EOT Update
eot-position-update-November-26-2014
November 26, 2014 Market Snapshot Happy Thanksgiving… I hope you have a great holiday and enjoy the time with friends and family. The bulls are firmly in control of the market. There’s no reason to believe the end of 2014 will be any different than what we’ve seen over the last few weeks. Everything from […]
eot-position-update-November-19-2014
November 19, 2014 Market Snapshot The S&P 500 is pushing to new highs on the back of strength in the technology, healthcare, and consumer sectors. Investors seem to be extremely bullish about everything but oil these days. In fact, the American Association of Individual Investors Sentiment Survey increased again last week… it’s now at the […]
eot-position-update-November-12-2014
November 12, 2014 Market Snapshot There’s an extreme level of bullishness among investors right now. According to the American Association of Individual Investors Sentiment Survey, bullish sentiment increased 3.3% to 52.7% last week. And at the same time, the number of investors that are bearish fell to just 15.1%. That’s the highest percentage of bulls […]
eot-position-update-November-5-2014
November 5, 2014 Market Snapshot The midterm elections are over. And it looks like Wall Street is happy with the outcome. More importantly, there’s strong seasonality for stocks during the 4th quarter of a midterm election year and the 1st quarter of the following year. According to the Stock Trader’s Almanac, the S&P 500 has […]
eot-position-update-October-29-2014
October 29, 2014 Market Snapshot Well, that’s the end of QE. The Fed’s bond buying program that has helped support the economy over the last six years came to an end this week. The Fed now has a mindboggling $4 trillion worth of assets on its balance sheet. One thing’s for sure, QE has been […]
eot-position-update-October-22-2014
October 22, 2014 Market Snapshot For one reason or another, we almost always see a market correction this time of year. And this year’s September/October pullback was no exception. After reaching a high of 2,019 on September 19th, the S&P 500 plummeted nearly 200 points by October 15th. The 9.8% drop ended one of the […]
eot-position-update-October-15-2014
October 15, 2014 Market Snapshot And that’s how it ends… The S&P 500 had been above the 200-day moving average since November 19, 2012. On Monday, the S&P fell below this key technical support level. Who knew that Ebola can infect a stock market? All kidding aside, we just witnessed the end of one of […]
eot-position-update-October-8-2014
October 8, 2014 Market Snapshot I told you so… Last week I pointed out that there was some weird stuff going on in the market. We had weakness in global economic data, a Fed that was ending QE and signaling that rates would begin to rise rapidly by mid-2015, a US Dollar that was quickly […]
eot-position-update-October-1-2014
October 1, 2014 Market Snapshot The 4th quarter got underway today. And the seasonal weakness we often see this time of year reared its ugly head. Right now we’re looking at US large-cap stocks and the US Dollar as the things showing the most strength. While at the same time, there is weakness in small-cap […]
eot-position-update-September-24-2014
September 24, 2014 Market Snapshot Historically, this week is the worst week of the year for stocks. It’s an unusual phenomenon in the seasonality of stock prices. For one reason or another, the end of September and beginning of October is typically weak and this week is the worst of them all. That being said, […]
