Sector Spotlight: iShares Nasdaq Biotech $IBB-Preliminary Support @ 244-245
We’ve discussed biotechs a lot lately both here and in our newsletters. They remain a big focus for us as a possible canary, considering their…
ChOTD-7/16/14 Smart Money Index (First Hour/Last Hour Indicator): Trend Turning Similar To 2000, 2007?
Today’s ChOTD looks at an interesting indicator called the Smart Money Index (as coined by Jason Goepfert at Sentimentrader.com). The indicator tracks the timing of…
UPDATE (Mission Accomplished): Dubai Stock Mkt Post-Crash Bounce Reaches 61.8% Fibonacci Retracement (+28%)
On June 24, we posted a chart showing the Dubai Stock Market crashing. We also noted that it was approaching its first major support level around…
ChOTD-7/15/14 Railroads: “The Rodney Dangerfield of Stock Market Sectors”
Today’s ChOTD spotlights a sector that has been one of the best performers of the current cyclical bull market – and also one of the…
ChOTD-7/14/14 Stock Market Bucking Weakest Presidential Cycle Stretch (so far)
At the end of March, we noted that the market was entering its historically worst 2-quarter stretch of the Presidential Cycle (Yahoo Finance covered our charts…
UPDATE: Russia RTS Index: Above Short-Term Target; Threatening Long-Term Trend Change
We last mentioned the Russian Stock Market on May 27. Back then, we noted that the RTS Index had reached the short-term target that we…
Commodity Spotlight: iPATH Copper ETN ($JJC): Showing Initial Signs Of Long-Term Bottom
After falling steadily for 3 years, the iPATH Copper ETN ($JJC) is showing some initial signs of forming a potential long-term bottom. First, $JJC bounced…
ChOTD-7/11/14 High ISE Equity Call/Put Readings On Down Market Days Have Preceded Drawdowns
Today’s ChOTD looks at the International Securities Exchange (ISE) Equity Call/Put Ratio. For those unfamiliar, ISE presents options ratios a bit differently than most exchanges.…
Commodity Spotlight: United States Natural Gas $UNG: Testing Major Support Cluster ~ 22.70
Today’s Portugal “surprise” scare served as a reminder that market catalysts often come out of the blue – or at least off the radar. While the…
ChOTD-7/10/14 Portugal Stock Market In Crash Mode, Down 24% From April High
If a stock market crashes and nobody reports on it, is it still a crash? Today’s ChOTD looks at the recent (and ongoing) carnage in…