Will Record Short VIX Position Backfire On Speculators?
Speculators (a.k.a., “dumb money”?) are holding their largest net-short position in the history of the VIX futures contract. Every week, the CFTC releases their Commitment…
Global Stocks Breaking Decade-Long Resistance
The Global Dow Index has broken above its post-2007 downtrend. One theme we highlighted coming into 2017 was the potential chart resistance facing many global…
Another Chance To Hop Aboard The FTSE Bus?
The UK’s FTSE-100 Index is testing the level from which it broke out to all-time highs a month ago. Our final Chart Of The Day,…
The Wait Is Over: 11,250!
While “all” eyes were on Dow 20,000, one broad market index actually registered a meaningful breakout. For the past 7 weeks, the investment world has…
Rebounding Brazil Bounces On Cue
The 12-month re-emergence of the Brazilian stock market continues apace. In a December 23 post, we mentioned that our vote for 2016 global stock market…
Hang Seng Hitting A Hurdle?
Hong Kong’s Hang Seng Index is bumping into potential technical resistance. Of the scores of global equity indices we track, perhaps the most boring has…
An Important Level To Hold Here For The Dollar
The U.S. Dollar is testing the breakout point of its 20-month trading range. On an Inauguration Day in which the overriding theme of the incoming…
Are Large-Cap Growth Stocks Set To Surge?
A potentially very bullish chart pattern has formed in the large-cap growth segment of the market. Strategists seem to be split in terms of the…
Chinese Equity Rally Getting Dicey?
The 12-month, low-volatility rally in Chinese stocks may be in jeopardy. From mid-2014 to early 2016, it was the best of times and it was…
A Huge Potential Tailwind For Bonds?
A record Speculator short position in 10-Year futures could fuel a substantial short-covering rally. One of the most significant developments in the financial markets over…