Welcome to this week’s State of the Markets. In this week’s episode, we record live on Friday and during a wicked market correction in the Nasdaq. We update some of our recent historical data studies… some have remained relevant while others have to be discarded. As the bonds vs. equities debate continues with yields rising,…...
Welcome to this week’s State of the Markets. In this week’s episode, we catch up on some of our market quantitative studies, rationalize the bond market sell-off that is equating a VaR shock in equities, and look at the yield curve more in depth. One thing is for certain, there are no certainties in the…...
For this week’s tech report, we focus on that shiny precious metal: gold. Ever since the post-recession high in October of 2011, prices have been on a steady decline stopping just above the 1000.00 level and moving sideways ever since. As of last week, the precious metal has come to test what seems to be…...
As the recovery from the 2018 correction continues, we evaluate price action through visual charts to determine what moves are likely in the coming days. As it stands, we remain in a corrective state until we see a breach of new highs to comfortably say the upward trend continues. Looking at the chart above, we…...
As we come into the final trading days of February, we’ve had some pretty technically responsive price action as stocks continue to recover from the correction that took place earlier this month. We mentioned in the previous technical report that the SPX had put in a double bottom pattern and we were awaiting prices to…...
Last week we took a look at the price action of the S&P 500 after a very volatile week. We suggested that given particular technical indicators, price would at least come to test the 2600-2500 lows that were put in last Monday, and that is what we had during Friday’s trading session. Prices came to…...
SPX 500, CFD (Daily Candles) As we enter the corrective phase of the market moves, we seek the guidance of technical analysis to provide us with some insight on possible market moves for the upcoming sessions. Above you will find a Daily Candle chart of the S&P 500 Contracts for Difference, which tracks the SPX.…...
