Stock Market, Economics, Equity Analysis
May28
But certainly in the era of QE it is quite rare to see these sort of intraday reversals. Still well into the green but the 20 for 20 Tuesday gain is not a home run anymore as it was…
May28
Welcome back to the trading week in the U.S. after the three day holiday. Last week was an outlier of sorts – a glitch in the matrix if you will – as there was actual selling post Wednesday morning when…
May24
While the S&P 500 has had quite a year already the Nikkei has been the story of the globe as they are performing acts of central banking that even put the U.S. Fed to shame. And Japan's central bank can…
May23
Some quick notes: Futures down moderately after yesterday's outside day. The extreme overbought conditions on the weekly and monthly index charts are finally relenting some. Even uber bulls would prefer solid entry points on stocks rather than chasing…
May22
The indexes along with a host of stocks are putting in a bearish outside candle today (over yesterday's highs and below yesterday's lows). Typically this is … well bearish. But in the QE era when a technical signal screams bearish…