Margin Debt Drops: Healthy Pullback, Or Budding Headwind?
Pullback in Margin Debt is healthy…unless it signifies the start of a larger decline. In our post yesterday on household stock investment, we discussed what…
Household Stock Investment Was Near 15-Year High Entering 3rd Quarter
Elevated investment level means households likely took the brunt of the 3rd quarter correction. For those following the Federal Reserve’s “Households and nonprofit organizations; directly…
Stock Buyback Binge Continues
Extension of ZIRP suggests company share repurchases will remain elevated…but will the correction have an effect? One contingent that was particularly happy to see the…
Materials Stocks Testing Critical Level
On July 31, we posted a piece suggesting that the basic materials sector was threatening a material breakdown. Our rationale was the proximity of the…
European Equities Are On The Ropes
Equity indices across Europe are presently testing critical support levels. Back in June, we wrote several posts indicating the potential for European equity markets to…
“(Not Always) Smart Money” Hedgers Are Record Long S&P 500 Futures
It seems like sentiment indicators used to be more straightforward. That is, when one group of traders or survey respondents were positioned to an extreme,…
My401kPro: September 21, 2015 ALERT!
ALERT! September 21, 2015 – Log in to see My401kPro’s recommended investment changes for your retirement plan: www.my401kpro.com.
Will Yesterday’s Shooting Star Make Bears’ Wishes Come True?
Like it’s bullish counterpart, the hammer, this bearish reversal pattern has been inconsistent in its forecasting abilities, except under certain conditions. We’ve covered the “hammer”…
Another Rising Rates Tale Knocked Down
2-Year Yields see historic drop as Tuesday’s “breakout” once again proved to be a set-up. “Then again, don’t be surprised if the nice-looking chart set-up is…
Even Biotech Bulls Should Be Watching This Level
If there must be a poster child for the 6-year cyclical bull market, it is likely the biotech sector. At least that is certainly true…