Is Advance-Decline Line Divergence A Big Deal?
Non-confirmations by the NYSE Advance-Decline Line of new market highs have often signaled major trouble for stocks – will it be the case this time?…
Value Stocks Ending 10-Year Drought Vs. Growth?
For the past decade, value stocks have been trending lower on a relative basis versus growth stocks; that appears to be changing. One way in…
Pharma Phall Phinding Phulcrum?
Beleaguered pharmaceutical stocks have hit our targeted downside level that could inspire a bounce, at least. Just as there are leading stocks, sectors, etc. on…
Rising Rates (Really) Reaching Resistance?
The spike in the 10-Year Yield has brought it into a cluster of significant potential resistance stemming back nearly a decade. Today’s Chart Of The…
Will Heavy Resistance Test Mettle Of Steel Stock Rally?
A popular steel ETF is testing a perfect storm of chart resistance. As we let the dust settle on some of the post-election market madness,…
Hi Ho Silver, A-Bounce?
Silver prices are testing a confluence of potential support levels. The big story in financial markets today was the breakout to 13-year highs by the…
Traders Getting A Little Too Comfortable In Stocks?
Near-term volatility expectations have plunged to record lows. Trader sentiment has officially come full circle following the election. On November 1, we observed that “Investors…
Will South Korean Test Be A Red Flag For Global Markets?
South Korea, long viewed as a global bellwether, is seeing its stock market testing major long-term support presently. South Korea has long been considered a…
Will Headwinds Put A Roof On Copper Rally?
Copper prices have been red-hot, but the rally may encounter some challenges here. Of the myriad of markets to scream higher in the week since…
Will Breadth Thrust Launch Stocks Higher — Or Burn Out?
Large, broad stock market rallies like last week’s can either kick-start a major up-move or signify an exhaustive end to a rally. We’ve talked about…