A Bit of a Reversal in Futures
Last night’s futures market was strong:
Not so much now…
* S&P futures +7
* Nasdaq futures -41
Position: Short SPY (S), QQQ (S)
Value Investors Are (Justifiably) Upset and Ben Graham Is Rolling Over in His Grave
In a market dominated by algos and machines (who know everything about price but nothing about value) — buyers live higher and sellers live lower.
Case in point financials/banks:
Position: None
Timing a Bull Market (Over the Long Term)
Position: None
Feeling Like Deja Vu All Over Again
Position: None
A Surprising Index Is Beating the S&P 500
Has breadth begun to take a turn for the better? Here’s what the indicators are showing me.
Oscillator Slips From -5 Area
The S&P Short Range Oscillator has recently slipped from the -5 area. It is now -1.96% vs. -2.17% (in the prior day).
Friday’s shorts:
Dougie Kass
With S and P cash +53 handles, I am selling another tranche of Indices:
* SPY $779.22
* QQQ $752.61
Position: Short SPY (VS), QQQ (VS)
A Glimmer of Light for the Rank and File Stocks
As I got back into it following my return from vacation, I began to notice that the statistics are showing improvement for the “others.” Could they be about to make a turn for the better?
The Week Ahead: Buckle Up
We finally got our broadening in equities as yields softened but a packed calendar including CPI, bank earnings and Warsh will put it to the test
Projecting Big Growth For This $13 Billion Biotech Name
Here is how to initiate a holding in the name with a covered call order.
These 3 Stocks Are Breaking Down. Here’s How Low They Could Go
Flashing bearish technical signals right now, here’s how we’d play these names.