Monthly Archives: April 2014

Chart of the Day: Sector Rotation

The chart below shows the ongoing sector rotation in U.S. equity markets. Highlighted in green are the best performing sectors on a rolling three month basis; red spheres are, relatively, the worst performers. Several trends emerge from this chart; Consumer … Continue reading

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April 21, 2014: Thin Tape

The S&P 500 index rose by 7.04 points today to close at 1871.89, or +0.38%. The index is now +1.27% for the 2014 calendar year, but -1.34% below its all-time high achieved on April 4. The 10-year Treasury Note currently … Continue reading

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Notable Economic Releases: April 21 – April 25

Tuesday, April 22, 2014: 10:00 AM ET NAR Existing Home Sales (March) Wednesday, April 23, 2014: 10:00 AM ET New Home Sales (March) Thursday April 24, 2014: 08:30 AM ET Durable Goods Orders (March) Friday April 25, 2014: 09:55 AM … Continue reading

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Extreme Uncertainty in Equities

Over the course of the last eight trading days, the intraday range on the S&P 500 was greater than 1% on seven occasions; with the exception being a 0.95% range on April 8th. This volatile period started back on Friday, … Continue reading

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SPX Drops >2%; 2014 Surpasses 2013 in Occurences

Today marks the third time this year that the S&P 500 declined by greater than two percent in one day; surpassing the two times that it occurred in 2013. If it wasn’t clear already, the investment framework that was used … Continue reading

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