There was an inordinate number of new highs AND new lows on the exchanges today, a condition that has spelled trouble for stocks in the…
Tagged $QID
Stock Options Traders Grow Their Hedges
Complacency is finally abating as options traders ramp up their put buying. On Tuesday, we noted that the sentiment climate had finally shifted away from…
Investors (Over?) Trim Their Hedges
Volume in inverse ETF’s has dropped to its 2nd lowest level in more than 5 years; have traders become too complacent? We have mentioned often…
Options Traders (Over?) Trim Their Hedges
After displaying extreme caution just a month ago, equity options traders have trimmed back their hedges – perhaps too aggressively. Over the past few months,…
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…
The Junkie Market, Part lll-Too Many NYSE AND Nasdaq Highs & Lows
This brief post will serve as the coup de grace for our “Junkie Market” series. By that, we are referring to days on which there are…
The Junkie Market-Nasdaq Edition (Too Many Highs & Lows)
A couple weeks ago, we posted a piece titled “The Junkie Market”. The focus of the post was on the number of New Highs and…