Tag Archives: S&P500

Global Trend Indicators

(click here if charts are not observable)

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The Shanghai Bounce

The Shanghai has put in its best two day performance since September ’09, rising 5.8 percent.   After its post crash peak in August 2009,  Chinese stocks have fallen almost 40 percent before hitting their lows last Friday. Expectations of monetary … Continue reading

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A Tale of Two Markets

The Shanghai has turned down this evening after opening up and looks to continue the downtrend.  That is one ugly chart. Meanwhile, the S&P500 looks like it really wants to resolve its wedge formation to the upside.  After a year … Continue reading

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Euro Swan Dives Splashes Santa

This morning’s swan dive in the euro stopped the Santa rally right in its tracks. We have two questions:  1)  Has the ECB shot its wad as the lender of last resort providing massive liquidity to the banking system and … Continue reading

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Low Volume Christmas Rampopotamus

U.S. equities just keep marching higher on a low volume Santa Claus ramp.  Favorable technical patterns, though not confirmed by volume, keeps the dip buyers hanging in there. We spoke of the inverted head and shoulders pattern in the S&P500 … Continue reading

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‘Twas 5 Days Before Christmas

‘Twas 5 days before Christmas, when all through the house, No investor was long, not even their spouse. The stocks were all shorted by the big old bad bear, In hopes that St Nicholas would soon not be there. The … Continue reading

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Bears Refuse to Cede the 200-day SMA

Once again, the 200-day moving average proved to be formidable resistance for the S&P500.  After trading though the 1264-65 level on the now expected daily afternoon market moving FT article the index couldn’t hold its water and sold off into … Continue reading

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S&P500 Finding Resistance @ 200-day

Looked like today could be the day the S&P500 broke through and closed above its 200-day.  That is, before the tape bomb out of the S&P putting most of the ‘Zone countries on negative watch for a credit downgrade.  Let’s … Continue reading

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It’s Beginning to Look A Lot Like…1971 [updated]

The Global Macro Monitor posted several pieces earlier in the year about the Presidential Stock Cycle.  See here, here, and here.   The third year of a first term President is the strongest year in the cycle.  The table illustrates … Continue reading

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It’s Beginning to Look A Lot Like…1971

The Global Macro Monitor posted several pieces earlier in the year about the Presidential Stock Cycle.  See here, here, and here.   The third year of a first term President is the strongest year in the cycle.  The table illustrates … Continue reading

Posted in Equities, Euro | Tagged , , , , | 3 Comments