» doug short

I just finished reading a couple of commentaries by familiar pundits at Project Syndicate on the ongoing disaster in Greece. PIMCO’s PMohamed El-Erian asks the rhetorical question Who is Responsible for the Greek Tragedy? Nouriel Roubini states unequivocally that Greece Must Exit the Eurozone....

Earlier this week the Wall Street Journal posted the results of its May Survey of economists. Naturally I charted some of the data, focusing on GDP, but I held off on sharing it until we got the latest Federal Reserve GDP projections, published at 2 PM today. Here’s a link to the Journal’...

The $OEXA200R (the percentage of S&P 100 stocks above their 200 DMA) is a technical indicator available on StockCharts.com that can be used to forecast conservative entry and exit points for the stock market. The OEXA is used to find the “sweet spot” time period in the market when yo...

The S&P 500 plunged at the open and hit its intraday low near the end of the first hour of trading, off 1.24%. There were no economic indicators to distract the markets from the ongoing Greek drama and JPMorgan’s travesty of professional trading. After a feeble attempt at recovery, the mar...

The Weekly Leading Index (WLI) growth indicator of the Economic Cycle Research Institute (ECRI) is now at 0.1 as reported in today’s public release of the data through May 4. This is essentially unchanged from last week. However, the underlying WLI again rose fractionally from an adjusted 124....

The $OEXA200R (the percentage of S&P 100 stocks above their 200 DMA) is a technical indicator available on StockCharts.com that can be used to forecast conservative entry and exit points for the stock market. The OEXA is used to find the “sweet spot” time period in the market when yo...

Here is a summary of the four market valuation indicators I updated at the beginning of the month. ● The Crestmont Research P/E Ratio (more)● The cyclical P/E ratio using the trailing 10-year earnings as the divisor (more)● The Q Ratio, which is the total price of the market divided by its ...

The Weekly Leading Index (WLI) growth indicator of the Economic Cycle Research Institute (ECRI) is now at 0.0 as reported in today’s public release of the data through April 27. This is the third consecutive week-over-week decline since January 6th. However, the underlying WLI again rose fract...

Here is a new update of a popular market valuation method using the most recent Standard & Poor’s “as reported” earnings and earnings estimates and the index monthly averages of daily closes for March 2012, which is 1386.43. The ratios in parentheses use the monthly close of 1,...

The $OEXA200R (the percentage of S&P 100 stocks above their 200 DMA) is a technical indicator available on StockCharts.com that can be used to forecast conservative entry and exit points for the stock market. The OEXA is used to find the “sweet spot” time period in the market when yo...

The Weekly Leading Index (WLI) growth indicator of the Economic Cycle Research Institute (ECRI) is now at 0.6 as reported in today’s public release of the data through April 20. This is the second consecutive week-over-week decline since January 6th. However, the underlying WLI rose fractional...

The Apple earnings report after the market closed yesterday put today’s markets into strong rally mode, and the Fed’s latest economic projection, released this afternoon, gave a further goose to the rally. The Fed’s 2012 GDP forecast “central tendency” range was raised ...