Tag Archives: S&P500

Will the smelly macro eat the micro?

Posted on July 10, 2012 by macromon

Ugly macro as the three swans are back with a vengeance.   China hard landing fears;  Eurozone debt and banking crisis (say it ain’t so, Mario!); and fears of a rapidly slowing U.S. economy. Are the swans  in the latest quarterly … Continue reading →

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Week in Review

Posted on July 8, 2012 by macromon

(click here if charts are not observable)

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Squirrelly Summer Market

Posted on June 20, 2012 by macromon

Squirrelly trading after the FOMC announcement.   Looks like real money is on vacation and traders just flipping with each other.   No big sellers and shorts forced to cover Headlines out of Europe show a little more flexibility from Germany … Continue reading →

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VIX and Euro Divergence

Posted on June 18, 2012 by macromon

Lot’s of interesting divergences today. Check out the VIX and Euro both moving down today, which diverges from recent history.   The VIX is down over 11 percent today, which could be position squaring before options expiration.  We suspect that many … Continue reading →

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Week in Review

Posted on June 17, 2012 by macromon

(click here if charts ate not observable)

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S&P500/VIX Divergence

Posted on June 14, 2012 by macromon

Interesting pattern has developed over the past few days.  The S&P500 spikes higher and yet the VIX remains elevated.   The S&P then rolls over later in the day. Could be the triple witch, but we’ll play it as non-confirmation … Continue reading →

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Chop Shop Market

Posted on June 12, 2012 by macromon

Choppy markets. After yesterday’s huge reversal and the blowout in Italian and Spanish sovereign spreads this morning, this was the day they could have broke the market. No so.  After some early weakness, the S&P500 traded straight up to close … Continue reading →

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Fail

Posted on June 11, 2012 by macromon

In last night’s post we commented on the spike in equity futures and lust for risk assets on the back of the Spanish bank bailout, Mr. Risk and the S&P’s have gapped up through resistance in overnight trading on the … Continue reading →

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Was That a Bear Trap?

Posted on June 10, 2012 by macromon

The S&P500 had a “cup of coffee” below its 200-day, which got the bears all lathered up and their you know what ripped off.    Mr. Risk and the S&P’s have gapped up through resistance in overnight trading on the Spanish … Continue reading →

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Week in Review

Posted on June 10, 2012 by macromon

Key Data Points S&P500, Dow, and FTSE have best week of 2012; Shanghai has worst week of 2012; Ultra T-Bond has its worst week of 2012; VIX falls over 20 percent for largest weekly decline of the year. (click here … Continue reading →

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