Stock Market Selling Pressure Increasing in Stocks?

Stock-Markets / Stock Markets 2010
Mar 27, 2010 - 05:58 AM

By: Anthony_Cherniawski

U.S. Michigan Consumer Index remains Flat.

Confidence among U.S. consumers was higher than anticipated in March as companies slowed the pace of job cuts and stocks advanced.

Gains in confidence and fewer job losses may help sustain consumer spending and fuel the economy in coming months. A pickup in Americans’ purchases, which account for about 70 percent of the economy, hinges on employment growth that has yet to materialize.

Bernanke Wants to End Bank Reserve Requirements Completely: Does it Matter? What Chaos will Result?

"The Federal Reserve believes it is possible that, ultimately, its operating framework will allow the elimination of minimum reserve requirements, which impose costs and distortions on the banking system." There has been a lot of discussion over this line in various places such as on Yahoo Finance: Bernanke Wants to Eliminate Reserve Requirements Completely http://finance.yahoo.com/tech-ticker/be ... 44354.html

If there were no minimum reserve requirements, what kind of chaos would that lead to in our financial system? Not that we are operating with sound money now, but is the solution to have no restrictions at all? Of course not. What in the world is Bernanke thinking?

Unemployment Climbed in 27 U.S. States, Fell in Seven.

Unemployment increased in 27 U.S. states in February, and dropped in seven.

The report indicates broad-based hiring is yet to develop following the loss of 8.4 million jobs since the recession began in December 2007. Florida, Nevada, Georgia, and North Carolina set record levels of joblessness last month.

Is selling pressure increasing in stocks?



-- The two red volume bars in the S&P 500 this week are not a good sign. It is a good indication that selling pressure is increasing in stocks. Although there are no losses as of yet, it appears that the urge to take profits after this recent rally is increasing, especially at the quarter end. Mutual fund managers generally cannot sell unless their clients do, but private money managers may. Is it time to look for the exits? http://www.zerohedge.com/article/joe-sa ... -out-exits

Have bonds seen their best days?



-- Bill Gross, manager of the world’s biggest bond fund at Pacific Investment Management Co., said the almost three-decade bond market rally may be drawing to a close. “Bonds have seen their best days,â€