On the surface, yesterday was a pretty nondescript day in the U.S. equity market with the major averages showing slight gains or losses. About the…
Tagged $SPY
The S&P 500-VIX Standoff – Part 2
Earlier this month, we looked at the circumstances present at the time whereby the S&P 500 and the VIX (S&P 500 Volatility Index) were both…
Broad Stock Index Breaking Above 3-Decade Triple Top?
Back in July we posted a provocative chart of the Value Line Geometric Composite (VLG). The VLG is a broad index of approximately 1800 stocks…
Does Lack Of Volume Matter At New Highs?
Volume has long been a topic of debate on Wall Street. Some folks argue that elevated volume is needed to “confirm” price moves. Others say…
Key Market Gauge Hits All-Time High
You’ve heard me mention many times that we consider breadth, i.e., the number of stocks advancing versus declining, to be an important barometer of the…
Seasonal Trend Says Date This Market, Don’t Commit
The stock market chop continued last week with major indices rallying from the bottom of the 2-month range to back near the top. With Valentine’s…
S&P 500 & VIX Both At Highs: Who Blinks?
We have written quite a bit about the behavior in the volatility indexes of late due to their noteworthy and in some cases, peculiar, behavior.…
Investors Are Fleeing The Largest ETF Near Its High
In the world of ETF’s, one way to measure investor demand is by looking at the number of shares outstanding. Unlike a stock or closed…
How Ominous Is This Long-Term S&P 500 Sell Signal?
The other day, we wrote a post about one of the continuing longer-term positives in the market: the persistent new highs in the NYSE Advance-Decline…
This Global Economic Indicator Just Hit A 30-Year Low
Our post and Chart Of The Day on Tuesday focused on the 5-Year Breakeven Inflation Rate. The impetus for mentioning it was due to the…