The dreaded sequestration went into effect on Friday, and the market continues to be nervous about how it will play out.  Market sentiment seems to be that Congress will do little or nothing this month as the first effects of the budget have been relatively mild, like the cancelation of air shows by the U.S. Navy Blue Angels and the U.S. Air Force Thunderbirds. That attitude is likely to change as sequestration cuts begin to affect more sensitive areas like school funding and Medicare. The bottom line is, either Congress and the President will start learning how to play together for the good of the country, or the automatic budget cuts will take effect which will send ripples if not major quakes through the entire economy.

"I have noticed even people who claim everything is predestined, and that we can do nothing to change it, look before they cross the road.” --Stephen Hawking

daniel / Tag: DJIA, Dow Jones Industrial Average, Eurozone, EWG, EWI, EWP, S&P 500, SPX, VIX, VXX / 0 Comments

Bears Snap Out of Snooze, Commodities Get Goosed

by Daniel Sckolnik of ETF Periscope

“I made my money by selling too soon.” -- Bernard Baruch

The sound you may have heard last week was the stirring of the Bears.

daniel / Tag: CBOT, Crude, DJIA, Dow Jones Industrial Average, ETF, GLD, gold, S&P 500 Index, Silver, SLV, SPX, USO, VIX, VXX / 0 Comments

The Bernanke Man Cometh, Part 2

by Daniel Sckolnik of ETF Periscope

“Liking money like I like it, is nothing less than mysticism. Money is a glory.” -- Salvador Dali

Man, there’s a lot of Bull going on out there in EquityLand.

daniel / Tag: Ben Bernanke, BLACK SWAN, DJIA, Dow Jones Industrial Average, ETF, FED, TVIX, VIX, VXX, VXZ / 0 Comments

The Bernanke Man Cometh

daniel / Tag: Ben Bernanke, DJIA, Dow Jones Industrial Average, ETF, FED / 0 Comments

Slick Trade for a Sideways Market

by Daniel Sckolnik of ETF Periscope

“After a certain point, money is meaningless. It ceases to be the goal. The game is what counts.” -- Aristotle Onassis

Blame it on Libya.

daniel / Tag: Crude Oil, DJIA, Dow Jones Industrial Average, ETF, S&P 500 Index, SPX, USO, VIX, VXX / 0 Comments

Markets Slip and Slide on an Oily Sheen

by Daniel Sckolnik of ETF Periscope

“If all the economists were laid end to end, they'd never reach a conclusion.” -- George Bernard Shaw

The equity markets are poised for the next leg up of their recent bull run.

Oh, wait.

The markets are about to be slammed down back to the Stone Age.

Are the Markets Draped in the Emperor’s New Clothes?

by Daniel Sckolnik of ETF Periscope

“Get your facts first, then you can distort them as you please.” -- Mark Twain

What exactly are the equity markets on, anyway?

Bulls Gone Wild

daniel / Tag: BLACK SWAN, DJIA, Dow Jones Industrial Average, ETF, IYZ, PRN, S&P 500, SPX, VXF, XBI / 0 Comments

Of Black Swans, Market Meltdowns and ETF Hedges

by Daniel Sckolnik of ETF Periscope

A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty.” --  Winston Churchill

The markets are standing firmly on some shaky ground.

Pages