From The Big Picture:
I was going to write something smart and pithy about this recent market decline, but then I realized that I’ve written about this in the past. So here is an excerpt from the Little Book of Sideways Markets. In addition, you can see a copy of the presentation about sideways markets. – Enjoy.
Secular sideways markets are comprised of many cyclical bull and bear markets. Though cyclical bull and [...]
Monday’s trading will be the first opportunity stock investors in the U.S. will have to act on a major technical violation that occurred at Friday’s close: The breaking of the 200-day moving average.
This could result in an avalanche of sell signals hitting the market at Monday’s open, since many technical analysts use the 200-day moving average as the dividing line between bull and bear markets. They consider the primary trend [...]
From The Big Picture:
Main street hates stocks.
That is according to today’s front page of USA Today: The print edition had a center column, above the fold, screaming green headline “Invest in stocks? FORGET ABOUT IT.” That Cap and Bold headline is as it was in original. (The online version was the tamer Invest in stocks? Small players still smarting).
It may surprise some people to learn this is both an expected and [...]
The market rally seen in recent sessions could be short lived as many downside risks remain, Gemma Godfrey, head of investment strategy at Brooks Macdonald Asset Management told CNBC Friday.
“There are signs of nervousness and that is down to the fact that this rally is on low volumes and the flows that are coming in, and there might be a correction,” Godfrey said.
She added that the rally was fragile and [...]
By Paul B. Farrell, MarketWatch
SAN LUIS OBISPO, Calif. — “While millions of Americans saw their incomes decrease, their job opportunities dissipate and their home values drop as the economy dipped,” reports ABC News, “the 535 men and women they elected to represent them in the U.S. Congress were not only shielded from the economic downturn but gained during it.”
Yes folks, more evidence of the growing class warfare [...]
After leaving the securities brokerage industry in 2009, Ian Gordon founded Longwave Analytics and Longwave Strategies to focus on protecting investors from what he believes is a global macroeconomic meltdown that is already underway. Gordon proposes that physical gold and certain gold stocks will be investors’ best hedge and overall solution to the worst financial crisis the world has seen. In this exclusive interview [...]
Where Is This Market Headed?
“He observed that human emotions collectively had major impacts on the movement of stock prices and Markets in general, ultimately creating patterns that kept repeating.” – From a book on Jesse Livermore’s trading style.
Markets at major inflection points are more a function of investor psychology and less technicals and or macro data. The struggle between [...]