The Fat Pitch
Sunday, April 28, 2013
Weekly Market Summary
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SPX has now alternated direction (up/down) every week since March 11. March 11 was also the week SPX entered the 2000-07 expected resistance...
Thursday, April 25, 2013
Placing The Current Rally In Perspective
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Let's place the current rally in perspective to determine whether it is unusual or extreme. Key points: SPX is likely to close highe...
Saturday, April 20, 2013
Weekly Market Summary
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In early March, SPX entered the 2000-07 resistance zone . Last week, after 6 choppy weeks of trying to move higher, it finally reached the t...
Friday, April 19, 2013
The Pattern That Is Developing
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One of the oldest axioms on Wall Street is that the market redistributes wealth from the many to the few. It will, in other words, fool the ...
Thursday, April 18, 2013
Time to Pay Attention to Macro Again
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The Citi Economic Surprise Index (CESI) for the US crossed below zero this week. This is the second time this year it has done so. CESI is i...
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