Market Outlook: All Eyes On The Russell 2000
Last week’s price action did not change the overall technical picture. However, the S&P 500 (SPX) remains a laggard, closing the week basically where it began:...
Market Breadth Slips Again As Stocks Await “Big Move”
It's amazing how long equity markets can defend poor market breadth and divergences. But if you weren't already aware, divergences and breadth conditions can persist...
The Case For The Bears In 2 Very Important S&P 500 Charts
I suspect that some chatter among the technical crowd may begin to develop about the potentially bearish pattern that appears to be developing on...
Rally In Crude Oil ETF (USO) To Face Near-Term Challenges
The breakdown and increased volatility in crude oil prices since last summer have made forecasting difficult for industry analysts who must follow the intricate...
German DAX Tries To Reverse At Key Fibonacci Support
After leading the global markets higher out of last October's swoon, the German DAX has caught a cold. From it's intraday top on April...
Financials: Is The Stage Set For Long-Term Market Leadership?
Tactically speaking, the Financials sector, via the Vanguard Financials ETF (VFH), has taken off from a relative strength perspective versus the S&P 500 and broader...
Will The Financial Sector (XLF) Continue To Outperform?
With rates rising, which is another topic unto itself, the financials should continue to be a sector of strength. As rates rise and spreads widen,...
Trading Ideas: 5 Stocks To Watch (V, IBM, SONC, DPZ, MLNX)
So far this week, the overall market price action has not been kind to my weekend bullish hypothesis. The usual "risk-on" suspects (e.g. small...
What’s Next For The Financial Sector ETF (XLF)?
Considering the action in the financial sector and select bank stocks, it's hard to believe it’s been 6 months since I last posted on the...
Volatility Index (VIX) Likely To Settle Dow Theory Debate
Much has been written about the severe underperformance of the Dow Jones Transports and select transportation stocks (vs the broader market). Is Dow Theory at play...
