General Comments
I thought it might be useful to take a few moments to look at the technical situation in US stock indexes. Though this is important work, we are only going to scratch the surface. I'll end this post with a quick look at other things you might want
Pullback
On 4 December, I fired off a quick tweet that generated a lot of discussion in my Facebook and email inboxes. (Curiously enough, not so much discussion on the tweek itself.) The tweet was just a quick snap of a daily and intraday chart of Bitcoin (BTCUSD) with the caption
Chart of the Day
fundamental analysis
Investors are terrified at the thought of a recession. (Writers love it, because everyone will read an article on a recession!) Investors are right to be concerned, as bear markets in stocks have lined up nicely with recessions--investors have a tough time, and real value is destroyed in good companies.
Support / Resistance
Markets broadly exist in two states: trends or trading ranges. In other words, a market is happy with the current price (and accepts it) or is moving to another price. Of course, this makes everything sound a bit more predictable than it actually is: trends can seemingly go on forever,
Chart of the Day
This will be a very quick blog, as I'm just typing a few thoughts here in the first few minutes of what might be a volatile trading day. This morning, I noticed an extreme negative NYSE TICK reading on the open, and ran some quick stats. * The low
General Comments
This is the last in a series of blogs looking at December seasonality in stocks. To quickly recap, the first post used a simple binary (up/down) classification to look at all months of the year in graphical format. (Lesson: yes/no classifications are useful and so are data visualizations.
Chart of the Day
Pullback
A week ago, I pointed out trade setups in NZDUSD and many NZD crosses to my MarketLife and Talon clients. Of course, one issue currency traders need to consider is correlated risk; if you take a bunch of trades driven by one particular currency (even if that currency is the
Market Math
This is a continuation of a series of posts looking at December seasonality in the stock market. The previous post is here, and the goal of this series is to both examine the seasonal tendency and to share the thought process. Today, we’re going to do something a little
Market Math
This is a followup to my previous post that included a visualization of seasonal tendencies for about 90 years of the US stock market. A visualization like that is a good way to see some patterns in the data, and to maybe get some ideas for further exploration. Today, let&
General Comments
This is the first in a short series of blogs in which we will look at the so-called Santa Claus rally in stocks and find some answers to the question "is there a tendency for stocks to rally into the end of the year?" This is not a