The Standard & Poor’s 500 ((IVV)) had been on a tear since blasting through resistance at the 50-day moving average in mid-October, hitting a new all-time high above the 1810 level in the process. If the market wishes to continue its run to new highs, it must stay above the 1790 level, as this level offers strong support. The index is [...]
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, forcing its way through the upper [...]
In today's environment, our focus is on finding good companies and unique investing opportunities. We added one such company to the portfolio this week. The company has enviable revenue growth, strong operating margins, great returns on capital, growing cash flows and a P/E 20% below the broader market. The company also happens to have a large short interest. It is [...]
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. It managed to hold support at the 30.80 level, but prospects look bleak. GSG is [...]
The S&P 500 Index (IVV) has been on a stellar run this year, gaining just over 25% in a little under 11 months while also reaching new all-time highs last week. But the index is treading water of late. It has staggered since hitting all-time highs, unable to gain upward moving momentum before finally giving way this past Thursday. But [...]
The Standard & Poor’s 500 ((IVV)) had been on a tear since blasting through resistance at the 50-day moving average in mid-October, hitting a new all-time high at the 1775 level in the process. If the market wishes to continue its run to new highs, it must stay clear of the 1740 level, as this level offers strong support. The index [...]
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 1700 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, forcing its way through the upper [...]
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 January, the index quickly reversed course and broke down technically, moving below both its 50-day and 200-day moving averages. But since April it has built a solid base, and in early July the index [...]
The S&P 500 Index (IVV) has been on a stellar run this year, gaining just over 20% in a little over 10 months while also reaching new all-time highs in mid-September. After a close to 5% drop in last month’s market action, the market reversed course this past week, gaining close to 50 points in two trading days. After holding [...]
From our friends at InsiderMonkey: Opinions of George Soros vary depending on whom you ask, but there’s no arguing against the Hungarian-American hedge fund manager’s investing pedigree. Earlier this month, Soros shared his thoughts on the Eurozone crisis at the Global Economic Symposium, and most of the usual headlines that surround the billionaire are focused on his macroeconomic views. That’s [...]
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