SummaryThe stock market is overdue for at least a modest pullback in the near-term.
When exactly might we expect such a correction to take place?
How far can we expect the stock market to fall once it finally arrives?
How should investors react once this correction finally takes place?
And what will this anticipated correction mean for the sustainability of the long running bull […]
REUTERS/Mosab Omar The Dubai stock market crashed today, with the main index falling over 6.5%, after being down 8% at one point.BloombergThe market has been in a bear market even before today, having fallen about 20% over the last month.One big negative driver has been Arabtec, a big construction company, whose shares have been plunging amid layoff rumors. The stock […]
Morning technical analysis – 10 June 2014June 10, 2014 by Craig Erlam in Technical analysisEURUSDAfter seeing a lot of volatility towards the end of last week, this pair has once again stabilised around the same levels it was trading at ahead of the ECB decision. The pair is again finding support around 1.3590 and may fall back into the same […]
Morning technical analysis – 15 May 2014May 15, 2014 by Craig Erlam in Technical analysisEURUSDThe sell-off in the euro may have only just begun, despite having fallen more than 3 cents against the dollar (300 pips) since failing to break 1.40 a week ago. Yesterday’s gains appear to have been nothing more than a brief period of consolidation, with the […]
For weeks, months, and even years now, 330RAMP CAPITAL (the ironic phrase used to indicate the oh-so-visible hand of ‘someone’ that decides te last 30 minutes of the US trading day is the perfect liquidity time to slam VIX lower and panic-buy stocks). However, as Gavekal notes, recently we have seen an increasing number of weak-ish stock market closes.Via Gavekal,We’ve […]
One part of the market has held on, another part seems to be falling apart.
Over the last month or so the S&P 500 and Dow Jones Industrials have essentially moved sideways, but the Nasdaq and Russell 2000 have clearly trended lower.
Tech stocks, and specifically biotech stocks, have really taken a beating. However, there has been a slight recovery over the […]
After two hard days down in the stock market I’m going to take a contrary position and say that this is just a normal profit taking event and that stocks are going to recover and head back up to new highs. I still think this market needs to have a final blow off bubble phase before the bull can die. […]
The MSCI World Index closed at an all-time-high Thursday, blowing past the pre-recession peak in October 2007 for the first time.This coincided with the S&P 500’s all-time-high, which came on the fifth anniversary of the U.S. bull market.As American Enterprise Institute’s Mark Perry notes, the MSCI has spiked 17.5% in the past year.”Bottom Line: The global stock market rally […]
Morning technical analysis – 25 February 2014February 25, 2014 by Craig Erlam in Technical analysisEURUSDWe’ve seen some consolidation in this pair over the last week or so, ever since it failed to make new highs for the year, having come within a couple of pips of the 2 January highs. This level has been tested, and held, a few times […]
Morning technical analysis – 10 February 2014February 10, 2014 by Craig Erlam in Technical analysisEURUSDThe euro is looking a little more bullish against the dollar this morning, although it is still very much in a short-term downtrend as it stands. Last week was quite bullish for the pair, as you can see on the weekly, with it having produced an […]
