MorningWord 1/5/12: Some things change (like the calendar) and some things just stay the same…….The Euro is extending its Q4 decline this morning making new 52 week lows agains the U.S. dollar at about 1.2835. Since May …
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MorningWord 1/4/12: If you were to look at the performance of the German equity market and see the DAX up 3.6% ytd (off almost 2% from yesterday’s highs), after just 2 1/2 trading days you …
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MorningWord 1/3/12: After a fairly volatile year in 2011 that saw a 21% peak to trough draw-down in the SPX and a 30 plus point surge at its highs in the VIX (but still closing …
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As we head into the end of the year, volatility is down, the market is up, volume is light. There’s not a ton we can deduce from this type of light volume year end action, …
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OK, bear with me here as this is a bit of a long one, I am on a 4 hour flight and have a little time so I thought I would go into some detail …
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MorningWord: 11/17/11: Well, this is starting to get old, the 4th day in the last 4 that we walk in to see our futures down on the back of European weakness, but like we’ve seen …
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Much like the prior week, equity markets the world over climbed a bit of a wall of worry in the hope that summits and troikas will solved Europe’s debt woes……The SPX closed the week at …
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Lets go to the charts. As the S&P 500 (SPX) is trying to find a bottom, its my view that technical analysis could be very instructive. After spending the better part of this past year banging around between 1250 and …
Continue readingYesterday’s late day collapse was a little concerning to say the least…..As of 2pm I really thought the market was trying to get some legs and make move to close up on the day, which …
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One thing is for certain from the last few day’s yoyo action in the equity markets; the volatility bands that blew out are likely to stay elevated for some time. Obviously in hindsight the VIX at …
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