As you can see from twitter link below, Until April 2018 ASHR returns were similar to SPX, HSI and HSCE which fitted inside of the cluster number 1. Today it is relevant to point out that this is not the case. I can picture 3 more clusters which the develop during the last months. Cluster Number 2 is
The SPX’s low from yesterday was not taken today in a volatile day. The VIX printed a new high this week. On the other hand, other international indexes appear stronger. The House of Representatives on Thursday delayed a vote on legislation to begin dismantling Obamacare as President Donald Trump and leaders in Congress labored to
It is important to remember that when you buy a stock you are buying present value of future earnings. Now with expected negative earnings for 2015 its time to keep cash. In the last half-hour, Chinese government did not step in to buy stocks, stocks tanked. Now we are trading a pattern of Lower Highs
Asia and USA flat on the day and Europe closed +2% on the day. Hang Seng Futures marked lower lows, EuroStoxx marked higher highs and SP futures marked a higher high while closing at 0.03% A plunge in biotech shares pushed the S&P and Nasdaq lower. The dollar gained, while treasuries and gold dropped as




