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 $SPXU
Record Margin Debt: Tailwind Or Bubble?
The topic of margin debt always seems to be the source of much debate by market observers. Folks seem to fall on one of two…
Stock Indicator Suggests Big Move (Lower?) Coming
We don’t talk too often (because we don’t use them) about traditional technical analysis indicators. We have nothing against them; it’s just that we have…
Bond/Utility Divergence a Warning Sign…for the S&P 500?
Given their relatively high yields, utility stocks have long been thought of as proxies, or at least competition, for bonds. And while that relationship is…
Traders Are Shunning Hedges Again
One of our favorite new indicators for gauging investor sentiment the past few years has been the level of volume in inverse equity ETF’s. To…
Tail Risk Indicator Back To Extreme Levels
2014 may well eventually be known for its buildup of various warning signs in the stock market. While the trigger that brings such warnings to…