Benchmarks finished in the green on Tuesday after blue-chip companies Coca-Cola and Johnson & Johnson reported upbeat quarterly results. Investors also remained focused on the recent developments in Ukraine. The day’s mixed economic data on urban consumer prices in March and a survey on manufacturing conditions for New York manufacturers in April had little impact on the benchmarks.For a look […]
Stock Market Crash Fractal – Deja Vu 2000 All Over AgainStock-Markets / Financial CrashMar 21, 2014 – 06:15 PM GMTBy: Anthony_Cherniawski
The Crash Fractal is still alive and well in the Dow. Its peak was December 31. The peak in NDX was March 7. It is now reversing hard down, as anticipated.The peak in the Russell […]
Stock Market SPX Nearing a Sell SignalStock-Markets / Stock Markets 2014Mar 19, 2014 – 10:08 AM GMTBy: Anthony_Cherniawski
SPX completed a 77.7% retracement of its initial decline in exactly 12.9 hours today. The A-B-C appears to be complete. Today’s experience is a “déjà vu all over again” of Putin’s first press conference. We know how […]
Stock Market and U.S. Mid-Term Election YearsStock-Markets / Seasonal TrendsMar 04, 2014 – 02:02 PM GMTBy: Ed_Carlson
Mid-term election years are typically poor performers for most of the year until finding a bottom in the fall and beginning a rally which lasts well into the following pre-election year.The traditional approach to seasonality during a […]
Russia’s financial system punished Vladimir Putin far more swiftly than western diplomacy on Monday, as the Moscow stock market suffered one of its biggest one-day falls in recent years and the rouble tumbled sharply in a first nervous reaction to the Kremlin’s gambit in Crimea.Some £34bn was wiped off the value of companies on the Moscow stock exchange on Monday […]
Wikimedia CommonsTwo academics from the University of Virgina got a hold of the trading records of SEC employees — then they built a mock hedge fund to see how it would do. The results are all in a paper presetned at UVA’s Darden School of Business.
The academics, Emory University professor Shivaram Rajgopal and Georgia State University accounting PhD candidate Roger […]
Goodbye SAC Capital. Hello SEC Capital. A new study released by Rajgopal of Emory and White of Georgia State confirms what most have long known: SEC employees are immaculate stock pickers and “that a hedge portfolio that goes long on SEC employees’ buys and short on SEC employees’ sells earns positive and economically significant abnormal returns of (i) about 4% […]
VIX Gives Stock Market Sell Signal, GLD Tumbles Off the TrendlineStock-Markets / Financial Markets 2014Feb 20, 2014 – 04:27 AM GMTBy: Anthony_Cherniawski
The VIX gave its SPX sell signal. It may drop back below 14.73, but the clincher is that it also broke out above the prior high at 15.24, even […]
(Read more: Kass thinks S&P should fall 9%, but is he right?) “We’re going to have this frustratingly volatile but flat year,” Jim Paulsen, chief market strategist at Wells Capital Management, said in an interview. “You have this big year, and then you’ve got to spend some time to re-establish a base to take off from. […]
Finally we came out of such long out-of-market position. We have fixed a profit according to yesterday’s analysis of USD/CAD – 26 points. A position opening – 1.36148, a profit -1.35892.Today will bring an interesting event – at 14:30 (CET, server time) US Bureau of Statistics will release Core retail sales for the current month. That’s a basic indicator of American […]
