- The Origins of Behavioral Economics: Kahneman Interview (Steve Hsu, Information Processing)
- Which Contrarians are Correct About the Stock Market? (Dr. Duru, One-Twenty Two)
- Time to Close Long Positions (Francisco Lorca, Volatility Forecasting)
- 2CS Update (Tom Drake, Putting the Pieces Together…)
- Market Recap 09/24/09: CPCE Calls for a Top Again (Yong Pan, Cobra’s Market View)
- S&P Technicals Weakening (Kevin’s Market Blog)
- Viewing the Recent Breakdown in Oil and Rally in the Dollar (Corey Rosenbloom, Afraid to Trade)
- Can You Beat the Market? Part V. Collars Outperform Buy and Hold (Mark Wolfinger, Options for Rookies)
- Initial Conclusions/Theories Regarding Run Frequency (David Varadi, CSS Analytics)
- Hedging, Under the Academic Microscope (Steven Sears, Barron’s)
- Lessons Learned from a VIX Put Matrix (Tyler Craig, Know Your Options)
- Shorty Fire in AIG (Adam Warner, Daily Options Report)
- Bloomberg Options Blooper (Wayne, Sigma Options)
- Volatility Skew in Crude Oil Options (Don Fishback’s Market Update
- Perot Systems – Options Order Flow Leads the Way Again (Ron, Livevol)
- Reacting to News: The RIMM Lesson (Jeff Miller, A Dash of Insight)
- Economy Improves, But Concerns Remain (James Hamilton, Econbrowser)
- When Will the Economy Start to Add Jobs? (V.) Putting the Indicators Together (Hale Stewart, The Bonddad Blog)
- Food Stamps at Record (Sudden Debt)
- Household Financial Burdens Ease (Scott Grannis, Calafia Beach Pundit)
- “Buy the Dip” Mentality Fully Entrenched (Michael Shedlock, Mish’s Global Economic Trend Analysis)
- Corporate Insiders Continue to Increase the Pace of their Selling (Mark Hulbert, MarketWatch.com)
- 100-Year Floods are More Common Than You Think (Jonathan, My Money Blog)
…and on an unrelated, but uplifting note: Project Icarus
Bill, your tweet earlier in the day about SPX bottom. Could you elaborate on your thought process?
ReplyDeleteA number of factors came together at about the same time, just as the S&P 500 index was crossing below 942, including (not necessarily in order):
ReplyDelete* strength (or the absence of continued weakness) in some key sectors, including small caps, tech and financials
* technical support in the S&P 500 futures
* some cycle timing factors I look at (but have not talked about on the blog)
* volatility analysis
* volume analysis
* put to call ratio analysis
* 'gut feel' from watching the tape
None of these was decisive by itself, but taken together I though it was a good idea to get aggressively long under SPX 1042.
There was some buying on the dip, but with today's weak finish I don't have a particularly strong conviction about Monday.
Enjoy the weekend,
-Bill