UPDATE: Biotech Index $BTK Rejected @ 78.6% Fib Retracement; Last Hurrah or Bubble Reinflating?
Last we posted on Biotechs (June 10), the Biotech Index ($BTK) as well as ETF’s $IBB and $XBI had rallied right to their respective 61.8%…
StOTD-6/25/14 Worst Qtr US GDP Print Not Accompanied By Recession Was -1.54% in 1Q 1956 (1Q 2014 Was -2.96%)
For chart and more color, see the ChOTD.
ChOTD-6/25/14 U.S. Real GDP: -2.96% Ann Rate Almost Twice As Bad As Worst Ever Print Not Accompanied By Recession (Updated)
We take a break from the low volatility chart-fest to present today’s ChOTD: Quarterly U.S. Real GDP (Un)Growth. Contrary to most mainstream media pundits and…
Market Spotlight-Dubai: Crashing; Approaching 1st Major Support [UPDATED]
As readers have no doubt heard (or perhaps not), after ripping over 300% the past 2 years, the Dubai stock market is now crashing. It…
StOTD-6/24/14 Nasdaq 100 June 20-23 Range Of .35% Was Smallest 2-Day Range Ever, By Far (prev low=.46%,9/18/12)
See also today’s ChOTD for more color on this stat.
ChOTD-6/24/14 Nasdaq 100: June 20-23 Range Smallest 2-Day Range Ever…By Far
Well, it took all of 24 hours to break our pledge not to post any more on the current low volatility market environment (though, we…
ChOTD-6/23/14 Nasdaq Volatility Index $VXN: 2nd Lowest Close Of All-Time
Today’s ChOTD continues what has become a redundant theme of “low volatility” charts. We’d like to say this will be the last volatility-related post, but…
ChOTD-6/20/14 China Shanghai Composite: Volatility Lowest Since 2001 (big move pending?)
The U.S. isn’t the only country witnessing low volatility markets currently. In China, the Shanghai Composite is currently exhibiting the lowest level of volatility since…
StOTD: On 6/18, Canada’s S&P/TSX Composite Closed At An All-Time High For The First Time In 6 Years…To The Day
On Wednesday, June 18, Canada’s S&P/TSX Composite closed at 15,109.25. This was its first new all-time high In 6 Years…to the very day. The previous…
ETF Spotlight: Technology SPDR $XLK Closed At Exact 50% Retracement Of 2000-02 Decline
On Wednesday, the Technology SPDR ($XLK) closed at 38.42. That marked an exact 50% retracement of the 2000-2002 decline, to the penny. While we don’t…