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…
A Potential Green Shoot In Wheat Prices?
Wheat prices recently dropped to 10-year lows – but are threatening to pull off a potentially major false breakdown. Just 12 days ago, our Chart…
Can Gold Vault Over This Key Level?
Gold has been on a tear this year, but the yellow metal is presently encountering potential resistance stemming from the 2011 highs. Following more weak…
British Stocks Say ‘Good Riddance’ To EU
U.K.’s FTSE-100 Index is in the midst of a historic run following the Brexit vote – but it is running into multi-decade resistance. The only…
Is Smart Money Holding A Record Bet On Volatility Rise?
Commercial hedgers – who are most often correctly positioned at market turns – are currently holding their largest ever net long position in VIX futures.…
A Big Victory For The “Average” Stock
An index tracking “average stock performance” just achieved an important milestone, surpassing its 2015 all-time high. In what is not our first and, apologetically, likely…