SPX Chart 6.3.16

Best/Worst Performers: Week’s Best Performer: Shanghai Composite Index +4.2% Week’s Worst Performer: CAC 40 Index (2.1%) Hey, No Pressure :) Broader Market Commentary: Since Q4 of 2014, the S&P 500 has been trading in a clearly defined sideways channel with two tiers (an upper record-territory tier, and a lower consolidation/risk-off tier). The higher tier is a […]

S&P 500_5.06.2016

Best/Worst Performers: Week’s Best Performer: 10 Year Treasury Bond (Yield falling -3.8%) Week’s Worst Performer: Nikkei 225 Index (3.4%) Broader Market Commentary: Since Q4 of 2014, the S&P 500 has been trading in a clearly defined sideways channel with two tiers (an upper record-territory tier, and a lower consolidation/risk-off tier). The higher tier is a […]

SPX Chart 3.24.16

Best/Worst Performers: Week’s Best Performer: Nikkei 225 Index +1.7% Week’s Worst Performer: Crude Oil (4.1%) Broader Market Commentary: The S&P 500 broke its weekly winning streak, falling (0.7%) during the holiday shortened week. The benchmark index is finding some technical resistance around the 2,050 threshold, as it continues to create several different challenging technical headwinds. […]

S&P 500_03.11.16

Best/Worst Performers: Week’s Best Performer: WTI Crude Oil +9.7% Week’s Worst Performer: Shanghai Composite (2.2%) Broader Market Commentary: The overall broader market continues to churn higher, and is now breaching that pivotal 2,000 threshold on the S&P 500, which would catapult the S&P 500 into its higher 100-point trading range (2,000-2,100). While euphoria seemingly has […]

SPX Chart 3.4.16

Week’s Best Performer: WTI Crude Oil +9.6% Week’s Worst Performer: FTSE 100 Index +1.7% Gold is continuing to outperform Lumber on a rolling 13-week relative performance basis, however, Lumber jumped +9% this week making for a pivotal offense/defense performance matchup week coming up. The S&P 500 has had a tremendous run off its recent lows, […]

S&P 500_2.26.2016

  Week’s BEST Performer:  WTI Crude Oil +6.3& Week’s WORST Performer: Gold -0.4% Gold is continuing to outperform Lumber in the rolling 13-week relative performance. Despite the weekly gains and some bullish sentiment returning to the markets, the S&P 500 is currently in its lower-tier (200-point trading range) between 1,800-2,000, and is forming a very […]

wang_yi_ZYLZ

An Important Meeting This Week An important meeting will be held at the end of this week in Shanghai. It is the G-20 finance ministers meeting in preparation for the formal G-20 gathering of the world’s leaders next month. The main topic of discussion is expected to be the state of the world’s currencies and […]

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