Monday Morning Chartology-3/1/10
Steve Cook on Disciplined Investing

Syndication

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News

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Have You Seen This?

The Market
    
    Technical

    A chart on bond yields:
    http://pragcap.com/the-one-chart-that-scares-richard-russell

    Indicator update from TraderFeed:
    http://traderfeed.blogspot.com/2010/03/indicator-update-for-march-1st.html

      Monday Morning Chartology

    Note the convergence at 1104 of the S&P, the minor resistance level and the downtrend off the October 2007 high.  A break either way would speak volumes.


 



   
    Note the VIX may still be a trading range but it is acting like very poorly

.


   Fundamental
        
    Stock prices after a Fed Funds rate hike (chart):
    http://www.investmentpostcards.com/2010/03/01/how-will-a-fed-fund-rate-hike-impact-equities/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+wordpress%2FVYxj+%28Investment+Postcards+from+Cape+Town%29&utm_content=Yahoo!+Mail


    Warren Buffet’s annual letter to shareholders (it’s long):
    http://www.berkshirehathaway.com/letters/2009ltr.pdf

Economics

   This Week’s Data

    January personal income rose 0.1% versus expectations of an increase of 0.4%; January personal spending jumped 0.5% versus estimates of up 0.4%.
    http://www.calculatedriskblog.com/2010/03/january-personal-income-flat-spending.html

   Other

    The latest data on money supply (M2) growth (chart):
    http://www.businessinsider.com/chart-of-the-day-money-stock-2010-2?utm_source=Triggermail&utm_medium=email&utm_campaign=CS_COTD_022610

    A dissenting view of US indebtedness (medium):
    http://www.minyanville.com/businessmarkets/articles/public-debt-america-global-lower-greece/2/24/2010/id/26985?page=full

    More trouble ahead in commercial real estate (medium):
    http://www.ritholtz.com/blog/2010/02/commercial-real-estate-more-trouble-ahead/
   
Politics

  Domestic

Monday morning humor:
http://www.nakedcapitalism.com/2010/02/how-to-stay-awake-during-obama-speeches-play-bullshit-bingo.html










Posted 03-01-2010 8:26 AM by Steve Cook