Black Monday, 1987: Inside The U.S. Treasury
Wondering if the FinMedia will mention one thing about today being the 36th year anniversary of the Great Crash of 1987 Originally Posted October 19, 2020 By Liam McPherson The following exchange took...
View ArticleBlack Monday, 1987: Inside The U.S. Treasury
Whoops, should have reposted this last night. Better late than never. Didn’t hear one mention in the FinMedia about today being the 35th year anniversary of the Great Crash of 1987 Originally Posted...
View ArticleBlack Monday, 1987: Inside The U.S. Treasury
#CKStrong Originally Posted October 19, 2020 By Liam McPherson The following exchange took place between President Reagan and reporters after the market close on Black Monday, October 19, 1987....
View ArticleBlack Monday, 1987: Inside The U.S. Treasury
By Liam McPherson The following exchange took place between President Reagan and reporters after the market close on Black Monday, October 19, 1987. Leaving to visit the First Lady in the hospital,...
View ArticleTwo Stocks To Watch After Monday’s Long Red Candlesticks
Here are the two stocks we are watching after last Monday’s big reversals and long red candlesticks. Tesla (TSLA) and Netflix (NFLX) have been the highest fliers in the bull market. Both are...
View ArticleHas Netflix Peaked?
Our crack stock picker, Coach Carol, thinks the probability favors the affirmative. Personally, I think Netflix, the service, is…rhymes with rap. The attraction of most of these streaming services,...
View ArticleTOTD: Valuations Matter
TOTD – Treat of the Day Microsoft was a great company in 1999. $MSFT was still a great company in 2017 – it would take you 18 years for you to break even if you bought it in 1999. Valuation, the price...
View ArticleCue The Economic Recovery
Summary The Russell 2000’s relative performance is now sniffing out the economic recovery, which will be reflected in a record Q3 GDP print, a bounce from the record first-half economic collapse It is...
View ArticleClassic Bear Market Bounce
Big move today in stocks with the S&P500 closing up 7.03 percent. We are so glad we are out of the market. We believe stocks are now in phase two of a vicious bear market, where after the initial...
View ArticlePresident Reagan On The ’87 Stock Market Crash
We are reposting this piece. History rhymes. The U.S. was in the midst of conflict with Iran during the 1987 crash as we are today. The Fed tried to stem the selling today and who knows what would...
View ArticleStages Of A Pandemic: Denial, Panic, Fear, and Rationality
We’ve been accused of panicking. It just ain’t so, Joe, as our M.O. is to try and panic before everyone else. What will be the big negative shock that shakes the tree loose? Your guess is as good as...
View ArticleBuying Tops And Trump’s Race For Stock Market History
We want to add to our last post because we believe the topic is of immense importance to the younger generations starting to save and plan for their retirements. Note, we had a slight error in the...
View ArticleEnter The Selling Zone 2.0
It’s that time again. No, not the now annual October fires in California (helluva a Chinese hoax, btw) we’re running from but the S&P moving into the selling zone. We are reposting a piece we...
View ArticleMajor Global Stock Market Caps
Hat Tip: @jessefelder Our Favorite Valuation Metric We had to post our favorite macro stock valuation measure. Some caveats come with the comps, including exchange rate translation.
View ArticleThe Summer Friday Ramp Into Close
Here we go again. The Summer Friday afternoon ramp. We posted how the S&P tends to ramp into the close in our post on Monday (see below). No different today. The S&P had traded in a 34.44...
View ArticleEnter The Selling Zone
We have entered the selling zone — S&P 3025-3100 — to execute the Get Shorty trade. This also provides an excellent opportunity for long-term investors to start cutting back on risk if they have...
View ArticleWill The S&P Hold The Line?
Will the S&P hold its May 13th low of this current sell-off at 2801.43? Glad you asked. The market is currently trading at its low of the day, 5 points above that support level. Tuesday’s Post...
View ArticleNewton’s Q1 Law Of Motion For The S&P500
Newton’s three laws of motion may be stated as follows: Every object in a state of uniform motion will remain in that state of motion unless an external force acts on it. Force equals mass times...
View ArticleA Note From A GMM Reader…
Passing on a note (email) we just received from a Global Macro Monitor (GMM) reader, who is vacationing on the beach in Mexico. By the way, he is not a free rider. He made a nice contribution to GMM...
View ArticleS&P500’s Five Hottest First Two Months Since 1950
The final trade is in for February and the S&P500 is up 11.07 percent in the first two months of the year. It is the fourth strongest start for the S&P since 1950. The table shows that such...
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