Stock Market Reaches Key Post-Crash Milestone
The average retest period following crashes similar to that in August have bottomed an average of 27 days after the crash…that would be today. On…
Wal-Mart Has Fallen & Can’t Get Up…But Support Is On The Way
Wal-Mart’s stock has fallen hard this year, with nary a bounce…however, a potentially major support level is approaching. The damage in global equities during the…
Taking A Long Look At Internet Stocks
Given the carnage that unfolded across equity markets during the 3rd quarter, it is difficult to find attractive long setups among the various indices and…
Can The 4th Quarter Save 140-Year “Year 5″ Streak In Stocks?
4th quarters in years ending in “5″ have typically been big…but will it be enough to save 140-year streak of positive “year 5′s”? Way back on January…
Key Global Equity Index Has Fallen Off The Precipice
On September 8, we posted a chart showing how a key worldwide equity index – the Global Dow – was “hanging on the precipice”. To…
U.S. Stocks Facing Their Biggest Test In 8 Years?
Broad-based Value Line Composite testing mega-critical level. The Value Line Geometric Composite (VLG) is an unweighted average of roughly 1700 U.S. stocks. This makes it,…
Margin Debt Drops: Healthy Pullback, Or Budding Headwind?
Pullback in Margin Debt is healthy…unless it signifies the start of a larger decline. In our post yesterday on household stock investment, we discussed what…
Household Stock Investment Was Near 15-Year High Entering 3rd Quarter
Elevated investment level means households likely took the brunt of the 3rd quarter correction. For those following the Federal Reserve’s “Households and nonprofit organizations; directly…
Stock Buyback Binge Continues
Extension of ZIRP suggests company share repurchases will remain elevated…but will the correction have an effect? One contingent that was particularly happy to see the…
Materials Stocks Testing Critical Level
On July 31, we posted a piece suggesting that the basic materials sector was threatening a material breakdown. Our rationale was the proximity of the…