With the S&P 500 index perched right at 1700, how do other global equity indices look? Before we get to the details, here are my rankings based purely on the charts: Europe U.S. Japan Hang …
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I am no economist, and certainly no expert on China, but the recent sprinkle of better than expected manufacturing data has caused many market participants to summarily dismiss the dreaded hard landing scenario for the planet’s second …
Continue readingLast week’s price action in the SPX , down about 1.8%, capping an almost 4.5% decline from the Aug 2nd all time high had the makings to the be the start of something real, despite …
Continue readingMorningWord 8/6/13: In this space yesterday I discussed the relative out-performance of Web 2.0 stocks vs their brothers from another bubble (here), and what the frothy price action could mean at this stage of the …
Continue readingChina, the great 21st century growth story, has shown serious signs of strain this year. Both the Shanghai and Hang Seng indices are in the red in 2013, despite a generally strong equity environment globally. …
Continue readingAs U.S. stock market indices continue to make new highs, there are a number of explanations for this massive move in the past 4 years. But what’s most telling is that global stock market performance …
Continue readingThe BRIC countries (Brazil, Russia, India, and China) were the leaders of the 2002-2007 equity bull market, both in terms of economic growth and stock price appreciation. They were the new growth frontiers, the wild …
Continue readingSPX futures are up 0.5% this morning as Europe has a strong session, likely in anticipation of a favorable result from the Italian elections later today. With SPX futures retesting last week’s highs, I wanted …
Continue readingSince Friday, I’ve initiated a couple bearish bets (here and here), and moved my trading from more neutral (focused on short volatility), to more directionally focused. It’s certainly not a gimme strategy, as shorting the …
Continue readingNonfarm Payrolls data is always a cause for heightened anticipation among both the media and the trading community, as the monthly number seems to be the most closely watched of the monthly economic indicators and …
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