Indian Stocks At A Crossroads
The resolution of the Indian stock market’s current test of resistance could set the stage for either a run at all-time highs, or a test…
Global Equities Stake Key Technical Ground
The global equity market had a big week, arguably overcoming key levels of technical resistance…for now. Much of the ink in this space over the…
Did THIS Just Breathe New Life Into The Bull Market?
The NYSE advance-decline line closed at a new all-time high yesterday; will that breathe new life into the bull market, or is the bull still…
Have Oil Stocks Recovered Their “Line In The Sand”?
A key index of oil stocks has moved back above its (temporarily broken) 30-year up trendline…for now. “If the XOI can reclaim that broken trendline,…
Is Tail Risk Really At An 18-Month Low?
The CBOE SKEW Index just closed at its lowest level since October 2014 – but is tail risk in the stock market really that low?…
Loonie Rally About To Hit The Brakes?
The brisk 3-month rally in the Canadian Dollar has brought the currency back to the 2015 breakdown level of decade-long support. We don’t typically cover…
Still Finding “Utility” In Defensive Sectors
After breaking out to an all-time high last month, the Dow Jones Utility Average rebounded successfully off its first test of the breakout level. Just…
High Beta Stocks Losing Their Momo
High beta stocks recently hit a wall of resistance – and lost. The theme of many of our equity posts over the past 2-3 weeks…
What Does Record VIX Deflation Mean For Stocks?
The S&P Volatility Index recently dropped at a record pace off of its February highs; is this good news or bad news for stocks? This…
European Equities: Rolling Over…Or Overdue?
European stocks just set an ignominious record. In terms of global reach, the post-February equity rally has been a fairly broad advance. Some markets, most…