Tag Archives: SPY
A few charts and lessons from the most dramatic crash in the history of the stock market, actually a 25-sigma event as shown below.
I have no idea who came up with the notion of overbought/oversold conditions. Market makers have probably appreciated the gifts from unskilled technical traders who thought these levels could be easily traded. There is worse than that: some even think … Continue reading
False and irrelevant information about the markets dominates social media because most people are probably unwilling to share valuable information.
A lot of people who are mostly new to the markets often misinterpret comments made by famous investors and traders because they fail to understand the proper context. This results in cheap straw man arguments.
Despite the outperformance year-to-date, which may be related to U.S. dollar weakness for the most part, international stocks have consistently underperformed U.S. stocks in the last 22 years. Unless there is a well-documented paradigm change, a switch to those markets … Continue reading
On Friday, September 15, 2017, the S&P 500 gained 0.19% but SPY fell 0.4% due to payment of a $1.235 dividend. This divergence does not show on the adjusted SPY chart but if the unadjusted chart is used, there can … Continue reading