Bryan Leighton's Blog – September 2011 Archive (87)

Is Technology The Next Sector To Breakdown?

The technology heavy NASDAQ Composite has held up better than the other major stock indexes such as the Dow Jones Industrial Average, S&P 500 Index and the Russell 2000. As long as the NASDAQ Composite holds up and does not breakdown, this tells us that people are still willing to take on risk. Please remember, most stocks in the NASDAQ Composite do not issue dividends. The majority of stocks in the NASDAQ are considered growth stocks, therefore, if this sector breaks down it is a… Continue

Added by Bryan Leighton on September 30, 2011 at 11:24am — No Comments

Buffett Bounce

When the stock markets get into serious trouble the Oracle of Omaha will come out of the woodwork to defend stocks. Once again, Warren Buffett just appeared on CNBC live from the New York Stock Exchange. Mr. Buffett said that he is buying stocks and is investing in the United States. The SPDR S&P 500 Index (NYSE:SPY) has climbed sharply off the lows. Traders should watch for intra-day resistance on the SPY around the $115.52 area.



Nicholas Santiago…

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Added by Bryan Leighton on September 30, 2011 at 10:37am — No Comments

Financial Stocks Are Talking

On days like this, where the stock markets are down sharply at the start of the day there is only one place to look for guidance, it is the financial stocks. As long as the financial stocks remain weak traders must expect lower prices on the major stock indexes. If and when the financial stocks bounce that is when the major stock indexes will catch a small bid and trade higher.



J.P. Morgan Chase & Co (NYSE:JPM) is the most important stock in the United States… Continue

Added by Bryan Leighton on September 30, 2011 at 10:10am — No Comments

It Is Time To Bring Out Buffett

This afternoon, the major stock indexes have once again rolled over reversing a 200.0 point rally on the Dow Jones Industrial Average (DJIA). The talking heads in the financial media continue to talk about the recovery from the 2008 financial crisis, meanwhile, we are still in that very same crisis. Stocks such as J.P. Morgan Chase & Co (NYSE:JPM), Bank of America Corp (NYSE:BAC), and other financial giants continue to look terrible on the charts. Investors are still waiting to hear… Continue

Added by Bryan Leighton on September 29, 2011 at 3:58pm — No Comments

Buying Opportunity As DOJ Joins SEC On China Stocks

Today, word hit the markets that the U.S. Department of Justice is helping the Securities & Exchange Commission look into “accounting irregularities” among U.S. listed Chinese stocks. This sent companies like Baidu.com, Inc. (ADR) (NASDAQ:BIDU) and Sohu.com Inc. (NASDAQ:SOHU) down over 10%. Other Chinese stocks listed on the U.S. exchanges dropped as well.



While this news is causing some selling, it is probably the best possible outcome and should be cheered. It also may be setting… Continue

Added by Bryan Leighton on September 29, 2011 at 12:59pm — No Comments

Why The Stock Market Rally Will Hold Today

The stock market opened sharply higher today. This move took the Dow Jones Industrial Average up by more than 200 points. In the last two days, similar up moves have taken place but sharp selling has come in late in the day and driven the markets back down. Today, the markets are seeing sharp selling again from the gap higher. While this looks almost identical to the last few days, there are some major differences.



First, the sharp sell off is occurring very early in the day. This is… Continue

Added by Bryan Leighton on September 29, 2011 at 11:56am — No Comments

Forget Europe, This Is Worse

As you all know, the banking crisis in the European Union is an absolute disaster. Most of the countries in the European Union are insolvent and they will have to likely default at some point. Whether or not there is a structured default remains to be seen. At this time, the European Union is likely pass this European Financial Stability Facility (EFSF) to help bailout all of the Euro-zone banks in the near term. This plan is simply paying off debt with more debt. While it may keep the European… Continue

Added by Bryan Leighton on September 29, 2011 at 10:58am — No Comments

Will This Early Rally Fade Again?

Nearly every day the major stock indexes gap up sharply or gap down sharply. The stock market participants are extremely focused on every rumor or word coming out of the European Union. Who really knows what to believe at this point? One day Greece is going to be bailed out again, the next day Greece is going to default. One day Germany says they will bailout the Euro Union, the next day they will not. This news is absolute insanity for anyone that trades off of news or the so called… Continue

Added by Bryan Leighton on September 29, 2011 at 10:24am — No Comments

There Is Only One Way To Get It Up

As you may know, the major stock market indexes have been struggling since topping out in May 2011. Since that time, there has only been one way to get this market to trade higher; the U.S. Dollar Index has to decline. That's right, unless the U.S. Dollar Index sells off or declines the stock markets cannot seem to trade higher. In fact, when the U.S. Dollar Index strengthens everything deflates and trades lower. Several months ago when oil and commodity prices were soaring higher it…
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Added by Bryan Leighton on September 28, 2011 at 3:44pm — No Comments

Targets On Three Major Stocks

While most of the market has been under recent pressure, three stocks have stood out and defied the market downturn. They have pushed higher and are all heading towards master levels. These levels will be revealed and should they hit, will be a long term pivot top according to proprietary technical signals.



Amazon.com, Inc. (NASDAQ:AMZN) is soaring today, trading at $235.16, +10.95 (+4.88%) . This is a monster gain as the company is set to unveil its iPad-like device. Amazon.com has… Continue

Added by Bryan Leighton on September 28, 2011 at 1:10pm — No Comments

Future Stock Market Guide Revealed

Today is a major day. Simply put, the S&P 500 is trading right on a major break down, break out trend line.

