When I check up daily on charts of major risk assets, the S&P 500 (SPX) sticks out like a sore thumb, but not for the apparent relative strength to most equity indices the world over. …
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The ECB did what it did. Lots of peeps more tuned into macro than moi are parsing through it, but equity markets are ripping, with the Euro Stoxx 50 up 3.5%, the DAX up 2.5% …
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It was all just a bad dream. Waking up this morning, following weeks of ominous headlines about a stock market crash in China, the end of the EuroZone as we knew it, the first quarterly …
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So what now? The S&P 500 index had its largest down week in 2 years, and the Euro Stoxx 50 index broke its 200 day moving average for the first time since late 2012. As …
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For those that missed our Webinar on AAPL’s earnings here’s a link to the recorded version: https://attendee.gotowebinar.com/recording/4615196009414955008 MorningWord 4/23/13: The SPX continues to thumb its nose at the rest of the investment world. Last …
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World equity markets finished the second qtr with bang to say the least, the DAX closing up 4.3% Friday, and the SPX up 2.5%. In a quarter that saw new multi-year highs, only to quickly …
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This morning before the open in my MorningWord I suggested that the price action of the March 6th sell off may be fairly instructive for today’s price action. March 6th had a 2011 feel to it as …
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MorningWord 1/19/12: Making a living trading during earnings season is like the equivalent of being a Center in the NFL, you basically get nailed on every play from the guy right in front of you …
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MorningWord 1/19/12: By just looking at equity and credit markets this morning, all seems right again in the financial world…..The DAX, now up 8.5% on the year has recaptured more than half of last years …
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MorningWord 1/18/12: Yesterday’s price action in US equities was a real head scratcher with the SPX only closing up 36 bps, less than 2 points off of the lows of the session on a day …
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