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.…
Tagged $QQQ
Broad Market Survives Another Test…For Now
A key broad market index overcame an important hurdle, buying it more (though, perhaps limited) time and space. On September 29, we penned a not…
“Just Remember…To Come Back In November”?
The flip side of “sell in May and go away” doesn’t get as much attention, but the historically best 6-month stretch of the year for stocks…
Relatively Few Big Stocks Bearing Weight Of This Rally
The “equal-weight” S&P 500 has dropped to near 3-year lows versus the cap-weighted version. Previous such events under similar conditions occurred at inauspicious times. Continuing with…
IBM Investors Feeling Blue, But Major Potential Support Is Near
We seldom cover individual stocks in the blog. One exception was Wal-Mart, whose chart we analyzed a few weeks ago. WMT’s stock is trading at…
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…
Impressive Bounce For Stocks Following Re-test — But Will It Last?
The stock market has shot up following last week’s retest of the August lows – but is it sustainable or just temporary? As investors digest…
Is The Stock Rally Running Out Of Fuel…Or Just Getting Going?
A 90% UP Volume Day on the 5th straight up day in the market may signal short-term exhaustion; but it has not prevented significant further…
Margin Debt Drops: Healthy Pullback, Or Budding Headwind?
Pullback in Margin Debt is healthy…unless it signifies the start of a larger decline. In our post yesterday on household stock investment, we discussed what…
Household Stock Investment Was Near 15-Year High Entering 3rd Quarter
Elevated investment level means households likely took the brunt of the 3rd quarter correction. For those following the Federal Reserve’s “Households and nonprofit organizations; directly…