Regional Banks Bumping Into Stiff Resistance
Regional banks have been on a run of late, but are encountering resistance stemming from 2011. Over the course of the post-February stock rally, the…
Here Comes The Rising Rate Ruckus Again
Short-term rates are testing their near-term and looong-term downtrends. “Test Week” concludes with a look at the interest rates. In late July, we noted the…
No Complacency Among These Equity Options Traders
Unlike many of the sentiment indicators we’ve looked at recently, traders on one options exchange recently exhibited a record show of nervousness. We’ve written a…
Brazilian Stocks Trying To Clear Major Hurdle
As the Olympics were kicking off, the Brazilian Bovespa scored a key breakout; with the Games wrapped up, the index is testing that breakout point.…
REITs Fight To Maintain Key ‘Real Estate’ On Their Chart
After breaking out of a massive cup-&-handle formation last month, REITs have returned to test that breakout level. Early on in the week, a theme…
German Stocks Try To Defend Key Breakout Level
The German DAX scored a big technical breakout 2 weeks ago; it is now undergoing a critical test of that breakout level. As U.S. equity-centric…
Investor Complacency Is Smashing Records
Near-term volatility expectations are currently on a stretch of unprecedentedly low levels. About a month ago, we began to take note of investor complacency creeping…
Utilities Continue To Follow The Road Map
Utility stocks have been unusually responsive to key chart levels recently. As money managers who rely quite a bit on the charts, it’s always comforting…
Can Broker Stocks Finally Get Past The “2-Step”?
One of the few sectors that has shown little inclination to participate in the equity rally – broker-dealers – has an opportunity to gain some…
This Emerging “Bear” Market Is Back At All-Time Highs
Russia’s MICEX Stock Index closed at an all-time high for the first time in 9 years. One of the dynamics that has allowed the global…