The GSCI Commodity Index ((GSG)) consists primarily of Energy (71%), but also contains Agriculture (14%), Industrial Metals (7%), Livestock (4%), and Precious Metals (4%). The index currently sits atop support, but its shaky at best. GSG is up 2.49% for all of 2012. The Dow Jones-AIG Energy Total Return Index ((JJE)) consists of Natural Gas, Crude Oil, Heating Oil, and [...]
With Joe in South Carolina playing God’s game, I am reminded of the picturesque backdrop behind the 18th green of Harbour Town Golf Links. There stands a gleaming red and white light house, a historic structure designed to guide maritime travelers. For the past year, investors brave enough to venture for open water have been rewarded, the S&P is up [...]
The S&P 500 ((IVV)) has had a nice run since its June lows despite little fanfare, but it's likely coming to an end. The index finds itself at a critical stage, having broken the 1430 support level and forming what seems to be a short-term double-top. It currently sits atop the 50-day moving average, but that looks precarious at best. [...]
Form Friend of Alhambra Brian Cronin: Greece is set to run out of money by the end of November if it doesn’t get the funds it needs to carry on. The representatives from the European Commission, the European Central Bank and the International Monetary Fund, collectively known as the troika bankers, have been trying to get the Greek government 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 index is close to its 2012 highs but the rally seems to be stalling out. It hit resistance at 1470 and proceeded to sell off this past Friday, so look for a continuation of the [...]
Apple was rebalanced to target weight after dropping below technical support. 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, Douglas R. Terry, CFA is reachable at: dterry@4kb.d43.myftpupload.com
The S&P 500 Cap-Weighted Index has performed markedly through three quarters, despite a recession-esque economic environment. The index stands close to 52-week highs and currently sits atop support at the 1430 level. It sits above both moving averages with both trending higher. While the mood is somber, the charts look good, but proceed with caution. The index is up 16.33% [...]
The Fed has indicated the willingness to buy securities from savers and investors until we get job growth. But what does this really mean? Can the Fed induce hiring from further quantitative easing? Bernanke to investors of capital: “take risks today, lend money to entrepreneurs so they can hire. Act now, because we are buying bonds and you should expect [...]
We are often very vocal about our concerns regarding the poor policies in this country. Here is a tidy little opinion piece from the Fellows at Stanford University's Hoover Institution. It is a good summary of the existing headwinds coming out of our political class. WSJ.com - Opinion: The Magnitude of the Mess We're In And for a little laugh [...]
When times get tough, there is a tendency to get territorial and nationalistic. This finger pointing and these attempts to stir up emotion in one's constituency are mostly detrimental to everyone. More politics in the form of economic warfare is a trend we don't want to see emerge. WSJ.com - Opinion: Importing Jobs From China WSJ.com - White House Files [...]
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