A Closer Look: Market Cap

The S&P 500 Cap-Weighted Index ((IVV))  has finally been showing signs of wearing down this year, breaking through support at the 1850 level and then its 50-day moving average this past week, while also coming perilously close to breaking the 1815 level. Are the market technicals finally catching up to what the economy and the .. read more

On April 13th, 2014, posted in: Weekly Update by

Back Over The Rainbow

The Wizard: I AM OZ…the Great and Powerful! Who are you? The Wizard: Pay no attention to that man behind the curtain! The Great Oz has spoken! Dorothy: How can you talk if you haven’t got a brain? Scarecrow: I don’t know. But some people without brains do an awful lot of talking, don’t they? .. read more

A Closer Look: Commodities

The GSCI Commodity Index ((GSG)) consists primarily of Energy, but also includes Agriculture, Industrial Metals, Livestock, and Precious Metals as part of its holdings. The index broke out to the upside in the beginning of February and after retreating back to support in March, seems poised to continue its run higher. The index moved above .. read more

On April 6th, 2014, posted in: Weekly Update by 1 Comment

A Closer Look: World Markets

The  S&P 500 Index (IVV) went on a stellar run this past year, gaining just over 32% on its way to new all-time highs. After rebounding from a sharp but brief sell-off in January, the index has staggered over the past two months and is having trouble crossing through the 1883 level. This coming week .. read more

On March 30th, 2014, posted in: Weekly Update by

Random Thoughts

This will be a short note as I have family obligations to attend this afternoon. My daughter is home for spring break from the great frozen north and we’re headed to John Pennekamp park down in the Florida Keys this afternoon so she can thaw out. So just a few random thoughts and observations from .. read more

A Closer Look: Market Style

The S&P 500 Index((IVV)) has staggered since the onset of the year, gaining just over 1% during this volatile 1st quarter. It remains above support at the 1850 level and the 50-day moving average, but the market feels tired and is likely to test that this week. We might be in the midst of a .. read more

On March 24th, 2014, posted in: Weekly Update by

Who’s The Sucker?

Indeed, if you aren’t certain that you understand and can value your business far better than Mr. Market, you don’t belong in the game.  As they say in poker, “If you’ve been in the game 30 minutes and you don’t know who the patsy is, you’re the patsy.” I was sitting at my desk early .. read more

Why The Market Really Sold Off Last Week

Josh Brown at the Reformed Broker had a post last Thursday titled Why Did The Stock Market Sell Off Today?. It is a very clever and funny post that plays off the biases of various media. A sampling: Wall Street Journal: Tensions in Ukraine and the Crimean peninsula Yahoo Finance: Russians Fox Business: Obamacare CNBC: .. read more