Today, we continue (and possibly end) our series on market “divergences”. These of course represent a condition wherein one index goes to a new high while…
Tagged Divergence
An Odd Breadth Situation
We’ve written about divergences in breadth (i.e., advancing issues vs. declining issues) on several occasions in the past. These such posts have included breadth divergences…
For Once, A POSITIVE Small Cap Divergence
We spent a lot of “ink” last year talking about the negative divergences among small cap stocks (i.e., small caps struggled while large caps or…
Are Bears Missing The Forest For The Trees?
With all of the concerns that we and others have mentioned recently regarding the current health of the stock market, sometimes the big picture can…
The VIX Is Going The Wrong Way
Whenever I hear the words “you’re going the wrong way”, I immediately think of the classic scene from Trains, Planes & Automobiles when Steve Martin…
Small Caps Finally Join Large Caps At New Highs
On September 4, we explored the fact that despite the S&P 500 trading at a 52-week high, it had been more than 100 days since the…
Another Odd Large Cap-Small Cap Divergence
Another day, another piece of evidence of this strange, divergence-littered market environment. The subject of today’s Chart Of The Day is once again the small…
Broad Market Lagging Behind In Current Rally After a stunning rebound in October, the S&P 500 is back trading at a 52-week high. And you…
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…
Small vs. Large Cap Quarterly Divergence Last Seen in 3Q 2007
The 3rd quarter produced yet another divergence among large and small cap stocks. While the large cap S&P 500 index gained 0.6%, the small cap…