The Fat Pitch
Saturday, May 25, 2013
Weekly Market Summary
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"The persistency of the uptrend over the past few months has gone from impressive to remarkable to historical. In the process, it has d...
Saturday, May 18, 2013
Weekly Market Summary
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"The S&P has been up 56 of the 88 trading sessions so far. That rate of success is not only extremely rare, it is, borderline, unpr...
Friday, May 17, 2013
Fund Managers' Current Asset Allocation - May
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Every month, we review the latest BAML survey of global fund managers. Among the various ways of measuring investor sentiment, this is one o...
Wednesday, May 8, 2013
The Annual Mid-Year Counter-Cycle Is Strongly Odds-On
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This is an impressive rally. Not only has SPX been up six months in a row but it has risen 21% from the November low and 14% YTD. In compari...
Sunday, May 5, 2013
Weekly Market Summary
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SPX entered the 2000-07 resistance zone the week of March 11. In the 8 weeks since, it has traded an equal distance (2%) above and below th...
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