S&P500 Vs. Consumer Confidence

The following commentary and chart is excerpted from the October 14, 2010 ContraryInvestor.com commentary.  I find it interesting in a variety of different ways, and it raises a lot of questions with regard to the stock market, consumer confidence, QE1, and QE2… _____ “We have not touched on consumer confidence for a good while, but … Read moreS&P500 Vs. Consumer Confidence

Updates On Economic Indicators October 2010

Here is an update on various indicators that are supposed to predict and/or depict economic activity.  These indicators have been discussed in previous blog posts: The October Chicago Fed National Activity Index (CFNAI)(pdf) updated as of October 25, 2010: – The Consumer Metrics Institute Contraction Watch: – The USA TODAY/IHS Global Insight Economic Outlook Index: … Read moreUpdates On Economic Indicators October 2010

Market Overview – Part V: Stock Market

(this is the fifth in a series of five posts concerning the markets) Lastly, a couple of charts showing the S&P500… First, one that shows the S&P500 on a weekly basis, LOG scale, since 2007.  I continue to find this chart interesting for a variety of reasons.  It shows that resistance has become support, as … Read moreMarket Overview – Part V: Stock Market

Market Overview – Part IV: Stock Market

(this is the fourth in a series of five posts concerning the markets) Starting with my June 2 post I wrote of my expectation for a near-term stock market advance despite what I viewed as highly problematical future conditions.  I continue to maintain this view, albeit with the dangers discussed in the post of October … Read moreMarket Overview – Part IV: Stock Market

Market Overview – Part III: Bond Market & Interest Rates

(this is the third in a series of five posts concerning the markets) The bond market is believed by many to be an asset bubble.  I agree with this assessment, and have written a few posts on the subject.  I discussed when it may “burst” and other considerations in an October 4 post. The chart … Read moreMarket Overview – Part III: Bond Market & Interest Rates

Market Overview – Part II: U.S. Dollar, Japanese Yen & Gold

(this is the second in a series of five posts concerning the markets) I would like to start by featuring a couple of long-term charts of the U.S. Dollar. U.S. Dollar weakness is a foremost concern of mine.  As such, I have extensively written about it.  I am very concerned that the actions being taken … Read moreMarket Overview – Part II: U.S. Dollar, Japanese Yen & Gold

Market Overview – Part 1

This series of blog posts (5 posts) represents a periodic Technical Analysis of the markets.  In this series I will discuss currencies (US Dollar and Japanese Yen); Gold; The Bond Market & Interest Rates; and the Stock Market. I feel that this is an important juncture in investing for many reasons.  Many markets have experienced strong gains … Read moreMarket Overview – Part 1

What’s Ahead For The Housing Market – A Look At The Charts

There has been much written as to the future of residential real estate prices.  The consensus appears to be for very slight appreciation for years.  This consensus is echoed in the MacroMarkets September 2010 Home Price Expectations Survey Press Release (pdf).  Here is a chart from that survey that shows the past history (green line) … Read moreWhat’s Ahead For The Housing Market – A Look At The Charts

4 Confidence Charts – October 2010

Here are four charts reflecting confidence survey readings.  These are from the SentimenTrader.com site. I find these charts valuable as they provide a long-term history of each survey, which is rare. Each survey chart is plotted in blue, below the S&P500: (click on each chart to enlarge image) Conference Board Consumer Confidence, last updated 9-28-10: … Read more4 Confidence Charts – October 2010

Conference Board CEO Confidence

On October 1, I wrote a post about the Business Roundtable’s CEO Economic Outlook Survey and the Duke/CFO Magazine Global Business Outlook Survey. Subsequent to that post, the Conference Board released its 3rd Quarter CEO Confidence Survey.   The overall measure of CEO Confidence was at 50, down from 62 in the second quarter. There are … Read moreConference Board CEO Confidence