Today’s sector performance…
Before the Open (Aug 11)
Good morning. Happy Thursday. The Asian/Pacific markets closed mixed and with a bearish bias. Only China moved more than 1% (it gained 1.3%). Europe is currently mostly down. Belgium, Norway and London are down more than 1%; France, Germany and Amsterdam are down more than 2%. Futures here in the States point towards a moderate […]
A Forced, Optimisitc Vantage Point
You guys know my stance. My bias is to the downside. The drop we have had off the highs is not a pullback within an uptrend, it’s the beginning stages of a bear market. Given this I want to try my best to offer a bullish view…or at least a glimmer of hope.
Sector Performance (Aug 10)
Today’s sector performance…
Before the Open (Aug 10)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mostly up…Australia, Hong Kong, Indonesia, New Zealand and Taiwan rallied more than 2%. Europe is currently mostly up…Austria, Belgium, Germany, Norway and Stockholm are up more than 1%. Futures here in the States point towards a moderate gap down for the cash market.
Sector Performance (Aug 9)
Today’s sector performance…
Before the Open (Aug 9)
Good morning. Happy Tuesday. Happy Fed Day. The Asian/Pacific markets closed mostly down. Hong Kong last more than 5%; South Korea dropped more than 3%; Indonesia and New Zealand dropped close to 3%. Europe is currently mixed and with a bearish bias. Austria, Germany, Amsterdam and Switzerland are down more than 1%. Futures here in […]
This Time Could Be Much Worse
Here’s the S&P 500 chart going back 15 years. We had a big rally during the late 90’s…a big sell-off from 2000-2002…a big rally from 2003-2007…a big sell-off from 2007-2009…a big rally from 2009 to 2011…and now we’re in the beginning stages of a big sell-off.
Nasdaq 100 (Aug 8)
Today’s sector performance…
S&P 100 (Aug 8)
Today’s sector performance…