Posts Tagged ‘S&P 500’

Cowboys riding the S&P and NASDAQ broncos

In Uncategorized on 24/02/2021 at 6:25 am

 Brocos are

bucking horses used in rodeo “roughstock” events, such as bareback bronc riding and saddle bronc riding.

The S&P and NASDAQ sure seem like broncos today.

The S&P 500 gained 0.1%, reversing losses that had pushed it 1.8% lower earlier on Tuesday.

Nasdaq Composite went on an even wilder ride, falling 3.9% in early trading before recovering to end down just 0.5%.

Fyi, the traders today did better than Pecos Bill, the Texan Cowboy who rode a tornado. .

Hard Truth about equity markets

In Financial competency on 02/08/2020 at 10:34 am

Apple, Microsoft, Amazon, Alphabet and Facebook now represent more than a fifth of the S&P 500. More impt S&P 500 would be down 5% without them

Covid-19 and the S&P

In Financial competency on 21/07/2020 at 7:32 am

Those who waited for S&P (and other global equity indices) to dip again after late March collapse can go bang their balls.

But I wouldn’t go on a buying spree to compensate. Buy the dips.

Winners, losers this week

In Commodities, Currencies, Energy, Financial competency, Gold on 08/06/2019 at 4:37 am

Black Friday for equities

In Financial competency on 11/03/2019 at 9:44 am

Juz that no-one noticed it. LOL

The Dow Jones Transportation Average — one of Wall Street’s favourite barometers of economic activity — has fallen for a record 11 consecutive sessions. Many investors, self included, regard its performance as a predictor of growth because it’s made up of of railroad operators, shipping companies and airlines that ship physical goods around the world. On Thursday, it fell for a record-equalling 10th straight session.

And indices including the S&P 500, Nasdaq Composite and FTSE All World all closed below their 200-day moving averages, seen by traders as long-term support levels.

That’s not all: the strength of dollar despite Fed turning chicken on interest rates shows that the other major economies look sick. And strong US dollar is bad for emerging markets.

The gd news is that S&P 5000 fell every day last week for a cumulative drop of about 2.4%  That would rank as its worst weekly performance since December 21, just before the market bottomed.


HoHoHo: Gd news for PAP amid cont’d global equities carnage

In Energy on 19/10/2018 at 7:06 am

In New York, the S&P 500 fell 1.4% to 2,768, while earlier in the day China’s CSI 300 lost 2.4%. Techs look sickly.

But oil’s below US$80 having been at US%86 a week ago. So PAP should be pleased: HoHoHo: Why oil price rises are not gd for PAP

Wall St: Death Cross coming?

In Uncategorized on 05/05/2018 at 4:58 am

On Friday afternoon, the S&P 500 was up 1.5%  at 2,668 but overall it was slightly down on the week. The Dow Jones Industrial Average was up 1.6% All’s well it seems.

But on Thurs in NY the S&P 500 and the DJI were each down 1.3% at 2,602.92 and 23,605.75, for a time (S&P closed o.2% down while DJ flat )respectively. They were trading below their 200-day moving averages for the first time since early April.

Trading was also volatile on Friday, with both indices off initially before reversing.

Look up waz a Death Cross.


Now this is volatility

In Uncategorized on 05/04/2018 at 5:13 am

On Wednesday, the S&P 500 swung from 1.6% fall to 1.2% gain in the course of the day’s trading.

The real aristocrats

In Financial competency, Financial planning on 11/05/2016 at 7:37 am

Beats S&P which in tirn brats hedge funds

Chart: S&P Dividend Aristocrats Index and Total Return index



In Uncategorized on 10/03/2016 at 2:38 pm

From NYT Dealbook: Wednesday is was the seventh anniversary of the start of the current bull market for stocks in the United States, Reuters reports. This bull market has been notable more for its duration than its intensity.

Although it is the third-longest on record, its gains are less impressive. The Standard & Poor’s 500-stock index is up 193 percent – the average bull market climb is 167 percent.

The Dow Jones industrial average has grown 159 percent since bottoming out on March 9, 2009, while the Nasdaq composite is up 266 percent.

Birthday celebrations might be moot, however, as the S.&P. peaked on May 21 and has yet to go above that. Should it fall more than 20 percent below that high of 2,130.82, this would technically become a bear market.

It also looks far from certain that stocks will confirm the bull market – stocks have struggled this year and the S.&P. is off 3.2 percent for the year.

S&P 500 Double top?

In Financial competency, Uncategorized on 21/01/2016 at 5:05 am