Global Economic Intersection
Advertisement
  • Home
  • Economics
  • Finance
  • Politics
  • Investments
    • Invest in Amazon $250
  • Cryptocurrency
    • Best Bitcoin Accounts
    • Bitcoin Robot
      • Quantum AI
      • Bitcoin Era
      • Bitcoin Aussie System
      • Bitcoin Profit
      • Bitcoin Code
      • eKrona Cryptocurrency
      • Bitcoin Up
      • Bitcoin Prime
      • Yuan Pay Group
      • Immediate Profit
      • BitQH
      • Bitcoin Loophole
      • Crypto Boom
      • Bitcoin Treasure
      • Bitcoin Lucro
      • Bitcoin System
      • Oil Profit
      • The News Spy
      • Bitcoin Buyer
      • Bitcoin Inform
      • Immediate Edge
      • Bitcoin Evolution
      • Cryptohopper
      • Ethereum Trader
      • BitQL
      • Quantum Code
      • Bitcoin Revolution
      • British Trade Platform
      • British Bitcoin Profit
    • Bitcoin Reddit
    • Celebrities
      • Dr. Chris Brown Bitcoin
      • Teeka Tiwari Bitcoin
      • Russell Brand Bitcoin
      • Holly Willoughby Bitcoin
No Result
View All Result
  • Home
  • Economics
  • Finance
  • Politics
  • Investments
    • Invest in Amazon $250
  • Cryptocurrency
    • Best Bitcoin Accounts
    • Bitcoin Robot
      • Quantum AI
      • Bitcoin Era
      • Bitcoin Aussie System
      • Bitcoin Profit
      • Bitcoin Code
      • eKrona Cryptocurrency
      • Bitcoin Up
      • Bitcoin Prime
      • Yuan Pay Group
      • Immediate Profit
      • BitQH
      • Bitcoin Loophole
      • Crypto Boom
      • Bitcoin Treasure
      • Bitcoin Lucro
      • Bitcoin System
      • Oil Profit
      • The News Spy
      • Bitcoin Buyer
      • Bitcoin Inform
      • Immediate Edge
      • Bitcoin Evolution
      • Cryptohopper
      • Ethereum Trader
      • BitQL
      • Quantum Code
      • Bitcoin Revolution
      • British Trade Platform
      • British Bitcoin Profit
    • Bitcoin Reddit
    • Celebrities
      • Dr. Chris Brown Bitcoin
      • Teeka Tiwari Bitcoin
      • Russell Brand Bitcoin
      • Holly Willoughby Bitcoin
No Result
View All Result
Global Economic Intersection
No Result
View All Result

Market Commentary: Bulls Are Throwing A Party, Everyone Is Welcome

admin by admin
June 6, 2014
in Uncategorized
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Written by Gary

Closing Market Commentary For 06-06-2014

Anther interesting session behind us. The $VIX dropped to the lowest point since 02-26-2007, the SP500 tipped the high mark at 1949.44 and the DOW melted up to 16924.28. What does this mean, I am not sure, but I am not buying long. In fact I increased my cash position as it is just not worth the agration of ‘hoping’ I might another 15%.

By 4 pm the bulls party music was loud an raunchy and the overall situation smelled something like, you know, BS.


However, the more talk of a correction only pushes the markets higher it seems, but it would be foolish to ignore some thoughts that this might be the aging bull that is starting to get tired.

Correction 2014: Are You Prepared?

Summary

  • The S&P 500 is now up over 180% since troughing in March 2009 and it has been almost 3 years since the market experienced a 10% correction.

  • Historically, market corrections happen approximately every 2 years on average.

  • We think that this rally is getting very long in the tooth and we wouldn’t be surprised if we have a healthy pullback in the coming weeks or months.

  • The cost of protection is cheap and investors should consider hedging their portfolios.

The S&P 500 is now up over 180% since troughing in March 2009 and it has been almost 3 years since the market experienced a 10% correction.

Read More >>

With a correction in mind, what would be the best hedge. The are opinions that cover the many spectrum’s from gold, bonds and large, stable, low beta, dividend-paying US companies. In reality there may not be any.

What is the single best hedge against inflation? There may not be one

Rabo TransAct

What asset class is the hands-down best performer when inflation picks up? It depends on what flavor of inflation you’re dealing with.

Continue Reading »

And for a reality check. I have been lamenting for weeks that the rising of the market is directly disproportional to the falling volume.

A Reality Check …

Today’s chart shows the DJI on a weekly basis with its weekly volume levels since 2006.

Question for today: How low do you think the volume can go with the DJI still going higher?

