Global Economic Intersection
Advertisement
  • Home
  • Economics
  • Finance
  • Politics
  • Investments
    • Invest in Amazon $250
  • Cryptocurrency
    • Best Bitcoin Accounts
    • Bitcoin Robot
      • Quantum AI
      • Bitcoin Era
      • Bitcoin Aussie System
      • Bitcoin Profit
      • Bitcoin Code
      • eKrona Cryptocurrency
      • Bitcoin Up
      • Bitcoin Prime
      • Yuan Pay Group
      • Immediate Profit
      • BitQH
      • Bitcoin Loophole
      • Crypto Boom
      • Bitcoin Treasure
      • Bitcoin Lucro
      • Bitcoin System
      • Oil Profit
      • The News Spy
      • Bitcoin Buyer
      • Bitcoin Inform
      • Immediate Edge
      • Bitcoin Evolution
      • Cryptohopper
      • Ethereum Trader
      • BitQL
      • Quantum Code
      • Bitcoin Revolution
      • British Trade Platform
      • British Bitcoin Profit
    • Bitcoin Reddit
    • Celebrities
      • Dr. Chris Brown Bitcoin
      • Teeka Tiwari Bitcoin
      • Russell Brand Bitcoin
      • Holly Willoughby Bitcoin
No Result
View All Result
  • Home
  • Economics
  • Finance
  • Politics
  • Investments
    • Invest in Amazon $250
  • Cryptocurrency
    • Best Bitcoin Accounts
    • Bitcoin Robot
      • Quantum AI
      • Bitcoin Era
      • Bitcoin Aussie System
      • Bitcoin Profit
      • Bitcoin Code
      • eKrona Cryptocurrency
      • Bitcoin Up
      • Bitcoin Prime
      • Yuan Pay Group
      • Immediate Profit
      • BitQH
      • Bitcoin Loophole
      • Crypto Boom
      • Bitcoin Treasure
      • Bitcoin Lucro
      • Bitcoin System
      • Oil Profit
      • The News Spy
      • Bitcoin Buyer
      • Bitcoin Inform
      • Immediate Edge
      • Bitcoin Evolution
      • Cryptohopper
      • Ethereum Trader
      • BitQL
      • Quantum Code
      • Bitcoin Revolution
      • British Trade Platform
      • British Bitcoin Profit
    • Bitcoin Reddit
    • Celebrities
      • Dr. Chris Brown Bitcoin
      • Teeka Tiwari Bitcoin
      • Russell Brand Bitcoin
      • Holly Willoughby Bitcoin
No Result
View All Result
Global Economic Intersection
No Result
View All Result

Weekend Market Commentary: Special Edition

admin by admin
June 7, 2014
in Uncategorized
0
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Written by Gary

Weekend Market Commentary For 05-31-2014

UPDATED: 0945 EST 2014-06-07

Last weekend I posted the bears story. This weekend the bulls have their say in various arguments that ‘prove’ they are in this for the long haul and the bears don’t have a chance. So far this past week seems to play out in the bulls favor despite the doom and gloom articles proliferating the headlining the financial web pages.

Jeffrey Dow Jones says, “I can’t imagine why anyone would still be uncertain about the stock market.” . . . and he may be right!

Jeffery goes on to say, “What I see has been and continues to be a fantastic environment in which to own stocks and all the technicals are flashing green . . . some important fundamentals look pretty good too.” Read his article, The Only Game in Town, HERE.

The bulls are claiming this bull market is here to stay and is, in fact, the only game in town, so sit back and enjoy.

Enjoy The Ongoing Secular Bull Market: Part I

Summary

  • Distinguish between secular and cyclical bull markets.

  • This cyclical bull market is the first phase of a secular bull market that will reach the 2020s.

  • Johnson and Johnson, and WalMart provide proof the bull market is secular.

One very consistent problem with Seeking Alpha authors (including yours truly! my mirror is working…) is our tendency to use a financial or technical phrase without carefully defining it. How many times have you read about a stock market “bubble?” Has anyone defined the term for general use, or in the article they wrote? Even Nobel Prize winner Robert Schiller didn’t do it here.

Another term often bandied about is “secular bull market.” What does this mean? Read More >>

I am not so sure earnings have been all that great as operating earnings FELL from $28.25 per share to $27.32 which translates into a quarterly decrease of 3.4%., but Mr. Overstreet thinks things are going to get a lot better.

He also states, “I think that there is no proof that QE is propping up the market. I remember that when QE began, the claim was that it would prop up gold and raise inflation, but that didn’t happen, so people pointed to stocks instead”.

Earnings Growth Suggests Things Will Get A Lot Better Before They Get Worse

Summary

  • By looking at the shape of earnings growth over the course of a business cycle, we can make predictions about future stock performance.

  • The history of earnings growth and the stock market indicates that medium-term returns are propelled by brief, reflexive, contrapuntal bursts in earnings.

  • Earnings grew nearly 800% in the twelve months ending in June 2010 after collapsing over 80% from their June 2008 levels.

  • If we can extrapolate from the history of earnings growth, we can estimate that the S&P 500 will roughly double by the end of the decade.

  • History also suggests that the gains could be disproportionately skewed to the 2014-2017 period.

Every reliable historical indicator that I have been studying for the last eighteen months suggests that this market (SPY,DIA,QQQ) continues to be biased to the upside.

