**Update 7/24/15: The figures on AAII’s website related to their investment allocation survey were retroactively amended and no longer show the spike in cash levels…
Tagged $^GSPC
Household Stock Investment Is At 2007 Levels
From today’s quarterly Z.1 release from the Federal Reserve Board comes one of our favorite statistics: “Households and nonprofit organizations; directly and indirectly held corporate…
Are Stocks Due For A Big Move?
With last month’s failed (so far) breakout in the U.S. equity market, stocks are relegated once again to range-bound status. Essentially the market has gone…
Record Margin Debt: Tailwind Or Bubble?
The topic of margin debt always seems to be the source of much debate by market observers. Folks seem to fall on one of two…
What Do Falling Corporate Profits Mean With Stocks Near Their Highs?
If you’ve followed this blog for awhile, you may have noticed that we don’t cover fundamental or economic data too often. That is for a…
More Weight Added To Equity Bear Case
For the past 12 months, we have been taking note of a gradual accumulation of ancillary factors suggesting the longer-term outlook for stocks was becoming…
A Breakout To Nowhere
We’ve spent a good deal of “ink” over the past few months on the trendless, range-bound action that has characterized the U.S. stock market recently. This…
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…
One Gauge Of Investor Sentiment Just Hit A 6-Year High
There’s no question that the general level of stock investor sentiment is at historically high levels at this time. However, I think it’s probably safe…
Will Spike In Rates Hurt Stocks?
The current consternation among global equity markets is centered around the recent considerable rise in bond yields globally. There seem to be equal numbers of…