Tag Archives: Stock Market

Stocks Better Than Alternatives – Economist

Posted on March 7, 2013 by

The Economist sums the melt up best: It is tempting to attribute the strength of the Dow to optimism about the American economy. Tempting, but wrong. Studies have shown almost no correlation between GDP growth and equity returns. Indeed, the … Continue reading →

Posted in Economics, Equities | Tagged , , , | 1 Comment

Correction Time? Now or Never…

Posted on February 20, 2013 by

The S&P500 had its worst daily decline for the year.  The VIX spiked over 19 percent, its biggest 1-day increase in 2013.  The dollar index closed at its highest level since November 16th,  which was the day the S&P500 bottomed … Continue reading →

Posted in Commodities, Dollar, Equities, Gold | Tagged , , , , , | 4 Comments

The Shanghai Cliff

Posted on November 26, 2012 by

The Shanghai Composite is trading very sloppy again and looks like a break of the 3-year low at 1995 is in the cards.  Last week it tested and bounced twice off this level on rumored government intervention. Kimble Charting Solutions … Continue reading →

Posted in China | Tagged , , | 2 Comments

Equities Approach Trend Support

Posted on October 10, 2012 by

We’ve been out (golf trip) and totally unplugged for the past few days and come back to yesterday’s major reversal in Apple (see chart)  and a big flip in the polls in favor of Governor Romney.   Equities are selling off … Continue reading →

Posted in Apple, Equities, Technical Analysis | Tagged , , , , , | Leave a comment

September!

Posted on September 4, 2012 by

Great charts from our friends over at The Chart Store. September is — ON AVERAGE — the cruelest month for stocks and FedEX is reinforcing the monthly seasonality trading down $3 in AH after warning of global weakness. MEMPHIS, Tenn., … Continue reading →

Posted in Equities | Tagged , | Leave a comment

Flopbook!

Posted on May 18, 2012 by

Why do we have this sense JP MO and Morgan Stanley are going to own a large book of Facebook stock at $38?   Maybe FB stock will be the Fed’s asset of choice during the next round of QE since … Continue reading →

Posted in Black Swan Watch, Equities | Tagged , , | 3 Comments

Markets Want More FED “Crack” – Harry Dent

Posted on April 4, 2012 by

Harry Dent does a pretty good job in ‘splaining today’s risk sell-off, in our opinion. We’re beginning to sense, however, the markets are awakening to the fact the U.S. government is going to have a funding problem. As the world … Continue reading →

Posted in Black Swan Watch, Budget Deficit, Gold, Japan, Monetary Policy, Sovereign Debt, Sovereign Risk | Tagged , , , , , , | Leave a comment

Masters Week: What Drives the Prize Money?

Posted on April 2, 2012 by

It’s one of our favorite times of the year.  Masters Week! The first of golf’s four major tournaments will tee it up on Thursday in Augusta and we’ll be posting some  factoids, data, video and Masters trivia. We start with … Continue reading →

Posted in General Interest, Sports | Tagged , , , , | 1 Comment

China HSBC Flash PMI At 4-Month Low

Posted on March 21, 2012 by

The HSBC Flash China Manufacturing PMI is showing further contraction. Could worries over China slowing, coupled with renewed jitters in Europe, be the catalyst for the long awaited correction in global equities?  That’s how we’re positioned, but recognize it’s a … Continue reading →

Posted in Black Swan Watch, China, Economics | Tagged , , , | Leave a comment

The Dow in the Year of the Dragon

Posted on January 23, 2012 by

Gong Xi Fa Cai!  恭禧發財 It’s now The Year of the Dragon and the Economist  has posted an interesting piece on the performance of the Dow Jones Industrial and the Chinese astrological calendar. The Economist writes, CHINESE people across the … Continue reading →

Posted in Charts, China, General Interest, Global Stock Performance, Technical Analysis | Tagged , , | 1 Comment