Quick Notes on the US Markets

Technically, all major indexes sit around their 200dMA – which means nothing really, other than everyone is watching it. Therefore, this level becomes a psychologically important level. A retracement from these levels is basically a self-fulfilling prophecy as everyone expects a fall of some sorts from here. Investors Business Daily counts only 2 distribution days Read more ➝

February 2018 Monthly Market Review

All the major equity markets saw massive selling in the beginning of February. Correlation between all asset classes rose sharply, as usual during market corrections, making it difficult to find shelter from the retreat. Combined with the unwinding of the short volatility trade which was so popular for the last few years, interest rate fears Read more ➝

Market review for August 2015

Overview Stocks around the world rebounded last week, with the U.S. taking the lead. Investors should be aware, however, that the good times may not last for long. Although last week featured more evidence that U.S. companies are able to beat diminished earnings expectations, several other developments argue for caution. Notably, estimates for growth have Read more ➝

Market review for June 2015

Review of markets over May Do you hear the markets sing, singing the song of nervous investors? One didn’t need to listen carefully to hear that volatility was the main melody in May. While April’s tune was characterised by fairly sound gains in most asset classes, May began with a European bond market correction, which Read more ➝

Market review for March 2015

The main US indexes each hit new highs last week and multiple times in February. The broad market will most likely grind higher for another week or two. However, if one or more of the indices break back down below the recent breakout level, this will most likely trigger a 2% to 5% pull back. Read more ➝