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I'll leave aside my disgust for those who commit atrocities. Here I focus on SPX reaction to terrorist attacks.
On the short term US equity markets seem to be quite immune to these incidents. The 2004/2005 bombings in Madrid and London didn't have a real impact on SPX. Even after 9/11 the US market was not hurt medium term. SPX was back up to the prior level after 20 trading days and was strong for the next few months - thanks to Alan Greenspan's liquidity injection
Recent history suggests that the Paris attacks won't have a significant impact on the US market.
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I second your view.Infact, I think market will rebound strongly in response of terrorist attack to show that solidarity and to send them signal that we can not be defeated by your actions..we will win this war against you..prepare for big green bar on Monday!!
The Santa Claus Rally period extends from the close on 11/20/15 [FRIDAY] through the close on 1/6/16.
“…over the course of the previous 66 years the Santa Claus Rally time period has witnessed the Dow generate 83% winners
with an average win/average loss ratio of 2.5-to-1.” http://jayonthemarkets.com/2015/11/14/s ... wn-i-hope/
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Al_Dente wrote:The Santa Claus Rally period extends from the close on 11/20/15 [FRIDAY] through the close on 1/6/16.
“…over the course of the previous 66 years the Santa Claus Rally time period has witnessed the Dow generate 83% winners
with an average win/average loss ratio of 2.5-to-1.” http://jayonthemarkets.com/2015/11/14/s ... wn-i-hope/
Al_Dente wrote:The Santa Claus Rally period extends from the close on 11/20/15 [FRIDAY] through the close on 1/6/16.
“…over the course of the previous 66 years the Santa Claus Rally time period has witnessed the Dow generate 83% winners
with an average win/average loss ratio of 2.5-to-1.” http://jayonthemarkets.com/2015/11/14/s ... wn-i-hope/
This time is different!!!!!!
83% of instances positive means 17% of instances negative
Choose your odds
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
sheeesh boss thanks very much
I meant add spy to your “candleglance” 8-in-one chart (permanently)
I didn’t mean for you to work this hard. But that is awesome
I think I owe you a bottle
My reading is that BPs are a day/few days late, no?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.