Evidently, nothing causes this market to sweat. In mid-November, the S&P 500 ((IVV)) had just finished breaking its 200-day moving average on its way to a multi-year low at the 1343 level. Since then, the index has been on a tear, gaining over 16% in a little over 3 months. It finds itself at a critical stage though, battling to [...]
The Standard & Poor’s 500 is a stock market index based on the common stock prices of the biggest 500 publicly traded American companies. The S&P 500 ((IVV)) successfully bounced off the 50-day moving average at the end of 2012 on it way to making new multi-year highs throughout January and February and into March. However, while the index is [...]
Strategic accounts were rebalanced back to their target weights on Tuesday. The result was a purchasing of bonds and commodities and sale of equities and reits. As always please call with any questions or concerns. Click here to sign up for our free weekly e-newsletter. For information on Alhambra Investment Partners' money management services and global portfolio approach to capital preservation, [...]
The S&P 500 Cap-Weighted Index ((IVV)) has had an scorching start to the year, surpassing its all-time highs set in 2007. The index bounced off the 50-day moving average in emphatic fashion, blowing through the 1400 level en route to the 1550 level in a little over two months. The index is up 9.18% for all of 2013. The S&P [...]
The GSCI Commodity Index ((GSG)) consists primarily of Energy (71%), but also contains Agriculture (14%), Industrial Metals (7%), Livestock (4%), and Precious Metals (4%). After breaking out January, the index staggered before finally giving way this past week, due to a strengthening US Dollar. The index broke through both moving averages on its way down, testing support at the 32.25 [...]
In mid-November, the S&P 500 ((IVV)) had just finished breaking its 200-day moving average on its way to a multi-year low at the 1343 level. Since then, the index has been on a tear, gaining over 13% in a little over 3 months. It finds itself at a critical stage though, battling to stay above support at 1500 level following [...]
The Standard & Poor’s 500 is a stock market index based on the common stock prices of the biggest 500 publicly traded American companies. The S&P 500 ((IVV)) successfully bounced off the 50-day moving average at the end of 2012 on it way to making new multi-year highs throughout January and into February. However, while the index is quickly approaching [...]
The S&P 500 Cap-Weighted Index ((IVV)) has had an scotching start to the year. The index bounced off the 50-day moving average in emphatic fashion, blowing through the 1400 level en route to the 1520 in a little over a month. The index is up 6.57% for all of 2013. The S&P 500 Equal-Weighted index ((RSP)) is set up so [...]
What has the street so spooked? The earnings report didn't look too bad, at least on the surface. Sales and earnings both topped estimates. But there may appear to be issues, operating income shrunk from the same quarter last year and net income was up a minuscule .11% . This is despite an Q1/Q1 annualized 18% rise in sales. Did Apple just [...]
Aflac's earnings this week beat consensus estimates by a penny, $1.48 v 1.47, which equates to 2.1% growth . The commentary centered around positive operating execution, small write-offs in the investment portfolio and on-going challenges with global currencies. My sense is that the stock has reacted negatively to CEO comments which reiterated guidance but cautioned that success this year may [...]
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