On September 8, we posted a chart showing how a key worldwide equity index – the Global Dow – was “hanging on the precipice”. To…
Tagged $VTI
U.S. Stocks Facing Their Biggest Test In 8 Years?
Broad-based Value Line Composite testing mega-critical level. The Value Line Geometric Composite (VLG) is an unweighted average of roughly 1700 U.S. stocks. This makes it,…
Household Stock Investment Was Near 15-Year High Entering 3rd Quarter
Elevated investment level means households likely took the brunt of the 3rd quarter correction. For those following the Federal Reserve’s “Households and nonprofit organizations; directly…
Is The Flurry Of 90% UP Days An “All Clear” Signal?
“Thrust Days” are said to be good markers of a stock market launch…are they? The other day, we looked at the recent spate of 90%…
Global Equity Index Hanging On Lower Precipice
On June 17, our Chart Of The Day indicated that the Global Dow Index was “sitting on the precipice”. The Global Dow is an equally-weighted index…
Key Market Gauge Able To Hold Important Support
Just 8 days ago, we highlighted the breakdown of the Value Line Geometric Composite below its post-2009 UP trendline. And while trendlines are a dime…
New Highs Tie Record For Futility
The absence of ANY New Highs today also contributed to a dubious trendline break. Apparently it took the dog days of summer to break the…
Was The Most Important Line In The Equity Market Just Broken?
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…
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…
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…