Are Market Breadth Issues A Caution Sign For Stocks?
Today I want to run through a quick checkup on market breadth to see how the market internals are faring thus far this year. In...
Checking In On The US Equity Indices: A Technical Review
Year to date, the Nasdaq Composite is the best performing major index in the US equity indices, up 6.51% YTD. However, both the Dow...
S&P 500 (SPY): Decision Time For Trend Followers
Today marked the first time the SPDR S&P 500 ETF (SPY) broke below its 200-day moving average in 2015. We came close in early...
S&P 500 Update: Putting The Market Pullbacks In Perspective
It’s earnings season and it’s obvious. The major stock market indexes are up one day, down the next. And social media is pretty evenly...
The Stock Market: Where’s The Leadership?
One by one, the large- to mega-cap leaders of this bull market have been taken behind the woodshed and shot. Names like Biogen Inc....
Why The Oil Service Sector Is Nearing A Countertrend Rally
As Crude Oil prices retest the 2015 lows, the Philadelphia Oil Service Sector (OSX) nears its own important price level - a 15 year...
Chart Focus: Hang Seng Index Nears 40 Year Trend Line Support
As investors were caught up in the Greek drama and commodities collapse, another near-term bubble burst: the Chinese stock market. And the drop has...
The Rotation Report: Patience Leads To Market Opportunities
After Facebook (FB) reported earnings, 22 analysts raised price targets. Â 22! Â That is a helluva clear sign the bull's boat is getting full. That...
Stock Market Outlook: Weekly Reversal Leaves Technical Damage
What a difference a week makes.
The market ended the previous week on a strong note. And the S&P 500 seemed poised to follow the Nasdaq...
The Rotation Report: Are Clouds Moving In Over Market?
The action in the mega cap leaders has just been absurd of late. For example, take Amazon (AMZN). It was already significantly overbought on...