Stock Market, Economics, Equity Analysis
Monthly Archives: May 2012
May18
Some stats on this selloff – it has taken the S&P 500 all the way back to levels last seen on 1/18. NASDAQ 1/19, and the Russell 2000 is back to 1/9 levels – almost as if the year never…
May18
Morning "strength", afternoon selling – the pattern continues. One of these afternoons there will be a late day reversal to the upside and should be the 'sign' people are looking for that short term bounce. Could be today … but…
May18
The market is volatile today but in a relatively small range. Everyone is looking for the trademark reversal into the close that one of these days will mark a short term bottom. I will say the index is hiding…
May18
I am obliged by the laws of financial blogging to do a post somehow relating to Facebook (FB), and since almost every angle on Earth has been examined on this company, I thought I'll do a fun one. According…
May18
Yesterday morning I wrote the market needed a "flush" and we definitely saw one. The last of the holdout sectors such as housing, REITs, and even some of the most defensive names were raided. That said, a close on…
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