In this article, I am going to argue that the history of one indicator, earnings growth, tells us that the market has much higher to go yet, roughly another 10% per annum until the decade is out (putting the S&P 500 near 4000 by 2021), but also that that growth may primarily come within the next three years. Read More >>

Mr. Wachtel writes a very good summary in the eyes of many analysts of where we are and what is in store for investors.

Lessons For The Coming Week And Beyond: What’s Behind The Rally And Headlines?

Summary

  • Technical Outlook: Modest upward momentum revives.

  • Fundamental Outlook, Near Term: Likely near term drivers behind the rally despite mixed data, longer term potential market movers on the horizon.

  • Fundamental Outlook, Longer Term: Longer term potential market movers on the horizon.

Read More >>

Cam Hui is without a doubt one of clearest thinkers in the financial world. He analyzes the markets and data with a keen eye and reports his opinions ‘fairly, honestly and in good faith’. One commenter wrote, “The bearish indicators you mention are far more convincing than the bullish indicators you mention.” Read the article and let me know what you think?

Correction, Interrupted

The analysis of financial markets has a low signal-to-noise ratio. Under those circumstances, good traders need to learn to admit when they were wrong and I am prepared to do that. Regular readers will know that I have been fairly cautious about the intermediate term outlook for U.S. equities and I have been calling for a correction this summer. However, with the SPX pushing to new highs last week. It’s time to throw in the towel on the correction scenario (as did Dennis Gartman and Ralph Acampora last week).

Read More >>

(Follow Closing Market Averages at end of this article)

Possible Fracking-Earthquake Link Could Challenge Oil And Gas Industry by Daniel Jennings

WTI oil closed Friday at 102.77 +0.28 (+0.28%)

The Demon The Gold Bears Are Mistakenly Overlooking

Gold closed Friday at 1253.30 0.00 (0.00%)

Copper Price Index Up, But Still In A Bear Market by MetalMiner

Copper closed Friday at 3.055 -0.035 (-1.14%)

If you would like to get advanced buy/sell tweets, sign-up in the column to the right of this post by clicking on the ‘Follow‘ button. Write me with suggestions and I promise not to bite.

Friday’s Market Numbers

 

 

Leading Stock Quotes powered by Investing.com

 

 

To contact me with questions, comments or constructive criticism is always encouraged and appreciated:

[email protected]

 

Written by Gary

 

Previous Post

Is the Economy Flying at Stall Speed?

Next Post

The Dangerous Lure of Austerity to Progressives Seeking to Reduce Pentagon Spending

Related Posts

Bitcoin Whales Invest Aggressively As Small Holders Divest
Economics

Bitcoin Whales Invest Aggressively As Small Holders Divest

by John Wanguba
June 7, 2023
Why Is The SEC Suing Binance?
Business

Why Is The SEC Suing Binance?

by John Wanguba
June 6, 2023
Bitcoin Has Been ‘Killed’ 474 Times But Its Still Alive And Kicking
Economics

Bitcoin Has Been ‘Killed’ 474 Times But Its Still Alive And Kicking

by John Wanguba
June 5, 2023
Japanese Regulators Issue Stern Warning To OpenAI For Data Collection
Business

Japanese Regulators Issue Stern Warning To OpenAI For Data Collection

by John Wanguba
June 5, 2023
What Are BRC-30 Tokens?
Econ Intersect News

What Are BRC-30 Tokens?

by John Wanguba
June 2, 2023
Next Post

The Dangerous Lure of Austerity to Progressives Seeking to Reduce Pentagon Spending

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin adoption Bitcoin market blockchain BTC business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Archives

  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • August 2010
  • August 2009

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized
Global Economic Intersection

After nearly 11 years of 24/7/365 operation, Global Economic Intersection co-founders Steven Hansen and John Lounsbury are retiring. The new owner, a global media company in London, is in the process of completing the set-up of Global Economic Intersection files in their system and publishing platform. The official website ownership transfer took place on 24 August.

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Recent Posts

  • Bitcoin Whales Invest Aggressively As Small Holders Divest
  • Why Is The SEC Suing Binance?
  • Bitcoin Has Been ‘Killed’ 474 Times But Its Still Alive And Kicking

© Copyright 2021 EconIntersect - Economic news, analysis and opinion.

No Result
View All Result
  • Home
  • Contact Us
  • Bitcoin Robot
    • Bitcoin Profit
    • Bitcoin Code
    • Quantum AI
    • eKrona Cryptocurrency
    • Bitcoin Up
    • Bitcoin Prime
    • Yuan Pay Group
    • Immediate Profit
    • BitIQ
    • Bitcoin Loophole
    • Crypto Boom
    • Bitcoin Era
    • Bitcoin Treasure
    • Bitcoin Lucro
    • Bitcoin System
    • Oil Profit
    • The News Spy
    • British Bitcoin Profit
    • Bitcoin Trader
  • Bitcoin Reddit

© Copyright 2021 EconIntersect - Economic news, analysis and opinion.

en English
ar Arabicbg Bulgarianda Danishnl Dutchen Englishfi Finnishfr Frenchde Germanel Greekit Italianja Japaneselv Latvianno Norwegianpl Polishpt Portuguesero Romanianes Spanishsv Swedish