Since 1929, the Dow Jones Industrial Average has rarely ever been so close to a 52-week high while the Dow Transports AND Dow Utilities were…
Tagged $^DJIA
Dow Divergences Part 3: The Double Dose
Today, we wrap up our mini-series on divergences among the Dow Jones indices. In previous installments, we learned that large negative divergences on the part…
What Is The Grand-Daddy Of Divergences Telling Us Now?
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…
Dow Divergences Part 2: Utilities
This is part 2 of our series (or mini-series…TBD) on divergences. As we stated yesterday, divergences (in which one index achieves a new high whereas…
Dow Divergences Part 1: Transports
Divergences are one of the most oft-cited arguments in calling tops. They are also perhaps the least accurate. That’s because divergences (whereby one index reaches…
Despite Historic Compression, Stocks Remain Range-Bound
On April 24, we posted what we thought (and hoped) would be our final post concerning the stock market’s lengthy trading range. In the post…
May Has Become The (short-term) “Toppiest” Month
Yesterday, we looked at the “Sell In May & Go Away” phenomenon, with a couple new twists. With many seasonality-type indicators or trends, it is common…
A Few Twists To The “Sell In May” Phenomenon
If you follow the stock market closely, you are no doubt aware of the “Sell in May and Go Away” adage. If not, you will…
Home In The Range: A Rare Streak For The Dow
We’ve dedicated several recent posts to the narrow trading range that has characterized U.S. stocks of late. This will (likely) be the final one on…
Charts Of The Week: Why Recent Index Highs *LOOK* Like Fitting Tops On The Charts
This week we presented a series of charts outlining how recent index highs pass the so-called market top “look test”. By that we mean that…