Category Archives: Global Stock Performance

Textbook Bounce Off the 200-day Moving Average

Posted on June 16, 2011 by macromon

After gyrating much of the day, the S&P500 bounced off the the 200-day moving average (which also coincided with the December 2010 close)  just like a page out of a technical analysis textbook.   The bounce helped rescue Apple from some … Continue reading →

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

Sell in May and Go Away Trade: First 32 Days

Posted on June 16, 2011 by macromon

The table below illustrates that the 2011 “Sell in May and Go Away” trade has generated the highest return of the past 35 years.   That is, if you sold or shorted the S&P500 at the close of the last … Continue reading →

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

Sino Support Levels

Posted on June 12, 2011 by macromon

The China story is under pressure and weighing on the markets.   We shall soon find out if Jim Chanos is correct and how robust the Asian economy is as credit driven bubbles begin to burst.   Watch these important weekly levels … Continue reading →

Posted in Charts, China, Global Stock Performance | Tagged , | 3 Comments

Global Trend Indicators

Posted on June 11, 2011 by macromon

(click here if tables are not observable)

Posted in Global Stock Performance, Global Trend Indicators | Tagged , , , , , , , | Leave a comment

Hang Seng Falls 7th Straight Day

Posted on June 10, 2011 by macromon

We take notice when the Hang Seng speaks as it is one of our indicator species for global risk appetite.  The index closed down for the seventh consecutive day, which has initially happened only 14 times since 1987, and is … Continue reading →

Posted in Black Swan Watch, Equities, Global Stock Performance | Tagged , | 2 Comments

Global Trend Indicators

Posted on June 4, 2011 by macromon

(click here if tables are not observable)

Posted in Global Stock Performance, Global Trend Indicators | Tagged , , , , | 1 Comment

Global Trend Indicators

Posted on May 29, 2011 by macromon

(click here if table is not observable)

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

The Good, the Bad and the Ugly (Stock Markets)

Posted on May 26, 2011 by macromon

We take a look at how a couple of the global equity markets we track are trading this week. The Good: After  hitting its lowest level since last July on Monday, the Brazilian BOVESPA has staged a nice 4-day rally … Continue reading →

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

All Major Global Equity Markets Close Below Their 50-day M.A.

Posted on May 23, 2011 by macromon

What a difference a trading day makes.   As of Friday’s close only seven of the fourteen major global indices that we track were below their 50-day moving averages.  As of today, they all are.  The S&P500,  Dow (just barely),  Nasdaq,  … Continue reading →

Posted in Equities, Global Stock Performance | Tagged , , , | 3 Comments

Did the Gold/Silver Ratio Signal Risk Off?

Posted on May 23, 2011 by macromon

Many have written about the gold/silver ratio as a leading indicator of risk and equity appetite (see here and here) so we won’t take your time explaining the relationship.   We do point out in our chart the speculative blow … Continue reading →

Posted in Black Swan Watch, Charts, Equities, Global Stock Performance, Gold | Tagged , , , | 2 Comments