Diary of a Financier

Posts Tagged ‘NASDAQ ($QQQ)’

Top Newsstuffs (August 17-23)

In Bookshelf on Sun 23 Aug 2015 at 06:31

Top reads from the week that was… Read the rest of this entry »

Top Newsstuffs (February 2-8)

In Bookshelf on Sun 8 Feb 2015 at 05:29

Top reads from the week that was…

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Top Newsstuffs (September 15-21)

In Bookshelf on Sun 21 Sep 2014 at 06:02

Top reads from the week that was…

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Bull v. Bear

In Capital Markets on Wed 16 Jul 2014 at 15:57

I’ve spent considerable time synthesizing all of the information I’ve consumed since my last “Bull v. Bear” entry, and enough has changed for me to render a new, timely, cogent market opinion.  The following signals-through-the-noise attempt to substantiate an objective, data-driven narrative that can guide me through the equity market over the coming days, weeks, months, and quarter…

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Squawk Box (June 2-15)

In Trading Desk on Sat 14 Jun 2014 at 06:40

Here’s my weekly “trade & thought reconciliation”… Read the rest of this entry »

Bull v. Bear

In Capital Markets on Thu 15 May 2014 at 10:51

I’ve spent considerable time synthesizing all of the information I’ve consumed since my last “Bull v. Bear” entry, and enough has changed for me to render a new, timely, cogent market opinion.  The following signals-through-the-noise attempt to substantiate an objective, data-driven narrative that can guide me through the equity market over the coming days, weeks, months, and quarter…

Read the rest of this entry »

Major market top analogue on track, but VIX curve warns of upside risk

In Capital Markets on Thu 27 Dec 2012 at 19:49

Bears need little more ammunition but this comparison I’ve been making between the SPX 2007 top and COMPQ 2012. Today’s QQQ is still aligned with its analogue to SPY 2007. (The SPY precedent has actually progressed into 2008 now.) I wanted to provide an update, because this is where the rubber meets the road: SPY began its preliminary slide at this point in its progression (around January 3, 2008)¹, breaking through neckline support of its Head & Shoulders top.

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Equities & volatility synchronize watches

In Capital Markets on Wed 26 Dec 2012 at 16:45

For a couple of months now, I’ve been covering analogues I’m finding across multiple asset classes, which all suggest a deep correction is due in 1q13. That includes historical precedents governing precious metals (2009), tech (2007), volatility (2011), the US Dollar (1996), and politicians (2008 & 2011). As noted parenthetically, not all originated from the same time period, yet they’re all aligning today, in real time. Earlier today, I mentioned bullish short term stirs within the equity space–a development that should lead SPX to the threshold of correction according to the technicals. Indices had started warning of a top in weekly fractals months ago, then daily fractals followed a few weeks ago, and now intraday charts are currently working toward that end. This is occurring in coordination with volatility–an important confirmation that redoubles my conviction.

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Topheavy: How SPX 2007 Is Haunting the NASDAQ 2012

In Capital Markets on Wed 5 Dec 2012 at 22:58

Not much else needs to be said here.  The S&P 500 (SPX) caught an early right shoulder on December 11, 2007, and although it tried to retrace part of that dark candle in the following week, those levels still have not been recovered–now a full 5 years later. Read the rest of this entry »

Bull v. Bear

In Capital Markets, Economics on Mon 3 Dec 2012 at 20:59

It’s time for another rendition of Bull v. Bear. This isn’t an exhaustive list, but it’s a good appraisal of the major factors at the forefront of my mind. The Bear case is overwhelming; I’m left confident that a bear lay just around the bend, although catalysts for longer-term prospects are percolating…

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