Tag Archives: sp500
Stalking the Bear Part 5: The Final Installment
No need to stalk anymore, the Grizzly is now in plain sight and gorging itself on hapless bulls. I started the ‘Stalking’ series on March 30th with the intention of raising the awareness of readers to the dangers lurking in the financial forest. From the April highs to the recent May low, the S&P500 dropped 14.6%, NASD Comp. 15.6% and the […]
Stalking the Bear – Part 4: Paw Prints are Visible
The fourth installment of this ‘Stalking the Bear’ theme brings us face to face with the devastation created by a simple swipe of a claw. If a reader has heretofore been discounting my words as mere hyperbole than I do hope yesterday’s 3% free fall will act as smelling salts. Below you will find five paw prints, I mean charts, […]
Investment Strategy Turns More Cautious, Existing Home Sales, Record Auctions This Week, Galleon Grief
Stock Market Investing: The Equity markets were down across the board Friday as the week ended. Last week was a week of churning and distribution, two actions I hate to see during a market advance as they often mark the end of a rally. To make matters worse the churning has occurred at key areas of resistance on all three […]