Good morning. Happy Thursday. The Asian/Pacific closed mixed with a downward bias. Europe is currently mixed with a bearish slant. Futures here in the States are flat. It’s been a fairly uneventful week so far. All 3 days saw early strength get sold into, and the closes weren’t much different than the opens. So much […]
Sector Performance (Aug 26)
Here’s how the market sectors performed today…
Traders' Totally Illogical Thought Process
I read an article today about the health care debate, but it was more specifically about how people on different sides have totally screwed up thought processes. As I read, I couldn’t help but think that traders are no different. Their though process is, in most cases, backwards and a danger to their bottom line. […]
Before the Open (Aug 26)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly up; China gained almost 2%. Europe is currently down across the board; there are a couple 1% losers. Futures here in the States are down slightly. …
Sector Performance (Aug 25)
Here’s how the market sectors performed today…
Before the Open (Aug 25)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed. China lost 2.6% – the only index to move more than 1%. Europe is currently mixed – there are no 1% movers. Futures here in the States suggest a gap up open for the cash market. …
Debt as a % of GDP
Another frightening chart…debt as a percentage of GDP…we are blowing away the 1930’s. …
Sector Performance (Aug 24)
Here’s how the market sectors performed today…
Insider Buying and Selling
According to TrimTabs, here the ratio of insider selling to buying going back to Jan 2004. The CEO of TrimTabs was pretty bearish in a couple videos posted in mid June. …
Before the Open (Aug 24)
Good morning. Happy Monday. Hope you had a nice weekend. Other than the first couple minutes last Monday, last week was another good one. Everything move up…the indexes made new highs and closed near their highs. Many key groups did great. There are warning signs which are keeping me conservative, but the uptrend is firmly […]