As I have been writing about for some time, the market has been rolling over. If you have time for only one chart, pay attention to the S&P500 falling below its 21 day moving average of prices a few days ago and today breaching its 50 day moving average (and while the most unfortunate inclusion… Continue reading Risk off
Another financial crisis?With the upgrade of Evernote to version 5 (a material improvement) I was reviewing some equity names that hit their 52 week highs with strong, often parabolic, charts which I previously collected in April.Seven months on it is clear that many of the leaders from back then, exemplified by AAPL, have stumbled. Although many… Continue reading 52-week high leaders from April show cracks
Felix qui nihil debet 