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Thursday December 11, 2008 — StockWeb
The most recent low is dated on 20th of November when global stock market indexes formed new lows. Support, bottom from October 2002, has triggered bounce for equities. I have run my performance screener for international ETF to see which countries have benefited the most from this rally. Have a l...
Sunday November 30, 2008 — StockWeb
Last shorter trading week brought nice gains for most of global stock market indices. US major benchmarks closed sharply higher during 3,5 trading days. Dow Jones up 9,73% Nasdaq Composite 10,92% and SP 500 12,03%. There have not been any fundamental improvement but the markets were just deeply ov...
Sunday November 9, 2008 — StockWeb
October, one of the worst month on stock markets, is over and Standard Poor's have published statistics for major stock market indices. I picked group of emerging markets from SP Global Equity Indices and added four fundamental indicators. Dividend yield, Price / Book Value, Price / Cash flow and...
Tuesday September 2, 2008 — StockWeb
Emerging markets account for 80% world's population and 50% of GDP growth but only 8% of stock markets capitalisation. The list below contains all emerging markets based on Standard Poor's classification. I ran fundamental screen to get valuation with P/E FY1 (current P/E and adjusted by forecast...
Wednesday August 13, 2008 — StockWeb
Japan economy posted negative growth -0.6%. After Canada and Italy it is the third economy in G7 group which is not in expansion. Tomorrow the GDP statistics are released for countries of Euro zone.Last days China is in focus. Unexpectedly high inflation and slowing economic growth dragged Shangha...
Wednesday June 25, 2008 — StockWeb
From the mid of May we are in correction mode on stock markets globally. Some indexes are approaching and testing March lows. Let's have a look at fundamental indicators for emerging markets. There are some exceptions but generally we are below P/E valuation 20. Which is very interesting level for...
Tuesday May 27, 2008 — Condor Options
Times like this are tough for traders who insist that their positions have some kind of story supporting them. Technology is strong and probably always will be, but it’s not going back to dotcom levels; China, everybody’s favorite narrative for this decade, seems sort of broken; the a...
Thursday May 22, 2008 — Condor Options
Our VIX post from yesterday got picked up by two of the deans of options blogging, Adam Warner (shown) and Bill Luby:
The Big Question for the VIX
VIX Jumping the Shark?
VIX and VIX
(and thanks also to Abnormal Returns for the link)
Not much to add in response to all this, except to agree that the...
Monday May 12, 2008 — StockWeb
Recently I posted how international ETF stand in relation P/E to GDP (link to post). The most undervalued seemed to be emerging markets of BRIC (Brazil, Russia, India, China).World markets had turned to negative on October and have started bear market which lasts already 6 months. But major fall h...
Monday May 5, 2008 — StockWeb
One indicator, PEG, of fundamental analysis measures P/E relative to growth (EPS growth). It is especially helpful to compare stocks, indexes. Low P/E not necessary means under valuated price. It's always needed to compare with potential growth. PEG indicator uses EPS growth as a denominator.I ma...
Thursday April 17, 2008 — Condor Options
UPDATE: Adam makes basically the same point here. His comment at the end is that this morning’s sustained decline basically sucks the fuel out of any potential gamma fire, which is a good point.
Sure, rallies like this are exciting, but on a medium-term view today’s action doesn’...
Monday April 14, 2008 — Condor Options
Friday’s selloff obviously relieved any overbought conditions that may have persisted, so before the Monday open here are some Reversal Readings we’re keeping an eye on. Remember that we consider any reading above 95 to be well overbought and any reading under 5 very oversold.
XLF - F...
Monday April 7, 2008 — Condor Options
Markets ripped higher pre-open, gave it all back right away, moved higher again, and then gave it all back again through to the close. There: we just saved you six and a half hours, you didn’t miss a thing.
Alcoa announced earnings after the close and missed and is down another 15 cents aft...
Tuesday February 26, 2008 — StockWeb
Most of world indices are in negative on year to date 2008. Let's have a look at international stocks listed on US markets which are beating performance and also stocks that are below. Statistics show two emerging markets from BRIC. But with opposite performance.Measured by Bank of New York ADR in...