Peril In The Markets? Part IV

The price action in the S&P500 since the March low at ~666 has struck me as being very “impulsive.”  This is certainly a cause for concern.  Also, there certainly has not been any significant “wall of worry” that one would expect given the fundamentals. The charts seen in this post are from Maurice Walker, http://thechartpatterntrader.com.  First, a … Read more Peril In The Markets? Part IV

What Is The Stock Market “Telling” Us?

With the stock market (as seen in the S&P500) recently near the 1020 level, there is no debating that the rally since the early March lows of 666 has been a very strong one.  Also, there have been very strong rallies in other markets as well (Nasdaq, Emerging Markets, Debt Markets, etc.) Below is the 1-Year Daily … Read more What Is The Stock Market “Telling” Us?

Is The Stock Market Rally a ‘Validation’?

As seen in the Fortune story of June 15 titled “Economy in ‘early stages of repair’”: “The stock market’s rally serves as “broad validation” of the Obama administration’s financial rescue efforts, Treasury Secretary Tim Geithner said Monday.” While ostensibly this is correct, and commonly-held theory states that a stock market rally would precede an economic … Read more Is The Stock Market Rally a ‘Validation’?

“Opportunity of a Lifetime”?

One phrase that I have heard mentioned a few times is that the economic and market declines of 2008-early2009 created a “Opportunity of a Lifetime” to buy stocks, businesses, and other assets. I am not sure what reasoning is used to justify the “Opportunity of a Lifetime” phrase (and no reasoning has been provided).  It would … Read more “Opportunity of a Lifetime”?