Monthly Archives: February 2013

VIX Spikes and the S&P500

Epic 34% spike in the VIX today. The 1oth largest daily percent increase since 1990 and biggest since August 2011, which, at the time was in the midst of a nasty correction/mini bear market.   The S&P500 is only off … Continue reading

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Daily Interest Rate Monitor – February 25

Huge move in VIX today.  Biggest move since August 2011 and 10th largest since 1990.  Also note the 2-10’s US Treasury spread 12 bps flatter. (click here if table is not observable)

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The Oscar Trade: Long Berkshire Hathaway On Anne’s Oscar

Let’s face it folks global markets have turned into the Truman Show. In other words, much, if not, everything is pretty much fake.   An artificial housing recovery based  on repressed interest rates and the effective nationalism of the mortgage market … Continue reading

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Macro Fishing – Five Good Reads

Challenges for the new Governor of the Bank of Japan – Gavyn Davies,  FT Is there a tipping point for government debt? – Washington Post WonkBlog Global Economy-Hoping for Answers to Three Big Questions – Reuters Are Stock Markets Really Becoming … Continue reading

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Overbought and Oversold Markets – February 22

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price moves. The RSI moves between zero and 100 and is considered overbought with a reading above 70 and oversold when below 30.  Note … Continue reading

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Global Trend Indicators

Click tables to enlarge. (click here if tables are not observable)

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Italy’s own Mr. Normal? A look at Luigi Bersani – France 24

Some more background on one of the candidates in  tomorrow’s HUGE Italian elections. (click here if video is not observable)

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Week in Review

Click charts to enlarge. (click here if charts are not observable)

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Weekend Lecture: In Conversation with Daniel Kahneman

We can never get enough of Daniel Kahneman. Published on Jun 7, 2012 Speaker(s): Professor Daniel Kahneman Discussant: Professor Paul Dolan Chair: Evan Davis Recorded on 1 June 2012 in Peacock Theatre, Portugal Street Daniel Kahneman is Eugene Higgins Professor … Continue reading

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U.S. Equity Sector ETF Weekly Performance – February 22

(click here if charts are not observable)

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