Capital Market Update; Investment & Finance Thread (Sept. 14 edition)

Weekly investment & finance thread ^ | Sept. 14, 2014 | Freeper Investors

[expat_panama]

Capital Market Update; Investment & Finance Thread (Sept. 14 edition)

In a phrase it looks like everything's beginning to bust loose for stocks, metals, bonds --something here for everyone!

 

Stocks chalked up another distribution day last Friday as the S&P nudges toward the famous 10-week moving aveage that serves as a floor in the good times and a ceiling in the bad.  Traders are also noticing that over the past week or two up volume was slight while down volume was strong.  Like maybe some kind of consensus or something, at least for the short term.  Remember however that major indexes only got 2 distribution days (downtrends usually want say, 6) plus things are looking more and more like we're finally tearing into our next 'super-cycle' leap (tx Wyatt!). 

Bottom line though, stocks are dangerous.  In fact a while back there was a story in the Miami Hearald about a guy that put his life savings in stocks and the next day he was killed by a huge pile of money falling on him.  Dave Berry column...

 

Metals dropped the other shoe this past week as Gold'n'Platinum were flirting w/ mult-year lows and silver actually made it to 2010 levels.  Historic prices is one the arguments some traders consider when they act like they're expecting further price drops. 

This is beginning to look like the broader commodity price trend, on this other thread --Oil demand growth slips to 'remarkable' 2½-year low (tx Chgogal!) we're seeing crude, gas, heating oil prices all in fade mode.

On top of all that, even the bond markets are romping into new territory as T-bills tank and the dollar soars.  (Talk about yer cash hoarding.) 

fwiw over the past few weeks the Yen, British Pound, Swiss Franc, Mexican Peso have all been falling while the Dollar's been climbing.

**************

 

So while everyone's got their own view point, what I'm seeing (mho) is we're into the end of the month/wrapping up the 3rd quarter, war breaking out in Syria-Iraq-Ukraine, and we're on the home stretch of the 2014 elections (maybe even getting some relief from headlines like Plans to Turn ‘Politically Binding’ UN Climate Change Accord Into Federal Law -hat tip to Lurkina.n.Learnin). 

Anyway, other than those things there's really no reason for all these new breakouts.

 

This is the thread where folks swap ideas on savings and investment --here's a list of popular investing links that freepers have posted here and tomorrow morning we'll go on with our--

Open invitation continues always for idea-input for the thread, this being a joint effort works well.   Keywords: financial, WallStreet, stockmarket, economy.

 

[expat_panama]

Someone please check to see if I got the colors reversed again 8P

[blueyon]

Would you mind adding me to your “Ping” list - Thank you!!

[expat_panama]

Done!

[Aquamarine]

Nice opener. Think you may be turning into an illustrator.

[Lurkina.n.Learnin]

This guy says NYSE volume is at lowest levels in ten years.

http://stocktwits.com/Vconomics/message/26692688?utm_source=t.co&utm_medium=community-twitter&utm_campaign=outboundteam

If his chart is accurate I’m confused. I thought with the amount of High Frequency Trading that is supposed to be going on it would be going up.

[expat_panama]

you may be turning into an illustrator.

lol, either that or handy w/ google images search key words "wealth creation"

[expat_panama]

NYSE volume is at lowest levels in ten years...   ... thought with the amount of High Frequency Trading that is supposed to be going on it would be going up.

Had me going too, but we're looking at a tech change.  This whole idea of "wall street" and the NYSE is something from a hundred years ago. 

A billion shares traded.  Big deal.  For decades now everyone's gone to electronic exchanges like the NASDAQ--

--where we trade 500 times as many shares.

[aposiopetic]

Please add me too. Thanks for the info!

[expat_panama]

ur on —just in time!

[expat_panama]

It's a lovely new Monday!  We got metals up and stock futures off; econ reports this AM:

Empire Manufacturing
Empire Manufacturing
Industrial Production
Capacity Utilization
 

News:

China anxiety knocks shares, oil Reuters - 7:27am LONDON (Reuters) - Stock markets fell on Monday after China's factory output grew at the weakest pace in nearly six years in August, while worries over the impact of another round of sanctions on Russian projects added to headwinds for Moscow-listed ...
Insider Buying Continues This Week as Market Trades Lower
This chart says the S&P could rally another 20% They say you can’t know where you’re going until you know where you’ve been. And that seems to hold true with the S&P 500, at least according to one technical analyst.
Will Apple's digital wallet kill the card swipe? Will Apple's digital wallet kill the card swipe? NEW YORK (AP) — Apple wants the plastic credit card to become as rare as the paper check. On Tuesday, the company announced Apple Pay, a digital payment system that lets people pay for retail store purchases using their phones rather than cash or… Associated Press
A Scary World, But Investors Trust The Fed - MoneyBeat
The Dollar Rally Is A Stress Test - Ambrose Evans-Pritchard
Prices, Paul Krugman & Consistency - Warren Meyer, Coyote Blog
Housing: Price Cuts Are Back - Bill McBride, Calculated Risk
How To Navigate A Bear Market - A Wealth Of Common Sense
The Strong Dollar Effect On Stock Markets - GaveKal Capital
Don't Believe Mr. Obama's Engineer Shortage Hype - John Tamny, Forbes

[aposiopetic]

Thanks!

[expat_panama]

Empire Manufacturing —expected 10, we got 27. Stock futures climbing...

[Rich21IE]

The “Dollar Rally a stress test” article is chilling.

[Wyatt's Torch]

[Diana in Wisconsin]

The drop in Precious Metals is REALLY interfering with my plans for world domination!

Grrrrr! :)

[expat_panama]

hmmmm. So “Asia Pacific ex Japan” should mean China, So. Korea etc....

[expat_panama]

The “Dollar Rally a stress test” article is chilling.

Seemed like that to me at first, then I noticed the piece was by Ambrose Evans-Pritchard --I've found him to be a bit of a nut job, really short on accuracy.  The image he's trying to push here is that gov't debt's ok but corp and over all debt's outta control.  That's all based on some mysterious kind of debt called "AXJ Debt" that's so mysterious they won't talk about it. 

The fed tracks debt because they got all the bank audit info.  Comparing fed. gov't debt along w/ total corp. debt --

--and w/ private debt--

--both show that the only place where debt's outta control is w/ the federal gov't.  Private households and businesses have been holding back.

[Wyatt's Torch]

AEP is as good as it gets in financial journalism

[expat_panama]

AEP is as good as it gets in financial journalism

Thanks for sharing, I see now I was wrong about AXJ debt --it's "Asia ex Japan" and apparently his focus in the article was on the world and not the U.S.