The Nasdaq 100 rally is arguably extended now, based on the utilization of this charting analysis. We have mentioned, on occasion, our view that the…
Tagged $^GSPC
More Evidence Trump Rally Is Thinning
Despite the major averages’ continued drift near all-time highs, volume moving into advancing stocks has been historically light. About a month ago, we noted some…
Does Stocks’ Buoyant January Mean Smooth Sailing For 2017?
The S&P 500 never traded below its 2016 closing price during January; prior such cases have been very positive harbingers…mostly. January was an…
Inside Another Record-Setting Streak For The S&P 500
The S&P 500 has now tied a record with 9 consecutive days trading within the range set 10 days ago; what are the ramifications of…
Traders Confident Santa Claus Coming To Town
Shorter-term stock volatility expectations have dropped to their lowest levels in more than 4 years. We’ve covered the term structure of stock volatility indices on…
Inside A Rare Signal In The S&P 500
The S&P 500 just put in 3 straight “Inside Days” for the first time in its history. We have covered the concept of an “Inside Day” on…
Stocks AND Volatility Indices Both Jump — Who’s Right?
Today saw the VIX solidly higher despite the fact that stocks rallied hard; what do similar precedents tell us? Markets have been on a parade…
Does This Signal Mean Smooth Sailing For Santa Rally?
The VIX just notched a 3-month low; previous early-December occurrences have been generous to stock investors. With 2017 fast approaching, all matters of year-end and…
Is Advance-Decline Line Divergence A Big Deal?
Non-confirmations by the NYSE Advance-Decline Line of new market highs have often signaled major trouble for stocks – will it be the case this time?…
Traders Getting A Little Too Comfortable In Stocks?
Near-term volatility expectations have plunged to record lows. Trader sentiment has officially come full circle following the election. On November 1, we observed that “Investors…