U.S. Dollar Rally Experiencing Its First Adversity Despite all the milestones and records taking place this week in the equity market, at home and abroad,…
Home In The Range: A Rare Streak For The Dow
We’ve dedicated several recent posts to the narrow trading range that has characterized U.S. stocks of late. This will (likely) be the final one on…
U.S. Stocks Do Something They Haven’t Done In 60 Years
If you are reading this, you are most likely aware of the milestone achieved by the Nasdaq Composite today. After more than 15 long years,…
Smart Money Options Indicator Now ‘Off The Charts’ Bearish
We have mentioned the put/call ratio of open interest on S&P 100 (OEX) options a handful of times over the past 6 months or so.…
U.S. Stocks Still Spinning Their Wheels
We have spent quite a bit of ink in this blog recently covering various aspects, and potential implications of the ongoing range in the U.S.…
South Korea Joins Asian Equity Party
On December 6, we pointed out a potential “bear flag” in the chart of South Korea’s main stock average, the KOSPI Index. As the name implies,…
Bond/Utility Divergence a Warning Sign…for the S&P 500?
Given their relatively high yields, utility stocks have long been thought of as proxies, or at least competition, for bonds. And while that relationship is…
Bond Bears Need To Step Up Here On November 5 of last year and March 9 of this year, we posted charts of the U.S.…
Value Stocks Get Their Turn To Shine
In early February we highlighted the emerging strength in small and mid-cap growth stocks. After languishing for over a year, they finally experienced breakouts, of…
Similar S&P 500 Ranges Have Always Resulted In New Highs, But…
Yesterday, we looked at the unusual uptick in stock market volatility despite its recent range-bound behavior. Today, we look at the S&P 500′s recent range…