Category Archives: Global Stock Performance

Watch the Hang Seng

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

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

Buying the Moody Blues…

Classic sell the rumor, buy the fact trading action.  Within an hour after Moody’s downgrade of the French banks almost all the major global equity indices have turned up.   S&P futures were down almost 16 points and are now down … Continue reading

Posted in Black Swan Watch, Global Stock Performance, Global Trend Indicators, Sovereign Debt, Sovereign Risk | Tagged , , | Leave a comment

The Current State of the Market in a Sea of Volatility

The picture below really captures the volatility of the current market and how traders must remain detached like the Coast Guard cutter closely monitoring how the ship (market) is listing.  When too many are standing on one side of the … Continue reading

Posted in Black Swan Watch, Euro, Fiscal Policy, Global Stock Performance, Monetary Policy, PIIGS, Sovereign Debt, Sovereign Risk | Tagged , , , , , | 2 Comments

Is the U.S. Becoming Japan?

As Treasury bond yields tumble to record lows we’re hearing lots of talk the U.S. is following the economic trajectory of Japan.  Not so fast!   Take a look at the following chart. After 990 days trading days from peaking, … Continue reading

Posted in Black Swan Watch, Bonds, Budget Deficit, Equities, Fiscal Policy, Global Stock Performance, Sovereign Debt | Tagged , , , , , , | Leave a comment

Key Support Levels

The stock index charts in the Eurozone, especially the DAX and CAC, look extremely ugly.  A little better in the U.S., but the way markets are trading overnight these levels look they’ll be pierced like a hot knife through butter. … Continue reading

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Global Trend Indicators

(click here if tables are not observable)

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Korea ETF: Our Fave “Dubya” Bottom

After posting the W bottoms on the S&P500 and the Brazil ETF here is our favorite, the Korea ETF (EWY).   We learned during the 1997 Asian Financial Crisis never to short Korea and never underestimate the resolve of the … Continue reading

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Can You Say “Dubya” Bottom?

That sure looks like a W bottom on the S&P500,  no?  Not the classic trajectory and confirmation, not to mention the compressed time frame, but you’ve got to respect the price action.  The macro swans are still out, so the … Continue reading

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The Brazilian Blowout

Today’s rally in front of the Merkel/Sarkozy cup of tea surprised many, including us.  We’re not expecting much from the meeting, but you never know, and the market may have set itself up for disappointment.   Looking at the action in … Continue reading

Posted in BRICs, Commodities, Currency, Dollar, Global Stock Performance | Tagged , , , , , | 2 Comments