Nikkei Passes 1st Test Of Broken Epic Trendline
15 months ago, we “stuck a fork” in the Japanese Nikkei 225′s legendary 20-year down trendline; this past week, the index underwent (and passed) its first…
15 months ago, we “stuck a fork” in the Japanese Nikkei 225′s legendary 20-year down trendline; this past week, the index underwent (and passed) its first…
The nature of the bounce in transportation stocks over the past month suggests a potential re-test of the January lows. Back on January 21, we…
Based on the chart of the KBW Bank Index, Jamie Dimon’s decision to purchase shares of JPMorgan may have been well timed. The buzz surrounding…
The correction in the equity markets has brought the S&P 500 down close to a confluence of key technical levels. People ask us all the…
The stock markets of the so-called PIIGS are breaking down on an absolute and relative basis – not a positive development for global markets. The…
An indicator based on the first hour versus last hour of stock trading has undergone a shift similar to those seen at the prior 2…
The relatively few leaders (aka, “generals”) that had been propping up the indexes are being systematically taken out. “The way we see it is that the 6-year…
While the broad stock market has been getting hammered, the utility sector hit a 52-week high this week – and achieved a significant relative breakout.…
This beleaguered Latin American index is testing the 2008 lows. Stocks around the globe have had a rough start to 2016. For one region, though,…
A key index of global shipping prices is nearly 50% below its previous record low level. We swore we wouldn’t devote any more Charts Of…