High Noon
From friend of Alhambra, Brian Cronin: The Basic or Fundamental Law of the Federal Republic of Germany (Grundgesetz für die Bundesrepublik Deutschland) came into effect in May 1949 after much discussion between the occupying powers – the USA, UK and France – after World War Two. The guardian of the law is the Federal German .. read more
Weekly Chart Review – ‘La Dolce Vita’
Just a couple of weeks ago, the S&P 500 broke out of its summer trading range and even broke above its 200-day moving average, which is indicative of a market that is turning the corner from a long-term downtrend to a long-term uptrend. The breakout didn’t last long, however, and now the S&P 500 is .. read more
The Market Gets Greeced
Nearly lost in the turmoil surrounding last Thursday’s epic intraday stock market plunge and recovery is the fact that the stock market was already falling when it happened. Stocks finished the week down roughly 6% and the S&P 500 finished the week 8.7% from the high it set just recently. Even after last week’s gyrations we .. read more
