The post-2009 UP trendline in the broad Value Line Geometric Composite was violated today. Most technicians and chartists have what they consider their important levels…
Tagged $SPY
Stock Options Hedging Reaches 6-Year High
We posted a chart a week ago on the recent high level of equity put option volume relative to call volume on the International Securities…
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…
Key Sector Threatening Material Breakdown
We take a break from the regularly scheduled poor breadth programming to bring you a chart of a sector…that just so happens to be one…
The Summation Of All Fears
This negative breadth signal has an ominous long-term track record. Yes, this is another post about the market’s deteriorating breadth situation. We can’t pick the…
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…
The Thinnest New High In Stock Market History
When we posted yesterday’s piece on the stock market’s weak internals (If Beauty’s On The Inside, This Market Wins The Ugly Contest), we weren’t sure…
If Beauty’s On The Inside, This Market Wins The Ugly Contest
We talk often about the importance we place on solid internals when gauging the health of the stock market. The more stocks that are advancing…