Category Archives: Equities

TTFS: An ETF Benjamin Graham Could Love

Posted on October 13, 2011 by macromon

Our good friend and Wall Street legend, Charles Biderman of TrimTabs, has launched a very interesting ETF,  Trim Tabs Float Shrink ( ticker: TTFS), which  screens its stocks based on their declining float (shares available to be freely traded) financed … Continue reading →

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

First and Goal for Risk

Posted on October 10, 2011 by macromon

We asked last week if the S&P500 (our proxy for risk markets) was capable of clearing the “red zone”,  the zone of resistance between 1175-1195, which included the 50-day moving average.  The market’s answer?  Like a hot knife through butter! … Continue reading →

Posted in Charts, China, Equities | Tagged , , , , | Leave a comment

Hang Seng Confirming

Posted on October 6, 2011 by macromon

Granted there is still a few hours of trading in Hong Kong but the Hang Seng is confirming the moves in the U.S. and Europe, up 9 percent in just a little less than 1 1/2 trading sessions.  The S&P … Continue reading →

Posted in Equities, PIIGS | Tagged , , , | 1 Comment

Can the S&P500 Clear the Red Zone?

Posted on October 5, 2011 by macromon

Some rally!  Almost 70 S&P points or 6.4 percent from yesterday’s low to today’s close.  Makes us feel we’re back in the 1990’s trading Brazilian and Russian defaulted sovereign debt.   So where to now? The next 60 points are … Continue reading →

Posted in Equities, Euro | Tagged , , , , | 5 Comments

Apple’s Textbook Bounce Saves the Market

Posted on October 4, 2011 by macromon

To those who “don’t believe in the technicals” we suggest they take a look at today’s Apple chart. Like a superstar baseball player who consistently hits 75 home runs per year and is considered to have a “bad year” with … Continue reading →

Posted in Apple, Equities, Technology | Tagged , , , | 6 Comments

Ingersoll-Rand Warns, Stock Swan Dives

Posted on September 30, 2011 by macromon

Here’s what they said: Revenues were negatively affected by slower than expected end-markets in several businesses. Consumer-related businesses, such as residential heating, ventilation and air conditioning (HVAC), golf and residential security, were the most significantly affected, accounting for the majority … Continue reading →

Posted in Economics, Equities, Global Stock Performance | Tagged , , | Leave a comment

Third Macro Panda Huffs and Puffs…

Posted on September 29, 2011 by macromon

Over the weekend we posted a piece on the three McBears weighing on global markets.  As all eyes continue to focus on Europe the third macro bear — China — is beginning to growl a little louder.   Greece is no … Continue reading →

Posted in Black Swan Watch, BRICs, China, Credit, Equities | Tagged , | Leave a comment

Unfinished Business

Posted on September 22, 2011 by macromon

The markets’ beating and rally into the close has the bottom callers out in force claiming the lows have held.  We’re not so sure.  The three macro legs of the market stool (no pun intended) are still wobbly with the … Continue reading →

Posted in Black Swan Watch, Charts, Equities, Sovereign Debt, Sovereign Risk | Tagged , , , , | Leave a comment

Watch the Hang Seng

Posted on September 21, 2011 by macromon

We’ve posted many times on this blog about how the Hang Seng Index is one of our indicators species for global risk appetite.  The index usually leads global markets on the downside and turns up before most. While all eyes … Continue reading →

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

Cloudy Patterns in the S&P500

Posted on September 20, 2011 by macromon

They say if you stare at the clouds long enough you can see any pattern you want to see. So is it with stock charts.  To profit, however, it is essential that others see what you’re seeing. So we ask, … Continue reading →

Posted in Equities, Global Stock Performance | Tagged , , , | 1 Comment