What are the VIX, the Nasdaq and Bonds trying to tell us?
The Economist magazine is famous for publishing magazine covers that prove to be great contrary indicators. If the latest Economist cover is anything to go by, we should expect Wall Street and Main Street to re-couple soon. What we don’t know (yet!) is whether the economy will catch up with the stock market, or whether […]
Amid huge volatility, records have been broken in the stock market over the past couple of weeks. Is this a buying opportunity or is there more pain ahead?
“Is the selling over?” This is a question nobody can answer with any certainty. But in financial markets we are only ever dealing with probabilities, never certainties. And from my viewpoint, the probabilities strongly favour at least a short-term bounce from here.
Key stock market indices the S&P 500 and NASDAQ breached important levels last week. After a mini shakeout in the short term, I think it is likely markets “melt-up” for the next few months before this bull cycle is done.
The broad stock market indices have given no indication of the violent struggle between growth verses value. Here I discuss this sector rotation, whether it is likely to continue and the outlook for stocks generally.
Trading a bear market isn’t just simply doing the opposite of what you would do in a bull market because the personality of the market is so different.
We had another pretty crazy session on Wall St on Tuesday. I know there’s a lot of fear and uncertainty out there so I wanted to provide you with a quick market update on how I’m seeing things.