Monday, August 18, 2014

Risky Business Monitor: Aug. 18, 2014

Multivariate analyses indicate my proprietary U.S. Economic Index either may have hit its peak for 2014 last month or might hit its peak for the year this month. Therefore, I can’t wait for my next USEI-centered article, which will be published at J.J.’s Risky Business or Seeking Alpha circa Sept. 5. Meanwhile, our droogies at SA have published this year the following pieces on the USEI and the associated comparisons of the historical monthly levels of the index and the SPDR S&P 500 ETF (SPY):








Related Reading





Shameless Self-Promotion! If you like my work, then you can follow me as J.J. McGrath at Google+ and Seeking Alpha, as JJMcGrath at StockTwits and @JJMcGrath3000 at Twitter. If you do not like my work, then you can follow me at all those places, anyway.

Monday, August 11, 2014

Risky Business Monitor: Aug. 11, 2014

Analyses of individual equities are on the big screen hereabouts this week, so I may be able to produce one or three articles about them at either J.J.’s Risky Business or Seeking Alpha within the next week. Meanwhile, our droogies at SA published the following three pieces since the appearance of the Risky Business Monitor linkfest last week:




Related Reading





Shameless Self-Promotion! If you like my work, then you can follow me as J.J. McGrath at Google+ and Seeking Alpha, as JJMcGrath at StockTwits and @JJMcGrath3000 at Twitter. If you do not like my work, then you can follow me at all those places, anyway.

Monday, August 4, 2014

Risky Business Monitor: Aug. 4, 2014

The Institute for Supply Management released its July 2014 Manufacturing ISM Report On Business Friday and will release its July 2014 Nonmanufacturing ISM Report On Business Tuesday, which means I soon will be able to bring up-to-date my U.S. Economic Index and the comparison of the historical monthly levels of the USEI and the SPDR S&P 500 ETF (SPY). My article on these data series will appear either at J.J.’s Risky Business or at Seeking Alpha.

Meanwhile, our droogies at SA published the following three pieces since the appearance of the Risky Business Monitor linkfest last week:




Related Reading





Shameless Self-Promotion! If you like my work, then you can follow me as J.J. McGrath at Google+ and Seeking Alpha, as JJMcGrath at StockTwits and @JJMcGrath3000 at Twitter. If you do not like my work, then you can follow me at all those places, anyway.

Monday, July 28, 2014

Risky Business Monitor: July 28, 2014

The New York Stock Exchange most likely will report its data on securities market credit for June today, late this month or early next month, which means I soon will be able to bring up-to-date my Margin Debt Directional Indicator, or MDDI; Securities Market Credit Risk Rank, or SMC Risk Rank; and comparison of the historical monthly levels of NYSE margin debt and the SPDR S&P 500 ETF (SPY).

It would be nice of NYSE to adopt a publication schedule for its three securities-market-credit data series, but the exchange has not done it during the past 197 years, so I am not exactly holding my breath as I await such a blessed event. My article on the June data will appear either at J.J.’s Risky Business or at Seeking Alpha. Meanwhile, our droogies at the latter site have published the following pieces on the subject this year:








Related Reading







Monday, July 21, 2014

Risky Business Monitor: July 21, 2014

Ralph Waldo Emerson’s cogent observation that “[a] foolish consistency is the hobgoblin of little minds” notwithstanding, I note that if I have said it once, then I have said it a zillion times: I hate redundancy. Nonetheless, I acknowledge my most recent J.J.’s Risky Business blog post bears more than a passing resemblance to my most recent J.J. McGrath’s Instablog post at Seeking Alpha, as reflected by the following recapitulated ruminations:

The Select Sector SPDRs carving the S&P 500 into nine slices may be unique in the exchange-traded fund universe: They serve not only as investing and trading vehicles but also as equity-market indicators, lagging, coincident and leading. Accordingly, I keep an eye (or two) on them at all times.

A few results of this many-faceted observation process can be found in a recent series of articles published at Seeking Alpha. In each of the nine pieces, I focus on a single sector SPDR: its behavior in the first half of this year relative to its parent’s proxy, the SPDR S&P 500 ETF (SPY), and all its siblings; its average monthly performances during the first full 15 years of its existence; and market-moving issues likely to have an effect on it in the foreseeable future (e.g., changes in policy at the U.S. Federal Reserve).

If you employ the sector SPDRs as market indicators, then you might want to read all of these articles. If you use a given sector SPDR as either an investing or a trading vehicle, then you might want to read the piece related to it. In any case, all nine of them are accessible via the hyperlinks appearing below:










Related Reading