Market Action – July 25, 2012

The US equity markets had a mixed performance on Wednesday July 25, 2012. Tuesday was a big down day continuing the trend that started on last Friday. During this time the S&P 500 lost -2.78%. The global equity markets also did not fare well and Global Dow index (GDOW) lost more than -4.00%. Overnight’s global…

The ‘Ultimate’ Death Cross – Bring It On

Business Insider is out with a piece on the ‘Ultimate’ Death Cross’, the 50 period moving average crossing below the 200 period moving average for S&P 500. Many experts and talking-heads are mentioning it. However, this ultimate crossover is not about daily moving averages rather it is about longer term i.e monthly moving averages. Now one…

Is Doctor Copper Telling Us Something

Copper is referred to as Dr. Copper because of its unique ability to predict economic trends – and also because it is the only commodity that has a Ph.D. in economics. “Because of copper’s widespread applications in most sectors of the  economy – from homes and factories, to electronics and power  generation and transmission – demand…