Heavy Selling For Such A Small Loss
On the surface, yesterday was a pretty nondescript day in the U.S. equity market with the major averages showing slight gains or losses. About the…
2000 High In The Nasdaq 100 May Be A Ceiling As Well As A Target All the hoopla in the financial media of late surrounds…
The S&P 500-VIX Standoff – Part 2
Earlier this month, we looked at the circumstances present at the time whereby the S&P 500 and the VIX (S&P 500 Volatility Index) were both…
Why Nasdaq’s Record Hot Streak May Be Near-Term Downer
Given the ubiquitous media attention, the investment world appears to be fixated on the possibility (and inevitability?) of the Nasdaq’s return to its 2000 record…
Indian Stocks May Be In For Breather After Banner Year
Almost 1 year ago, we issued a Chart Of The Day on India’s main stock index, the S&P BSE Sensex. After topping out near the…
UK’s FTSE-100 Ascends Above 6900 For 1st Time Since Y2K
Over the past 2 years, there has perhaps been no trickier equity index worldwide than the London FTSE-100. After topping out at the same proximate…
Moment Of Truth For Mirror Image Swiss Stocks, Franc Post De-Peg? The Swiss National Bank sent ripples throughout the financial world on January 15 when…
Broad Stock Index Breaking Above 3-Decade Triple Top?
Back in July we posted a provocative chart of the Value Line Geometric Composite (VLG). The VLG is a broad index of approximately 1800 stocks…
Fewer Stocks Contributing To Nasdaq Highs
With all eyes focused on the Nasdaq approaching its 2000 highs, one aspect of its recent ascent may be overlooked. There are fewer and fewer…
Does Lack Of Volume Matter At New Highs?
Volume has long been a topic of debate on Wall Street. Some folks argue that elevated volume is needed to “confirm” price moves. Others say…