The stock market is hitting new records almost daily (it happened again on Friday), but the reality isn’t as rosy as it seems.When people talk about how the “stock market” is doing, they often look at the S&P 500 index. It’s currently at 1,923, the highest level it has ever been.There’s just one problem: That record level is in “nominal” […]
Stock Market Supports BrokenStock-Markets / Stock Markets 2014May 07, 2014 – 08:47 AM GMTBy: Anthony_Cherniawski
After several attempts, SPX broke through its Short-term support at 1876.07 and is headed for its combined Intermediate-term and 50-day Moving Average at 1864.91. It has passed through that area so many times it is a wonder whether it may even stop. […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereThe EUR/USD pair had a negative week over the last five sessions, but did find the 1.38 level as supportive. Because of this, it feels of the market is going to possibly drop from here, but not very much. With that, we feel that the […]
With shares of Facebook (NASDAQ:FB) trading around $61, is FB an OUTPERFORM, WAIT AND SEE or STAY AWAY? Let’s analyze the stock with the relevant sections of our CHEAT SHEET investing framework:T = Trends for a Stock’s MovementFacebook is engaged in building social products in order to create utility for users, developers, and advertisers. People use Facebook to stay connected […]
NEW YORK (MarketWatch) – U.S. stocks reversed early gains and […]
After trading well above the Dow at last year’s peak (and equal with it at 2013 year-end), the Nikkei 225 is now almost 2000 points below the level of the Dow – a 13-month low. Trading not far off the EM-crisis lows of January, Japanese stocks are fading as JPY can’t sustain any offer and carry-trades are unwound. Not helped […]
“Fat Finger” or just more “High Freaks”? At 1110ET, the FTSE100 futures contract (representing the most liquid vehicle for trading the broadest UK stock market) suddenly rocketed up 1.3% on huge volume… and then, just as remarkably, Nanex shows, most of that price exuberance returned to normal within 10 seconds… Doesn’t look like a fat finger order to us? with […]
Submitted by Monty Pelerin’s World blog,Debt is the great palliative that has enabled the US and other major economies to escape reality, at least for a time. Ayn Rand described such behavior:
You can avoid reality, but you cannot avoid the consequences of avoiding reality.
It is possible to steal from tomorrow to improve today but only at the cost of having […]
Source: http://www.flickr.com/photos/imosaad/The stock market is an emotional roller coaster that has more drama than a daytime soap opera. When stocks are rising, investors feel too clever for their own good and enter a state of euphoria. When stocks decline, they often hold on in disbelief until they sell at the worst possible moment — the bottom. Either way, investors should […]
Bloomberg TVTom DeMark.Noted market-timer Tom DeMark did not sound optimistic about the prospects for stocks in an interview with CNBC this morning.
DeMark compared today’s market to that preceding the Black Friday crash in 1929.”When the market made its high on September 3, [1929], there were 23 subsequent trading days where the Dow Jones Industrial Average had a short-term bottom,” he […]
