Author Archives: macromon

Global Risk Monitor: Week In Review – May 3

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Protesting is the ‘New Sex’ – Professor Galloway

Don’t let the title scare you off; this is a must-view.   Money Quote (be sure to view the video for context): Free speech is never freer when it’s hate speech directed at Jews. – Prof Galloway Click here to view … Continue reading

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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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