Global Mail Archive
4-23-24: It Looks Like Some Middle East Missiles are Pure Theater
by Ivan Martchev April 23, 2024 Although it looked pretty worrisome for a couple of weeks, it appears that the Iranians decided to strike Israel with some mostly low-tech drones and missiles, [...]
4-16-24: Possible Rising Recriminations Face the Stock Market
by Ivan Martchev April 16, 2024 Nobody can predict if the cycle of acrimonious recriminations between Israel and Iran will stop this week – after the Iranian retaliation for the destroyed Damascus [...]
4-9-24: With 10-Year Treasuries At 4.4%, How High is Too High?
by Ivan Martchev April 9, 2024 Right about the present level of the 10-year Treasury yield (4.4% as of Friday’s close) the stock market began to feel pressure last summer. That pressure [...]
4-2-24: Stocks Are Partying Like It is 1995
by Ivan Martchev April 2, 2024 The way the first quarter went, with brief and very shallow pullbacks, one would think that stocks are partying like it is 1995. While it is [...]
3-26-24: If the Fed Plans to Cut Rates, Then Why is the Dollar Firm?
by Ivan Martchev March 26, 2024 Something does not compute with the dollar. It is showing bottoming-action, delivering another “golden cross” – a situation where the 50-day moving average crosses the 200-day [...]
3-19-24: The Rotation into the Broad Market Accelerates
by Ivan Martchev March 19, 2024 When I included the chart below a mere three weeks ago, the year-to-date performance numbers for the S&P 500 Equal Weight index and the S&P 500 [...]
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 [...]