Tuesday, June 11, 2013

Bear Radar

Style Underperformer:
  • Small-Cap Value -.82%
Sector Underperformers:
  • 1) Coal -3.03% 2) Gold & Silver -2.55% 3) Steel -1.78%
Stocks Falling on Unusual Volume:
  • TLK, IRE, IBN, C, BBVA, PBR, STO, XNPT, TVL, KERX, GNMK, LULU, XTEX, WAGE, DBL, SHOS, WWAV, HPS, PKO, MFRM, SCTY, AN, BNNY, EVEP, DLX, CSOD, POR, FNF, NAV, VNQI, AMRE, IFGL, UAN, DLX, AN, POR and MFRM
Stocks With Unusual Put Option Activity:
  • 1) AMTD 2) SCHW 3) SCCO 4) HYG 5) STT
Stocks With Most Negative News Mentions:
  • 1) MXIM 2) MCO 3) T 4) WFC 5) NAV
Charts:

1 comment:

theyenguy said...

On Tuesday, June 11, 2013, commodities and stocks gapped down at market open on the failure of Kuroda Abenomics.

The market turned Risk OFF, OFF, and Volatility, ^VIX, TVIX, rose in the beginning of an Elliott Wave 3 up pattern, as currency traders blasted the Japanese Yen, FXY, higher to strong resistance at 102.99, and the Euro, FXE, higher as well to close at strong resistance at 131.92; which pushed the world’s leading commodity currency, the Australian Dollar, FXA, and the US Dollar, $USD, UUP, lower. MSN Finance charts shows that since May 3, 2013, the Australian Dollar, FXA, has lost 8%, causing disinvestment a 15% disinvestment out of Australia, EWA, as well as out of high yielding Australia Dividends, AUSE, and a 25% disinvestment out of Australia Bank, WBK.

Reuters reports Stocks slump after Bank of Japan disappoints, stoking stimulus jitters. Japan, EWJ, and Japan Small Caps, JSC, both traded strongly lower, on the higher Yen. FXY. Not only did the Nikkei, NKY, trade lower; but bond vigilantes called the Interest Rate on the Japanese 10 Year Government Debt higher, causing its inverse, JGBS, to rise in value.

Global debt deflation is underway, as the monetary policies of Liberalism’s Bankers, Ben Bernanke, Mario Draghi, and Haruhiko Kuroda are failing, and in fact caused the death of the fiat money system on May 24, 2013, when carry trade investment, ICI, and Junk bonds, JNK, trade sharply lower. Global ZIRP, has failed, and out of today’s rising interest rates, there is a soon coming global credit bust and financial system breakdown, as foretold in bible prophecy of Revelation 13:3. Authoritarianism’s new leaders, specifically statist nannycrats, will provide regional governance economic policies, to establish regional security, stability and sustainability, and in so doing establish the diktat money system for one’s trust.


Action Forex mid-day chart shows the EUR/JPY at 128.507, this is seen in the Stockcharts.com chart of FXE:FXY, closing strongly lower, forcing delveraging and derisking out of currency carry-trade investment world wide, especially the S&P High Beta Stocks, SPHB, Semicondutors, SMH, and Global Industrial producers, FXR.

Most every equity sector traded lower; these included

Uranium Miners, URA, Rare Earth Miners, REMX, and Copper Miners, COPX, which turned Industrial Miners, PICK, lower.

Coal, KOL, and Steel, SLX,

Solar Energy, TAN, SCTY, CSIQ, JASO, YGE, FSLR, HSOL, TSL, SPWR, ASTI, which tuned Semiconductors, SMH, BRCM, TXN, AMAT, ONNN, TSM, lower.

Gold Mining, GDX, GDXJ and Silver Mining, SIL, SILJ, SSRI

Energy, XOP, PSCE

Energy Service, OIH, IEZ

Small Cap Pure Value, RZV, WAGE, MFRM, MEC, ISLE, MCS, BYD, ELY, TAXI, LAD, CSS, WGO, CIXG, TISI, POOL, SPS

Gaming, BJK

Clean Energy, PBD

US Infrastructure, PKB

Homebuilding, ITB

Yield bearing investments trading lower included EMFN, BRAF, EPI, EUFN, DRW, TAO, DGS, DLS, EDIV, SEA, PSP, DBU, AUSE, also, FNIO, KBWD, REM, REZ, turned IYR, and ROOF, lower.