Given the ubiquitous media attention, the investment world appears to be fixated on the possibility (and inevitability?) of the Nasdaq’s return to its 2000 record…
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Indian Stocks May Be In For Breather After Banner Year
Almost 1 year ago, we issued a Chart Of The Day on India’s main stock index, the S&P BSE Sensex. After topping out near the…
UK’s FTSE-100 Ascends Above 6900 For 1st Time Since Y2K
Over the past 2 years, there has perhaps been no trickier equity index worldwide than the London FTSE-100. After topping out at the same proximate…
Moment Of Truth For Mirror Image Swiss Stocks, Franc Post De-Peg? The Swiss National Bank sent ripples throughout the financial world on January 15 when…
Broad Stock Index Breaking Above 3-Decade Triple Top?
Back in July we posted a provocative chart of the Value Line Geometric Composite (VLG). The VLG is a broad index of approximately 1800 stocks…
Fewer Stocks Contributing To Nasdaq Highs
With all eyes focused on the Nasdaq approaching its 2000 highs, one aspect of its recent ascent may be overlooked. There are fewer and fewer…
Does Lack Of Volume Matter At New Highs?
Volume has long been a topic of debate on Wall Street. Some folks argue that elevated volume is needed to “confirm” price moves. Others say…
Gas Prices Far Outpacing Crude: Blowoff Top or Long-Term Bottom?
If you’re like us, maybe you wonder why gas prices always seem to go up a lot faster than they come down. That’s our anecdotal…
LUV Southwest Airlines’ Double Since Last Valentine’s Day A year ago, our Chart Of The Day was Southwest Airlines, in honor of Valentine’s Day (you…
Key Market Gauge Hits All-Time High
You’ve heard me mention many times that we consider breadth, i.e., the number of stocks advancing versus declining, to be an important barometer of the…