Category Archives: Equities

Global Equity Market Performance

Posted on November 16, 2013 by macromon

Click on charts to enlarge and for better resolution (click here if charts are not observable)

Posted in Equities | Tagged , | Leave a comment

S&P500 Weathers Weak Seasonals

Posted on October 31, 2013 by macromon

September and October is a period of seasonal weakness.  Not this year. In fact, the S&P500’s 3.72 percent average return for September and October was its 5th best performance for the two months in the past fifty years.   Note … Continue reading →

Posted in Equities | Tagged , | Leave a comment

Unsettling times at UBS – FT

Posted on October 30, 2013 by macromon

Third quarter numbers were ugly for UBS and there was more bad news from the regulators. Lex’s Nikki Tait and Oliver Ralph discuss the latest developments at one of Europe’s biggest banks. For more video content from the Financial Times, … Continue reading →

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

Global Equity Performance – YTD

Posted on October 26, 2013 by macromon

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

Posted in Equities | Tagged | 1 Comment

The Character of This Market

Posted on October 14, 2013 by macromon

Past is prologue.   They come in, shake the trees, and pick up the fruits. That’s the character of this market.   It’s in an uptrend and wants to go higher and will do so until it doesn’t and probably not until … Continue reading →

Posted in Equities | Tagged | 1 Comment

Yikes! Is the Bull Cursed?

Posted on September 12, 2013 by macromon

Check out the new cover of Time magazine (see below). Here’s Krugman on the magazine cover curse after Fed Chairman Bernanke was named Time’s 2009 Person of the Year, … Be afraid, be very afraid. The magazine cover curse is … Continue reading →

Posted in Equities | Tagged , | 2 Comments

Dow Theory or Buy and Hold?

Posted on September 11, 2013 by macromon

Reading through the classic textbook, Technical Analysis of Stock Trends, last night I stumbled upon a stunning stat comparing the returns of a strategy using Dow Theory versus buy and hold.  Using Dow Theory buy and sell signals would have … Continue reading →

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

Tweet of Yesterday: What a call

Posted on April 17, 2013 by macromon

Enis Taner from Risk Reversal tweeted this late yesterday.    Note the S&P500 closed at 1574.30.   He really nailed it. https://twitter.com/EnisTaner/status/324235411687895040

Posted in Equities | Tagged , , , | 2 Comments

Emerging Markets: The Catch-Up Trade?

Posted on April 10, 2013 by macromon

Emerging markets are finally starting to find a bid.  The Brazilian Bovespa, after a nice reversal on Friday, came into the week down almost 10 percent with most other emerging market equity indices lagging the S&P500 in a big way.  … Continue reading →

Posted in BRICs, Equities, Mexico | Tagged , , , , , | 3 Comments

Trannies and Russell Break 50-day SMA

Posted on April 3, 2013 by macromon

The recent weakness in the Transports and the Russell were confirmed by today’s sell-off in the S&P500.  Let’s see if they can reclaim 50-day and if all the buyers waiting for the sell-off step in here.  Note also the weakness … Continue reading →

Posted in Equities, Technical Analysis | Tagged , , | 1 Comment