The Elusive Bottom
Conference Call Notes
14 August 2008
David A. Rosenberg
We aren’t past the halfway point of this recession
My sense is that we probably aren’t even past the halfway point yet of this recession, the credit losses or the house price deflation. Looking at whether equities may have bottomed or not on an intermediate basis, maybe the recent action […]
David Dreman:Bear Market Opportunities
These aren’t happy times, but they’re historic ones. The Dow Jones industrial average suffered its worst June since the Great Depression. In July it crossed the threshold into a bear market, dropping 22% from its October 2007 high.
The liquidity crisis continues to unfold, proving far worse than even the most pessimistic Wall Streeters expected. Several […]
S&P 500: Down or up?
I was going to host another game of DOTA when i saw something on my thinkOrSwim Prophet. I chided myself for not noticing it but tonight, the S&P 500 is on the weekly 200 day moving average.
Melvin told me there were important news coming up. The FED will decide whether to hike or leave rate […]
S&P 500: Moving towards the resistance
I posted alot on the S&P 500 weeks ago regarding the likely direction of the market. Right now, volume may be high but strength seems to be lacking.
On the weekly charts, RSI seems to be weakening, although MACD still looks good. Right now lets see if it can break the 1400 resistance. I have a […]
S&P 500: Inflexion Point
Its difficult to analyse from a technical perspective which direction the market will go. Someone taught me that its best to be a master of a few technical indicators better than use so many that just cloud your senses.
Dual Moving Averages if setup correctly for long term smooths out the volatility such that you have […]
S&P 500: Trying to break trend
The last 3 days have saw big up moves in the US market. While most expect the general direction to be down, I am quietly believing that a short term directionless market is the most likely result.
From the chart, S&P 500 will attempt to break out o fits funk next week. Interestingly, RSI and MACD […]
S&P 500 : Short Term bottom?
folks that browse here would probably came across this article a few days ago where i am bearish on things. todays price action seems to be going far against that trend. so was i wrong?
not quite. I have a feeling announcement dates of things are timed to TA perfection. not sure why but hmm…
anywayz, 1275 […]
S&P 500 Long Term Trends
After 3 consecutive days of writing earnings results, its time to take a good break. Fridays relatively large fall in the US market interests us to take a look at the trend.
I usually favor S&P 500 more than the Dow Jones Industrial Average (DJI) simply because the index provides a broader look at some of […]
Richard Russell speaks of the market
Drizzt:
Perhaps all that i have been reading are negative economist and bearish bloggers. Yet this post by Richard Russell is anything but bullish. However, I would not term it as bearish. You have to respect the man that managed to call one major top and one major bottom.
Why do i respect him? You ought to […]
HUI and S&P 500
First off, Happy New Year to all. Hope that everyone will have a good investing year this year. Best of health to your family and you as well.
Gold and Oil pushed high overnight in US trading. Out of all the commodity plays, I like gold and natural gas better as the technical picture does not […]
