This Indicator Has Led To 70.7% Losses 100% Of The Time
The Chart Of The Day for April 1 reveals one of the weakest historical tendencies we have ever seen. The Nasdaq Composite closed the 1st…
How Likely Are New Stock Highs In April?
With the month of March and the 1st quarter just about in the books, it’s time to take a peak ahead. Spring has arrived and…
One Broad Measure Of Stock Market Health Just Hit An All-Time High
On February 13, we posted a piece noting that the S&P 500 Equal-Weight ETF offered by Rydex (ticker, RSP) had just broken out to a…
Risk Has Begun To Rein
The following piece was originally posted in J. Lyons Fund Management Inc.’s February Newsletter at www.jlfmi.com. Investment in the riskiest assets has been on a…
Spanish Stocks Ready for Another Running of the Bulls?
This week’s downdraft in stocks, particularly in the U.S., has seemed to cast a pall over global equities in general. While we certainly have our…
Gap Widening Between Stocks & CapEx
Reluctantly, we wade into the economic arena with today’s Chart Of The Day. We have discussed the topic of corporate core capital expenditures (CapEx) on…
This shift in a Smart Money indicator may be negative for stocks
The theory goes that trading done in the stock market early in the day is indicative of the eager and emotional “dumb money” reacting to…
A Glimmer of Hope for Oil Bulls
On March 13, we posted a piece on the divergence between the Euro and the Euro Volatility Index (EVZ). The EVZ (like most volatility indexes)…
World’s 2nd Largest Stock Testing Historic Trendline
We don’t often discuss individual stocks, either in our practice or in these pages. So when we dedicate our Chart Of The Day to a…
Signs of Froth in the Biotech Sector
There is a fervent debate in some financial circles regarding the existence – or non-existence – of a biotech bubble. It is a challenging, and…