Apr 15th, 2010 |
By Rob
U.S. equities have vigorously rallied for the past six weeks to gain +20%, bringing the S&P 500 just above 1200, as Q1 2010 earnings hit the tape. In short, the charts are begging for a pullback, but earnings and economic indicators are giving no reason to sell. Most analysts agree that the good news is mostly baked in stocks, but sellers have left the building and buyers keep coming out of the woodwork.
Here we’ll focus on a few indicators related to the S&P 500, and tell investors why they should be taking profits at these levels.
Posted in DS Feature, Market Synopsis, U.S. |
1 Comment »
Tags: AA, BAC, bollinger bands, bonds, correction, equities, GE, GOOG, INTC, Jamie Diamon, john bollinger, jpm, overbought, q1 2010, Retail Sales, RSI, S&P 500, Simple Moving Average, SMA, SPX, SPY, technicals, U.S. equities, UPS
Jan 20th, 2010 |
By Rob
Supporting our highest conviction trade yet, we now see fundamentals, sentiment, and technicals aligned for a significant correction in Crude Oil prices. While DS partners already hold a position in DTO, we are moving to formally call a short term WTI Crude Continuous Spot price target at $70. Below we explain in detail our thesis
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Posted in Commodities, Energy, Industry Analysis, Market Synopsis, Trade Strategy, U.S. |
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Tags: $70 oil in 2010, 2010 oil forecast, bearish trend, bearish wedge, brent, commodity, crack spread, crude oil, crude strategy, crude supply, distillates, DTO, gas prices, gasoline, global crude oil demand, global crude oil supply, inventory, MACD bearish cross, market, market price, oil, Oil Price, oil strategy, profit, RSI, short crude, short oil, stochastic cross, Trade Strategy, USO, west texas intermediate, world demand, world supply, WTI
