Author Archives: macromon

Global Risk Monitor: Week In Review – April 26

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COTD: Mag 7 Converging

COTD – Chart of the Day While the cohort of seven megacaps has done well in the last two years because of their superior earnings-per-share growth relative to the broader market, this advantage could decrease in 2024 and even more … Continue reading

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Biden Rising

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S&P 500 Key Levels

The cash S&P 500 has regained 37.6 percent of its 311.28-point decline from the high on April 1st. The index closed today slightly below a critical 0.382 Fibonacci retracement level. If the futures maintain their bump in after-hours, a reaction … Continue reading

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S&P500 – Will the 20-week MA hold after six straight down days?

The S&P 500 closed precisely at its 20-week moving average following six consecutive days of declines. It is noteworthy that the index briefly dipped below its 20-week moving average during after-hours trading early on Friday, but rebounded as the Israeli-Iranian … Continue reading

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Global Risk Monitor: Week In Review – April 19

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Masters Week: A Chip Better Than Semis

“Here it comes. Oh my goodness. In your life have you seen anything like that?” — Vern  Lundquist, 2005 Masters

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U.S. Budget Deficit: March Data

The Treasury released the latest budget data last week, indicating a 12-month rolling deficit of $1.7 trillion, equivalent to our estimated 5.86% of GDP. The deficit-to-GDP ratio is trending positively, showing a decrease in the deficit relative to GDP. This … Continue reading

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Masters Week: Jack and German POWs (BFTP)

BFTP: Blast From The Past Originally Posted April 7, 2022 Go Tiger! What a story! Nike pays tribute to Tiger Woods, featuring @ScHoolboyQ ⛳️pic.twitter.com/jrSGsQJmbG — Front Office Sports (@FOS) April 7, 2022 Originally Posted on April 8, 2013 Answer to … Continue reading

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Global Risk Monitor: Week In Review – April 12

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