When will the selling stop??!! At one time the S & P 500 was at February 2014 levels. The number of annual new lows for both the S & P 500 and NASDAQ is at the greatest number since November 21, 2008 according to Bloomberg....
It was a volatile day as the S & P 500 rose as much as 1.1% and falling 0.8% closing essentially unchanged. Volume was about 30% above the 30 day moving average. The accepted reason for the volatility was the volatility in commodities, specifically oil....
What words can I use to describe Friday? Cathartic? Decimation? Ugly? Frightening? Capitulation?...
Warren Buffet once commented “You should not be in the stock market unless you can watch your stock holding decline by 50% without becoming panic stricken.” Mr. Buffet also commented his average holding period for a stock is “forever.” Ok, in reality it is 19...
It is getting really ugly. Equities opened higher again only to decline. Yesterday the Dow fell about 2.2% while the momentum driven NASDAQ was off over 3.4%. For the year, the Dow is now off about 7.3% and NASDAQ down over 9.6%....
Is the Federal Reserve becoming concerned about margin debt, especially relating to HFTs? Last week I referenced a report stating for the first time in December the Fed questioned its 21 primary dealers whether or not they extend credit to HFTs. Approximately two thirds answered...
What will happen today? China suspended its circuit breaker. Reuters reported China is also considering allowing the yuan to quickly fall as much as 10%-15% at the same time backing tighter capital controls. The decimation in oil is continuing and equity markets are roiled. AND...
In about a month stop loss and GTC limit orders will no longer be considered good orders for the typical investor. The reason—to reduce the odds of “stopping out” during volatile conditions. However this rule change does not apply to high frequency trading (HFT)....
As widely reported, at one time yesterday the market was experiencing its worst first day of trading since 1932. After a late afternoon partial recovery, markets had it worst first day of trading in 15 years, its sixth poorest start of new year trading since...
Welcome to 2016. For most, 2015 is a year all would like to forget. The only strategy that worked was short oil/commodities and go long the dollar and buying the 10 mega capitalized growth issues....