Published in May 10th, 2012
BarroMetrics Views: S&P 2012-05-10 Again
Today I took out my original shorts (1366) and another smaller set at 1353 (initiated yesterday).
FIGURE 1 shows why.
After the price action on May 7 (DOJI day). I expected to see:
On May 8, a smallish range day with a lower low and lower high (when compared to May 7); and
On May […]
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Published in May 8th, 2012
BarroMetrics Views: S&P 2012-05-07 Revisted
The price action on May 7 provides a great lesson of what I do when the cash and E-mini Futures (including the Globex session) don’t line up.
You will recall that I was looking to take a short position around the 1366 to 1371 zone. In addition, acceptance on a daily chart […]
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Published in May 7th, 2012
BarroMetrics Views: S&P 2012-05-07
The price action this morning (HK time) was interesting enough to warrant my postponing the planned article.
Figure 1 shows that the E-mini, June (ESM2), gapped down from a close of 1362.50, opening at 1354 (8.50 points).
Moroever, the ESM2, if it accepts below 1352.50 raises the possibility of an 18-day Swing, Change in […]
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Published in April 19th, 2012
BarroMetrics Views: The Spanish Bond Auction
The S&P had a nine point range. The price action was indicative that the market was awaiting some event. Perhaps it was awaiting to see how the Spanish Bond Auction fares today (April 19).
Yesterday, the Spanish 10-year bonds yields fell from a high on April 16 of 6.07% to 5.89%. […]
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Published in April 17th, 2012
BarroMetrics Views: S&P 2012-04-17
First off, thanks to all who have written asking about the long silence; I appreciate your concern. I’ll do my best to keep up the blog; right now, my personal situation makes it a little difficult, but I do promise to do my best.
We seem to be right on the cusp with […]
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Published in April 5th, 2012
BarroMetrics Views: Spain
James from KL asked why I say Spain and/or Portugal could have a possible destabilising effect on US stocks, especially since the the GPD to debt ratio was ‘only 68.5% in 2011′ and is expected to be around 79.8% in 2012. James says only because the US GDP to debt ratio for 2011 […]
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Published in April 4th, 2012
BarroMetrics Views: China Revisited
Eyes are again turning to Europe as the deteriorating employment situation in Spain grabs our attention. I’d suggest however, there is a potentially more dangerous situation looming China.
Let’s see what the charts are pointing to:
Figure 1 is a weekly Shanghai Index marking the all time high at 6125 and the reaction low […]
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Published in March 28th, 2012
BarroMetrics Views: S&P March 2012-03-27 (2)
Continuing from yesterday’s blog:
The price action on March 27 did not clarify the situation for me. In my mind, the question is:
Have seen the completion of the correction of the 1371 (basis cash) breakout so that the move on March 26 is classified as a new impulse move? Or
The up […]
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Published in March 27th, 2012
BarroMetrics Views: S&P March 2012-03-27
First off an apology and explanation for the silence.
A personal issue arose in early March which means I am flying the Singapore-HK-Singapore route every 18 days or so with the 5-days in HK taking up most of my time. This in turns means that the days in Singapore are choca-bloc. Something […]
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Published in March 12th, 2012
BarroMetrics Views: The Greek-Restructure III
The politicians are proclaiming the crisis is over - the Greek default will not extend to another country. Putting aside the fact that the ‘polis’ have been consistently wrong to date, the facts don’t support the claims.
Let’s take the two most likely to succeed Greece:
1) Spain
As we know from this blog […]
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