A Global Bond Rout and a Third Central Bank Turns Hawkish
The market is under severe pressure as oil remains elevated and yields are rising everywhere at once.
Remember the Broadening-Out Trade? Nobody’s Talking About It Anymore.
The equal-weight S&P is testing its 50-day moving average, small caps are sliding, and market breadth is weakening. The bullish narrative has changed fast.
A Slight Scent of Bear in the Air
Ugly action feels much worse if you have no flexibility. Here’s what I’m doing.
Bond Yields Make for a Not So Nice Start to September: 8 Key Items Shaping the Stock Market Tuesday
S&P 500 levels to watch, August PMI on deck, Apple’s new sheriff is in town, and other headlines moving the market this morning.
Europe Provides the Market With a New ‘Excuse’
The technical damage came first. Now the news is doing the rest.
More Stocks Are Hitting New Lows. The Market Doesn’t Seem to Care.
NYSE and Nasdaq new lows are climbing, but selling pressure keeps fading after the open. That disconnect could be telling investors something important about what’s coming next.
August Monthly Roundup: Maintaining Our Lead Through the Ups and Downs
We initiated three positions, added to several others, and locked in massive gains along the way.
Seasonality, Politics and the Death of the Momentum Trade
Conditions for a difficult September are in place, but it will also create new opportunities.
Charting the S&P 500: Dangerous Complacency at the Wrong Time
Too much bullishness when seasonal weakness is here is not a good combination.
The Others Retreat While Investors Leverage Up. Something Needs to Give.
Let’s examine a few key charts to see whether this chopfest will continue.