Paulsen got cautious on US stocks at the end of last year and predicted a sideways 2015, which has come to pass so far, with the Dow Jones Industrial Average up about 1.5% this year based on Friday’s close. … Acknowledging the upswing in stocks, Paulsen said the market could go higher in the short […]
Category Archives: Z-vals
Kass: Lower Stock Prices Ahead
“…Greece is a dangerous precedent. … it remains my view that over the last few months markets have been in the process of making a broadening and important top. Markets are, by most measures, in fact teetering. … “Technically, leadership is narrowing — a likely prelude to second-half downside volatility. … ‘The Smart People are […]
Lyons: Indicator ‘Off The Charts’ Bearish
“Since 1998, the put/call ratio on open interest in OEX options has been considered extremely elevated when it has risen above 2.00. From 1998 to 2011, there were just 6 days when the ratio got as high as 2.00. Each of those days either came in the vicinity of a significant market top or at […]
Kass: Shorting Bonds, Yields Will Rise
“[I am] adding long ProShares Short 20+ Year Treasury (TBF) (inverse bond ETF at $23.91) to my Best Ideas List, as I now expect a steady but slow rise in bond yields over the next few years. … “Growth signposts remain weak –- and this is now well known and grounded in consensus. China and […]
Jakobsen: Sell Stocks, Take Six Months Off
“Investors should sell any equities bought over the past year, hold the proceeds as cash and take a holiday from the market for six months.” – Excerpt contributed by Chad Berger Z-val: Steen Jakobsen Via: Bloomberg Date: 3/31/15 Disposition: Medium-Term Bearish S&P 500 on 3/31/15: 2068 S&P 500 on 09/30/15: 1920 Change: -7.2% Judgment: Right […]
