Retail XRT holds the honor of matriarch. Transportation IYT slipped back to an unconfirmed warning phase in its role as the temperamental spawn. Biotechnology IBB, began the week naughty, but does appear to be finding some stability with the underlying, …
In Like A Lion, Out Like A Lamb by Lorrie Hill
Quiet day to begin this week or dare I say, March, the month that comes in like a lion and goes out like a LAMB?
Speaking of which, lambs …
Dragnet
Back in 1979 through 1981, commodity traders on the New York Exchanges were having a party. Literally. Not only were buckets of champagne on ice delivered daily to the floor like bottled water, but the boards were lit up …
Alanis Morissette, You Oughta Know 1995
Ode To The Federal Reserve (To the tune of You Oughta Know)
And I’m here to remind you
Of the mess you’d leave if you went away
It’s not fair to deny me
Of …
I grew up in Queens, NYC. The closest I ever came to a sheep was when the family would go to Sheepshead Bay, Brooklyn to visit relatives. Bada Bing! Regarding my recent diatribe on sheep, I’m no expert.
But this …
Jason and the Argonauts
While I was recovering from a stomach virus, I thought a lot about the market, modern families and sheep. After all, watching Netflix in bed on my iPad is entertaining only for a short period of …
The Economic Modern Family came out swinging this week, and that’s before they celebrate St. Patrick’s day!
Mish is out ill today so filling in is her family, Jonathan griffin and Keith Schneider.
S&P 500 (SPY) Back to unconfirmed Bullish …
Economic Modern Family
All said and done, the Dow is down around 3% from its all-time high. It seems fair to say that the lack of buying to keep us up at the highs or get us to new highs …
George Bernard Shaw
So have I made my point yet? The one about Sheep scattering, grazing, filling up, pooping and then scattering again? Good. Let’s put that aside now and talk about trading ranges, and leading sectors/ groups.
Beginning with …
Horace, leading Roman lyric poet during the time of Octavian
As annoying as my constant harping on the Sheep imagery related to market tone may be-I must say-it has kept me patient throughout the correction-or at the very least, given …
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