August 6-month lows have had a tendency to be broken in the coming months, prior to a year-end bounce. After getting kicked in the teeth…
Tagged $SDS
What Does Last Week’s Record Bounce Mean For Stocks?
Last week was certainly a historic one in the markets. Given Monday’s mini-crash, somewhat lost in it all (except for the bulls) was the fact…
Inverse ETF Hedging Near Record Levels
In recent weeks, we have discussed a number of data points indicating elevated levels of hedging in the equity market. This includes examples from the…
August 24 – A True Market Washout
It doesn’t happen too often, but occasionally we witness a true stock market “washout”. That is, a selloff marked by extremely one-sided (to the downside) trading…
Drought Surrounding Last Stock Market High May Be A Warning
50-day “droughts” before and after a 52-week high in the Dow Jones Industrial Average have marked several major tops. It has now been 64 days…
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…
Equity Options Traders Head For The Hills
The ISE Equity Call/Put Ratio has been under 100 for a record 3 consecutive days. As we have mentioned frequently, the task of weighing positive…
It’s Bounce Or Else For This Key Stock Market Gauge
We’ve used much of the space here in the past several weeks pointing out the deteriorating breadth conditions in the U.S. equity market. The trend…
Add Junk Bonds To The Growing Pile Of Concerns
This week’s Charts Of The Day and blog posts have had a heavy bearish bent to them. That isn’t by design. We just go where…
“Volatile Compression” May Lead To Short-Term Stock Gain, Long-Term Pain
On Friday, we posted a chart showing a rare occurrence of 2 consecutive inside days (i.e., the range is inside of the previous day’s range)…