Monday, after a lot of spooky headlines, the SPDR S&P 500 ETF (SPY) touched its 23-month moving average (MA) or the two-year biz cycle breakout point right around 417. Plus,…
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Over the past six trading days, NVDA has fallen from a high of 476.09 to Friday’s low of 410.78. That’s a drop of 65.31, or nearly 14%, in just over…
Bearish Triad: Stock Market Indexes and Market Breadth Test Important Support Level; VIX Above 20
I’ve been looking for the market to bottom for several weeks. But the trading environment has shifted to a new gear; a cautionary one. On the other hand, this sudden…
I’ve been watching the Volatility Index ($VIX) for years and it provides us a number of very important signals. One of those signals is BE CAREFUL when the VIX moves…
Week Ahead: NIFTY May Have Limited Upsides In The Truncated Monthly Expiry Week; Watch These Key Levels
The markets wore a largely corrective undertone throughout the past five sessions; it oscillated within a similar range as the previous week and closed on a negative note. The volatility…
Stock market action in the last few months reflects how quickly investor sentiment can change. Federal Reserve Chairman Powell’s comments on Thursday implied that inflation is still high and the…
Gold (GLD) has been strong this month and today its 50-day EMA crossed up through its 200-day EMA (Golden Cross), generating an LT Trend Model BUY Signal. You will note…
Most of you know our Big View product since I often discuss our risk gauges. I can report to you that our risk gauges show three out of the five…
The Relative Rotation Graph above could not be more clear. Large Caps are leading the dance at the moment. The rotations of the tails for Mid- and Small-cap stocks are…
These 3 Stocks Keep Hitting New Highs and Can Still Surge: This Is the Time To Look for an Entry
When the stock market turns to the downside, it’s discouraging. But not all stocks go down with the market. Running daily scans can help you identify some gems. Here are…