Global Mail Archive
3-12-24: Measuring the Bull Market by the Numbers
by Ivan Martchev March 12, 2024 Most investors know what Dow numbers mean, but they don't stop to ask themselves what 100 S&P 500 points are worth, which in many cases can [...]
3-5-24: Small Caps are Due to Move Violently to the Upside
by Ivan Martchev March 5, 2024 Why do I say “violently”? Because this is how the Russell 2000 Index moves. The small cap index dances to its own drummer. It can be [...]
2-27-24: The Broad Market is Not Extended at All
by Ivan Martchev February 27, 2024 We have gone back into the pattern of seeing corrections last only one or two days, as sharp as they may be, with investors rotating into [...]
2-21-24: Geopolitics May Start to Move the Markets Again
by Ivan Martchev February 21, 2024 With the Israel-Hamas situation somewhat loosely contained to the Gaza Strip for now, notwithstanding Houthi drones and attacks on U.S. military bases in the region, along [...]
2-13-24: The Tape is Getting a Little Stretched
by Ivan Martchev February 13, 2024 This title begs some explanation of why the stock market is still sometimes referred to as “the tape.” The reference is to the ticker tape, so [...]
2-6-24: Bonds Are Once Again More Volatile Than Stocks
by Ivan Martchev February 6, 2024 It is normal to see huge swings in bonds and stocks on a day when the Fed Chairman releases his FOMC statement and holds a press [...]
1-30-24: The January Barometer Holds 2024 Promise
by Ivan Martchev January 30, 2024 As we come to the end of January, having made fresh all-time highs in the S&P 500 last week, one is reminded again of the old [...]
1-23-24: Fresh All-Time Highs Across the Board
by Ivan Martchev January 23, 2024 The wobbly start to January was the long overdue correction that we did not see in November or December, when pullbacks were one-day wonders. What we [...]
1-17-24: U.S. M2 Money Supply is Still Shrinking
by Ivan Martchev January 17, 2024 The unprecedented shrinkage in M2 money supply continues, and with it we have seen generally falling inflation numbers. The M2 shrinkage process began in December 2022 [...]
1-9-24: Why No Santa Claus Rally for the S&P 500 in 2024?
by Ivan Martchev January 9, 2024 There was no Santa Claus rally in the last week of 2023 and the first two trading days of 2024 – which mark the technical definition [...]
1-3-24: Emerging Markets are Overdue to Outperform
by Ivan Martchev January 3 , 2024 On a relative basis, the performance of the MSCI Emerging Markets Index compared to the S&P 500 has been a disaster of epic proportions since [...]
12-27-23: Awaiting the Santa Claus Rally
by Ivan Martchev December 27, 2023 As we enter the last trading days of the year and volumes are light, if we continue to see positive news, save for possible escalations in [...]