Tag: chart analysis
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:...
The Rotation Report: Stock Market On Rinse And Repeat
Not much has changed in the markets over the past several weeks. Stock market bulls continue to make money, while the S&P 500 continues to...
The Case For The Bears In 2 Very Important S&P 500...
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...
What Is An Important Risk Tolerance Chart Saying Now?
Investor preferences allow us to better understand the stock market’s risk-reward profile. In this exercise, we'll look at a key stocks to bonds ratio...
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...
Chart Of The Week: Gold Prices Nearing Key Support Zone
Gold prices continue to meander sideways. In fact, Gold has moved sideways for the better part of two years. For much of last year,...
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...