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Chart of the Week: S&P500 (12 months), Fed Edition
Posted By Barry Ritholtz On February 15, 2006 @ 9:00 am In Federal Reserve,Technical Analysis | Comments Disabled
As the 12 month chart below reveals, there have been several strong moves off of oversold conditions. Other than the oversold bounce post Katrina, the chatter around each upwards move has involved the expectation that the Fed is (almost) done.
What happens as the market comes to realize the Fed may not be so close to finishing?
Stay tuned . . .
Quote of the Day
“Ignorance is not knowing something; Stupidity is not admitting your ignorance.”
-Daniel Turov 
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2006/02/chart-of-the-week-sp500-12-months-fed-edition/
URLs in this post:
 Image: http://bigpicture.typepad.com/.shared/image.html?/photos/uncategorized/spx_12_mo_fed.jpg
 3 questions Bernanke should answer: http://www.marketwatch.com/News/Story/Story.aspx?guid=%7BF2544F6D%2D4542%2D41BA%2D8178%2DB31D0A930B56%7D&siteid=mktw&dist=
 U.S. Stocks Get a Cheerleader: http://online.wsj.com/article/SB113979171386072008.html
Are Weak Commodities Good for Stocks?: http://online.barrons.com/article/SB113941544619368474.html?mod=9_0039_Getting
 Free Markets and the End of History: http://www.digitalnpq.org/archive/2006_winter/friedman.html
 General Motors Death Watch, part 56: http://www.thetruthaboutcars.com/content/1139832330196134092
 Can Molecular Nanotechnology End Our Oil "Addiction?": http://www.foresight.org/impact/whitepaper_illos_rev3.PDF
Hold on Tight: GS says, Cuts in Profit Estimates Loom: http://online.wsj.com/article/SB113988486291673150.html
Rivals aim at iTunes’ grip on music downloads: http://news.ft.com/cms/s/a95c942c-9a63-11da-8b63-0000779e2340.html
 Daniel Turov: http://www.danielturov.com/
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