Charts and Coffee on July 12th, 2009 at 4:40 pm Central Time

I mentioned back in May that I was watching Google Trends as a market sentiment indicator. This is the first week in which I can actually apply the concepts discussed in that post (click on Google Trends under labels to view the post).
I find it interesting that the search volume for “bear market” is back [...]

Continue reading about Sunday Night Coffee – 7/12/2009

Charts and Coffee on April 20th, 2009 at 5:48 pm Central Time

With all the talk of bank stress tests, I think today was great because it provided an opportunity to stress test your portfolio on a big down day. For those shooting for a neutral delta, today was day to see how your portfolio performed on a big down day.
For me, the results were a little [...]

More on this topic (What's this?) Read more on Bank Stress Tests, Beta at Wikinvest

Continue reading about Stress Test; So Many Action Points

Charts and Coffee on March 22nd, 2009 at 12:35 pm Central Time

http://money.cnn.com/2009/03/21/news/economy/bank_bailout_next_step/index.htm?postversion=2009032209
Looks like we got another over the weekend press release from the government. We should get our first look at what the markets think of it when ES begins trading in a few hours as well as the Asian markets. Like most headlines, I don’t think it affects how to trade the market but it [...]

Continue reading about Sunday Night Coffee – 3/22/2009

Charts and Coffee on March 8th, 2009 at 4:56 pm Central Time

On tap tonight I will be discussing what I deem to be key indexes, a look at the bond funds, currency funds and some specific stocks.
$SPX
I will start by looking at $SPX which I examined yesterday in some detail.

Here is a summary of my posts from yesterday:
- The peak at 930 to trough at 800 [...]

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Charts and Coffee on February 18th, 2009 at 5:24 pm Central Time

With leadership like this, is it any wonder prices have rolled back to 2003?
Enough politics … Today’s charts:
First, not to keep showing the same charts, but I think it is important to keep your eye on the ball. We are at critical support on both on the Dow and SPY.

Unfortunately, Prophet is a little bit [...]

Continue reading about Pelosi and Stanford, Critical Support, Platinum (PTM), Yen (FXY), Bond Funds, Some Long Ideas

Charts and Coffee on January 28th, 2009 at 5:25 pm Central Time

With the strength in the financials last night, it looked like today could be the day to get out of the $80.5-$85 range on SPY. The market gapped up on the open and closed at $87.39. It looks like there is a strong possibility that we are in a new trading range. Look at the [...]

More on this topic (What's this?) Read more on SPDR Trust Series I at Wikinvest

Continue reading about SPY is Fib Friendly and a Look at Some Old Ideas

Charts and Coffee on January 21st, 2009 at 8:49 pm Central Time

I am back to a familiar topic. The bond funds. When I look at the price action today, these guys are what is notable.
First, look at the break in TLT.

There is clearly a break under 112.60. I will be looking to short the treasuries again using TBT. I would be looking to enter at [...]

Continue reading about Return to Taking Risk: TLT, LQD, HYG and JNK

Charts and Coffee on January 21st, 2009 at 7:37 pm Central Time

Ok. In honor of Bank of America, originally founded in California (as Bank of Italy) before it was taken over by Nationsbank (they decided to use the Bank of America name). Yes, not a great connection but I wanted to play a good video to celebrate the day and this was the best I could [...]

Continue reading about California, LQD / HYG / JNK and Apple

Charts and Coffee on January 18th, 2009 at 1:46 pm Central Time

I have been writing recently that I have been following the bond market as a tell about where the stock market is headed. Today I am looking at a modified form of the Confidence Index. The Confidence Index can be calculated by dividing the average yield of high grade conservative bonds by the average yield [...]

Continue reading about Modifed Confidence Index (LQD v. HYG)

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