An index measuring the performance of the “average” stock in the market bounced precisely at a key support level. We dedicated several posts last week…
Tagged $IWM
Rally In High Beta Gets Back On Track
As with several other key sectors, the action in high beta stocks the past few days suggests a successful test of its early April breakout…
Options Traders Continue Their Unusual Hedging
While the stock market saw big gains yesterday, one options exchange reported a near-record level of relative put buying. One of the recent themes that…
Stock Options Traders Easily Spooked
Equity put/call ratios have spiked – despite an unprecedentedly small loss in the averages. One interesting development related to the stock market currently pertains to…
A High-ly Unusual Breadth Milestone
The number of 52-Week Highs on the NYSE itself made a 52-week high, even as the market averages were falling; this is a rare feat,…
Can Momo Regain Its Mojo?
High beta stocks were among those laggards that broke out above resistance last month, providing more fuel for the rally; they are now testing that…
Small Caps Trying To Overcome Big Hurdle
The Russell 2000 small cap index is testing a key level of resistance stemming from the 2009 lows. In our view, the biggest development in…
Is Breadth Signaling More Than Meets The Eye In This Market?
Does an unprecedented show of positive breadth foretell a quick end to stocks’ recent struggles? One year ago, the emerging theme in the stock market…
Did THIS Just Breathe New Life Into The Bull Market?
The NYSE advance-decline line closed at a new all-time high yesterday; will that breathe new life into the bull market, or is the bull still…
Micro-Caps Can’t Get Off The Mat
Despite glowing breadth statistics during the recent rally, the micro-cap space is one area that hasn’t kept pace. When considering the “quality” of the post-February…