Posts filed under “Index/ETFs”

Mega-Bear Quartet

Doug Short overlays the 4 major bear markets of the past centruy onto one chart. Its a comparison of today’s S&P 500, the Dow post 1929, the Nikkei post 1989, and the NASDAQ after the tech bubble:


Chart via Doug Short

Here’s another link that allows you to see the comparison by degrees.

Very nice work, Doug!


Note: Doug goes on my list of people who work on Wall Street and have and have a market appropriate name. . . .

Category: Index/ETFs, Markets, Short Selling, Technical Analysis

Stopped Out Longs, Possible Shorts

Dow is at 7997.28; S&P500 is at 806.58. Our cash position is back to 75%, we are still 25% long (including inverse funds). On this break, we could see (technically) a low of 681 on the SPX, Dow 7,100, and Nasdaq 1070. (There are deeper levels, but its too ugly to write now). Last week,…Read More

Category: Index/ETFs, Technical Analysis, Trading

ETF volume relative to underlying index volume

As the market has sold off since January, exchange-traded fund volumes have outpaced those of the underlying indexes, suggesting that ETFs are increasingly becoming the hedging and speculative mechanisms of choice in the U.S. equity market. Since the year began, volume in the PowerShares QQQ (QQQQ) ETF relative to the Nasdaq-100 index has jumped from…Read More

Category: BP Cafe, Index/ETFs, Technical Analysis

Today’s Five Favorite Videos

Today’s Video: The Onion on Obama’s Obsessive Supporters Trichet: ECB Rate Cuts `Substantial,’ More Possible Rough Road Ahead for Retailers Are Stocks Cheap? Paul Disses the Triple Leverage ETF

Category: Economy, Federal Reserve, Index/ETFs, Markets, Politics, Trading

3X Exchange-Traded Funds

When we made our buy ‘em call on October 10th, we wanted to avoid single stock risk. And, we wanted to have prudent exposure, while still maintaining some cash levels. Our solution was to deploy enough cash into 2 to 1 leveraged funds on the S&P (SSO) and the Nasdaq 100 (QLD) so that our…Read More

Category: Index/ETFs, Markets, Trading

Paul Disses the Triple Leverage ETF

Nearly every sector of the financial world is mid-way through a painful unwinding of all things leverage. That’s right, I said nearly every sector. Triple-levered ETF funds have just launched and my guest blogger and investor Paul Kedrosky calls them ticking time bombs waiting to explode.

Why the market likes them, and Kedrosky hates them in the clip.

When Exchange Funds Go Bad
Sarah Lacy
Yahoo Tech Ticker Nov 05, 2008 02:00pm

Category: Index/ETFs, Markets, Video

Race to Call the Bottom

No wonder Wired wrote:

That said, your blog will still draw the Net’s lowest form of life: The insult commenter. Pour your heart out in a post, and some anonymous troll named r0rschach or foohack is sure to scribble beneath it, “Lame. Why don’t you just suck McCain’s ass.” That’s why Calacanis has retreated to a private mailing list. He can talk to his fans directly, without having to suffer idiotic retorts from anonymous Jason-haters.

Category: Financial Press, Index/ETFs, Markets, Psychology

S&P 500 Review

Category: Index/ETFs, Markets, Quantitative, Short Selling, Technical Analysis

Kraft Foods to Replace AIG in Dow

Wow, that didn’t take long . . . effective September 22 (Monday).

AIG, which joined the Dow in 2004, is the latest in a series of disastrous Dow picks: Microsoft, Intel, and Home Depot . . .


Read More

Category: Index/ETFs, Markets

The S&P 381 and Other Oddities

Category: Index/ETFs, Markets