Category Archives: Investment

A Calm, Above Average June

June 2014 marks the third lowest month of realized volatility for the S&P 500 Index during June since 1950. The graph above plots the returns (x-axis) and realized volatility (y-axis) for the 65 months of June since 1950. The “above … Continue reading

Posted in Investment | Leave a comment

SPX Seasonality for the Month of July

Posted in Investment | Leave a comment

Notable Economic Releases for 3/24 – 3/28

Monday, March 24, 2014: PMI Manufacturing Index (Mar Prelim) (09:45 AM ET) Tuesday, March 25, 2014: S&P Case-Shiller Home Price Index (Dec) (09:00 AM ET) New Home Sales (Feb) (10:00 AM ET) Consumer Confidence (Mar) (10:00 AM ET) Wednesday, March … Continue reading

Posted in Investment | Leave a comment

FOMC Release and Market Reaction

The Federal Open Market Committee released their decision to allow the Federal Funds Rate to float between 0% and 0.25% while they once again reduced the amount of monthly asset purchases under QE3 by $10 billion. This was to be … Continue reading

Posted in Investment | Leave a comment

Equity Market Persistence

Equity markets sold off in early trading to the tune of -0.7% reaching a low of 1854 on the SPX. As the day progressed, that trade was completely unwound and the SPX went unchanged by midday. The SPX closed about … Continue reading

Posted in Investment | Leave a comment

S&P Corrects; Earnings Season Continues

 

Posted in Investment | Leave a comment

The SPX Will Continue to Move into Overbought Territory

A quick recap to yesterday:  the SPX gapped down right to my Oversold level of 1398; ultimately giving way to down to 1394.  At that point, the SPX immediately reversed course back to 1398; holding that level for a bit … Continue reading

Posted in Investment, Portfolio Strategy | Tagged , | Leave a comment

Gold: The Best Long Term Investment – Gallup Survey

I don’t blame you.  Interest rates are next to nothing.  Stocks are experiencing frequent bouts of high volatility.  Pop went the real estate bubble.  Gold has increased in value on a yearly basis for the last 10 years.  I’m all … Continue reading

Posted in Investment, Portfolio Strategy | Tagged , , | Leave a comment

In Anticipation of GDP; S&P 500 Strategy

Thursday’s market action was the direct result of a short covering rally: low volume and almost zero news to act as a catalyst either way. The SPX reached above 1400 and is now comfortably above the more significant level of … Continue reading

Posted in Investment, Portfolio Strategy | Tagged , , | Leave a comment

After Apple, SPX Futures Higher; Key Levels

Yesterday started out as planned, or at least according to yesterday’s quantitative levels of 1366 / 1377. After opening up flat, the SPX took to higher levels immediately following the 10 AM economic releases–specifically the revision to last month’s New … Continue reading

Posted in Investment, Portfolio Strategy | Tagged , , , | Leave a comment