Tag Archives: Equities

Week in Review: Bonds Crack and EU to Crack Specs

Posted on February 7, 2011 by macromon

Nice bounce back last week for equities x/emerging markets.  The Russell and Nasdaq were up 3 percent with the S&P500 and Dow increasing over 2 percent.  France continued its run and is now up almost 6 ½ percent for the … Continue reading →

Posted in Week in Review | Tagged , , , , | 1 Comment

What Worked In January

Posted on January 31, 2011 by macromon

A couple of cool heat maps to illustrate what worked in January.   The ETF map shows the U.S. outpaced the emerging markets with energy and select tech leading the way.  Europe bounced big with Spain’s country ETF, EWP, up 14 … Continue reading →

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Week in Review: Egypt Rocked, Iran Next?

Posted on January 30, 2011 by macromon

We don’t have much to say about this week’s performance other than the main equity indices in the U.S. and some in Europe made post crisis new highs before being hit on the political plague coming out of Egypt.   Interesting … Continue reading →

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Why Apple Rocks and Is Rocking Today…

Posted on January 24, 2011 by macromon

Apple is bouncing back nicely today after some real panic selling at Friday’s close.  We thought there would be some follow through selling creating a nice gift to pick up the stock on the cheap.  We were wrong. The stock, … Continue reading →

Posted in Apple, Equities | Tagged , | 1 Comment

Did the Russell 2000 predict the better than expected ADP?

Posted on January 5, 2011 by macromon

Did you notice the better than expected ADP employment report this morning.  It was the largest monthly jump ever in this report, with most of the jobs created in small and medium sized businesses? Recall we wrote on January 3rd … Continue reading →

Posted in Budget Deficit, Currency, Employment, Fiscal Policy, Muni Bonds, News, Policy, Politics | Tagged , , , , | 2 Comments

Apple the Sovereign

Posted on January 4, 2011 by macromon

Apple traded at $333 in the pre-market this morning as it continues the march to overtake Exxon as the country’s largest company in terms of market capitalization.   We thought we’d share a little perspective. If Apple’s market cap were a … Continue reading →

Posted in Apple, Equities | Tagged , | 6 Comments

2011 Radar: Japan Sovereign Risk

Posted on January 2, 2011 by macromon

It’s late but want to start with a quick post on what we see as potential off-radar risks that could potentially derail the equity rally.   Let’s focus tonight on Japan, which is on the mind of very few traders and … Continue reading →

Posted in Black Swan Watch, Bonds, Japan, Sovereign Debt | Tagged , , | Leave a comment

If this is Socialism, call me Comrade

Posted on December 31, 2010 by macromon

No politics or partisanship here, “just the facts ma’am”.  The stock market as measured by the S&P500 is up just about 50 percent since President Obama’s inauguration to today’s close.   Only Eisenhowser comes close, but not even in the same … Continue reading →

Posted in Equities, Politics | Tagged , , | 17 Comments

The S&P500 in 2011: What’s past is prologue?

Posted on December 31, 2010 by macromon

Let’s be honest and a little humble as we venture into the “great wide open” of 2011. Nobody really has a clue what path the markets will take.  Given what we’ve all been through and the uncertainty and plethora of … Continue reading →

Posted in Equities, Monetary Policy | Tagged , , , | 9 Comments

The Ambiguity of Stock Value

Posted on December 27, 2010 by macromon

Professor Robert Shiller,  of Yale University,  is probably best known for his book, Irrational Exuberance, which called the top of the dot.com bubble and the second edition called the top in the housing market.  During our days on Wall Street … Continue reading →

Posted in Currency, Equities | Tagged , , , | 20 Comments