The S&P 500 Index (IVV) went on a stellar run this past year, gaining just over 32% on its way to new all-time highs. After staggering for much of this new year, the index held support at the 1740 level before approaching the all-time high at the 1850 level. This coming week will be key for where the markets will [...]
It’s a new year, and the markets keep plugging along. After a rapid drop to its short-term trend line, the Standard & Poor’s 500 ((IVV)) has temporarily resumed its climb up. It remains below heavy resistance at the 50-day moving average, and if it were to continue its trek up, it would need to make up a lot of ground this [...]
The S&P 500 Cap-Weighted Index ((IVV)) has finally been showing signs of wearing down this year, breaking through support at the 50-day moving average these past few days, while also coming perilously close to breaking strong support at the 1770 level. Are the market technicals finally catching up to what the economy and the market fundamentals have been telling us? [...]
The GSCI Commodity Index ((GSG)) consists primarily of Energy, but also contains Agriculture, Industrial Metals, Livestock, and Precious Metals. After breaking out to the upside in August, the index quickly reversed course and broke down technically, moving below both its 50-day and 200-day moving averages. Prospects look promising in the near future though, as the index managed to hold support [...]
The S&P 500 Index (IVV) went on a stellar run this past year, gaining just over 32% on its way to new all-time highs. After staggering for much of this new year, the index held support at the 1815 level and now seems likely to zoom to new highs once again this coming week. The S&P 500 is down half [...]
It's a new year, and the markets keep plugging along. After a minor drop to the trend line following the holiday, the Standard & Poor’s 500 ((IVV)) has resumed its climb up, and has continued its tear since blasting through resistance at the 50-day moving average in mid-October. Despite the euphoric state of the markets, there is no reason to sell [...]
The S&P 500 Cap-Weighted Index ((IVV)) has been on a tear this year, breaking through any and all resistance on its way through the 1800 level, despite the fact that the market fundamentals are not as strong as a market at all-time highs would suggest. This past week the index broke out once again, following the Fed's dovish statement and [...]
World Allocation: Initial Position FXI: Large Cap China China has basically gone no where since their post crisis recovery in 2009. Since the beginning of 2010, the S&P500 is up 80% and the top 25 large cap Chinese stocks are flat. The stimulus there left the economy extremely indebted from investment in infrastructure. There are obviously risks that US tapering [...]
The GSCI Commodity Index ((GSG)) consists primarily of Energy, but also contains Agriculture, Industrial Metals, Livestock, and Precious Metals. After breaking out to the upside in August, the index quickly reversed course and broke down technically, moving below both its 50-day and 200-day moving averages. Prospects look promising in the near future though, as the index managed to hold support [...]
The S&P 500 Index (IVV) has been on a stellar run this year, gaining just under 30% in a little over 11 months while also reaching new all-time highs last week. After losing ground for five straight days, the index managed to hold support at the 1780 level, and got back much of those losses on Friday. The S&P 500 [...]
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