30 June, 2015 by The TZ Newswire Staff Comments Off on Long-Term PMO SELL Signal for NDX and Intermediate-Term Trend Model Neutral on SPX
Long-Term PMO SELL Signal for NDX and Intermediate-Term Trend Model Neutral on SPX
There were two important signal changes in the DP Scoreboards in the DecisionPoint Chart Gallery. The NDX finally submitted to a long-term Price Momentum Oscillator (PMO) SELL signal. The other three in the gallery were already on long-term PMO SELL signals.
30 June, 2015 by The TZ Newswire Staff Comments Off on Market Extra: Netflix is the standout winner in the second quarter
Market Extra: Netflix is the standout winner in the second quarter
Tuesday marked the end of the second quarter and both the S&P 500 and the Dow Jones Industrial Average fared poorly, closing down marginally lower as investors fretted about the timing of the Federal Reserve’s lift-off and the mediocre U.S. economy.
30 June, 2015 by The TZ Newswire Staff Comments Off on The Air We Breathe
The Air We Breathe
From the Slope of Hope: A few years ago, I was chatting with an acquaintance of mine who happens to be pretty rich. I don’t know the exact figure, but his net worth was probably something like $80 million. He was definitely in “ultra-high net worth” territory and quite obviously never needed to work another day in his life.
30 June, 2015 by The TZ Newswire Staff Comments Off on The Care And Feeding Of A Financial Black Hole
The Care And Feeding Of A Financial Black Hole
30 June, 2015 by The TZ Newswire Staff Comments Off on Confirmation bias and bubbles
Confirmation bias and bubbles
I’ve done a number of posts pointing out that people are hard-wired to find patterns where they don’t exist. Studies have shown that people will see “bubbles”, even in data that is generated to follow a random walk.
Now of course just because most people would believe in bubbles even if they did not exist, does not in any way prove that they don’t exist. Maybe they do. But we always have to be on guard against cognitive bias.
30 June, 2015 by The TZ Newswire Staff Comments Off on Market Takes a Breath
Market Takes a Breath
U.S. stocks closed higher, with the Dow and S&P rebounding from their biggest losses of the year, as a last-minute diplomatic scramble got under way to keep Greece from defaulting on its debt payments.
Eight sectors finished the month in negative territory. The Semiconductor Index lost 8.7% in June.