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As the quick rise and now slide in Citigroup's Economic Surprise Index in 2012 begins to...

  • Wednesday, April 25, 2012, 11:35 AM ET
    As the quick rise and now slide in Citigroup's Economic Surprise Index in 2012 begins to resemble 2011, Bespoke notes the similarity in the S&P price action between this year and the last. If the pattern continues to hold, selling in May and buying back after Labor Day may work out nicely.
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This news story has 3 comments:

  •  
    But last year we had:

    -- Japan earthquake in March
    -- Thailand floods July+
    -- End QE2 in June
    -- U.S. debt default fears in July
    -- U.S. ratings downgrade in August

    What's going to make this year look like last year?
    25 Apr 2012, 11:50 AM Reply Like
  •  
    Iran
    Hollande and the Euro
    Obama's re-election
    Major hurricane overdue for the Gulf
    Election year lawsuits and regulations

    I am long TZA and will buy SDS on today's dip
    25 Apr 2012, 12:06 PM Reply Like
  •  
    TZA is a sure way to lose money irrespective of where the market goes. But the economic surprise index has rolled over and seem like Deja 2011.

    Yes the earnings picture is different.. but macro is the same.
    25 Apr 2012, 12:11 PM Reply Like
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