Posts Tagged ‘John Mauldin’
Artificial Markets
To sum up last week’s market action in a word, markets were absolutely ‘crazy’ last week. The NASDAQ stock market index is down for three consecutive weeks but the late surge in stocks on Friday lifted the Dow and the Standard and Poor’s 500 into positive territory for the week as noted in the data…
Read MoreThe Relationship Between Stocks and Grocery Prices
Stocks declined last week as I anticipated they might. Last week I wrote this: Stocks at this juncture are overbought in my view. The chart below illustrates the Standard and Poor’s 500. It is a weekly chart with Bollinger Bands. Bollinger Bands track price extremes. Notice that stock prices are currently near the top Bollinger…
Read MoreStocks Up, Metals Down and the Inevitable Reset
Stocks finished higher last week while metals and long-term US Treasuries finished significantly lower. The Dow rose by 1.22% as noted in the databox above while gold declined more than three and a half percent. Yields on the 30-Year, US Treasury Bond rose to 2.43% as bonds significantly declined. My opinion is that there could…
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