Posts filed under “Markets”

Chart of the Week: DJIA Making Higher Lows

The DOW has made higher lows and is now in the process of
pulling back to its trend line. This is consistent with a minor retracement
from modestly overbought levels.

DJIA Making Higher Lows
Dow_indus_91205

Source: Stockcharts.com

Note that if Traders get a sense that the Fed may not pause,
or figures out that Oil still remains pricey, we may see more giveback of the
rally. This does not affect our expectations for the rest to grind higher
through November, and then . . .

Random Items:

Fed May Raise Rates Even After Hurricane Katrina

Lessons in Command and Control from the Los Angeles Riots

Move Over, Adam Smith: The Visible Hand of Uncle Sam

On the nature of economic recessions

FOLLOW THE MONEY

Stevie’s Little Wonder

Study: Gen Y Has $2k of Digital Entertainment Stored 

Quote of the Day:

"The two most abundant elements in
the Universe are Hydrogen and Stupidity."
-Harlan Ellison

Category: Markets

Delayed Onset: Some Historical Comparisons

Category: Investing, Markets, Psychology

Presidential Cycles

This weeks Barron’s has an interesting chart from Sy Harding. If you are unfamiliar with Harding’s work, have a look at his prescient 1999 book, “Riding the Bear: How to Prosper in the Coming Bear Market.” (Spend the $1.49 on used copy — its well worth it). Harding suggests that: “UNLESS I’M LOOKING AT the…Read More

Category: Markets, Technical Analysis

Sector Analysis

Category: Investing, Markets

DJIA 1966 – 1982

The previous chart reveals the long standing secular moves of the markets; What’s an investor to do during one of the long periods of weakness? One answer is to learn to be more nimble, and trade the cyclical markets. > Dow Jones Industrial Average, 1966 – 1982 click for larger chart data for chart courtesy…Read More

Category: Investing, Markets, Psychology, Technical Analysis

Market Cycles: 100 Year DJIA

Yet another look (see prior takes here and here) at the concept of market cycles. The past century  shows alternating Bullish and Bearish phases, secular periods each lasting for an extended time (between 10 to 20 years). > Dow Jones Industrials, 1903 – 2004 Note that markets are up slightly for 2005 since this chart…Read More

Category: Economy, Investing, Markets

Katrina Lowers Year End Expectations

Category: Commodities, Economy, Investing, Markets, Psychology

Chart of the Week: NYSE Making New Highs

Category: Markets, Psychology, Technical Analysis

Economic, Market Impact Of Hurricane Katrina

Good round up from Dow Jones:

Over a week after making
landfall, the broad economic fallout from Hurricane Katrina continues to
unfold. Economists are downgrading their third quarter growth forecasts for
the U.S. economy and not all think that rebuilding in the wake of the storm
will bring things back in the fourth quarter. Markets have stabilized
however, taking their cue from the price of oil and other refined energy
products, which have been hit by a major international effort to release
emergency energy reserves in an attempt to alleviate a supply crunch.
Estimates of the economic loss from the hurricane exceed $100 billion, with
the Senate’s top Democrat putting it closer to $150 billion.

Here
are some of the main market and economic impacts:

Read More

Category: Commodities, Currency, Economy, Markets

Chart of the Day: S&P500 following Gasoline Price Surges

Category: Commodities, Economy, Markets