Euro continued to slide after the Italian referendum. EUR/USD opened with a huge bearish gap as exit polls showed the ‘No’ vote in the Italian referrendum heavily in the lead. […]
Santa Claus Rally?
The S&P 500 forward P/E has hopped to 16.9 from 16.4 on Nov. 8 while the P/E for the small-cap S&P 600 took off to 19.9 from 17.4 during a similar […]
The Dollar Soars. Is It Bad for the Asian Currencies?
The dollar index last week broke 100, an important psychological barrier. If the dollar rises another 10%, the outlook for the Asian currencies seems worrisome, especially for the Hong Kong […]
Are Stocks Due for a Correction?
The S&P daily chart does not look good for the bulls because it appears that a short-term correction is forthcoming. The S&P 500 has been stuck between 2,100 and 2,200 […]
In Addition to Dogs of the Dow
The Dogs of the Dow strategy is fairly simple. At he beginning of the year, buy equal numbers of the shares of the 10 companies in the Dow Jones Industrial […]