Posts filed under “Technical Analysis”

Dow 11,000

How crazy looking is this chart?


click for larger graphic

11000_dow_1

Chart courtesy of NYT

Ralph gets it right:

"It is more psychological than anything else," said Ralph J. Acampora, a longtime market forecaster who accurately predicted in 1997 that the Dow would reach 10,000 by 1999. "The average investor is now going to be impressed with the market’s new high," he added. "Now that they hear it and see it, that is going to bring new money into the market."

>

Sources:
Dow Tops 11,000; First Time Since ’01
ERIC DASH
NYT, January 10, 2006
http://www.nytimes.com/2006/01/10/business/10stox.html

Graphic
http://www.nytimes.com/imagepages/2006/01/10/business/20060110_STOX_GRAPHIC.html

Category: Technical Analysis

New Column: CULT OF THE BEAR, part II

Category: Investing, Markets, Technical Analysis

Death of Volatility

Category: Markets, Psychology, Technical Analysis, Trading

P/E vs S&P 500 (50 Years)

As promised, today brings us to the 4th in our series of charts: P/E vs S&P500 click for larger chart courtesy of Mike Panzner, Rabo Securities > I’ll get into the significance of what this means to the markets later, but for now, note where the P/E is over the median, and its impact on…Read More

Category: Earnings, Markets, Psychology, Technical Analysis

2 Studies on the Flattening Yield Curve

Category: Federal Reserve, Fixed Income/Interest Rates, Inflation, Technical Analysis

Alaska is Melting . . .

It seems that the melting polar ice is becoming more of a concern to Alaskans than those of us in the lower 48. click for larger graphic courtesy of  Anchorage Daily News > Thank goodness there’s no Global Warming — imagine how much more of Alaska would be melting if there was! > See also:…Read More

Category: Science, Technical Analysis, UnScience

100 Year Dow Jones Industrials Chart

Have a look at this 100 year (actually, 105-Year) chart. I colored each “Market” appropriately — Green for Bull, and Red for Bear — to more clearly show what happens. Bull markets get ahead of themselves. At their ends, they tend towards excesses that take a very long while to recover from. When a long…Read More

Category: Markets, Psychology, Technical Analysis

4 Year Presidential Cycle

This is the first of 4 charts I plan on revealing this week. Each one will hopefully shed some insight into what we may expect in 2006. This chart shows what is known as the 4 year or Presidential Cycle. The theory behind this is that U.S. markets have a tendency to make a high…Read More

Category: Markets, Technical Analysis

Inverted Yield Curve: Its different this time (not)

Category: Federal Reserve, Fixed Income/Interest Rates, Inflation, Technical Analysis

Activity Afoot in Rove Indictment Futures

Category: Politics, Technical Analysis