The stock market should underperform in the short-term but outperform longer-term…or is it the reverse? Everyone seems to be opining about the significance of yesterday’s…
Tagged $SPY
MidCaps: 15-Year Relative Strength Breaking Down Several months ago, we began noting relative breakdowns in key areas of the market. It started first in the…
Stocks Leaving CapEx In The Dust The Commerce Department released its monthly look at business spending today and, surprise, Core Capex is still about where…
Secular Stock Volume Decline Not Unprecedented
There has been a lot of focus and debate recently regarding the multi-year decline in volume in the U.S. equity market. One thing that we…
ChOTD-7/18/14 High Yield:Treasury Bond Ratio @ New 52-Week Low
Many of the subjects of our ChOTD’s over the past several months have focused on the behind-the-scenes weakening of the high-risk, high-beta areas of the…
ChOTD-7/16/14 Smart Money Index (First Hour/Last Hour Indicator): Trend Turning Similar To 2000, 2007?
Today’s ChOTD looks at an interesting indicator called the Smart Money Index (as coined by Jason Goepfert at Sentimentrader.com). The indicator tracks the timing of…
ChOTD-7/11/14 High ISE Equity Call/Put Readings On Down Market Days Have Preceded Drawdowns
Today’s ChOTD looks at the International Securities Exchange (ISE) Equity Call/Put Ratio. For those unfamiliar, ISE presents options ratios a bit differently than most exchanges.…
ChOTD-7/9/14 S&P 500 Days Above 200, 500-Day Moving Averages: Current Streak In Rarified Air
Plenty of folks in the financial blogosphere and media have discussed the S&P 500’s current streak above its 200-day moving average. We thought we’d add…
ChOTD-6/18/14 S&P 500 Average True Range: Volatility Measure Lowest Since February 2007
Touching on the pervasive “low-volatility” theme, today’s ChOTD looks at the Average True Range of the S&P 500 since 2007. Average True Range is a…
ChOTD-6/12/14 VIX:10-Yr Yield: Rate-Adjusted VIX @ At Extreme Low (Post-2007)
Today’s ChOTD is an interesting indicator we recently created. Given the hoopla surrounding the move by the $VIX to new cycle lows, we thought it…