Capitalogix Commentary 04/24/09

How much is a Trillion? If you were paid a dollar per second, it would take you 31,709 years to earn a Trillion dollars.

If you are more graphic,

How Much is Trillion 600p

this link will show you how much it is in more detail.

To put things in perspective, now think about Bailout … or that the IMF released its Global Financial Stability Report this week; and it's projecting total losses from the global financial crisis to reach $4.1 Trillion.

This Week's Market Charts.

The Markets held up nicely after a sell-off early last week.  Technology is still leading and the Dow has been lagging a little.  Other things nagging at me about the rally is that momentum is fading and volume hasn't been great.  Here is a chart showing how the Dow is positioned at key support and resistance levels.

090424 Dow at Key Level

Trader's Narrative had a chart that caught my eye. It shows that the short term moving average of the CBOE (equity only) Put-Call ratio is still quite low, corresponding to market tops. Adjusting for the upward sloping range of the data we find it at a similar level to October 2007.

0904 5 Years of CBOE Put-Call Ratio

Business Posts Moving the Markets that I Found Interesting This Week:

  • Microsoft Disappoints A day after Apple Didn't. (BW)
  • Amazon Net Jumps 24%, Resisting Recession (WSJ)
  • Hope, Greed and Fear: The Psychology Behind the Financial Crisis (Wharton)
  • An interactive map of vanishing employment across the country.(Slate)
  • Second Market: A New Form of Public Offering Is Emerging (A VC)
  • More Posts Moving the Markets.

Lighter Ideas and Fun Links that I Found Interesting This Week

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