Market Overview

The current bull run in Chinese equities underscores the conundrum of China for investors: the Chinese stock market is still basically a creature of psychology. The “fundamentals” of the...

Everything flows and nothing abides, everything gives way and nothing stays fixed. Heraclitus'Go with the flow.' 'Deal with it.' 'It is what it is.' These kinds of vague philosophical exhortations...

-- VIX made a new Cycle low on Monday, then proceeded to run through all the resistance levels before closing at an 86% retracement and a credible reversal pattern. A close above last week’s...

There was a slew of talk and predictions over the last few days that were to serve warning over equity market players, but what transpired as another up week with another very strong day on a Friday,...

The last two weeks saw the release of important economic data in the US: an estimate of real GDP growth for the first quarter of 2015; international trade data which are important in predicting...

As a general rule, the most successful man in life is the man who has the best information “Everyone dreamed of the day when they would be the one to strike it rich, but what does it mean to...

Market movers ahead The focus remains on Greece ahead of the euro group meeting on Monday. We continue to see the summer crunch time as the real deadline. We forecast GDP growth in the euro area of...

The Conservative Party is the big winner of the UK election. In contrast to all pre-election predictions, the Tories have won an absolute majority in parliament and will form the government for the...

In the first quarter of 2015, U.S. economic growth came in barely above zero. Similarly, corporate profits have been coming in consistently below estimates.In both cases, the culprit was the US...

Capturing dividends using covered call writing has been a topic on great interest lately. I recently wrote an extensive white paper on this topic located in the “resources/downloads”...

Eyes on the Consumer The Atlanta Fed Macrobblog has All Eyes on the Consumer.It appears that the first quarter may have been even worse than we thought. The CNBC Rapid Update consensus estimates from...

Markets: 3 out of 4 Indexes were up this week, with the Dow leading, as markets bounced back on Friday, after a middle of the road April jobs report eased fears of a June Fed rate hike. Fed chief...

Last week’s review of the macro market indicators suggested, heading into May that the equity markets continued to look better on the longer timeframe but a bit shakier on the shorter...

My rally target yesterday morning was a retest of the daily middle band at 2100. SPX gapped over that this morning and the question now is whether the bulls can hold this break into the close. If they...