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Reversion to the Mean

admin | 8 July 2010

by Jared Levy on July 8, 2010 One of my favorite things to do is observe and sometimes laugh as market pundits (and sometimes that includes me) attempt to explain the reasons why the market does what it does. I woke up Thursday morning to S&P futures again moving higher by seven points and 10-year … Reversion to the Mean

What to Make of Tuesday’s Late-Day Selloff?

admin | 23 June 2010

by Jared Levy on June 23, 2010 The S&P 500 Index has been chugging along to the upside since hitting its most recent low of 1,042 on June 8. At the time, that low was exactly at the lower two-standard-deviation Bollinger band, possibly indicative of an oversold condition. As of Tuesday’s close, we were trading … What to Make of Tuesday’s Late-Day Selloff?