Tag Archives: Equities

How Far Can The Stock Market Run?

Updated:  October 15 Very little to the upside.  Very much to the downside. Macro Valuation Metrics Lots of incoming over our S&P Shooting Star post, most of which can mostly be summed up to the effect, “Why so bearish?” Seriously?  … Continue reading

Posted in Economics, Equities, Uncategorized | Tagged , , | 72 Comments

Major Global Stock Market Caps

Hat Tip: @jessefelder Our Favorite Valuation Metric We had to post our favorite macro stock valuation measure.   Some caveats come with the comps, including exchange rate translation.

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Newton’s Q1 Law Of Motion For The S&P500

Newton’s three laws of motion may be stated as follows: Every object in a state of uniform motion will remain in that state of motion unless an external force acts on it. Force equals mass times acceleration. For every action, there is an equal and … Continue reading

Posted in Equities, Equity, Uncategorized | Tagged , | 2 Comments

S&P Hesitates At Key Level

The S&P500 looks hesitant to take out the key  .764 Fibonacci retracement level at 2792.59 before the Fed and ECB announcements.  Note the back-to-back Doji candlesticks. When and if the swing high of the correction at 2801.90 clears, the technical … Continue reading

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Key Levels You Need To Know

The S&P500 sliced through its 200-day moving average like a “hot knife through budda’” today.  It’s the first close below the 200-day in almost two years.  Significant. The next stop is the February 9th intraday low at 2532.69, the Maginot … Continue reading

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The Only Dip To Buy Is A French Dip

Stunning to watch the financial pundits and the action of some investors with their reflexive buy the dip mentality after the massive volatility shock.  The S&P500 moves straight up for two years without a back-to-back 1/2 percent correction and then … Continue reading

Posted in Equities, Uncategorized | Tagged , | 8 Comments

Start Of A Mean “Mean Reversion” In Stock Values?

Asset valuations, including stock prices, eventually revert to their long-term mean (average) valuation or at least attempt to if not interrupted by outside intervention, such as central banks.    It has been the major factor in the steep sell-off in … Continue reading

Posted in Currency, Equities, Uncategorized | Tagged , , | 28 Comments

Bonds Behaving Badly

We began the week with our Watch This Space post: Because the eurozone is where the big bond bubble lives. Though the euro periphery is now in Convergence 2.0 mode on hopes of eMac’s vision of a more integrated ‘zone, … Continue reading

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That Was One Heckuva Streak!

Wow! Back-to-back more than 1/2 percent down days for the S&P500 ending a streak going way back to January 2016. Feels like we just landed on Mars or in the Bronx  after Joe DiMaggio’s 56-game hitting streak  was snapped, no? … Continue reading

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Watch This Space…

Because the eurozone is where the big bond bubble lives. Though the euro periphery is now in Convergence 2.0 mode on hopes of eMac’s vision of a more integrated ‘zone, the German 10-year is at a critical level, and yields … Continue reading

Posted in Bonds, Equities, German Bund, Uncategorized | Tagged , , | 11 Comments