Category Archives: Market Statistics
The Russell 2000 index reached new highs but price action is confined in a slowly rising channel in past six months. The trailing 12-month P/E ratio of the index is at 82. The top 20 holdings of the IWM ETF … Continue reading
This one chart shows what is wrong now with the U.S. stock market and potentially what can go wrong. A price will be paid but the day of reckoning is delayed.
The intraday change from the low to the high of the S&P 500 index on Friday, May 26, was only o.19%, which is the lowest in about 23 years and the fourth lowest in 31 years. I list some of … Continue reading
Since January 2011, bitcoin daily returns volatility is 89% while $1 has grown to more than $8,314. The drawdown profile reflects the speculative nature of this currency and its high risks but some popular large caps went thought similar phases. … Continue reading