Bernanke’s “Fed Speak” Ensures the Success of Internet ETFs and the Buyback Achievers ETF
During Alan Greenspan’s tenure at the helm of the Federal Reserve (1987-2006), the investment community created a phrase to capture the former chairman’s wordiness. “Fed Speak” aptly described the long-winded ambiguity in his statements. In fact, it is likely that Mr. Greenspan was intentionally vague to reduce extreme price swings in the stock market. In ...
This Would Really be a Great Spot for a Gold Reversal
Gold completed a series of chart-based steps today that tend to precede a short-term reversal in price. Let’s take a look at these steps and the key levels to watch to judge the odds for a true reversal, or yet another ‘trap’ and failed reversal against a prevailing price downtrend. We’ll start with the Daily Chart: Starting with the April two-day collapse ...
Are You Ready for Some Fedspeak?
Ready or not, we should expect a week dominated by an even greater focus on Fed policy. There are four reasons: The economic data calendar is very light; Earnings season has ended; Many will be heading for the exits early, anticipating a holiday weekend; and finally Bernanke testifies on the economy before the Congressional Joint Economic Committee. There will ...
A Flaw in the Tepper Analysis
When David Tepper speaks, the market listens. In Autumn, 2010, Tepper, the highly successful billionaire hedge fund manager, explained that for stock investors, the Fed had your back. Using options jargon he said that there was a “put” (downside protection) regardless of what the economy did. While causation is always hard to prove, the comments ...
Unsupportable Fervor Requires an ETF Wish List
“I’ve never seen THIS in 34 years of investing,” quipped media personality Jim Cramer on Monday. What was Mr. Cramer referring to? For the most part, he expressed excitement over the stock market’s ability to reward stocks of companies that missed earnings expectations as well as to reward those that beat expectations by not taking profits. In other words, ...
Disjointed Market – Where are flows Going?
Equities and 30-yr bonds are far from the only two asset classes as investors have several other choices when allocating capital, but I want to touch on these two sectors as their movements should not be ignored when making your investment decisions. It took six years but stocks are back above levels seen in 07’ as one can see a pronounced ”V” formation ...
Are Consumers Ready to Buy? What about Housing?
The economic recovery, to the surprise of nearly everyone, has been consumer-driven. This has occurred despite increased savings and an overall improvement in household balance sheets. Businesses have been cautious to invest and to hire. State and local governments have been slashing spending and employees. I expect a week with a consumer focus. It starts with ...
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Bernanke’s “Fed Speak” Ensures the Success of Internet ETFs and the Buyback Achievers ETF
This Would Really be a Great Spot for a Gold Reversal
Will Wednesday’s Fed Minutes Spark Sell-Off?
This 3-Day Pattern Is Suggesting Caution For Today
Profit Takers Bid Farewell to the Highest-Flying Stock ETFs; Should You?
Number One Threat to Dollar Rally This Week
Are You Ready for Some Fedspeak?
It’s Mid May – Did you ‘Go Away’?
A Flaw in the Tepper Analysis
Bob Lang: a bit weaker tonight on the China flash PMI - 49.6 vs 50.5 @Stephanie_Link @DougKass 3 hours ago
SharkInvesting: We could use a few days of rest, but the bears have miles to go before they can pat themselves on the back for being right all along. 4 hours ago
Bob Lang: RT @TrinityAssetMan: @aztecs99 how big bob ?---spx was up 10 handles and closed down 28. 5 hours ago
Corey Rosenbloom : RT @allstarcharts: NEW POST: About Wednesday's Candle http://t.co/R1c6x1Sbct $SPX 7 hours ago
Chris Ciovacco: @biggalaxy Today was ugly (no question), but bears need some follow-through - Some small weekly cracks could widen - still relatively minor 8 hours ago
Chris Ciovacco: DAMAGE REPORT: Not much on the weekly charts - still look good - Bears need a more than a one day drop, which may or may not come $SPX 8 hours ago
Chris Ciovacco: AFTER HOURS: S&P futures now 11 points above today's low ....BUT also still 28 points below today's high. Last trade down 8 points 8 hours ago
