Monday Morning Chartology-11/8/2010
Steve Cook on Disciplined Investing

Syndication

Have You Seen This?

News

  • Make money by accessing all our Portfolios, the supporting research and Price Disciplines using our paid subscription blog, Strategic Stock Invetments. Our work is focused on making money for our Portfolios not as some academic exercise in Internet investing. Check our performance (audited)--our Dividend Growth Portfolio has beaten the S&P by 500 basis points per year for the last seven years but with a beta of only .62. (Mandatory Disclaimer: past performance is not a guarantee of future results.) We give you everything you need to duplicate our results, in particular, a strict price discipline for both Buying and Selling.

Have You Seen This?


The Market
    
    Technical

      Monday Morning Chartology

    The break to the upside in the S&P is clear.  We need a couple more days above 1220 to confirm.


 



    Gold continues to look great.




 


    VIX re-enters its down trend--a positive for stocks.   







    This is a great chart reflecting the duration and magnitude of the current rally versus prior rallies (chart):
    http://www.ritholtz.com/blog/2010/11/current-dow-rally-duration-and-magnitude/

   Fundamental
      
    Ten ways to survive inflation (medium):
    http://www.marketwatch.com/story/10-step-inflation-survival-guide-2010-11-05

    CEO’s are becoming more optimistic (short):
    http://www.ritholtz.com/blog/2010/11/optimistic-ceos-upside-surprises/

    The latest data on the third quarter’s earnings ‘beat’ rate short):
    http://www.bespokeinvest.com/thinkbig/2010/11/5/thanks-goodness-earnings-werent-in-focus-this-week.html

    
Economics

   This Week’s Data

   Other

    The latest ECRI weekly leading indicator:
    http://advisorperspectives.com/commentaries/dshort_11510.php

    Friday’s better than expected nonfarm payroll report notwithstanding, the job recovery is still anemic (chart):
    http://www.businessinsider.com/chart-of-the-day-percent-job-losses-in-post-wwii-recessions-2010-11

    To further put it in perspective (short):
    http://www.zerohedge.com/article/america-needs-add-232400-jobs-month-get-back-pre-depression-job-levels-end-obama-second-term

    The financial crisis--it was the banks, stupid (medium and today’s most read):
    http://www.nakedcapitalism.com/2010/11/obama%E2%80%99s-problem-simply-defined-it-was-the-banks.html











Posted 11-08-2010 8:25 AM by Steve Cook