The average retest period following crashes similar to that in August have bottomed an average of 27 days after the crash…that would be today. On…
Tagged $^GSPC
Can The 4th Quarter Save 140-Year “Year 5″ Streak In Stocks?
4th quarters in years ending in “5″ have typically been big…but will it be enough to save 140-year streak of positive “year 5′s”? Way back on January…
Key Global Equity Index Has Fallen Off The Precipice
On September 8, we posted a chart showing how a key worldwide equity index – the Global Dow – was “hanging on the precipice”. To…
U.S. Stocks Facing Their Biggest Test In 8 Years?
Broad-based Value Line Composite testing mega-critical level. The Value Line Geometric Composite (VLG) is an unweighted average of roughly 1700 U.S. stocks. This makes it,…
Household Stock Investment Was Near 15-Year High Entering 3rd Quarter
Elevated investment level means households likely took the brunt of the 3rd quarter correction. For those following the Federal Reserve’s “Households and nonprofit organizations; directly…
Stock Buyback Binge Continues
Extension of ZIRP suggests company share repurchases will remain elevated…but will the correction have an effect? One contingent that was particularly happy to see the…
“(Not Always) Smart Money” Hedgers Are Record Long S&P 500 Futures
It seems like sentiment indicators used to be more straightforward. That is, when one group of traders or survey respondents were positioned to an extreme,…
Will Yesterday’s Shooting Star Make Bears’ Wishes Come True?
Like it’s bullish counterpart, the hammer, this bearish reversal pattern has been inconsistent in its forecasting abilities, except under certain conditions. We’ve covered the “hammer”…
Something’s Askew In This Market
CBOE’s Skew Index, a measure of “tail risk” is at an extreme – unusual given current circumstances. One definition of skew is distortion. In a…
The Most Loved Stock Market Rally In History
One survey recently recorded the highest level of expectations for a market rally in its (admittedly brief) history. Not too long ago, stock market bulls…