ChartHere

The short term indicators are leaning towards the hold side at the close. The all important signs of reversal, up or down, have not been observed so we are mostly, at best, neutral and conservatively holding. The important DMA’s, volume and a host of other studies have not turned and that is not enough for me to start shorting. The SP500 MACD has turned up, but remains above zero at 16.97. I would advise caution in taking any position during this volatile transition period although Barchart.com shows a 16 % sell. (was 56% buy this morning) Investing.com members’ sentiments are 66 % bearish.

If you would like to get advanced buy/sell tweets, sign-up in the column to the right of this post by clicking on the ‘Follow‘ button. Write me with suggestions and I promise not to bite.

The DOW at 4:00 is at 16924.28 up 88.17 or 0.52%.

The SP500 is at 1949.44 up 8.98 or 0.46%.

SPY is at 195.41 up 0.93 or 0.48%.

The $RUT is at 1165 up 11 or 0.98%.

NASDAQ is at 4321 up 25 or 0.59%.

NASDAQ 100 is at 3795 up 18 or 0.47%.

$VIX ‘Fear Index’ is at 10.73 down 0.95 or -8.13%. Bullish Movement

(Follow Real Time Market Averages at end of this article)

The longer trend is up, the past months trend is positive, the past 5 sessions have been positive and the current bias is positive and volatile.

How Oil Really Gets Priced

WTI oil is trading between 103.07 (resistance) and 102.32 (support) today. The session bias is sideways and is currently trading up at 102.75.

Brent Crude is trading between 109.30 (resistance) and 108.48 (support) today. The session bias is positive and is currently trading up at 108.77.

Maybe I’m Wrong – Justifying $2,000+ Gold by Jeffrey Dow Jones

Gold fell from 1257.47 earlier to 1246.12 and has since reversed course. It is currently trading down at 1253.20. The current intra-session trend is positive.

Analysts forecast a corrosive year for copper prices

Dr. Copper is at 3.059 falling from 3.092 earlier.

The US dollar is trading between 80.55 and 80.26 and is currently trading up at 80.44, the bias is currently sideways.

Real Time Market Numbers

 

 

Leading Stock Quotes powered by Investing.com

 

 

To contact me with questions, comments or constructive criticism is always encouraged and appreciated:

[email protected]

 

Written by Gary

 

live market commentary, market news free, financial news, live stock market news, day trading, econintersect, hft algo computers, us economy, european economy, stock futures, wti oil, brent crude, mr market, spx, dr copper, dow jones, gold, silver

Market Commentary: Large Caps Gap Up At Opening To Set New Historic Highs

Market Commentary: New High Again, Bears Taking A Nap

Market Commentary:

Closing Market Commentary For 06-06-2014

Anther interesting session behind us. The $VIX dropped to the lowest point since 02-26-2007, the SP500 tipped the high mark at 1949.44 and the DOW melted up to 16924.28. What does this mean, I am not sure, but I am not buying long. In fact I increased my cash position as it is just not worth the agration of ‘hoping’ I might another 15%.

By 4 pm the bulls party music was loud an raunchy and the overall situation smelled something like, you know, BS.

<<<<<<<<<<<>>>>>>>>>>

However, the more talk of a correction only pushes the markets higher it seems, but it would be foolish to ignore some thoughts that this might be the aging bull that is starting to get tired.

Correction 2014: Are You Prepared?

Summary

  • The S&P 500 is now up over 180% since troughing in March 2009 and it has been almost 3 years since the market experienced a 10% correction.

  • Historically, market corrections happen approximately every 2 years on average.

  • We think that this rally is getting very long in the tooth and we wouldn’t be surprised if we have a healthy pullback in the coming weeks or months.

  • The cost of protection is cheap and investors should consider hedging their portfolios.

The S&P 500 is now up over 180% since troughing in March 2009 and it has been almost 3 years since the market experienced a 10% correction.

Read More >>

With a correction in mind, what would be the best hedge. The are opinions that cover the many spectrum’s from gold, bonds and large, stable, low beta, dividend-paying US companies. In reality there may not be any.

What is the single best hedge against inflation? There may not be one

Rabo TransAct

What asset class is the hands-down best performer when inflation picks up? It depends on what flavor of inflation you’re dealing with.

Continue Reading »

And for a reality check. I have been lamenting for weeks that the rising of the market is directly disproportional to the falling volume.

A Reality Check …

Today’s chart shows the DJI on a weekly basis with its weekly volume levels since 2006.

Question for today: How low do you think the volume can go with the DJI still going higher?

ChartHere

The short term indicators are leaning towards the hold side at the close. The all important signs of reversal, up or down, have not been observed so we are mostly, at best, neutral and conservatively holding. The important DMA’s, volume and a host of other studies have not turned and that is not enough for me to start shorting. The SP500 MACD has turned up, but remains above zero at 16.97. I would advise caution in taking any position during this volatile transition period although Barchart.com shows a 16 % sell. (was 56% buy this morning) Investing.com members’ sentiments are 66 % bearish.

