March was a tricky month for active investors, as the exhuberance from February dwindled after the first trading day of March. Since that time, the S&P 500 has played ping pong within a wedge formation. For the month, the S&P 500 was down 1.74%. This sort of up and down price action isn’t new to investors. In fact, if you look at the past 4 or 5 months, it’s pretty much par for the course. So after a down January, up February, and down March…Â the S&P 500 ended the first quarter up 0.4%.
And April is up thus far… zig, zag, zig, zag. Rinse, repeat.
Digging a little deeper, there have been some really interesting battles going on in the rotation game amongst stocks, bonds, and commodities. And much of it due to the ongoing global currency wars. Stocks appear to be tied to global capital flows, while the bond market is staying elevated with the help of some unspectacular economic data. Also, the US Dollar finally let off the gas pedal, allowing commodities to catch a bid (and Emerging Markets). April should be fun!
But those observations only scratch the surface. There was so much more going on in the markets and much of it was captured on See It Market. I hope you will take a few moments to review some of our best research posts from the month of March in our latest installment of The Best of See It Market. This is your chance to check in on our work – please feel free to provide feedback/comments any time. We greatly appreciate your readership.
Stocks & Bonds:
- Secular Bull Market Study: How Long Before A Bear Market?  by SHELDON MCINTYRE
- Of Bonds And Bubbles: Credit Market Strong Despite Naysayers by FIL ZUCCHI
- Biotech Sector (IBB): The Anatomy Of A Blow Off Top  by DRASKO KOVRLIJA
- The Amazing Run In Biotech Stocks by BEN CARLSON
- Caution: These Two Market Leaders May Be Topping by CHRIS KIMBLE
- Four Indicators To Watch For Market Divergence  by BRAD TOMPKINS
- NASDAQ 5000: A Look At The 2000 Market Top vs 2015 by ANDREW NYQUIST
- Why A Chipotle Stock Top May Be In The Works  by JAMES BARTELLONI
- Why Best Buy (BBY) May Be Running Out Of Steam by AARON JACKSON
- Market Volatility: The 1st Quarter By The Numbers by DAVID FABIAN
- Market Musings: All About The Benjamins by DAVE BUDGE
- March Federal Reserve Meeting: Economy Slowing, Party On by JEFF VOUDRIE
- Why Options Traders Need To Be Mindful Of Skew by DAN NEAGOY
- Is The Russell 2000 Poised To Rollover?  by TRADING ON THE MARK
Currencies  &  Commodities:
- The Euro Stabilizes At Bottom Of Bear Channel by CHRIS BURBA
- US Dollar: Indicator Most Overbought In 15 Years by KOREY BAUER
- Inside The Dollar’s Big Drop And What To Expect Next  by MIKE ZACCARDI
- Precious Metals Report Card: Gold And Silver by DAVID BUSICK
- Silver Prices, Sentiment Trying To Bottom by ANDREW THRASHER
- Why This Commodities Bust May Test Investor Patience by JONATHAN BECK
Must-Read Education:
- Why Market Ratios Deserve A Place In Your Trading Toolkit  by SAL CILELLA
- Understanding The Uncertainty Of Our Market Predictions  by ADAM GRIMES
- Why Core Tier 1 (CET1) Is Important To Banks And Investors by ALLAN MILLAR
- Top Trading Links – The Best Of The Financial Web by AARON JACKSON
Look for another installment of “The Best of See It Market” next month. Thanks for reading.
Twitter:Â Â @seeitmarket
