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2015 Market Outlook

I will start my investment blog with my overall market outlook for 2015.

1) S&P500 will close above 2120. (about a 3% increase from 2,058.90).   I expect high volatility this year with oil price fluctuations, interest rate increase, political unrest (e.g. 194 more words

2015 Outlook

2015/1/22 - Exuberance Prevails After ECB Goes All-In

At last, ECB did it, launched the bazooka everyone’s been waiting for. It’s not just a regular missile, but they went nuclear. As WSJ put it, changed the ball game of CBs. 381 more words

Stock Indices

2015/1/15 - US Equities: This Time is Different?

15/1/15 truly is a historic day as someone in my office dubbed it. It took me sometime to digest the implications of SNB’s unpeg vs the EUR, as 1) there were chatters numerous macro funds blew up as a result of the EURCHF trade (many were levered long at 1.2 assuming there is zero probability of loss), and have to liquidate other holdings (e.g. 297 more words

Stock Indices

2015/1/13 - XLF : Most Vulnerable Sector

The US Financials have been the laggard since December due to uncertainty with ECB and Greece, and technically is the closest to its Dec swing point and  H&S shoulder neckline relative to the likes of SPY, DIA. 46 more words


S&P Bank ETF Just Erased 18 Months of Gains

Wall Street’s most notorious financial engineers aren’t getting any love from investors lately.

The SPDR S&P Bank ETF (NYSEArca: KBE) just slipped to the lower end of an 18-month trading range, again. 193 more words


Buying a Bank Stock? Read This First

By David Nelson, CFA

They have the same tickers and familiar logos but banks sure aren’t the same companies of years past. Gone is the staggering Return on Equity (ROE) and huge trading gains that became the hallmark of firms like Goldman (GS), JP Morgan (JPM)* and others. 824 more words

David Nelson

Simon Says: SPDR S&P Bank ETF (KBE) Gnawing on Key Resistance

The Financial Select Sector SPDR ETF (NYSEArca: XLF) has been leaping from one new recovery high to the next.

But its Wall Street cousin, the SPDR S&P Bank ETF (NYSEArca: KBE), has been stuck in a 12-month trading range. 225 more words