No Evidence of Froth In Penny Stocks There is certainly no shortage of excessive behavior in the financial markets right now, from equity valuations, allocations…
Updates & Accountability Check
It seems to be the case on financial social media — and perhaps media in general — that the half-life of a post, tweet, story,…
CAPE Fear?: Using 5-year average earnings only slightly lowers valuations
There’s been a bit of a firestorm in recent days regarding CAPE, or Cyclically Adjusted Price to Earnings Ratio, at least in the amusing world…
V-Bottoms Part 2: The Aftermath-What To Expect On Tuesday, we discussed the stock market’s new found propensity to form V-Bottoms over the past few years.…
SPY Volume Extremely Skewed On Down Days We don’t typically pay a whole lot of attention to volume unless we see some anomalous behavior going…
Commodity Spotlight: Besieged CRB Index At Key Level
After a strong performance in the 1st half of the year, the Reuters-Jefferies CRB Index has been under significant pressure lately. It is down 8% in…
The V-Bottom Is Still In Fashion Back in February, we posted a chart on a new fad that was all the rage on Wall Street:…
Divergence in discretionary vs. staples stocks a red flag After a brief pause on Friday for Mr. Putin’s VIX day-trade, another V-bottom continues apace in…
High yield bonds: the bear battle begins Perhaps no other market symbolizes this unprecedented central bank induced yield-reach era more than the high yield bond…
Berkshire Hathaway is breaking out…bad news for stocks?
Sounds crazy, I know – that a stock breaking out might be sending a bearish signal for the stock market. It probably sounds particularly heretical…