Year-end is both a boring time and an anticipatory time for markets. Most markets get relatively quiet. Yet for some, that quietness is just the prelude to new and interesting trends that break out in early January. The question I’m stuck on is whether stocks have been held up by year end forces while the [...]
Entries from December 2009
Next Week – Next Year
December 31st, 2009 · 1 Comment
Tags: Crude Oil · Euro · General Market Commentary · Gold · S&P 500 · Solunar Model
The Euro Speaks
December 29th, 2009 · No Comments
Today’s action in the euro has a strong message for future direction of the dollar rally.
Tags: Euro
State of the Blog
December 29th, 2009 · 3 Comments
I think I’ve been able to restore more functionality to the blog following the infection by a worm that managed to cause considerable havoc. Newly registered members can now subscribe once again via the subscriptions button at the top of this page. There are a few more tweaks that need to be taken care of [...]
Tags: Blog News
Latest Case Shiller Housing Data
December 29th, 2009 · No Comments
The latest Case Shiller housing numbers are out. As usual, I’ve put them into helpful chart and table format. I’ll let people draw their own conclusions. It’s worth noting that there’s a fair amount of lag in the data. They report with a two month lag, but each monthly number is a three-month moving average. [...]
Tags: Real Estate
Short Term Doings
December 28th, 2009 · No Comments
U.S. stocks may generate an interesting short-term signal in the next few trading hours.
Tags: General Market Commentary · S&P 500
Oil & the Dollar
December 23rd, 2009 · No Comments
I noted back on December 16 that crude oil had formed back-to-back range bust days, and that such occurrences were rare and powerful signals. Oil closed that day at 73.72 and is now at 76.75.
Tags: Crude Oil · Euro · General Market Commentary
We’re Back – Sort Of
December 23rd, 2009 · 1 Comment
The blog is recovering from a rather nasty worm infection. Basic posting has returned, but it may be awhile before I get the subscription sign-up module back up and running. Thanks for your patience! Happy Holidays! Mine will be spent squashing web code bugs!
Tags: Blog News
Analog on the Seasonal Fire
December 23rd, 2009 · No Comments
Here’s a couple of interesting charts. First, is an analog comparing the NASDAQ from the 2000 top to the Japanese Nikkei from its 1989 top. This chart has been floating around for a while and is not my work. But it’s interesting. I tend to think analogs break down those times when the driving forces [...]
Tags: General Market Commentary · S&P 500 · Solunar Model