Monthly Archives: August 2017

Head & Shoulders Everywhere!

We once heard the late Yale prof., Stephen Ross, say that “if you stare at the clouds long enough,  you can see pink elephants.” We kind of feel that way, though not completely, about seeing patterns in stock charts.

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The Age Of Low Volatility

Interesting charts from the CME group’s  August 1st earnings release. It’s not just the VIX that has been tanking over the past few years,  but the volatility in almost all financial instruments and commodities has declined this decade and are … Continue reading

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Debate Within The FOMC: Bubblistas v. Efficient Marketistas?

We have finally made the time to more closely review the release of last week’s Fed minutes from the July 25-26 meeting.   We kind of like what we see. Debate Breaking Out Among FOMC Members? A debate appears to breaking … Continue reading

Posted in Equities, Interest Rates, Monetary Policy, Uncategorized | Tagged , , , , | 16 Comments

COTD: Today’s Cosmic Ballet

The “cosmic ballet” today is going to be the first one since 1918 where the path of darkness will cross the Pacific and Atlantic coasts as well as the first that will make landfall exclusively in the U.S. since independence … Continue reading

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Week in Review – August 18

Stock Indices Argentina stocks up big after the ruling coalition did better than expected in primary legislative elections last Sunday.  Emerging markets generally better bid than DMs.   Europe traded better as it looks the mighty Euro is taking a rest … Continue reading

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US Sector ETF Performance – August 18

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Global Risk Monitor – August 18

Click on table to enlarge and for better resolution

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Global Risk Monitor – August 18

Click on table to enlarge and for better resolution

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Transports And North Korea On The Radar

On August 1st we warned in our post, Watch This Space – Industrials v Transports, to monitor the Dow Industrials-Transports divergence: Not as relevant as it used to be,  but something to keep on your radar.  Transports approaching 200-day moving average … Continue reading

Posted in Equities, Geopolitical, Politics, President Trump, Uncategorized | Tagged , , , | 1 Comment

Build More Statues Of These Heroes

“They won.  Helped save the United States.  I like winners”.    Who could have said that? I have learned that success is to be measured not so much by the position that one has reached in life as by the obstacles … Continue reading

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