One of the strongest and most impressive trends over the past 8 years has been the fierce and dramatic outperformance of the United States Stock Market over everyone else. Even when global equities have gotten hit hard, the U.S. has been referred to...
Momentum is a word that gets thrown around a lot. I personally like to measure momentum using a 14-period relative strength index (see here), but different people have...
The U.S. Stock market and most of its sectors continue to rally. As happy as we are to see this, and as much as we expect this to continue through February, these are only counter-trend rallies within larger structural declines. The good news is that...
As you guys know I started to turn bullish towards the stock market over the last couple of weeks for the first time since last October. Now, I want to make sure that we all understand that this is just a counter-trend rally within an ongoing bear...
Is there anyone left out there who wants to buy Yahoo? I don't see any.
Talk about terrible sentiment in a stock. Anecdotally that's obvious, but our data suggests the same thing. Also, does anyone have anything nice to say about Marissa Mayer...
Back in November I pointed to the Value Line Geometric Index as one of many reasons why I was bearish the U.S. Stock Market. One of many, but definitely a...
There is much more to life that what the Dow did yesterday. Every week we go chart by chart looking at all of the major U.S. Stock Market Indexes. This analysis includes the S&P500, Dow Jones Industrial Average, Dow Jones Transportation Average,...
Over the past five years or so, USD/CHF has been laying the foundation for a structural breakout, a structural breakout that looks to be in its early stages as 2016 begins. Before...
Commodities and Currencies are telling an interesting story. When you go through each of them one by one, you start to recognize ongoing themes, whether in energy, metals or agriculture. In addition, based on specific strength and weakness in...
One of the big themes that I see globally right now is the inordinate amount of bullish momentum divergences across the board. You can see these even more pronounced in the emerging market countries, although to be fair, they can be found in the...
This week I was driving home and flipping through radio stations on Satellite and I stopped to listen in on what was happening on the financial tv networks. I just learned this week that financial tv networks air their tv stuff on the radio too. Fun...
On Monday afternoon I was over at the Bloomberg West headquarters as a guest on their 4PM show "What'd You miss?". This is a show that I've appeared on a few times from New York, so it was cool to see their San Francisco studios. My take is that the...
After doing my U.S. Sector and Sub-sector review, there is a common theme that I think is worth pointing out. Structurally speaking, things now look worse. The best sectors that had been leading are now breaking uptrend lines and key support....
Going country by country all over the world is one of the best tools that we have as market participants. The value that I’ve gotten over the years from looking at the behavior of all of the countries, instead of just the U.S. is a huge factor in why...
Momentum is a word that is used an awful lot when referring to public markets. You hear people talk about "momentum stocks" or how they're seeing a "momentum shift". Unfortunately most of these references are just off-the-cuff sort of statements that...
The big level that I've been watching in S&Ps has been that 1880-1890 area representing support in August and September, which was also resistance back in early...
When we talk about leadership in the market, I think it's important to go sector by sector to see where the leaders are and where the laggards might be. To help with this study, we take a look at each of the 10 S&P Sectors and compare them to the...
A big reason why I've been bearish towards the U.S. Stock Market is because I'm in the weight-of-the-evidence business and globally stocks have been getting crushed. It was only a matter of time before the selling came to the United States Index. A...
That was fun wasn't it? S&Ps lost a cool 13% since the last week of 2015. You think that's a lot? Emerging Markets lost 16% during that period. The Russell 2000 Small-cap Index lost over 17%. Micro-caps lost over 18%. 13 is nothing. And get used...
