Tag Archives: New High

Apple Closes At All-Time High

Posted on August 17, 2012 by macromon

While Facebook got another facial today, closing at an all-time low,  Apple closed up almost $12 at a new all-time high.   It sliced through its old high of $644 like a “hot knife through budder”! Today’s move now puts the … Continue reading →

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The S&P500’s Stairway to Heaven

Posted on August 16, 2012 by macromon

Stunning price action during these low volume dog days of August.   The market keeps marching higher and just won’t go do down to allow the under invested an opportunity to get long. Ugh! The summer night sweats of a money … Continue reading →

Posted in Bonds, Equities | Tagged , , , | 4 Comments

S&P500 Breakout & The Ambiguity of Stock Value

Posted on March 13, 2012 by macromon

Today has to be the least appreciated breakout that’s ever happened.   Tonight’s Fast Money crowd, for example, described it as the long awaited blow-off top.  You know, the same guy that has been wrong for the last 600 S&P points … Continue reading →

Posted in Black Swan Watch, Equities | Tagged , , | 5 Comments