Posts under Economy & Markets Category

May20

Again, not much to add to this market in terms of analysis – nothing matters other than central banks.  Last Wednesday/Thursday there were some 9 economic reports, 7 of which were disappointing or could be considered as such and all…

May15

We are starting to see some very extreme readings on our monthly and weekly index charts since there has been no correction this year.  I posted below first the monthly chart of the S&P 500 going back 15 years showing…

May14

Hedge fund titan is infamous now for saying in 2010 as QE2 was being brought out that you must be long this market since the economy will either improve (to help the market) or the Fed will act to get…

May13

Very little change from last week.  Whatever the news it is good news for the market – the economy is not strong enough to stop QE, but not weak enough to worry anyone.  We are in this perpetual 1-2% type…

May06

Friday was pretty typical of the year – when a key technical level was needed to be broken it happened in premarket.  There were 3 economic data points, 2 (including ISM Non Manufacturing) missed, but all that mattered was the…