If you would like to get advanced buy/sell tweets, sign-up in the column to the right of this post by clicking on the ‘Follow‘ button. Write me with suggestions and I promise not to bite.

The DOW at 4:00 is at 16924.28 up 88.17 or 0.52%.

The SP500 is at 1949.44 up 8.98 or 0.46%.

SPY is at 195.41 up 0.93 or 0.48%.

The $RUT is at 1165 up 11 or 0.98%.

NASDAQ is at 4321 up 25 or 0.59%.

NASDAQ 100 is at 3795 up 18 or 0.47%.

$VIX ‘Fear Index’ is at 10.73 down 0.95 or -8.13%. Bullish Movement

(Follow Real Time Market Averages at end of this article)

The longer trend is up, the past months trend is positive, the past 5 sessions have been positive and the current bias is positive and volatile.

How Oil Really Gets Priced

WTI oil is trading between 103.07 (resistance) and 102.32 (support) today. The session bias is sideways and is currently trading up at 102.75.

Brent Crude is trading between 109.30 (resistance) and 108.48 (support) today. The session bias is positive and is currently trading up at 108.77.

Maybe I’m Wrong – Justifying $2,000+ Gold by Jeffrey Dow Jones

Gold fell from 1257.47 earlier to 1246.12 and has since reversed course. It is currently trading down at 1253.20. The current intra-session trend is positive.

Analysts forecast a corrosive year for copper prices

Dr. Copper is at 3.059 falling from 3.092 earlier.

The US dollar is trading between 80.55 and 80.26 and is currently trading up at 80.44, the bias is currently sideways.

Real Time Market Numbers

 

 

Leading Stock Quotes powered by Investing.com

 

 

To contact me with questions, comments or constructive criticism is always encouraged and appreciated:

[email protected]

 

Written by Gary

 

live market commentary, market news free, financial news, live stock market news, day trading, econintersect, hft algo computers, us economy, european economy, stock futures, wti oil, brent crude, mr market, spx, dr copper, dow jones, gold, silver

Market Commentary: Large Caps Gap Up At Opening To Set New Historic Highs

Market Commentary: New High Again, Bears Taking A Nap

Market Commentary:

Closing Market Commentary For 06-06-2014

Anther interesting session behind us. The $VIX dropped to the lowest point since 02-26-2007, the SP500 tipped the high mark at 1949.44 and the DOW melted up to 16924.28. What does this mean, I am not sure, but I am not buying long. In fact I increased my cash position as it is just not worth the agration of ‘hoping’ I might another 15%.

By 4 pm the bulls party music was loud an raunchy and the overall situation smelled something like, you know, BS.

<<<<<<<<<<<>>>>>>>>>>

However, the more talk of a correction only pushes the markets higher it seems, but it would be foolish to ignore some thoughts that this might be the aging bull that is starting to get tired.

Correction 2014: Are You Prepared?

Summary

  • The S&P 500 is now up over 180% since troughing in March 2009 and it has been almost 3 years since the market experienced a 10% correction.

  • Historically, market corrections happen approximately every 2 years on average.

  • We think that this rally is getting very long in the tooth and we wouldn’t be surprised if we have a healthy pullback in the coming weeks or months.

  • The cost of protection is cheap and investors should consider hedging their portfolios.

The S&P 500 is now up over 180% since troughing in March 2009 and it has been almost 3 years since the market experienced a 10% correction.

Read More >>

With a correction in mind, what would be the best hedge. The are opinions that cover the many spectrum’s from gold, bonds and large, stable, low beta, dividend-paying US companies. In reality there may not be any.

What is the single best hedge against inflation? There may not be one

Rabo TransAct

What asset class is the hands-down best performer when inflation picks up? It depends on what flavor of inflation you’re dealing with.

Continue Reading »

And for a reality check. I have been lamenting for weeks that the rising of the market is directly disproportional to the falling volume.

A Reality Check …

Today’s chart shows the DJI on a weekly basis with its weekly volume levels since 2006.

Question for today: How low do you think the volume can go with the DJI still going higher?

The short term indicators are leaning towards the hold side at the close. The all important signs of reversal, up or down, have not been observed so we are mostly, at best, neutral and conservatively holding. The important DMA’s, volume and a host of other studies have not turned and that is not enough for me to start shorting. The SP500 MACD has turned up, but remains above zero at 16.97. I would advise caution in taking any position during this volatile transition period although Barchart.com shows a 16 % sell. (was 56% buy this morning) Investing.com members’ sentiments are 66 % bearish.

