Archive for December, 2011

  • Update: TED Spread on Watch for Breakout
    Posted by on December 29th, 2011 at 12:58 pm, Comments: 0

    While the market has rallied off the lows, the TED spread continues to march higher.  I was monitoring this indicator of bank health and counter [...]

  • A Lululemon Christmas
    Posted by on December 27th, 2011 at 12:58 pm, Comments: 0

    Quick observation from the anecdotal data section of the Christmas tree.  While doing the rounds and visiting with relatives on Christmas morning one trend stood [...]

  • Merry Christmas
    Posted by on December 24th, 2011 at 12:30 pm, Comments: 0

    Wishing you the best for the holidays.  I hope  you get to spend some time with friends and family (and over indulge on food and [...]

  • Fractals — Time
    Posted by on December 18th, 2011 at 8:37 pm, Comments: 0

    I believe in the cyclical nature of markets and mean reversion.  Markets always mean revert over time.  The question is what time frame? I’ll never [...]

  • Marketview: Stuck In The Middle — MRK, PFE, GS, BAC
    Posted by on December 17th, 2011 at 4:53 pm, Comments: 0

    There’s a sense that the market is standing at a crossroads.  On the one hand the market could decide to turn a blind eye to [...]

  • Momentum Is Dead
    Posted by on December 15th, 2011 at 12:38 am, Comments: 0

    One day the world looks like it can breathe a sigh of relief and next day, like a bad horror movie, the macro monster emerges [...]

  • Historical Precedent: OPEX Weak Start, ES_F, SPY
    Posted by on December 13th, 2011 at 9:58 am, Comments: 0

    Here are some select examples of option expiration weeks with a slow/weak start on Monday.  Note: these weeks have not been screened for FOMC announcements. [...]

  • Bullish Close
    Posted by on December 12th, 2011 at 10:31 pm, Comments: 0

    The market ended the day with a very bullish tone.  Our pattern recognition algo flagged today as a no brainer sell the open buy the [...]

  • Marketview: Participant Blind Spots, MS, GE, IBM, HAL, NSC, UNP
    Posted by on December 10th, 2011 at 7:48 pm, Comments: 0

    Okay, so we got our “mini-bazooka” in the form of an intergovernmental treaty and the 500 billion-euro rescue package.  Markets have stabilized accordingly.  It feels [...]

  • Fractals — Identification
    Posted by on December 8th, 2011 at 6:27 pm, Comments: 0

    You’d be hard pressed to find a trader that didn’t have at least a vague awareness of fractals.  After all, every high and low created [...]