Category Archives: Equities

S&P500 Key Levels

Posted on January 1, 2019 by macromon

The S&P500 starts the New Year in a global bear market, which began at the end of last January, and sitting just a few points below a key Fibonacci retracement level at 2508.94.  Interestingly,  the New Year’s Eve rally could … Continue reading →

Posted in Equities, Uncategorized | Tagged , | Leave a comment

Time To Tune Out Market Pundits

Posted on December 4, 2018 by macromon

Fugly day in the stock market. We had to post a response to the market punditry rationalization on why stocks accelerated downward today: “the S&P500 broke its 200-day moving average.“ Are you fricking kidding me? The S&P500 has been under … Continue reading →

Posted in Equities, Monetary Policy, Uncategorized | Tagged , | Leave a comment

The S&P Levels You Need To Know

Posted on December 3, 2018 by macromon

Interesting double-top, double bottom W forming in the S&P500.   In honor of George H.W. and George W.?  Hmmm…… The futures were rejected right at key resistance in overnight trading, making a high at 2814.0 during in early morning pre-trading and … Continue reading →

Posted in China, Equities, Interest Rates, Monetary Policy, Uncategorized | Tagged , , , , | 17 Comments

Mr. Market Goes Full Powell-Wow Over Fed Chair’s Cave

Posted on November 29, 2018 by macromon

He caved.  At least in rhetoric. Interest rates are still low by historical standards, and they remain just below the broad range of estimates of the level that would be neutral for the economy‑‑that is, neither speeding up nor slowing … Continue reading →

Posted in Equities, Monetary Policy | Tagged , , | 2 Comments

S&P Levels To Watch

Posted on November 19, 2018 by macromon

We maintain our view there is a high probability the 2018 S&P500 intraday low at 2532.69 will be tested, which is 5.87 percent below today’s close. The next levels to watch are closes below 2641.24 and 2581.0, the recent and … Continue reading →

Posted in Equities, Uncategorized | Tagged | Leave a comment

Rosie On Investing In 2019 – Financial Post

Posted on November 17, 2018 by macromon
Posted in Economics, Equities, Uncategorized | Tagged , , | Leave a comment

Is The 10-Year S&P500 Rally At Risk?

Posted on November 14, 2018 by macromon

We don’t know and neither does anyone else. We do know, however,  the market trades horribly;  it can’t hold its water on rallies;  has lost its leadership and trades rudderless,  and the index is getting close to testing some key … Continue reading →

Posted in Equities, Uncategorized | Tagged | 2 Comments

Key S&P500 Fibonacci Retracement Levels

Posted on November 1, 2018 by macromon

Watch this space.   The battle taking place right now at 2,732.42. No sense to even think about getting long for a swing until it clears and closes through the .500 at  2772.   Mr. Market desperately needs to close above 2732.42 … Continue reading →

Posted in Equities, Uncategorized | Tagged , | Leave a comment

S&P500 Key Levels

Posted on October 29, 2018 by macromon

The oversold S&P is off 30 points from its morning high.  It’s imperative it has a strong close today. We do think a test of the February low of 2532. 69 is a done deal, that is another 5.4 percent … Continue reading →

Posted in Equities, Uncategorized | Tagged , | 5 Comments

Harbinger? Dropping Like A BlackRock

Posted on October 22, 2018 by macromon

                   Source:   Holger Zschaepitz @Schuldensuehner Wow.   Completely missed the 34 percent flop in Blackrock, the world’s most massive shadow bank, from its $594.52 January high.   Now trading through the key $400 level, with … Continue reading →

Posted in Earnings, Equities, Uncategorized | Tagged , , | 24 Comments