Tag Archives: Stock Market

September!

Posted on September 4, 2012 by macromon

Great charts from our friends over at The Chart Store. September is — ON AVERAGE — the cruelest month for stocks and FedEX is reinforcing the monthly seasonality trading down $3 in AH after warning of global weakness. MEMPHIS, Tenn., … Continue reading →

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Flopbook!

Posted on May 18, 2012 by macromon

Why do we have this sense JP MO and Morgan Stanley are going to own a large book of Facebook stock at $38?   Maybe FB stock will be the Fed’s asset of choice during the next round of QE since … Continue reading →

Posted in Black Swan Watch, Equities | Tagged , , | 3 Comments

Markets Want More FED “Crack” – Harry Dent

Posted on April 4, 2012 by macromon

Harry Dent does a pretty good job in ‘splaining today’s risk sell-off, in our opinion. We’re beginning to sense, however, the markets are awakening to the fact the U.S. government is going to have a funding problem. As the world … Continue reading →

Posted in Black Swan Watch, Budget Deficit, Gold, Japan, Monetary Policy, Sovereign Debt, Sovereign Risk | Tagged , , , , , , | Leave a comment

Masters Week: What Drives the Prize Money?

Posted on April 2, 2012 by macromon

It’s one of our favorite times of the year.  Masters Week! The first of golf’s four major tournaments will tee it up on Thursday in Augusta and we’ll be posting some  factoids, data, video and Masters trivia. We start with … Continue reading →

Posted in General Interest, Sports | Tagged , , , , | 1 Comment

China HSBC Flash PMI At 4-Month Low

Posted on March 21, 2012 by macromon

The HSBC Flash China Manufacturing PMI is showing further contraction. Could worries over China slowing, coupled with renewed jitters in Europe, be the catalyst for the long awaited correction in global equities?  That’s how we’re positioned, but recognize it’s a … Continue reading →

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The Dow in the Year of the Dragon

Posted on January 23, 2012 by macromon

Gong Xi Fa Cai!  恭禧發財 It’s now The Year of the Dragon and the Economist  has posted an interesting piece on the performance of the Dow Jones Industrial and the Chinese astrological calendar. The Economist writes, CHINESE people across the … Continue reading →

Posted in Charts, China, General Interest, Global Stock Performance, Technical Analysis | Tagged , , | 1 Comment

Stock Market Melt Up: November 1998 or December 2008?

Posted on October 27, 2011 by macromon

Stunning!  The S&P500 at its high today was up 20.3 percent from the October 4th intraday low of 1074.77. We’re talking the S&P500, not the Brazilian BOVESPA or Hang Seng Index!  This kind of initial move in the S&P500 in … Continue reading →

Posted in Charts, Equities, Global Stock Performance | Tagged , , | 12 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

Can You Say “Dubya” Bottom?

Posted on August 29, 2011 by macromon

That sure looks like a W bottom on the S&P500,  no?  Not the classic trajectory and confirmation, not to mention the compressed time frame, but you’ve got to respect the price action.  The macro swans are still out, so the … Continue reading →

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Godot Finally Shows, Nobody Home

Posted on June 14, 2011 by macromon

The markets were finally able to generate the bounce that everyone was waiting for,  but on relatively low volume, however.   Most of the move took place overnight on the release of China’s economic data.  Apple had a nice move,  … Continue reading →

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