Quote of the Day: Michael Belkin
“Most global stock indexes have decisively broken below their 200 week moving averages, which is a major trend reversal. The...
Blind Denial About Running a Good Business
Some people are discussing these financial issues as if they were a random black swan event. But that’s incorrect; these events are...
Trading Buy
Our Institutional Research firm — my day job — made a short term buy call last night. Its only a trading call, but I will see...
Why Does -20% = Bear Market?
• Battered by Oil, Dow Touches Bear Territory (New York Times) • Dow Hits Bear-Market Territory (Wall Street Journal) • Stocks Near...
Louise Yamada: Dow 10,000, SPX 1,175, Nasdaq 2,000
Discussing where the market goes next, with Louise Yamada, managing director of Louise Yamada Technical Research Advisors: click for...
Read It Here First: VIX Says No Panic — Yet
On Monday, we showed a one year chart of the VIX versus SPX. We noted that the VIX had stayed relatively modest, implying that a tradable...
New 2008 Lows For Dow — But Not SPX or NDX
Just a frame of reference here, the intraday low in the DJIA today 11, 574.24 is below the prior lows set on January 22nd was 11,635....
10 Year VIX versus SPX
Yesterday, we showed a one year chart of the VIX versus SPX. It was apparent to someone watching both of these squiggly lines that a big...
Chart of the Day: VIX versus SPX
I came into the office this morning, and my trading desk started our week by discussing the VIX. We put this chart together comparing the...
Crude Oil = $140
Well, almost — it hit $139.89 earlier today (July contract, expiring Friday June 20th)