The Dow traded at a new high yesterday yet a lot of issues actually hit new lows; similar signals in the past have boded poorly…
Tagged $^NYA
Is Advance-Decline Line Divergence A Big Deal?
Non-confirmations by the NYSE Advance-Decline Line of new market highs have often signaled major trouble for stocks – will it be the case this time?…
Balanced Investors Stuck Between A Rock & A Hard Place
For just the 2nd time in 10 years, both stocks AND bonds are hitting 3-month lows. This week, stocks began to exhibit some of the…
Stocks’ Intermediate-term Uptrend Snapped
This broad gauge of the equity market (among others) has snapped its post-February uptrend line. The 2 signature events in the U.S. stock market thus…
Post-February Uptrend In Stocks Being Tested
Key indices across the U.S. equity market are testing their uptrend lines stemming from the February lows. It’s only fitting that today’s Chart Of The…
Is The Selloff Over — Or Just Getting Started?
Multiple 90% Down Volume Days in quick succession have often marked the culmination of selloffs – but not always. We’ve covered the topic of “90% Volume…
Is This Widely Ignored Indicator Signaling Investor Complacency?
There has been a recent spike in the number of Unchanged Issues which has, at times, signaled too much investor complacency in the past. As…
A Big Victory For The “Average” Stock
An index tracking “average stock performance” just achieved an important milestone, surpassing its 2015 all-time high. In what is not our first and, apologetically, likely…
Stock Bulls Make Important Stand
The Global Dow – among other indices – successfully defended its breakout level of last month. About 6 weeks ago, we suggested that in order…
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,…