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Cory’s Chart Corner
Many will focus the blame of market drawdowns on the tariffs and ignore the fact the SP500 (only a few weeks ago) was trading at 4 std devs above its historical mean…valuation also matters.
The Kobeissi Letter @KobeissiLetterBREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
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Daily Archives: July 24, 2009
Manufacturing earnings through cost cutting and accounting
Good post from the Ramsey Report ala “The Big Picture” blog this afternoon: “We’re all technicians now!’ Stocks again are so divorced from reality and economic fundamentals that investors must be technicians in order to capture upside and avoid the … Continue reading
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Managing through the market buzz
This week world markets have broken through some key upside resistance: 9000 on the Dow, 950 on the S&P, 1900 on the NASDAQ. It’s been quite a week, adding to an already record run in equity prices from the March … Continue reading
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