Just Your “Average” Stock Pullback?
An index measuring the performance of the “average” stock in the market bounced precisely at a key support level. We dedicated several posts last week…
Thank You
This weekend, we want to express our gratitude to all of the members of America’s armed forces, past and present. We especially honor those who…
Indian Stocks Finally Join The Breakout Party
The Indian stock market finally broke above the down trendline stemming from its early 2015 highs, a positive development in the near-term. If there was…
Rally In High Beta Gets Back On Track
As with several other key sectors, the action in high beta stocks the past few days suggests a successful test of its early April breakout…
Stock Bulls Make Important Stand
The Global Dow – among other indices – successfully defended its breakout level of last month. About 6 weeks ago, we suggested that in order…
Options Traders Continue Their Unusual Hedging
While the stock market saw big gains yesterday, one options exchange reported a near-record level of relative put buying. One of the recent themes that…
A Peculiar Large Cap Top?
An index of the largest stocks in the market just formed an apparent triple top – but is it a legitimate concern? One topic on…
Rate Hike? This Chart Says Don’t ‘Bank’ On It
Bank stocks spiked on rate hike speculation; however, potential chart resistance suggests their upside may be limited. The big news in the markets this week…
12 Months Of “Close But No Cigar” In The Stock Market
While it’s now been a year since the Dow’s last 52-week high, it has actually remained almost record-breakingly close to that high for the past…
Heavy Metals Sending A Warning To Economy, Markets?
The prices of industrial metals have dropped to a near-record low level relative to precious metals, a trend that has had larger negative consequences in…