Stock Market Recap: Infrastructure Boom Just Beginning
Good news overseas helped spur on a rally that began on Friday after the worst jobs numbers in over a decade. The Dow (^DJI) today closed higher by 298 points or 3.5% at 8934, this is only 7 points below the 50-day moving average. The index has not been above the indicator since early September and not for an extended period of time since May. The S&P 500 (^GSPC) closed at 909, up 34 points or 3.8%. The NASDAQ (^IXIC) had the best day, up 4.1% or 62 points to 1571.
Even though … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - U.S. Government To Take Substantial Stake In Automakers
The White House and Democratic leaders in Congress are getting close to an agreement on the outlines of a compromise measure to help the failing U.S. automakers.
From the Wall Street Journal:
Congress and the White House inched toward a financial rescue of the Big Three auto makers, negotiating legislation that would give the U.S. government a substantial ownership stake in the industry and a central role in its restructuring.Under terms of the draft legislation, which continued to … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Merrill Lynch CEO John Thain Says He Deserves $10 Million Bonus
He’s not going to get it, but I can’t get over the fact that Merrill Lynch (MER) chief John Thain actually thought he deserved a $10 million bonus for the year. Apparently, a few months ago it was suggested to the compensation committee that Thain’s bonus be north of $30 million. From Thain’s perspective, he must have felt he was making quite a sacrifice by only asking for $10 million.
To accurately evaluate Thain’s request of $10 million we need to look at his accomplishments during … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Are ETFs To Blame For Market Volatility?
The introduction of exchange traded funds (ETFs) and “emini” futures have supplemented the traditional configuration of derivative and proxy instruments for the markets and expanded the availability of speculative and hedging tools to investors and traders having a direct impact on the market. But do ETFs deserve to be blamed for the market volatility we’ve seen this year?
Many investors believe that ETFs, especially the ultra or 3x funds, such as Direxion Shares ETF Trust Large Cap Bull … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - S&P 500 Fibonacci Price Clusters And Confluence Chart
Here’s a chart you might want to save as a reference in terms of overhead possible Fibonacci resistance levels and their respective confluence zones. The graph takes the S&P 500 (^GSPC) swing highs and runs corresponding Fibonacci retracement grids all to the most recent 750 spike low in November and highlights areas of Fibonacci clusters. Let’s see the grid.
S&P 500 Fibonacci Cluster Grid:
You can click the image for a larger chart to appear.
I’m using a hybrid … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Jim Cramer's "Mad Money" Program Should Be Discontinued
I just couldn’t resist. The following are quotes from Jim Cramer on his July 29th show. Keep in mind that this came one day after he said, “There is no relief in sight.”
“It smells to me like something, in fact many things,” he said, “have at last changed for the better.”“I am indeed sticking my neck out right here, right now,” Cramer continued, “declaring emphatically that I believe the market will not revisit the panicked lows it hit on July 15. and I think anyone out there who’s … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - The Current Bubble In Treasury Notes And Bonds
Here is a great investment for you - one where the price has zoomed to unheard-of levels in recent months, yet for which the natural heavy buyers have all the reason in the world, both from a desire and an ability-to-buy point of view, to stop buying. Furthermore, it is known that the supply of this investment will expand next year at a rate that has rarely been matched in history. As an added kicker, you know with certainty that cash flows from this investment will never go up. Sound … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - A Beginner's Guide To Currency Valuation
The market value of asset is largely a reflection of supply and demand for that asset. And thus, if we are looking to assess the value of a currency, we should try to gauge the supply of and demand for that particular currency.
Understanding Supply
To understand money supply, it is crucial to note that in under current monetary policy, money is created out of debt. This happens in two ways:
1. Money is created when governments need to borrow, and central banks then print money and sell … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Tribune Company Goes Broke
Chicago-based news media stalwart Tribune Company (TXA) today announced it is filing for bankruptcy protection, less than 2 years after billionaire real estate mogul Sam Zell took the company private. Geez…and here we thought Zell had the magic touch based on the fact that he sold Equity Office Partners at the peak of the market a couple years back.
The Tribune is “America’s largest employee-owned media company,” according to the Tribune’s website. It owns the Chicago Tribune, Los … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Video: Pre Market: Auto Loan
The stories, data, and stocks that may have the greatest impact during the next trading session. … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - The Direxion Triple ETF Revolution Has Arrived!
Three weeks ago last Friday I thought I may be sticking my head out a little too far in Prediction: Direxion Triple ETFs Will Revolutionize Day Trading. Well, here we are barely three weeks later and these ETFs are racking up more volume in the first half hour of Monday’s session than they did in an entire trading day when I made my original prediction. (see graphic below)
In short, the revolution has already arrived.
Sure, there have been some issues with tracking error as Adam at … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Obama's Talk Of Infrastructure Investment Moves Markets On Monday
Warning that more pain will precede the positive, President-elect Barack Obama said in a weekend interview and press conference that he plans a massive investment in infrastructure to create jobs and stimulate grounded and long-lasting economic growth.
Speaking at a Sunday news conference and on “Meet the Press,” Obama didn’t specify projects beyond roads, bridges and”other traditional infrastructure.” Nor could he give a price tag. But just his mention of the infrastructure projects … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - ETF Wrap-Up: The Markets Are In A Transition
They’ve thrown the kitchen sink and the commode at markets. There isn’t anything they won’t do now. The next administration and their congressional cronies, long haters of the current administration’s deficits, are on course to outdoo-doo them. The new guy’s plan is to spend perhaps $1 trillion on a stimulus package. I’m just sayin’…
The US Fed and other central banks are pumping markets with liquidity and now major stimulus.
The Fed’s coupon pass on Friday, a mere bag of … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - How To Know When ETFs Are Ready For Investing Again
Good things come to those who wait, and there doesn’t seem to be any exception for exchange traded fund (ETF) investors, either. There have been some good days in the markets and early reaction to President-elect Barack Obama’s plans is positive…but not to fast.
ETFs, stocks, mutual funds and real estate are looking quite affordable right now, however, many are cautioning that things are going to get much cheaper and valuations will keep looking even better, reports Nancy Trejos for the … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Why Real Estate ETFs Are Better Than The Real Thing
Real estate and exchange traded funds (ETFs) that track the beleaguered industry have had a rough ride for the past two years. In fact, October alone saw a 5.3% drop in new home sales, while existing homes fell 3.1%.
What’s more the S&P/Case-Shiller home price index shows that home prices have dropped 17.4% on average, and some areas were far worse off than others, reports Ron Rowland for Money And Markets. It is a matter of time before this spreads to commercial real estate as well. … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать - Two Head-And-Shoulder Patterns: A Toss Up?
The E-Mini S&P 500 Futures contract is exhibiting an inverse Head and Shoulder pattern. A successful break of the neckline could take the contract to a price projection of 1150. It would get there in a hurry. A close up and over 920 on the daily would be VERY bullish. Conversely, a failure could mean a strong pullback. In the short term, we’re very overbought and due for a pullback.
Interesting enough is also the formation of the head and shoulders top, highlighted in … [visit site to read more]
Article Published On DailyMarkets.com - visit Daily Markets - Financial News & Opinions for more great content. Переслать
| rss2email.ru | отписаться: http://www.rss2email.ru/unsubscribe.asp?c=35890&u=233003&r=887869927 управлять всей подпиской: http://www.rss2email.ru/manage.asp |
No comments:
Post a Comment