Tag Archives: Equities

Apple Ups 1Q’11 iPhone Shipment Target

Posted on December 27, 2010 by macromon

Taiwan’s Digitmes, a must read and the best source for supply chain news,  reports, Apple has raised the global shipment goal for its iPhones for first-quarter 2011 from 19 million units originally to 20-21 million units, according to sources with … Continue reading →

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THICK AS A BRIC – U.S. Stocks Outperform Star E.M.s

Posted on December 24, 2010 by macromon

To the surprise of many, the U.S. stock indices are set to outperform those of the beloved BRICs in 2010.   As of December 23rd, China and Brazil are down for the year with the Russian RTS the top performer, up … Continue reading →

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S&P500 Rarity – Up 14 of 16 Days

Posted on December 23, 2010 by macromon

The S&P500 has traded up 14 of the past 16 days, which has happened only seven times in the past twenty-five years.  Dismissing the streaks,  it has only happened twice.   Bespoke, who does great work and to whom we … Continue reading →

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Hang Seng Index – Indicator Species for Global Risk?

Posted on December 16, 2010 by macromon

We like to look at Hong Kong’s Hang Seng Index as the “indicator species” for global risk appetite.   Over our 25 years of trading, we have noticed that the Hang Seng tends to lead most risk markets and is … Continue reading →

Posted in Charts, China, Equities | Tagged , , , , | 21 Comments

Day of the Week Effect: Can “MF Monday” Shake Its Slump?

Posted on December 12, 2010 by macromon

Not that MF Monday!  Traders like to muse over the “Day of the Week Effect”, particularly, “Mutual Fund Monday”, where convention posits that since the crisis, the S&P5oo performs better on Mondays than other days.   The thesis is that mutual … Continue reading →

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U.S. Equities Gettin’ Jiggy…No Love for the Haters

Posted on December 10, 2010 by macromon

The Christmas Ramp continues as stocks remain firmly bid even going into this weekend’s monetary event risk in China.   There’s a whiff of panic as under allocated investors watch the markets runaway and refuse to correct (see chart below). The … Continue reading →

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Shanghai Watch

Posted on December 9, 2010 by macromon

We’re are watching to see if the Shanghai Composite can hold its 200-day moving average right around 2,800.  There is widespread speculation the People’s Bank of China will raise interest rates this weekend for the second time in the tightening … Continue reading →

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Global Interest Rate Spike: Young Lady or Old Hag?

Posted on December 8, 2010 by macromon

The epic interest rate spike and U.S. bond sell-off during the past few trading days is generating a fierce market debate.  The bears see it as the beginning of a new phase of the crisis, where sovereign debt woes spread … Continue reading →

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IMF – U.S. monetary policy drives global stock prices

Posted on December 6, 2010 by macromon

A recently published paper by the International Monetary Fund (IMF) found that U.S. monetary policy shocks drive global stock market prices. (click here for paper) The International Business Times sums up the study, When the Fed tightens (loosens) monetary policy, … Continue reading →

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The Christmas Ramp

Posted on December 1, 2010 by macromon

Here’s a look at the YTD performance of U.S. stocks.  December is shaping up for a year-end ramp as many dedicated funds are under allocated and under performing their benchmarks in a big way.  The S&P500 held its 50-day moving … Continue reading →

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