Author Archives: macromon

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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Musicians, Know Thy Market

This chart really fits our zeitgeist of shorter attention spans and what used to be a 280-character culture. 

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Global Risk Monitor: Week In Review – April 5

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Looking to the Skies to Divine the Future

Next week’s solar eclipse has sparked speculation among some in the extremes of the evangelical community, suggesting it may herald the second coming of Christ. The eclipse, set for April 8, 2024, will be visible across much of North America. … Continue reading

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