Scott MartindaleAfter its long-awaiting breakout of the 1900 level the other week, the S&P 500 gained another +1.3% last week alone, but this double-low progression as I call it -- i.e., on extremely low volume and with persistently low volatility -- is worrisome. Read more about Sector Detector: Bulls revel in the new normal, while bears lie in wait

Education is the ability to listen to almost anything without losing your temper or your self confidence.” -- Robert Frost

Right now, it looks like it would take a major downside event to prevent the major indices from having a swimmingly good year. Read more about ETF Periscope: Low Volatility Levels Provide Hedge Opportunity at Discount Rates

daniel / Tag: SPX, DJIA, NASDAQ, COMP, VIX, VXX, KIE, FXO, XLF, IYF, VFH, volatility, CBOE, Fear Index / 0 Comments


Wall Street seems to be in a bit of a holding pattern, not quite sure which way to go as it ponders how to respond to the possibility of another war, a domestic economy that seems to sputter out with regularity, and the inevitability of a tapering off of the massive bond-buying program that has goosed the equity market to record highs. Read more about ETF Periscope: Investors Unimpressed With Sound of War Drumbeat

daniel / Tag: USO, DJIA, COMP, SPX, VIX, FDN, SOXX, FXL, SMH, QTEC, IGV, VGK, NYMEX, Syria, volatility, Middle East, Crude Oil / 0 Comments

If you happened to blink last Thursday, you probably missed an event that contains powerful implications for investors and, well, pretty much anyone who has a stake in the economy. That’s when China’s Shanghai Composite Index experienced a 6% swing, going from a roughly 1% loss to a 5.6% gain. And this happened over the course of a mere two minutes.

To put that in perspective, the Dow Jones Industrial Average (DJIA) would need to undergo a 900-point swing to experience a similar move.

In other words, it was a huge intraday move, but a staggering two-minute one. Read more about ETF Periscope: Chinese Flash Crash Reminder That Volatility Lurks Always

daniel / Tag: DJIA, COMP, SPX, FDN, SOXX, FXL, SMH, QTEC, IGV, VGK, Flash Crash, volatility, Shanghai Composite Index / 0 Comments

If the current economic forecast holds, the European Union (EU) is expected to announce next week that the Eurozone has finally emerged from its nearly three-year descent into recessionary territory. The 17-nation currency union should show that it has expanded its GDP by 0.2% over the course of the second quarter of 2013.

Hardly a staggering rise, but considering that growth has either stagnated or shrunk over the last several years, including the recent string of six straight quarters into negative territory, the gains are sure to be widely heralded. Read more about ETF Periscope: Eurozone Offers Siren Song to Investors

The market is currently in a nice little comfort zone, touching on record highs on a regular basis. In spite of that fact, it has more or less been in a sideways trend these last four weeks, which tends to beg the question: Is the market consolidating for a breakout or about to lose steam and head into reverse?

That remains to be see, though there are reasons to think that the low levels of volatility the market currently is registering will start to rise fairly soon. Read more about ETF Periscope:VIX Near Year’s Low Makes It Cheap Insurance Against Volatility

daniel / Tag: DJIA, COMP, SPX, VIX. VXX, FDN, SOXX, FXL, SMH, QTEC, IGV, VGK, FED, volatility, fear gauge, Chicago Board Options Exchange / 0 Comments


Volatility has, indeed, calmed down a bit last week, compared to the previous one, as some soothing words from some of the Fed’s top monetary policy officials seemed to balance off Ben Bernanke’s earlier comments regarding the imminence of QE3 tapering.  It did seem to be an orchestrated attempt by Fed officials to stabilize the markets following the strong negative reaction that occurred in response to Bernanke’s comments that the bond-buying program would be reduced much sooner than investors had anticipated. If this was the intended reaction it worked . . . Read more about ETF Periscope: A Good Time to Buy the Dip in China Equities? (Part 1)

daniel / Tag: DJIA, COMP, SPX, FXI, PEK, MCHI, GXC, volatility, FED, BERNANKE, China, Shanghai Composite Index / 0 Comments

It was another week of wild mood-swings on Wall Street, as Ben Bernanke seemed to be intent on roiling the markets. Deliberate or not, the effect was the same, as investors seemed hesitant to jump in on the dips with the same enthusiasm that they have for the majority of the year so far. The question is, will the volatility express continue to barrel through the summer vacation months? Read more about ETF Periscope: Wall Street Rides Another Week’s Wave of Mood Swings

daniel / Tag: DJIA, COMP, SPX, VIX, VXX, KIE, FXO, IYF, XLF, VFH, volatility, FED, BERNANKE, fear gauge, Chicago Board Options Exchange / 0 Comments

The last couple of weeks has seen Wall Street moving in something of a sideways trend, though that hardly indicates the increased level of intraday volatility that the equity market has been experiencing since the last week of May. Will it be more of the same for the coming week? Bet on it . . . Read more about ETF Periscope: Fed Playing a Volatile Game

daniel / Tag: DJIA, COMP, SPX, VIX, KIE, FXO, IYF, XLF, VFH, volatility, FED, Federal Reserve Bank, BERNANKE / 0 Comments

Nothing like a 300-point swing to light up the volatility index. That’s pretty much what happened last Friday, as the Dow Jones Industrial Average (DJIA) started the day with a nice little 70-point gain in the morning.

From that point on, however, investors seemed to lose their appetite for equities, as the Dow trended steadily downward for the remainder of the day. Steadily, that is, until the last 15 minutes of the trading session, when a sharp drop ensued as sellers proceeded without any noticeable resistance into the close.
  Read more about ETF Periscope: Bears Eye Recent VIX Pop With Considerable Interest

daniel / Tag: DJIA, COMP, SPX, VXX, VIX, volatility / 0 Comments

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