SH @ the bell 5/10/12: What CNBC & Bloomberg seem to be missing
6 trading days and 4% higher ago the S&P500 was right around 1,400 and well within striking distance of its four year high around 1,422. Here is what we said at the time: “As for our bearish indicators, meaning if … Continue reading
SH @ the bell 5/9/12: Summoning our inner Issac Newton
Even though the markets have been falling lately, its important to not get caught up in the noise that often surrounds a quick down move like this. Price, not news, is what determines market movements. Prices tend to fall after … Continue reading
SH @ the bell 5/8/12: The state of momentum
When the market gets off to its best start in more than a decade, like it did to start 2012, one cannot deny the evidence of momentum. In a momentum market, you get momentum stocks. When the market starts to … Continue reading
SH @ the bell 5/7/12: The only expert we care about is black
Back in late February, we challenged a popular notion that high oil prices bodes ill for the market. Our research revealed that in fact just the opposite is true, the market tends to fair much better when oil is on … Continue reading
SH @ the bell 5/4/12: Don’t be fooled, the market isn’t focused on jobs
This past week has been a case study in what is moving the market recently. While the main focus from the financial media has been on the flurry of jobs data, the biggest market reactions in terms of price movement … Continue reading