Benchmarks ended about 1% lower on Tuesday following a rise in the dollar and upbeat economic data. While an increase in the dollar compelled investors to reduce their exposure on riskier assets including equities, encouraging economic data raised anxiety of a rate hike sooner than later. Meanwhile, concerns about Greek’s debt crisis added to the bearish sentiment. The S&P 500 […]
Money Murder Mystery: Who Killed the Stock Market?Stock-Markets / Stock Markets 2015May 25, 2015 – 10:12 AM GMTBy: Money_MorningShah Gilani writes: Liquidity, the “life blood” that allows the world’s capital markets to function, has been murdered.Liquidity was choked violently in the bond market by the gloved hands of its erstwhile babysitter – the broker-dealers- but it bled to death in […]
Stock Market Topping, Silver Price DroppingStock-Markets / Stock Markets 2015May 24, 2015 – 02:49 PM GMTBy: Brad_GudgeonLast time I wrote, I was looking for a top in the stock market early last week near 2130-35 SPX and a 5% drop in silver. We got a 4.5% drop in silver and the stock market topped on Wednesday. Tuesday, May 26, I’m […]
Stock Market SPX Uptrend Inflection PointStock-Markets / Stock Markets 2015May 23, 2015 – 06:40 PM GMTBy: Tony_CaldaroThe market opened the week at SPX 2123. It then made marginal new all time highs on Monday, Tuesday, and also Wednesday, before going into a trading range for the rest of the week. The entire range for the week was only 15 points. […]
MAY 23rdUS STOCKS-Wall St ends lower after Yellen comments fail to inspire – Yellen comments leave rate expectations unchanged on Wall Street – Core inflation highest since January 2013 – Boeing falls after Bombardier jet report – Microsoft down after report of Salesforce deal talksU.S. stocks were generally lower Friday after hawkish remarks from Federal Reserve Chair Janet Yellen, who […]
Choppy Asian Stock MarketsStock-Markets / Stock Markets 2015May 20, 2015 – 09:18 PM GMTBy: Tony_CaldaroWe track eight country indices in the Asian group. Generally they all bottomed around 2008/2009, surged higher into 2010/2011, corrected, and then most turned quite choppy. A few in the group emerged out of the choppiness and actually started impulsing after beginning EQE or a change […]
SEOUL, South Korea (AP) — Asian stocks were mostly higher Wednesday as a rebound in U.S. home construction data and a surprise announcement by the European Central Bank to frontload bond buying sent the greenback higher, giving a boost to Asian exporters.KEEPING SCORE: Japan’s Nikkei 225 rose 0.7 percent to 20,170.51 and South Korea’s Kospi gained 0.6 percent to 2,133.31. […]
Stock Market Continues Defying Gravity, Dow New All Time HighStock-Markets / Stock Markets 2015May 19, 2015 – 03:09 AM GMTBy: Nadeem_WalayatThe stock market continues to confound the doom merchants who have long since convinced themselves that another crash, collapse or bear market was always imminent. Which in many cases is not just for the whole of this year but for […]
The six-year bull market lives on after the S&P 500 (SPX) finished at record highs—and in a week for mediocre economic and earnings numbers.The broad-market index is now up 1.8 percent in May and 3 percent year to date. With its gain, risk perceptions seem to be easing along with market volatility.But don’t look now. Wall Street’s bullish bias faces […]
The Stock Market is Topping!Stock-Markets / Stock Markets 2015May 17, 2015 – 07:47 AM GMTBy: Brad_GudgeonLast time I wrote, I expected to see new highs on the S&P 500. The week before, I submitted a cycle chart where an expected three week cycle top should occur on May 18th. We are within a hair’s breadth of the 2130 target I […]
