Sunday, August 18, 2013

A good article on the big picture of the stock market

I'm a fan of Barry Ritholtz, and I really like his perspective communicated like this.

Worth the read!

Stock Market Since 1900 | The Big Picture
http://www.ritholtz.comWed, 14 Aug 2013 16:00:43 GMT
E.g. in 1929 JPM's P/E was at ~ 17 and at the bottom of the stockmarket in late 1932 JPM's P/E had only shrunk to ~14. In that regard the 4 quarter trailing P/E – IMO – understates (in both directions) the swing in earnings from ...

50 day moving average talk

As I've said many times, EVERYONE looks at the 50 day moving average, even if they hate technical analysis.  It's considered the intermediate term line in the sand, and needs to be respected.  You want to know what everyone is looking at, and you want to look at it too.

Stock Market 50-Day Moving Average - Business Insider
http://www.businessinsider.comFri, 16 Aug 2013 11:51:00 GMT
The stock market has been experiencing a heightened level of volatility. The S&P 500 closed at 1,661 yesterday, down 1.4%. And the all-time closing high of 1,709 two weeks ago is just getting farther away. The chart watchers ...