Category Archives: Equities

The Facebook IPO & Market Game Theory

Posted on May 17, 2012 by macromon

Tough markets. The Dow and Russell are just one more bad trading day from giving up all their gains for the year.   France,  Brazil, and UK equities are now negative for 2012.  Most Asian equity indices have broken their … Continue reading →

Posted in Black Swan Watch, Equities, Global Stock Performance | Tagged , , | 1 Comment

Ugly Week for Global Equities

Posted on May 17, 2012 by macromon

It’s turning out to be a very ugly week for Mr. Risk.  Can the 38 Special (Facebook) turn the markets on Friday?  Hearing FB won’t start trading until 11:00 AM.  Enough time for the market to hurl and provide the … Continue reading →

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All Is Ugly

Posted on May 14, 2012 by macromon

x/ bonds and the U.S. dollar. Tough to find a chart with an uptrend.  The Brazilian BOVESPA and Hang Seng broke their 200-day moving averages today. Commodities are very ugly especially given China’s monetary moves over the weekend, which, generally, … Continue reading →

Posted in Chart of the Day, Charts, Commodities, Equities | Tagged , , , , , , | Leave a comment

Will 1340 Hold?

Posted on May 10, 2012 by macromon

The S&P500 has broke its initial support at 1360 and has held above 1340.  The question is will the JP Morgan news be the catalyst for a true test of 1340?   The markets are getting very choppy and its hard … Continue reading →

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Tell Us It Ain’t So, JP MO!

Posted on May 10, 2012 by macromon

This doesn’t come at good time for the markets.    Bloomberg is reporting, JPMorgan Chase & Co. (JPM) said it lost about $2 billion tied to synthetic credit securities after positions taken by its chief investment office were riskier than expected. … Continue reading →

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U.S. Equities Outperforming

Posted on May 10, 2012 by macromon

Informative chart from Bespoke showing U.S. equities outperforming all major equity markets x/China in this downdraft. (click here if chart is not observable)

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Picture of the Day: Bad Moon Rising?

Posted on May 6, 2012 by macromon

Was last night’s incredible shot of the Super Moon rising over the Parthenon in Athens a bad omen of things to come?  Some see a bad moon rising given the results of today’s elections in Greece and France.  Buckle up! … Continue reading →

Posted in Black Swan Watch, Equities, Euro, Picture of the Day, PIIGS | Tagged , , , , | Leave a comment

Longs Send Out Mayday As ISM NMI Disappoints

Posted on May 3, 2012 by macromon

Noisy markets.  Noisy data. Buckle up for tomorrow’s big one. Today’s action was just the opposite of our May Day post when shorts got their manhood caught in a bear trap.   Though we believe markets are a little too … Continue reading →

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Shorts Send Out Mayday As ISM Surprises

Posted on May 1, 2012 by macromon

Wow! Check out the market reaction to the ISM this morning.  Many were caught off guard and even shorting just minutes before the number expecting a weaker print on the back of the weaker regional PMIs.   We were surprised, but, … Continue reading →

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Sell in May?

Posted on April 30, 2012 by macromon

We don’t know. What we do know:   1)  May has bad seasonals as illustrated in the chart by our good friends at the Chart Store;  2)  Apple, the leader of 2012, is trading like dog dirt after the huge pop … Continue reading →

Posted in Apple, Charts, Equities | Tagged , , , , | 4 Comments