As with many indices we’ve mentioned recently, the NYSE Composite has rallied up to a potentially significant convergence of resistance. Continuing with the weekly theme…
Tagged $IWM
Mid-Cap Stocks Running Into Wall Of Resistance
The S&P 400 Mid-Cap Index is presently hitting a converging quintet of potential resistance layers. The stock market is presently at a very interesting juncture.…
“Average” Stock Index Facing Key Test
Many of the major averages are facing areas of key resistance in their post-February rallies – including the Value Line Arithmetic Index. About a week…
Options Traders Head For The Hills
Call buying of stock options has been extremely subdued relative to puts recently – typically a bullish contrarian signal; however… We are not the first…
Small-Cap Value Stocks Take Express Elevator Back Up
After testing colossal support in late January, small cap value stocks have exploded to the upside…but is there any more room to rise? Back on…
Small-Caps Approaching Rally Test
The Russell 2000 Small-Cap Index is nearing a level containing multiple layers of potential resistance. Earlier this week, we posted a discussion regarding the prospects…
Another Relative Strength Staple Scores An All-Time High
RHS, an equal-weight consumer staples ETF, continues its recent show of relative strength by hitting a new all-time high. After a year like 2015 that…
Is The Stock Rally Glass Half Full Or Half Empty?
The February stock market bounce has reached a crossroads – will there be another leg higher or has the rally run its course? The rally…
Bearish Fund Flows Hit 4-Year High AFTER Big Rally…Again
Assets in bearish Rydex mutual funds have spiked to their highest level since 2011 – AFTER another 100-point S&P 500 rally. One common misstep on…
Small-Cap Value Stocks Get The (Elevator) Shaft
The S&P 600 Small-Cap Pure Value Index skipped all stops on its way down to test colossal long-term support. Next up in our “bull markets…