The Black Swan Returns
Airtime: Wed. May 12 2010 | 1:03 PM ET
Insight on the bearish options bets that initially sparked the thousand point decline on the Dow, with Nassim Taleb, “The Black Swan” author.

Airtime: Wed. May 12 2010 | 1:03 PM ET
Insight on the bearish options bets that initially sparked the thousand point decline on the Dow, with Nassim Taleb, “The Black Swan” author.

* Yahoo rises on profit and revenue beat * Johnson & Johnson slips on revenue miss * Automakers rise on Trump meeting * Indexes up: Dow 0.02 pct, S&P 0.12 pct, Nasdaq 0.31 pct (Updates to open) By Yashaswini Swamynathan Jan 24, 2017 U.S. stocks edged higher on Tuesday as investors assessed quarterly earnings, while…

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I’m frequently asked: Is the Market Expensive? Value is Subjective: I believe the answer is very subjective. My standard response is: “Value, like beauty, is in the eye of the beholder.” -Adam Sarhan P/E Ratio: The P/E ratio is a common ratio used to measure a market (or stock’s ) value. The ratio is derived…

This post offers anyone a 25% discount to The Sarhan Analysis

Heretofore, the action since this rally was confirmed on the September 1, 2010 follow-through day (FTD) has been strong but the market action has been wide-and-loose which is not a healthy sign. The S&P 500 sliced below its two month upward trendline (shown above) which is not ideal. The next level of support for the major averages is their September highs, then their respective 200-day moving average (DMA) lines while the next level of resistance is their respective April highs. We have enjoyed large gains since the September 1st FTD and over the past two weeks, the tape remains somewhat sloppy. Trade accordingly.

Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.