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Daily Commentary, Studies - Posted by on December 30, 2010

11 Comments

Is Market Sentiment really Forecasting a Correction ?

Most recently the current investor sentiment got a lot of press around the blogosphere, regularly picking out the rapid increases in bullish sentiment and it’s most probably negative (contrary) implications for the market’s short- and intermed

Daily Commentary, Studies - Posted by on December 28, 2010

2 Comments

7 Consecutive Closes in the Upper Half of the Daily Trading Range

With Monday's (December 27, 2010) session, the SPY (S&P 500 SPDR) closed in the upper half of the daily trading range (above the midpoint) now seven days in a row, regularly (historically) a sign that buying power might be exhausted for the very

Daily Commentary, Studies - Posted by on December 26, 2010

1 Comment

Christmas Eve and the VIX (being up big)

On Friday's session, the fact that the VIX (CBOE Volatility Index) closed up big (+6.60%) ahead of a long weekend although major market indices closed almost unchanged (SPY down -0.14%, S&P 500 down -0.16%, and DJ Ind. up +0.12%) got a lot of att

Daily Commentary, Studies - Posted by on December 23, 2010

5 Comments

Dow Jones Industrial – Year-End and 1st Quarter

Major market indices (S&P 500, Dow Jones Industrial) are currently closing on the highest level for the year almost day-to-day. With respect to historical occurrences and respective probabilities and odds, this will probably have positive implica

Daily Commentary, Studies - Posted by on December 20, 2010

13 Comments

The Third Year of the Presidential Cycle

2011 will be the 3rd year of the so-called Presidential Cycle (made up of four years beginning with the year the president is inaugurated), which usually receives a good amount of publicity especially when it triggers a buy signal for the major marke

Daily Commentary, Studies - Posted by on December 17, 2010

2 Comments

The S&P 500 Between Now and Year-End

With Friday's triple witching, we're entering into the last couple of sessions of the running year, and the S&P 500 is already up +5.26% month-to-date, and up +11.46% year-to-date (on close of Thursday, December 16). An interesting question is

Studies - Posted by on December 14, 2010

4 Comments

SPX: 6 Consecutive Higher Open and Closes

On Tuesday's (December 14, 2010), the S&P 500 opened higher and closed higher 6 days in a row (in addition to the fact that the index posted its 9th higher close during the last 10 sessions, the 10th consecutive session with no intraday low less