A Really Big Stock Index Is Hitting Resistance
The broadest U.S. stock index has reached an area of significant potential resistance. This will be our last in a series on major U.S. stock…
Is The Stock Rally Getting Too Complacent?
Data from the volatility market suggests that expectations in the near-term may have finally gotten a bit too complacent. For the duration of this post-February…
Have The Dollar Excesses Been Worked Off Through Time?
While the U.S. Dollar has suffered very little price damage since topping a year ago, “smart money” commercial dealers have unwound much of their record short…
Another Major Index At A Crossroads
As with many indices we’ve mentioned recently, the NYSE Composite has rallied up to a potentially significant convergence of resistance. Continuing with the weekly theme…
Mid-Cap Stocks Running Into Wall Of Resistance
The S&P 400 Mid-Cap Index is presently hitting a converging quintet of potential resistance layers. The stock market is presently at a very interesting juncture.…
Calmer Days Ahead For Oil Prices?
The Oil Volatility Index convincingly broke below its post-2014 Up trendline today; that could mean less volatility ahead for oil prices. Volatility indexes have become…
“Average” Stock Index Facing Key Test
Many of the major averages are facing areas of key resistance in their post-February rallies – including the Value Line Arithmetic Index. About a week…
Global Stock Gauge Testing Key Breakdown Level
After rallying off major support for the past month, the Global Dow Index is testing its key January breakdown level. Money managers and strategists all…
Enjoy A Cup (And Handle?) Of Coke
The stock of Coca-Cola is breaking out to all-time highs – and out of a potentially bullish long-term pattern. Readers may be aware of our…
Options Traders Head For The Hills
Call buying of stock options has been extremely subdued relative to puts recently – typically a bullish contrarian signal; however… We are not the first…