Around The Net In Ten Posts – Wednesday July 18, 2012

Here is what I am reading: China’s GDP Hit Tells Story of Hubris Run Amok (Bloomberg) Bernanke offers gloomy view but few new hints on easing (Reuters) Punishing drought in Midwest shows no sign of abating (Reuters) The Truth About Marissa Mayer: She Has Two Contrasting Reputations (Business Insider) Whither China? (Econbrowser) Have Bonds Peaked?…

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…