Browse by Tags

  • A winter for sports fans... our report from the Olympics

    In This Issue:

    Equities after the trend break... what next?
    Transport indicators still pointing down
    Employment MIA...
    Carry trade weakens further
    Chinese stocks continue to struggle
    Commodity overview
    A winter for sports fans... our report from the Olympics
    Interesting links

    Equities after the trend break... what's next?

    Last month we discussed the January Barometer that says as goes January so goes the rest of the year for the S&P500. After an early burst, the S&P500 lost momentum and ended the first month of the year down 6.5% from its December close. Since 1950, a negative January has correctly forecasted a down year 100% of the time for the index according to The Stock Traders' Almanac 2010. As any trader worth his or her salt knows, one indicator does not a trading system make but this is not a positive omen for markets going forward.

    ...