Pandemic Two Step
Dear Readers: The Growth Stock Report resumes after a long hiatus. It’s a new market. Time to reset. It’s great to be back! US Major indexes hold gains after taking back about half their losses Read More …
Dear Readers: The Growth Stock Report resumes after a long hiatus. It’s a new market. Time to reset. It’s great to be back! US Major indexes hold gains after taking back about half their losses Read More …
An elevated Oil Volatility Index isn’t good enough reason alone to short crude. However, it’s tough to be a true bull as this measure of fear in that market warns.
All bets off for the Bull rebalancing until we see a turn around in the high yield corporate bond ETF (HYG.) Weekly chart shows price action well below the 40-period exponential MA. No Bueno.
Homebuilders are back. This blogger’s anticipation of an industry wide breakout soured after a couple of less than rosy outlooks from key companies sent investors into defensive mode. That big, fat red volume bar tells Read More …
The Russell 2000 is all alone under its high mark as the Dow, Naz and S&P 500 hit fresh breakouts. Our attention is focused on this small cap index because 1. That’s where we often Read More …
S&P 100 options traders are complacent, according to the VIX chart above. This Point & Figure interpretation of the indicator, with all the X’s and O’s, cancels out the noise of traditional charts by only Read More …
Market looking strong. So strong, we may have to remove our Sell Bias. Bottom line is quality is ascending, shit is sinking. It’s summertime, funds gotta reallocate. Not often you see the Transportation Index go Read More …
All is quiet on the the VIX front. OEX options traders are complacent. They can stay complacent for weeks. Though, inevitably, this measure of volatility is due to spike in the future, reflecting fear in Read More …
I won’t turn all out bearish until the semiconductors breakdown, which obviously isn’t happening as a new high is made here.
Happy stocks this morning turned sour into the close as the Nasdaq posted a modest loss on distribution. The Dow and S&P 500’s retreats from earlier highs weren’t as dramatic. We see it all as Read More …