Category: Global Directional Trends
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Point & Figure Charting the NASDAQ Trend
Point and Figure charting is one of the four primary forms of charting used to observe price trends. I started studying Point & Figure charting myself in the late 1990s when I was interested in… Read More
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Has the economy lost momentum?
I pay more attention to macroeconomic trends when we are in a recession. Though my tactical investment decisions are driven by the direction of price trends, momentum, sentiment, and volatility, it’s useful to take a… Read More
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A lot of talk about the NASDAQ being 21% above its 200 day moving average
There’s a lot of talk about the NASDAQ being 21% above its 200 day moving average, so… here’s my 2 cents on the matter. Yes indeed, the NASDAQ is over 21% above its 200 day… Read More
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Global Macro Trends: Eurozone Economic Sentiment, US Home Sales, Texas Manufacturing Business Activity, and Retail Gas Price
Eurozone Economic Sentiment Indicator is reversing back up off its lowest level ever at a current level of 75.70, up 12.15% from last month and -26.43% from one year ago. It’s way below average, but… Read More
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Global Macro: Signs of bullish sentiment across the globe
In some cases, the recovery of economic and market trends are as impressive as the rate in which they fell. The so-called “panic button” indicator, TED Spread, is back down to low levels. The chart… Read More
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Global Macro Trends: Extreme asymmetric observations and changes
Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole. Macroeconomics is the part of economics focused on the big picture: analyzing economic phenomena such… Read More
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Global Macro trends are all over the place
Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole. Macroeconomics is the part of economics focused on the big picture: analyzing economic phenomena such… Read More
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This is what the stock market will focus on next
As much as I wish it wasn’t so, some important trends are in the wrong direction. New COVID – 19 cases here in Florida are trending to a material new high. Contrary to what some… Read More
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So far, 2020 has shown us some fine examples of risk, investor sentiment, divergence, and volatility
Implied volatility, as measured by the CBOE Volatility Index (VIX) has trended up about 50% since the most recent low on June 5th. I’ll call it a moderate volatility expansion. Normally a volatility expansion from… Read More
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Should we care the S&P 500 closed above its 200-day simple moving average?
As the U.S. unemployment rate in April 2020 was 14.7%, the highest since the Great Depression, the U.S. stock market is trending up. And May’s unemployment number may be higher when it’s announced on June… Read More