Non-confirmations by the NYSE Advance-Decline Line of new market highs have often signaled major trouble for stocks – will it be the case this time?…
Tagged $SPY
Traders Getting A Little Too Comfortable In Stocks?
Near-term volatility expectations have plunged to record lows. Trader sentiment has officially come full circle following the election. On November 1, we observed that “Investors…
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…
Investors (Over?-)Prepared For Election Volatility
Despite an unseasonably calm stock market, relative near-term volatility expectations have jumped to the 3rd highest level in their 3-year history. It’s no secret that…
Balanced Investors Stuck Between A Rock & A Hard Place
For just the 2nd time in 10 years, both stocks AND bonds are hitting 3-month lows. This week, stocks began to exhibit some of the…
Stocks’ Intermediate-term Uptrend Snapped
This broad gauge of the equity market (among others) has snapped its post-February uptrend line. The 2 signature events in the U.S. stock market thus…
Spotless Indicator Signaling “BTD”?…Or Has Its Luck Run Out?
This ratio has a flawless track record of bottom-picking the S&P 500 since 2009; is it signaling another “buy the dip”, or breaking its 7-year…
Will Election Surprise Be A Gift To Investors?
When stocks have entered the 4th quarter of an election year positive YTD, they have historically continued higher through year-end. It is normally around this…