The S&P 500 just experienced an unprecedented burst to new high ground; will the move prove to be exhaustive or propel the index even higher?…
Tagged $DIA
Was The 52-Week High Worth The Wait?
The S&P 500 finally hit a 52-week high today for the first time in more than a year; historically, similar waits have led to more…
Dow Industrial-Utility Divergence A Warning — For Bears?
While the Dow Utilities continue to make 52-week highs, it’s been over a year since the Dow Industrials did the same; historically, that has not…
Stocks Entering Best Quarter Of Presidential Cycle…Sort Of
Since 1900, the 3rd quarter of election years has been the best performing quarter, on average, of the entire Presidential Cycle; although more recent results…
Options Traders (Over?) Trim Their Hedges
After displaying extreme caution just a month ago, equity options traders have trimmed back their hedges – perhaps too aggressively. Over the past few months,…
Options Traders Continue Their Unusual Hedging
While the stock market saw big gains yesterday, one options exchange reported a near-record level of relative put buying. One of the recent themes that…
A Peculiar Large Cap Top?
An index of the largest stocks in the market just formed an apparent triple top – but is it a legitimate concern? One topic on…
12 Months Of “Close But No Cigar” In The Stock Market
While it’s now been a year since the Dow’s last 52-week high, it has actually remained almost record-breakingly close to that high for the past…
Stock Options Traders Easily Spooked
Equity put/call ratios have spiked – despite an unprecedentedly small loss in the averages. One interesting development related to the stock market currently pertains to…
Should Investors “Stay In May” This Year?
The old stock market adage “Sell in May and Go Away” has an impressive track record for a seasonality signal; but it may pay to ignore…