Southeast Asia EM’s Testing Key Breakout Levels
Our focus has been on Asia quite a bit in the past few months with several markets scoring big breakouts or reversals. Two markets to…
Rates ARE Rising: 5-Year Yield Highest In Over 3 Years Fellow contributor and stats guru Ryan Detrick recently reminded me of the Bloomberg survey at the…
Spain: This PIIG Not Yet Ready For Slaughter?
We have posted several times regarding the risky, debt-laden European countries affectionately known as the PIIGS (Portugal, Italy, Ireland, Greece and Spain) several times in…
Percentage of Stocks in a Bear Market: Nasdaq vs. S&P 100 Yesterday, Bloomberg published a provocative article indicating that 47% of Nasdaq stocks were currently…
XOP: It is…The Most Interesting Chart In The World
It is forming a potential short-term head-and-shoulders pattern with a neckline at $73. It once set 2 major long-term highs at $73. It sits on…
Broker/Dealers Break Out; More Upside Ahead
Perhaps no market in recent memory has been so characterized by the theme of “rotational leadership” as the post-2013 rally. Countless sectors and industries have…
Equal Weight S&P 500 Starting To Lag – Shades of 2007? Another divergence post? Yes, sorry, we know it is getting mundane. However, we post…
Commodity Spotlight: Oil Ready To Stop Getting Drilled? On July 23, we pointed out several layers of resistance faced by the United States Oil Fund,…
Stocks Hit 6-Year High In…Japan?
Quick, name the country whose stock market hit a 6-year high yesterday. OK, besides India…and Argentina. Believe it or not, it is Japan, at least…
UPDATE: Taking Partial Profits In High Yield Short On August 15, we outlined our longer-term bearish case toward high yield bonds as well as a…