The Nasdaq 100 has never had a run of strong closes like it is currently demonstrating. If it seems like the stock market has had…
Dana Lyons
Basic Resource Stocks Clear Another Major Hurdle
Basic resource stocks continue their strong rally, breaking a 9-year downtrend. We have mentioned on many occasions the recent relative strength shown by stocks…
The Trump Card
Perhaps ironically, the stock market may be more inclined to undergo a long-needed unwind of its excesses and in quicker fashion under the new,…
Are Materials Stocks Building Foundation For Major Breakout?
A potentially bullish long-term pattern has developed in the basic materials sector. Among the main beneficiaries of the post-election “Trump Trade” has been anything related…
The “Other” Dow Theory Is Waving A Red Flag
While the Dow Industrials remain near all-time highs, the Utilities are well off of their highs; this has signaled trouble in the past. …
Does Stocks’ Buoyant January Mean Smooth Sailing For 2017?
The S&P 500 never traded below its 2016 closing price during January; prior such cases have been very positive harbingers…mostly. January was an…
Big Test For Small ‘Risk-On’ Leader
Small-Cap Pure Value stocks – a fair barometer of investor risk appetite – are testing key support. As affirmation of a rising stock market, one…
Will Record Short VIX Position Backfire On Speculators?
Speculators (a.k.a., “dumb money”?) are holding their largest net-short position in the history of the VIX futures contract. Every week, the CFTC releases their Commitment…
Global Stocks Breaking Decade-Long Resistance
The Global Dow Index has broken above its post-2007 downtrend. One theme we highlighted coming into 2017 was the potential chart resistance facing many global…
Another Chance To Hop Aboard The FTSE Bus?
The UK’s FTSE-100 Index is testing the level from which it broke out to all-time highs a month ago. Our final Chart Of The Day,…