If you’ve followed this blog for awhile, you may have noticed that we don’t cover fundamental or economic data too often. That is for a…
Tagged $SPY
More Weight Added To Equity Bear Case
For the past 12 months, we have been taking note of a gradual accumulation of ancillary factors suggesting the longer-term outlook for stocks was becoming…
Bull Market Dealt A Significant Blow?
In January, we wrote a post titled “Are Bears Missing The Forest For The Trees?”. The gist of it was that while there were certainly concerning…
A Breakout To Nowhere
We’ve spent a good deal of “ink” over the past few months on the trendless, range-bound action that has characterized the U.S. stock market recently. This…
What Is The Grand-Daddy Of Divergences Telling Us Now?
Today, we continue (and possibly end) our series on market “divergences”. These of course represent a condition wherein one index goes to a new high while…
One Gauge Of Investor Sentiment Just Hit A 6-Year High
There’s no question that the general level of stock investor sentiment is at historically high levels at this time. However, I think it’s probably safe…
Will Spike In Rates Hurt Stocks?
The current consternation among global equity markets is centered around the recent considerable rise in bond yields globally. There seem to be equal numbers of…
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…
A Curious Spike In Inverse ETF Volume
One of our favorite new short-term sentiment gauges in recent years has been relative inverse ETF volume. This indicator measures the amount of volume traded…
Will Equities Follow Drop In Corporate Bonds?
One of the Wall Street platitudes often repeated is that the bond space is the “smart” market, particularly when in conflict with equities. That is, when…