We wrap up the first four days with impressions, opinions, hints, and allegations. Okay, no allegations. But lots of the other stuff.The great thing about the beginning of training camp, besides the fact we have actual football to talk about, is that, well…we have actual football to talk about. Yeah, that’s really all that matters. Lots of football, lots of […]
Benchmarks settled in the red on Monday as investors remained cautious about Israel’s ground invasion in Gaza and possible tougher sanctions against Russia. The day was devoid of any major economic data and corporate earnings results that could have impacted the markets.For a look at the issues currently facing the markets, make sure to read today’s Ahead of Wall Street […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereThe EUR/USD pair tried to rally during the session on Monday, but as you can see the market failed to hang onto the gains, and we turned around and form a shooting star. The shooting star of course tells us that the market should continue to […]
SummaryWhile we cannot totally eliminate our bias, we can look at data objectively to reach a less biased conclusion.
Black Monday has a very significant impact on the statistical risk measures for the S&P 500.
It is justified for long-term investors to remove Black Monday from the risk analysis.
If Black Monday is included than gold has somewhat lower risk measures than stocks; […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereOnce again, buyers came in to support the AUD/USD on weakness, leading to a slightly higher finish for the week. For the second straight week, short-sellers were forced to cover after failing to confirm the potentially bearish closing price reversal top from the week-ending July 4. […]
In yesterday’s recap when describing the late day selloff we wrote:
All the typical knee jerk reactions took place – U.S. Treasuries were bid up, oil and gold spiked, as did volatility etc. How much of this is real humans trading and how much is just computers trading with each other we will soon see.
One must keep in mind how computerized […]
Last reminder if you have not done so, please take 60 seconds to take our quarterly survey; thanks!We continue to see dip buyers very active – while this was a down week it was a needed respite after last week’s holiday action pushed indexes to very overbought conditions. The S&P 500 gained 0.15% and the NASDAQ 0.44% after both being […]
Benchmarks settled in the red on Monday as investors refrained from placing big bets ahead of the second-quarter earnings season. The blue-chip index and the S&P 500 snapped their three-day record rally on Monday. The Nasdaq ended in the red zone, dragged down by declines in bio-tech and Internet stocks.For a look at the issues currently facing the markets, make […]
Benchmarks finished mostly lower on Monday following mixed economic numbers. A gauge of pending home sales numbers hit its highest level in eight months in May. However, data from the Institute for Supply Management showed Chicago PMI numbers dropped more than expected. For the month, the S&P 500 settled in the green and recorded its best quarterly gains since 1998. […]
NEW! Download all of 2013 Performance: Click to Download!OR Download all of 2014 Performance to Date: Click to Download!Dow opens – 30 and our open trade gets slightly betterMarket Open (click to enlarge)NXST (click to enlarge)`CSIQ (click to enlarge)BBRY (click to enlarge)PANW (click to enlarge)2 hours in (click to enlarge)GWPH (click to enlarge)IMMR (click to enlarge)The Dow closes – 25, […]
