BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Today's technical outlook: Is the VIX signaling an end to the bear market?]]>http://www.bloggingstocks.com/2009/02/02/todays-technical-outlook-is-the-vix-signaling-an-end-to-the-be/http://www.bloggingstocks.com/2009/02/02/todays-technical-outlook-is-the-vix-signaling-an-end-to-the-be/http://www.bloggingstocks.com/2009/02/02/todays-technical-outlook-is-the-vix-signaling-an-end-to-the-be/#commentsFiled under: ,

The struggle between the bulls and bears continued on Friday with what appeared to be a victory for the bears. And, long-term, they do have the edge since there is little doubt that every major index is still pointing south.

Friday's close at 8,001 on the Dow surely got the bulls' attention, as 8,000 appears to have some psychological importance to the investing public. But it has little technical significance.

The support line that has held since November (with the exception of the bear trap of Nov. 20 and Nov. 21) is actually at around 7,940. And the numbers that most technicians refer to as "the" market's support is at the zone between S&P 500 800 and 820.

For guidance at crucial moments, I prefer to check out the most reliable internal and sentiment indicators.

Continue reading Today's technical outlook: Is the VIX signaling an end to the bear market?

Today's technical outlook: Is the VIX signaling an end to the bear market? originally appeared on BloggingStocks on Mon, 02 Feb 2009 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>capitulationcboe volatility indexCboeVolatilityIndexcococorinthian collegesCorinthianCollegessam collinsSamCollinstrade of the dayTradeOfTheDayvixMon, 02 Feb 2009 09:30:00 EST<![CDATA[Aren't stocks cheap now? Yes, but... ]]>http://www.bloggingstocks.com/2008/11/13/arent-stocks-cheap-now-yes-but/http://www.bloggingstocks.com/2008/11/13/arent-stocks-cheap-now-yes-but/http://www.bloggingstocks.com/2008/11/13/arent-stocks-cheap-now-yes-but/#commentsFiled under: , ,

One hears the mantra almost daily, often from friends and relatives:

Aren't stocks cheap? Look at those low P/Es! GE is at $15 a share, Intel below $14, Du Pont at about $27. My goodness, the Dow is down to 8,200. Isn't now a good time to buy stocks?

It is, if you believe the Dow is forming a bottom and/or that the worst of the financial crisis is behind us, and the U.S. economy is set to recover.

However, the alternate viewpoint argues that the Dow has not bottomed, could very well fall another 1,000 points, with panic selling (known as 'capitulation' in Wall Street circles) taking the Dow to levels well below that, at least for a short period of time, possibly longer.

Hence, purchasing shares for the first time now (or adding to existing positions) given the latter scenario would create an immediate 10% loss, or possibly more.

Monitor corporate earnings and job growth

What's a better tack to take concerning when to buy more shares? Monitor U.S. corporate earnings and job growth.

Continue reading Aren't stocks cheap now? Yes, but...

Aren't stocks cheap now? Yes, but... originally appeared on BloggingStocks on Thu, 13 Nov 2008 13:46:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bear marketbull marketcapitulationcorporate earningsDJIADowearningsearnings estimateearnings guidanceinthenewsjob creationjobspeprice per earningsU.S. Labor DepartmentThu, 13 Nov 2008 13:46:00 EST<![CDATA[Cramer on BloggingStocks: We need a washout ]]>http://www.bloggingstocks.com/2008/10/27/cramer-on-bloggingstocks-we-need-a-washout/http://www.bloggingstocks.com/2008/10/27/cramer-on-bloggingstocks-we-need-a-washout/http://www.bloggingstocks.com/2008/10/27/cramer-on-bloggingstocks-we-need-a-washout/#commentsFiled under: , , , ,

TheStreet.com's Jim Cramer says stocks are at insane value levels, but they'll drift lower until we get capitulation.

Go down, stay down. Find a level. Stop the nonsense with the futures. Wash 'em out. Capitulate.

These are everyone's sentiments today as we see the same thing play out over and over on the downside. We can't even remember what the "victory" of being down "only" 300 was Friday given that here we are right back on the red-hot griddle touching lower levels again today.

The volume of bad news is so overwhelming that we forget that there have been whole markets taken down at other times by a collapse of an emerging market or two, and now we have several runs on the IMF bank a week! Ukraine? How did Ukraine get in trouble? Hungary?

Oh shoot, I bet Switzerland's in trouble.

Continue reading Cramer on BloggingStocks: We need a washout

Cramer on BloggingStocks: We need a washout originally appeared on BloggingStocks on Mon, 27 Oct 2008 08:43:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>capitulationfeaturedjim cramerJimCrameru.s. steelU.s.SteelxMon, 27 Oct 2008 08:43:00 EST<![CDATA[Economic TKO: Bush will call recession capitulation]]>http://www.bloggingstocks.com/2008/03/14/economic-tko-bush-will-call-recession-capitulation/http://www.bloggingstocks.com/2008/03/14/economic-tko-bush-will-call-recession-capitulation/http://www.bloggingstocks.com/2008/03/14/economic-tko-bush-will-call-recession-capitulation/#commentsFiled under: , , , , , , , , ,

President George W. Bush

There has been so much crap thrown around about whether WE ARE in a full blown recession OR NOT that all the talk, is just that -- a lot of talk. Long time investors know well that if there is anybody left that thinks we are not in a recession than we have not reached final capitulation.

If we do not reach this level of pain, then we cannot get better. Admitting the problem is a major path to recovery. That is true for an alcoholic and our ailing economy. As long as the alcoholic keeps saying they can handle the problem, its not going away.

Our economy is drunk and falling over. You can call our current economic crises a "rose" for all I care, and for those that want to wait for the classic two quarters of negative growth to appear you can consider yourself followers not leaders. Leaders take action and try to avoid a crises. Followers, wait until there is a crises... and historians document and report on the difference between the two.

Continue reading Economic TKO: Bush will call recession capitulation

Economic TKO: Bush will call recession capitulation originally appeared on BloggingStocks on Fri, 14 Mar 2008 16:47:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>capitulationEconomic TKOEconomicTkoFalling DollarFallingDollarPresident BushPresidentBushRecessionFri, 14 Mar 2008 16:47:00 EST