If you would like to get advanced buy/sell tweets, sign-up in the column to the right of this post by clicking on the ‘Follow‘ button. Write me with suggestions and I promise not to bite.

The DOW at 4:00 is at 16924.28 up 88.17 or 0.52%.

The SP500 is at 1949.44 up 8.98 or 0.46%.

SPY is at 195.41 up 0.93 or 0.48%.

The $RUT is at 1165 up 11 or 0.98%.

NASDAQ is at 4321 up 25 or 0.59%.

NASDAQ 100 is at 3795 up 18 or 0.47%.

$VIX ‘Fear Index’ is at 10.73 down 0.95 or -8.13%. Bullish Movement

(Follow Real Time Market Averages at end of this article)

The longer trend is up, the past months trend is positive, the past 5 sessions have been positive and the current bias is positive and volatile.

How Oil Really Gets Priced

WTI oil is trading between 103.07 (resistance) and 102.32 (support) today. The session bias is sideways and is currently trading up at 102.75.

Brent Crude is trading between 109.30 (resistance) and 108.48 (support) today. The session bias is positive and is currently trading up at 108.77.

Maybe I’m Wrong – Justifying $2,000+ Gold by Jeffrey Dow Jones

Gold fell from 1257.47 earlier to 1246.12 and has since reversed course. It is currently trading down at 1253.20. The current intra-session trend is positive.

Analysts forecast a corrosive year for copper prices

Dr. Copper is at 3.059 falling from 3.092 earlier.

The US dollar is trading between 80.55 and 80.26 and is currently trading up at 80.44, the bias is currently sideways.

Real Time Market Numbers

 

 

Leading Stock Quotes powered by Investing.com

 

 

To contact me with questions, comments or constructive criticism is always encouraged and appreciated:

[email protected]

 

Written by Gary

 

Previous Post

Impact of Judiciary Quality on the Economic Success of U.S. States.

Next Post

Economic Enervation

Related Posts

What Are BRC-30 Tokens?
Econ Intersect News

What Are BRC-30 Tokens?

by John Wanguba
June 2, 2023
XRP Explosive Boom Results In Record-Breaking Address Activity
Economics

XRP’s Explosive Boom Results In Record-Breaking Address Activity

by John Wanguba
June 1, 2023
What To Consider When Evaluating Low-Code And No-Code Platforms
Business

What To Consider When Evaluating Low-Code And No-Code Platforms

by John Wanguba
June 1, 2023
Crypto Bear Phase Gone, ‘Explosive’ Bull Market Imminent – Veteran Investor
Economics

Crypto Bear Phase Gone, ‘Explosive’ Bull Market Imminent – Veteran Investor

by John Wanguba
June 1, 2023
Only 2 Exchanges Registered In Hong Kong As Crypto Ban Is Removed
Economics

Only 2 Exchanges Registered In Hong Kong As Crypto Ban Is Removed

by John Wanguba
May 31, 2023
Next Post

Economic Enervation

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin adoption Bitcoin market blockchain BTC business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Archives

  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • August 2010
  • August 2009

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized
Global Economic Intersection

After nearly 11 years of 24/7/365 operation, Global Economic Intersection co-founders Steven Hansen and John Lounsbury are retiring. The new owner, a global media company in London, is in the process of completing the set-up of Global Economic Intersection files in their system and publishing platform. The official website ownership transfer took place on 24 August.

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Recent Posts

  • What Are BRC-30 Tokens?
  • XRP’s Explosive Boom Results In Record-Breaking Address Activity
  • What To Consider When Evaluating Low-Code And No-Code Platforms

© Copyright 2021 EconIntersect - Economic news, analysis and opinion.

No Result
View All Result
  • Home
  • Contact Us
  • Bitcoin Robot
    • Bitcoin Profit
    • Bitcoin Code
    • Quantum AI
    • eKrona Cryptocurrency
    • Bitcoin Up
    • Bitcoin Prime
    • Yuan Pay Group
    • Immediate Profit
    • BitIQ
    • Bitcoin Loophole
    • Crypto Boom
    • Bitcoin Era
    • Bitcoin Treasure
    • Bitcoin Lucro
    • Bitcoin System
    • Oil Profit
    • The News Spy
    • British Bitcoin Profit
    • Bitcoin Trader
  • Bitcoin Reddit

© Copyright 2021 EconIntersect - Economic news, analysis and opinion.

en English
ar Arabicbg Bulgarianda Danishnl Dutchen Englishfi Finnishfr Frenchde Germanel Greekit Italianja Japaneselv Latvianno Norwegianpl Polishpt Portuguesero Romanianes Spanishsv Swedish