Stocks’ record streak without a weak close came to an end yesterday; what does it mean going forward? By any name – melt-up, relentless bid,…
Tagged $QQQ
Anything Left In Stocks’ Tank After Rocket Thrust?
The stock market burst higher on Wednesday from already elevated conditions; has it spent all of its fuel, or could there be more in the…
Stocks Boast Record Run Of Buoyant Behavior
The Nasdaq 100 has never had a run of strong closes like it is currently demonstrating. If it seems like the stock market has had…
Tech Stock Rally Getting Extended
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…
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…
Active Managers Move Back ‘All In’ On Stocks
Active managers have adopted an average of over 100% exposue to stocks; such exuberance has not been necessarily represented a poor bet in the past,…
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…
Is Abundance Of New Highs AND New Lows A Bad Omen?
Instances of simultaneously elevated numbers of New Highs AND New Lows have led to poor stock market returns. Today’s post piggybacks on Wednesday’s topic, i.e.,…
The Junkie Market Is Back (Lots Of Highs & Lows)
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…
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…