logo
  Join        Login             Stock Quote

Five Situations Investors Need To Be Aware Of Today!

 February 07, 2013 10:45 AM


1. Several markets are at interesting junctures, about to fail at trend-line resistance or break out.

[Related -Tackling China's Debt Problem: Can Debt-Equity Conversions Help?]

2. Other markets that were overbought above 50-day moving averages like the U.S. market, have pulled back to retest the support at those moving averages, the question being which way now.

 

[Related -Will Job Growth Kill The Bear-Market Signal For Stocks?]

3. Investor nervousness regarding the short-term overbought condition of the U.S. market above 50-day moving averages can be seen in last night's weekly AAII sentiment poll, in which bullishness fell 5.3 to 42.8% and bearishness jumped 5.3 to 29.6%.

4. New weekly unemployment claims fell by 5,000 last week to 366,000. The more important four-week moving average, which smooths out the weekly volatility, fell by 2,250 to 350,500, a nearly five-year low.

4. In Europe, Germany's industrial production rose 0.3% in December, besting the consensus forecast for 0.2%. And in the U.K. British industrial production was up 1.1% in December, also better than the consensus forecast of 0.9%.

5. Insiders are selling heavily again. The Vickers Weekly Insider Report is showing the sell-to-buy ratio on NYSE-listed stocks was at 9.2 to 1 last week. As Mark Hulbert reports on MarketWatch this morning, insiders have been selling heavily for several weeks but the market has continued to rise. Insiders are frequently early. Mark notes the sell-to-buy ratio was at 8.38 to 1 in mid-December, and says there were four occasions in the last ten years when the ratio got this high and the market continued higher for another month or two.

Advertisement

Advertisement


Post Comment -- Login is required to post message
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
 

rss feed

Latest Stories

article imageTackling China's Debt Problem: Can Debt-Equity Conversions Help?

China’s high and rising corporate debt problem and how best to address it has received much attention read on...

article imageWill Job Growth Kill The Bear-Market Signal For Stocks?

It’s all about jobs now. Actually, it’s always been about jobs. But the stakes are even higher—perhaps more read on...

article imageAutomating Ourselves To Unemployment

In this current era of central planning, malincentives abound. We raced to frack as fast we could for the read on...

article imageFed: Waiting For June… Or Godot?

The Federal Reserve left interest rates unchanged yesterday, as widely expected. But the possibility of a read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center

Related Articles:

Automating Ourselves To Unemployment
More Articles on: Finance



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.