Should the markets close lower, sharp downside is expected in the coming days. If the markets close higher, neutral to upside continues into next week. The SPDR Dow Jones Industrial Average ETF (NYSE:DIA) $111.97, +0.26 (+0.23%).



The markets continue to hope that Europe will reach some sort of major bailout deal. Germany continues to be one of the major resistance points.… Continue

Added by Bryan Leighton on September 28, 2011 at 12:45pm — No Comments

Commodity Stocks Face Early Pressure

The leading commodity stocks are coming under some early selling pressure this morning. Traders must understand that it is the commodity stocks that have lead the recent declines in the markets. Leading commodity stocks such as Freeport McMoRan Copper & Gold Inc (NYSE:FCX), Cliffs Natural Resources Inc (NYSE:CLF), and BHP Billiton Ltd (NYSE:BHP) should all remain weak if the U.S. Dollar Index can gain some strength and trade higher throughout the trading day.…



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Added by Bryan Leighton on September 28, 2011 at 11:08am — No Comments

The Chart Tells Us Everything

The major stock indexes continue to trade inverse to the U.S. Dollar Index. As soon as the opening bell rings at the New York Stock Exchange traders should simply follow a chart of the U.S. Dollar Index futures (DX Z1), or the PowerShares DB US Dollar Index Bullish (NYSE:UUP). When the U.S. Dollar Index dips the major stock indexes will inflate and trade higher. The opposite is true when the U.S. Dollar Index rallies or trade higher as the major stock indexes will usually decline and… Continue

Added by Bryan Leighton on September 28, 2011 at 10:32am — No Comments

By The Charts: Wednesday Make Or Break For Market

The markets staged a late day dramatic sell off. While still holding some gains, the Dow Jones Industrial Average fell 200 points from its highs in the final hour. The sell off recaptured a major bearish trend line. You can see this trend line on the chart below. This makes Wednesday, September 28th, 2011 pivotal.



Should the markets hold below this level on a closing basis, further selling will continue into next week. The SPDR S&P 500 ETF (NYSE:SPY)…
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Added by Bryan Leighton on September 27, 2011 at 9:41pm — No Comments

Pick Your Poison

In order for the stock market to rally or trade higher the U.S. Dollar Index has to decline. This has been proven repeatedly over the past ten years. Traders can simply look at an intra-day chart of the U.S. Dollar Index and see how quickly the SPDR Dow Jones Industrial Average (NYSE:DIA) will deflate and trade lower as soon as the U.S. Dollar Index catches a bid higher. This afternoon, the Dow Jones Industrial Average (DJIA) was trading higher by more than 300.0 points, as soon as the… Continue

Added by Bryan Leighton on September 27, 2011 at 3:53pm — No Comments

Three Stocks That Could Spell Trouble For Market Rally

The markets continue to hold their gains today. The Dow Jones Industrial Average is trading higher by just under 300 points. Rumors are flying from Europe. It appears a major bailout plan is in the words and could be unveiled in days. While the bulls are jumping for joy, three stocks signal a warning to the entire market and the sustainability of this rally.



The bank stocks have been and will be the key to any sustainable rally in the market. They were the leading indicator on the…
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Added by Bryan Leighton on September 27, 2011 at 3:23pm — No Comments

Lost Cause: Stock Markets Surge On Hopes And Dreams

The markets are surging today on major optimism over the European debt scenario. Late yesterday, news broke that the powers in Europe are preparing to handle the crisis with major initiatives. These initiatives will mirror those done by the United States in 2008. The SPDR S&P 500 ETF (NYSE:SPY) is trading at $118.89, +2.65 (+2.28%).



The markets continue to go through panic and fear, then hopes and dreams. This possible deal will turn out to be reality soon. However, it will not… Continue

Added by Bryan Leighton on September 27, 2011 at 12:04pm — No Comments

J.P. Morgan Chase Is Still The Stock Market Barometer

If you want to know what the stock market is doing just follow J.P. Morgan Chase & Co (NYSE:JPM). This stock is the leading financial company in the United States and possibly the entire world, therefore, it will generally lead the major stock indexes. At this time, there is a banking crisis going on around the world. Sure, the European banks might be where all of the recent focus is, however, all of these banks have some exposure to European debt and that is why these bailouts are… Continue

Added by Bryan Leighton on September 27, 2011 at 11:20am — No Comments

Precious Metals Shine Early

This morning, the precious metals are all trading sharply higher. The catalyst for the rally in gold and silver is the European Union bailout plan. Traders should be aware that if this European Union bailout plan turns out to be a hoax the major stock indexes and the precious metals could decline again. At this time, the move higher in the precious metals are signaling inflation in the markets and the economy.



The SPDR Gold Shares (NYSE:GLD) are trading higher by… Continue

Added by Bryan Leighton on September 27, 2011 at 10:44am — No Comments

Rally In Stocks Means Weaker U.S. Dollar Index

This morning, the important U.S. Dollar Index futures (DX Z1) are declining sharply lower by 0.88 cents to $78.18 per contract. When the U.S. Dollar Index declines the major stock market indexes will inflate and trade higher. Yesterday afternoon the U.S. Dollar Index dropped as there was news reported that the European Union will implement a massive bailout plan. Whether or not this news is true when the DXY declines the stock markets will inflate. Should by chance the U.S. Dollar Index… Continue

Added by Bryan Leighton on September 27, 2011 at 10:05am — No Comments

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