SOTD-4/8/14 1st Time S&P 500 Dropped > 1% on Consecutive Friday-Monday Since October 2011 Market Low
Both this past Friday and yesterday, the S&P 500 dropped more than 1%. This marks the 1st time since the market low in 2011 (September 30 and…
ChOTD-4/8/14 Penny Stock Dollar Volume Spikes to non-2000 Record High
In March, dollar volume traded in OTC Bulletin Board stocks, or Penny Stocks, reached an all-time record (outside of the 1st quarter of 2000). With…
S&P 500: Upper-1830’s 1st Near-Term Support Level of Significance
Key short-term Fibonacci Retracement lines from the October and February lows, the 50-day SMA and the pivot level between the December-January tops and the February-March…
SOTD-4/7/14 NYSE & Nasdaq Advancing Issues Dropping Each Day, Mon-Fri
Today’s Stat Of The Day is interesting and surprising…though perhaps not especially helpful. Last week, there were fewer advancing issues on both the NYSE and…
UPDATE: Australian Dollar ($FXA) >93, Up 3% Since 2/19 ChOTD “Bottom” Post
On February 19, our Chart of the Day was the potential bottom in the CurrencyShares Australian Dollar ($FXA). Since then, FXA is up 3% and hit…
ChOTD-4/4/14 Canadian Dollar ($FXC) Putting In A Bottom?
Following the Australian Dollar’s example (up 2% since our 2/19 post), the CurrencyShares Canadian Dollar ($FXC) may be in a bottoming process. After a false breakdown…
Employment:Population Ratio Suggests Underlying Labor Market Weakness Our standby “Jobs Friday” chart once again shows that while there has been improvement in the unemployment rate…
Italian Stocks: Long-Term, still buono; Short-Term, may pause here
We’ve been touting the move in Italian stocks all year as they have been essentially bulletproof. There are a few minor concerns in the short-term…
ChOTD-4/3/14 S&P Latin America: Hitting Picture Perfect Fib Retr Cluster; Will Hopeful Buyers Get Their Pullback?
We wanted to post about the turn in Latin American stocks for the past month but never got the chance. In January, a false breakdown…
ChOTD-4/2/14 PowerShares Agriculture $DBA: Double Inside Week @ Major Fib Retr Cluster
The PowerShares Agriculture Fund ($DBA) is forming a double inside week (and possible bull pennant) right at a major Fibonacci Retracement resistance cluster from the…