» s&p500

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 S&P 500 has sold off 5.58% from its April 2nd high of 1422 to its low on May 9th of 1343 and conditions are in place for the market to put in an intermediate low. Whether the market rallies from present levels or not will tell us a lot about the market’s current strength. Failure to rall...

Ten more years of low returns in the stock market.  If you are one of the millions of baby boomers headed into retirement – start saving more and spending less because the stock market won’t bail you out.  Now that I have your attention I will explain why this is the likely future ahea...

Today’s selloff in the S&P 500 snapped a two-day rally with a loss of 1.25% for the day and 1.99% for the week. It was the worst weekly performance of 2012 and the first consecutive weekly losses since last November. Lately I’ve wondered whether the 50-day moving average would act as...

In our recent post “The Correction Has Started” we stated:  “The markets should find initial support at the 50 dma, which as of the time of this writing is 1371.30 to be exact.  Over the next day or so this will likely be closer to 1370 as identified in the chart.  Just behin...

About the only certainty in the stock market is that, over the long haul, over performance turns into under performance and vice versa. Is there a pattern to this movement? Let’s apply some simple regression analysis (see footnote below) to the question. Below is a chart of the S&P Composi...

During bullish market advances there is a lot of faulty analysis done in order to promote a bullish bias.  Wells Fargo Advisors today pretty much just captured the gold in this competition with this piece of lunacy via Bloomberg:  “Wells Fargo Advisors examined return for stocks over next 1...

The S&P 500 closed the week at a new interim high, up 8.60% in the first 37 days of trading versus 2.69% over the same timeframe in 2011. But what about volume? I’ve posted comparisons with 2011 after the first 12, 24 and 34 days of trading. Here is an updated comparison after the fir...

News headlines are usually more confusing than helpful, especially when trying to determine if stocks are overvalued, fairly valued, ot undervalued. At any given time there will be those who simultaneously claim that stocks overvalued and undervalued. Of course, they all have their own methodologies...

‘The Dow was up 21 points today as confirmation of yesterday’s 200 point move higher in equities. The US has decoupled from the world both in terms of economic data such as PMI and equity prices. The US stock market has been able to decouple from financials for over two years. The US stock m...

One of the most important elements of entering a longer term trade is understanding why you are doing such. Price will go higher or lower alone is not sufficient. You need to understand the basis for such movement in price. That way as the trade evolves you can begin to understand if your thesis is ...

An impressive rally today with winners clearly leading over losers.  Has something changed?  No.  In fact things are actually a bit worse.  Congress has failed to pass the payroll tax cut extension into 2012 which potentially sets the economy up for about a 2% hit to GDP, nothing has been cured...