Tag Archives: S&P500

Can the S&P500 Clear the Red Zone?

Posted on October 5, 2011 by macromon

Some rally!  Almost 70 S&P points or 6.4 percent from yesterday’s low to today’s close.  Makes us feel we’re back in the 1990’s trading Brazilian and Russian defaulted sovereign debt.   So where to now? The next 60 points are … Continue reading →

Posted in Equities, Euro | Tagged , , , , | 5 Comments

Apple’s Textbook Bounce Saves the Market

Posted on October 4, 2011 by macromon

To those who “don’t believe in the technicals” we suggest they take a look at today’s Apple chart. Like a superstar baseball player who consistently hits 75 home runs per year and is considered to have a “bad year” with … Continue reading →

Posted in Apple, Equities, Technology | Tagged , , , | 6 Comments

Unfinished Business

Posted on September 22, 2011 by macromon

The markets’ beating and rally into the close has the bottom callers out in force claiming the lows have held.  We’re not so sure.  The three macro legs of the market stool (no pun intended) are still wobbly with the … Continue reading →

Posted in Black Swan Watch, Charts, Equities, Sovereign Debt, Sovereign Risk | Tagged , , , , | Leave a comment

Cloudy Patterns in the S&P500

Posted on September 20, 2011 by macromon

They say if you stare at the clouds long enough you can see any pattern you want to see. So is it with stock charts.  To profit, however, it is essential that others see what you’re seeing. So we ask, … Continue reading →

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

Is the U.S. Becoming Japan?

Posted on September 12, 2011 by macromon

As Treasury bond yields tumble to record lows we’re hearing lots of talk the U.S. is following the economic trajectory of Japan.  Not so fast!   Take a look at the following chart. After 990 days trading days from peaking, … Continue reading →

Posted in Black Swan Watch, Bonds, Budget Deficit, Equities, Fiscal Policy, Global Stock Performance, Sovereign Debt | Tagged , , , , , , | Leave a comment

Key Support Levels

Posted on September 12, 2011 by macromon

The stock index charts in the Eurozone, especially the DAX and CAC, look extremely ugly.  A little better in the U.S., but the way markets are trading overnight these levels look they’ll be pierced like a hot knife through butter. … Continue reading →

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Global Trend Indicators

Posted on September 4, 2011 by macromon

(click here if tables are not observable)

Posted in Global Trend Indicators | Tagged , , , , , , , | 1 Comment

S&P500 Takes the “Road Not Taken”

Posted on September 1, 2011 by macromon

Two roads diverged in a wood, and I, I took the one less traveled by, And that has made all the difference.  – Robert Frost, 1915 Robert Frost may have been the greatest contrarian trader, no? Our post of August … Continue reading →

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

Stocks Say Yes, Gold Says No, I-Lean Gets Slammed

Posted on August 23, 2011 by macromon

WTF was that?  S&P500 up 3.43 percent  and the GLD down 3.80 percent and that’s not counting the spike to over 1,900 cash gold in after hours trading.   How are the fundamentalists going to reconcile and stick that in the … Continue reading →

Posted in Equities, Gold | Tagged , , | Leave a comment

S&P500 Faces a Fork in the Road

Posted on August 22, 2011 by macromon

“When you come to a fork in the road, take it.” – Yogi Berra Lot’s of chatter out there about the 2008 and 2010 analog for the S&P500 so we constructed a tracking chart for you.   Note the index is … Continue reading →

Posted in Black Swan Watch, Equities | Tagged , , , | 4 Comments