Global Mail Archive
8-8-23: The Stock Market Sell-off Has Started, Where Could It Get To?
by Ivan Martchev August 8, 2023 It looks like the overly anticipated intermediate-term stock market correction may have started right on schedule in the seasonally questionable August time period, when trading tends [...]
8-1-23: The Last ZIRP Man Standing
by Ivan Martchev August 1, 2023 Zero Interest Rate Policy (ZIRP) and quantitative easing (QE) – the two major unorthodox monetary policies of the last two decades – were both born in [...]
7-25-23: The Broad Market Finds its Pulse
by Ivan Martchev July 25, 2023 The Equally Weighted S&P 500 is now up solidly for the year, while in late May that equally weighted index was down for the year. A [...]
7-18-23: The Stock Market is Acting Tired
By Ivan Martchev July 18, 2023 While we made it to fresh 2023 highs on the back of the good CPI numbers released last week, the stock market averages tended to make [...]
7-11-23: The Short Covering Rally is About to Stall
by Ivan Martchev July 11, 2023 I think we have started an intermediate-term correction, where a good target would be the area of the 50-day moving averages on the S&P 500 or [...]
7-4-23: The Yield Curve is as Inverted as It Gets
by Ivan Martchev July 4, 2023 The yield curve, as measured by the 2-year note and 10-year note (Treasury yields) have gotten more inverted of late, registering at -106 basis points (bps) [...]
6-27-23: The Fed Skip May Actually Be a Stop
by Ivan Martchev June 27, 2023 Last week, jobless claims came in at 264,000, the exact same number they were at the week before. One week further back they were at 262,000. [...]
6-21-23: Recession May Still Be Around the Corner
by Ivan Martchev June 21, 2023 Two weeks in a row, jobless claims have been elevated, affecting the four-week moving average. These indicators have not been as high since late 2021 and [...]
6-13-23: Watch Jobless Claims – and Beware Bitcoin
by Ivan Martchev June 13, 2023 For the first time in a while, there was a notable jump in the weekly jobless claims last week. Granted, during the pandemic and the mandatory [...]
6-6-23: Recession is Still Nowhere to be Seen
by Ivan Martchev June 6, 2023 The stock market, as represented by its most widely followed benchmark, the S&P 500, made a new high for 2023 last Friday. There are a lot [...]
5-31-23: “AI.com” Is the New Market Magic Formula
by Ivan Martchev May 31, 2023 In the dot.com bubble, any IPO with a “.com” in the name went up significantly more than companies that chose not to include that suffix. It [...]
5-23-23: Narrow Market Breadth Continues to Concern Investors
by Ivan Martchev May 23, 2023 The S&P 500 Index (SPX) made a new high for 2023 last week while its cousin – the S&P 500 Equal Weighted Index (SPXEW), in which [...]