Category Archives: Technical Analysis

Is The Stock Market Now On Thin Ice?

Tuesday's 1.2% decline in the S&P 500 and 10% rise in the VIX certainly got the market's attention as it was already nervous about the health care vote. The financial media debated the impact of both a No and a Yes vote but cancelling the vote was clearly not expected. Of course this has started…
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Hedge Fund Hairball

The stock market was surprised by the FOMC decision to only raise rates two more times this year as stocks soared in reaction to the announcement even though Wednesday's rate hike was widely expected. The higher weekly close this week does support the view that the correction is over. It seems that more are becoming…
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How To Keep Riding This Bull Market

The stock market was nervous prior to President Trump's speech to Congress but responded with a heavy wave of buying that pushed the Dow Industrials up over 300 points. The 32 point gain in the S&P 500 was also impressive but the small cap Russell 2000 was even stronger gaining 2% on Wednesday. It appears…
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Four Sector ETFs That Will Profit In The Months Ahead

The further turmoil in the Trump administration and growing controversy in Washington did not stop the stock market from moving even higher last week. The surge in stock prices over the past two weeks surprisingly has not been accompanied by an increase in the bullishness of the individual investor. According to AAII the bullish %…
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The Week Ahead: The Charts Won’t Lead You Astray Like P/E Ratios

Last week's strong stock performance and bullish market internals were consistent with the resumption of the post-election rally. The stock market's narrow range and the failure to exceed the January highs had put many investors as well as traders on the sidelines. In fact bulls have been hard to find as even the new Dow…
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Is Bullish Sentiment Now Low Enough?

The inability of the S&P 500 to surpass the late January highs and the tight trading ranges has caused an increase in bearishness among investors and traders. The White House induced volatility has also not helped. The change in outlook has been confirmed by the sentiment data from the American Association of Individual Investors as…
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