Recessions & the Market
Recessions and the Stock Market As I write this, the debt ceiling is still an issue, albeit more hopeful than it was a couple of days ago. We have had dire warnings about America’s credit rating going down and a looming recession if America defaults on it’s obligations. No-one wants a recession, but I thought […]
Consolidation
Consolidation – Again! Well, SPY is going nowhere fast. We are in a consolidation period, and have been for almost 2 months. From the chart you can see that it is consolidating at the same level as in February. We have not yet exited the bear market, which means that it is getting on for […]
Waves? Or Tide?
Was it Just Some Big Waves? It has certainly been an interesting week. After staying in a tight trading range since the end of March, SPY broke out downwards, quite decisively, on Tuesday, followed by another down day on Wednesday. Things were looking a bit grim, but then on Thursday it reversed, with the next […]
