China’s Oil Grab
You work long enough on Wall Street, you meet interesting people. Some are charming, some colorful, some sardonic, some brilliant. ...
Internals are Ugly
Nasdaq A/D is worse than 2 to 1 negative, the Up/Down volume is also poor, at 7 to 1.5. Not quite a 10 to 1 down day, but pretty ugly....
Unemployment Rate: Worse than it Appears
Sigh . . . Another month, another below-consensus Non-Farm Payroll number. Despite that disappointment, some took solace in the lower...
Chart of the Week: 10 Best Performing Dow Sectors
Despite the poor market performance in January, some sectors managed to buck the trend: With the SPX down 2.5%, the Dow sectors...
Yaii! Yet Another Idiotic Indicator
That’s right folks, in case one idiotic, non-causally related, too small a statisitcal sampling indicator isn’t enough...
VIX collapse
In an interesting turn, the CBOE Market Volatility Index (VIX) broke thru 11 to the downside today. I believe that is a fresh 52...
Chart of the Week: Personal Expenditure Income Ratio versus...
Our latest chart comes courtesy of Michael Panzner, author of "The New Laws of the Stock Market Jungle" click for larger...
Psychology & the Impact on Market Internals
What is the significance of the successful Iraq vote? The first blush was a euphoric declaration of victory, with pre-market equity...
Chart of the Day: S&P 500 Cumulative Advance/Decline Line
The downtrend in the S&P 500 Cumulative A/D line has been broken. This is the first sign of improving internals since the market...
Welcome Hundred Percenters & Conservative Underground
Glad to see you folks! I am sorry, however, to inform you that you were unfortunately brought here under false pretenses. The maps which...