19 Nov 2014

Duel between year-end seasonality (+ve) and QE end (-ve)

by | posted in: Credit, Economy, Equities | 0

Economy was probably not reason why QE2/3 got launched, stock sell-off was One month after QE1/2 ended, stocks began to act sick, prompting Fed into action Year-end rally may or may not happen; impending sell-off to test Fed’s pain threshold … Continued

22 Jul 2014

Divergences abound, small-caps included

by | posted in: Credit, Derivatives, Economy, Equities, Technicals | 0

Small-cap shares are lagging.  This is no news.  Small-caps have been a topic of discussion on this blog several times before.  They have lagged their large-cap brethren, the S&P 500 Index, since early March.  That was when money started to … Continued