Entries by David Littlejohn

Round Numbers

July 7, 2014 Hope everyone enjoyed a fantastic holiday weekend.  The markets certainly enjoyed a short holiday week.  The all-time highs in the DOW and S&P echoed that. The markets will likely be watching the language out of the FOMC report release on Wednesday looking for interest rate cues.  We could see a bit of […]

Chug Chug

July 2, 2014 We’re probably not going to see the S&P500 over 2000 this week — but I’ll be surprised if we don’t see the DOW over 17,000.  This market has been like the little engine that could: it thinks it can, so it keeps on climbing.  With only two trading days left this week, […]

Groundhog Week

Tuesday July 1, 2014 So basically we’ve traded in a 6 point range since June 18th now.  If you carve out the 24th and 25th — which was a drop followed by a recovery — and the 26th which had broader intra-day range — we’re more or less trading between 1957 and 1963.  How’s that […]

Half Way and a Holiday

Monday June 30th, 2014 Today marks the mid-point for the markets in 2014.  After today’s close, we’ve officially booked half the year.  Now what? Based on the economic calendar it looks like Tuesday may be the day for volatility.  The ISM Manufacturing Index will be released at 10am EST.  Since we’re seeing signs of legitimate […]

Doldrums…

Thursday June 26, 2014 Again, the 1950 are was the Tuesday magnet.  As the S&P500 approached 1970 (with a rather significant technical pivot at 1972 or so), it failed to push higher and slid back down below the 1950 level.  Wednesday was a climb back up to 1959 by the close.  The technical pattern is […]

Daily Digits

Weekly Estimated Range IMPORTANT DISCLOSURE INFORMATION Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by […]

Rise over Run

June 19, 2014 Now that the Fed has once again assured the markets it will be as forthcoming as possible about forward guidance and expectation management, the markets can continue to climb up their wall of worry. Earlier this week I think the markets had their ‘tell’ in terms of what folks are really watching: […]

Daily Digits

Tuesday June 17, 2014 DAILY DIGITS WEEKLY ESTIMATED RANGE IMPORTANT DISCLOSURE INFORMATION Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment […]

What’s Wrong is Nothing’s Wrong

Monday June 16, 2014 The pattern bias to this market actually has a slight negative to it.  It’s strange though, since the likelihood that we actually experience a significant pull-back at this point is still seemingly remote.  Each week I try to grind though all the ‘known’ and read between the lines to extract the […]