Friday, February 27, 2015
Wednesday, February 25, 2015
Monday, February 23, 2015
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, February 20, the S&P 500 closed @ 2110, and that was...
+6.8% ABOVE its 12-Month moving average which stood @ 1976.
+5.6% ABOVE its 40-Week moving average which stood @ 1999.
+2.5% ABOVE its 10-Week moving average which stood @ 2059.
Therefore, the INTERMEDIATE-Term trend is BULLISH
and the LONG-Term trend is UP.
Friday, February 20, 2015
90% of The Industrialized World is Anchored by 0% Interest Rates!
Central banks around the world dropped rates to ultra low levels during the financial crisis in their efforts to stimulate growth.
For Gluskin Sheff's David Rosenberg, this persistent low rate policy sends an ambiguous message.
When Business Insider asked Rosenberg for his "most important chart in the world," he sent us this jarring image.
"I don't know whether to feel good or uneasy about the fact that 90% of the industrialized world economy is now anchored by near-zero or negative short-term rates," Rosenberg said. "At one level, this should be supportive of risk assets; at another level, it is a symbol of how fixed-income investors and central banks see the world ― deflation at a time of ultra-low rates is certainly not a confidence builder."
Read more:
Wednesday, February 18, 2015
Bull Market Reaches the 71-Month Threshold, Closing in on 6-Year Anniversary...
The S&P 500 has been in a bull market since bottoming on 03/09/09, more than 71 months ago.
The index has gained +252% (total return) from the 03/09/09 low point (through Friday 02/13/15) but gained +55% in just the first 6 months of the bull market, from 03/09/09 to 09/09/09.
Monday, February 16, 2015
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, February 13, the S&P 500 closed @ 2097, and that was...
+6.2% ABOVE its 12-Month moving average which stood @ 1974.
+5.2% ABOVE its 40-Week moving average which stood @ 1993.
+2.4% ABOVE its 10-Week moving average which stood @ 2048.
Therefore, the INTERMEDIATE-Term trend is NEUTRAL
and the LONG-Term trend is UP.
Friday, February 13, 2015
Wednesday, February 11, 2015
Monday, February 9, 2015
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, February 6, the S&P 500 closed @ 2055, and that was...
+4.5% ABOVE its 12-Month moving average which stood @ 1967.
+3.4% ABOVE its 40-Week moving average which stood @ 1987.
+0.5% ABOVE its 10-Week moving average which stood @ 2046.
Therefore, the INTERMEDIATE-Term trend is NEUTRAL
and the LONG-Term trend is UP.
Friday, February 6, 2015
Wednesday, February 4, 2015
Monday, February 2, 2015
Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis
On Friday, January 30, the S&P 500 closed @ 1995, and that was...
+2.3% ABOVE its 12-Month moving average which stood @ 1951.
+0.6% ABOVE its 40-Week moving average which stood @ 1983.
-2.5% BELOW its 10-Week moving average which stood @ 2047.
Therefore, the INTERMEDIATE-Term trend is Moderately Bearish
and the LONG-Term trend is UP.
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