Despite a 55% rally in stocks since the March low, history shows us that a move higher might be much more difficult. The Dow Jones Industrial Average has experienced just [ … ]
Category: Chart Of The Day
(Just Charts)
IS THE TED SPREAD A SIGN OF INVESTOR COMPLACENCY?
According to analysts at Wells Fargo the TED spread’s rapid decline is showing signs of complacency among investors who are seeking risk. While the bond market continues to foreshadow a [ … ]
CHART OF THE DAY: FORGET GOLD!
Both silver and platinum are cheaper in historical terms:
A CASH FOR CLUNKERS HANGOVER FOR METALS
Are metals prices about to collapse following the end of the cash for clunkers programs? Analysts at Standard Chartered think so: Aluminum prices are “particularly exposed” to a decline because [ … ]
CHART OF THE DAY: DOES THE BALTIC DRY INDEX LEAD EQUITY MARKETS?
Excellent chart here from the Trader’s Narrative blog. Is the Baltic Dry Index foreshadowing the next leg down in the bear market?
CHART OF THE DAY: IS THE FINANCIAL BUBBLE RE-EMERGING?
At the height of the credit bubble financial stocks represented 22% of the S&P 500. After shrinking to just 9% in early March the financial sector has skyrocketed back to [ … ]
IS IT IMPOSSIBLE FOR A MEANINGFUL SELL-OFF TO DEVELOP?
From Bloomberg: Anyone hoping for a “truly meaningful pullback” in stocks that would give them a chance to find bargains is likely to be disappointed, according to Robert Buckland, Citigroup [ … ]
CHART OF THE DAY: COMPARING JOB LOSSES
Excellent chart from Calculated Risk:
JAPAN ALL OVER AGAIN?
From the always informative David Rosenberg: Finally, for all the talk of a V-shaped recovery, outside of a brief 3Q bounce — likely as brief as the spurt in last [ … ]