Monthly Archives: July, 2012
State Of Play
Let’s start with the big 3 macro: economic surprises, Euro debt and leading indicators. Economic Surprises for the G10 nations show increasing evidence of having bottomed and entered a new … Continue reading
Charts Of Interest
1. AAII sentiment survey bullish percent 12 week average at level that represented important bottom for US equities historically: Source: Sentimentrader / AAII / TSP Talk 2. Yet Vix is … Continue reading
Technical Equities
This is the technical picture for the Nasdaq, the leading index. In a very tidy channel since the bull market began in 2009, it has made a series of advances … Continue reading
Lunar Phase
A perfect lunar phase turn in the markets last week – up into a peak at Thursday’s new moon and then since downward. The downward pressure of forecast geomagnetism and … Continue reading
Gold
Measured in US dollars, gold is into the nose of a large triangle that should break one way or the other within the next 4 weeks: Priced in Euros, the … Continue reading
Macro Update
Let’s start with Economic Surprises. G10 nations: Source: Bloomberg / Citigroup And Emerging Markets: Source: Bloomberg / Citigroup The message is one of improvement in actual data versus expectations. Next, … Continue reading
Equities v Bonds v Commodities v Dollar
Here is the 30 year treasury long term chart. Price has hit the top of the channel from which previous reversals occurred. Underlying Source: Stockcharts / James Craig Below we see … Continue reading
The Macro Picture
Citigroup Economic Surprises for the G10 nations: Source: Bloomberg Citigroup Economic Surprises for Emerging Markets: Source: Bloomberg The message is one of a potential bottoming in June, but we need … Continue reading
Charts For Thought
Other analysts’ views of the bigger picture: Market Anthropology show this technical analogy with 2007 (below). What happened next? The beginning of the waterfall declines all the way down to March … Continue reading
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