Author Archives: macromon

Daily Risk Monitor – August 11

Posted on August 11, 2014 by macromon

Click on table to enlarge and for better resolution (click here if table is not observable)

Posted in Daily Risk Monitor | Tagged , , , , , | Leave a comment

Russell Turns Up

Posted on August 9, 2014 by macromon

The Russell 2000, which was selling off while the S&P500 was making new highs, is behaving better and worth watching here as it has turned up before the other indices (see chart).  Whether this is just short covering or a … Continue reading →

Posted in Equities, Technical Analysis | Tagged , , | Leave a comment

China in Bull Market

Posted on August 9, 2014 by macromon

Barron’s is reporting the seven year bear market in China is over as stocks have rallied 20 percent off their March lows. Francis Cheung, China strategist for CLSA in Hong Kong, notes that other factors are channeling money toward China. … Continue reading →

Posted in China | Tagged , , | Leave a comment

Shale Plays

Posted on August 9, 2014 by macromon

Great article and graphic in Monday’s Investor’s Business Daily about the country’s shale plays and how Texas is becoming a top oil producing region. Oil coaxed from the rapidly developing Eagle Ford and Permian Basin production areas recently lifted the … Continue reading →

Posted in Crude Oil | Tagged , , , | Leave a comment

US Sector ETF Performance – August 8

Posted on August 8, 2014 by macromon

(click here if charts are not observable)

Posted in Sector ETF Peformance | Tagged , | 1 Comment

Daily Risk Monitor – August 8

Posted on August 8, 2014 by macromon

Click on table to enlarge and for better resolution (click here if table is not observable)

Posted in Daily Risk Monitor | Tagged , , , , , | 1 Comment

ISIS Selling Black Market Crude for $30 bbl

Posted on August 7, 2014 by macromon

A friend sent over the following article from EnerCom Consulting quoting Reuters that Exxon and Chevron evacuated their staffs from Iraqi Kurdistan this morning.   They also reported, ABC News reports that analysts estimate ISIS currently makes $1 million a day … Continue reading →

Posted in Crude Oil | Tagged , | Leave a comment

Nasdaq Key Technical Levels

Posted on August 7, 2014 by macromon

The Nasdaq is holding up better than the S&P500 and Dow, off only 3.37 percent from its recent high, and yet to test its 100-day.  The index has even yet to break its 38.2 Fib retracement of the April 15 … Continue reading →

Posted in Equities, Technical Analysis | Tagged , | Leave a comment

US Sector ETF Performance – August 7

Posted on August 7, 2014 by macromon

(click here if charts are not observable)

Posted in Sector ETF Peformance | Tagged , | Leave a comment

Daily Risk Monitor – August 7

Posted on August 7, 2014 by macromon

Click on table to enlarge and for better resolution (click here if table is not observable)

Posted in Daily Risk Monitor | Tagged , , , , , | Leave a comment