Category Archive for "Market Indicators" | John Rothe | Portfolio Manager, Quant, Tech Geek, And Sometime Superhero To My Kids

S&P 500 Breakout – Now What?

The US equity markets are surging this morning on the news of a global intervention by the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve and the Swiss National Bank. The stated goal of the global central banks "is to ease strains in financial markets and thereby mitigate ...

End Of Day Stock Market Update

4:30PM Update: Looks like the S&P500 couldn't close above the 50 day moving average. The markets sold off the final 30 minutes of the day. We'll have to see what happens tomorrow...   Quick update as the market nears closing: The S&P 500 is touching the 50 day moving average (DMA). If the market can close above this ...

50% Retracement

The S&P 500 is near its 50% retracement level, measured from the low to high point of the current market trend. For those not familiar with retracements, here is a brief explanation from Investopedia: The Fibonacci retracement is the potential retracement of a financial asset's original move in price. Fibonacci retracements use horizontal lines to indicate ...

Oil: Another Concern

For the past few months, the markets have been focused on the European crisis. During this time, oil prices have been steadily rising: My concern is that a weak global economy cannot take a spike in oil prices. Europe's borrowing costs have already begun to rise due to investors wanting higher interest rate payments from government ...

US Equities Still Getting Weaker

The S&P 500 is still trading below its 200 day moving average (DMA). This is an indication that the market is still not comfortable with any of the "solutions" to the European crisis. In addition, the MACD and volume are continuing to decrease, telling us that more and more investors are just waiting around to ...

Divergence

The S&P 500 is, once again, rising towards the 200 day moving average in anticipation of a resolution to the Greek/Italy/Euro crisis. However, there is a divergence forming between the rise in equities and the MACD. The MACD is a trend-following momentum indicator that shows the relationship between two moving averages of prices. When a ...

Insane…

The markets are still going up after the EU basically announced nothing concrete, more leveraged debt, and "voluntary" losses. (did nobody pay attention in math class) A few of my thoughts (and concerns): 1) Credit Default Swaps (CDS) basically act like an insurance policy to bond holders in case of default. Last night's plan has Greek bond ...