Despite yesterday’s rally, New Lows made 52 week highs
In the midst of the moonshot stock rally yesterday, something unusual happened. The number of New Lows on the NYSE (and Nasdaq) expanded to a…
Another Tragedy Unfolding In Greek Stocks
Yesterday, we published a post titled “The PIIGS Are Starting To Squeal Again”, noting the deterioration in the peripheral European stock markets. Of the PIIGS,…
Oil $ Gas ETF Head-&-Shoulders Target Achieved In a September 15 post, we labeled the SPDR S&P Oil & Gas E&P ETF (XOP) the “most…
Updating The Most Significant Chart Event Of This Era
Back on July 2, we posted a Chart Of The Day which we ridiculously titled “The Most Significant Chart Event Of This Era?”. The subject…
My401kPro: October Update!
My401kPro’s October update is in. Check out the Commentary, current Equity Allocation and your Fund Rankings: www.My401kPro.com.
The PIIGS are Starting to Squeal Again Cue the hideous techno-80’s music and roll the credits – the European vacation is over. We warned on…
Surprise! International Stocks are at a 52-Week Low
We have published quite a few posts covering international stock markets over the past several months. Most of these posts have been cast in a…
Yesterday’s S&P 500 Reversal Has ZERO Historical Significance
Yesterday’s action in the stock market has generated plenty of speculation regarding a possible bottom following the recent weakness. This stems from the reversal in…
Nasdaq Divergence Suggests More Weakness But Bottom Near
Yes, yet another divergence post. We’re trying to stay away from them but some developments are just too noteworthy to ignore. Yesterday, we looked at…
A Bittersweet Setup For Cocoa?
Unlike many commodities that have been getting crushed lately, Cocoa has been able to avoid the meltdown (so to speak). Through September, the iPath Cocoa…