Tag Archives: Shanghai Composite

The Ugly Chart Contest

Posted on December 11, 2011 by macromon

Here’s a couple ugly charts we’re monitoring:   China’s Shanghai Composite stock index and Commodity Research Bureau Index (CRB).   Do you think there’s causality here?  Remember the “China is buying/hoarding every commodity” story? Both are at key support levels.    … Continue reading →

Posted in China, Commodities | Tagged , , , | 1 Comment

House Prices Plunge in Chinese Ghost City

Posted on December 5, 2011 by macromon

Could this be part of the reason the Shanghai was the only major index we track that was down last week? (click here if video is not observable)

Posted in Black Swan Watch, China | Tagged , , | 2 Comments

Ugly Chart Contest

Posted on November 20, 2011 by macromon

Since the global markets are in full preservation of capital mode,  thought we’d bring you what we deem to be the ugliest charts of the global equity indices we follow.  All are in short-term downtrends and have pierced their 50-day … Continue reading →

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

Week in Review: Streak Week

Posted on June 12, 2011 by macromon

It was another tough week for the global markets. The S&P, Dow, and the major European equity indices closed lower for a rare sixth week in a row.   Next week could be historic as the S&P500 has initially closed lower … Continue reading →

Posted in Week in Review | 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

The Week in Review: BRICs to FRICs?

Posted on January 22, 2011 by macromon

Vive la France! Who would of “thunk” it? The French CAC outperforming India by 13 percent in the first three weeks of the year? Will Goldie’s Jim O’Neill now replace Brazil with France in the BRIC countries and rename the … Continue reading →

Posted in Budget Deficit, Charts, China, Crude Oil, Economics, Equities, Gold, Monetary Policy, Sovereign Debt, Week in Review | Tagged , , , , , | Leave a comment

Shanghai Breaks 200-day, Commodites Next to Roll?

Posted on January 17, 2011 by macromon

During the 1990’s when the emerging markets were still emerging a friend of ours wrote a research report on pre-restructured busted Russian debt titled, No Rush to Buy, No Russians Buying.  The point was the Russians knew the prospects for … Continue reading →

Posted in Black Swan Watch, Bonds, BRICs, Budget Deficit, China, Commodities, Crude Oil, Currency, Economics, Geopolitical, Monetary Policy | Tagged , , | 3 Comments

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 →

Posted in China, Commodities, Crude Oil, Equities, Monetary Policy | Tagged , , , | Leave a comment

China Rate Hike This Weekend?

Posted on December 6, 2010 by macromon

The China Securities Journal, not citing a source,  says the timing is right for a rate hike this weekend.  It would be the second of the current tightening cycle.   Reuters reports, “With reference to the central bank’s record of … Continue reading →

Posted in China, Commodities, Crude Oil, Equities, Gold, Monetary Policy | Tagged , , , , | Leave a comment