Posts under Economy & Markets Category

Now that we are in the third day of selling after the multi week sideways action following the big spike post ECB/Fed meetings August 3rd, let's circle back to the cyclicals to see how they are doing.  Remember, in theory, these…

… at least today. The weakness in high beta glamour tech this morning was definitely a leading indicator for what was set to come.  A lot of the "go to" momo names are being hit today, as many are quite…

The market is running higher today led by the second day of financials and commodity plays (silver, gold, steel, mining).  However as mentioned this morning, Apple (AAPL) had reached over its upper bollinger band, and after gapping up has reversed…

While the Shanghai index is up 0.5% overnight to 2110s area something is definitely amiss in China.  While the general slowdown there is an obvious concern, it seems the expectations for further stimulus are not being met and hence we…