Search completed
Asset prices are continuing to decouple, slowly but surely, it appears. Today, equities and energy were up big – while the rest of the commodity sectors had a bad case of “The Mondays”: Why is this potentially significant? Because markets have been moving more or less in tandem for 5 or 6 years now – […]
We’ve been watching Chinese stocks very closely for almost a year now, because the last time the markets all tanked, China led the way. Since retracing a standard fare Fibonacci amount of their previous losses, Chinese stocks actually put in a top last August, and since have been making an ominous set of “lower highs” […]
Checking in on Some Key Charts Major indices hit new recovery highs today, with the DOW hitting it’s highest mark in the last 18 months. Trading volume remains tepid, however – as you can see from this chart of the S&P 500, this recent rally appears to lack some conviction: Rallies have been occurring on […]
OK I’ll admit, it’s a stretch for me to sit here in my comfy office chair in Northern California and opine about the future of the Chinese economy…especially since I’ve been there exactly zero times. But the internet is a wonderful place, and it’s a fun sport anyway, so with that disclosure out of the […]
Regular readers are aware that we’ve been watching the Chinese market as a potential leading indicator for US equity markets for some time. Our astute readers aside, of course, the average financial slob (or pundit, if you will) seems unaware that the Shanghai Composite topped way back in August. When I posted this chart and […]
Happy New Year…and New Decade! Let’s dive into some of the top investment themes to keep an eye on in 2010…but first, a haiku: 09 Reflation Can it continue for long? Dollar may foil! 1. The US Dollar: The Linchpin The dollar, which topped out in early March roughly around the time the stock market […]
Crude oil has broken through the $80 mark once again – trading as high as $82 – before settling back in after hours trading due to “concerns about the US economic recovery.” Not even joking about that one. Crude’s on the loose! (Source: Barchart.com) Meanwhile the Chinese equity markets – the poster child of the […]
Is the Chinese stock market. Gold is hitting record highs, oil is breaking through to yearly highs, the DOW and S&P are hitting recent highs – but the Shanghai Composite languishes… China: Taking a breather, or rolling over? Source: Yahoo Finance Do Chinese investors know something we don’t? You may recall that Chinese markets turned […]
I have no idea what’s going on with the markets right now. Just when things look most ominous, they fire up again this week big time…isn’t that the way markets always work! Well for what it’s worth, our friend Brian Hunt made an astute ovservation that the Baltic Dry Index has turned down once again…this […]
Recent Comments