Global Mail Archive
12-19-23: Fed Chair Jerome Powell Goes Full Circle
by Ivan Martchev December 19, 2023 It is hard to expect any meaningful market pullback when the Fed Chairman pretty much says that there will likely be several rate cuts coming in [...]
12-12-23: There Could be A Simple Explanation for the Dax Moonshot Move
By Ivan Martchev December 12, 2023 The German stock market has gone parabolic in an exceptionally strong move, after meandering over the summer months with sub-par economic releases due to the admission [...]
12-5-23: A “Reluctant Rotation” Has Begun
by Ivan Martchev December 5, 2023 Instead of seeing a normal correction, which happens more often than not when the market has been going straight up for four weeks, we have seen [...]
11-28-23: New Volatility Lows for 2023 Indicate a Coming Overdue Small Correction
by Ivan Martchev November 28, 2023 The VIX (market volatility index) closed on Friday at 12.46, one tick above its annual low for 2023. While I have seen the VIX fall under [...]
11-21-23: The Stock Market is Pushing Against Statistical Extremes
by Ivan Martchev November 21, 2023 If we look at the whole year, as of last Friday, the S&P 500 is in an extreme position, based on its standard deviations away from [...]
1-31-23: The Surreal Correlation Between Junk Bonds and Stocks
by Ivan Martchev January 31, 2023 A junk bond “reads like a bond but trades like a stock,” a veteran bond trader told me a long time ago, and a total return [...]