Category Archives: Info On Stock Market
Perspective…
Low and behold, we talked just the other day about the fact the S&P 500, despite its recent swoon, continues to maintain its near-term trend support back at roughly 1,600…which is just about where we find ourselves now. As I said in the TEI Insight piece, “For many, this is yet another retrenchment move and […]
A Taste of Things to Come?
It’s been good eatin for the bulls so far this year…at least when it comes to the U.S. markets. The S&P 500 managed to trade to an intraday high of 1,687 this very week after closing out 2012 at 1,426 – an 18 percent rise in less than six months. No doubt the bulls would […]
Physical Demand? Not So Much…
We talked recently of the fact that Gold had fallen too-far-too-fast and was due at a minimum for a brief dead-cat bounce or perhaps even a prolonged, full-fledged snap-back rally. Fair to say the mid-April to early-May upward move was in fact a pretty decent snap-back rally. Certainly scared lots of peeps into believing they’d […]
Funny How That Happens…
Well, we’ve been saying for some time that Gold was looking pretty suspect. It really started looking weak last October and November when it broke down and failed on a retest of what had been a strong supporting trendline. That trendline was formed off the breakdown lows of 2008 and sustained itself for four years, […]
Cipherin and What Naught
“Νεοκλής μου αγάπη, δεν παίρνετε κάποια χρήματα από το λογαριασμό μας στην τράπεζα; – υπάρχει μια δέσμη Δεν λείπει γλυκό Κωνσταντίνα, δεν το έκανα, αλλά η ΕΚΤ και το ΔΝΤ πήρε μερικά Δεν μπορεί να πάρει οποιοδήποτε επειδή οι τράπεζες. όλα έκλεισε αυτή την εβδομάδα και δεν θα ανοίξει εκ νέου μέχρι την επόμενη Τρίτη […]
Triple Top?…
Well, we got one broad index over the hump and the other dancing in the shadows of a record close. You’d think the bears would be hiding in their caves and bulls making more room on the bandwagon. Instead, you get lots of talk bout the current hesitation and whether that may portend something mighty […]
Metal Fatigue…
When you write about the markets with regularity, you sometimes struggle to come up with a unique angle or the perfect headline. Sometimes you start with a headline and write to it accordingly. Other times you start with a general point or theme and go from there. Depending on the venue and other-assorted variables, I […]
A Test of the Market’s Metal…
Certainly lots going on today, with more pubic spatting by the titans over Herbalife, the G-20 meetings, improved sentiment numbers, crude falling sharply and the INDU and SPX continuing to coil just below record levels…seemingly looking for a catalyst that will get them over the hump…or that will break the back of the bulls. Oh […]
Do These Jeans Make My…
A week ago we said it was test time as the broad indices had been basing for a challenge of their 2012 highs. Well, tis fair to say the bulls passed and have been on a bit of a binge since, making short work of that challenge and moving quickly to five-year highs. They are […]
True to Nature…
Well, one thing you can say bout trends…they are a gift if we listen to them and they remain true to nature. In the past week the markets have done just so and offered up some pretty easy money for those that read the situation for what it was. Just as we talked about last […]