Category Archives: 2. Strategy
RUSSELL2000 dips below 200dma
For the first time in over a year, the RUSSELL 2000 (Small Cap Index) broke below its 200 day-moving-average. The insolvency of Evergrande (China’s second largest real estate developer) is being blamed for the calamity, but I don’t think there will be a contagion. China’s problems are much larger than Evergrande, and I believe theContinue reading “RUSSELL2000 dips below 200dma”
FED policy shift PANIC…buying opportunity?
Hopefully you’re enjoying the start of the summer and not paying attention to the latest Media drama that’s spinning a false narrative about a hawkish shift in the Federal Reserve’s interest rate policy. This week’s scheduled FED FOMC meeting was touted as a lynchpin event for managing inflationary pressures. Legendary commodity trader Paul Tudor JonesContinue reading “FED policy shift PANIC…buying opportunity?”
Buying the non-Volatility
The Market’s been choppy…but not volatile. Although there’s been recent selling pressure, volatility as measured by the VIX has been in decline. In fact, despite the current selloff, the VIX is at its lowest level since pre-COVID February 2020. That’s an extremely positive market indicator. This drawdown is also characteristic of a 2021 pattern: end-of-monthContinue reading “Buying the non-Volatility”
February Tech Unwind- buying the dip
The Tech Unwind and the Rotation out of Stay-at-Home stocks accelerated this week with the NASDAQ declining 4% and dropping below its 50dma; while the S&P 500 absorbed some of the buyers, thus faring better, down only 2.5% and holding at its 50dma. Because of the underlying economic data, and recent stock market price action,Continue reading “February Tech Unwind- buying the dip”