Monthly Archives: March 2012
Also, each time there has been a dip recently it has been accompanied by a virtual flood of bearish tweets. Not today. Advertisements
No BTFD dip bounce in the ES today (at least so far).
The price action in the ES this morning hasn’t been great – real sloppy. This is not positive, especially on a day when there is a liquidity-draining POMO due. Not looking for the end of world, but maybe softer. EDIT: … Continue reading
Plenty of summaries around of the action last week, and what to expect now. Don’t want to rehash, so here are some things that stuck out for me. Hugely bullish reports from Goldman and Citi got a lot of coverage, … Continue reading
I cheered at the appropriate spot in this video! Fantastic! Watch Dutch mechanical engineer Jarno Smeets take off by flapping wings of his own invention — just like a real bird! It’s uncanny. http://www.gizmodo.com.au/2012/03/man-flaps-his-own-wings-to-fly-like-a-bird/ Real bummer it isn’t real 🙂
A few days ago I linked over the the Global Macro Monitor blog (if you are not reading the Global Macro Monitor blog, what is wrong with you???). Here is another outstanding post. Described as ‘must view’. It is. http://macromon.wordpress.com/2012/03/15/nonlinear-thinking-pessimistic-this-is-must-view/#comment-4583 Please … Continue reading
Bespoke offers an interesting and sobering post: the S&P 500 is now trading two standard deviations above its 50-day moving average, putting it into extreme overbought territory. http://www.bespokeinvest.com/thinkbig/2012/3/13/sp-500-trading-range-and-breadth-charts.html