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Major market indices closed at multi-month highs on January 25, 2012 (FOMC announcement session), followed by a (small) pullback on the then following (yesterday's) session.
Looking at historical precedences when the SPY‘s (S&P 500 SPDR) had c
Compliant to historical probabilities and odds, major market indices advanced (again) in response to the FED's decision to leave rates unchanged for the foreseeable future.
S&P 500 and the SPY‘s (S&P 500 SPDR) closed at a 5-month high (and
Today marked the 17th consecutive session where the SPY‘s (S&P 500 SPDR) hasn't lost more than -0.52% on a close to close basis (besides the fact that this is the 2nd lower close only during the last 11 sessions).
Historically, comparable stre
Besides the fact that even betting on a one-day decline (leave alone calling a top) has been a receipt for disaster during 2012 (so far), complacency has set in (again) among retail investors.
On Friday, January 20, the VXO (CBOE S&P 100® Volat
The S&P 500 is up 4.52% year-to-date on Thursday, January 19, 2012, and provided that major market indices will not fall into a bottomless abyss on tomorrow's option expiration, the S&P 500 will be up +2.0% year-to-date on close of the fina
Up to now major market indices defy all (seasonal) odds (hitting a fresh multi-month high on Wednesday, January 18), with SPY‘s (S&P 500 SPDR) closing out the week including the Martin Luther King, Jr. Day exchange holiday with a loss in 10 ou
Next week will be the week including Martin Luther King, Jr. Day, a United States federal holiday and an exchange holiday since 1998 (observed on the third Monday of January).
From a seasonal perspective, the week including Martin Luther King, Jr. D