The S&P 500 got off to weak start and, after retracing a modest morning rally, spent most of the day in the shallow red with an intraday low of 0.63%. But in the last seven minutes of trading, the...
Europe tanked today, with all most of the major indexes losing two to three percent. The US markets followed suit, with the S&P 500 hitting its intraday low, off 1.53%, during the lunch hour. But ...
The carryover from yesterday's rally in the S&P 500 dove for cover in the final hour of trading on news that Greece's former prime minister mentioned contingency planning for a Greek exit from the...
As discussed a few days back, the Investment Grade (IG) CDX has underperformed High Yield (HY) CDX since the announcement of JPMorgan's recent loss. On a relative basis, investment grade CDX widened ...
Futures have rallied energetically after bottoming at exactly 1287.25, the Hidden Pivot correction target flagged here Sunday night. Now, shortly before midnight, they’ve stalled enroute to a ...
In this past weekend's missive we stated that: "There is very little doubt that the confirming sell signal will occur by the end of this week, or, early next week at the latest. Enough deterioration ...
The S&P 500's six-day losing streak, the longest string of declines in 2012, is now over. The index closed the day with a gain 1.60%, which was close to the intraday high. We're now back above the...
Most market observers are expecting the S&P to bounce this week from its recent routing and mainly due to its oversold conditions. It seems to me, though, that such expectations may go unmet in ...
S&P is now in dangerous territory. Moving much lower than 1300 will give rise to concerns as to whether the move from 1422 is corrective or a new impulsive move. Bearish stops look confident all ...
Facebook mania notwithstanding, the S&P 500 posted its sixth consecutive decline, the longest losing streak of 2012, to close the day below 1,300 -- a loss of 0.74% for the day and 4.30% for the ...