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 $^NDX
Trump Rally Starting To Thin Out
Despite the recent string of Nasdaq new highs, more stocks have been declining than advancing. One of the hallmarks of the post-election “Trump Rally” in stocks…
Will Breadth Thrust Launch Stocks Higher — Or Burn Out?
Large, broad stock market rallies like last week’s can either kick-start a major up-move or signify an exhaustive end to a rally. We’ve talked about…
The Wedge That’s Driving Facebook’s Stock
The stock of Facebook has been in a rising wedge pattern for most of its lifetime – and the pattern is nearing a resolution. Today’s…
An Imminent Stock Market Top Would Be Unprecedented
The month of July has never played host to a major stock market top. With the major stock averages breaking out into all-time high ground,…
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…
Revenge Of The Median Stock
The median stock, as measured by the Value Line Geometric Composite, pummeled its large-cap peers this week; unfortunately, historically that has not necessarily been a…
“Less Than Meets The Eye” Nasdaq Rally – Part 100
As we’ve demonstrated in previous posts, the quality of the recent Nasdaq rally has been less than impressive. A common theme among our recent posts…
Another “Less Than Meets The Eye” Nasdaq Rally
Since the initial spike off the September lows, rally participation among all stocks has been lackluster; the Nasdaq provides us with more evidence of this.…
Nasdaq 100 Facing Key Challenge For Stock Rally
The ability of the Nasdaq 100 to overcome nearby resistance would be one of the first price-based signs that the current stock rally may be…