S&P correlations

S&P correlates to several indicators which are interconnected. 1. US economic index since the companies are American 2. The USEI is partially driven by Fed (FOMC) 3. The S&P correlates to USD power and USD/Yen ratio (via carry trade and buyback) The relationship between S&P and Russel2000 is more complex, even though Russel 2000 caught …

Common sense position tactics from Warren Buffett

Warren Buffett, Chairman and CEO of Berkshire Hathaway Inc. (NYSE: BRK-B), was in Detroit last month. The billionaire sat down with Quicken Loans Chairman and Founder Dan Gilbert, along with President and Chief Marketing Officer Jay Farner, for an hour-long chat. When asked about the philosophy that brought him an estimated net worth of about …